00184 2021 First Investment Lesson: A 100 Million Yuan Investment Life Lecture, Second Half - What Money Is, the Dollar Disaster, Bubble Formation, Quantitative Easing, Why Stocks Are Still Cheap, and US Stock Investing Resources, January 9, 2021, CLEC Investment and Finance Channel (Chinese)

Related Materials

• Previous presentation: 00166 2020 First Investment Lesson: A 100 Million Yuan Investment Life Lecture You Must Not Miss, October 2, 2020, CLEC Investment and Finance Channel (Chinese)
• Next presentation: 00188 2021 First Investment Lesson: A 100 Million Yuan Investment Life Lecture, First Half - You Must Not Miss It, January 9, 2021, CLEC Investment and Finance Channel (Chinese)

Document Text

138 PERCENT two years, this is Nasdaq in the United States, this is the top ten high-tech investments in the United States, this fan

It’s not easy to get a loan in Taiwan, so if you don’t own a house, you won’t be able to get a loan, especially young people.

Then I will tell you, that is to say, you must start smart consumption, that is, some people buy things, for example, if you buy an iPhone, then Apple allows you to pay in installments temporarily, do you understand?

Then you use temporary installments.

Pay to buy.

Money, don't go out, the money will go out later. If you need to pay some interest, it is not very high at all. If you don't use that credit card to borrow money, the interest will be very high, so the interest is not high.

There are three remaining balances and five remaining balances. For example, if you buy a car, I know that if you buy a car with a 5-year loan or a 3-year loan, your interest rate may be 2.4.

If you reach a very long period of 7 or 8 years, you may need to reach 5 years.

Like me, I will use 5 itself.

7 years.

Because I can make more money.

Got it?

So you should be smart, that is, don’t use 0-interest loans when the money goes out first. If you need to pay some interest, just pay it.

Well, someone just said something and forgot about the question. He just went down and we went down.

Okay, I want to talk about one thing, that is, everyone in the world thinks that investors, that is, investors like us, are lazy and immoral.

Like.

That.

Soros is.

Financial giant.

None of that is correct.

Incorrect.

Being the first investor is a glorious life. You say I don’t think so, but you still think you are doing the same thing.

No, let me tell you that investors are very honorable, but without investors, the world will not work, especially in capitalism.

You know he has a steep job because of investors, and Bill Gates has a job because of investors.

Facebook and Google exist because of investors.

test.

Why do you know that when they started a business with little capital, of course they made a sample in the garage and then they needed capital to start expanding.

Then if his money and bullets didn’t come from our side, where did he come from?

from venture.

capital.

From venture capital, from this venture capital fund.

Come.

Why do those venture funds invest in them?

Because in the end it can be sold to us via IPO, if not.

us.

Then venture capital funds won’t invest. Do they understand what this means?

So we are the drivers of progress in the world, you know?

Do you understand?

No.

Our world will not progress, so we play a very important role, so some people think investment is gambling. No, we are promoting the progress of the world.

important.

role.

But you will definitely encounter it, just like us sometimes.

Encountered.

When I wanted to rent a venue, he said, "What do you do? We invested in it. No."

Don't borrow.

He thinks you should stop doing such cowardly and illegal things, right?

We wanted to build a library in the United States and said we could have a few reading clubs. He heard that we were talking about investment and stopped borrowing it. It’s not just called Taiwan.

He believes that investing is something that never sees the light of day, and that doesn't matter. That's why we are rich, because we are rich people.

It is.

A few, do you understand?

So we are very proud.

of.

OK.

Okay, I want to talk about a very important thing today, what is money?

What is money?

Do you know what money is?

Raise your hands.

Don’t know anything about you.

Thing?

Is there anyone studying EMBA here?

Or are you studying for an MBA?

Or in business school?

Yes.

What did your professor teach you?

Is it money?

No.

You see, there is no such thing. I can only teach you how to supply it.

demand.

Philips.

curve.

He told me about it.

Oh, okay, this is important.

This is the first lesson in capitalist finance.

If you don’t know money, then what money is the government printing?

What money is the United States printing?

Why can the United States print money?

What is money?

I don't think there's been a book like this from time immemorial, no book written about this, right?

Then why do I know you want yourself.

Think.

What's going on?

You can’t look at everything from the perspective of the market. All the perspectives on the market are wrong, do you understand?

You have to first criticize everything you know as wrong.

Then you have to prove it.

He is wrong.

When you can't prove him wrong, you prove him right.

So what is money?

I will.

Started to think about it.

Was there money in ancient times?

No, just one thing and one thing.

That thing is that I have one. Based on you having 5 bags of rice, the two of us exchange it.

For a moment.

Then the next thing is that you are hungry and want to eat rice, but your chicken is still very small and has not grown up yet, so I don’t want it either.

What to do?

Give me your 5 bags of rice first.

Okay, take a look, tie the rope, tie five ropes, make sure that rope is mine, I owe you.

What else is that?

I'll get a shell and draw a picture on it.

That’s it?

I am this, I write 5, this is me.

I owe you my fifth name.

Then this one.

shells.

What's there?

Is that what I guarantee?

Then the person who got this shell gave me five bags of rice, and suddenly wanted to eat corn, so why did he just take this to the person who got the corn, eh?

This means James owes me 5 bags of rice, so I'll trade you for 5 bags of corn.

He's just okay.

It's okay, James is quite trustworthy.

Then take this shell.

It’s just money, right?

It's money.

So when I was a kid, I used to read that textbook. Money used to have shells, so I said, why study?

I just go to the beach to pick up shells. Look at the teacher, he knows who he is.

I don’t know who it is, and I don’t know why.

That shell needs to be stamped, and the stamp will also bear responsibility.

So if you get this shell, you not only get it, but you also bear the risk. What should I do if I default on it?

So the first one wants this money and this shell.

No.

It’s not easy to counterfeit, so my signature is difficult for anyone to learn.

For the second time, I always grow shells and insist on using this kind of shells. If you use other shells, don’t use the same shells as me.

The third one is that you have to accept the fourth one, it is easy for the knees to turn, and it is easy to change.

Go, right?

OK.

Of course it's good to do this, even if it's in the same village.

But after you left the village, you took my shell.

Who recognizes it?

If no one recognizes it, then no, the money will only be regional, right?

So what did it become?

Then use gold, because gold is recognized by everyone, it is anonymous, and you cannot lose, otherwise you will not default on your debt and will be easily booed.

If it can be divided, can't it be dialed?

If you look at the previous situation, then some tax money will be allocated to you, right?

Taxes for you.

Okay, then this is where money comes from, it’s gold, that’s what money is like.

Hey, so far, do you know what money is?

Still don’t know?

Exchange people are good, money is.

IOU.

You can use this to give to others.

Want.

Ask others to return the shells to you. You can't return the shells you got from me. You don't have to ask me to return them, but you can ask others to return them to you.

His is the IOU, and that is James' IOU.

Then if my IOU is creditworthy to everyone, then it can be circulated.

Well, is that still an IOU?

flow to.

Where?

Flow to the mountains or the seaside?

Or an IOU?

That's not my name signed on it.

?

Right?

So money is an IOU. You can see the debit of Notes on the U.S. dollar. OK, no matter public or is something that must be on.

OK, you cannot refuse to accept U.S. dollars. It is illegal for you to refuse to accept U.S. dollars. Do you understand what this means?

Okay, so money is.

IOU.

Once you get this IOU, you can ask for your services or things.

So what does this IOU have to do with a bond?

Relationship?

Bonds because of 10 years, 5.

Years, 3 months, money is money.

How long is the period?

Change is a bond with a maturity date of.

Now.

Expired.

So you cash in now.

Understand this sentence, it is very reasonable and easy to understand, so money is a kind of IOU. That is because in the past, there was a reputation, and there was a reputation for checks. But now it is difficult to get one, right?

So it becomes saying no.

Register.

In the case of anonymity, it is necessary to be the first to avoid forgery and forgery.

Forgery.

The second one is that it is easy to convert, and the third one should be believed by everyone, right?

Everyone thinks that this money should not be easily counterfeited, and it’s not like someone needs to pay it back. It’s all out of love for Yaoran, so who has to pay it back after you get the US dollars?

Who will pay it back in the end?

Are your U.S. dollars an IOU?

If no one, no one is willing to return it, you take this.

What's the money for?

So someone will pay it back.

Who returns.

All over America.

residents, eventually.

No one in the world accepts U.S. dollars, but the United States must accept them. Do you understand?

But now it’s not needed, everyone is collecting it, so the United States doesn’t have to pay back this debt. Do you understand that you will help it?

Don't come, don't come to the United States to buy things. You can sneak around the world, so beauties are very happy, right?

If you don’t need the debt yet, you won’t come looking for it.

