
Investing Essentials (12) Buffett’s Investment Wisdom (5)
A Buffett-themed lesson treats shares as business ownership rather than paper for resale, using business expansion, index alternatives, market closure, and market-efficiency debates to explain long-term ownership.

Investment Newsletter (3) Investment Newsletter Taiwan and the United States
The February 2018 update covers volatility, compounding, stock versus index selection, period returns for technology holdings and funds, and the distinction between insurance and investing.

Investment Newsletter (2) Investment Newsletter Taiwan investors invest in US funds and US index performance
This January update reviews ways Taiwan investors can access local and U.S. markets, including 0050, SPY, QQQ, recurring fund purchases, switching costs, period returns, and technology-company earnings.

Investing Essentials (7) U.S. companies’ profits continue to grow! The relationship between profit growth and stock price
A Stock-AI walkthrough compares S&P 500 dividend yield, the Treasury yield spread, payout ratio, dividends per share, earnings, and long-term price charts to explain the speaker's fundamental analysis.

Market Analysis (2) Is it enough to only buy the United States?
S&P 500 and NASDAQ performance is compared with Europe, Hong Kong, and China across several periods, followed by a discussion of regional rotation, taxes, fees, and long-term holding.

Investing Essentials (6) Discounted value of corporate free cash flow! Is Amazon expensive at $1300?
The lesson breaks down free cash flow, operating cash flow, after-tax interest, and required capital spending, then uses Amazon statements to build a per-share valuation scenario.

Investing Essentials (4): Is a Stock Cheap? Evaluating Long-Term Value Through Free Cash Flow
The lesson connects P/E ratios, required returns, discounting, operating cash flow, interest, capital spending, and free cash flow to long-term valuation examples involving SPY and Amazon.

Investing Essentials (5) SPY and the investment value of each stock CLEC Investing and Personal Finance Academy
Discounting, required return, and free cash flow are used to compare SPY and several stocks, with growth scenarios for Amazon, Apple, Square, and NVIDIA.

Investing Essentials (3): Planning for Early Retirement Without Depleting Your Savings
The lesson connects long-term U.S. market returns and SPY dividend growth with retirement targets, starting age, monthly saving, compounding time, annual spending, and asset longevity.

Market analysis (1) The stock market is still very reasonable
Historical market cycles, S&P 500 dividends and earnings assumptions, valuation estimates, and IRR scenarios are used to explain the speaker's market view and its dependence on forecasts.

Investing Essentials (2): Why Insurance and Annuities Are Not Investments—and How to Evaluate Their Returns
An Excel IRR tutorial compares recurring payouts and lump-sum maturity benefits to show why total proceeds are not the same as an annualized return.

Investing Essentials (1): How Fees and Taxes Consume Investment Returns
Compounding examples show how management fees, trading costs, holding periods, and capital-gains taxes can reduce long-term wealth even when the headline return is unchanged.