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Chapter 469

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    ?

    ——"Then let's go to the place to eat first and ask, if possible, go with people with a big table like them."

    This time, the two basically agreed.

    However, the two of them did not go in the end, because the people at the inn said that the temperature was not stable recently, and it was very cold there, and the clothes they wore were not good.

    Just like that, the two had no choice but to leave the village on foot, and then went to Feilai Temple to pick up their luggage and go back to the city.

    Although there are regrets for this trip, but there is room for everything, so I will give an excuse to come back next time, right?

    This place is definitely worth a visit again.

    Unexpectedly, fate is really amazing.

    After Chu Lihua and Monk Yun went back to the city, they went to the inn to rest for a while, and then went out to worship the Wu Zang Temple.

    When they were strolling around the ancient city looking for food, the two met Wang Xiaoxiao by accident.  So, of course, we ate together.

    —— "How about we go eat yak hotpot together?"

    Wang Xiaoxiao suggested——

    "I have no opinion."

    Shang Yun agreed immediately.

    ——"I heard it doesn't seem cheap."

    Chu Lihua hesitated.

    ——"It's okay, it's just a few hundred dollars."

    Wang Xiaoxiao and Shang Yun spoke almost at the same time.

    It was only then that Chu Lihua remembered that although the two of them seemed to be very frugal in spending on tickets, travel expenses and accommodation.  But in fact, both of them are rich!  A teacher in an aristocratic school and a gold collar in the financial industry.

    Well, it's not bad to be lucky enough to know them.  Maybe you can ask about how to manage money while eating together.  After all, Chu Lihua did not forget the money she lost in the so-called offshore financial management.  To be precise, it is being greedy No, it is not a formal financial management platform.

    Thinking of this, of course it is to eat yak hotpot together.  After all, it can be regarded as a local specialty, and you may not be able to eat authentic ones here.

    While waiting, Chu Lihua asked Wang Xiaoxiao straight to the point.

    ——"Smile, I would like to ask how to choose a wealth management platform?"-

    "Do you have a lot of spare money?"

    Before Wang Xiaoxiao could speak, Shang Yun asked Chu Lihua first.

    ——"No, I have suffered a lot from this, so I took precautions before they happen. Besides, it is always right to ask the industry leaders for advice."

    ——"I can't talk about the industry leader, I just happen to be in this industry."

    Wang Xiaoxiao is more modest.

    ——"Then Xiaoxiao, do you have any good suggestions for us laymen? Or your personal opinions are fine. It is always right to learn more and ask for advice."

    Shang Yun is also interested. It is estimated that the previous "subsidy" has not yet found a suitable financial management channel.

    ——"Ask for advice is out of the question. It can only be said that we are chatting."

    ——"Okay, let's chat while eating."

    Just in time, the waiter brought the hot pot.

    ——"Actually, for personal investment and financial management, the best method is the method recommended by Mr. Buffett before."——

    "what way?"

    ——"Long-term investment in stocks, regardless of any strategy, just long-term holding, can obtain an average annual compound rate of return of 9% to 15%; with the correct strategy, an annual compound rate of return of about 20% can be obtained.

    This rate of return is also Buffett's annual compound rate of return. Don't underestimate this figure. If you can guarantee such a growth rate every year for a long time, there will be a wealth accumulation effect like a snowball.

    If someone says that he can easily help you obtain an annualized rate of return of more than 30%, or even earn 30% monthly, there is no doubt that this is a scam.  "

    ——"But, isn't it said that in the stock market, seven losses, two draws and one gain? I don't think we can be so lucky."

    ——"Yes, so, Mr. Buffett suggested that we ordinary people can buy index funds. Why does Buffett repeatedly recommend index funds? What exactly is it and what is its magical power? Why is it said that for ordinary investors, index funds  Is it the best choice?"

    Wang Xiaoxiao paused for a moment before continuing.

    ——"The index is a stock selection rule, its purpose is to select a basket of stocks according to a certain rule, and reflect the average price trend of this basket of stocks.

    It is a bit difficult to understand, so it is difficult to give an example.  usIndexes are often encountered in daily life.

    For example, the grade point average of a class.  We add up the Chinese test scores of the students in this class to find the average, which is a "Chinese score index".  The trend of this "language performance index" can reflect the trend of the average Chinese performance of this class.

    This is what the index does.

    There are thousands of stocks in the stock market, how do we know whether they are going up or down today as a whole?  The stock index was born.

    For example, CSI 300, CSI 500 and so on.

    There is a saying in our industry that buying an index is buying the luck of the country.  Because no company can live forever, but index funds can achieve immortality by absorbing new companies and replacing old companies.

    In theory, the lifespan of an index is equivalent to the lifespan of a country.  As long as the government of the country where the index you choose does not fall, the index will rise in the long run.

    The companies behind the index will continue to re-invest the money they earn every year, so that they can bring more profits in the coming year.  This continuous interest rate will push the index to continue to rise.  "

    ——"Is the Shanghai and Shenzhen 300 you mentioned an A-share? It is said that if you bought it in 20708, you should have been losing money now, right?"

    Chu Lihua still has a little common sense.

    ——"You, your understanding is probably correct. But the CSI 300 is the index of the 300 largest stocks in the domestic stock market. There is also the simplest law for buying index funds. Buy when it is undervalued and sell when it is overvalued.  "-

    "Undervalued? Overvalued? What do you mean?"

    Obviously, Chu Lihua and Shang Yun didn't understand.

    ——"Underestimated is simply when the market price of the fund is lower than the actual value. Conversely, overvalued is when the market price is higher than the actual value."

    ——"But to be honest, we still don't understand."

    ——"Well, if you really want to learn, you can buy a book about index funds to learn, after all, it is definitely not clear in a few words.

    But one thing to remember is that when screening, we must first pay attention to the rate of return.  The so-called wealth management products on the market, once the rate of return is greater than the loan interest rate, it proves to be risky.  "

    ——"Well, choose an index fund, and if the rate of return is too high, it must be unrealistic. I remember it."

    Although Chu Lihua's face was covered, she still wrote it down seriously.

    This hot pot meal made everyone excited.

    Especially Chu Lihua, although she didn't know exactly how to manage money, she had a direction to learn.  (Remember the site URL: www.hlnovel.com
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