I'm a freshman thinking about retirement, Xiao Zinc.

This Friday is the payday that every office worker is most looking forward to. Thinking about the salary transfer to the account, the hard work of the whole month has corresponding value, but I don’t have much joy, instead I am confused. Even if I save food this month With frugality, I won’t be able to accumulate much assets, so when will my previous plan be achieved?

DAY 7 - The value of time

When it comes to investment and financial management, it is nothing more than the terms of return on investment, risk assessment, compound interest, etc. Too many people regard risk assessment as an important factor in the stock market, thinking that mastering the balance between risk and reward can keep themselves away from risk and embrace profit. Li, although I have not invested any capital to enter the market at this stage, the concept of investment is only a rough outline, but recently I suddenly discovered that time cost is the biggest success parameter of investment . Risks may be compensated by operating skills, but time is completely impossible. When the time passes, you can only regret it, and you can't look back when the time passes.

Time is the biggest test of investing, not risk.

Einstein seems to have mentioned that "compound interest is the eighth wonder of the world". Even a physicist who is not an economist describes the influence of compound interest. It seems that the value of compound interest is really powerful. The continuous rolling of principal and interest will eventually reveal the great power of time.

But today I'm not talking about the influence of compound interest. There are too many people helping us test the terrible power of compound interest. What I want to talk about is the patience behind time. Even if compound interest is a weapon, patience is what drives compound interest. Fundamental kinetic energy , like I am a freshman who has just come out of the society, in fact, I always think about how to accelerate the accumulation of wealth, watching some colleagues use the short-term operation of stocks, or the complex line chart analysis, and Gossip, the profit can be as high as 40% or 50% in a short period of time, which is really exciting, and I will imagine whether I have a chance to do it in the future.

It’s just an unrealistic fantasy. I understand in my heart that it’s not that the short-term is imaginative, but to me, it’s not my personality, and it’s not the way I want to retire. I want a stable investment market without too much. Worrying about stock price changes, staring at the ups and downs of the disk all day.

DAY 7 - Patience

At present, I am more inclined to the value investment proposed by Buffett, but this concept tests people's patience. Not only do we have to wait for opportunities with equanimity, and we must not act at will, but we must also be patient with eager greed after the shot. All sold. And all of this requires a premise, that is, the most important "accumulation fund". Only with sufficient funds can we bravely grasp the opportunity when the time comes . In my current situation, it is only 5,000 yuan per month. It is quite difficult to use money as an investment, so when will I be able to save enough money and even have the courage to enter the market.

Some people will say that you can choose a monthly fixed amount. Although the amount is not large, you can move towards the goal solidly. This seems to be a good way to exchange time for rewards, and to reduce the risk of fluctuations with a regular fixed amount. There is really no need to worry, although my heart is also eager to retire early, at least I am patient, because I understand that there is no shortcut to financial freedom , speculatively listening to famous brands, or borrowing and using leverage to get rich, few strengths will be able to. suffer a lot.

With a step-by-step plan, even if the road is long and indefinite, I still believe that time can change everything.

Summarize

• Most people regard risk assessment as an important factor in the stock market. I personally believe that time cost is the biggest success parameter of investment.
• Compound interest is a weapon, but patience is the fundamental driving force behind compound interest
• Only when you have enough funds can you be brave when the time comes
• There is no shortcut to financial freedom . Speculators listen to famous brands indiscriminately, or borrow and use leverage to get rich. Only a few strengths will suffer big losses.