[Investment and Financial Management] Petty Bourgeoisie Emily Series Reading Experience - Concept similar to JG's anti-market accident
For us in the construction industry, it is actually quite difficult to achieve financial freedom by receiving salary. After all, we are not in the technology industry with an annual salary of several million. Therefore, I think it is very important to learn some financial knowledge after work.
Petty bourgeois Emily's three series of books have been published for some time, but I didn't seriously buy them back to read until recently. I originally thought it was a stock investment, but unexpectedly found that her concept is very similar to that of the anti-market author, Mr. JG. It is spread trading, the same buying concept, similar trading cycle, the difference is a little more sense of stability, to make the transaction more stable, there are two things that I think are very important, which will give you a sense of stability, That is: patience and not greedy .
➤Extended reading: [Investment and Finance] Who is Teacher JG? Is JG introductory training worth it?
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▋Comparison of three things in trading: stock picking, buying, selling
There are only three things to make a spread in trading: choose the target you want, buy the target you pre-selected according to the plan, and then take profit according to the plan. The methods of the two are very similar, both are contrarian trading. , as follows:
❶ Stock Picking
JG
The stock selection method of JG's school is biased towards technical analysis (but that was my concept in class two years ago). JG mentioned in the class that he does not exclude picking your stocks by value stock selection. In fact, many books also It is mentioned that selecting stocks by value and buying stocks by technology are actually full of reason. There is no right or wrong. There are ways to rationally explain the stocks that will make a profit. Maybe the element of luck is still relatively heavy.
Emily
Emily's method of stock selection is very logical. In fact, if you really want to choose stocks, I recommend reading Emily's book. The certainty is relatively high, and there are SOPs to follow, at least for us headless flies. Step by step to basically screen whether this stock can be bought, the disadvantage is that it takes more time.
No matter which stock selection method is used, it should be done when the stock market is usually peaceful. Don’t wait until the next day to see the joy of hunting. The decision of the moment is not a good decision. It is easy to regret buying it, so usually Just choose the target and set the target price, so that you won't buy it indiscriminately.
❷ Buying method
JG
In terms of buying, both use counter-market trading, which is the saying: others fear me greedy , that is, to buy when the market is falling, and the next wave in June and July will be a very suitable buying point, but what kind of buying price to use, enter the market in several batches, and what kind of psychological construction, Requires long training.
No matter what method you use to buy, the most important thing is to be able to sleep peacefully. If you are anxious about trading, you will lose the meaning of making money, right?
Emily
Emily uses the method of value investing to decide when to buy. The actual calculation method can refer to her book. I prefer to use the yield method to evaluate the price at which to buy. more comfortable.
I think the most important thing about investing is that you can concentrate on other things you want to do, instead of taking out your phone and watching it every day.
Both buying methods have another very important concept, that is: batch , don’t buy all the funds in the same stock at the same price. Take the slump in June and July as an example. When the first drop below 10,006, if we were all happy and all in, then it broke 10,005. I was so scared that I couldn't sleep when I was four.
Basically, they are bought in batches. Emily's book has mentioned the problems that may not be bought, that is not greedy and patience After practicing, it may not necessarily fall to the set price every time, and it may not be full.
❸ Selling method
JG
The philosophy of the JG faction has a core vocabulary called "Make money" , so the stop profit point will be set relatively high, this is no problem, it is a good thing not to lose money, but I personally prefer the mobile stop profit method that I learned in Dianshi Winning Elementary School. Not the highest, but more in line with my personality.
Emily
Emily's stop point setting is more conservative, about 20% is sold, which is biased towards "Not greedy" There is a bit of conflict between the concepts of the two factions here, so we can see that JG invested in full-time trading very early. If you are interested, you can go to his YT channel, and he will introduce himself.
I do not encourage this very much. The earliest investment in the market was to develop new social functions and create new things. However, when a single person's financial resources are not enough, investment will appear. In short, investment is to create social value. Instead of creating personal wealth, wealth is simply a by-product of creating social value.
▋Cut leek event
This term has become very popular in recent years. When I first learned about stock trading, there was no such term. I am surprised that several years have passed, and investment frauds are still emerging, and there will always be people who are facing each other with too high investment returns. Rate, there are always people who think they don't need to work, and there are always people who are cheated of money and can't get it back.
Acting on behalf of
Take the matter of asking someone to handle stocks on your behalf, returning 10% of your interest every month. If you are a fundraiser, please think about it, the annual interest rate for me to borrow money directly with stock financing is only 6%~ 7%, I have to pay you back 10% every month when I borrow money from you. I don’t have time to pay you back. Why should I treat you so well?
In the past few years, I have heard about splitting the stock. His method is: as long as you pull more offline, the more stock interest you will receive, it sounds like a financial direct selling flavor, but it is actually a Ponzi Scam, what happened 100 years ago is still applicable today, don't know what to comment.
investment group
Then there is the investment group. They lied that they would sign up for a card and let you join as a member. If there is a famous brand, I will not borrow money to invest. Anyway, I will make a steady profit without losing money.
The main source of profit for the courses that teach people to make money is the tuition we pay. Most of them are like this. The course fees are expensive. We will be willing to pay that price, mainly from our greed. , I have paid many times myself, so I should be very qualified to say this XD.
▋Conclusion
I think people who are willing to share their learning experience in articles have a good intention to do this. It is difficult for us to spend so much time studying investment and financial management. It is a great thing to buy the essence of his learning and organizing for a small price, and friends who are interested can buy it and read it.
- Petty Bourgeoisie Emily: My Assets Doubled and Deposited Notes
- Emily teaches you to automatically deposit stocks and petty bourgeoisie can earn 15% per year
- Emily teaches you that petty bourgeoisie can be rich without rich dad
JG's anti-market is also posted.
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