What is the essential difference between investment and speculation?
Investment is to compare ability with others, and speculation is to compare luck with others.
Buying question: When you bought YY a few weeks ago, American stocks were at a high point. Will you consider the position of the index when buying?
1, I can't judge whether the US stock index is at a "high point" or a "low point". 2. My whole portfolio has about 65,438+00 stocks. I don't know if this is called centralization or decentralization, but this number makes me feel more comfortable. 3. It is basically a one-time purchase. When you buy, you don't have much patience. If you are eager to make a deal, you will often pay more. I think this is a bad habit. I think it is feasible to buy at a price. As for the batch, who knows whether the stock price will go up or down tomorrow, it may not be easy to implement.
What is the most important investment?
The most important thing is: 1, know your own ability; 2. Make clear your income expectation; 3. Know your own fluctuation tolerance; 4. Formulate or adopt strategies that meet the first three points.
How to judge the selling point of individual stocks that suit you?
Buy for what and sell for what. 1. If you buy stocks based on the advantages of the company's long-term business model, don't sell them as long as this advantage has not changed. 2. If it is only based on underestimation, sell it after the underestimation disappears.
How can we find valuable investment targets?
There are many valuable investment targets, and it is difficult to determine their investment value.
Please talk about it: What does the margin of safety in investment mean?
I really haven't thought about this problem systematically. Roughly speaking, it may include several blocks: 1, and the fault-tolerant space for fundamental analysis. For example, a company, you think it is good, but in fact its business is not that good. If this problem occurs, will the whole portfolio collapse? If it doesn't collapse, then there is a margin of safety. 2. The fluctuation tolerance of the whole portfolio. If the net value of the whole portfolio or the price of a single investment target fluctuates greatly, will the whole portfolio collapse? If it doesn't collapse, then there is a margin of safety. 3. Is there room for fault tolerance in the whole life investment and family resource allocation? If there is a problem with the investment, will there be a problem with the property safety and living security of the whole family? If there is no problem, then there is a margin of safety.
Life circle is full of examples of stock market failure, most of which are victims of bull market. The hostess also believes that stock trading will eventually lose money. How to persist in studying stock trading in such an environment?
If everyone thinks that stock trading will eventually lose money, this environment is generally suitable for investing in stocks; If everyone thinks that stock trading is easy to make money, this environment is generally not suitable for investing in stocks.
Everyone says to do your job first. Is this regardless of industry? People of the same age in the industry who are most likely to have a future/money path are also watching step by step, even watching money. Compared with stock trading (or investment), professional skills are easier to improve than gamblers, and they probably have more advantages. But if professional skills can't be changed now, how long can they persist in the future society?
Concentrate on your work has several meanings: 1. Investment is also a professional thing. Don't fantasize that you are Buffett forgotten by the world. If you haven't made any achievements in investment so far, there is a high probability that you won't make any achievements in the future. The hardest thing to invest is to have enough principal. If the principal is insufficient, the investment is meaningless. For most people, the biggest resource is their own human resources, so doing a good job is to manage the main resources. 3。 It is also difficult to do other work well, but the return of most work is linear, and one point of hard work pays off, but the investment is not like this. If it doesn't reach a certain level, it is a waste of money.
How many books can you read a year? Can you take notes?
There is an interesting change in my reading: 1. From reading good books to reading bad books, I used to be very selective in reading, and all of them had to be masterpieces. Suddenly one day, I can read all kinds of books. 2, from reading new books to reading old books, suddenly one day, rereading old books is also very interesting, and I have read many books dozens of times.
How do you deal with the uncertainty of investment?
1, long-term long-term. 2. Don't predict the short-term long and short of a single asset, and use asset allocation to deal with this uncertainty.
Do you suggest that young people devote themselves to learning to invest in stocks? Do you think that through continuous investment learning (non-professional investors), there is a great probability to gain the ability to continuously increase income and gain financial freedom? How much do you think the initial principal is appropriate?