He wants it.

This is a place where no one is happy.

Okay, this is what money is like, do you understand?

Who is the IOU with money?

Money evolved slowly, that is, using gold. Gold is very heavy. It’s small, so it doesn’t matter. But when you go to Beijing to take the exam, it should be heavy, right?

There is also movie watching. In the past, when watching movies, I had to look forward to it, and I was robbed in the middle.

Finally they were like, hmm.

Then call it this.

For the tickets with the ticket number of the escort agency, if the gold is not shipped, the previous gold must be shipped, and then the bidding bureau said.

Wow.

I have to bear the risk, forget it, my bid bureau is in Xi'an, I have gold in Beijing, I have gold in Xi'an, and I also have gold in Beijing.

Well, just give me 20 taels of gold, and I will issue a ticket to you, and you can just create a ticket and get the silver when you arrive in Beijing, right?

That is the prototype of a bank. Do you understand the prototype of a bank?

That's it, that's what money is, so there's nothing special about money, it's just a bond, a record, a.

words.

It’s just a record, do you understand?

A record.

That's all, not that great.

Is it money if I sign an IOU?

If I sign an IOU to you, it is still money, but the money is not liquid, so it will just be lost, right?

Oh, then look at the points of the flying speed EVA, are they money?

He can change his ticket, can't he?

Then you say that he can only exchange for air tickets, that’s right, because he has poor liquidity, but it is the property of money, then you can transfer the points to others and ask them to give you money, then he can exchange for air tickets, no problem.

Oh, that’s it, so money comes in many forms, and gift certificates are also money. Anyway, this is the IOU, which is money. The one who owes money is money. Do you understand?

So when you pay a bill, give someone something or provide a service, does that mean you understand money?

Money matters are very reasonable and easy to understand.

Oh, like this, he is.

It's money.

Then many of you will find that if the United States keeps transporting money, will the United States collapse?

United States.

What will happen?

Whether the United States will succeed or not has nothing to do with whether it can print hard money.

today.

There is one.

royal palace.

He said, hey.

You guys.

Folks, how much does your thatched house cost?

That's not much, let's say 1,000, okay, your houses are all 1,000.

The thatched house is worth 1,000.

Then what do you think of my palace.

How much is it worth?

Well, 100,000.

Oh, then I'll print an IOU for 20,000.

Is it good?

Do you think it’s okay?

Then I will start the national tax, and the Ministry of Finance will issue bonds, and then the bonds will be issued, and the money will be printed, and the country will start buying things from you to support these high-ranking officials.

Yes, then we came to build railways and roads, and after a while the money ran out.

.

How much will your house change after the money is shipped out?

2,000 ha, that Five Defense Palace.

How much is it worth?

150,000.

Then I print 20,000, can I print 30,000 more?

150,000 to print 30,000 is fine, then I will.

Reprint.

That’s 30,000 UG streams.

Just go.

After playing around with circulation for a while, you didn’t realize that, alas, you have become rich, your house has become worth 3,000, and then my money has been spent again.

Let me ask you, when your house becomes 3,000, how much is my palace worth?

250,000, then I only printed 50,000, so how could I print 100,000?

Okay, he should have no problem printing 100,000 for 250,000, just printing, so this is the palace that will never fall. Do you understand what this means?

This is the palace that will never fall, that is, it can keep printing. This is the case in the United States, which can keep printing.

But.

The United States will not be that royal palace, unlike my palace which seems to be neither renovated nor constructed.

The United States will continue to build, so of course its value is strong, but its value will also continue to increase. It is true that its imperial palace will become more and more isolated from the Tang Dynasty, and it will gradually gain this value, but its improvement that exceeds it is the value-added growth of its country. If the economy grows, it will eventually fail. Don't you believe it?

You guys are tough to the end. Suppose I am tough to the end, you will find out, hey, what the hell is going on?

Why does it keep printing and printing?

The crown is about to fall over, but it can still be printed. The crown is fast.

Fell down.

This is one.

Crucial, right?

If the United States begins to decline, let me see, please give me Bitcoin, I will not accept U.S. dollars.

Do you understand this action?

Can.

We use Bitcoin to quote US dollars, because I don’t know if your country can get up yet.

And you guys wearing rice are like this.

Seriously.

900 billion, right?

1 trillion.

2 trillion, the more poor people are, the more willing they are, the more poor people are.

There are more willing poor people here, you know?

Because the higher the stock price rises, those who are unemployed will remain unemployed.

I make a lot of money, but poor people are happy because the rich get richer and the poor get poorer.

That country.

So let me tell you, it is impossible for the United States to shrink its balance sheet.

What happened was that the poor died as soon as he shrunk the list.

Still, he didn’t tell me the price, so I kept going up.

Then you know that there are two cycles in the world now, one is called the cycle of the poor, and the other is called the cycle of the rich.

You, you don’t know what I’m doing with Apple?

Many poor people can't figure out why someone buys an Apple so expensively, and they keep buying Tesla cars, which cost 200,000 yuan.

Still buying it.

But the business is still so good and the growth rate is still good.

100%.

There is still money, but if you can't buy it, you still grab it, and you have to wait for 3 months to buy it. The poor don't understand this situation at all. Why?

Because they are in a cycle of poverty, but the rich are rich, which is amazing.

The high-tech achievements of these people are a cycle created by the rich, and the more they cycle, the more the rich create and the more profitable the company becomes, the richer the rich become, and the richer the company becomes, the more profitable it is. This is a cycle of the rich.

Now, do you understand this thing?

Poor people don't understand, why do they say stocks are going up?

I'm walking around. Why do they change their apples every year?

Because they are rich people, they like that world, which is two worlds, as if one is on Mars and the other is on Earth.

People on Earth are very rich, but Martians don’t understand why people on Earth are so rich. In the same way, there are two worlds on this earth, so the current gap between rich and poor will be complete, so you must be in the cycle of the rich and don’t fall into the cycle of the poor.

So.

You.

Many people write in English and say something like this: The situation in the United States must be worse than this. There are so many poor people. Should we sell our stocks?

I said you should buy only when there are a lot of poor people, and call the police on stocks, because if there are a lot of poor people, the stocks will go up, so why do the stocks go up?

Because the political commissar is printing money.

This government means that everyone is fine. If the government transfers money, the stocks will rise. If you don’t report cash, the cash will be useless, but the assets will rise. Then the poor will have no assets, so they will be miserable. Do you know?

So you need to understand the cycle of the poor and the cycle of the rich. You start with what money is and then come to the palace.

After the government has figured out how to transport money, you should use this method to make a lot of money, and not be succumbing to the poor mentality.

Many people will bluff you, the economy is so bad, it’s impossible, it’s wrong, it’s abnormal, it’s wrong for stocks to rise like this. If you keep printing money, stocks will keep rising, and the economy will keep getting better, because who do the rich print money for?

But what about the rich?

Even if it is printed to the poor, the poor must hurry up.

You can only buy him for 600 yuan. He is capable, but he cannot be left at home or invested. He needs to eat tomorrow.

So he will definitely spend money, and the money will be kept in the cycle of rich people.

Go inside.

It will be more and more money.

The poor will never have money. The cycle of the poor is getting worse and worse. The government keeps investing money, but the money keeps flowing into the cycle of the rich.

Do you understand what this means?

Oh, so if you want to be rich, you have to use rich money.

Human head.

If you have a poor head, you will always be poor, do you understand?

You you, we are among the rich, the wealthy.

head.

Buying, buying, buying, buying mobile phones and cars are all spent by the poor and rich.

Yes.

Of course people with no money can’t understand it.

Then you don't want to be weak, the poor just want to think that the market is going to collapse and people will not do well.

The U.S. currency is a global disaster. What disaster will happen to U.S. stocks and the U.S. dollar?

Let me tell you, the United States has been using U.S. dollars to conquer the world since ancient times.

assets.

Let me tell you.

How to brew.

2,000 years.

Pump bubble, dollar depreciation.

If the U.S. dollar interest rate drops, what will these major U.S. investment banks do?

Is the US dollar going to depreciate?

Where do they want their assets?

Should we move to Asia as soon as possible?

Move to Asia quickly, because the U.S. dollar is going to depreciate. Look, quickly change it into Taiwan dollars, into Korean won, into Indonesian donuts, into Thai baht, and change it quickly. Suppose one Thai baht is worth 10 dollars today.

Baht, he.

After working for the past 20 years, Thailand finally earned 10 billion US dollars in foreign exchange and was very proud of it.

Wow, America, you see, they are too confident in our country again and have remitted another 20 billion.

Then 20 billion comes in, but without Thailand, the total foreign exchange would be 30 billion, right?

Awesome, how much can I exchange for 20 billion Thai Baht?

