My investment experience: the perception of investing in A shares

From the regular investment in the CSI 300 Index in 2011 to the harvest in 2015, it took me three years to experience the gist of Rogers and Buffett’s book for the first time:

1. To invest, choose a variety with a long-term upward trend.

Judging the long-term trend of some varieties does not actually require much difficult professional knowledge or proficient professional skills. In many cases, we can get simple and clear answers through open consultation.

Judging the current macroeconomic situation in this way, our country's economy has not only not been depressed under the continuous suppression of the United States over the years, but has continued to rise steadily, especially under the circumstances of this year's major epidemic. Will A-shares, a long-term economic barometer, look bad in the long run? In the long run, will it always lie at around 3300 points (Shanghai Composite Index)? I believe that most people can judge it with common sense.

2. When buying an investment product, it must be when it is ignored or not favored; while selling it is the opposite, and it must be cleared decisively when everyone is eager to enter the market.

To judge this point, in addition to looking at the rise and fall of the index, you can also get the basis for judgment from a large number of daily life.

For example, we can clearly judge the current market atmosphere by reading articles in the media every day. Whenever a large number of articles start to reflect the misery of stockholders, and a large number of experts call for the country to rescue the market and even scold A-shares, we can start to make regular investments. Whenever the media starts to report interviews with aunts and uncles who have gained profits in the stock market, we can sell them in batches.

In addition, you can also judge the general market trend from the conversations of colleagues around you: when you talk about the stock market and people around you look at you strangely, buy with confidence; When you start talking about the stock market, you have to start selling.

After this period of experience, my biggest growth is the change of my investment mentality: whenever I see the various emotions and mentalities of the people in the investment market, I can think of my previous experiences and feelings. But now that I have escaped this mentality, when I look at others, I will have a feeling of looking down.

This feeling of looking down will make one's mind extremely calm and calm.

Since then, investment is no longer a worrying and worrying thing. I no longer think about the market and trends all the time. Basically, I only need to spend five to ten minutes a day browsing the main financial articles of the day to grasp the current economic trend. As long as the trend does not change, I will continue to maintain the established investment operations. People have changed from slaves of market conditions to masters of market conditions.

When a person changes from a slave to the market to the master of the market, he also has a lot of spare time to read more books and find more investment opportunities. It was also after this that I was lucky enough to find what I regard as the biggest and most important investment opportunity in my life: digital currency. This is something later, and I will share it with you later.

Speaking of the stock market, because of the experience of A-shares, I have a different point of view: Many people say that A-shares are casinos and a place to cheat money, but I like A-shares very much. One is because there are indicators such as the Shanghai and Shenzhen 300 that the country will definitely protect the market, and the other is because it is long and short.

We have searched the stock markets of various countries around the world and various stocks in the stock market. Which "stock" will be carefully protected by the state like the Shanghai and Shenzhen 300? I can't find another such safe investment target. For me, who is averse to risk, such an investment target is simply perfect.

The ups and downs of A shares have always been criticized by many "professionals", but I especially like it.

When we make any investment, in addition to looking at the increase in an investment product, we also look at the bargaining chips we can get. No matter how high the increase is, it doesn't make any sense if there are too few chips.

An investment product has increased from 1 yuan to 10,000 yuan, which has increased by 10,000 times. My principal is only 1 yuan, and the final gain is 10,000 yuan. An investment product has only increased from 1 yuan to 20,000 yuan, which has only doubled, but my principal is 10,000 yuan, and the final harvest is still 10,000 yuan.

But in the investment market, is it easier to find an investment target that can increase by 10,000 times, or is it easier to find an investment target that can only increase by 1 times, but the principal is 10,000? Of course it is the latter.

To make up enough capital, for ordinary investors, it is necessary to save money from daily income to invest, which requires a high time cost. And only a very long bear market can give us such a time cost.

So I especially like the bear market, the longer the bear, the more I like it. For A-shares, I can’t wait for the Shanghai Composite Index to return to below 2800 points, and for another year, so that I can receive more chips; for digital currencies, I can’t wait for Bitcoin to bear another year and return to below 10,000 US dollars. Let me collect more coins.

Looking at U.S. stocks by this standard, I am very uncomfortable, because U.S. stocks are short-term and long-term. This round of the U.S. stock market Dow Jones Index was almost as low as nearly 5,000 points after the 2008 financial crisis, but soon began to rebound and went all the way to the current 30,000 points, forming a bull market for more than 10 years. If I make a fixed investment in such a market, it is likely that I will not dare to invest when the Dow Jones Index exceeds 10,000 points, because it will rise too sharply and I will fear that the bubble will burst at any time and I will not dare to start.

In such a market, the time to collect chips is too short, which is not suitable for most people.