The compound interest curve is a fantasy, and the capital curve is our lifeline

In real life, many people Honesty and diligence It has been ignored and even considered as outdated "antiques". I always believe that without a spiritual wealth foundation as a backing, it is difficult for a person (or her) to firmly establish his/her own wealth building. Looking at life, we need to seriously study Ants, bees The spirit of diligence, steadfastness and constant silent efforts. Having done this, I believe that you will not be too bad in your twilight years.

For those newcomers who have just entered the financial industry, they are often intoxicated with the rising Compound interest curve In fantasy. But I believe that in a few years, many people will no longer "worship" it, and the cruel lesson will let many people know: The compound interest curve is a fantasy, capital curve Is our lifeline

Simple mathematical operations are not equal to reality. Like many people, I was full of various illusions when I first learned about compound interest, but I was trading on my own three Three months later, the previous illusion was broken. Short three I lost half of my principal in three months, and sometimes I almost lost confidence in trading.

Through my own experience of trading, I feel that for many people, it is difficult to maintain a high rate of return consistently in the long run, and most people cannot do it. However, through reasonable asset allocation, it is possible to achieve a lower rate of return over a long period of time, which is also a way for the public to consider getting rich.

For professional investors, they can achieve relatively high returns for a long time, but this is not easy for the public to do. For wage earners, it is a good way to realize the slow and stable accumulation of wealth through some conventional means (such as working hard to increase income, investing in some index funds, etc.) Hengfu The key to. The idea of getting rich is more likely to cause people to lose their rationality, gamble and do some irrational things, and the results can be imagined.

In a word, the above is: For most people, slowly accumulating wealth over a long period of time is the right way Capital curve It will grow slowly under your hard work, and your life will eventually be beautiful.

However, in real life, many people Honesty and diligence It has been ignored and even considered as outdated "antiques". I always believe that without a spiritual wealth foundation as a backing, it is difficult for a person (or her) to firmly establish his/her own wealth building. Looking at life, we need to seriously study Ants, bees The spirit of diligence, steadfastness and constant silent efforts. Having done this, I believe that you will not be too bad in your twilight years. (Sister Wen hyena)

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Author: Coyote Sister

Record your life experience.

The compound interest curve is a fantasy, and the capital curve is our lifeline

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