600 billion baht, 600060 million baht times 30 times 30, right?

Exchange 2 million U.S. dollars for 31 yuan, and exchange 30 for 60 million baht.

Then after entering, speculate in Thai stocks, buy Thai real estate, speculate it 10 times, increase 60 million ten times, become 600 million baht, become 600 million baht.

Of course Thailand looked like a bubble. At that time, it had already gone from 2,000 to 2,005.

Wow next time, is the United States starting to recover?

The United States has begun to upgrade, and the number of U.S. military personnel will begin to increase.

Then quickly change the Thai baht into US dollars.

Then you have 260 million?

600 million.

Divide by.

If it doesn’t increase, it will still be 30, because if it increases to 25, it can be exchanged for more US dollars, right?

Even if it’s 30, how much can 600 million be exchanged for?

20 million.

It's US dollars.

Thailand only has 3 million U.S. dollars. He worked hard for 20 years to earn 100,000. Oh, 1 million, and you would get 2 million out of it. In the end, he will pay you back 200 billion, 20 million, and he will lose 17 million U.S. dollars. Then you treat it as e, and it will be 170 billion for you.

It has to be done again.

80 years.

It can be repaid every year, that is to say, do you understand the meaning of the Asian Financial Crisis?

The same goes for Taiwan or South Korea. They were just turning around at first, but then all the hot money flowed in, raising your assets, selling them, and sweeping you out.

Not only did you work as a slave for 20 years, but the foreign exchange you earned was not enough overall.

Owe him.

Do the 5x foreign exchange community understand this?

This is the kind of capitalism played by American capital. Our central bank in Taiwan is smart enough not to let them have money.

Come in.

But when it comes to Thailand, you see how miserable the Philippines and Indonesia are, every time.

Come once, every time.

The bubble in the United States will wipe out the assets of emerging countries, and.

Still bankrupt.

Do you understand this?

This is the currency of the United States, global.

What a disaster.

So.

We will suffer a bit at a loss, because we are often speculated very high by American foreign investors. After selling it, they remit it to you, and you lose tens of billions. The same principle, the same truth, so this is the currency of the United States, global.

Disaster.

Then there is another American disaster, that is, if you use US dollars, it can sanction you. If you ask for every sentence, it will sanction you. Because you are disobedient, it will punish you.

Punish you.

Iran is sanctioned, many Chinese companies are sanctioned, and many individuals are sanctioned. The Soviet Union is sanctioned. Anyway, if they want to impose sanctions, they can sanction them because you want them.

U.S. military.

Okay, it's standby, you use a gangster's hairstyle, and the gangster says you have to be obedient, otherwise.

I'll hit you.

Do you understand the meaning?

This is how it is, if you want US dollars, it can sanction you. Why?

Because you use the US dollar system, and if they don’t let you use the US dollar system, you won’t be able to change it.

So why did he sanction those chief executives in Hong Kong?

What?

China's banks are still obedient.

I pour.

No way.

Otherwise, he will punish me and everyone else, and if he cannot remove me, I will collapse before I even get to our bank, and you will die if you know what. So everyone must be good and obedient. This is the hegemony of the US dollar system, the hegemony of the US dollar.

Right here.

So why is he so bold?

Just impose sanctions if you want.

Now.

But I’m not afraid of counter-sanctions. There’s no other way. He can sanction others, and any company can sanction him. If you don’t obey me, if you dare to sell things to Huawei, I’ll tell you, I won’t let you use them.

US dollars.

Then why are you so rich with 200 US dollars?

I have issued the currency, and I want to manage it. I want to manage the U.S. dollar, but I cannot regulate the financial system. I control the financial system of U.S. dollars around the world.

To manage.

He said that if I spend money, you can use other currencies. Yes, if you use other currencies to bribe, the United States will take care of it.

Not.

But when it comes to bribery in Europe, don’t say that bribery has anything to do with the United States. As long as a company in Europe bribes a European official, and he uses U.S. dollars, the United States will take care of it.

Did you know that the United States controls it?

Why are you using my dollars to bribe?

It is not allowed to do bad things, so the United States has long-arm jurisdiction.

No matter.

So that.

If you want to do this, Iran will be blocked, China will be sanctioned by so many companies, and the Soviet Union will no longer use U.S. dollars. Then, more and more, more and more, when the United States sanctions more targets, the U.S. dollars will be thrown away faster.

If we still do business with China, we can’t use US dollars, so we just have to find other ways.

The Soviet Union has to find other ways, otherwise we will use RMB.

Otherwise we will use Bitcoin, otherwise we will use one thing.

For example, when Europeans do business with Iran, they open an account, and the other one is a ledger. They try to keep an account here, and if they want to ship goods here, they just use an account and offset it.

The United States still disagrees. The United States is still right that you do business with Iran, but you still have to do business with other countries. I said that if you follow this path, I will give you even US dollars.

Can't leave.

That's it, so America is America's currency and a global disaster.

So everyone.

It has to be used, and it is very painful to use it. This is the current situation. When the United States imposes more and more sanctions, these people cannot use it, and they have to find a way. Bitcoin is really a kind of currency.

First choice.

So Bitcoin will have a basic demand. Since it has a basic price when there is a basic demand, then everyone will become more and more accustomed to it. When the system gets better and better, it will become the world's reserve currency, because the US dollar is chattering endlessly, because many people have started not to use the US dollar.

Are you telling me not to use U.S. dollars? Are you not allowed to use U.S. dollars?

Then do my dollars have to return to the United States?

Otherwise, who would use it?

After everyone returns to the US dollar and the United States, then everyone will cheat. An international finance will keep a ledger, and then keep a ledger.

I'm not trying to keep accounts.

Ben?

Then everyone can use Bitcoin to keep accounts. Do you know how Thrift keeps accounts?

There is no real currency in circulation.

No.

Suppose you want to return 1 million from the United States to Taiwan.

If I can.

After a while, he remembered that thrift means that the United States deducts one million and owes others 1 million, and Taiwan adds 1 million to Taiwan.

Again, 1 million is added to Swift's accounting ledger. If this account belongs to the central bank, the central bank will have more dollars.

1 million, then.

The central bank can allocate 1 million and give it to you in exchange for how many Taiwan dollars. If the central bank reserves 1 million more, then if the central bank wants to buy bonds, it will deduct another 1 million from here. If it goes to the United States, it can call the United States.

I bought 1 million, do you understand what this means?

So that thrift is just a ledger. Since it is a ledger, we don't necessarily have to be there.

Keep accounts.

We can use Bitcoin to keep accounts, and the money is an IOU for accounting.

Isn’t Bitcoin’s accounting very good?

There are 21 million Bitcoins in total, you can.

If you study computers, you know that there are like 21 million.

Bite.

Each bite has 100 million bids.

Because one Bitcoin can be cut into 100 million pieces, so that’s enough to remember.

Yes, so it is a very ideal accounting, a global accounting book, and it is decentralized. No one can sanction anyone, and no one can sanction anyone.

So everyone said, if you issue Taiwan dollars, you can use them in China. Originally, we in Taiwan use them in China and can't get out. Then the U.S. dollars will be used in the United States. Please take back the U.S. dollars, your money.

Can't get out.

No need to come out, we no longer accept US dollars, we only accept Bitcoins.

Okay, so remember what I said may not happen in the short term, but for you, this is an earth-shattering thing.

The virtual transfer of currency is a big deal. It is a matter of dozens of trillions, hundreds of trillions.

What about.

The GDP of the United States is 20 trillion, while the GDP of the world is only 80 to 90 trillion.

So when half of the world’s gold is converted into Bitcoin, one Bitcoin will cost US$2 million. Do you understand what it means?

Therefore, if half of the world's reserves are placed in Bitcoin, then one Bitcoin is worth 2.502 billion U.S. dollars, which is now 40,000 U.S. dollars.

Very cheap, you know, right?

Understand, does this mean?

This is a bigger Starbucks than anything else.

coffee.

The paradigm shift of Amazon, the paradigm shift of Amazon's business model, is that Apple kills Nokia, right?

There are many software business models, and Amazon has overturned many physical stores with its online shopping business model. It is a business model, and it is very big.

Yes, right?

FinTech, Square.

PayPal.

It will bring down many banks in the future.

Tesla's EV car will overwhelm traditional cars. This is a trivial matter.

There will be one thing in the future, Bitcoin will be the entire US dollar.

Beat down.

How much is all this amount?

Your Apple only has 2.2T, 2.2.

You understand the shortcomings, right?

But this is 10,000.

The transfer is 100 t yeah.

It's equivalent to 50 times the classic fantasy transfer of Apple, so it has to be there.

How old?

If you can earn 100 times at Apple, you should earn another 100 times.

Add 50 times and that’s 500 times, so how much wealth is yours?

A lot.

