50 billion dollars after a pandemic swiped the world, which tells us that even the greatest

500億美元后，一場大瘟疫席捲全球，這告訴我們，即使是最大的。

minds in the world of finance aren't insured against unexpected events.

金融界的頭腦並不保險，以防突發事件。

Even though the company managed to report a profitable quarter recently, its stock price

儘管該公司最近成功地報告了一個盈利的季度，但其股票價格

hasn't even regained itself back to pre-pandemic levels.

甚至還沒有恢復到流行前的水準。

Buffett lost his position as the third richest man in the world.

巴菲特失去了世界第三大富豪的地位。

Even people like Elon Musk, who seemed quite far away from Buffett's level, have exceeded

就連埃隆-馬斯克這樣看起來與巴菲特水準相差頗遠的人，也超過了

him.

他。

No matter how smart, talented, and hard-working you are, the market is unpredictable!

無論你多麼聰明，多麼有才華，多麼勤奮，市場都是不可預測的!

And if you are not careful, you might end up losing everything while thinking that you

如果你不小心，你可能最終失去了一切，而認為你的。

stumbled on a golden opportunity that will make you a millionaire.

碰上一個黃金機會，讓你成為百萬富翁。

While there are endless kinds of mistakes investors usually make, especially beginners,

雖然投資者平時犯的錯誤層出不窮，尤其是初學者。

there are five mistakes that most immature investors make and even sometimes experience

有五個錯誤是大多數不成熟的投資者都會犯的，甚至有時會經歷的。

investors and end up losing fortunes.

投資人，最後賠得傾家蕩產。

If you don't want to be one of them!

如果你不想成為他們中的一員!

If you want your investment to keep growing!

如果你想讓你的投資持續增長!

If you want to build a fortune in the stock market!

如果你想在股市中積累財富!

Then you have to avoid these five fundamental mistakes!

那麼你必須避免這五個基本錯誤!

So listen carefully!

所以仔細聽好了！

Confusing Investing with trading

混淆投資與交易

Beginners who just start investing imagine that you have to find new cool stocks to invest

剛開始投資的初學者想象，你必須找到新的酷炫的股票投資。

in every day or every week.

在每一天或每一週。

And if you have spent the entire month not investing in a single company, then you are

而如果你整個月都沒有在一家公司投資，那麼你是

not an investor.

不是投資者。

In the world of the stock market, there are investors, and there are traders.

在股市的世界裡，有投資者，也有交易者。

A trader is someone who buys a stock with intentions to sell on the same day or in the

交易員是指買入股票，並打算在同一天或在當天賣出的人。

next few days because the goal isn't to invest but rather buy the stock and profit from the

未來幾天，因為我們的目標不是投資，而是買入股票並從中獲利。

volatility of the market.

市場的波動性。

Have you ever seen how fast stock prices move?

你見過股價走勢有多快嗎？

They jump up and down every single minute, if not second.

他們每分鐘都會跳上跳下，甚至一秒鐘。

The price opens at a hundred dollars and closes at 105 dollars.

開價百元，收價105元。

So if you trade with a hundred thousand dollars, you can expect to make a 5000 dollar profit

所以，如果你用十萬塊錢交易，你就可以期望獲得5000塊錢的利潤。

within a day.

一天之內。

In theory, it seems like an easy way to make money, but it's much more difficult in practice.

從理論上看，這似乎是一個簡單的賺錢方法，但在實踐中卻困難得多。

Stock prices are almost impossible to predict in the short run.

股票價格在短期內幾乎無法預測。

And as a trader, it doesn't matter what stocks you are buying, even if these companies are

而作為一個交易者，你買的是什麼股票並不重要，即使這些公司是

complete trash because you are not looking to keep your money there.

徹底的垃圾，因為你不是想把錢留在那裡。

And that's what makes it so different from investing.

而這也是它與投資的不同之處。

Investing means buying tiny pieces of business that produce something meaningful and grow

投資是指購買微小的業務，產生有意義的東西，併成長。

over time, so does the value of your investment.

隨著時間的推移，你的投資價值也會隨之增加。

So if there is one company you know that its doing great, you know where is it going to

所以，如果有一家公司，你知道它做得很好，你知道它要去哪裡？

be 5 or 10 years from now, you might keep investing in that company instead of reading

5年或10年後，你可能會繼續投資那家公司，而不是讀到以下內容

unless financial reports and waste your time analysing unlimited financial statements.

除非財務報告和浪費你的時間分析無限的財務報表。

2.

2.

Number 2 - Investing Emotionally

第二條--情感投資

Whenever a certain asset is rising dramatically, you have tons of people suddenly get interested

每當某項資產大幅上漲時，你就會有大量的人突然對其產生興趣

in investing, although they didn't give a damn about it before.

在投資方面，雖然他們之前並不重視。

Remember what happened with bitcoin just a few years ago.

