The content of the text includes the author's thoughts after reading the classics, combined with the current enlightenment and induction. The article written is a record for the author after a certain period of time, not as a recommendation or suggestion.
Closed-end funds are worth investing in. Generally speaking, closed-end funds are funds that cannot be redeemed in the short term, but can be traded in the secondary market. The reason why it is worth investing is that closed-end funds are in a particularly poor industry, especially in the long bear market, when investors can't see hope and are eager to realize cash, then there will be discounted sales.
Investment mode of flowing Chinese cabbage
The biggest change in the stock market is the change in valuation, not the change in economy or the change in profitability. So buy stocks, one is low valuation, and the other is not to care too much about the economy. Most people should always be careful to buy high-growth stocks at high valuations.
From the perspective of investment, there are two ways to make money. One is to make money from the company, the other is to make money from the market. The former is slow money, and the long-term yield is about 3% of the national debt; The latter is quick money and a zero-sum game.