Di Yi Cai Jing·2025-08-12 04:59Core Insights - The article emphasizes the importance of selecting good companies, waiting for reasonable prices, and maintaining long-term investments in the stock market [1][9] Investment Returns - Over the past decade, investments in A-shares yielded nearly five times returns, averaging an annualized return of 16%, which is below the target of tenfold returns set ten years ago [1][2] - A 10% annualized return is significantly more beneficial compared to the current bank interest rates of around 2% [2] Investment Approach - The article advocates for a serious approach to stock investment, highlighting that stocks represent ownership in companies rather than mere trading instruments [3][4] - It suggests that understanding financial statements and key performance indicators (KPIs) is crucial for evaluating companies [7] Long-term Investment Strategy - The long-term performance of various investment assets shows that stocks, particularly those of leading companies, provide substantial returns, with some companies achieving an annualized return of 27.18% [6][7] - The article encourages young investors to set clear investment goals and adopt a diversified asset allocation strategy to mitigate risks [8][9] Recommended Investment Practices - Young investors are advised to start with index funds and gradually explore sector-specific ETFs to benefit from different industry growths [9] - The importance of global investment opportunities is highlighted, suggesting that young investors should not limit themselves to domestic markets [9]