opened the account and saw that I had invested for 1,897 days. I still felt a lot of emotion when I saw this data. I didn't expect that I had persisted for so long. I encountered many encounters along the way and felt the ups and downs of the market.
Let’s talk about what I have gained in this fixed investment journey today.
1. Gained beliefs
In the past, I thought that what is important in investment was knowledge and strategy. As the investment years grow, I feel more that investing is actually a belief.
is at the bottom, you firmly believe that the market will recover and will not be scared away by the decline. You can survive the volatile period, believe in the role of compound interest, and believe that investment can help you gradually become rich.
Only with belief can one persevere, otherwise you will only be more afraid of investing. When encountering a long road to decline, your mentality will easily collapse.
used to be in the past when he encountered a decline, he would shout: "Ahhhh, why did it fall again..."
now when he encountered a decline, he would think that the opportunity has come. I want to seize the opportunity and increase the intensity of fixed investment.
used to look at my account three times a day, but now if I didn’t review it, I really can’t remember the account.
Think of this example in the book "Teaching you to choose a good fund to make money":
There was a person who entered the market at a high position in 2008, and everyone would definitely feel that he was losing money. But the ending was that he doubled his profit. Why is this happening? That was because he forgot his account and password, which made him unable to buy and sell funds. Ten years later, he remembered the password and logged in to read it. Unexpectedly, there was such a big surprise.
Will you believe it or not to believe it when you see such a story? I believe it, I believe that if I persist in investing for so long, I can also gain good returns. This is also the motivation for me to insist on regular investment.
2. Gaining knowledge
In the past, I knew nothing about fund stocks, and I was just investing blindly at the beginning. Now I have a certain basic knowledge and can make certain analysis and judgments on market conditions, fund conditions, etc. to help myself invest better.
Now, whenever I have time, I will read financial management books. I used to read investment strategies, but now I want to read some investment mindsets and other people’s investment process, so that I can calm myself and understand some of the true meaning of investment.
Suddenly remembered that those who practice martial arts have been pursuing various moves in front and then comprehension of the highest level later, that is, no move is better than there is a move, and investment is actually a practice.
3. Harvest skills
Because I often record my investment insights, my writing ability has also improved. My writing skills have allowed me to find more opportunities to do side jobs, further increase my income, and accumulate investment capital.
Writing and investment complement each other to form positive feedback. Investment talks about compound interest, while writing is actually a compound interest, and many things are actually the same.
In addition to the above 3 points of gain, I also gained like-minded friends and improved my financial thinking. In the past, when dealing with money, I considered saving and just treated money as money. Now I would consider what is behind the money, including resources, opportunities, time, etc.
These are the changes brought about by exposure to financial investment. Even if these gains are not used in investment, they will make me live a better life even if they are not used in investment.