Is the wealth of life about "attack" or defense?
The recent market decline has led more people to discuss who is free, how much money has been earned, and how much profit has been lost in each hot market. But we should clearly understand one truth. Looking at many examples in history and around us, those who have completed wealth leapfrogging are often not those who have made money all the time, but those who have completed the transformation through one or two opportunities.
In fact, to put it cruelly, a person's life is very short, and there are often only one, two, or at most three wealth opportunities in life. When we count the years of our lives, we are really ready to take on wealth only in those few years.
Too young, unable to grasp the opportunity when it comes,
Too old, conservative thinking, and unable to support the body, leading to the opportunity of measures,
In fact, there are only a few years in life when we can effectively take on wealth, and when we take on wealth, we need to learn how to "guard" and how to use the resources at hand to continue to expand and compound interest under the premise of controlling risks, rather than blindly increasing investment to earn more money.
In fact, we can find a strange phenomenon. From the decades of stock market history to the current crypto market, it is not difficult to find that small money is easy to make, but big money is difficult to compound interest. When we use limited funds to make considerable profits, we will blindly think that we are gifted and think that we are trading geniuses. Little do we know that in the stock market for decades, if you have the opportunity to go to any business department to investigate the files, the probability of maintaining a profitable account may be even lower than the probability of winning the lottery.
When we use small funds to make considerable funds, once the profit is slightly withdrawn, we will confidently think that the opportunity has come. At this time, increasing investment is the idea of most people, and often increasing too much investment will cause greater losses.
This seems to be an inescapable vicious circle in financial history. Few people are immune. Of course, there are indeed some who can be immune, but I may not think it is me.
So when we use small funds to make any considerable profits, please remember that what you need to do next is not to increase investment to compound interest and reinvest, but to learn how to keep your wealth.