
Rate Of Return
Total Assets$PDD(PDD.US)$CNOOC(00883.HK)Let's talk about the so-called A-share scam on Wall Street recently. In fact, over the past few decades, if you are not disturbed by short-term stock price fluctuations and can patiently hold stocks with reasonable valuations and good company development for the long term, the return rate is actually very high, such as China Yangtze Power and China Merchants Bank. And so on and so forth. In fact, when I first started working, I was also motivated to hold China Merchants Bank for the long term, but I was swayed by one or two years of stable non-growth, became impatient for quick success, and eventually abandoned my original intention. After years of experience, I now regard good stocks as life savings. I am not in a hurry for short-term profits and plan to enjoy the dividends of my investments when I retire at the age of 60. Investing in stocks is like planting trees—ten years to grow a tree, and generations to inherit.
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