還記得幾年前比特幣發生的事情。

The price rose so dramatically that people who had no idea what cryptocurrencies are,

價格大幅上漲，以至於不知道什麼是加密貨幣的人。

who didn't understand how blockchain works, or the technology behind it suddenly started

誰不瞭解區塊鏈的工作原理，或其背後的技術，突然開始

buying bitcoins hoping that they are going to make a fortune.

買入比特幣，希望自己能夠大賺一筆。

I am not saying anything negative about bitcoin, blockchain, or cryptocurrencies, but investing

我並不是說對比特幣、區塊鏈或加密貨幣有什麼負面的看法，但投資

base on your emotions is a bad idea.

基於你的情緒是一個壞主意。

Usually, it turns out to be disastrous.

通常，它的結果是災難性的。

Bitcoin is just one example: remember the mortgage crises.

比特幣只是一個例子：還記得房貸危機。

Even the most qualified investors could not resist and jumped in.

就連最有資格的投資者也忍不住了，跳了進去。

However, the entire thing collapsed, and some countries are still suffering the consequences

然而，整個事情都崩潰了，一些國家仍在承受後果。

of that crisis.

的危機。

In the late 1990s, even a Giant tech company such as Yahoo made a horrible decision investing

上世紀90年代末，連雅虎這樣的巨無霸科技公司都做出了可怕的投資決策。

a few billion dollars in broadcast.com, which two years later, they had to shut it down,

幾十億美元的廣播網，兩年後，他們不得不將其關閉。

but mark Cuban was smart enough to sell his entire stake before everything collapsed.

但馬克・庫班很聰明，在一切崩潰之前就賣掉了他所有的股份。

Here is a rule of thumb.

這是一個經驗法則。

If it's already in the news and rising dramatically, you missed the opportunity, accept it, and

如果已經出現在新聞中，並且大幅上漲，你就錯過了機會，接受它，並。

don't feel bad about yourself.

不要為自己感到難過。

By the time you get in, that cycle might be at its peak.

等你進去的時候，這個週期可能已經到了頂峰。

Any investment you make should be based on rational, calculated risk.

你所做的任何投資都應該建立在理性的、經過計算的風險基礎上。

Yes, of course, you might end up missing some great opportunities but you will avoid the

是的，當然，你最終可能會錯過一些好的機會，但你會避免了

risk of losing all of your wealth and build sustainable portfolio overtime.

失去所有財富的風險，並長期建立可持續的投資組合。

Worlds greatest investor Warren Buffett missed the opportunity to invest in google, amazon,

世界上最偉大的投資人巴菲特錯過了投資google、亞馬遜的機會。

and a lot of other great companies.

和很多其他偉大的公司。

There are two types of stocks worth buying.

值得買的股票有兩類。

A stock of a company that has a promising future and its current stock price does actually

一家公司的股票，其未來發展前景廣闊，而其目前的股價實際上是

represent its value today and not 5 or 10 years from now.

代表其今天的價值，而不是5年或10年後的價值。

And secondly, a stock that's for one reason or another undervalued.

其次，是由於某種原因被低估的股票。

Everything else probably doesn't worth your money.

其他一切可能都不值得你花錢。

3.

3.

Number 3 - Waiting too long to start

第3條--等待太長時間才開始

Investing is all about time.

投資就是要看時間。

The earlier you invest, the more you are going to earn.

越早投資，賺的越多。

One hundred dollars invested when you are 20 will turn to 466 dollars by the time you

20歲時投入的100元，到了20歲就變成了466元。

get 40, while the same 100 dollars invested when you 30 will turn to just 215 dollars

得40元，而同樣的100元投資，當你30歲的時候，將變成只有215元。

by the time you reach 40.

到了40歲的時候。

That's assuming if you invest it in an index fund with an annual rate of 8 percent.

那是假設如果你把它投資於年利率8%的指數基金。

I know that you might be thinking that let me wait until I figure everything out, but

我知道你可能會想，讓我等著，直到我弄清楚一切，但是

that time will never happen.

那個時候永遠不會發生。

There will always be something you don't know.

總會有一些你不知道的事情。

It might sound a bit controversial because just a moment ago, I warned not to invest

這可能聽起來有點爭議，因為就在剛才，我警告不要投資於

if you don't understand what you are doing.

如果你不明白你在做什麼。

That's true, but you don't have to be a financial genius to start.

沒錯，但你不一定要成為金融天才才能開始。

If you are not much into the stock market, invest with an index fund.

如果你不太喜歡股市，投資與指數基金。

Start with a fraction of your savings or monthly Paycheck and then give yourself some time

從您的存款或每月工資的一小部分開始，然後給自己一些時間。

to learn.

來學習。

And once you educate yourself, you can go ahead and invest in companies you believe

一旦你教育了自己，你就可以去投資你相信的公司。

are going to do better than the SP500 in general.

是要比SP500總體上做得更好。

I know that you might not have the time, but you don't need to spend Horus and hours looking

我知道你可能沒有時間，但你不需要花荷魯斯和時間去尋找。

for companies every day.

每天為公司。

You have to do it once to twice a month.

你必須一個月做一次到兩次。

And once you find a good investment, just keep investing there.

