The poor are poor, the rich are rich

Chapter 95 3 Investing Like a Game
Chapter 203 Invest like a game
Investment has many similarities with games. In a sense, investment is a kind of game.Most of the masters who play games are people who are well versed in the game.They are familiar with the investment rules, indulge in the investment process, focus on their own business fields, have no distractions, and obtain wealth that ordinary people can't match.

Buffett has loved playing with stocks since he was 11 years old. Just like other children who like to study model airplanes, he likes to tabulate stock prices and observe the ups and downs.He regards investing in stocks as a favorite game, and his enthusiasm has not diminished for decades.It is said that he, who is now the richest man in the world, is still thinking about investment 24 hours a day.One evening, Buffett and his wife, Susan, were invited to a friend's house for dinner.After dinner, their friend set up a slide projector to show them pictures of the pyramids. At this time, Buffett suggested that his friend show Susan a picture, and he himself was very interested in going to his friend's bedroom to read an annual report.Reading annual reports is Buffett's hobby, just like many of us like to play CS after get off work.

One of the reasons why Buffett is so successful is that he is well versed in the rules of the investment game, treats investment as a game, and is not dragged down by the pressure he puts on himself like many investors do. Therefore, when most people lose everything, he But like a fish in water.Treating investment as a game, not just making money, is Buffett.It is precisely because investment is a game he is passionate about, not a career to support his family.So, he's always fully invested—as engrossed and focused as a kid playing truant to video games.

Taking investment as a game does not mean that your attitude towards it can be lazy and casual.In fact, gamers are the most dedicated people.Playing games allows you to enter a good state of relaxation, neither overly tense nor completely loose, and it allows you to see the changes in the investment market clearly.Therefore, if you want to invest successfully, the best way is not to regard investment as a matter of purely making money, but to integrate it into your life as a game, so that investment will no longer be filled with the smell of too much money, so that you will keep your investment in mind. Enduring interest and lucid awareness.

Investing is a game that can be mastered, and no matter who you are, you can try it.For example, it is the simplest, you might as well stick to it with your children.For example, to make your child a rich man, you can follow the following rules of the game according to your current economic situation:

If your child is just born, and you plan to make him (her) a billionaire when he (she) is 60 years old, you only need to invest 7744 yuan per month from now on, and the annual rate of return is guaranteed to be over 12%. Then 60 years later his (her) capital will accumulate to 1 million yuan.

If you have saved him (her) 2 yuan now, you only need to invest 5742 yuan a month, and he (she) will become a billionaire in 60 years.

If you already have 10 yuan now, and the annual return on investment is 12%, then not only do you not need to reinvest, but you can also get a monthly return of 2264 yuan, and your child will become a billionaire when he is 60 years old. rich man.

Some parents will say that we can’t save that much money every month, so you can save 100 yuan every month. If your annual return on investment is 12%, it will be 60 yuan after 1291376712 years. The child will also become a multi-millionaire.

There is no special mystery in investing, and it does not require too complicated skills. As long as you understand the rules of the investment game and keep playing according to the rules of the game, you will be the final winner.Investment is not the monopoly of the rich, and everyone who has more or less money needs to take good care of their own money.

The most common way to manage money is investment. Now we can invest in more and more financial products: A shares, B shares, closed-end funds, open-end funds, treasury bonds, corporate bonds, corporate convertible bonds, futures, gold, foreign exchange, real estate etc.In the face of numerous investment varieties, we need to understand the basic common sense of investment and improve our investment level in order to obtain more wealth like the rich.

(End of this chapter)