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)

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• Previous presentation: 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)
• Next presentation: 00288 2022 First Investment Lesson: A 100 Million Yuan Investment Life Lecture, January 8, 2022, CLEC Investment and Finance Channel (Chinese)

Document Text

45.6 percent. Last year, its price dropped three times. It was terrible. But does it look that terrible now?

We are here in Changlonggui. When I used to give lectures, in fact, if necessary, I would stay at the venue myself and you could just come and take classes.

That.

From ancient times to the present, we Chinese only teach one thing. Your parents will tell you one thing, that is, you must study hard, get into a good university, and find a good job.

This is like the agricultural society in the past, where you were dug up by that Baba at around 3 o'clock, that is to say, hey, you have to farm with me, and you have to learn to farm, otherwise no one will give you the land to farm in the future.

You are the same.

When I taught in the United States, I would tell them: you work in high tech in Silicon Valley, but you are no different from the enslaved Black laborers of the past.

When enslaved Black people were brought to the United States, there was no high tech. At that time, cotton fields may have been the high tech industry, so enslaved people could only pick cotton.

When Asians went there, they also worked in the high tech of the day, building railways. Railways were the high tech of that era. Today, if you are not in high tech and you are not building railways, what do you do?

You go work inside Apple, Google, or Facebook. It is the same: you are still labor.

So if you want to get rich, you must be capitalist.

Then look at the United States. They use capitalism. I can’t say it’s an invasion, but they use capitalism to manage the world. 80% of TSMC is foreign-owned, right?

TSMC's employees are also, in effect, laborers.

Is there any difference in the original sound?

Who is the boss?

Of course, it is the money earned by foreign capital. TSMC makes money. Who should the money be distributed to?

Weird assets?

What about the boss, right?

So you should be the boss, not an employee.

Ha, okay, do we have any problem with this?

Regarding my personal life story, hahaha, okay, that’s it, okay, let’s start. Haha, okay, the first thing we invest in is to have positive energy. This one has no color. Ha, we must have positive energy.

Right?

Wealth is a gift, happiness is a human right.

Why am I talking about this?

Don't think about it.

Hey, I came here today to hear hot stock tips. No, today is not about hot tips.

You need to know there is a wealth equation. The first part is that you need a wealth mindset.

If you do not have a wealth mindset and you think you cannot become rich, then you do not need to attend today's class; you can leave through the back.

From before to now, I have made up my mind that I must be very rich, and I must be the richest man in the world. Do you understand?

After you make your decision like this, your life will keep moving in that direction.

When I left Hongji, I wrote an email to him. The opinion was that I should develop my global finance. Of course, at that time, I was not very clear about the rise of global finance, but I set a goal, which was to be very rich.

Then you must use finance, right?

So wealth is a gift, happiness is a human right, my assets keep rising, the world is very beautiful, all the money in the world is mine, and you will be very happy.

OK, tomorrow will be better.

Anyway, you just have to give yourself a positive statement. I used to urge me. I am a licensed hypnotherapist.

Let me tell you, you must always tell yourself and your children not to use negative energy or negative sentences. No, use positive sentences. You are great, you are very good.

Your grades will be great.

You will find that your grades will be great, but that is not true. Even if he scores 20 points on the exam, you want to say that your grades are great. Do you understand?

Because you said you would be rich, that means you have no money now.

You must say that I am rich, so this is the brain of a rich person.

I am rich, then you are rich.

That doesn't matter. If you want money, put it with others first, and it will flow in later. Don't worry about that. Don't doubt it. You know that we all use affirmative sentences in hypnotherapy, and you can't doubt it. Don't doubt it. This is called the law of attraction.

So my first slide is to show you this thing, because if you have the wrong mentality, you will not be able to have money, especially for us Chinese whose parents or ancestors believe that money is the first of all evils.

What?

Is this money necessary?

Money is good, money is great, I love money, I just love money.

It’s great to have money, do you understand?

If we don’t have money today, can we take classes here?

Is there no way?

So you must have money.

You just want to have money, you just love money, there is nothing you can do about it.

It doesn't matter, people think you are too worldly.

No problem, I am worldly, I just love money, I just want a lot of money.

But when you have money, you can do very spiritual things. For example, the class we have here today is a very spiritual study.

Well, this is different. You can use your money in the right place, but you must have money to do anything. Now in capitalism, if you don’t have money, you can’t do anything, right?

It doesn’t matter how much love you have, do you understand?

It's no use.

Oh, what will you do with money?

Then you decide.

But let me tell you, you have to have money first, you have to have money first. What number is this?

1 billion ha.

1 billion is the basic dollar, do you understand?

You will have 1 billion for the basic model, and I am sincere. I was not born as Wang Yongqing’s child, so how could I have an appetite?

I just have it.

How come there is?

What I am telling you today is that you will have it, and you will have the brains of a wealthy person.

Today, we don’t have to work hard to have this money. Capitalism is there to make you rich, but we Asians don’t have it. Sometimes when I talk to people about investment, I say, eh?

When I say I will teach you investing, he takes one step back. When I say I have a way to make you wealthy, he takes two steps back. If I keep talking, he leaves. He is afraid I am some kind of scammer.

I want you to raise your head and say 1 billion U.S. dollars. You have 1 billion U.S. dollars. How do you feel?

What do you want to do?

What is your life goal?

If you say I have a private domain now, I don’t know what I want to do?

That's not possible. You have to start thinking, you have to start thinking, what should you do with 1 billion US dollars?

Come back today and talk about your life goals?

Did you have any goals in life when you were a child?

If you don't have one, then you can set it now. You need to set goals for the year.

So let me say that you have 1 billion US dollars, what is your goal now?

I think it should be different?

When I asked before, he said that as long as my family has enough food and clothing, I eat well and sleep well.

But when you have 1 billion US dollars, you may not sleep well, and you may not know how to use this 1 billion US dollars, so you will definitely have this 1 billion US dollars, but you have to think about what I will do with the money. If you don’t think about it clearly first, it may harm you when you have money. Do you understand?

So be sure to think clearly.

But no matter what, if you have good intentions, you must be upright.

Right?

Don’t cheat, don’t hide, be aboveboard, this is the only thing you must do, otherwise money will harm you.

Therefore, I have always been upright and upright in my life, and I will not invert what I say at all, but be consistent. Otherwise, if so many students say things differently, then I myself would go crazy.

Okay, so, you have to think about it first, what will you do when you have money?

This is very important.

Most people work hard to make money. Every time I catch Uber, I tell them, but everyone is working hard, especially the young ones, especially the Uber ones. I think they are working hard, but hard work is useless. Hard work can only make you eat, and see if you can be full. And then you will not be rich if you work in the field, and you will not be rich if you commute to and from work. No matter how many jobs you do, you will not be rich if you earn 100,000 a month in your life.

If you calculate it year by year, it will be 1 million for me in one year. If I don’t eat or drink for 10 years, it will be 10 million, right?

What can you do with 10 million in 10 years and 40 million in 40 years?

Taipei can’t even afford a house, and they don’t have food or drink. Do you think this is right?

Of course it’s wrong, you can’t, you can’t keep your head down and work hard, do you understand?

I must have another way.

Why do some people live in luxury houses?

Doing nothing, that’s how I am.

Why?

Then of course they won't come to teach you. I'll teach you, and you can do it.

OK, so you will be rich.

But you can't just think about working hard. Your work is your interest and your job is service.

Ha, that is to say, when should you regard your job as serving your company, your employees, and your customers?

The purpose of our life is to serve, so we must serve to be happy.

I come to class today, thank you very much, because I can come to serve, right?

Otherwise, no one will listen to me, right?

Only those few thousand people in YouTube.

Right?

Okay, so the first thing is to abandon labor. Human labor is the labor mentality.

We go to work to serve, not for money. If you do it for money, you will be in pain. Then once you lose your job, you will be like a million people, right?

Alas, once the salary is cut, your year-end bonus will be reduced.

Yes, just sighing every day, that's not good.

So how do we change from workers and farmers to capitalists and landlords?

If you want Tiancan to change, how can you change?

If you are a shop farmer and you only know how to farm every day, and after you have done so, the landlord will give you 5 bags of rice, then you can go home and eat some, and then plant again the next day, then you will always be your husband, and you will always be a shopkeeper.

But if the landlord gives you 5 bags of rice today, you will keep one bag, and you will keep one bag every month.

If you only have 12 eggs a year, sell them to them, and buy one for him every two years. Buy a small piece of land next to the landlord. Not only will you help the landlord cultivate it, but you will also cultivate your own rice field. Then in the second and third years, you will be given 5 bags per quarter, and you can harvest one bag yourself, right?

So you have 6 bags?

Then even save the landlord's bag for it, and if you eat 4 bags yourself, you will get two bags.

In the second year, you could buy a piece of land in two years, but now you can buy a piece of land in one year, right?

After that, you can buy a piece of land every six months, right?

Then you can buy a piece of land every three months, right?

Then you can buy a piece of land every month, right?

In a few years, you will kick the landlord away, and you will say that I own the land myself. This is the way to change from an electrician to a landlord.

So if you were working at TSMC today, you would be working to death. After working for 40 years, would you still be your husband?

After 40 years, there will be no salary, right?

Of course, after you receive your salary in the first year, you can use 100,000 to 200,000 to buy TSMC stock. Buy it every year and keep buying TSMC; there will also be stock dividends and cash dividends.

So if you originally had a TSMC certificate in the first year, and you bought another one in the second year, you would have to pay two 200-share certificates.

In five years you will have six, right?

In ten years you will have about 15, right?

Then if you accumulate the last 100 cards like this, what if he loses three times after you get 100 cards, right?

Then three TSMC?

If TSMC costs 700 yuan now, then one chip costs 700,000, and three chips cost 2.1 million. Then you can go home and cross your legs like this, right?

Then if you don't buy TSMC and keep working, then after you turn 40, after 6 or 40 years, you will have nothing, nothing. There are old people now, right?

You are the laborer. Once your labor stops, you will be gone.

So don’t spend all your salary when you are young, because you have earned that salary with your life and time. If you spend it so easily, it is not worth it, it is not worth it, and it shouldn’t be.

So young people want to save money. Every dollar saved is a dollar, so you have to take good care of your own money and buy a field.

So now that there is no land, you just buy stocks and good companies. What about the land when you wait?

If you are old enough, you can retire at the age of 40 like me, live a happy life, do whatever you want, and have Sunday every day, right?

Sleeping until you wake up naturally, counting money until your hands cramp, yes, that is so happy, right?

That's why you became a capitalist. Then you have to examine your landlord, your husband, and your computer before buying assets.

I wouldn't advise everyone to buy a house, but the rate of return on a house is not that of stocks.

Do you understand better?

If you watch my videos, you will know that a house is an investment, but it is not a good investment or a good investment.

Construction companies and e-commerce companies are good investments, but buying a house is not a good investment. Land speculation is a good investment, right?

