00497 [A Basket of Fresh Fruit Is Better Than Picking Short-Term Trades From a Rotten Basket. Why You Need to Completely Update Your Investing Mindset and Take Control of Your Financial Future] January 4, 2025 CLEC Investment and Personal Finance Channel

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• Next presentation: 00498 [Asset Allocation and Pledge Strategies: Wealth Management on Autopilot] January 11, 2025 CLEC Investment and Personal Finance Channel

Document Text

The market only goes up over the long run

Clubhouse casual investing chat, CLEC Investment and Personal Finance Channel January 4, 2025

Market volatility has nothing to do with me!

• Market volatility has nothing to do with me!

• The international situation has nothing to do with me!

• Market analysis has nothing to do with me!

• Financial statements have nothing to do with me!

• The economic situation has nothing to do with me!

• Market volatility has nothing to do with me!

• Ignore market noise and volatility!

Investing blindly without learning is dangerous

• Watch our videos and ask specific questions, including:

• The video number and the timestamp where the question appears.

• 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 do anything

• We cannot know the membership or purpose of any group, and such groups are easily infiltrated by bad actors.

Our recommended investments are mainly the Nasdaq-100 index fund QQQ and corresponding local ETFs issued in each country

• Do not blindly trust financial advisers, including Charles Schwab financial consultants. They can help open accounts, but we do not recommend fully accepting the ETFs or other financial products they propose.

• Over the long run, the Nasdaq-100 index fund and the S&P 500 index fund have been the best-performing investments. Individual stocks, other funds, and wealth-management products usually do not help investment success and should be avoided.

We recommend investing 100% in the Nasdaq-100 index fund

• In the U.S.: buy QQQ, or QQQM when capital is limited. Cash can be invested in money market fund SWVXX or short-term Treasury bill ETFs BIL and SGOV.

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

• Chinese investors: 513100/513300/160213/159941/161130/159660.

• Hong Kong investors: available in HKD 3086, USD 9086, ETF 2834 (HKD)/9834 (USD).

• Canadian investors: It is recommended to buy QQQ directly in USD or invest in CAD at QQC.TO/ETF (HXQ.TO).

• Australian Investors: NDQ is recommended.

• UK Investors: iShares VII Public Limited Company - iShares Nasdaq 100 UCITS ETF (CNDX.L) USD recommended; EQQQ, CSPX.L recommended for Europe.

• Brazil: The recently launched Nasdaq Index Fund is NASD11.

• Japanese investors: 2568/1545/2631 available.

• Citizens of Malaysia and Singapore: US QQQ can be purchased through Phillip Securities' poems cash plus trading account.

• Korea: The recommended QQQ ETF is 368590. KS/133690. KS/367380. KS.

• https://docs.google.com/file/d/1RMnRsR82hQGj9T7dTZqs5A9q_p4lmbwa/edit?usp=docslist_api&filetype=msword

Since 2018, we have kept all videos on YouTube for you to invest in chronological learning

• The video content reflects the market conditions at the time and the correct investment decisions, but over time, some strategies may no longer apply, these are valuable learning resources.

• Viewers should consider the content of the video in light of the prevailing market conditions and develop their own thinking and judgment.

• Our early investment advice included certain stocks and general funds, which were good investment options at the time, but suitable investment targets also need to consider individual risk tolerance and investment strategies.

Investors are always extremely optimistic!

Investors always welcome the sunshine!

The market is finally going to go up!

Investing takes patience!

Wealth is worth waiting for!

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The market keeps rising forever; it only goes up, not down

Thank you for your information. This is important for friends who live in New Zealand

• Here in New Zealand, if you buy foreign stocks, even if you have always held them, you need an accountant to do the accounting every year, and you need to pay taxes on the increase. I am subject to 33-39% tax on my earnings. However, if you can buy New Zealand stocks and hold them for a long time without trading, you do not need to worry about paying taxes.

So we ended up with shares in a local New Zealand smart company, which primarily tracks shares in Vanguard. I think I am starting to invest now, a little late, but I have just seen the video of the teacher. I have accepted this investment method, and I think it is very suitable for me, and it is feasible, but the proceeds should be my children. They can use my snowball to go to the bank to borrow money in 20 years to live. It's just that the stock has just started and there are too few options in New Zealand, so I want to check with the teacher again. Thank you for your time. Thank you

• teacher replies:

• Thank you for your information. This is important for friends who live in New Zealand.

• I looked at the performance of this fund and it was really good.

• I will also introduce friends who live in New Zealand.

• If you have information that you can pledge in New Zealand, you can provide it to us.

• Smart US Large Growth ETF (USG.NZ) Stock Price, News, Quote & History - Yahoo Finance

• https://finance.yahoo.com/quote/USG.NZ/

00497 [Having a basket of fresh fruit is better than picking out four short-term deals in a rotten fruit basket and stinking yourself. The need to completely update the investment concept and control the financial future] January 4, 2025 CLEC Investment and Personal Finance Channel

We encourage you to consume, but remember I encourage spiritual consumption

• What is spiritual consumption? Time leaves nothing behind but memories, and that is relative spiritual consumption.

• If you had to wait 40 minutes for a bus to get to your destination and you could get there in 10 minutes by taxi, which of the two would you choose?

• In fact, this is inconclusive, completely determined by your heart, you feel comfortable and happy, and no anxiety is the best choice.

• The core idea of subtractive living

• Reduce material dependence: Don't pursue excessive material satisfaction and avoid buying meaningless or excessive goods to prevent being kidnapped by consumer culture.

• Focus on essential needs: Focus on the basic needs of life, such as a healthy diet, comfortable living environment and high-quality interpersonal relationships, rather than luxurious material enjoyment.