There's a lot in it.

It's very big, so it's not easy to buy Bitcoin in Taiwan, that's it.

But you need to know that this paradigm has been transferred, so don’t be like some people who don’t understand it now and say that there are so many US dollars. Quickly change to US dollars. When the US dollar rises later, I will make a profit.

I'm telling you, the U.S. dollar will never come back.

of iterations.

I raise.

U.S. dollars, it is reasonable to exchange one U.S. dollar for 10 Taiwan dollars, do you understand?

I ate one bowl of fresh taro in the United States, but I could eat 5 bowls in Taiwan.

Then you know that Taiwan’s wallpapers are too underestimated. A bowl of fresh medicine cost 15 dollars in the United States, which is nearly 500 dollars. It’s 90 dollars here, right?

It’s 100 yuan at most, plus 110 yuan for taro, so I can’t finish it every time, and the whole family can make a profit.

So let me tell you, the Taiwan dollar is too undervalued.

The U.S. dollar is too overvalued, but the U.S. dollar can never come back, and the United States keeps printing money, but the country is not printing it.

So many, whoever is not afraid will not wake up.

So said.

USD.

The more sanctions are imposed, the more devalued the U.S. dollar will be. The harder it is to make money, the less valuable the U.S. dollar will be.

valuable.

To a certain extent, after everyone wakes up, all U.S. dollars will flow back.

In the future, the United States can only use Bitcoin to buy things, so how can he earn Bitcoin?

That is, if you go to the United States for sightseeing and give him Bitcoin, he will have Bitcoin and let him buy you again.

something.

So who will suffer in the United States?

Of course they are poor people, because the dollar will always be flat. It used to cost 4 yuan and 99 cents to buy a pair of pants, but now it costs 18 yuan and 99 cents, right?

His poor people are not like our Apple, which is going to skyrocket, or Tesla, which is going to skyrocket. We are fine.

But the poor have tea, because they don’t know how to invest. Do you understand?

Me.

Got it.

OK.

Therefore, investment is a matter all over the world. Don’t underestimate this matter.

You are saying that investment is a capital market, a weak and strong one, and the world is unkind. Do you understand what you mean?

My 1 billion has increased 100 times. How much will 1 billion US dollars increase 100 times?

100 billion, how much does your 10 million increase by 100 times, right?

1 billion, me.

100 billion.

If I stab you to death with just 1 billion, how much more do I have?

99 billion, I will stab you to death little by little, and I still have it.

99 billion.

You are willing.

Fundamentally.

If you look at the Jade Mountain at the bottom of the mountain, you can't see the top. Do you understand the meaning?

So if you are poor, you really don’t know that you are poor and think that you are rich.

And then be poor?

So you have to be very rich.

to.

I said forget it.

In the first chapter, we said that we should start with 1 billion. That’s how it should be. If you want it, if you don’t have it, then you just want it. Can it be achieved?

Of course it can be achieved, isn’t it calculated?

100 million?

Then you said there is so much difference between 100 million and 1 billion.

No, it will be ten times better.

How much is that?

In another 10 years, originally it was 100 million in 40 years, then in 10 years it will be 50 years, and you will have 1 billion, so the starting point is 1 billion, do you understand?

Okay, let's see how the bubbles are formed?

if.

a has one million Taiwan dollars, or anyway.

One million.

m has a thatched hut, that a every day.

It's windy.

When it rains, you can only hide in a tree or.

cave.

He said this thatched house is not yet available.

Wrong.

Okay, ask that b and say this blind young man.

How much did it cost?

He said 2 million, I have 1 million.

Then the bank will come and ask for your 80,000 yuan. If you want 2 million yuan, you can buy house B, right?

b just exchanged for b and got 2 million. A lived in that house outside. b. When it was windy or rainy, he said he would live there.

cave.

He thought, well, it would be better to have a house.

He asked, eh, do you want anything to do?

He said, OK, I’ll sell you 4 million for 200 yuan, right?

Otherwise don’t.

Okay, that's all I have.

2 million.

If you want to ask me, since that one has 4 million, then I will lend you 2 million, and you have 2 million in self-prepared funds, so he used 4 million to buy that B and got 4 million. He owed the bank 1 million, so he took 3 million.

Also working as a consultant outside.

Checked in, it took some time.

It's b on the outside and a on the outside.

Hahaha, okay.

AA is here.

Outside, AA.

He took 3 million outside, but he found that it didn't work, this.

The life cannot be passed.

Question, b’s bank wants to buy it for 8 million, and I only have 3 million. Since that 800, I’ll borrow it.

5 million for you.

Everyone sit in, that b.

Just came out.

Yes, then b borrowed 2 million, and then took 8 million, so he had 6 million to live outside. Then he went back to find a, how much do you want?

Him.

Say 12 million.

If I have 5 million, I will take 1,100.

What about Wan?

Okay, is this valuable anyway?

a, he only got 16 million, so I forgot how much he gave back. Anyway, he might still get 13 million and walk away, right?

Then b lives in his horse-thatched house. He owes 13 million for 1,000, so he takes 1,300 and goes away.

After a while, B1 said, eh, when can I come and buy it?

House?

A said, eh, I want to travel around the world, and I want to live in Europe.

For example, hey, it’s strange. After working on it for a long time, my horse-thatched house is still my horse-thatched house, but I already owe it. I owe others 13 million. What is this?

world?

That thatched hut is still thatched hut, it only lasts a few minutes.

Oh my god, how can I see that someone else has 13 million, but I still live in this thatched hut and have traveled all over the world.

This is it.

The assets are sufficient, do you understand?

So then you said that if you ask me to sell for a long time, I will not be filled again. I just said that you should not argue with others. I understand, right?

After you finish the job, the hospital lets you speculate on that house and pursue that worthless one. You have to think about it, does it definitely have this value?

Me today.

Go and stay at the Grand Hyatt.

As long as it costs 36 million, that house is not worth 3.1 billion.

Do you know what it means?

It’s not worth it once you calculate it, it doesn’t have a swimming pool, it doesn’t have five restaurants, it doesn’t ask people to reward it every week, it doesn’t have any welfare parking spaces, it doesn’t have anything, and it still needs 100 million, and it still needs 100 million.

The management fee is getting older as you live in it.

Got it, right?

It’s not worth it, so you have to know if it’s worth it and you have to try it yourself to judge.

So after you buy 100 million, it won’t go up.

Even if it doubles in 20 years, the rate of return will be high.

83. 58, which is a lot.

You thought you made a profit, but you lost a lot. You understand, right?

So you should also know that this is how bubbles are formed, and don’t try to grab them from others.

You need to understand what is reasonable.

Are there any questions at this point?

Here.

Compare.

Just pull it a little.

Compare.

But for those of you who are cheap, yes, after a lot of finance, you used to watch the entertainment section, and you can start finance after the end of the four classes.

version.

Yes, if your husband doesn’t listen to you in the future, he will think that he will pay attention to what you say in the future, and he will pay attention when you place an order on your mobile phone in the future.

Oh, come on over here, hello, why do you make so much money?

Anyway, what actually happened is what some people said before.

My husband won’t dump me.

Now it's all about what I'm talking about.

What?

Therefore, please pay attention to the operations of the U.S. Central Bank and the Treasury Department, manufacturing volume and cached goods. How to do this?

They simply said that you need the Ministry of Finance, which is, well, the national finance. It seems that you spend as much as you earn. Do you want to see if you want to borrow money?

Buying a house is a matter for the Ministry of Finance, and the central bank has the ability to print unlimited money.

What does printing money mean?

It can print American IOUs, and it can print unlimited American IOUs.

potential.

Banknotes are the right to cash immediately, and the Treasury can print IOUs for three, five, ten, or three months.

Because he, hum, has no choice but to pay back.

Should the central bank print money?

Still?

There is no need to pay it back, he said it was printed anyway, but do you think that if he prints money, he will just give it to others?

No.

You, go and ask for it. Seeing that you printed so many, give me some.

He won't.

Who will he give it to?

The central bank prints money for creditworthy people, and they ask them to pay it back.

That is, in fact, the central bank only printed money before.

To whom.

That is to say, if you come to borrow money from our central bank, what can you use as collateral?

With U.S. bonds?

He only believed in the U.S. government, so in the past, the central bank had to borrow money directly from the Treasury.

Does the Ministry of Finance borrow directly from the central bank?

No.

If the Treasury Department issues bonds to sell in the open market, it will have one.

interest rate.

So who buys it?

It’s just for bank purchases and business purchases, right?

After the bank purchases it, the bank's money will be used, and the money will be handed over to the Ministry of Finance, right?

Then the bank has a bunch of bonds on hand, which are Treasury bonds.

Right?