But buying a house is not a good investment for you, right?

Then, if you watch some videos, you all know not to buy insurance, and if you buy insurance for three lings and five liters, you will definitely become poor. Do you understand?

The rate of return of insurance is 0. Unless you are looking for death and want to retire, then you can get compensation. The rate of return exceeds 3.5. Do you understand?

Otherwise, if you buy insurance, you are cursing yourself. Why are you looking for death?

You said you won't get anything in return if you don't seek death, so why do you do this kind of thing?

We have YouTube and there is a position in it. He gave me his payment. He paid 12,000 US dollars every year for the first eight years. After that, each person paid 8,000. After paying for 30 years, I asked my teacher. At that time, after 30 years, I can get back 240,000 US dollars.

Otherwise, if I die at that time, I can get back 500,000. What is my rate of return?

I calculated it for him. If he paid that much, he would have paid 260,000 in 30 years. If he took it back after 30 years, he would only be able to get 240,000, which would be a loss.

If he happens to die in 30 years, the return rate will be 3.6, which is less than our investment index.

If you have seen the video, it can be said that Apple, not Apple, SPY also has an 18-year return rate.

Then if you invest in real shooting rate of return.

That’s 1.76 million US dollars in 30 years. What is 1.76 million US dollars?

If we take real photos of you, you can use real photos every day, that’s 170,000 US dollars. 170,000 US dollars is NT$5 million, which is a lot of money.

I understand, so no matter what happens, the most important thing is to rely on yourself. It is not safe to rely on others. Do you understand?

You have to rely on yourself when investing. Don't think that insurance is just a professional, it's not reliable.

Capitalists use money to make money, borrow money to make money, get credit cards for cold storage, credit cards for emergencies, and credit cards for emergencies. Do you understand?

Then you may not know much about borrowing money at first, because you are not familiar with investing yet. It is really not good to borrow money, and you don’t dare to borrow money.

Let me tell you, if the central bank wants to lend me all the money, I will borrow it all. Now the interest is only a little more than 1.31.5, and I have borrowed it all for 1.31.5. I estimate that I can buy HPY for 1.65.

Just pay interest.

Let me tell you, if I were the Minister of Finance of Taiwan, after 20 years, everyone’s tax rate would be halved slowly, and after 40 years, everyone would not have to pay taxes, and they would still be paid salaries. Do you understand?

Why can we, the people, retire, but the country can never retire and keeps taxing us? That means we don’t know how to manage money, do you understand?

His country has taxes, but after he earns them, he spends them all. He turns the entire Taiwan into electric farmers and laborers, and that country only knows how to spend money.

If he takes this money, let alone half of it, he only needs 15 PERCENT to save it and buy index funds around the world. In the end, in 40 years, all of Taiwan will retire. Do you understand?

Like humans, we humans can work for 40 years and retire. Why?

Why can't the country retire in 40 years, and TSMC doesn't have enough money? So this is the difference between being able to manage money and not being able to manage it.

That doesn't matter, then let's live our lives and we can't care about other things.

Well, this is the fate of a worker, to work hard all the time.

Then you help the boss make money, and you pay for it with your life.

For example, you get up at 8 or 7 o'clock every day and go to work at 9:30.

You pay taxes to help the country make money, and you buy houses and take loans to help banks make money. From the beginning to the end, you have never made any money for yourself.

Because you buy a house or a big car and only enjoy material things. If this is the case, will you always be a pauper?

Because if you don't do it for others in your life, do it for others; if you don't do it for yourself, do it for others.

Finally, you go back to your boss and say, my son has just been born and I don’t have enough money now. Can I get a raise?

You're going to no end because you figured out where the problem is?

Most people have blindfolds here.

I remember I just graduated and got my first month’s salary. I was the richest. After that, I didn’t have enough to spend. My friends didn’t spend enough. No matter how much I got a raise, I didn’t have enough to spend. Because we just paid taxes and started consuming everything ourselves.

Regarding this issue, let me remind you now, that is, the sooner you prepare, the richer you will be.

Rich me, my wealth cannot catch up with Buffett, unless Buffett himself makes a mistake, he invests and tells me to do it, and always does it right, your wealth can't catch up with me, because unless I fall down, I make a mistake, otherwise you will think it too.

But it doesn’t matter, you are just passing from generation to generation, right?

Buffett will die eventually.

Yes, if he dies, then I will be replaced, right?

Then if I die, it will be your place, right?

So it doesn't matter, you can't help it. Today, if a person with 10 billion yuan only needs to increase his capital by 10 billion, it won't be a big deal if he increases his capital by a hundred times.

Hahaha, one trillion, 10 billion plus one hundred billion, one trillion?

One trillion?

Ten million is a lot for you, how much more can it be increased a hundred times?

100 million, I have 1 trillion, if you give me 100 million, I will pass out with you with just 200 million.

Will you never catch up with my sister Li Jia’s information?

Then why can't you catch up with me?

Because I invested early and you are only hearing about it now, you won’t be able to catch up even if you want to.

That doesn't matter. If you ride slowly and run slowly, you will still be able to fly. You have your time, right?

Buffett is already 90 and has only a few more years to live.

Then you don't care about him, right? Youth is your capital, do you understand?

I also earned through time. In 2004, I earned slowly over the past 30 years.

When I first opened an account 30 years ago, do you know how much money I had in my account?

It’s 1,000 US dollars, so don’t think it’s a small amount of money. If you multiply it by 1,000 times, it’s enough. It can be a lot.

If you have 10,000, you will get 10 million, and if you have 1 million, you will get 100 million?

One million is not enough to buy a car, so if you buy one less car, you can retire.

Did you know?

Did you know you can retire by buying one less car?

Don’t buy it for 1 million. It will be 45 times that in 40 years. 45 million is enough for retirement in Taiwan. Do you understand?

It can be 4.5 million a year.

Then if you buy a car with 1 million, after 10 years, if you drive it longer, you will have to find another 1 million to buy a new car in 10 years, right?

But for those who invest, 1 million will be generated in five years, and another 1 million will be generated. After five years, if I buy a new car, I still have 1 million. I can always buy a new car in five years. I will never have to change money again, and I will always have a new car.

Another person has to find another person every 10 years and spend a new million to buy a car. Do you understand this difference?

Therefore, don’t spend the money earned by young people first, save it first, and then spend it when it grows up. You will not be able to spend it all. If you spend it too early, it will be gone after you spend it.

That is to say, you don’t want to kill the hen at the beginning. Yes, the hen will give birth to chicks. After the chicks grow up to a good group, you can kill another one to enjoy it.

Yes, but if you kill the hen at the beginning, you will always be looking for diamonds.

Does that hen understand?

Well, this is a world of mice and dragons.

If you can't escape the world of Rat and Dragon, you will be imprisoned for life.

So how do we leave?

I'll try Life Sentence. Let's take a break at four o'clock and delete it at three o'clock.

Well, we thank 145014.

Okay, two fifty-five, let's take break.

Okay, so if you want to get out of that mouse cage, the first thing is to save, and then there is no investment. Just like that computer, you must keep the rice and then buy land.

Then you say that working people need to buy stocks and invest in the capitalist market. There is no other way, which is to buy stocks and become the boss. You should not start your own business. Starting a business is too hard.

When ASUS asked me to go, I wouldn't go. If a few of them wanted to start a business, I wouldn't go.

They all want to sleep on the floor, but I don't want to. I'd rather sleep on my sofa, not on the bed, but on my pop-up bed.

OK, okay, so you must go out, young people, you drink a cup of coffee, 100 yuan, I said, how can you drink coffee with 4,500 yuan?

4,500 yuan is 45 times in 40 years. If you raise 1.1 to the 40th power, you can calculate it yourself and it is 45 times.

So if you go out for a meal today for 1,000 yuan, I would say you spend a total of 45,000 yuan for a meal.

If you go out for a trip to Europe for 20, there are 100,000 in Europe now, which is 80,000, and I used to go out for 80,000, so 200,000 is easier to calculate, and 200,000 is easier to calculate, then you will always have 9 million to go out for 9 million?

Then you should already know the principal of retirement after playing two games, right?

Then if you buy a car for 45 million, you have to think about it. It is a waste of money to spend it like this.

But people like me must spend money. It is immoral for rich people like me not to spend money. It is not good for you to spend money. It is not good. So if you save a dollar, it is a dollar, and if I spend a dollar, it is a dollar. It is different.

Okay, you have to have money.

The first one is of course not born with a main cause, so you have to work hard.

Save money and save money is the first step.

Finally, you have to use the power of money to make it grow, and make the right investment, because all of our money in Taiwan has been done wrong, and financial institutions and banks have used it to buy insurance, or to buy bonds. Let me tell you about capital preservation and review.

Do you want to see if you can make money by borrowing money from others?

Have you ever seen a person borrow money from others and become rich in the end?

Have you ever seen someone become rich through a counterattack?

No, it is possible to become rich only if you start your own business, or if you are an investor, or if you are not caught trading, then what else is there, right?

That’s it, OK, so you have to have money, you have to invest, then you have to invest, and you have to learn.

Then it means that if we don’t have spiritual energy, we can’t have money. How can we say that?

Oops, every time you buy a stock, you are afraid. Once you buy it, it will fall. If it falls, it will fall when you buy it. You see, this is not true. Every time someone buys it, it goes up, and every time I buy it, it goes down. What is that called?

You don’t have enough energy. If you listen to more of my videos, the stocks you buy will definitely rise sharply. Do you understand?

Even though it's soaring, I don't see my stocks falling.

Although it has fallen by 70%, we are looking at things that are very far away, so short-term declines are not. I don’t know, I will not feel the decline. I only remember that I will rise, and I don’t even remember that it will fall. So why don’t you buy stocks and sell them?

Don't sell it unless you buy it wrong from the beginning, right?

The first thing we do when buying a stock is to think carefully. If we buy it right, we will kill him or not sell him. If we get married, don’t we need to divorce?

When you buy stocks and say you must sell them, you are asking me to get divorced if you get married. Are you saying that you must choose your spouse carefully?

Isn't it?

If you fight to the death, you won't get a divorce, right?

You must be like this to get married.

Then you are.

I've seen it all, but it's not easy to compare.

If you act like this, you will have problems with buying stocks. Do you understand?

If you don't sell it to death, then you will be very careful.

Then you have to know that you won’t sell it until you die, do you understand?

It can't be right. When people hear a famous brand, they just buy it for them. They buy here and there, and they don't understand it.

No, don’t buy if you don’t understand.

You must not understand what Li Zhuan told you not to buy. You also don’t want to buy insurance. You haven’t understood it either, right?

Even if you think you have it figured out, you are only scratching the surface, and you don’t know that the insurance company will change your appointment every year. You thought it was a treasure, but you ended up having an operation to get it, and then our contract was changed.

I think most of them are like this, do you understand?

