Don't waste your time in the stock market

After the continuous stock market slump, some media reported recently that some post-90s investors who had entered the market and even resigned to speculate in the stock market expressed their desire to go back to work.

The stock market is not a place for young people to go. For young people, playing stocks is as much a waste of life as falling in love with gambling. The biggest capital of young people is themselves. Once they put their limited savings into the stock market, they will be caught by the fluctuations of the market, and then they will waste time in it and become mediocre.

 

Stock trading, the loss is not only money, the most important thing is that it will delay our most precious wealth - the improvement of personal talents. The latter is our reliable and long-term source of wealth.

 

I entered the stock market in July 2006, when the Shanghai Stock Exchange Index was only 1500 points. I felt that the value of the Chinese stock market was seriously undervalued, so I asked someone to borrow 100,000 yuan to invest in stocks. Unexpectedly, it encountered the largest bull market in Chinese history. Any stock you buy is going up. At that time, I had an illusion that it was easy to make money from stocks, and I could rely on this to eat in the future. When the stock market reached 6,000 in 2007, I earned more than 200,000. But when the index began to fall from 6,000 points, the money earned over the past year began to recede little by little. It fell to 3,600 points, and the loss was less than 100,000 yuan. Finally, I couldn't stand it, and I was eliminated. At this time, I will settle the accounts. In the past two years, I actually only earned about 100,000 yuan.

 

However, it becomes very difficult to find a job at this time. I am neither a freshman nor have enough work experience. No choice but to go back to school. So Cobb, went to Harvard, went to McKinsey, published "The Economic Analysis of China's Rise". This experience left me unforgettable. Let me know what it means to "cherish life and stay away from the stock market".

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