It doesn't matter if the bank doesn't have the money. If you want to transfer it, if someone comes to lend it, I have to give you the money.

How about that?

Let me just talk about this bond, eh?

The central bank is the national treasury. It refers to, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh, eh?

Okay, here you go, it’s 0.58 anyway, and the current interest rate is 0.58.

That doesn't matter, anyway, if there is a bond, he will mortgage it, and he will earn the 0.5c from the bank. If he has money, he will take it.

came out.

If you take it out, some people will lend it to you for housing loans.

What?

Some departments will buy it, then roll it up, buy a 2-for-1 mortgage, and then mortgage it for 0.5 cents, or 0 cents, and then lend the money out. He said that the Ministry of Finance still wants money.

Then he buys it, he mortgages it again, and he gets the money again.

Just like that, he still wants to issue, buy, and mortgage again. Then the money will keep coming out, right?

That's right.

Then the Ministry of Finance will print a lot of money, like 9,000 this time.

billion.

He wants to print bonds, money, and dollars. At that time, he sells it to the bank, and the bank takes it to the central bank as a mortgage, and then takes out the money. That's it.

So the central bank has unlimited hard money.

Ability.

So many people say that it is very simple for China to retaliate against the United States. If it sells its bonds, they will collapse.

No, the central bank has unlimited money.

Then the central bank can buy up all the bonds.

No, the market will not move.

So only those who don’t understand finance will.

Say this.

Goodbye, the central bank has the conditions to adjust everything in the open market. It can buy short-term bonds and long-term bonds. Will you find that the central bank is now about to become currency to pay short-term debts, and is it even buying stocks?

Can he buy one and buy out the whole world to understand the meaning?

So don’t let those uneducated people say that China can use its ships to attack the United States. That is impossible.

How is that possible when you attack him with his weapon?

Impossible.

Thing.

OK, so.

If quantitative easing continues, why is there no general investment?

After so much progress, why didn't we run through?

This is the advantage of the US dollar. Do you think it can be used in the United States after printing it?

No, I always come to TSMC to buy ICs as soon as they come out.

If you all talk about US dollars, then the whole world will talk about US dollars, right?

CV is equal to MV, which is equal to PQM, which is the amount of money.

NPNMVV is.

speed.

The speed of money flow must be equal to the goods sold times the price, right?

You go to a department store for 1 million, and you use 1 million to buy two bags in a department store. That is 1 million multiplied by the two bags you bought. How much is one bag?

Just multiply 100 twice?

That's one bag. How many bags do you buy?

If you buy 5 bags, then each bag.

How much, right?

So MV is equal to p q, so we have no way to control the flow speed of the central vesicle before printing.

But p has not increased, what does that mean?

q is very big, so where does q come from?

q is the manufacturing factory in the world, Taiwan, China.

Anyway, you all accept US dollars.

So why doesn’t the U.S. print enough money?

No.

But if we don’t accept US dollars today, and you don’t accept US dollars, America will be disgusted.

So is it okay if Taiwan prints money?

No, Taiwan is already disgusting.

Same sect.

It's disgusting because no one wants your stuff.

When you have too much money but not enough supplies, do you understand this?

So this is how the U.S. central bank Treasury works.

Then the United States prints so much money, why is there no ventilation in the United States?

And it’s still deflation, almost like fast deflation, why?

Because the money has flowed overseas, I don’t know what other people are going to do. It’s too detailed, so we won’t care about them. Anyway, they don’t have to stay in the country.

Oh, that's it, so because the United States is very good at spending money, most of the money has gone out, and you don't have to know anything at home.

Because they are rough, US dollars will be scattered all over the world, and they will be scattered more and more.

But if everyone is not just talking about Bitcoin, but the US dollar is going to flow back, the United States will be in misery. Will the United States let this happen?

It must be avoided as much as possible, but will this happen?

It's bound to happen.

Because it cannot be stopped, because Bitcoin is an invisible and uncontrollable currency that no one can destroy. It cannot, because it wants to change all 50% plus one computers in a flash of time.

information.

Only then can a comeback be possible.

That's impossible, impossible, just like this bright frame light computing can't change this fact.

OK.

Hey, why is my content different from this one?

The Ministry of Finance operates quantitative exchanges.

online.

One page.

It's just a comparison of stock market interest rates and bond value interest rates.

OK.

You have to know that before 1960, the direct interest rate of stocks was higher than that of bonds, which is the dividend of the stocks you bought. For example, if there is no 3, it should be 6.

Lie down.

If there is no 6%, no one wants to buy this stock, because they all think that stocks are risky. If I buy treasury bonds, I will lose 5%. Why should I buy your 6% or 4% stock?

It used to be an agricultural society, so those industries had low growth rates.

Very slow, right?

So you can only get dividends from your investment, which is the part that can really make a profit, you know?

So the interest you get from buying stocks is higher than that of bonds, so I bought it in 1960.

Before.

So after 1960, stock prices began to rise, and dividends began to decrease. When the dividend rate decreased, it became four-fold. When bonds were low, people said that stocks were too expensive and were about to collapse. However, they continued to rise.

Why?

Because later it became the automotive technology industry.

That's why growth stocks have come out, so their returns are not only the direct dividend rate, but also the growth rate. When you say the growth rate is 0, the direct dividend rate must be higher than the bond before I buy it.

But when you have a growth rate, then I don’t need it.

For example, if my growth rate is 3, then my dividend is 4, then I have 7?

Then your bonds are only 5, so of course stocks are still more attractive to me, right?

But people didn't understand at that time. It was said that if the stock price was slightly lower than that of bonds, it would collapse. That was not because growth stocks were insufficient. But by 2008, a rare sight in a century was that the dividends were straight, the interest rates were lower than bonds, and the dividend interest rates were higher than bonds.

The dividend rate starting at 2,0080 is higher than that of bonds, so stocks are very cheap.

What does it mean that the upright rate of Guxi is higher than that of bonds?

The growth rate is high.

Oops, it’s higher than interest and higher than bonds, so is this stock cheap?

In the past, when the dividend ratio was lower than bonds, the stock was very cheap because its growth rate was 7, so the stock had 3, and the qualifications had 3, so the total was 10. So now, if the growth rate is not 7 or 12?

It's already higher than before because now the company will grow even more.

That's a dividend.

The standing ratio is still 1.5, 1.6, and the 10-year bond standing ratio is only 0.61.

% is over, the stock is not cheap enough, so why?

Why?

They say that the interest rate is too low because the value is too high, but the interest rate is too low, so stocks are not worth it.

Only then.

Looks cheaper.

This is.

Such truth.

It doesn't matter if you understand or not.

OK, so the stock is cheap right now, that's how cheap it is.

Okay, my current headset still has 10 electronics left, and I will definitely replace it.

Headphones, wait.

OK, OK, okay, let’s take a look at how to find the information on US stocks?

I think I’ll use the simplest one, and you guys have a look.

Oh, this, um.

Wow, why are you on this website then?

Can't you see?

I can select web pages.

?

In the past, you could finally choose a web page.

Not anymore.

p point.

us, even he wants to review e-commerce.

Yes, everyone, hurry up and leave, America and Taiwan.

Okay, here you go, okay, let me tell you, of course when you invest in U.S. stocks, you must understand information about the United States.

The first one I used was just a deposit account.

Yes, so no, you don’t need to be too analytical. In fact, investment does not need to be too analytical.

Then you can see this SPY the annual return lawyer we just talked about, he is.

This SPY.

This is him.

Knife maker.

This is Nasdaq, you can just use this web page.

Ha, okay, then you have to look at its growth rate, look at its growth, if you enter it, it will be Nasdaq, Nasdaq, then if you look at the full screen, you just have to look at its pictures, right?

Open full screen, that's it.

Then you are Nasdaq, then fullscreen that is his, then you can.

Choose a year.

For example, we have been watching it for one year, which is a bit longer, that year.

This year, that year he returned 44.61. This is also an index, so you can change it to.

Settings.

This way.

This is changed to a percentage. This is a percentage ratio. The percentage is 43.41443.14 in one year, 43 in one year, 87 in two years, 87 in two years since I took office, 8789 myself, and 89 here is different.

OK, that's okay.

It's Nasdaq.

Then you can compare and say, then what should you compare with?

Then just compare with SPI.

Add that in and compare that SPI, and you get the second line.

SPI has 46 VCs in two years, and Nasdaq is 8G itself, so you should invest in high technology rather than traditional industries.

SPI is a traditional industry, so you will know it from just one look, so don’t ask again. I said this is what you can buy, just compare it yourself, okay?

Look at what Taiwan has. You can compare it with Taiwan. You can compare.

What?

00757, I’ll give you something good.

00757, here in Taiwan.

There is no.

Then change the color of this one and make this one redder.

He's good at rising.

Have you seen it?