Okay, so you must improve your spirit, and you know that your investment must be done right. The first thing to invest in is to make the right investment, and then the money.

Will you understand it when you grow up?

I have never worried about the ups and downs of the market. I just keep making money when I buy. I only see that the total assets in my account keep increasing, and they keep rising.

So why should you buy the right one?

Today I’m going to teach you how to buy the right one. Buying the right one is actually very simple, but not easy.

There are two difficulties in investing. The first is to buy the right thing, which is not easy. The second is to hold on to the idea of not starting or selling.

These two are not easy. If you overcome them, your investment will be successful. But to do these two, your mental energy is strong enough, because you got to believe what you are doing.

Do you understand?

What are you doing?

You have to know, you have to believe that if you don't use your mental energy, you are just a human operator. If someone says to chase you, chase you. If someone says to run, run. Alas, you will always stop the loss. How can you make money by always stopping the loss?

If you say stop loss forever, then you are you. If you say stop loss, then you will always lose 18, right?

It’s useless, stocks that will rise will definitely fall, because they rise as they fall, yes, you will never be able to hold on, because it will also be washed out, and you can live a simple life.

I’m not saying that you live a simple life. If you want to be first class, just be first class.

What?

Are you rich?

What are you afraid of?

What I call a simple life is a kind of mentality, a spirit, a mentality, and a spirit.

If you think it would be more comfortable if you do it this way, just do it.

It doesn't mean that you can't do first class, or that you can't have a big meal. You can do it without you feeling comfortable, but you don't want to order 5 steaks for him when he can only eat one steak. If he eats the rest, he throws it away.

OK, but in the final analysis, you need to feel comfortable mentally. If you want to feel comfortable, then everyone is different. Everyone is different, so.

We need the market to help us make money, and banks are just a channel to make money, not that you are deceived or fooled by them.

Never listen to what bankers earn, because what kind of life do they live and why do they get high salaries?

Why are all the banks on the main road and in Jinhua District?

Moreover, the banks in Taiwan are all the top five financial holding companies, and they all make a lot of money?

With tens or hundreds of billions of dollars, why can he make so much money from us?

Doesn’t he serve us?

So why do they make so much money?

I should stipulate that they cannot make so much money, right?

What's this called?

They are exploiting us. People often tell me not to say it that way, but I still cannot help joking that it is no different from a scam ring, right?

Because he didn't tell you the truth.

Yes, so.

Okay, after we finish saving money, we need to start making atomic bombs, which are the atomic bombs of wealth. You must have raw materials. After the raw materials are used up, and you start to want to make them, then he will be very, very big if he knows how to make it.

This is the American index, the American index.

From the lowest point, it is 9.2, 9.29, almost 19.29. It was 191941. It was 9.2 points in 1941. You told those people in 1941, let me tell you, I expected the stock market to rise to 35,000 points or 3,500 points. That person said that your efficiency improvement was crazy, right?

At that time, people could not imagine that the market would rise to more than 3,000 points. Then, from 1941 to September 2020, SBY rose to 3,580 points. Do you know what the current SBY points are?

3,824 points, which has increased by more than 300 points since September last year, and has increased more than ten times, and this is the index that is least likely to rise.

SPY is the least likely to rise, because the stocks in it are Disney, PGNE, or some pass stocks anyway.

That’s the real investment I’m telling you about is QQ q. Isn’t that different?

Different, different.

So for such an ordinary index, it rose 3,240 times in 1979, not 352 times. It rose 352 times in 1979, and the annualized rate of return was 7.7. If you add dividends, it would be 9.7.

So why do I often use the return of 10 PERCENT as an example?

That’s the most conservative one. Just 10 percent would give you 45 times 40 years, right?

45 times 40 years, that’s enough for you to be rich.

Then we will have a better way to make you rich next, right?

Then if you just do this, you will have 45 times a year. Then this is the prototype of the atomic bomb. If you don't put your own raw materials into it, then it will fly up like this.

Got it?

Don't listen to other people's nonsense, don't listen to those investment consultants talking nonsense on TV, predictions, predictions are fucking stupid.

This is just the way it is, why do we need to predict?

No, I just keep rising, so why does the market keep rising?

Does anyone know why the market keeps rising?

Why does the market keep rising?

The value of the market is accumulated. Is our entire human industry always undergoing reform?

Are we humans always making progress?

In the past, cars were enlarged and turned into cars, trains, high-speed rails, and airplanes. Is there progress?

Yes, the value of a company called Taiwan Railways in the past was different from the value of high-speed rail now. So has the total value of Taiwan as a whole increased?

Is there any?

So if you invest in the entire Taiwan, will your total value increase?

There is also an extra TSMC in the package, right?

There is one more Denko, and there is one more MediaTek.

It’s not like before. These things didn’t exist 30 years ago, so why do they exist now?

Then is your investment in Taiwan more valuable than before?

This is how the value comes. Then why did the United States only have steel Ford before, but not now? Now there are Tesla, Apple, Facebook, Google, and so many good companies. Then the entire value of the United States has come out.

We don't know what will happen to him in the future, but we only know one thing. We humans will only continue to innovate and grow.

Then this picture is the growth trajectory of our human beings. Do you understand the meaning?

At least this is the growth trajectory of the United States, which is steeper because they grow faster and innovate more.

Then maybe this is not the case in Taiwan. Maybe only weird people understand the angle?

That doesn't matter. Is that the overall comprehensive growth rate of Taiwan?

Then just invest in this. You don’t have to worry about which company is too small. No, just buy it for the whole country. Then you won’t be wrong.

You said, then do you think it is okay to buy globally?

Of course, but the United States is still the fastest growing place in the world.

I don’t know if it will happen in the future, but the current situation of Hanzhai is still like this. If you look at the Internet, there is no one in Europe.

Yes, there is no one. There are a few in China and 0 in Taiwan.

So what did you say you wanted to invest in?

Of course you invest in America, right?

Investing in the United States, I don’t know if I will invest in other investments in the future. At least for me so far, investing in the United States has the highest return rate. Although the United States has a lot of poor infrastructure, we are not investing in infrastructure anyway. We are investing in QQ q high-tech.

Oh, okay, this is to remember that you must have confidence in the future, do you understand?

Investment is this picture. This picture is the resource of all things. You are all the investment. If you come back and look at this picture when it starts to waver, will it keep rising?

There may have been a crash here, and there may have been a crash here. Look at this, this is normal.

This is 2,000 years, which is nothing. This is 2008, which is nothing. He just went up.

What's there to be afraid of?

What's there to be afraid of?

Don't be afraid.

If you are afraid, you will lose money if you sell at any time, so I often say that you will start losing money as soon as you sell stocks, and this loss is not just for one or two days, but a lifetime loss, you know?

Your whole life, right?

He keeps going up all your life, and you keep waiting, love, love, love, love, you will love, love, love for the rest of your life, and you will never come back, do you understand?

Don't sell it, or you will throw away the lottery ticket of opportunity.

Then what you need to make sure is the lottery ticket, so it is very important to buy it right. After you buy it right, don’t buy it, but talk about it.

This picture tells you why you should invest in stocks instead of others?

This is a stock, the same, in 1801, 200 years ago, how much was a stock worth 1 yuan in 1801?

How much is 100?

This one is 750,000, go up to 750,000, OK, clear, come here, goodbye.

Do you understand 1,000 yuan?

National firmware 301, what is a treasury volume?

What is a bond?

Can you tell the difference clearly?

You may not know that Treasury bonds are short-term, longer-term bonds are bonds, and 10-year bonds are bonds.

The short term of 5 years is note a note, OK. Then gold is only 90 cents per piece. Gold can only maintain its value, because you only need to treat it as a reserve. It can only maintain its value at most, and it cannot exceed its value, right?

It's just about preserving value. Preserving value means you can increase the value as much as you have the same money, so it's just about preserving value.

Then if you put the cash under the bed, there will only be 0.06, so the cash.

Yes, it is the color that you listen to me evolve.

The less cash the better, the less the better, what you can pay is the best.

The payment is not asking you to use the money to spend it, but to borrow the money to invest.

Borrow money?

If you own real estate, you can borrow money. I encourage you to borrow money. This money is really cheap.

If you don’t have a house, you should take out a mortgage and lend out the money. The interest rate in Taiwan is only about 1.5 yuan now. It would be great to earn that 10 yuan by borrowing it, right?

Well, since you have agreed that you can repay the counterattack, then Taiwan has a grace period of three years, then extend the grace period, and ask him to extend it for another six years. If he says not to extend it, then change the bank. That's it, right?

You want to eat the bank's tofu, don't let the bank eat your money, don't you even know how to steal your money?

And you just say you can borrow money if you can, because money is too cheap, and because borrowing money is hot and can be exchanged for gold, why do you have to do this when it is so easy?

Borrowing money in exchange for gold means investing in stocks. Do you understand?

I think I am the only one in the world telling you this, that is, I am telling everyone about borrowing money to invest.

Well, I told you to borrow money to invest, but that money cannot be used by others, right?

I'll call you back anytime.

If you say you are using a house loan, you will not be asked to repay it temporarily. You only need to pay the house loan regularly, right?

Okay, so the best investment is stocks and nothing else, nothing else.

There is virtual currency.

In our video, we talked about Bitcoin for two weeks. Next, we will talk about this thing in the next two hours, because I have to build the foundation. Bitcoin is a good investment, and I made 50 profits in two weeks.

Okay, will it go up again?

meeting.

Okay.

Okay, let's do this first, then don't buy insurance, don't buy bonds, don't buy real estate, what do you want?

reached?

No, you just need to remember one thing, borrow money from others.

Then you are the Beihou Yelang who only earns interest from your investment, so you cannot be rich.

Then if you will be rich like this, why would anyone start a business?

Why take the risk, right?

He is a fool, why would he borrow money to take risks?

If you borrow money from others, you will become rich.

Do you understand that he has gone crazy?

So you won’t get rich if you borrow money from others, and you are also being asked for debt by others. Is it possible for you to understand?

Don’t think that you’ll be fine if you buy bonds. There are a lot of high-yield bonds, what kind of bonds?

What debt?

The most disgusting thing is that the interest rate is high when buying United South African currency. Do you know what the high interest rate is?

Anyway, his interest is 12%, but if he sells you 8%, you will be happy that he earns 4%. Anyway, there is no risk.

The flat wallpaper is your family's problem. Do you know this time?

So the bank takes the risk of defrauding the assets of our people, and it only earns the difference in price, with no risk, OK?

Not good?

So you need to know what the name is, and don’t do it. It’s just insurance. Don’t buy it. Don’t buy bonds. As long as the bank tells you about capital preservation, then run away. There is no world without capital preservation, right?

He talks about capital preservation but not capital preservation.

Then what?

If we really protect our capital, there is no need to talk about it. If a country says every day that we should be filial to our parents.

I think this country must not be very filial to its parents. Do you understand what this means?