"Less is more", you should evaluate the actual use and value of items when shopping, avoid impulse shopping or following the trend of consumption

• Observations and countermeasures on consumption issues

• Reflect on consumption habits:

• Many people in modern society suffer from unnecessary economic stress and psychological anxiety as a result of overconsumption. For example, buying expensive electronics or over-decorating a home space may not actually bring you true happiness.

• Avoiding the “overconsumption trap”:

• "Less is more", you should evaluate the actual use and value of items when shopping, avoid impulse shopping or following the trend of consumption.

• Benefits of Subtractive Living

• Young people's economic freedom: By reducing unnecessary consumer spending, you can accumulate more wealth and increase financial flexibility and stability.

• Mental relaxation: The fewer items you have, the simpler your life will be, reducing stress and anxiety caused by clutter. Don't turn your home into a warehouse.

• Focus on what matters: Subtractive living allows people to focus more on what really matters, such as health, relationships, hobbies, and more.

• Through the practice of subtractive living, we can face the consumer culture more rationally, find our own life balance point, and prepare for the stability and happiness of life after retirement.(Anyone, things, things, first determine whether it is okay to not.rather than wanting to.)

• The need for connection in our lives, the connection of relationships in a dark universe is a light, what a precious experience and joy it is to learn life through parenting. God has given us this ability. It is a rare experience and right to learn to experience such a learning process of raising children. If you can, try not to give up.

• sees your reply.

• You respond by saying, "So if you want my advice, sell (sell at market price) all your shares to buy 00662."This means that regardless of whether I have been locked up in the Taiwan stock market for more than NT $180,000, all 20 zero shares, including TSMC, MediaTek, Quanta, Xinying Materials, Honghai, Liji Power, Huatong, Asus, Yongde, Yaguang, CITIC Gold, Huacheng, Yunbao Energy and Fubon Future Vehicles, Yuanta 20-year US Treasury Bonds, 0050, 0056, 006208, etc. ETFs and Formosa shares (after buying two 86 yuan, they began to fall to more than 40 yuan)? This is the first time in my life I've lost so much hard-earned money!

• Please confirm with me that I understand your text suggestion is to sell at the current market price of the Taiwan stock market no matter how much you earn and how much you lose, and then wait for the money to be deposited into the account before buying the 00662 index fund at the market price, right?

Mutual Funds: SWPPX 1 share

• I only started buying on the US stock market in the last few months: AMD, NVDA, TSM, OKLO, KO, VST, Wolf.

• ETF: GLD,SPY, SPYD, NLR, VTI, VT.

• Mutual Funds: SWPPX 1 share

• The largest number of shares is 9 shares, the lowest is 1 share. I am short of funds and dare not buy more. Just try one share to see if there is any rally... Do you mean that all the stocks, funds and mutual funds that the US stock market has just bought in the past few months should be sold at the market price?(All stocks were up almost all yesterday, down almost all today... only a few I bought were up.)Wait to place an order after entering the account and buy QQQ at the market price (Is it too high to enter the market to buy its share price now?)

• When you have a basket of fruit that has mostly rotted, and some of it has stinking water, even if there are a few good ones in it, but you are completely ignorant, that one is good, the result is that an apple keeps this basket of rotten fruit and continues to stink, or do you want the basket to be completely emptied at once and replaced with a basket of fruit that is completely new and never spoils?

• When you take the elevator, the elevator you took actually broke, what will you do? Will you stay in that elevator and wait for the elevator to get better, or will you replace it with another elevator that is sure to be good?

• You don't buy American stocks, you don't have the ability to invest in individual stocks, and the stocks you buy will stink no matter how good they are. You can't tell what fruit is good or bad. Of course, you can buy rotten apples, stinky fruit, or food that is about to expire at the fruit stand, so don't buy another stock.

Acknowledge your ignorance and be wise.

• When you are in Taiwan, you directly invest in 00662. Even if you invest in stocks in Taiwan, you have lost a lot of money. You have also crossed the ocean to come to the United States, which is beyond your control.

• You have two ways, one is to sell all the investment back to NTD 00662, holding it for 10 years and 20 years for a long time. If you can't do it, then you should sell all the stock assets immediately without leaving one share, and put it in your time deposit. Leave the market forever, or you'll end up in bankruptcy.

So your investment asset is Beta 1.2. Equivalent to you borrowing 2.2 million NT dollars to invest

• You do not need to borrow in Taiwan, you should increase the Roth IRA investment QLD by Beta 1.2 This is also equivalent to borrowing money.

• So your investment asset is Beta 1.2. Equivalent to you borrowing NT $2.2 million in investment.

• Beta 1.2 an asset before considering a credit or mortgage. Do it first, free of charge.

• Many opportunists don't read books, don't watch our channel videos, don't learn, just want a quick solution, just want me to give an answer directly, fast food solutions, this is the most dangerous, but also the most opportunistic, and most dangerous attitude to life.

This $5 million house can rise at most to $100 million

• The best district in the Bay Area, if you sell a $5 million house now, the investment will turn into a billion over 40 years. And four decades of home taxes, repairs, and more.

• renting the same house for 40 years, borrowing money to rent such a house with an interest of 5%, a monthly rent of $15 million, and owes 22 million including interest for 40 years.

• These five million homes have risen by up to $100 million.

• Forty years later, you have one billion, not only can you buy back 100 million new houses, but you can also repay 22 million of the rent for 40 years, leaving 878 million.

CLEC Institute of Investment and Financial Education 00451 "Year 2024" Investment First Course: $100 Million Investment Life Lecture December 29, 2023 CLEC Investment and Financial Education Channel https://youtu.be/4FMjmyBpTzw

It is wonderful and joyful when the market rises every day

We have pinned comments in the YouTube comments area, where you can download handouts and other relevant link information

• or email me

• [email protected]

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