而一旦找到好的投資項目，就在那裡繼續投資。

My biggest position is in an ETF.

我最大的倉位是ETF。

I also invest in individual companies, but I am very careful with that because I don't

我也投資於個別公司，但我非常小心，因為我不。

want to spend a ton of my time every day to track these stocks.

想每天花大量的時間來跟蹤這些股票。

4.

4.

Number 4 - Not being able to look outside the stock market

第4條--不能跳出股市看股市。

Real estate and the stock market are the coolest investments, but there are not necessarily

房地產和股市是最酷的投資，但不一定有

the best.

最好的。

My best investments that I have made were all in business that I started,

我所做的最好的投資都是在我所創辦的企業中。

The stock market is more to keep my money growing while I am busy growing my businesses.

股市更多的是讓我的資金不斷增長，而我卻忙著發展自己的事業。

Because if I keep them in a saving account.

因為如果我把它們放在一個儲蓄賬戶裡。

Inflation would eat them out.

通貨膨脹會把他們吃掉。

So I invest in stable companies that have some room for growth.

所以我投資的是穩定的、有一定成長空間的公司。

Maximum what you can expect from the market is 7, 8, or at best 10 percent.

你能從市場上得到的最大期望是7%、8%，或者最多10%。

Of course, it's different every single year because there were times when sp500 was higher

當然，每年的情況都不一樣，因為有的時候sp500比較高。

by 20 percent, but other times it was down by a negative percentage.

了20%，但其他時候卻下降了負數。

But when it comes to a small investment in a small business that seems to be working,

但說到小本投資小本創業，似乎還真有效果。

returns can be a few hundred percent of not thousands.

回報率可以是百分之幾百不上千。

You have the ability and the power to influence it, while when it comes to these multi-billion

你有能力和權力去影響它，而當涉及到這些數十億的

dollar corporations, you can't do anything.

美元的公司，你不能做任何事情。

So don't be blinded by the stock market.

所以不要被股市矇蔽了雙眼。

The best investment specifically for you might be under your nose.

具體到你身上，最好的投資可能就在你的鼻子底下。

5.

5.

And finally, Investing what you can't afford

最後，投資你買不起的東西。

It's easy to get excited about investing.

投資很容易讓人興奮。

I get it.

我明白了。

You see all of these numbers.

你看這些數字。

You want to jump in and nail it so that your bank account gets filled with those green

你想跳進去，釘住它，這樣你的銀行賬戶就會被那些綠色的東西填滿。

papers, or to be more precious with those numbers.

文件，或者說是為了更加珍貴這些數字。

And that was the case with me well.

我的情況也是如此。

But you have to consider other factors as well before you throw your money in.

但在投錢之前，你也要考慮其他因素。

If you need that money in the next few months or so to cover your basic expenses, then it

如果你在未來幾個月左右需要這筆錢來支付你的基本開支，那麼它

doesn't worth it to invest.

不值得投資。

Here is why.

這就是為什麼。

Since the market is unpredictable, even if its a huge and stable company, in the long

由於市場是不可預知的，即使是一個龐大而穩定的公司，從長期來看，也是一個很好的選擇。

run, it will probably grow, but in the short run, the stock price might fall, and if you

運行，它可能會增長，但在短期內，股價可能會下降，如果你

suddenly need money to cover your basic expenses, you might end up selling your investments

突然需要錢來支付基本的開支，你可能最終會賣掉你的投資。

at a loss.

茫然無措。

So, don't get overexcited.

所以，不要過於興奮。

Of course, start as early as possible, but be rational about the amount you want to invest.

當然，要儘量早開始，但要理性對待自己的投資金額。

It's better to start with something smaller but consistent, even if that means just a

最好從小而一致的事情開始，哪怕只是一個小小的

few hundred bucks a month.

每月幾百塊錢。

If you have just started investing or high interested.

如果你剛開始投資或興趣高。

Please take these mistakes into account.

請考慮這些錯誤。

I don't have any other interest other than helping you by sharing my experience with

除了分享我的經驗來幫助你之外，我沒有任何其他的利益。

it.

它。

It is just so painful to lose the money you worked so hard to earn in a blink of an eye.

眨眼間就失去了自己辛辛苦苦賺來的錢，實在是太痛苦了。

I am not saying you will never lose anything because that's a fundamental part of the game,

我不是說你永遠不會失去任何東西，因為這是遊戲的基本組成部分。

but minimizing losses and mistakes is a crucial part of success in anything, including the

但在任何事情上，最大限度地減少損失和錯誤是成功的關鍵部分，包括

stock market.

股票市場。

And now, its time to smash that like button if you have enjoyed the video and found it

現在，它的時間粉碎喜歡的按鈕，如果你喜歡的視頻，並發現它

helpful most importantly.

有用最重要的是。

And if you are new around here, make sure to subscribe and turn on your notifications.

如果你是新來的，請務必訂閱並打開你的通知。

Thanks for watching and until next time.

謝謝你的觀看，直到下一次。