If that was a matter of course, would you still say it?

Needless to say, everyone can do it, and of course this is called morality.

We have bought it now, what should we do?

What do you buy?

If you surrender or surrender your insurance, you will be charged as much as you want. Otherwise, if you continue to cause trouble, you will not be wronged.

Does the insurance mentioned before refer to investment-type payment?

General like medical insurance?

Well, those are two things.

OK, let me tell you about investment insurance policies in Taiwan, which are even worse.

OK, he didn’t invest a lot of money.

OK, don't go for insurance, just invest, just invest. There is no such thing as an investment policy, it is just a wolf in sheep's clothing, because if I tell you, investment policies make you feel more at ease?

Well, it is just an investment policy. In fact, 80% of it is a friend who paid for it for a year. When he wanted to redeem it, he said, oh, no, if you want to stop it, it will be 0, because it is gone. The commission will be all taken out in the first year. What you paid in the first year will disappear, and it will disappear in the second year. Only in the third year will you have a little bit left for yourself, okay?

Very abominable.

So if you have already insured, I tell you that it is absolutely cost-effective to stop.

Someone pays 20,000 in one year and 20,000 in the second year. Do they still have to pay in the third year?

I said not to pay, but he said that if he didn’t pay, I paid 40,000 and could only get 20,000. I said to get 20,000 back as soon as possible.

He said that if you pay 30,000 yuan, you can get 420 US dollars per month after the third year. Isn't that good?

I said I would calculate it for him. His return rate after 30 years would be 1%.

One percent.

But he said not to mention it in the third year, but to get it back at 22,000 yuan. If he invested it, the return rate would be 10%. After 30 years, his total return rate would be 8%. Do you understand what this means?

So if you use your output value now to make the right investment, you will be rich in 30 days.

If you continue to keep it, you will just make a lot of money. What will happen?

It's just a loss of money. Don't you understand if you calculate the same amount?

Stop paying premiums.

Tomorrow is the first day of the month. Go to the insurance broker. Don't go to the insurance broker. The insurance broker will tell you. Go directly to the insurance company and tell you that I want to cancel the policy. Don't go through the broker. The broker will not help you.

We, many of my friends asked him to apply for it. He said that he had been looking for insurance, but the broker kept explaining to him that he didn’t want it anymore, that he didn’t want it, and that he would never help him apply for it.

I say you go directly to the insurance company, because the insurance company’s back-office staff have nothing to do with it. If you want to refund, you can refund it, because it has nothing to do with its performance or its commission. If you don’t want to refund, then refund it.

So you go directly to the insurance company’s head office to find out?

Insurance is a kind of damage disaster to your finances, do you understand?

Therefore, before I want people to successfully invest, I must tell them very forcefully to cancel the policy as soon as possible and do not want insurance.

Because you drove the wrong car in the wrong direction from the beginning, and the more you invest in it, you will never be able to turn around in your life.

You were going to spend it, but you still spent it on yourself. Didn’t you understand anything when you took out the insurance?

So this is good, are there any problems?

Did you have a problem just now?

Buffett is the only one in the world who can make a lot of money through investment and turn it into a down payment. You said he is very powerful. Take one of the top ten richest men in the world. Which one is made by a professional?

Is there any?

If he is very powerful, can you calculate it as a down payment?

Nope either.

So Li Zhen or Gu Yunyang are both liars.

No, you must be doing something wrong.

Something went wrong.

What's wrong?

I don't know.

For example, if there is one, several, or several of the world's richest men, they all do it because of financial management. Morgan Stanley or Cathay Pacific, or some company or bank helps them manage their money and make a lot of money, and they become the world's richest man. That's right. If you are so powerful and powerful, then there will always be one in the world who doesn't even have one, and then there is a problem, right?

You have to run out at least one space, so this can only be explained by trying, so they cannot.

So if you can’t make someone rich even if you give them money to manage their finances, then you shouldn’t manage it for them, right?

And the more you take care of it, the less you understand, do you understand?

So leave that alone, that.

The real financial manager in Taiwan asked him to buy some kind of capital-guaranteed review linkage bond. In the end, the money was gone, and the money was gone. This doesn’t just happen in Taiwan, it happens everywhere, and it’s more serious in Taiwan.

Because the surveillance system in Taiwan is both banking and insurance, and the side donation fund donates everything, so when they see you have cash, they will give it to you. If you have tax, you can buy insurance, and if you have tax, you can buy bonds. If you are interested in buying it, who will buy it with baby?

Anyway, that’s how much commission you get.

OK, so if you are the first to succeed, you must first fight against these jackals, tigers and leopards. It is very difficult, very difficult, because if you did not come to class, you would all be eaten in the jungle any day. No one will be angry, do you understand?

Very little, so you also have to detonate the atomic bomb of wealth.

Compound interest is considered to be the greatest power of mankind, what do you think?

Isn't it?

One million becomes 45 million. That’s powerful enough. That’s enough.

So do you think compound interest will increase more than 50 times in 20 years?

Is it more than 40 times Zhang Wu in 20 years?

A lot.

But let me tell you it’s very common. As long as the annual return rate is 28, it will increase 50 times in 20 days. Do you understand?

QQQ Did it increase by 58 last year?

Isn't it an increase of 28?

Tesla has increased by 58 and increased by 700 PERCENT. So far, it has increased by 1001,000 PERCENT, which is ten times.

If you watch my video, I asked everyone to buy Tesla in December. If you watch the video in December 2019, it went from 700 yuan to still last week. I also said that Tesla will continue to rise, and it has increased by more than 100 yuan to 150 yuan today.

I'm not saying I'm good at guessing.

No, I don’t know yet.

I have no idea how it will rise, but I know it has value, do you understand?

Then of course you can learn how to evaluate the value of a company in the future. Then I teach you how to evaluate the value of a company in the video. The first thing you don’t do is calculate your value, which is the business model, right?

It's very simple for you. If you want to open a store, you first need to get in with the accountant.

Oh, isn't it?

You first ask the chef if your noodles are delicious?

Right?

If his guest is here, will he come again?

If there are a lot of queues at the door, it must be good, right?

If he doesn't even arrive at the door and there is no one queuing up at 12 noon, there is no need to invest. No matter how good the financial report is this time, there is no need to invest. Do you understand what this means?

So if you say you have an iPhone, do you think the iPhone is good?

If he shouts "Die Ha", I tell you, go sell the apple as soon as possible.

If everyone says it’s a lousy thing and you sell the Apple as soon as possible, me, every time I first started buying Apple, I just stood in front of Starbucks and looked at it from beginning to end, and all the phones they had were Apple?

They are all apples, especially in the United States, almost all are apples.

So, don’t you need to read the financial report to understand this?

You don’t need to look at financial reports, so when investing in individual stocks, you have to look at it this way, not like those analysts, what kind of quantitative and sample analysis, what kind of analysis?

That's useless, that's useless investing in the ivory tower. Investing is very simple, just try.

OK, if you want to invest in Tesla, you must either drive it yourself, or ask someone who drives a Tesla if it is good. Do you understand?

Hey, will you buy a Tesla next?

He said not only to buy it, but now I want to buy three of them for my family.

That’s great. I mentioned in the video that I bought a Tesla. In December 2019, our classmates came to have dinner with me, and three of the dozen or so people bought a Tesla.

Three, four, and five years ago, not one person in the class bought a Tesla. Now, out of a dozen or so people, three buy a Tesla, and one family even buys two. They keep asking me to buy one, saying that you must buy a Tesla.

I said okay, then I would buy stocks first, and I said I made a lot of money.

After earning 100 Teslas, I can just buy one. Do you understand?

So this is what individual stocks are like, let’s not talk too much about it, just so that you can know that investment is like this.

Okay, this is if you invest 20,000 yuan, 20,000 yuan a year, what about US dollars?

20,000 U.S. dollars is 600,000, which is 50,000 a month. Then you may not have that much money, but it doesn’t matter. Let’s look at it this way, 20,000.

In the second year of actual filming, the 20,000 in the first year will be replaced by 22,000, right?

The next step is 22, and in the third year it will be 24,200 yuan.

After 20 years of investment, your first 20,000 will become 122,318. This all adds up to the total of your investment for 20 years, which is more than 11,445,000. Do you understand?

20,000 per year, more than 1 million in 20 years, 20,000 per year, if it is NT$20,000, how much is it per month?

Less than 2,000?

Then if you want 5 million, change it to 5, which is 6,000 yuan.

If you make 6,000 yuan a month, it’s 5 million for you?

It will be 5 million in 20 years, Taiwan dollars, that’s it, you can understand it a little bit like this.

Okay, if you continue to invest, your first 220,000 yuan will become 820,000 yuan in 40 years. Do you understand?

It will become 820,000 in 40 years. Then when you add it up, it will be 7.7 million in the first 20 years. Add the more than 1 million in the first 20 years, which means it will be 8.85 million in 40 years. If it is US dollars, it will be 8.8 million US dollars. That is a lot, right?

If you have Taiwan dollars, it only costs a few thousand yuan a month. In 40 years, you will have more than 8 million.

Taiwan dollars, then you said it would be 16 million for a double abroad, right?

Is it difficult?

Not difficult.

Let me tell you about the 16 million. Many people have reached the age of 60, and many of them don’t even have 16 million now. They may have a house, plus one or two million in cash, and that’s it. Many elderly people are like this.

What is the situation of the 16 million?

16 million means 1.6 million a year?

One hundred thousand a month is enough to spend.

Okay, at least I can live a good life.

So no matter what your salary is in Taiwan, if you save 300 yuan or 3,000 yuan a month, you won’t have to worry about retirement.

So if you are unable to retire, or, ha, I say this, it must be your own fault. Every mistake is your own fault. It is not your parents’ fault, nor the country’s fault. It is all your own fault. Then people who know will do the right thing, understand?

Oh, so I don’t care how much you invest, it’s just as much, as possible, the few thousand dollars you can invest. If you invest a few thousand dollars a month, you won’t be poor, right?

If you just eat less for a month, you can get a few thousand yuan for a meal out, right?

You said you don’t have to pay 100 yuan for coffee a day, but you can still get 3,000 yuan a month, so it’s nothing.

No, many people say I have no money to save.

It shouldn't be, it shouldn't be fine.

Then if you are in 60 years, then there will be 51 million in the first 20 years, plus the more than 8 million in the first, you will have nearly 60 million, 60 million.

If you save 60 million for 60 years, then you think 60 years is a long time?

A lot of people.

After the class, her husband said, Alas, it’s still useless because 40 years is too long.

Hahaha, many people are defeated by time, you know?

Too bad.

Then my friend said that you should not keep talking about things that happened in 40 years. I said that there is nothing you can do if you don't talk about it. Then if you debug in 40 years, it doesn't matter if I debug and come back to 100 after 40 years. I still have a daughter, so I can inherit it and continue, right?

Then you must be 40 years young.

