Chapter 404: My Opinion on Wealth Trading

(11) My view of financial transactions

Suppose you are 22 years old and have just graduated from college, invest $10,000 and get a 10% return on investment every year, you will have a fortune of $600,000 in 43 years. What's even better is that the money is earned without having to work!

For compound interest to work its magic, it takes thirty or forty years for your savings to work. If you start managing your money now, you don't have to worry about money at all thanks to compound interest.

Of course, you will say that you can't save 10,000 yuan, it's difficult for you to save 100 yuan a month, or that 600,000 yuan sounds like a lot now, but after 43 years of inflation, how much can it be worth?

Please, young people who yearn for love, don't think about this.

Mr. Pei's salary was 105 yuan when I got married, and after I got pregnant, he automatically left his job and started working, 500, 800, 1000, as long as he gave 200 yuan more, it was also the reason for him to change jobs, and two years later he got a position as an ordinary employee of a foreign company with a monthly salary of 2000 yuan.

Salary is only a part of the income, and as you grow in experience, you will also learn other ways to make money, such as traveling to earn subsidies, and becoming a second-hand dealer while on a business trip. While Mr. Pei was bringing flowers from Kunming back and wondering what to bring to Beijing, his colleague was detained and asked to take over as soon as he canceled his vacation.

Because his colleague had just arrived at the hotel to register for accommodation, he immediately went out to distribute the XX Gong leaflet!

It can be seen how terrible it is for a person to embark on a crooked path! Therefore, it is more reliable to devote one's mind to accumulating wealth. One must have a sense of right and wrong and self-knowledge, knowing what is and cannot be done.

With self-knowledge, it is more important to persevere. Everyone has amazing potential, you have to believe in your youth and strength, you have to keep telling yourself, and everything depends on yourself.

The reason why I say this is because my online love poems and love letters eventually lead to such consequences: some people say, 20-year-old no, 30-year-old do you want it?

Of course, I have written "I like to be young", "I only care about you" and so on, but I really have to face this kind of "wealth" and "appearance" transactions, but I can't help but weigh it with my financial management concept: Party A provides charming youth, Party B pays money, fair trade, and children are not bullied.

But here's a fatal problem – your youth will fade, but my money won't diminish for no reason. In fact, my income is increasing year by year because of the power of compound interest, and you can't be more handsome every year.

So, from an economic point of view, I am an appreciating asset, and you are a depreciating asset, not only depreciating, but also depreciating! You are now 30 years old, and in the next 5 years, you can still maintain your body shape and maintain the appearance of being ten years younger than me (although it regresses slightly every year), but the speed of beauty will disappear faster and faster, if youth is your only asset, your value will be worrying in 10 years.

In Wall Street parlance, every trade has a position, and dealing with you is a "trading position" that you should sell as soon as the value falls, rather than holding it for a long time – that is, the marriage you want. It sounds cruel, but when it comes to a piece of goods that will depreciate at an accelerated rate, the wise choice is to lease rather than buy.

I'm certainly not a fool, so I'm not going to associate with you, let alone marry you. Because I can't afford to delay your last youth and affect your marriage, I can't bear the charge of delaying your last youth. Marrying you is not in line with my view of financial management - don't forget that I also wrote that "men are like stocks", and I have not been able to sell Mr. Pei's team for ten years.

So I advise young men and women not to look for a rich woman or to marry a rich man. Instead, you can take a good look at Belle's book and find a way to turn yourself into a rich man and a rich woman, which is much better than meeting a rich fool.