if you went back 1 years ago, what would you buy?

what most people blurt out is buying a house.

when you look at a person's changes in the past ten years, you can't help feeling that "it's now or never.".

anyone who cares about the stock market knows that in 27, A shares rushed to the peak of 6,124 points, and in 28, they fell to the trough of 1,664 points.

after several years of consolidation, in 215, A shares rushed to 5178 points, but now they are back to 35 points.

Many people's lives are just like the stock market. Opportunities appear around them at any time, allowing a group of people to realize wealth freedom, and then slip away at any time, missing opportunities for change again and again.

what opportunities have you missed these years?

Maybe I didn't buy a house when I didn't buy it, maybe I didn't catch up with the A-share bull market in 215, maybe I didn't start Maotai before 219, or maybe I didn't catch the express train of the fund in 22 ...

A friend who invested in the fund came to advise me every time when it rose, so I could buy some quickly and let Qian Shengqian. Every time I respond to her: "I listen to Buffett and only vote for what I can understand."

As a result, this time she said, "You've been saying this for years, but you still don't understand anything."

I clearly want to start, but I dare not start, so I just keep missing it.

This reminds me of the process of the villagers growing mushrooms in Minning Town.

At the beginning, when Professor Ling from Fujian wanted to mobilize everyone to grow mushrooms, he told the prospect vividly:

Mushrooms can be changed into meat and vegetables, and as long as you invest 2, yuan, you can earn money continuously, so you don't have to dig in the soil.

But for the villagers who have never eaten or even seen mushrooms, 2, yuan is tantamount to a "gamble", and they all backed out.

Only those who have worked in other places are blessed and willing to give money to try.

As a result, the experiment of blessing was successful, and a truckload of mushrooms were pulled out, earning real money.

At this time, other villagers followed suit, and the surrounding villages began to set up sheds to grow mushrooms.

Unexpectedly, when their mushrooms were planted, the supply of mushrooms in the market exceeded demand, and the price of mushrooms plummeted, so the villagers had to sell them cheaply or rot at home.

when the price is high, you can't catch up, and when you catch up, you can't sell it.

just like many opportunities in life, you can't understand them when you come, but when you understand them, the opportunities are gone.

some people say that every penny you earn is the realization of your knowledge of the world.

every penny you lose is because you have a defective understanding of the world.

If you don't start to seize the opportunity and make up for the cognitive deficiency, you will only miss the opportunity again and again, and you will never start to use investment to achieve the "Qian Shengqian".

during this period, the "fund" has been pushed to the hot search again and again, but the atmosphere before and after the Spring Festival is completely opposite. Before the Spring Festival, there was a "rising sound", and after the Spring Festival, there was a continuous decline.

Many people's understanding of funds stays at one level, that is, the risks and returns are lower than those of stocks, but higher than those of time deposits.

But what is a fund? What are the classifications? How to choose a fund? I'm all confused.

to understand investment and funds, there are three books that are required for getting started.

Index Fund Investment and Financial Management, which ranks first in the fund category of Amazon e-book bestseller list all the year round, is a steady investment strategy guide for financial novices to understand at a glance.

The author, whose pen name is "Bank Screw", is a big V in the fund investment field and a special guest in the investment column of china national radio and Beijing TV stations.

He first let us know what a fund is.

A fund is a combination of many stocks.

Buying a fund is equivalent to hiring a financial expert to help you stock. At the same time, many people will buy this fund just like you.

Together, your investments are the assets that the fund manager can control. He will allocate assets according to certain rules, such as how much money to buy which stocks and how much money to buy which bonds.

the person who buys the same fund needs to pay him a management fee, but the responsibility for profit and loss is entirely borne by you. If the fund manager loses money, it may affect his reputation and performance, but it can't compensate you for the loss.

At this time, risks appear. How do you know if the fund manager you choose is reliable?

in order to avoid this kind of risk brought by people to the maximum extent, there is an index fund.

We often say, don't put eggs in the same basket. If we compare stocks to eggs, we will select dozens or hundreds of kinds of eggs according to certain rules and calculate their average prices. This average price is the price index of these eggs.

this index is the fluctuation of the average price of eggs, whether it has gone up or down.

Buffett once made a "million-dollar bet" with index funds and professional investors.

In 25, he chose five index funds tracking the S&P 5 with a ten-year investment period, and professional investment manager Ted Sieders chose five hedge funds.

In 215, the Standard & Poor's 5 Index rose by 125.8%, while the five best-performing funds rose by only 87.7%, and the index funds beat the hedge funds completely.

Therefore, Buffett strongly recommends index funds, and boldly asserts that as long as ordinary people insist on investing in index funds, your income will exceed 8% of professional investors.

He once revealed that he had set up a trust to take care of his future legacy, in which he specifically indicated the investment method: 9% invested in the S&P 5 index fund with low fees, and 1% bought short-term government bonds.

So, how do we choose and trade index funds?

what kind of industry is worth investing in?

how to avoid risks?