Core Viewpoint - The article emphasizes the importance of having a clear investment goal rather than merely focusing on making money, suggesting that a well-defined objective serves as a guiding compass for investment decisions [2][3][24]. Group 1: Investment Challenges - Many investors operate without a clear destination, leading to a lack of direction and ineffective decision-making [3][4]. - The absence of quantifiable goals results in emotional and chaotic investment actions, driven by market noise and personal feelings [4][5]. - This chaotic approach leads to fragmented actions, where decisions are made based on short-term market movements rather than a coherent strategy [5][6]. Group 2: Effective Investment Strategies - The "Dividend Income" strategy exemplifies a clear and practical investment goal, focusing on building a portfolio that generates stable cash flow to cover living expenses [8][9]. - This strategy shifts the focus from abstract asset appreciation to concrete annual cash flow, providing a clear target for investors [9][10]. Group 3: Value Averaging Strategy - The "Value Averaging" strategy is introduced as a more universal and powerful navigation system for investors seeking long-term asset growth [11]. - Unlike traditional fixed-amount investments, this strategy aims for a predetermined growth path, adjusting contributions based on market performance [11][12]. - The mechanism of this strategy encourages buying more during market downturns and selling during upswings, effectively implementing a "buy low, sell high" approach [13][14][15]. Group 4: Systematic Approach - The value averaging strategy incorporates a "review-calibration" loop, allowing investors to assess their performance against set goals without emotional interference [16][21]. - This systematic approach focuses on managing behavior in the market rather than predicting market movements, protecting investors from emotional decision-making [22][23].