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Ultimate Guide to Investment??
1. There is a job (or business) that guarantees continuous income.
2. For every income, whether it is one yuan or ten thousand, withdraw 20-30% into the investment account.
3. The most important thing is to reasonably allocate the money in the investment account to global all-assets (currently personally gold/S&P 500/btc), among the non-perishable varieties.
In a bear market, don’t be afraid of floating losses when buying; in a bull market, don’t be afraid of making less profit when selling. Dynamic balance.
No money from this account will be taken out until it's a life-or-death situation.
4. Actively hone a skill and then use that skill to make money, earning extra income outside of work (side job, preferably a personal hobby).
5. Absolutely do not let yourself fall into a situation of being burdened by debt, especially large medium to short-term debts.
6. Work + additional income, plus investment income, will eventually create a very positive cycle, forming a financial flywheel.
7. One day, you can live normally without having to work.
8. One day, you can live normally without additional income.
9. In this way, money will not be something that troubles you in your life, unless your material desires always exceed what you have.