Stock market is going to crash? 美国股市要大跌了吗?

US stock market seems to rise so well, such that people start to forget how it feels when it crashed last year. 美国股市最近涨的太好,以至于人们忘了去年股市大跌的惨状 Are we going to ride like this forever? The answer definitely is No. sp500 now sits on a dividend rate 1.3%, lower than bubble peak, the price level certainly is notContinue reading “Stock market is going to crash? 美国股市要大跌了吗?”

投资和投机 Investing v.s. Speculation

Investing or speculation are two very different ways of thinking. If a person sees the asset valuable and want to hold for a long time, he would like to buy it at the right price and hold it for a long time until the value is not worthy in his opinion. If a person isContinue reading “投资和投机 Investing v.s. Speculation”

无为投资 Effortless Investment Style

It is not a negative term at all to invest effortlessly. As we all know, most active investments can’t beat the broad market and the management fee and expense is way higher. A lot of famous hedge funds can’t consistently beat the market either. I bought renaissance hedge fund which claims to be one ofContinue reading “无为投资 Effortless Investment Style”

财富自由 Financial freedom

Usually we achieve the financial freedom by generating passive income. Once the passive income can cover the cost of living, people don’t need to work anymore. It doesn’t mean you stop working completely, but actually means you have the freedom to do what you want to do and plan your life with complete control. 通常我们通过被动收入来获得财富自由。如果被动收入能够支付所有的花销,人就不用在工作。不用工作的意思并不是不做任何事情,而是有自由去做更多的事情。不用在为钱工作,而是根据你的兴趣和喜欢的生活方式来计划你的生活。Continue reading “财富自由 Financial freedom”