【Reading Experience】Easy Learning Series on Saving Stocks - Patience is the greatest wisdom

In recent years, it has become obvious to save stocks. Compared with the previous years when everyone wanted to make quick money, it seems that today's investors are more patient, but in the final analysis, no matter what method, human nature is still chasing the same thing. It's just that the way of expressing it is different.

Spread betting is about maximizing short-term returns, and the titles of books that teach short-term trading would be "XXX teaches you to read the line chart and earn 50% annually" , and the more common titles of books on the teaching of stocks are "Save a good stock, let you receive XXX million a year" , the title under the publisher is nothing more than taking advantage of human greed or human laziness, such as the use of the Easy Learning series "easy" Two words, however, nothing is easy, as the saying goes: "You have to work really hard to look effortless."

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What is easy to learn by depositing shares?

To change a behavior, you must first change your concept. The easy way to learn from stocks starts from the concept and tells you why it is better to keep stocks than to go in and out. One of the views I think I agree with is a fact, that is:

Profits from short-term spread trading come from the losses of others

No matter what kind of money you make, salary, selling physical goods, doing services, or buying and selling stocks to make a spread, the most important thing to think about is that "Whose money are you earning" .

What you earn from your salary is the boss’s money, when you take a case, you earn the owner’s money, and what you earn from selling physical goods is the consumer’s money. What about buying and selling stocks to earn the price difference? That's right, you're making money from another person who wants to buy and sell stocks for the same spread as you.

Do you want to give your money to someone else? If you don't want to, then why would someone give you money to use? Do you think you're superior? Short-term trading is like sitting at a gambling table to gamble money. What you win is someone else’s loss, and then the dealer has to draw a hand. After a long time, it does not increase the overall social value. It is just that everyone’s money is exchanged.

This matter has been mentioned many times in previous articles, because this concept is too important, so I have to mention it every time. Human society will progress not because of stealing money from each other. You will not change because of you when you go to the casino world, right? At most, it's just to kill some boring time.

The small profit is not big, the big profit is not small

It sounds like a twist, right, but this is what I have forgotten after reading the three books in the series of easy to learn stocks. The point of this sentence is only one: "The size of the principal is the key" .

This is why I wrote an article before: [Investment and Financial Management] If you want freedom of wealth, you should work hard, because it is difficult to save money because the salary is low, and it is difficult to save money. The principal will be very small, and the principal will be very small. Very small give you 100% annualized rate of return, not much money, maybe the salary is more.

For example, if the principal is 200,000 yuan, the annualized rate of return is 100%, the profit is 200,000 yuan, and the annual salary of 30,000 yuan is 360,000 yuan. With a full-time investment of 200,000 yuan, it is more likely to survive with a 10-fold rate of return. It's been 10 times over the years, and it's faster to dream.

So in general, you have to increase your own income first. In our construction industry, there are construction site directors, quality control, occupational safety, and technicians who can take exams, and can also run side jobs, such as selling small things and writing blogs. , or investing in a claw machine might work too.

But don't be confused about who is the main business and who is the side business. We used to have a colleague who only worked from 8:00 to 9:00 and 4:00 to 5:00 in the afternoon, and spent other hours working on his claw machine. It is conceivable that he was fired in the end, and the salary of the boss must be worthy of the boss first.

Therefore, if the work is to be done, and there is no money, you can read the book first. It is like doing a project with preliminary planning and design. Reading a book is a bit similar to the planning and design stage. Actually putting money into the market is the construction stage, and receiving dividends is like the operation stage. are the same.

What can be changed after reading it?

To change your behavior, you must first change your concept. These three series of books have many concepts, but a book can use 5% to change your concept and behavior, and it is already worth the price of the ticket. Here are three that I think are very useful. example of:

1 No longer looking at the disk every day

Whether it is a spread trading cycle such as Pang Chong, Next Day Chong, Weekly Chong or Month Chong, etc., you must always pay attention to the stock market. Pang Chong must be sitting in front of the computer and cannot leave. You have to watch the market for five hours, and the opportunity is in a few seconds. In between, it hurts the eyes and hurts the body.

