For 60 years, Buffett has been preaching a simple investment philosophy: you buy a good stock, don't sell it lightly, and then wait for the price to rise.
But on this issue, I actually believe more in the words of Warren Buffett’s partner Charlie Munger, “Investing is not easy at all, and anyone who thinks investing is easy is an idiot.”
So this also leads us to today's theme:
Everyone knows that you can make money by holding stocks for a long time, but why can't you hold the stocks in your hand?
Stocks and bonds are the most common investment products. Many people have been exposed to stocks, but few people can understand bonds.
When it comes to bonds, there are always a series of question marks: what is a bond, whether it is worth investing, where to buy bonds... Bonds seem far away from us. In fact, bonds are a very basic investment product, which is also very convenient for investment. For most people, investing in bonds is more appropriate than investing in stocks. Why?
This article will introduce you to bonds, bond investment, and the importance of bonds in household asset management (the importance may exceed your imagination).