138 PERCENT two years ago, this is Nasdaq in the United States, this is the top ten high-tech investments in the United States, this fan.

Add.

There are Alibaba and Tencent in it, what does it have to do with it?

As long as the performance is good, you don't care about it, so you can invest this 0.757, do you understand?

Many people say, well, there is an index in Taiwan, and I have to tell people about it here, because I am recording here, and you use SPUI.

Let’s compare.

Oh, then you still.

Use a 0075 to go to Taiwan.

OK, 00757 is very high, do you understand?

Compare yourself to OK, and don't let others lead you, OK?

Then if you want to compare with others, then we are better than QQ q.

Q one q is almost the same as him, a little better than him.

Because of him.

Oh, the Internet.

down dropped.

Still using it just now.

Isn't it?

Oh, it came out, OK.

Beautiful, use a darker purple for this color.

OK, okay, do you understand QQ?

Then you can buy it.

Alas, we're talking about Arkk.

OK, OK, OK.

It can also be set to level B without permanent disaster.

Stakeholders.

So you need to know about investment heaven and hell on earth?

Oh, that doesn’t mean this hell won’t be good, it will still be very rich.

But can you allocate it a little bit?

Roar, right?

This is SPY we are talking about, right?

So this can make you very rich?

There are already 100 million, so if you say this, he will retire early.

Then if you tell someone, just invest in that person’s weird 00646, which is also from Taiwan.

You see.

We need to give this to him.

A comparison.

Unlucky.

color, green.

below.

of.

So if you don’t invest in this kind of company, what is it called?

This one is called 00646400646.

It's too late.

OK, these 36 people, OK, well, this is in the United States, you can bring in people from Taiwan, it’s OK, you can also call TSMC, you can call TSMC, it is 2330, TSMC points TUITW, right?

2330 is the TSMC point. In Taiwan, we give it a better color, a deeper red. Do you understand this?

This is TSMC, and TSMC is performing well, so you should buy TSMC in Taiwan. I’m not saying that’s all, but don’t abandon TSMC. TSMC is the number one in the world. Don’t forget that he said that wild flowers are more fragrant than domestic flowers. Without you, do you understand TSMC well?

No worse than American companies, understand?

So you should use some TSMC in Taiwan, OK, so if you look like this, what should your light index be?

Buy a little bit of AIKK, buy a little bit of TSMC, then buy a little bit of QQQ, that's good, buy 1.00G5G, that's good.

I bought all four of them, do you understand?

No, no need.

Don’t you need to understand the Double Ninth Festival from afar?

It's very simple, of course you have to buy a sub, and you just want this sub commission at night.

Out, want.

In fact, if you buy TSMC, just buy it.

OK, do you understand?

There are Taiwanese, there are Americans, just keep it simple, do you understand?

You don’t have to just have a plate with me, you can help yourself to the buffet.

Convenient.

That’s good, do you understand?

Talk to the side.

So let’s talk today, that is, if you want to talk about funds.

It won’t be over.

It's holding me in its mouth.

English to Chinese.

No.

Franklin High Technology Fund.

Wu Lanklin High-Tech Fund, look at this, then most of me.

Use both.

I mostly use cn or this cn or money DJ to compare performance.

I have used money DJ, you can see money DJ come out.

.

OK.

Then you look at this, this, then you look at the performance of this, I will also talk about this here.

Come on, I’m going to start speaking Chinese right here.

OK, let's choose CLM money.

DJ, OK, money DJ is very useful here, and then you can use this performance to take a look. There is performance here, and he also has shares here, but here, alas,

Money DJ doesn't let you look at holdings, so you have to go to New and look at holdings, but the performance is here.

Then look at this performance, oh, he is.

Than.

q. Alas, Nasdaq is good.

Right?

Nasdaq is better than Nasdaq, so this is the Nasdaq index, and there is also QQQ, so you can choose the fund target to see clearly. You can choose here.

Otherwise, don't ask me again to choose a comparison fund here, then I will take a look here, choose performance here, and then you will get one here based on performance.

Then you can compare funds. After comparing funds, you can choose the first overseas fund here, right?

Safe Overseas Fund.

Our QQQ just now is the Nasdaq QQQ, you add it.

increase.

He removed this index. This index is not QQ. QQ. QQ is 100 stocks. This index is good.

Thousands.

Okay, then you can choose GG again, you can.

Choose.

Wait a minute, let me choose here too, let’s choose here.

For overseas funds, choose Nasdaq to increase.

Oh, that’s fine then.

Okay, then you can start comparing.

If you just follow the comparison, then let's fill it up again. Let's fill it in. We still have a few stocks to compare with, Cathay Investment Consulting, Cathay Investment Consulting has it.

Morgan Stanley, Morgan Stanley US Growth Fund, Morgan Stanley US Have you seen the Morgan Stanley US Growth Fund?

Have you seen the case and added it?

Go in.

Morgan Stanley USA.

growth.

Fund, Morgans.

Cathay Pacific, I am too head.

Growth funds, ha, increased.

Okay, then, there is another one. We want to compare our teachers with BlackRock's World Technology Fund.

Right?

You are all watching over here, world mining, the world.

energy.

World gold, human resources and health, is there a world science and technology fund here?

Don’t use U.S. dollars to calculate prices, because in the United States, you can use U.S. dollars to calculate prices. If it increases, it will be the same here, and this future will be the same.

The World Technology Fund USA, well, increased.

Okay, we're at the last one here, and we still have another one to talk to you about, which is the Morgan Fund Expert, the Red Root Fund, Morgan Head, and Morgan USA.

Technology Fund, J.P. Morgan Fund USA.

Technology fund.

Pay attention, you have to remember the type here, and you have to buy it.

Remember.

Don't buy here. If you don't remember it, they have some analysis here. You have to buy it cumulatively, otherwise you will.

Why do you collect cash?

When you collect cash, it will increase the number of shares when you add it to the total.

Okay, here, so my side is JPMorgan Funds, JPMorgan.

Headline, J.P. Morgan Fund.

American Technology Fund.

Good accumulation.

Ask for leave.

Okay, then that's all you need.

It's over.

Then let him start comparing.

To compare intervals, you have to choose an interval, so let's choose a longer one first, and then we want.

Three in a row.

Three years, and then we’ll look at the fund a little longer, that’s okay, and then we’ll look at it.

Start comparing three years ago.

Okay, can you see it if you see it?

Look below, you see.

index.

Nasdaq has increased 100 times in three years, but Morgan Stanley's US growth has increased 174 times.

174 PERCENT, BlackRock World Technologies rose 161.

percentage.

This Morgan is based on the military, the US Science and Technology Director 165, and the Franklin 115 is still better than this, so you have to know that the performance of the fund will come out like this.

If you want to buy one, it doesn’t matter if it’s cost-effective or you want to buy a basic one.

What you want to buy, I will just tell you about the proportional price. Then your financial specialist will tell you about a fund, but you don’t want to come.

Ask me if I'm okay.

Would you like to compare it yourself here?

Oh, that's good.

Oh, it's very simple. Investment is very simple. You don't have to ask me.

No, you will know by comparing yourself.

.

So now that the United States is investing, what else does the United States have?

This is what American high-tech is like. I have chosen one of the American high-tech products. I have compared these four, and I have chosen them for you. I have not tried them, and I have not told them about them. I have not told you about them.

All are available.

OK, we might be able to do that today.

On time.

Hello.

It’s hard to find information about the United States, but how do you compare investment performance?

This is over.

Already?

Ha, no more.

Great, Q&A.

Of course, we will.

It's over.

OK.

Come on, we are here today. Fortunately, we are all on time. We need 20 minutes, but I think we can do it in 10 minutes, because we may have to retreat.

Come on, if you have a question, ask it.

No problem.

Hmm, okay until 5 o'clock.

OK.

We will.

When you arrive, he will disappear for you. It will take 30 minutes after he disappears.

Okay, okay, any questions?

Let me tell you, it was you who said yes, but what would your retirement life be like?

And how do you continue to learn this?

Oh, okay, good.

Come on, let me tell you, after I retire, I actually don’t know what I want to do.

All I know is that I should retire because I learned too.

I can, I can only understand books, and I can tell fortunes, but I didn’t have that at the beginning, because I could tell fortunes. I didn’t know how to tell fortunes at that time, but I would have a feeling every ten years, and I would just follow my fate.

You must obey your fate, which means that even though you obviously can’t do it, you still have to be stubborn.

Then don’t do it. Do you understand what I mean?

Change.

Understand.

So every time I failed at something, I knew I had to prepare, move on, and change. So when I was in Huangji, I was assigned to Dannan, the United States. At first, I was in Taiwan, and then I thought, well, I should go to the United States, so I went to the United States.

