[Wealth is a gift, happiness is a human right. 】
[Wealth is a gift, happiness is a human right. 】 - Date of writing: July 23, 2018 I use my experience as someone who retired early for your reference! This is my personal verification that Buffett's suggestion of investing only in U.S. index funds is still the easiest to implement and the success rate is guaranteed. There are hundreds of ways to invest. Investing in US index funds is a proven and successful way. You can have different investment methods (if they have been proven successful for 20 or 30 years.) Buying the US Index
[Wealth is a gift, happiness is a human right. ] - Date of writing: July 23, 2018
My experience as someone who retired early is for your reference! This is my personal verification that Buffett's suggestion of investing only in U.S. index funds is still the easiest to implement and the success rate is guaranteed.
There are hundreds of ways to invest. Investing in US index funds is a proven and successful way. You can have different investment methods (if they have been proven successful for 20 or 30 years.)
Buy U.S. Index [ETF] SPY, QQQ (You can also buy Franklin High-tech Fund, Franklin Growth Fund. You have to buy the right fund, so I only recommend index funds. These two party funds are very stable in the long term and are the first choice for Taiwanese investors. I have nothing to do with the fund company, I am just one of the long-term investors)
Hold for the long term and never sell! You will be rich if you do this!
When you retire in the future, if you need money, sell as much as you need. If you don’t need the money, don’t sell! No more operations required.
A young man who invests NT$6,000 every month and regularly buys the above Franklin Growth Fund or Franklin High-tech Fund for forty years will have NT$30 million. If he deducts NT$12,000 every month, he will have NT$60 million when he retires. If he invests NT$20,000 every month, he will have hundreds of millions when he retires. No need to know too much or do anything to become a rich man!
Investing is simple, buy the index and never sell, you will be rich!
Retirement expenses and investment cash flow determine how much money you need to retire.
General recommendation Annual expenses X 25 (times)
For example, if the monthly expenses are 50,000 yuan, the annual expenses will be 600,000 yuan.
Six hundred thousand times 25 = $15 million
So prepare $1500 to invest in the US index SPY, QQQ
With annualized compensation of 10%, you can earn $1.2 million a year.
If you spend $600,000, the principal will keep accumulating, and you won’t be able to spend it all in a lifetime or from generation to generation. [Wealth] means [money] can never be spent.
Search CLEC Club on YouTube or
The following is a reference for investment and financial management education YouTube
https://www.youtube.com/channel/UCdWAon5jrsET9PcJ-nS-b6Q
First class: (modified on 2022/02/23)
[https://youtu.be/1NiMKw_hHGg](https://l.facebook.com/l.php?
u=https%3A%2F%2Fyoutu.be%2F1NiMKw_hHGg%3Ffbclid%3DIwZXh0bgNhZW0CMTAAYnJpZBExQTlTY1JUekpiV3BPR2lQUnNydGMGYXBwX2lkEDIyMjAzOTE3ODgyMDA4OTIAAR7Jw3evJGjvQaI1Z_IDGzP8pZjNVJ5xapUYx1kX0JALEQVCF_rt1EXS3s18EA_aem_Q3Bx7Dqq_lZ37re8TQ1_cQ&h=AT1lz6ts5jh9EZhZ8cVFx056wQebuPLWmlJAzU6ruPufaMvqNe59NxvzTAsldnKfxZlp2YZBZHoakbcWLo9qd7RHIy7FkOXfe-nn9C7BRBGEza0YZBYGXftwPbkMCVDhZMmnNVeDPZ19xu3R&tn=-UK-R&c%5b0%5d=AT02YqAIeB7E4MmyDat6z6VKoYkAlgzQMVcIBaIPfUvwS2ftslWrKstM2KLD86SyacM08YPmaKGrjViFvF49WnuEfjCvVVrJJRtOnh357SoO4vf5QkLVvE--OGJsdeV4fDv_Bnln79rv66gXjfVqCehlM07oEyceSLWm4XTlnkrx9v9KkwXPnN0jNzYA8h0)
The most indispensable thing in the world is statements that scare investors to death, making them feel stupid and as if they have to listen to professionals to make money. Buffett has proven this wrong.
In the investment world, those who drive a Mercedes take investment advice from those who take the bus.
In the end, those who drive a Mercedes can only take the bus, and those who take the bus switch to a Mercedes.
Investment Rule No. 1: Don’t listen to the advice of experts and people who collect your money. Because he lives on your money and cannot support himself through his own investments, he believes that their advice can help you make money.
Buffett recommends that ordinary investors only buy the index and never operate it.
But investors don't like it, because everyone buys but doesn't operate. Investors can only drink from the northwest wind and always take the bus.
So investors should take advice from successful investors who are already successful in the market and don't charge you a fee. (Buffett is a successful investor and does not charge you handling fees. He recommends only buying index funds.) Instead of listening to the advice of some science colleges or teachers who have to make a living by charging you handling fees and membership fees.
[Wealth is a gift, happiness is a human right. 】
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