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[Student question and letter dated May 19, 2023] James replied: Hello, let me first assume that you are a U.S. tax resident and live in the United States. The following is my reply: Letter from a student: Thank you for your patient guidance to so many students. I have the following questions and would like to ask you all: In the past two years, I bought most of my funds on QQQ. The US stock holdings are: QQQ 80% (many bought at high levels, just made a profit of 6%) Apple 7% (profit of 40%)

Thank you for your guidance. I was thinking that the annual stock-bond rebalancing in books and so-called financial internet celebrities is also a timing operation. The problem is that the short-term market cannot be accurately predicted! What's more, the liabilities of the United States and the borrowings of American companies are not used to develop the economy, so why not invest in American companies that are struggling for the economy? It is also wrong to invest in other countries. Many companies in leading emerging countries are no longer making money? Will it still grow in the long term? Will the Internet bubble of 2000 happen again in the future? The question is if the layout is long-term

I don’t recommend starting a business again. If you want to start a business, don’t leave your job. Unless you want to create something that does not exist on earth today and want to provide the greatest welfare to mankind, such a business only makes sense. I often say that if you want to open a coffee shop, I will ask you, "What is the purpose of your coffee shop?" If you open a coffee shop that is very successful, do you want to become a company like Starbucks? If so, then you should invest your money in Starbucks. Human beings in the world do not need two companies with the same success.

James’ Origin and Today】Chapter 82 - [Sharing Relatives LINE Scams and Playing Futures] (11/14/2023) Hello James: Since I listened to your concept, I quickly decided to invest in 00662. My child is currently over three years old, and he also invested all his money in 00662. I also shared this concept with my mother, but I thought she was unlikely to listen to me, so I simply mentioned it to her and then sent her the video link.

"Hi James, thank you for your reply. \"That is assuming that you happened to buy at the highest point in 2007. If you buy at the lowest point in 2009, the annualized return can reach 20%. The annualized return depends on your fate! Investors in 2007, the end of 2021 and the beginning of 2022 are a little worse. Those who start investing at the end of 2009 and now will have a better life. One fate, two luck, and three themselves." This sentence is really well written, do you think 2023

The US dollar has become the world's reserve currency because of its historical background, but it is also backed by its actual economic strength. Why do other countries need to hold U.S. dollars, or why does one country need to hold another country's currency? The main reason is that you have trade relations with this country. But assuming you have trade with 100 countries, you don't want to hold the currencies of so many countries. That is very difficult to manage, so you may concentrate on the currencies of only a few of your main trading countries. But there is