1, "the ability to continuously increase income" is possible; "Access to financial freedom" is restricted by many conditions, among which the principal is a very important condition. 2. The initial principal must be at least equivalent to one year's salary to be meaningful.
Ask Laos, you just mentioned that "on the road to successful investment, IQ, knowledge, diligence and the depth of individual stock analysis are far from being as high as expected." So what do you think is the most important thing?
1, understanding of the company and business. where is the money to come from? 2. Understanding of the market. What should I do when the target price fluctuates? 3. Know yourself. How can we make money in the market? IQ, knowledge, diligence and depth of individual stock analysis only have effects on 1.
How can I make a fortune in the stock market?
The difficulty lies in how to define making a fortune.
1. Through step-by-step efforts, you can be excellent or relatively excellent in an enterprise or even an industry, and hold middle and senior management positions with an annual salary of one million. With luck, the company's listing options will increase by tens of millions. Is this a fortune? This is the most common.
2. Adventure and accidental luck, such as buying a house with leverage during the rising housing market and sitting on tens of millions of assets for more than ten years, are not particularly bizarre. But how to grasp the thing of luck? Will things that have gone up before definitely continue to go up? Only God knows.
3, through the establishment of an enterprise or even an industry, small financial freedom, big fortune. This not only has high requirements for people's ability, but also for people's luck and even their luck.
The only thing to remind is that for a person who has not made a fortune and has insufficient principal, the stock market must not be a place to make a fortune.
I always see people say that profit and loss are the same, and I have never understood it well. Please help me solve this problem.
For example, the combination of balanced allocation of stocks and bonds rose much during the bull market, mainly due to stock positions; Then in the next bear market, the net value of the entire portfolio may fall even more, which is also brought by stock positions.
Leverage strategy will increase more than the market when the market trend is in line with the preset direction of the strategy; When the market trend does not conform to the preset direction of the strategy, it will fall more than the broader market.
A person who earns a lot of money by gambling may also lose a lot of money by gambling.
A person reaches his destination quickly because he drives fast; Then something happened to him, or maybe it was because he was driving fast.
Domestic active investment funds will outperform the index with a high probability. What does the abbot think? Should domestic long-term investment choose active fund or passive index fund? If institutions have advantages over retail investors, do large institutions also have advantages over small institutions? Ask another related question. Fund investment, should choose one fund or several funds, and how to grasp the quantity and proportion in the general direction?
China's active funds can outperform the market, but the problem is that you may not know which one will outperform the market. If you feel that you have no choice, then buying an index fund may be a safer choice. I think a more reasonable fund investment plan is to buy a fund portfolio, not all stock funds, with some bond funds or even some other alternative funds, and try to make the whole portfolio fluctuate less and hold it for a long time.
Who has a better prospect, Apple or Tencent?
1, the competition faced by Apple will get worse, and the experience provided by Android is getting closer and closer to Apple. 2。 Tencent's current valuation is normal, neither cheap nor particularly expensive, but the company's development is relatively certain.
Investment is very confused. What can I do in the stock market?
In the whole stock market, you can do three things:
1, one is thinking about others, guessing whether you will buy or sell, and how much you will buy and sell. This "other people" includes the miraculous "non-size", "organization", "banker" and "national team", and there are many other people sitting in front of the computer like you and me. How many others are there? There are about 50 million in China.
Think about this company and see how much it is worth. How many companies are there? There are about 3,000 in China now.
3. Think about yourself. Think about who you are, what you know, what extraordinary skills you have and why you can make money in the market. How much money does this man have? Only 1.
So, is it easy to ponder 50 million? Is it still easy to ponder 3000? Still easy to ponder 1?
According to my years of gambling experience, many people who ponder 2 and 3 make money, while those who ponder 1 rarely make money. Including the most profitable person in the world, he only thinks about 2 and 3.
But most people in the market like to ponder 1.
