投资吗？倾家荡产的那种……

Group 1 - The real estate market experienced unexpected growth in 2020, particularly in Shenyang, where new projects were quickly sold out despite initial expectations of a downturn [1][3] - By 2023, the housing market showed signs of decline, with new homes struggling to sell and an increase in second-hand listings, indicating a potential downward trend in prices [3][5] - The perception of real estate as an investment was challenged, highlighting that properties are primarily consumer goods that may not yield profits, especially as market conditions change [5] Group 2 - Transitioning to the stock market in 2023, the company faced challenges as retail investors were left vulnerable to market fluctuations and the influence of institutional investors [6][8] - The stock market was characterized as a zero-sum game, where information asymmetry and capital advantages played significant roles, making it difficult for average investors to succeed [6][8] - The understanding of stock trading as a speculative activity rather than genuine investment was emphasized, with the potential for significant losses if not approached with caution [8][10] Group 3 - In 2025, the company shifted focus to gold as a perceived safe-haven asset, but historical trends indicated that gold could also be subject to volatility and speculative behavior [10] - The narrative of gold as a stable investment was questioned, revealing that it could behave similarly to other assets in terms of price fluctuations [10] - The overall investment journey illustrated the importance of recognizing personal limitations and the risks of following market trends without a solid understanding [11]