Richer, Wiser, Happier

Richer, Wiser, Happier. You may have read a lot of reviews of this book “Richer, Wiser, Happier”, but I’m going to talk about this book in a different way and from a different perspective.

Why emerging market stock with high economic growth is not as rewarding as developed countries?

In 2001, Goldman Sachs (ticker: GS) , in order to promote investment in emerging markets with high economic growth, Jim O’Neill has selected four large emerging countries, Brazil, Russia, India, and China

S&P 500 index, the only stock worth holding forever

Active investors should also add market index to portfolio — the reason is simple, it’s the only stock worth holding forever. It’s hard for the average person to keep up with the times, to identify the best companies of the day, and to maintain the best possible holdings in your portfolio — but the S&P 500 can do that for you.

The rebirth and fall of 4 major technology stocks in 10 years

Rebirth and fall of 4 technology stocks, Ten years ago, in early November 2011, Microsoft’s market capitalization was about $124.7 billion, and Intel was about $127 billion; the two were almost on par. However, as of November 4, 2021, Microsoft is 2.53 trillion US dollars, Intel is about 204.1 billion US dollars; Microsoft’s market value has caught up with Apple’s market value at the end of October, 12 times that of Intel!

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