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Small Group Meeting Q&A (8). Written on August 26, 2018. Question eight: Are Apple Pay, Square, and PayPal competing with one another? These three mobile payment businesses are completely different.

Small Group Meeting Q&A (7). Written on August 25, 2018. Question seven: Why have stocks fluctuated so sharply over the past six months? Is there a special reason, or is it the U.S.-China trade issue?

Small Group Meeting Q&A (6). Written on August 24, 2018. Question six: Teacher, we had a very bad investment experience in the past. In 2000, we bought Cisco and still have not recovered our cost.

The Seven Stages of Investing. Written on August 23, 2018. Investing has seven stages: hearing about it, knowing it, understanding it, believing it, executing it, enduring it, and finally reaching conviction.

Small Group Meeting Discussion Question (5). Written on August 22, 2018. Question five: How can we know in advance that a bubble is about to happen? We have said that we do not guarantee we can identify a bubble, nor do we guarantee that we can safely leave the market during one.

[Group meeting discussion questions (2-4)] Writing date: August 21, 2018 Question 2, [Can I still buy now?] Teacher, your buying price is relatively low, and our current buying price is higher than you. If the market falls, you will not lose money, but we will lose money? Answer: The market is always at a high point. When I bought it several years ago, it was always at the high point. It is no different from the current situation. Just like the current market is still at a high point looking back, but