In 2023, you need to upgrade your awareness of making money

Hayek, the master of economics, said: Money is one of the greatest tools of freedom invented by human beings. Only money will be open to the poor, but power will never be. British novelist Henry Fielding: Treat money as a god, and it will toss you like a devil. If you want to get money, you first need to have a correct view of money. Money is just a tool. Applied properly, it can gain independence and freedom for you and me. If used improperly, it can destroy your family and career. Don’t be a slave to money, be the master of money.

Speaking of making money, I have observed that many highly educated people are always ashamed to speak out, which may be caused by our years of education’s inherent prejudice against “fame and wealth”. When it comes to money, we unconsciously think of “vulgar things” “Fame and fortune” funny impression. A gentleman loves money, and he gets it in a proper way, and a gentleman loves fame and wealth, so it’s not impossible for a gentleman to love money. The weight of a person’s life comes not only from kindness, justice, conscience, responsibility and responsibility, but also from wealth, status and prestige. As long as he or she does not cross the legal and moral threshold to make money, he (she) should be respected by the society.

In the past three years, under the ravages of the virus, economic activities have been suppressed, “mortgage payment cut off”, “company layoffs” and “store closures”…For individuals, it is more difficult to make money than it was a few years before the epidemic. “Poor” has become a self-deprecating tactical label. In fact, material poverty is not terrible. What is terrible is spiritual poverty, which is the kind of flaw in the perception of money. The underlying logic of making money in a person’s life cannot be written on a piece of A4 paper: there are only two, the time model of buying and selling and the model of using money.

Buying and selling time patterns are ways of making money by buying and selling your own or other people’s time. If you explain it this way, you will definitely be very confused, that is, if you continue to look down, it is actually very simple. For a person, there are three different modes of buying and selling time. The first is to sell one’s own time at a time. The vast majority of migrant workers are in this mode. They go to work in the company from 9 to 5 every day. It means selling 8 hours of your day to the company, and wages are the price of time. Increasing the price per unit of time has become the core of this model, improving one’s work skills, enhancing one’s own work value, and creating one’s scarcity in the workplace… just to sell a good price for one’s own time.

The second model sells the same time multiple times. This model is more advanced. Many people don’t know how to sell the same time many times? The sales volume of the “Golden Age” written by Wang Xiaobo you read is that the author has sold so many times the time spent writing this book; the WeChat and other apps you use are those developers who have sold their collective time many times; The music you listen to, the movies you watch… are all ways to sell the same time of the author many times. The core of this model is to do everything possible to increase the number of sales of your own time and create long-selling works.

The third is the boss model, which buys other people’s time at a low price and sells it at a high price to earn the difference. This method is the highest level of buying and selling time mode, and it is very difficult. To establish an enterprise or company, under the conditions of other production factors, buy other people’s time at a low price, through the operation of the business model, create the products or services needed in the market, and sell them at a high price, thereby earning profits. At the heart of this model is an effort to find employees whose time is undervalued, both at the top and at the bottom. The development of an enterprise, business model, corporate culture, rules and regulations… are important, but in the end they still need a group of excellent people to drive them. This is like a car with high configuration, but it cannot move forward without a driver.

The above-mentioned three modes of single selling, repeated selling, and buying low and selling high are the secrets for most people to make money. The underlying logic of this cognition is that it does not distinguish between countries, races, and Skin color, regardless of gender… everyone is the same. Time is extremely precious to everyone, it is an extremely scarce non-renewable resource, time is life, selling time is selling life, wasting time is wasting life. Therefore, in the money-making model of buying and selling time, we still need to stick to three principles: first, growth is the key, what is growth? It is to improve a little bit every day, to understand one more practical skill, to understand one more proverb… Second, pay attention to value and ignore price. When you start to pay attention to price, you will forget your value and do it unconsciously Raising the price, instead of trying to find ways to grow and increase your own value, Bridgewater founder Rui Dalio: Don’t let your valuation exceed your actual value; third, patience is extremely important, the power of patience , It is equivalent to the compound interest effect in transactions, and it will definitely be shown in the future through the compound interest effect. Impatient people will not work hard and pay more attention to their own prices. They only focus on short-term benefits. From a long-term perspective, they will gain little.

In addition to the time trading model, the other is the money model, which is the financial investment that everyone knows, whether it is in the primary market or the secondary market. I remember Li Xiaolai once said: It is a miracle in today’s world that ordinary people can freely participate in the securities market, and it belongs to the ninth wonder of the world. For modern people, this is also a way to obtain wealth. However, this road is far from easy as everyone imagined. The securities market is a competition for cognition. The investment income comes from your cognition of the future. The deeper the cognition, the greater the income. You will never make money beyond the scope of your cognition, unless you rely on luck, and often the money you earn by luck is lost by strength in the end. When a person’s wealth is greater than his own cognition, this society will harvest you in 1000 ways until your cognition and wealth match. Obviously, on this road, trying to improve the depth and breadth of your cognition is what you need to do.

For an ordinary person, learning how to manage money is extremely important. First, there is one more way to make money that is different from the time model of buying and selling; second, the essence of investment is to use money to make money, and it is to make money 24 hours a day. Third, it is difficult for ordinary money to create commercial value. Once the money is used to buy stocks in excellent companies, it means that ordinary people are instantly promoted to become bosses, and those elites who are most able to create commercial value will You work. Therefore, even though this road is difficult, we still need to have light in our eyes and move forward bravely.

Our society has too much demonized the securities market, “all leeks”, “doing nothing”, “the stock market is a casino”… These labels are a bit embarrassing. However, if you think about it carefully, there is a big logical loophole in it. There are leeks in the market, but you are not necessarily leeks; Is it objective to judge the stock market as a casino just because you buy and sell a few stocks? Can some stocks replace the entire stock market? Objective, rational, calm, make decisions and act. In this article, the concepts and skills involved in investment are not written. If you are interested, you can refer to the previous article “I want to hit 10 rings when I come up. Who gave you the courage?” “”Self-cultivation for novice investors”.

For the vast majority of ordinary people, the two money-making modes in the article, namely buying and selling time and using money, have a sequential order in the operation process. Generally, after earning a part of the principal through the buying and selling time mode, use this money Money to invest in operations, so as to realize wealth appreciation.

Yuval Noah Harari said in “A Brief History of the Future”: The greatest achievement of human society in the 20th century is to overcome famine, plague and war. But, over the past year, you’ve seen convincing conclusions turned into lies. The world is impermanent, and so is life. But we must not lose our courage and confidence in facing the future. I wish you all the best in the new year!

$Kweichow Moutai(SH600519)$ $Tencent Holdings(00700)$ $Apple(AAPL)$

There are 12 discussions on this topic in Xueqiu, click to view.
Snowball is an investor social network where smart investors are all here.
Click to download Xueqiu mobile client http://xueqiu.com/xz ]]>

This article is transferred from: http://xueqiu.com/8789404130/240034131
This site is only for collection, and the copyright belongs to the original author.