The next day Chong, Zhou Chong, and Moon Chong must also pay attention to the market situation every day. The point is, you may feel restless. If you drop a few%, you will be in a bad mood for the whole day. When you stop loss every day, it is even more disturbing. Sometimes you learn to stop loss. On the contrary, I will feel that why I am stopping losses every day, and the depression in my heart can’t be passed, and it will be difficult to continue to improve.

But with the goal of receiving dividends, you can look at the cash flow, how much dividends you can receive this year, and how much passive income you can increase, instead of staring at how much today's rise and fall, your mood will be much more relaxed, and your focus will be different. , the mood will be different.

2 Accounting

Debt management should be done first when it comes to financial management, and money should be saved before saving shares. This is the starting point for any investment and financial management. If you spend all your money every month and don’t save half a cent, how can you have money to invest?

However, this is the same when doing spread trading. You must have a deposit before you can trade. The most fearful thing is to do nothing. If you can't even manage your own money, you will be lucky enough to grab someone else's money. , that's only for a while.

Because the most important concept of depositing shares is cash flow, and your own income is also the concept of cash flow. Knowing how much you inflow and outflow each month can be used to judge your financial situation. The same is true for companies. There are also expenses; individuals have income, and companies have income, and subtraction is the profit. Only when there is money can we invest, and when there is money, we buy. The reason is the same.

There are many billing apps that can be downloaded for mobile phones, and they are all very interesting. I recommend Billing City. Its analysis chart is very clear, and you can clearly know how much the monthly surplus is. The point is, it is very fun, and every note Just build a house to reduce your inertia.

• billing city - android
• Billing City - iOS

I used to read a concept called "Rich Dad, Poor Dad" or "Rich people think differently than you think" . "Pay yourself first" , I think that is a bit difficult. The easier way is to keep accounts for three or four months, and then look at those non-essential expenses, it will be easier to save money.

3 Anti-market

I am very surprised that one of the things that spread trading and depositors have the same goal is this anti-market. There is also a book on this concept called "anti-market" . It was written by JG teacher who was on spread trading before. In fact, it is Buffett's "When others are greedy, I am fearful; when others are fearful, I am greedy."

Spread traders use anti-market buys to earn the spread, and depositors use anti-market buys for higher yields. The reason is very similar, they are all for higher profits. What Zhuangzi said really makes sense. : "My way is consistent" , even investment transactions are like this.

Therefore, depositing shares is not asking you to buy every month, but at the right time. As for the evaluation methods, there are many different methods, and everyone wants to use different methods. I will not introduce them further.

Do you want to spend a lot of time making that little bit of money now, or spend less time now and make a lot of money later?

Finally, ask the questions above you who are in and out of the stock market, there is no right or wrong, it is a personal choice.

We who just came out of the society have no capital, and we can’t make much money every day. Besides, time is an opportunity cost. If you spend too much time in the stock market without success, it will hinder your own development. When Buffett is choosing a company There is a principle called: "Focus on the business" , the same is true for individuals, it is difficult to achieve professionalism with multitasking.

Working hard and constantly increasing your income, the increased income is used as passive income. It is not an instant thing, but it will add up. We do not want old age to have to rush for life, or to live a poor life, to create passive income. is something we all have to do.

Epilogue

I put the books of the Easy Learning series on depositing shares in the link below. Although blog is the platform I am more used to buying books, momo sometimes has a lot cheaper price, so I put all the links below. If you are interested, you can take a look. .

• Blog come: learn how to save shares easily
• Blog to: Easy to learn how to save shares 2
• Blog Coming: The Psychology of Savings to Win
• momo: 3 books in the easy learning series of depositing shares