2025 Annual Summary

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The first loss-making year in the U.S. stock market in 2025. Lost about 2 points. Mainly lost in several sales from the beginning of the year to April. Accumulated investments in Longbridge underperformed the S&P 500 by a cumulative 21.05%.

If the losses at the beginning of the year had been held until now, the gains would have been about 40%. Without patience, wealth cannot be preserved.

In the most difficult times, persistence is even more important.

Only with permanent assets can one have perseverance. Treat 2-3 years as a cycle. Turn the money you hold into money you will never withdraw, and you will gradually understand long-termism.

Gains and losses are temporary. Only growth calculated over a ten-year cycle is real growth.

2026, strive to navigate through cycles.

Also, considering whether to buy the S&P 500 in the short term.

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