00572 [The Investor's Declaration of Financial Independence]

Related Materials

• Previous presentation: 00571 [The truth about financial freedom: early retirement does not come from pinching pennies. In the AI boom, you need a Han Xin troop-counting starter-capital strategy.]

Document Text

Thank you all so much for your efforts, so that CLEC's past can be brought back to life

• Thank you all so much for your efforts, so that CLEC's past can be brought back to life.

• I looked at the odysee channel Blaise built, https://odysee.com/@CLEC_Assets:f, and the content is very good. Keep uploading all our videos, and I also encourage everyone to back up or save our videos anywhere and upload them to every platform around the world — upload them everywhere. When the fruit is ripe it falls; let it bloom all over the ground!

• For the latest videos and news, go to X (Twitter) and our Facebook:

• X: https://x.com/CLEC168

• Follow our Facebook:

• https://www.facebook.com/share/12M44XNrAx5/?mibextid=wwXIfr

• Everyone is welcome to follow us on X and Facebook. I reply to comments on X and Facebook personally!

• Email directly: [email protected] — I reply to email myself.

• Everyone's efforts are truly moving!

Hello, teacher

• Hello, teacher:

• I have reached a stopping point on the CLEC handbook. It is now split into three versions.

• Please help promote this e-book. Thank you!

• Also, because the channel was removed, the content in the book may no longer match up, so

• and members of the 00662 community have provided backups of the old videos

• I am currently doing everything I can to upload the backup videos

• I'm not sure whether you would agree to me publishing the backup videos in other places. If you feel it is inappropriate, I will take them down.

This is the odysee video platform, a platform built on blockchain technology

• This is the odysee video platform, a platform built on blockchain technology.

• Most of the videos have already been uploaded; a few short ones remain.

• https://odysee.com/@CLEC_Assets:f

• odysee video platform — most of the videos have already been uploaded.

• https://odysee.com/@CLEC_Assets:f

Split into two folders, "Slide Handouts" and "Teaching Materials"

• Split into two folders, "Slide Handouts" and "Teaching Materials." Access is currently open for "View" and "Download" to members who have the link:

• https://u.pcloud.link/publink/show?code=kZMnsU5Z40xmWvQkcy5XmJsTEzSqs4VUmuPX

• This is a short URL that links to the same location.

• http://u.pc.cd/Mx3italK

• No registration needed; friends in mainland China can download normally too.

Archived files of the old videos

• All of our information is free.

• Although we do not claim copyright on CLEC's information and everyone is free to promote it — mainly as volunteer promotion — we do not want anyone using our information to charge money.

I know that in China, Old Chai (Eason) set up a paid group using our information

• I know that in China, Old Chai (Eason) set up a paid group using our information, and I have never been happy about it. There is no need for anyone to join.

• All of our information is free and can be downloaded from the website. If you have a question, email me directly and I will answer right away. There is really no need to pay!

Bilibili, Podcast, Ximalaya, odysee

• Bilibili, Podcast, Ximalaya, odysee https://odysee.com/@CLEC_Assets:f, and our pCloud cloud http://u.pc.cd/Mx3italK all have the latest information and that week's videos available to download.

• If we can provide more information to make it easy for everyone to access, or if there is any information you need, we will put it on pCloud for everyone to download — no need to pay!

Anyone interested in other platforms is free to upload our videos and let it bloom everywhere

• Anyone interested in other platforms is free to upload our videos and let it bloom everywhere:

• https://vimeo.com/

• https://www.tiktok.com/

• https://joinpeertube.org/

• https://www.twitch.tv/

• https://www.bitchute.com/

• https://odysee.com/

• https://nebula.tv/

• https://streamer.kick.com/

• https://d.tube/

• https://ads.rumble.com/l/creators

• https://www.vdocipher.com/blog/2021/02/top-12-online-video-platforms-like-youtube-2021/

Over the long term, the market only rises

Clubhouse, Easy Talk on Investing — CLEC Investment and Wealth Management Channel

July 4, 2026

X Channel, Video No. 00572

The money you can invest, buy at market immediately, and never sell to the death! Once you've bought, go to sleep

The money you can invest, buy at market immediately, and never sell to the death! Once you've bought, go to sleep.

Which word don't you understand? Stop asking whether it's OK to buy this way or whether to buy in batches.

And definitely don't say you want to wait to buy on a dip — you are not God!

Waiting is the dumbest strategy!

Any insurance policy: cancel and surrender it immediately, invest it yourself, and your assets will grow by four zeros over a lifetime

• Any insurance policy: cancel and surrender it immediately, invest it yourself, and your assets will grow by four zeros over a lifetime. You take back $100,000 and over a lifetime it becomes $1 billion! You yourself can grow into a billion or hundreds of billions — why let it rot at an insurance company?

• Stop asking about policy loans! Do not borrow against a policy — doing that makes the poor even poorer!