That doesn't matter. At least when you get older, you will have a very rich life.

Do you understand the good ending?

I understand. Let me give you an example. My mother gave me NT$1 million 20 years ago.

I invest in him, and starting 10 years after the investment, I ask you to take the money back every year, otherwise you will not be able to spend it all.

Now 1 million has become 10 million. My mother has spent a lot of money in the past five years, including medical expenses, all from that account.

At the beginning, there were some expenses that were relatively high. There was a time when the cost was almost 60, and after more than 1 million, it is now relatively stable. He needs 60,000 yuan per month. It took 10 years, and it took seven or eight years. Now there are 10 million, and there are still 10 million, and 1 million is not available, so as long as you only need 1 million to make the right investment, it is quite enough.

So it’s not easy for you to have the first 1 million first, because you see that you have saved it for a long time, but you only have 1 million here, right?

So the first 1 million will be 1 million in 20 years. Then at least you don’t have to worry about retirement, right?

When she retires, she will have more than 7 million. Then my mother will have 10 million starting from 1 million.

So the natal family’s money is very useful. When your brothers and sisters take care of your parents, if your brothers and sisters don’t have to pay any more, it’s actually OK for everyone. Otherwise, you would have to pay 60,000 yuan a month.

If you don’t have enough brothers and sisters, you may have to pay 20,000 yuan each, which is also a lot of pressure, right?

So we must not let ourselves become a burden to others. You must have yourself and money. Those who have to take care of you can at least spend time to hire someone to take care of you, right?

Just let everyone help you manage it. Money is very useful. Money is very useful.

Okay.

If 60 years later, if you can receive 110,000 US dollars per year after 20 years, you will be able to receive 20,000 US dollars a month in the United States. You must know that 20,000 US dollars a year is the basic payment in the United States, because those children have to withdraw 20,000 US dollars for their retirement pension.

What about $110,000?

It’s just a salary, you know?

Then you can receive $880,000 per year after 40 years.

What about $880,000?

Then you say 60 people can receive 6 million US dollars a year, but I don’t know how you are going to spend it?

I must buy a private jet, otherwise I won’t be able to spend all the money.

Do you understand what this means?

So why do we talk about 60 years?

That is to say, don’t stop doing it just because it’s small. You won’t have it now. You don’t have money now, but you are rich.

You have time.

Do you have time to find out?

Time is on your side, so just do the work and do it quickly.

If your boss scolds you, just say that I am richer than you, OK. Just think to yourself, I will retire earlier than you, OK?

You are seeking death.

Yes, I am very happy like this. I just help my colleagues, because money does not come from working.

Let me tell you, the more you help your colleagues succeed, the most successful you will be, because successful people need you.

And does this mean anything?

For example, when I work in a company, I am very happy. All its general managers come to me for everything, so they are transferred back from the United States and transferred from the manufacturing department to the business department. Anyway, everyone is looking for you.

Because you don't form any cliques, you just do it anyway if anyone asks you to help. It doesn't matter if you give the credit to others, and you don't want any money.

Let me tell you, there are two types of people you are most afraid of in the world, those who don’t need money and those who are shameless, right?

Then you are very powerful and invulnerable, right?

I don’t want anything, I don’t even want credit, you don’t have to have children with me, just wait until I don’t want it, right?

I'm rich anyway.

Then let me tell you, it will be difficult if you don’t leave the manager.

It’s hard to understand.

Okay, so we are going to start this wealth management asset project, that’s it, so you already know to save money, then you know that money will grow, then you know that money is very powerful, then you just need to make the right investment.

It’s good to make the right investment. Do any of you want to ask, how much money can I make?

I can retire part-time and how much money can I make?

I can retire like you.

Have you ever thought that there must be a goal? Without a goal, you will be in prison for life.

Hey, you always tell me how many years I will be detained. Do you think there is a number?

I see that many people in Taiwan have 900 TV stations. How much does it cost?

Everyone, if you have 10 million, you can retire, if you have 30 million, you can retire. How much does it cost to retire?

I underestimate most people.

How much money do you need to retire?

Underestimated.

Why underestimate?

Because they live a boring life, cooking at home, eating bread in the morning, porridge at noon, and fried rice in the evening. It's all boring anyway, so they have to think about eating out.

These days are not retirement days, do you understand?

When I order food, it doesn’t matter the price. If I call Uber it, even if it costs 180 yuan, I will still pay 200 yuan for consumption. Do you understand?

Because this is how you live your life.

Then why give 200 yuan?

When a child needs money, we give him more money.

If I don’t have the money, it won’t be of much use anymore, because if I can’t spend it all, it won’t be of much use. And 200 yuan is not much for 40 years, but he has 60 years, right?

Then it is more useful to give them money, so what I mean is how long will it take for you to retire?

How much does it cost to retire?

This is very important. Then you have to calculate how much you will spend in a year using your current expenses.

How much will it be in one year?

So some people underestimate how much money it costs per year?

Suppose you are not married yet, and you say I only spend 250,000 a year, then you may not use 250,000, even if you spend 250,000 throughout your life, then if you say you are married and have no children, you are not allowed to have children now. The child is still in college, and your child has to study abroad. What should you do?

Do you understand the meaning?

So I tell you, you have to be more realistic, rather over calculation, rather too much than conservative. Do you understand?

Like in the United States, I also suggest that you call the most ordinary day of the year 100,000 US dollars for a person, 100,000 luxury dollars for a little bit, 200,000 to 250,000 for two people, just calculate it like this.

I made a slight estimate of Taiwan, it’s 200,000 a month. What can I say?

Living with 200,000 yuan is better, but if you make assumptions after 100,000 yuan, you still have to rent a house. If you make assumptions, it will not be easy.

It's nothing easy. A better place costs 40,000 to 50,000 yuan, especially in Taipei.

Yes, he can't live up to 50,000 yuan, so in Taiwan, I estimate at least 200,000 yuan, and it is more than 200,000 yuan today. You have to add 38 to 38 yuan every year.

So assuming you have 200,000 today, no matter your age today, you have 200,000 today, you will spend 200,000 a month today, and you will spend 202.4 million a year, right?

How much is 2.4 million times 33?

80 million?

What about 80 million?

How do you understand 80 million to 80 million?

Let me tell you it's very simple. Suppose you have 40 years left, how will you get 80 million?

If you invest NT$6,000 every month, you will have NT$30 million in 40 years. If you multiply it three times, it will be NT$90.09 million. If you multiply it three times, you will get NT$6,000, which is 18,000*3.

If you save 18,000 yuan a month, you can live a very luxurious retirement life.

Do you understand 18,000?

Then you say that my current salary is only 30,000, and if I have an extra 18,000, I feel that I have to live my life and try my best to find a way. If I don’t have it, I will try my best to get 15,000 or 12,000.

Will you get a salary increase in the future?

Otherwise he would take an Uber at night.

Otherwise, do you understand?

Just like this, if you can save 18,000, you can save 100 million, which is better, do you understand?

For your bright future, do you understand?

But is it difficult?

It's not difficult. As long as you are willing, it's not difficult but you are afraid of making mistakes. Isn't it just that you are afraid of not knowing that there is a way?

Some people want to work hard but can't. You will learn about this method in the next class.

If you have this method, just do it, and this is the most basic model, with only 18 rewards, but it will actually be higher than this. Do you understand what this means?

If you get faster and faster, can you retire early?

Originally it was 40 years, we agreed on 40 years, but if we don’t use it now, we might speed it up, invest better, and stick to it, maybe 30 years will be enough, right?

So if your salary is higher, you might invest 20,000 a month?

25,000, then you will retire faster and earlier, do you understand?

Well, okay.

So one thing you have to remember is that the annual expenses of the funds you want to retire are multiplied by 33, which is the funds you want to have.

Do you understand what this means?

Okay, this is your goal. As long as you reach this goal, you will.

But if you are released from prison or leave port and have not been detained by us, you don’t need to be detained. You don’t need to be locked in this rat cage. Do you understand?

The investment in liquid assets required to achieve financial freedom is equivalent to annual expenses multiplied by 33.

Oh, 33.

Then you say.

Wow, like this, and then it’s 200,000, then you should settle on 100,000 first.

If you think that 200,000 to 100,000,000 yuan seems difficult to achieve, you can set 50,000,000 yuan, then you can save 5,000 yuan a month, 5,000 yuan.

Save 5,000 yuan a month, don’t save up to 18,000 yuan, save 6,000 yuan, 6,000 yuan is 30 million.

That's 9,000 yuan, it's 10,000 yuan. There is an h when you spend 10,000 yuan, 10,000 yuan. You young people need at least 10,000 yuan to get 10,000 yuan.

OK, then you can at least live a moderate life. If the rate of return is higher, you can live a better life.

But you won't become a nasty and disturbing person, do you understand?

We should not make ourselves miserable. I see many older people who do not know how to invest and end up working as building managers when they retire.

Well, I can’t bear to leave.

They shouldn't have a chance, they just don't understand.

Then our education makes them do not understand, then this is a problem.

So I teach you not only to teach you to have it, but also to have it with your children. We want to live a rich life, not a life of labor, but a life of wealth.

Next, you have to find where all your assets are. Then you have many people and a bunch of bank accounts, 8,000 here and 10,000 there. He searched for a long time and didn't know how much money he had.

Hello, just collect all the assets in the bank, close them for a while, and just leave an account.

Just keep one bank, don’t have so many banks. All the funds can be centralized in one bank, no matter if you are Cathay Pacific, right?

China Trust, anyway, find a big bank to get all the money, then you can buy what I’m telling you, do you understand?

Don't be careless. If you don't go to Li Zhuang, Li Zhuang will scold you.

Let me tell you, the first one to scold and say, who told you?

Do you understand that the risk is too high to be suitable?

If you don’t understand, don’t do it randomly. Of course it won’t be as fierce, but it’s almost the same.

Alas, let me tell you that this capital guarantee review is good, otherwise you will buy another insurance.

Don't.

Just tell him that I want to buy Franklin High-Tech Group.

The risk is too high. U.S. stocks have risen so much now. Don’t buy any more. I want to buy the Franklin High-Tech Fund.

They will say, "Let me tell you, this is not suitable for you." You say, "I want to buy the Franklin High-Tech Fund now. Say one more word and I am leaving." Hahaha. They are very annoying. Do not listen to them, and do not explain yourself to them. Once you start explaining, you cannot win.

In the end, you yourself are short of three knots, so I don't care about him.

And you are the boss.

No, he is not the boss.

Are you the boss?

Every time I see people going to the bank, I feel like I have become a grandson.

They are the boss and they are all yours.

Why is he the boss?

Don't be afraid of them.

Okay.

Just say that I want to buy the Franklin High-Tech Fund, or the Morgan Stanley U.S. Growth Fund, which is the fund I told you about. You should not buy other funds. I have four funds for you.

Otherwise, it would be directly entrusted by the rich.

