When the stock market and the currency market are falling and falling

The first purpose of the statement, the following does not constitute any investment advice, purely to talk about my failure experience and ideas.

Money x Time = Financial Freedom?

Whether it is the stock market or the currency market, there must be ups and downs, and it is impossible to go up forever. Well, I can't say that it can't go down forever, because I really can't figure out the prospects of the currency market, but the stock market, I still believe that it will rise and fall along the economic cycle.

In the early years, the U.S. stock market kept rising and rising. In fact, I was more and more shocked. How could it not be adjusted? In this way, it will rise all the way, and eventually it will inevitably fall. The higher it rises, the more painful it will be to fall.

Although there were such concerns at the time, the investors still invested and were very happy to see the rising market.

My company's pension can choose three investment directions, one is stocks, the other is bonds, and the other is cash savings.

I have been an enterprising investor from the very beginning, so my initial option was 100% stocks. From the beginning to the present, 100% of the stocks have been bought together. The losses were terrible in the first few years. I have no regrets, and continue to contribute. (The company deducted 10% of my salary every month.) Later, because the performance of this fund company was too poor, I switched to another fund company. After that, I opened the money and stopped losing money. As the US stock market rose for many years, I The pension has also risen a lot.

Two or three years ago, a friend said that the U.S. stock market was about to fall (as Wen Chu said, because the U.S. stock market has risen for many years, everyone is waiting for adjustment), so I was hesitant to convert all retirement funds into cash savings. But I was too lazy to change, so I just let it go. After that, the U.S. stock market still rose rapidly, and I was glad that I did not change at that time.

I am so aggressive because I believe that after the stock market goes up and down, it will eventually break (this is the point I remember most when I was studying economics in high school), even if the time to break the top may be ten years. I made such an aggressive choice because I think I have time. Even if it falls now, it will always rise after retirement in 20 years.

In fact, what we use for investment is not only money, but also time.

money x time = financial freedom

Is this equation really correct?

The higher the pension value, the less time it takes to achieve financial freedom, so when the value keeps falling, time can only be used to hedge. However, whether money or time = 0, financial freedom is an illusion.

Countermeasures for falling and falling

As a result, this year has really ushered in a major adjustment in US stocks. Of course, my investment in Hong Kong stocks has not improved much earlier.

On the one hand, I feel emotional when assets and pensions plummet, but on the other hand, I feel relieved that the U.S. stock market has finally adjusted.

It finally happened, so you don't have to worry about when it will happen, because it's happening now.

When the stock market started to fall, in fact, apart from continuing the monthly payment of stocks and funds, I seldom traded odd stocks, but occasionally I was attracted by very attractive stock prices and bought some odd stocks, and then I experienced something over and over again. It's not low at all, so it's better not to act rashly.

The currency market has also been bottoming out. Although I am not a real investor in the currency market, most of the assets I own are likecoins. I still feel heartache when I see likecoins and other virtual currencies falling continuously. This was originally thought to be the bottom, but it dropped again after a while, and I saw an increase by chance.

What can I do at this time?

I did nothing in the currency market, I continued to write articles to earn likecoin, but how much I earned could not offset the price difference. It is indeed a bit embarrassing, but I do not want to change my actions because of the currency price. In the long run, I am still optimistic about the development of likecoin. .

Although I repeat, I really can't see the future of the currency market, after all, it is not as old as the stock market to see the trajectory.

As for the stock market, of course, you can choose to liquidate stocks and hold cash to wait for a turnaround, because you don't know where it is.

However, I still silently continue to use the monthly payment method to absorb stocks and funds at a low price. When the price is low, the same capital can buy more stocks/funds, and then wait for the stock market to resume its upward trajectory. As for how long it will take, I don’t know. I guess it will continue to look for the bottom in the next few months.

I only started the monthly fund contribution in the second half of last year. Because I bought at a high level at that time, I started to lose money this year. My strategy is to increase the investment amount when I have the spare capacity, such as tax rebates, cash sharing, all of which are used. to buy funds to reduce costs.

Has this strategy been successful? Hee hee, since I started to think that I started buying at a low price, the fund keeps going down and down. The low price I thought last month is even lower this month, so I have always been buying expensive, so I don’t think so now. If you are in a hurry to suck low, just follow the original pace, don't overweight or back down.

I can only comfort myself like this, I will rise sooner or later, it doesn't matter if it is sooner or later. At the beginning, I made monthly stock and fund contributions because I wanted to use it as a living fund after retirement. With some dividends and fund interest sufficient to cover my living expenses, I achieved financial freedom.

Although it is said that the sooner the financial freedom, the better, but in fact, I have no dissatisfaction with my current life. I continue to work, continue to make money, continue to look forward to retirement, continue to invest, continue to save, continue to enjoy, continue to write, continue to publish, and continue to live a good life.

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