00477 July 27, 2024

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Over the long run, the market only rises

Clubhouse: relaxed conversations about investing, CLEC Investment and Financial Management Channel, July 27, 2024

Market volatility has nothing to do with me!

• Market volatility has nothing to do with me!

• International affairs have nothing to do with me!

• Market analysis has nothing to do with me!

• Financial statements have nothing to do with me!

• Economic conditions have nothing to do with me!

• None of it has anything to do with me!

• Ignore the noise and turbulence of the market!

Investing blindly without learning is dangerous

• Watch our videos and ask specific questions, including:

• The video number and the timestamp where the question came up.

• Asking questions after watching the video is the most effective way to learn.

CLEC has no discussion groups, and we have not authorized anyone to act on our behalf

• We cannot know the membership or purpose of any group, and such groups can easily be infiltrated by people with bad intentions.

The investments we mainly recommend are the Nasdaq 100 index fund QQQ and the corresponding local ETFs issued in each country

• Do not rely entirely on financial consultants, including Charles Schwab financial consultants. They can help with account opening, but we do not recommend fully adopting the ETFs or other financial products they suggest.

• Over the long term, the Nasdaq 100 index fund and the S&P 500 index fund have been among the best-performing investments. Outside of these, individual stocks, funds, and financial products usually do not help investment success and should be avoided.

We recommend investing 100% in a Nasdaq 100 index fund

• United States: We recommend buying QQQ, or QQQM for smaller accounts. Cash can be placed in money market fund SWVXX or short-term Treasury bill ETFs BIL and SGOV.

• Taiwan investors: We recommend Fubon NASDAQ 00662. Cash can be invested in CTBC U.S. Government 0-1 Year Bond ETF Fund (00864B.TW).

• China investors: We recommend 513100/513300/160213/159941/161130/159660.

• Hong Kong investors: You can choose HKD 3086, USD 9086, ETF 2834 (HKD), or 9834 (USD).

• Canada investors: We recommend converting to U.S. dollars and buying QQQ directly, or investing in Canadian-dollar products QQC.TO/ETF (HXQ.TO).

• Australia investors: We recommend buying NDQ.

• United Kingdom investors: We recommend the U.S.-dollar-denominated iShares VII Public Limited Company - iShares NASDAQ 100 UCITS ETF (CNDX.L). In Europe, we recommend EQQQ and CSPX.L.

• Brazil: The recently launched Nasdaq index fund is NASD11.

• Japan investors: You can choose 2568/1545/2631.

• Malaysia and Singapore investors: You can purchase U.S. QQQ through a Phillip Securities POEMS Cash Plus trading account.

• South Korea: The recommended QQQ ETFs are 368590.KS/133690.KS/367380.KS.

Since 2018, we have kept all videos on YouTube so everyone can learn investing in chronological order

• The videos reflect the market conditions and appropriate investment decisions at the time. As time changes, some strategies may no longer apply. They remain valuable learning resources.

• Viewers should interpret each video in the context of the market conditions at that time, and develop their own thinking and judgment.

• Our early investment recommendations included certain individual stocks and regular funds. Although they were good choices at the time, suitable investments must also account for personal risk tolerance and investment strategy.

Investors are always extremely optimistic!

Investors always face the sunshine!

The market will ultimately rise!

Investing requires patience!

Wealth is worth waiting for!

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The market will keep rising forever; it only rises and never falls

Except for winning the lottery or receiving an inheritance, as long as it is said to be "get rich quick", it is a scam if you are not ignorant. Otherwise, it’s a combination of both.

• Yi Hui

• I think of a saying that teachers often say, "Wealth is worth waiting for." The news advocates getting rich overnight and becoming famous overnight, but teachers always remind us to wait. I believe that in the process of accumulating wealth, only by constantly reflecting on the meaning of life can it become a happy journey.

• James :

• Except for winning the lottery or receiving an inheritance, as long as you say it is "get rich quick", it is a scam if you are not ignorant. Otherwise it’s a bit of both.

• The most beautiful life journey is to enjoy staged wealth and freedom.

• A single immediate market price purchase is definitely better than other batch purchases or other buying strategies, because the market will always rise in the long term. Get in early, start early, make profits early, and the expected value is better than other methods.

If we already hold the eternal, invincible Iron King Kong, why keep searching?

• We only need one eternity in life.

• If you want to invest in finding something to do, then do your own research, even if you are asked to find a few more, the results may be worse.

• The best results are and only have a certain eternity.

When you think about the wonderful future, you will be happy. If you put the money in the market as soon as possible, you will start working hard. If the money is not put in the market, the money will still be sleeping.

• If you have money, buy at the market price immediately and never sell. This is the highest guiding principle of investment. It is also the easiest way to invest, with joy and no burden.

• When you think about the wonderful future, you will be happy. If you put your money in the market as soon as possible, you will start working hard. If the money is not put in the market, you will still be sleeping.

Wow! You have realized a great truth! Investing is a loser’s game

• hui Lin

• I found that the investment philosophy is very similar to that in Sun Tzu's Art of War. Instead of seeking victory in every battle, what I seek is to win every battle without danger. As long as you don't lose, you will win.

• James :

• Wow! You have realized a great truth! Investing is a loser's game.

• A general winner's game is that you either win or lose, that is, a confrontation or competition between professional athletes or professionals. If you don't win, you will definitely lose.

• Investment is a loser's game. As long as you don't lose, you will win. This concept is very important. Therefore, investment is not about winning or winning, but about not losing or losing. As long as you live, you will win, win, and be rich.

1. What can you do? (If you can do it, work hard!)

• In life, you must first distinguish the following things:

• 1. What can you do? (If you can do it, work hard!)
• 2. What can’t be done? (If you can’t do it, don’t do it!)
• 3. It’s useless to do anything! (Don’t think about it if it’s useless!)
• 4. What is important but not urgent.
• 5. What's the matter? Urgent but not important!

Bro YaY

• Kostolany’s famous saying is circulated: People with a lot of money can speculate; people with a small amount of money should not speculate;

People without money must speculate. It is often used as a reason to be willing to take high risks, but I am curious how Kostolany would define people with a small amount of money and people with no money? Will many people make wrong decisions because they think they have no money?

People without money refer to thieves and robbers who rob

• This is what he calls speculation with only a small amount of money.

• Everyone is confused, thinking that once a book is published, it becomes credible.

• It’s as if everyone thinks that what the government says must be correct, what the financial industry says must not lie to us, what is written in books must be correct, and what is seen in the news and on TV is correct. In fact, it is just the opposite. Most of these are wrong and very wrong.

• The only thing you can believe in the world is that you have really falsified it yourself. You can only accept it if you can't find any mistakes. You can only believe it after your own experiments.

CLEC Investment and Financial Management Education Academy 00451, "2024" First Investment Class: An Investment Life Lecture Worth 100 Million Yuan, December 29, 2023, CLEC Investment and Financial Management Channel https://youtu.be/4FMjmyBpTzw

It is wonderful and joyful when the market rises every day

We have a pinned comment in the YouTube comments area where you can download handouts and find other related links.

• Or email me:

• [email protected]

• [email protected]