Duan Yongping's Five Investment Suggestions for Middle-Class Families

Do the Right Things (Provided You Don't Do the Wrong Things)

The most important aspect of investing is to avoid obviously wrong choices. Many people don't necessarily do something wrong; rather, they do things they shouldn't be doing. Therefore, focus on making the right decisions and avoid unnecessary mistakes.

Cut Losses in Time (Stop Loss Immediately Upon Realizing a Mistake)

In the world of investing, no one can predict the outcome of every trade. The key is to quickly adjust when you realize you're going in the wrong direction, without delay. Early loss-cutting can help avoid greater losses.

Establish Long-term Thinking (Delayed Gratification, Slow is Fast)

Investing is not a sprint; it is a marathon. Cultivate a long-term perspective, learn to delay gratification, and believe that "slow is fast." The more you focus on the future, the more you can stand out in a competitive market.

Stay Within Your Circle of Competence (Don't Do What You Don't Understand, Less is More)

What is most needed in investing is clear self-awareness. Do what you are good at and resolutely avoid areas you don't understand. Successful investors know that focusing on their areas of expertise is the safest choice.

Stay True to Your Heart + Maintain a Calm Mind (Don't Forget Your Original Intention, and You Will Achieve Your Goal)

Investing is not just a game of capital; it is also a cultivation of mindset. Keep your original intention, maintain a calm mind, and consistently adhere to your investment philosophy to navigate the volatile market steadily.