These years, just since MY graduation (2006)…

Talk about investment, inevitably talk about the stock market; Stock market at ordinary times it doesn’t matter person to talk about, the talk of everybody when general rise sharply slump rises. But in the latest week, as stock markets around the world plunged and investors lost money, it was hard not to think it was easy to invest.

I graduated in 2006, which was also the year I got into the stock market, because that was the beginning of a big bull market. At the same time, I happened to be in the banking and securities business system, so I stood on the cusp of the stock market that year. Everyone who participated in the stock market that year was in good spirits and glowing with the daily flow of money from banks into brokerage accounts and the subsequent rise in the stock market.

At that time, I was also engaged in development and technical support. When I received a complaint from a big customer, he said that he had transferred a sum of 1 billion RMB, but had not entered the account for a long time. He was so angry that he shouted to us: how much money was lost every minute?

Going back to investing, obviously more than the stock market, what has been the best investment of the year? I’m sure you’ve all thought of it, maybe real estate, but how good it is, let’s quantify it.

When I graduated, I worked in Guangdong. Shenzhen is a typical city with real estate appreciation in Guangdong. The average annual price of Shenzhen has risen from 7,000 yuan in 2006 to 55,000 yuan now (data from Lianjia), and the annual average income has reached 65% in the past 12 years.

What about the stock market? Is it a casino, as is often said, where people go in and out of a zero-sum game with little investment value? The average returns of several major a-share indexes in recent years are calculated as follows:

  • Shanghai: 2600/1100/12 = 19%
  • Shenzhen: 7500/2800/12 = 22%
  • Shanghai and Shenzhen 300:3170/920/12 = 28%

Even after the slump of recent years (the index just hit a new low this week), the 12-year annualized average return is around 20%, which kills all other types of wealth management, including P2P lending, which has been particularly hot in the last two years, without running away.

There are many stocks stronger than the index, and there are more stocks weaker than the index. The index just represents an average level; The ability to invest in the stock market is to see if you can pick a portfolio of stocks that outperform the index. Without this ability, investment index can also be, just need to face their own human nature of panic and greed.

In addition to real estate and the stock market, is there any other domestic investment that only costs money, is not laborious, and can control the risk to achieve the expected double-digit returns? There aren’t that many options, but there’s one that we tend to overlook: investing in yourself.

When I graduated in 2006, it was the biggest bull market in The history of A-shares, with the index rising six-fold in two years, and EVEN then I didn’t make any money. I worked for more than a year, saved a little money, and soon the super bear market of 2008 came.

The advantage of the bear market is that you can stop worrying that the dream of making a fortune on the stock market is broken, concentrate on your work and study, invest in your own growth and development, and achieve an average annual increase of 66% according to the salary of the year you just graduated compared to today.

The fact that the numbers were so good — a triumph that barely beat the pace of real estate appreciation — may have been largely due to the low starting salaries of new graduates at the time. This year the school recruit to see a few head Internet companies to the school recruit starting salary price, feeling after the wave pressure billow.

Looking at the best investments of recent years, the past is always certain, while the future is more uncertain. Will housing prices keep rising in the future? The stock market is always treacherous, uncertain; While investing in yourself is more certain, there is a saying that goes like this:

One major difference between intellectual investment and financial investment is that all intellectual investment has some value. Even if you never use a technology at work, it can affect the way you think and solve problems. Therefore, anything you learn has value, but it may not be directly, materially rewarding, or related to your current job.

.

I forgot to mention bitcoin, mainly because it came into my mind too late to make a judgment so far.

How have your investments been these years? How do you invest your money in the future?

Write some words, draw some pictures, record the moment of growth. Wechat public account “instant”, since we met, it is better to go together.