Why? Probably because 1 itself never had an answer, it was easy to start. After thinking about it all my life, I lost all my principal, and I can still think about it.
2, it seems a bit difficult. 99% people have no patience to read financial statements.
It is not difficult to ponder 3, mainly because I need courage, because after pondering, I am a person with mediocre qualifications, lack of knowledge and know nothing about most things.
But don't worry, when you figure this out, you are not far from making money.
Hello, let me ask you a question. Why is Tian Hongyong's value growth so much worse than the Jing Shun Great Wall CSI 300 in this round of decline? It's just terrible. The rise is only a little, and the decline is a plunge. In contrast, Jing Shun's performance is much more stable. Should I redeem Tian Hong to buy Jingshun?
During this period, the stock price of large-cap stocks is firm, and the small and medium-cap stocks have fallen much, so the performance of the fund will be like this. Which fund to invest in depends on which stock you invest in, not on how the fund "performed" in the past.
Hello, I just downloaded the fund investment APP today, registered an account, and plan to make a fixed investment with part of my salary every month (tentatively 1 1,000 yuan). Ask for recommendation, as long as the income is higher than that of the bank. I prefer stock trading, but my wife gave me a dead order and finally compromised. In addition, my wife has some money in the bank regularly, but I think the interest rate is too low, so I also ask the abbot to recommend a financial manager.
In the long run, the investment income of stocks is higher than that of bank financing, but it needs to bear large fluctuations. For example, it is not excluded that there will be book losses for a period of time, or even for a long time. Therefore, it is necessary to establish appropriate income expectations and use the method of fixed investment to avoid the risk of one-time investment failure. I suggest you invest in Warburg Manulife Fund 50 1029, Guo Fu CSI Bonus Enhancement 100032, Jing Shun Great Wall CSI 300 Index Enhancement 0003 1 1, which all represent varieties with low A-share valuation.
For an investor like me, what is the appropriate ratio of funds, stocks and cash? Please don't answer how comfortable and how to come.
1. If you don't have the ability to choose stocks, you have all the funds. If you have the ability to choose stocks, you will have all the shares. 2. If you can withstand fluctuations, try to bring as little cash as possible. If the affordability is limited, allocate some money funds or bond funds.
Why do you think Oriental Fortune is the best Internet company in A-share market? Tell me why.
1, gub in Cai Dong is an excellent Internet product, which enables users to produce content, and the more people use it, the better (at least at a certain stage).
2. After the stock market, Cai Dong's business model exploration, including online fund supermarkets and internet brokers, was also very successful. It has not embarked on the easy road of stock trading software and investment services, but there are countless pits.
3. The success of several stages and links shows that the success of the company is not accidental.
Do you think it's better to buy China Internet Fund at one time or invest in it? Is there another way?
If you have the ability to evaluate and think the current price is more economical, then buy it at one time. If you don't have this judgment, you will vote for it.
Why do many people buy funds at a loss?
This conclusion is clear without research: it is not because the fund is "big" and does not make money, but because the fund (stock market) has risen, which leads to the fund being "big", and then the stock market is overvalued and then does not make money. The reason why Jimin doesn't make money is simple. The high-level purchase and sale is not because of the fund or the stock market, but the result of their own timing.
Can you talk about your advanced investment learning path?
The practice of managing your own account for a long time; Read classic books and learn from others' experience; Communicate with users and absorb the wisdom of others; Feelings in daily life
Important tip I choose a stock every day and post it in my column. You can go and have a look!
Just now, many fans and friends asked me why I didn't publish the stock code, so we bought it directly. Let me explain again here. Because of my high accuracy in explaining stocks, many fans and friends will blindly buy and sell when they see them, and finally they will lose more than they gain. Therefore, the code and detailed operation ideas will be published in the column (public platform) later. Friends who want to grasp this stock can go to the official account of WeChat.
The official account of the author's WeChat: Yijie Stock Selection (gphkp5 18).