After I went to the United States, I did the Multi media lab that I listed.

Later.

I found out that Acer was about to collapse, and it was a mess at that time. Later, I thought I should go back and lead the engineering team.

Later, eh, think about it not long after I said that the general manager should come to me, and he came to me, and then I agreed to go back in just one minute.

Because I have been working in the United States for 10 years, and the company has trained me for a long time, so I should go back, so I reorganized the entire engineering of Hongji when I returned.

Team.

Later, I encountered Hongji's family separation, so I was rectifying it.

Well, I discovered Hongji two days ago.

brand.

The problem is not with engineering, but with the market.

So I thought I should go into marketing, and then, eh, Yifenjia asked me to come in and do that today.

Business leader.

Just me and the lead, the business head of the entire red zone.

Then this is just following fate, and if you know what you can do and you do, just do it quickly. My annual salary in the United States is 160,000, and my monthly salary in Taiwan is NT$160,000. I have always been OK. I said I am not doing it for money.

It doesn't matter.

Of course, it doesn't matter to me that the general manager has 100 stocks next to me. I just did the rest, because I was assigned to the brand, and I didn't go with the 100 checks.

Yes, forget it, because you can make the money yourself.

Then when I go back, I just want Tongji to accompany me for ten years and train me for ten years.

in the United States.

That.

I went back to apply for school, so it took me four years. Later, I was responsible for the brand, and after I finished it.

Well, the stock of Hongjin has taken off, and it has risen a lot. The momentum of Hongjin as a whole was so great that it almost became number one in the world.

PC layer.

Then I said I was leaving.

Well, I will come back to the United States to take care of my daughter.

Accompany her to grow up.

When I went back, I actually didn’t know what I was going to do. Then I thought about it, and I should go back and stand for archaeology, because I think humans seem to have little knowledge, and only ancient history can be used to find some wisdom, so I want to go to archeology.

Later, before the author even went there, he heard the TV and radio broadcast.

Say yes.

Zi Wei Dou Su's course with a hypnotherapist.

I thought that if it was high-tech, then I would study professional reading and hypnotherapy. Later, it took me almost a year to get a hypnotherapist's license, and I also learned how to do it.

Get the skill.

At that time, some students said, oh, why did you retire so young?

I said.

Oh, because.

I just invested and made money myself.

Yes.

He said, then you teach us investment, so we have been teaching since then with five or six students, and we have been teaching from 2004 to today. Of course, the organization will become bigger and bigger. In this way, this is my whole process.

Then let me tell you, it’s retirement, don’t be afraid. Many people ask me what I want to do, and many people say, well, I basically don’t like this job, but I’m afraid that if I leave, what should I do?

Sometimes there are still opportunities after leaving.

Oh, then if you are in a big company, there are benefits. In a big company, you have to wait for a while. If you stay for a long time, if you are a driller, you will eventually get out of the sack.

Let me tell you this, if that company is a good company, you deserve it.

Wait.

He will find you, and he will find that happy thing. The company has many happy things, but a large company has to wait ten years to discover the happy thing. Do you understand?

So you have to wait for the big company to have the advantage, that is, it will eventually put things right, and it will really ask the bad people to leave. But then it has been 10 years old and has already ruined the company.

A mess.

OK, okay, this is my process.

Well, let me tell you, even if you are in his company, I suggest that you endure it for a while, have better connections and lead better people. He should talk to these high-ranking officials more about the relationship. At least they know you. Otherwise, he will not know that he is looking for you if he has a position.

So I used to be nice to everyone and just say its OK, my, how about you guys coming to the United States?

Just tell me what I have done, me.

Just do it.

Of course the general manager knows me, so he has nothing to do.

Things just.

If there is a positional need, he may not think of it.

OK, so you, hey, when I was a little potato from an engineer, actually I.

That's it.

Well, no matter, I only deal with things, so I can climb it to the vice president in one go.

Go over there.

Tell me you need to help me solve something.

That's it, because I just want to solve problems. Although I am a researcher, I have only been in it for one year.

Of course, if I tell the factory to stop, it will stop, and if I tell the factory to move, it will move. Because I am an engineer, I decide.

Everything.

The other thing is that you got to be big, that is to say, don’t make yourself small, you have to make yourself big.

Because you are doing something.

You are here.

Do things.

As long as you think about looking at the company from the perspective of a general manager, you will be considered a small boss.

But you have to look at it from the perspective of the general manager. What would the general manager ask me to do?

Do you know this?

I just did it, and I didn’t look back, even the whole factory.

Then don't start it, you have to let me start it, I will start it for you, I will instruct you to go down, although I am a small subsidy, I will tell you to stop, what are you doing now in exchange for this profit test for three days?

I can ask you to do any test, and you just do it, because when no one is doing it, I am doing it, am I the best to understand what this means?

You have ownership. If you think you want to pick it up and do it, if no one else is doing it, you pick it up and do it. You are the leader.

So sometimes when you are in a company, you enter without stopping. Don’t rush in stupidly. You don’t want to be beaten. You will only get beaten. That is, when you go to a meeting and you don’t understand the situation.

You talk about linking up with a few people. I think this kind of integration means that you are the leader, and it is solved in two or three times. Do you understand what this means?

If you are the chairman, then you should put everything together before the meeting. When you sit down, you will read from the script. It only takes 15 minutes to read it. Hey, the meeting is over when it is over. This is the role of the leader.

This is my work experience and I want to share it with you. But after I retired, I learned how to read and train from Ziwei. What are the benefits of teaching me to tell you?

I am the first to know what fate is.

Fortunately, I retired in 2004. If I look at my horoscope later, if I had not retired in 2004, I would have died miserably, just like Hong Ji. I would have died together, because I couldn't do it, because my durian happened to be in season, so I couldn't.

Hahaha, that was because I didn't look at the dial, but I knew I wouldn't be able to survive, so I left and went back to find me.

I just happened to be teaching when I got back. The big counties that teach investment and chemical technology are the best for teaching, or the best for studying, or go back to school.

Best.

Because.

You are not matter, you are spirit, and painting skills require spirit, not matter.

And just because I teach like this, the more money I teach, the more I understand.

What is it.

So you have to read the horoscope, but you need to be able to interpret it. Many of me don't know how to interpret it, so if you give them an interpretation, your good life will become bad.

But I'm sure you can explain it to me.

Good luck.

Hahaha, nothing bad.

life.

OK.

OK, is it solved?

You said the children should go and solve the problem.

This department is located in the northern part of Diogou.

Koko is not lost.

I don’t think so. That’s not the way to interpret it, do you understand?

Oh, he said, oh, you may have to be more serious about some things, and you will definitely master them, do you understand?

Not the same, the same map, the same year, the same month, the same day, and the same time.

The maps are the same, they are all from Yushan. The maps can all be top-notch, but some people will fall into the sea. With the same map, some people will have beautiful scenery.

They were born at the same time in the same year, same month, same day, but have different horoscopes. Why are the maps different?

But the path you take is different, your decision-making is different, and there is compliance in it.

I clearly see the map, but now I think this is the broad road. If you don't take it, you have to get into this small road. It's not necessary. So remember that you don't have to go to fortune telling, but you have to obey your fate, your heart, I want it.

Tell you where to go.

is the best way, do you understand?

Then this way.

is the best.

The treatment here is better, which means I can do it very well.

Resist.

Yeah, a lot of things looking at stocks or whatever, I can hypnotize myself into.

So I am hypnotizing you all the time in class.

I must.

This is possible. I know how to use language to enable you to enter that hypnosis.

state.

Second.

If you have insomnia or such mental problems, you should learn hypnosis.

Then I will teach you a lot.

Simple.

Just go to the Internet and YouTube and find some music, that is, light music or hypnotic music, just hypnotic music, he.

Just listen and breathe with your eyes closed.

Weapons CG.

To cry, you have to tell yourself angrily and slowly scream.

Relax your head.

Eyelids relaxed, cheeks.

Relax.

I'm very.

Comfortable and very relaxing.

Just train all the organs from the beginning and ask them to relax.

Let me tell you, you haven’t trained your stomach yet, and I fell asleep. Do you understand what this means?

If you have sleep problems, you can try it.

Don't be impatient, sometimes you always want to sleep as soon as you fall asleep, but you feel so hypnotic and impatient.

Wow, I keep reading it.

No, sometimes you have to go to sleep at night before hypnosis, and you will find that you are too nervous.

So why are you here at noon?

time.

Just find one.

time.

Hypnotize yourself while lying down?

You don’t have to listen to it.

Fall asleep.

Let yourself relax, as long as you do this once or twice a day, you will be fine at night.

Very good sleep.

Then your mood will be very good.

stable.