Buy the United States, otherwise buy Fu's entrustment to buy American stocks.

I have several stocks that I have bought and I will tell you about them.

OK, then you have done the right thing. When the time comes, you will become a rich man, do you understand?

That’s right. Investment is simple but not easy. It’s just that it’s not easy for you to believe or firmly believe in it.

Eighty percent of investors have heard about it, know it, and believe you.

Now I don’t know which city to go to, I don’t know, I believe we have to implement it, and we believe in patience.

In order to execute, you must have faith when buying, because the market will be at the right level. If you don't believe it, you will be really scared.

I firmly believe that if patience is worth 70%, you still have to endure it.

What do you know?

Don't say that I didn't tell you about that little wow first, let me tell you about it first and practice it there, so you won't get confused when you get to college, will you understand it?

Hey, where's luck?

You will jump off the car.

Well, it's very dangerous, you understand?

The most dangerous thing is to jump out of the car.

Okay, then, I firmly believe that after the endurance is over, endurance is still quite painful. In the end, I believe.

So we are an evangelistic conference.

OK, I have to go to church every Saturday.

Hahaha, if you want to listen to my videos, there are really many people who won’t listen to them for a week because they can’t stand it.

That won't work, you just have to listen, that's good, because yes, if you are betrayed, I will wash your brains on your side so that you can firmly believe that you will not hesitate, lose, or doubt life.

It's scary when the market is falling sometimes, but you have to believe me. I've made a lot of money in the market. I've made money in the past thirty years, and I've never slept or lost, right?

I will come again this time and I will definitely be able to take classes.

Well, some people say that you need to gain knowledge. Oh, what a wonderful profit knowledge this is.

Then understand yourself.

Think about it, you have a good beef noodle restaurant, and the business is endless. If you know when to make a profit and know when to take profits, just not selling it is the best way, isn't it?

Suppose you have a strong wind today and a room is strong against the strong wind. Business is booming every day, but you can’t finish the business. Now the ding-ding-ding-ding-ding keeps coming, and people tell you to take profits. Do you want to do it?

I said just say you go and get it done by yourself.

Don’t you need to understand the meaning of telling me to take profits?

A good investment doesn't need to be closed, it just needs to be kept to keep making money. You are still afraid of making too much, do you understand?

Tesla has increased 10 times in one year. Those people have already settled it. How can it increase 10 times?

So can they make 10 times the profit?

The 10 percent will be settled, do you understand?

So if a stock or an investment cannot increase 100 times, don't invest in it. That's not a good investment. That's not a good investment. Do you understand what I mean?

A 45-fold increase in 40 years is the most basic model.

How much will it rise in 80 years?

It’s 2,000 times more expensive.

Then I just said 100 times, am I already too childish?

So don’t sell, don’t sell until you die, our investment slogan is that investors should buy after buying right.

If you hold it for a long time, will you be rich if you don’t sell it? Do you understand?

Why sell a good company? Does TSMC need to sell it from beginning to end?

Need it?

You will lose money if you sell at any time.

What is profit taking?

That's called loss. It's always a loss. If it keeps going up, you'll keep losing. Every day it goes up, you'll lose every day. Do you understand?

Selling is the beginning of losses, do you understand?

The pain of a lifetime is a pain of a lifetime, don’t sell it, do you understand?

Sometimes I will, for example, Bitcoin, I just discovered it last week, if I have the funds to buy it, then I will sell some to compare.

Just like Tesla, my specific utilization is too high, so I will sell some to him to buy it.

I didn't say that Tesla won't rise, but I wanted to say that there was a new opportunity for him, so I bought some for him. I bought 5 PERCENT of Bitcoins when I sold them. That's it. Don't buy more than 5 PERCENT of a single stock. Do you understand?

Because a single stock will return to zero.

Then if you buy too much, you just want to return to zero, which is not good.

But if you buy 5 PERCENT and it returns to zero, you should be OK.

What about 5% of the names?

So our other standard answer is the index value, buy the index, QQQ.

If you have an entrustment, you can buy QQQ, but if you don't buy q, I don't think you have to buy a multiple entrustment. You can buy ours, the 4 funds we talked about. In addition, more simply, you can also buy 00757, which is the SANG plus index issued by the same certificate. It can only hold 10 stocks.

He only owns 10 stocks.

OK, we have all the videos. We all have the videos. I will show them to you when I get the chance.

Okay, so the first one has to find the money, the second one has to buy the right thing, and the third one has to go to bed.

Are you rich and understanding?

So simple.

So investing is very simple, but it is not easy.

You see, if I blow all the fluctuations, there are still people who want to make money and want to run away, and who can’t stand the fall. Once you understand it, so I will rely on you, so you don’t have to worry about understanding it?

What about many people who are afraid of being sad or hesitant?

Now that the stock market is so high, can I still buy it?

I said to buy it quickly, but a week later it was so high. Look, I didn’t buy it.

I said why didn't you take it?

The market closed that day and the day before yesterday closed at 312. I ordered 310 yuan but didn’t get it. I was really starving.

I said it went up to 400 yuan, but you are still ordering 398 yuan. You will never buy anything good from me, so you bought it privately.

When buying, the principle is that you can buy it, and the principle of satisfaction is that you can buy it. Do you understand?

Satisfied with the principle of affordability, since it will rise to 10,000 yuan, is there any difference between 480 and 490 now?

Don't waste your whole life just for a dollar, understand?

All the wealth is gone. Another dollar. Some people say Tesla. I didn’t even buy it for 390. My dear, I thought it was 800. No, it’s 4,000 now.

That's the share money. He didn't buy 20 for 390. I said it would be fine if he bought it for a test drive. Do you understand?

So don’t tell me in the future that I didn’t buy it.

It’s impossible that I didn’t buy you. It’s just that your bid was wrong. I bought it at the market price. Do you understand?

We are just afraid that we won’t be able to buy it, but we are not afraid that it will go down if we buy it. Do you understand?

It doesn't matter if it goes down when you buy it, because if it goes down, it will go up. If a stock goes down, it will go up.

Doesn’t that graph keep going up?

I've never seen it drop.

I understand, so in your view, it should not be related to whether the market is falling or not. If it is not, it will rise. Rising is inevitable, and the performance is inevitable. Do you understand?

OK.

If this is the United States, and if the United States has 1 million U.S. dollars, then the lawyer will tell you that if you have 50 years to retire, of course many people want to retire early, and then retire in 30 years.

That monthly increase costs NT$350, which is NT$1,500. Oh, NT$15,000, which is NT$15,000. But the NT$ is relatively valuable, so you may not need that much. But if you give me NT$15,000 a month, then you will have NT$30 million in 30 years, which is NT$101 million. Do you understand?

This table value allows you to calculate very simply, then see how much you have?

How long will it take for you to retire?

Then how much do you want?

Let’s assume that if it’s 3 million, and 100 million costs 3 million, then you might, well, three times of 15,000 would cost 45,000.

I also hope that it may not be possible for many people. Then move the time down, then it is 18,000 yuan. Here is 200 yuan, three times 200 yuan, just 600 yuan?

600 yuan is 18,000 yuan, so if you only have 18,000 yuan a month for 40 years, you can have doubts and retire, do you understand?

This is how this watch is used, so it would have been much better if it had been made ten years earlier.

Yes, that's it, so.

Wow, it’s a good thing you came today. I heard that if it were ten years later, you would.

You have to thank Sophia, hahaha, without them there would be no me today, and no you tomorrow, OK?

Hello, even retired.

Yes, 10 o'clock is still too long.

There are relatively few changes in Taiwan, but there are more changes in the United States.

Then let me tell you that the first one in Taiwan depends on how much capital you have. As for your capital, let’s say you don’t have 60 million or 30 million, but I only have 20 million.

Okay, I only have 10 million, what should I do?

Many people are very conservative and start making fixed deposits, or look at whether insurance or annuities are available. They can get more than 80 million yuan every month, and then you will die.

Okay, let me tell you, it is really difficult for you to join the competition with 10 million, and it is difficult to transfer.

How much do you pay for 10 million?

300,000?

12 months, how much is one month?

Do you have more than 20,000 yuan?

Then you can live a life of more than 20,000 yuan.

So wouldn't it be very hard to live like this for a lifetime?

No, because the stock will rise very quickly.

If you only use 3 pax, then you still have 7 pax. Will your assets grow?

When you are 3, you can use 25,000.

25,000 a month. After a few years, I mean completely retired, with no other income. He has 10 million people, and he only has 25,000. Do you want to give up?

Are you at risk if you spend too much?

If the market goes bad, you will have risks, and your investment will have risks, so you still have to invest fully.

But you can only spend 25,000 a month. After five years, your assets may not be 10 million, but may be 15 million. After 15 million, how much will you have in these three parties?

It's only 450,000 yuan, so instead of spending 25,000 yuan, you can spend 30,000 yuan, maybe 35,000 yuan.

In another ten years, your assets may become 20 million or 25 million.

At that time, if you had 25 million, you would spend three times, which is 750,000. You can use almost 50,000 yuan in a month. Life will get better and better, so if you know this secret, you can live your retirement life easily and happily, and you will not be so nervous. If you find that you are nervous, you will seek death, so you can't be nervous and be happy.

Got it?

Logically speaking, I don’t even have 10 million, so how can I save you?

5 million and there is no other response, then I want to ask you, do you own a house?

If you have a house, you should sell it. If you can't live in Taichung anymore, you may live there until you see that one. I went to Guguan last time.

I am Guguan.

The Lukan Hotel costs more than 1,000 yuan a day. You can also cook two meals and take a bath. It only costs 30,000 yuan a month for a year. I would say that I would dig out the broken bones and watch the fun. Hahaha.

Oh, I really didn’t lie to you. And in Taitung, the German Grand Hotel is also very big. It costs 1,000 yuan a day, or 10,000 yuan to stay and cook breakfast for 15 days. Do you know?

This thing.

Yes, it's a good time. Even if I help you clean the room, he doesn't have to spend a lot of money, right?

It's also a way.

But what I mean is that if you sell your house and find one with a lower rent, then your rent is lower. Then if it is 20,000 per month, plus the expenses of 20,040,000, how much money will you need?

More than 12 million?

13 million.

Then don’t you have 5 million yourself?

If you are like this, your house will be worth 8 million. Do you understand what this means?

Then you should invest. Finally, let me tell you, you can still buy your house back and still have money to spare. Do you understand what I mean?

That house is unlikely to go up in price. Do you know about old houses?

In another 10 years, he will still have 8 million, and you can buy it back.

No problem.

Oh, so cash flow is very important. If you can’t do it in the end, don’t buy a house, let alone support it. If you use a house to support your retirement, you will lose money. Do you understand?

You can just sell it and give it to me, or give it to Gu Guan?

Hey, you said that you have breakfast and dinner for 30,000 yuan, so you don’t have to spend anything as long as you are here.