• No insurance, no insurance, no insurance! Stay away from insurance, and stay away from friends in the insurance business.

• If you have insurance, go straight to the nearest branch counter and surrender it immediately — no need to wrangle with your insurance agent!

You don't need to know much to invest — do not ask about the following

• Don't ask about individual stocks. And don't ask about other tickers I haven't mentioned.

• Don't ask when to buy. Don't ask when to sell.

• Don't ask when it will fall. Don't ask when it will rise.

• Don't ask if it will fall further. Don't ask how far it will fall.

• Don't ask if it will rise further. Don't ask how far it will rise.

• Investing is not about knowing more and more. When you have money, buy, and never sell to the death — that is the key point.

CLEC key documents, cloud data

• Split into two folders: "Slide Handouts" (because of download limits, only the document handouts are available, no weekly video downloads) and "Teaching Materials" (all teaching-related material). Access is currently open for "View" and "Download" to members who have the link:

• https://u.pcloud.link/publink/show?code=kZMnsU5Z40xmWvQkcy5XmJsTEzSqs4VUmuPX

• This is a short URL that links to the same location.

• http://u.pc.cd/Mx3italK

• No registration needed; friends in mainland China can download normally too.

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

• If you have a question, leave a comment on YouTube or email me!

• Now use only this one: [email protected] (do not use the other mailbox).

Posted by the CLEC Investment and Wealth Management Channel on X: "The Billion-Dollar Investment Seminar"

• Posted by the CLEC Investment and Wealth Management Channel on X: "The Billion-Dollar Investment Seminar"

• 00694, 2026 First Investment Lesson, "The Billion-Dollar Investment Seminar," Chapter 1, May 5, 2026

• https://x.com/CLEC168/status/2071329516484796535/video/1?s=66

• 00695, 2026 First Investment Lesson, "The Billion-Dollar Investment Seminar," Chapter 2, May 6, 2026

• https://x.com/CLEC168/status/2071585253316313318/video/1?s=66

• 00696, 2026 First Investment Lesson, "The Billion-Dollar Investment Seminar," Chapter 3, May 7, 2026

• https://x.com/CLEC168/status/2071585566735700473/video/1?s=66

Market swings have nothing to do with me!

• Market swings have 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! At ease.

• None of it has anything to do with me!

• Ignore the noise and swings of the market!

Investors are always extremely optimistic!

Investors always face the sunlight!

The market will ultimately rise!

Investing requires patience!

Wealth is worth waiting for!

The market keeps rising forever; it only rises and does not fall

This is a scam, everyone be careful. I will not contact you directly unless you come to me with a question. Remember, my correct ID on Clubhouse is @clecchairman

All of CLEC's information is free; we will never engage in any commercial activity

• All of CLEC's information is free; we will never engage in any commercial activity.

• Some friends are very enthusiastic and want to make cups, hats, and T-shirts printed with the CLEC name so the CLEC family can carry them and feel a sense of belonging. I completely understand everyone's good intentions — they are absolutely well-meaning!

• But having everyone pay money to buy such things is not really appropriate.

• Although it comes from good intentions, when this gets passed on to people who don't know the context, it makes it look like CLEC is doing business, and that is not good.

• Making a sticker for fun at a private gathering is fine, or a small group of 10 of you custom-ordering ten hats or T-shirts, not sold or traded publicly, is fine. But do not sell CLEC-related merchandise in a group or in public — it causes misunderstandings and puts people in the group in the awkward position of buying or not buying.

• Making your own logo stickers is fine; anything is fine as long as it's free!

• We at CLEC are very relaxed, but there is absolutely no commercial activity or so-called monetary transaction. The worst thing between friends is me selling you something and having a money relationship. Whatever the item is, between friends it should only be me giving it to you — not me selling it to you. Especially anything bearing the CLEC name or logo.

Revisit and restore the old CLEC spirit

• CLEC always stays in the market; it can surge at any time. When the market falls it will rise back; the market rises, and being out of the market is the real loss.

• CLEC Investment and Wealth Management Channel — Easy Talk on Investing

• CLEC: buy at the low point, always stay in the market, and it can surge at any time. Imagine flying first class and staying in five-star hotels, and you are already rich. Electric vehicles are a major trend. When the market falls it will rise back; when the market rises it will not fall back; being out of the market is the real loss. March 12, 2021, CLEC Investment and Wealth Management Education Academy

• Listen on Apple Podcasts: https://podcasts.apple.com/us/podcast/clec-%E6%8A%95%E8%B3%87%E7%90%86%E8%B2%A1%E9%A0%BB%E9%81%93-%E8%BC%95%E9%AC%86%E8%81%8A%E6%8A%95%E8%B3%87/id1559767732?l=zh-Hant-TW&i=1000514096769

• The show starts at the seven-minute mark!

Investing regularly in index funds beats most investments!

• Investing regularly in index funds beats most investments!