Okay, this is the first stage of hypnosis. The second stage of hypnosis is that after you are hypnotized to a certain level, you find a place you like, the seaside or a stream. When you sit there, you can hear the gurgling sound. I tell you that hypnosis is very powerful. If you want to go to the mountain at any time, you will go there immediately. If you go to the beach, you will be at the beach immediately, with a cool breeze.

Come and understand.

Already?

This is very powerful, so when you go there, you start to give yourself positive energy.

If you have any difficulties, just give yourself positive energy.

For example, I am very rich and my stocks have gone up. Do you understand?

You have to give yourself positive energy and correct any problems you have.

But you have to speak positive language, don’t talk about the future, talk about the present. I’m doing very well in the company, right?

This colleague is right.

We are very good.

I want to work for the company. I have done it, I have been used by me, I have done many great things in the company, and others have not done it. They will not do it better than me. Do you understand?

As long as you stay like this, I'm a little bit.

Wow.

Your energy and your light are very strong, do you understand?

Oh, this is hypnosis. I came back, so I think Ziwei is hypnotic, and it actually helped me a lot.

So.

My NH is quite strong, so I can speak to 100 or 1,000 people without any problem.

But I didn’t have the words or the shock to push it through.

Well, this is mine, my retirement day.

The best life is when I can grow up with my daughter until college, and then ignore her and not talk to her.

Then you can see that this LOGO was designed by my daughter, who goes to the best and top design school in the United States.

Graduated.

So he is very good at designing. When he was doing design before, he said, Dad, I like to draw. If I talk about drawing, then I can tell everyone about it.

Well, my mother can eat and starve to death when she talks. When I said no, he just did it. He said he did a good job, so.

You don't want it.

I’m telling you that to make money, just invest. Others will succeed only if they do things they are interested in. Do you understand?

Oh, it must be like this.

Okay, does that answer your question?

That is to say, what’s more, the next step is to take off your clothes and take a rest, and you have to find something to learn and do.

Another thing is that in the end, I found that whether it is hypnotherapy or position derivation, you actually have to get it.

Philosophical.

So that I can ask for a professor from the college to provide evidence, you YouTube go to the college to provide evidence.

Professor of the college.

Well, two months ago and two weeks ago, I was going to introduce Socrates at UT Wen Rui. He talked about it on the last day when he was about to die.

Conversations.

That is very shocking, and then you can learn it. The greatest and highest level of wisdom in our life to the end is philosophy.

Oh, then hopefully there is a woman who will keep you safe.

But if you get into it slowly, you will find that there are many things in investment that philosophy can answer.

For example.

Philosophy means that you have to think, speculate, and think for yourself. I think, so all my actions in society are wrong, and they are very wrong.

Outrageous.

And when everyone thinks they are right and you can find out where they are wrong, then you will make a lot of money, you.

Do you know?

So you have to.

Critique.

Only after you know how to criticize can you understand his mistakes. Then after you find out that the market is wrong about his mistakes, then you will make a lot of money, you know?

So you can find out that Tesla is worth 25,000, but you can make a lot of money after selling it for only 400 yuan. Do you understand?

Bitcoin is worth 2 million, but you only sell it for 40,000 yuan. That’s a lot of money.

If you can discover this secret, everyone says that Bitcoin is gambling, and everyone says that Tesla will fail, then make money, do you understand?

So if you want to study philosophy, it will train you to think logically and critically.

Ability.

You have to be critical in everything you do, and you don't want to banish people when they come to talk to you. So I don't like it when people come to ask me about something they hear from the outside, and I say you are.

parrot.

I don’t like you to be a parrot. Don’t take the news you see outside directly.

Throw it to me.

I said, why did you leave LeTV to me?

Because of the 99.99 hot things outside.

Okay, so I actually do it when I retire.

And the more you look at it from a humanistic perspective, from a philosophical perspective, you have unlimited possibilities.

Possibly.

Of course, if you can learn hypnotherapy in Taiwan, you can also learn it by yourself. There are many hypnotherapy videos on the Internet.

Can be learned.

Derivatives only.

Maybe I have to go to class, but the number of folding buckets is quite simple.

You only need to understand poetry and painting, understand durians, and know how to take pictures in big counties.

I'm going to tell people's fortunes tomorrow.

I also work with Sister Kui. From fortune telling to hypnotherapy to financial management, a whole set of life philosophy can be seen from beginning to end, and I can open 4 stores.

The whole room.

OK, this is a philosophy of life.

Philosophy of life, there are many things to solve in life, finance is one, spirituality is another, and philosophy is another. You have to know where you will go when you die?

Is your money useful?

Is money important in this life?

What is the next life?

Can you let it go?

That if not.

Are you willing to live in the next life?

Right?

I understand, this is philosophy.

Problem.

Okay, we can come back when we have time.

Talked.

Okay, is there anything.

Other questions?

Well, please say.

To teach.

As for some methods for children, do you mean teaching them investment or teaching them some concepts?

Okay, let me tell you, I never say no to my daughter, and then she will talk to you about everything.

Don't use authority. Secondly, if he does something wrong, you can be a little stricter. You have to know that I am very gentle, but my daughter will be upset if I have a slightly softer tone.

meeting.

I said JB, you are always looking at the computer, when are you going to achieve excellence?

Don't let me go to bed at 9 o'clock.

OK, you can do whatever you want. You have to go to bed at 9 o'clock.

Then he can't go to bed at 9 o'clock, so I said yes, if you can't go to bed at 9 o'clock today, the computer will be put away from now on. When you finish your homework, you can take the computer with me and I will give you two more. You can go to bed at 9 o'clock. You said you should do your homework earlier.

Done.

When you finish at eight o'clock, you get your computer at eight o'clock. When you finish at 7:30, you finish class at 4 o'clock at 7 o'clock, right?

The United States was very early.

Class is over, so.

You have to reason with him, don't use r's.

9 o'clock, do you want to tell me that you want to go to bed at 9 o'clock?

10 o'clock.

Okay, let's do it at 10 o'clock.

Then no matter what you do, I can ignore you, but if you haven't finished your homework at 10 o'clock, I'm sorry, if you want the computer, put it away first.

That investment means, oh, Jamie, I will give you five dollars a week as pocket money for a month, and he will pay it back, and there will be money left after a month.

I said you have 10 yuan left, what do you want to do with 20 yuan?

I don’t know, I said, you put it in this bucket, and I will change it together. If you exchange it for 5 yuan, I will exchange it for 5 yuan.

At first I didn’t dare to take it away, Dad, I couldn’t see it when I put it in. I said I would give you 5 yuan, and I said I would show it to you at the end of the year for one year.

Wow, more than 300 yuan.

Then I say give you 300 passes.

Hmm, I don’t know. I said, do you want to save it?

Get up?

He said yes, then take it.

save.

boa gave him a little notebook, so cute.

of.

I showed him his monthly statement, and he saw that he had a gross interest rate of 0.1.

I said yes, then what do you want to do?

Do you want to invest it?

Just.

The return is relatively high?

So he invested hundreds of dollars, so he had a blockage account, which is an investment account, so he kept investing.

He also scolded me so much that he would keep investing the money I gave him for Christmas for his new birthday before going to bed. Do you know how much money he has in his account now?

He is now 2025 years old and has 500,000.

US dollars.

It's just change. It costs 50 to put the change in.

Ten thousand dollars.

So don't think about the money, so you have to help your children manage their money. Not only do you have to help them manage it, but you also need to let them see what they say, if you save 100, I will give it to you.

Save 100.

It seems like 3,000 yuan can buy a fund in Taiwan, so as long as he deposits 3,000 yuan, you can buy it for him.

Oh, then if he asks Steven to show him the account, he will feel it.

Later he will chase you.

Eighty-eight, me.

Money, just come in and invest my money just said 88.

You didn't invest my money, so he would be more anxious than you.

This is real and has happened to many families.

When I first asked him to invest, wow, it was so slow. Even opening an account was so slow. He didn’t even open an account. As soon as he opened an account, he started investing. When he made money, he slowly started to chase after him.

Run.

Yes, that's it. I want to educate him to always support your child. You must always support your child, do you understand?

Oh, support him in whatever he wants to do, as long as he doesn't do bad things.

Every time his father helps us travel, but I don’t want to, I say go. If you don’t go, you will regret it in your life, so I refuse him to come back.

Alas, dad really should go, otherwise.

That's it, so you have to support him and don't tell him to want nothing.

no, but don’t say no to your.

children, no.

He is like my daughter, who still talks to me on the phone every week.

When he and I were in Taiwan, every time I had dinner with him, I would tell him stories.

After the phone call, I thought there was Internet at that time, so I told him a story, so you have to keep him in the video HR, that is, you have to keep in touch with him and keep in touch with him.

Talk.

If you don't talk to him, because he won't talk to you, it won't be easy.