In fact, 10,000 yuan is just his pocket money, but the 40,000 yuan is the same, right?

No, then find a way, but it will only become popular if you do it like this. After ten years, you may get more than 13 million, and the price will double and quadruple in five years, so it will be more than 40 million.

Okay, you just have to live like this, do you understand?

Of course my young man is very simple. Just keep saving and investing, and you will either retire early or live a life of a rich man. Do you understand that?

Also, I often say not to buy a house. If I don’t buy a house, of course it may not be suitable for you.

Any accommodation in Taipei City may cost 80 to 100 million.

But I said it was the Military Academy Hotel, and I paid 10,000 a day, 300,000 a month, and 300,000 a year, right?

3 million, 3.6 million multiplied by 1.036 million, I invest 3,600 with a return rate of 18.

It's enough for me to stay in the Grand Hyatt Hotel. I can't even buy a house for 36 million. Do you understand?

You can’t buy such a large swimming pool with 5 restaurants, and there is also a gym, don’t you understand what this means?

If you want to find me in the future, do you have to go to Junyue to find me?

Really, that's how I am. I won't waste money buying a house in Taipei. I can just stay in a hotel. Do you understand?

Then you probably don’t need more than 10,000 yuan in Taichung.

That's right, if you borrow money to buy a house worth more than 30 million yuan, then you don't actually need it. You can just live in one. It's fun for 5,000 yuan a day.

It may be bandaged, and someone may clean it after dinner. The happiest person may be your wife.

But some people told me that my wife just wants her own house, so there's nothing she can do about it. It's a mental problem, and it's not an investment problem. I understand.

Okay, let’s not waste time here.

Well, this table is just to let you all know that it is calculated in Taiwan dollars, and the calculation in Taiwan dollars is based on 10 million Taiwan dollars, because Taiwan 10 million is actually the basic model, and then you know that you need 2,000 yuan for the basic model, so you have 10 million, then if you have 60 million, you will have 30 million. That's it, you can double it quickly. OK, are there any questions?

Getting richer and richer, right?

As a Taiwanese investor, you have to invest 6,000 yuan every month, and 30 million yuan for retirement. You can spend 1 million yuan every year, and you can spend 80,000 yuan every month, and you can spend it for generations. Isn’t this a wonderful thing that will last forever for generations to come?

Many people said that I don't want it. When they are in a hurry, they come to me and ask for electricity. I can open and adjust it for them.

I said that although you are not that good to your son, you are not good to yourself either.

Let me tell you, if your calculations are so accurate, it would be enough if you say you are 90 years old.

Get back the quilt you told you about, oh, that North West, you may worry about yourself first, why you are not dead yet, because you are almost running out of money.

No, you have to spend all the money. Whether or not you want to give you a child is one thing. But for yourself, you must not count the money until it is spent. You must count the money until it is spent. Otherwise, if you are fine, you have 30 million, which will become 2,500 in a few years, 2,000 in a few years, and 10 million in a few years.

You will start to get nervous later.

If he has another emergency, he will spend another 2 million for that flower, and another 3 million for cancer, and I will give you 200 county.

Well, I was scared to death, so I felt that we should not count the money until it is spent, but should use it until it is spent.

Therefore, if an American investor invests 600 US dollars every month, he will need 3 million US dollars for retirement. He can spend 90,000 US dollars per year and 70,000 US dollars every month, which occupies NT$210,000, which will not be spent for generations. Do you understand?

First of all, when we have money, we should not think that we will spend it all. We can never spend it all, no matter how much we spend it. We are too rich, understand, so we will not spend it all.

If you buy in the long term, you can only sell as much as you need to save your husband when you retire.

Understand, you need 200,000 this month, so you can redeem 200,000 for him.

Then spend it for him, and don't buy it anymore, because there are handling fees and a bunch of fees for buying it. You can just make money once in your life, do you understand?

Don't buy and sell. Every time you move, the bank will charge a handling fee, and they will make money. Do you understand?

Just don't buy it like this, don't sell it and cross it off when you finally need it, that's it.

The same is true for my mother's account. I estimate that it will be 60,000 a month. As long as I have 100,000 in that account, he will have to spend it until I come back to redeem 100,000 at the end of each month. This is fine. Do you understand?

Spend as much as you need. Otherwise, let him work hard and don't let him get off work. Do you understand?

Don't let him rest.

Okay, this picture wants to tell us one thing, that is, if you have 1 million US dollars and you spend 60,000 US dollars every year, you will go crazy.

From 2,000 to 17 years, you will spend it all. In 17 years, you will spend it all.

Understand this meaning, if you spend 1 million US dollars per year, you spend 60,000 per year, which is 1.8 million. You have spent it all.

If you spend 40,000 yuan a year, you won't know whether you will live or die in 18 years.

You know you often hear that investing is a four percent rule, right?

The reason why the four percent rule doesn't quite match now is because of this situation, because of the bubble in 2000 and blindly letting four PERCENT into the ears in 2008 didn't work very well.

Because when the continuous bubbles are too close, you may not be popular. It was not visible in 18 years, but now it is going up in 19 years. This one is popular. Is this popular among the fans or is it popular?

I used the high point of 2,000 years for this. You invested 1 million and it happened to be the worst situation when the high point was like that. So if your 2 million was out of power at that time?

Okay, at that time, if you only spend 30,000 yuan a year, and you spend 30,000 yuan fixedly every year, no matter whether the market is up or down, you will still be popular if you spend 30,000 yuan.

If you fixed 4% of your assets every year, you would live better.

Do you know the difference between this 4 percent and this 40,000 yuan?

If 2 million or 1 million goes in today, you can use 40,000 yuan in the first year. When it drops to 800,000, you can only spend 32,000 yuan. If it drops to 1.5 million yuan, hey, hey.

When it drops to 600,000, you can only spend 24,000, do you understand?

You can do it if he's in this situation, but it's me too. I think it would be better for these two women to choose this one. Do you understand what I mean?

This is relatively fixed and highly predictable.

Is this unpredictable?

Then if your 30,000 yuan turns into 2 million yuan, you won’t have to spend it for a year. You can spend 60,000 yuan, right?

Right?

When there is a relatively stable gap, for example, 1 million becomes 1.5 million, you can adjust your living expenses. When it reaches 2 million, you can adjust it to improve your quality of life.

Got it?

This table tells everyone how much money you have and how much you can do. If you do more than that, you will die. Is there any problem?

Okay, then this is about saving more. Don’t think that 1 million is not much different from 950,000 or 900,000. If you have 1 million and spend 100,000 every year, then you earn 10 per year. That is the line, and you will always have 1 million.

But if you have 1.05 million, and you spend 100,000 every year, assuming a rate of return of 18, this is how you will fly, and your children will thank you, right?

It’s more than just what you can spend.

If you have 1.1 million and only 100,000 more, I can fly faster.

You said the traffic is 1 million, I am 900,000, and you are about the same. If I tell you, you will be dead. You will be dead in 31 years?

He also said that 30 years would be enough for me.

Yeah, if the best bless you for 30 years that's pretty much it.

Then you don't have much.

That's not good.

Then you have 900,000, and the difference is 100,000, then you will be in 27 years, and you will see each other in 25 years. If you don’t have the money, it will be gone. Do you understand?

So don’t think that there is a little difference, there is a big difference between a little difference, one is never used up, the other is used up very quickly.

I understand, so you have to calculate how much you can spend?

The principle is to be conservative, don't be too aggressive.

Then this is like this, 1 million, if you use 12, 120,000 per year, oh, it is black, you use 120,000, this is here, the black is here, you will die.

Then if you use 100,000 yuan a year, that's fine. If you say I should have 10,000 yuan more, then you will die.

If you have more than 10,000 people, you will die, but if you have more than 20,000 people, you will die faster, right?

Then if you say I am short of 20,000 yuan, then you fly up. Do you understand?

So either there is more money, or there is less quick sales.

But don’t think that if you spend a little more, you will die. If you have a little less deposit, you will die.

Okay, so if you have a little more deposit and a little less phone bill, you will live very well.

Any questions?

Don't buy insurance, it's still a repeat.

Raise your hands if you have seen the film or not.

It doesn't matter, just look at it later.

Then you want to go and see it, do you know how to go and see it?

Don't know.

in the YouTube search c l e c Is there an investment and financial management channel?

Investment and financial management, these two are me, and the investor and CEO is James.

Oh, so much, this computer has been ingested so much by me.

Sissy James, come.

Okay, click on the Cici investment channel, you see this is me, this is our new icon today, this is me, this is our channel, you can subscribe to it.

The wave of laughter on the screen.

Okay, you can check the COEC channel at YouTube. Click here to subscribe to it, and it will notify you when there are new videos.

Then take a look at COC’s channel. Here are my videos on Shelsey.

Then here is a NT$100 million investment lecture. Those of you who want to learn from it should first watch this video.

Two and a half hours, let me tell you, I can give lectures for three days and three nights without listening to non-stop, so every time I record, I will keep talking for more than two hours without eating snails.

Then listen, listen slowly, listen carefully, not twice, not twice, not three times. If you don’t understand, just leave a message and I will wait for you.

Then this, then this is the video we released today, released this morning.

Then you subscribe, then you click here, you will see all the videos, there are videos here, click on all the videos, I have released hundreds, two or three hundred videos, ha, two years.

OK, okay, so you looked here, here, let me take a look at this YouTube, okay?

Because I am recording here, I want to show it to everyone, c a C, this is our one-dollar video, an article on this page, okay, everyone must remember to subscribe.

Well, like and forward, okay, let's take a look again. When you come back, in addition to today's class, we have to prepare to learn. In addition to today's class, we have to listen to this.

Okay, this is what we are going to introduce to you about the four-character fund. You don’t need to interrupt. When the time comes, you can watch our video. This is the only part of the one-dollar lecture.

I introduce 4 funds, which are Franklin High-tech Fund. If you go, it will be Franklin High-tech Fund. I just want to buy Franklin High-tech Fund. If you don’t let me buy it, I will leave. That’s it. Nothing else. Don’t listen to his nonsense.

One is the Morgan Stanley U.S. Growth Fund, and here are their holdings. It holds square room, Shopie, Amazon, and this Uber.

Then depending on whether you like it or not, don’t buy it, buy something else.

And I didn’t say that you have to buy it privately, but you need to know what he buys, then here is another one, b l OK r apple Mincrosoft test Amazon square la GITA Tencent has it, Alibaba has it, do you know?

What I’m telling you is that he actually buys very big companies. It doesn’t matter. You shouldn’t imitate others and buy some stocks that they think are great. You don’t need to invest. You should know all the great companies, otherwise he won’t be great.

Do you understand this?

If that company is great, you don't know that the company is not great at all.

You don't even know, how can you be great?

Everyone even knows that he is a very powerful person, but in this Morgan Fund US Technology Fund, it is a test.

It seems that AMD is simplissing Facebook language and our device Paypal.