• Investing long-term in the Nasdaq-100 index fund brings certain and abundant profits; market swings have nothing to do with us; the process is vaguely correct!

• Invest in index funds — when you have money, buy, and never sell to the death — it's so simple it's hard to believe!

• Do not argue with people about investing; the truly wealthy are, after all, a minority!

Investors should imagine themselves with tens of billions in assets

• Investors should imagine themselves with tens of billions in assets, and that will naturally bring about your wealthy life! Thought, action, achievement!

• Market swings are a natural phenomenon in the first place, needing no reason. Anyone who can give you a reason is either ignorant or a liar! All analysis and maneuvering is useless!

• A falling market is not a loss; a rising market with you out of the market is the eternal loss!

Investing in the index only guarantees profit over the long term!

• Investing in the index only guarantees profit over the long term! Invest in index funds, do not buy a house, absolutely never short America, and be long America over the long term!

• QQQ beats SPY, the Dow, and other world indices over the long term!

• Because you are human, you have feelings about the market, and that is why you fail at investing.

• When you are not human and have no feeling about the market, that is when successful investing begins!

• For U.S. retirement accounts, only contribute to the ROTH account! (Friends who are strongly bullish on America must still contribute to a Roth retirement account.)

• Do not buy insurance, do not buy insurance, do not buy insurance.

Long ago we stopped recommending 00757, and we no longer recommend individual stocks

• Long ago we stopped recommending 00757, and we no longer recommend individual stocks, nor any fund!

• Optimistic investors who believe in the Nasdaq-100 index fund become wealthy.

• Waiting for the market to fall before buying usually means missing the big rallies!

• Do not trade, do not play the spread, or in the end you'll just be chasing highs and cutting lows!

• In the past, every buy was correct and every sell was wrong. Any sale is the beginning of a loss.

• People usually overestimate their own risk tolerance; only when the market falls do they realize they were far too confident!

• Over the long term, no analyst is any more accurate than a fortune-teller!

• Because we admit our own ignorance, all market information is garbage to us.

• Whether you succeed at investing has nothing to do with IQ and nothing to do with your degree — only with whether you believe in the Nasdaq-100 index fund!

The very first thing investing needs is: "You cannot be disturbed by the emotions of market swings."

• The very first thing investing needs is: "You cannot be disturbed by the emotions of market swings."

• The most correct first thing in investing is: "Invest in the Nasdaq-100 index."

• The most important first thing in investing is: "Han Xin counting his troops"!

Posted by the CLEC Investment and Wealth Management Channel on X: "The Billion-Dollar Investment Seminar" (rebroadcast)

• Posted by the CLEC Investment and Wealth Management Channel on X: "The Billion-Dollar Investment Seminar"

• 00694, 2026 First Investment Lesson, "The Billion-Dollar Investment Seminar," Chapter 1, May 5, 2026

• https://x.com/CLEC168/status/2071329516484796535/video/1?s=66

• 00695, 2026 First Investment Lesson, "The Billion-Dollar Investment Seminar," Chapter 2, May 6, 2026

• https://x.com/CLEC168/status/2071585253316313318/video/1?s=66

• 00696, 2026 First Investment Lesson, "The Billion-Dollar Investment Seminar," Chapter 3, May 7, 2026

• https://x.com/CLEC168/status/2071585566735700473/video/1?s=66

Teacher, I'm about to reach twenty times my annual expenses in savings. Can I use a 433 allocation?

• Hello, teacher.

• I'm about to reach twenty times my annual expenses in savings. Can I use a 433 allocation?

• Then each year I'd use 2% of pledged/borrowed money for living expenses. Can I raise the percentage each year — say to 4% or 6% pledged — as long as the cumulative total doesn't exceed 20% of total assets? Is that right? Can it be used flexibly? Thank you.

You can use a 433 asset allocation and pledge-borrow 2% each year — that's fine!

• You can use a 433 asset allocation and pledge-borrow 2% each year — that's fine!

• But you cannot arbitrarily raise the pledge-borrowing rate, or you will go bankrupt!

• Even if you stay under 20%, if the market falls 80% you still go bankrupt!

• You had better get familiar with our simulation backtesting software!

• Unless you have $50 million now, using 2% a year: 50,000,000 x 2% = $1,000,000 — you pledge-borrow $1 million a year.

• Five years later your assets become $100 million, and you need to redo your asset allocation. You've already pledge-borrowed $6 million, so your allocation should change to: first put 600 x 2 = $12 million in the cash position (00865B); 100,000,000 − 12,000,000 = $88 million into a 433 allocation. You can begin pledge-borrowing 2% of $100 million: 100,000,000 x 2% = $2 million a year. After your new asset growth and new asset allocation are re-laid-out, you can begin pledge-borrowing $2 million a year!

The market rises every single day — so wonderful, so happy

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

• If you have a question, leave a comment on YouTube or email me!

• Now use only this one: [email protected] (do not use the other mailbox).