I don’t know some of them, but that’s it anyway, do you understand?

Oh, this company, you can go there like JP Morgan Fund, American Technology Fund or something. There is one called ex-rights and the other called ex-dividends.

If there are ex-rights and ex-dividends, you have to ex-rights. Ex-rights means that the dividends will help you reinvest, then you will. For example, what would you do if you were given hundreds or thousands of dollars?

He will help you add on for free, and the number of your shares will increase, so if you have ex-rights and ex-dividends, I am not sure what you want to express. This is true for Apple.

Okay, then one more thing is that you don’t need to open a US dollar account, do you understand?

Many people and many banks will ask, then do you want to open a US dollar account and transfer the US dollars before buying?

No, you can just buy it in Taiwan dollars. You can buy it in US dollars directly in Taiwan dollars. Do you understand?

Because sometimes technology funds are related to US dollars and Euros, but you don't want it. You just buy Taiwan dollars to denominated it, and the money is deducted directly from Taiwan dollars.

Then buy a US dollar fund, do you understand?

That's great. You don't have to force someone to resell it. If you want to convert it into U.S. dollars, you want to convert it into Taiwan dollars. Then don't you want him to earn a handling fee?

But if you transfer it back directly, there is no handling fee. You don’t have to pay the handling fee for buying U.S. dollars, and you don’t have to pay the handling fees for selling U.S. dollars. Do you understand?

You make money because you want you to go around like this. What kind of handling fees can he earn? What else should he earn?

It seems that I can't make a commission when I go on a business trip. I have to change it into US dollars.

Well, then you can pay Weidu using Moji to send Moji to Moji. Can you understand the US dollar account?

You can. Do you have to change the US dollar account yourself?

Just let him do it, and just let him transfer it once. Otherwise, you have to switch back and do it again every time. And ignore him, don't go to a media to introduce him, or give him a few accounts to cause trouble.

I said I have U.S. dollar treasures, let’s get rid of them, but our ability to not become obsolete is the Taiwan dollar fund?

So how am I going to get to you two?

Did you explain it in U.S. dollars?

Right?

Then you can buy it with U.S. dollars, and you don’t need to exchange it for Taiwan dollars.

You already have a USD account, don’t you?

If there is foreign currency, and I am the one holding the foreign currency, and he cuts it off, what will happen to it?

U.S. dollars.

Then you have a US dollar account.

Then if you have a US dollar account to buy it, anyway, if you buy it for him, it is better to buy it once less than once more. Do you understand?

Don't change it into Taiwan dollars, just buy it in US dollars.

That doesn't matter. Don't worry about the exchange rate. It doesn't matter if there is no exchange rate. Do you understand?

If your opening and closing prices rise and the US dollar falls, then your assets will rise because you calculate prices every day. Do you understand this?

The US dollar price is 30 yuan per catty. Every time it falls, it is 30 yuan per catty. When the US dollar price drops, it becomes 27 yuan per catty. So how much is this?

Will it definitely rise to more than 1 yuan?

Then you tell me, you won’t, your assets won’t increase, and you will get less in exchange?

No.

If this asset is one yuan, yes, 10, 3, 10 yuan, you sell it for one yuan and get 30 yuan. If one yuan becomes 27 yuan, this asset will not be one yuan. Do you understand this one yuan?

If you exchange a piece of 1L27, it will cost you almost thirty yuan. Do you understand?

A little more than 30 yuan will be a lot, and it will be more. The currency will fall per catty and the asset will be saved. This is standard, so you will not lose money.

So don’t worry about the exchange rate when investing in peak season, do you understand?

I don’t want to say that I will wait until the US dollar falls before I buy again.

Do you understand that even though the US dollar has fallen, the stock price has risen?

Because when the US dollar falls, it becomes cheaper for Taiwanese people, right?

Then buy it quickly. If the U.S. dollar depreciates, many people will buy American assets, and American things will become cheaper.

So what does it mean that American things are cheap?

This is for store managers. People will rush in to buy Apple. If the stock price becomes cheaper, of course they will be bought and then go up again. Do you understand?

No, don't worry about stocks, don't worry about the exchange rate. If the exchange rate doesn't move, it's not included in the investment.

It doesn’t exist, it really doesn’t exist anymore, but I will tell you a lot of nonsense about Yunnan.

So do you think it still exists?

Well, would you recommend making a regular order or three orders? If you are rich, you can compare alone. If you can compare alone, then compare alone. Why do you need to grade it?

Tomorrow will be higher than today, why do you want to wait until tomorrow to buy a higher price?

Do you know that the price at the end of the year will be higher than at the beginning of the year? Why wait until the end of the year to buy something that is higher?

In terms of expected value, the later you buy, the more expensive it is because the slope is upward.

So let me tell you, according to statistics, the performance of buying on January 1st will be better than buying on a regular basis or with a fixed quota, and buying within a year will be better. This is what history has proven in terms of infrastructure construction.

So don’t worry, just buy it in single purchase and don’t torture yourself.

And if I buy it in a single transaction, it will be settled, and I will be relieved when it is over.

Therefore, investment should be simplified, because the bank can set it, for example, every month.

Yes, that is a fixed quota for credit extension, which is used for young people who have no money every month and can only buy credit with their monthly salary.

You have 3 million now. If you buy all 3 million, then you can save 20,000 per month with your salary. It is as simple as depositing 20,000 every month. Don’t show off with millions to get a fixed quota. Don’t worry about keeping Sese at home just because you have to work. You must definitely buy it and let the money work hard. You can relax a little.

Yes, well, it is not easy, because if you are asked to buy it at the same time, you will feel that if you hold down the buy button, what should you do if the price drops tomorrow?

Can I wait until the price drops tomorrow before buying again?

Who knew you were a god? How are you?

But I told you that the end of the year will be higher than the beginning of this year. Can you guarantee that?

I can guarantee that, because as long as there is no bubble, the end of the year will be higher than the beginning.

Even if it fell in February last year and had circuit breakers three times, QQ q rose by forty or fifty for the whole of last year.

All of last year.

past year.

QQ rose 45 points.

I have been using us for the past year. Why?

I don't want it to be too late. Can I choose a country?

I have QQ q like this.

q q q Ha, here.

last year.

Here it is 218.99, today it is 319319 divided by 218.99.

Is 3 divided by 8.99 equal to 218?

2 to 8.99?

45. 6 percent. Its price fell three times last year, which is terrible. But does it look that terrible now?

No.

So let me tell you, the market drop is not only terrible, but also a gift from the sky. If you buy it here, I asked everyone to buy it together. Buy it quickly and pick you up in a big tube to watch the movie in February, the end of December, and the beginning of March. You will know that At this time, it is 170 yuan. If you buy 318/170 for 170 yuan, your return rate will be 87, so the decline is another key point for you to retire early. So if you don’t click, you can’t retire early. If you want, borrow money as soon as possible and buy as much as you can borrow.

OK, okay, we need to take a rest. I'll take a look and it's almost gone. Come on, we're going to finish it and take a rest.

Okay, so what if there is no technology fund?

This is QQ. He, if you buy Fuweiduo Q1Q, what does he buy?

He just buys apple, Microsoft, Amazon, Tesla, Facebook, Google, AN, media, Paypal, Adobe. What a good company. What can you choose?

You don’t have to choose it yourself, you, the sub-commissioner, can just buy Q1U.

Then you have that one. In fact, of the four funds I just talked about, except for the Franklin High-Tech Fund, which is relatively stable and has the same performance as QQ, the other three are better than QQ. Do you understand what this means?

So I don’t necessarily have to go with that one, and there’s that.

There is another one called 00757.

Your wife also has to pay 0.75. It’s actually very simple. We in Taiwan buy it directly with Taiwan dollars, and there is no minimum tax for one year.

Well, this is not 0070075, it's just one missing, I'm missing that much.

The parallel connection is now 44.4, and a year ago it was 24.5585944.4/24.58, an increase of 88. What do you have to pick, okay?

So maybe in Taiwan you do not need to use sub-brokerage. You can just buy 00757 directly. Do you understand what I mean?

Let me tell you, what I am telling you is something that most people will not tell you, because they honestly don’t understand the things that make money, and they will teach you what to buy, 00646, and so on. That is very bad, even though they say it is with the Nasdaq index fund, there are too many errors in the end.

Okay, so don’t just listen to what others say and just buy whatever you want.

Also, don’t listen to other people’s nonsense and ask me. I have already told you to buy 00757.

Teacher, you don’t have to buy 00787, hahaha. If you can buy it, I will tell you. I won’t try to say that I will buy it myself if there is a good one.

I won’t be able to follow you anymore. I have been in the market for more than 30 years. What have I come up with?

I don't know, so if you want to do your own research and compare your own performance.

If it's better than this, come and talk to me. If it's not better than this, don't come to me, okay?

Alas, I am actually very lazy. I just want to live a good life. If you ask about those who are not nutritious, I think so.

Well, this has been noticed in my life, so I'm hoping you'll tell me if it makes sense.

Alas, teacher, I found a better one than your 0.757 ETF in Taiwan.

I said I would take it once, then let's study it. If you don't have it, don't tell me, and don't ask me to check it for you. You can learn it. I'll teach you how to look at these things later.

Today, among the weapons, there is Baidu. For example, the United States now has the three major telecommunications companies.

It doesn’t matter, next time will be next time. Anyway, it’s still listed in Hong Kong, right?

What does it matter?

It’s okay, but you’re not treating Americans well. If Americans can buy it, you can still buy it. That’s great, right?

So let me tell you, when I live in the United States, I feel that the United States seems to be in the late Qing Dynasty.

No one from the outside can come in, and no one from the outside can come in. They are monsters and ghosts, and we are invulnerable. They will get sick, but we will not.

It seems that at the end of the Boxer Rebellion and the Qing Dynasty, at least all the central banks wanted to drive it out, right?

I think America is really bad.

I am worried about the United States. Although it will not decline in the short term, I can see signs of decline.

It's obvious, it's obvious, it obviously shouldn't be, a country shouldn't be like this, not confident to this extent.

The three major news agencies of the People's Republic of China are listing on your side. Alas, they are listing on your side because they think highly of you, so they are listing on your side.

Why?

If I make money and I share it with you, then you don’t want it, right?

If Tesla is listed in Taiwan, will you set off firecrackers, right?

It’s so easy to buy. Don’t you understand what this means without sub-commissioning?

He didn't even want to add it later.

OK, this is the holding of QQQ, then this other AR k k, AR k k is now the most active fund with the best performance, you can also buy it.

Then he bought test logo, he bought Kesheng Biotechnology and high-tech electric vehicles.

I don’t understand some things and companies because I am not a biotech person.

This is a good thing to note down. You can buy it. We will do this in the first half.

So now it’s 3:12, we don’t have to rush, let’s all take a 10-minute break, okay?

Then come back in 25 minutes, okay, thank you.