grow without doing anything.

無為而生

Instead of spending endless numbers of hours in the office hustling, just let your money

與其花無盡的時間在辦公室裡忙碌，不如讓你的錢

double or triple by itself.

雙倍或三倍的本身。

As great as that sounds.

雖然聽起來很不錯。

Investing is extremely dangerous and risky and chances that you will lose money are way

投資是非常危險和風險的，你會失去錢的機會是方式

higher than you will make money.

高過你會賺錢。

Some of you might say: If I don't invest my money, inflation is

有些人可能會說。如果我不投資我的錢，通貨膨脹就...

going to swallow it little by little.

要把它一點一點吞下去。

So I gotta do something.

所以我得做點什麼。

No, you don't!

不，你沒有！

That's way better than losing the money that you worked so hard to earn in a blink of an

這總比你辛辛苦苦賺來的錢一眨眼就沒了要好得多

eye.

眼睛。

Let me justify my point before you write down a comment: You have no idea about investing.

在你寫下評論之前，我先說明一下我的觀點。你根本不懂投資

Every company in the market knows that you want to invest and they will do everything

市場上的每家公司都知道你想投資，他們會盡一切努力。

possible to convince you that they deserve your money the most.

可能讓你相信，他們最應該得到你的錢。

Most people think that the stock market is a game of numbers but its mostly a psychological

大多數人認為，股市是一個數字遊戲，但它主要是一個心理的遊戲

game.

遊戲。

How do you make money in the stock market? you study and analyze companies and find out

你如何在股市中賺錢？ 你研究和分析公司，並找出

undervalued stocks.

被低估的股票。

Because eventually they will rise up to their real value and you make money!

因為最終他們會上升到他們的真實價值，而你也會賺到錢!

However, the problem is, most people buy high and sell low!

然而，問題是，大多數人都是高買低賣!

because most people invest based on the headlines that they see in the news, but its too late

因為大多數人投資的基礎上，他們在新聞中看到的標題，但為時已晚

already.

已經。

The first rule of investing is if everyone is investing, its a bad investment.

投資的第一條規則是如果大家都在投資，那它的投資就不好。

Here is what happens usually!

通常情況是這樣的!

Enthusiast or professional investors start investing a certain stock or a commodity,

熱心人士或專業投資者開始投資某隻股票或某件商品。

so the demand naturally drives the price up.

所以需求自然會帶動價格上漲。

When It appears on the news, an average person starts realizing that price is just increasing,

當它出現在新聞上時，一個普通人開始意識到，價格只是在上漲。

it seems like a good investment.

這似乎是一個很好的投資。

first, you hesitate, there is still a shred of doubt in you, but the price is rising right

首先，你猶豫了，你心裡還有一絲疑惑，但價格卻在不斷上漲吧

in front of your eyes.

在你眼前。

So you convince yourself that you have to take the risk if you want to make money.

所以你說服自己，如果你想賺錢，就必須承擔風險。

Hence you invest.

是以，你投資。

The price keeps rising, you feel happy.

價格不斷上漲，你覺得很開心。

but after short-while, the price slightly drops.

但短時間後，價格略有下降。

you don't pull out because you haven't lost anything, the price just dropped to the

你不退出，因為你沒有損失任何東西，價格只是跌到了。

point where you invested, so not a big deal, but it plummets further, you get a bit nervous,

你投資的點，所以不是什麼大問題，但它進一步暴跌，你會有點緊張。

but as an intelligent investor, you know you should be patient.

但作為一個聰明的投資者，你知道你應該有耐心。

Unfortunately, in the next few days or weeks, the price just keeps plummeting.

不幸的是，在接下來的幾天或幾周內，價格就會不斷地暴跌。

At some point, you just get frustrated and you pull out before you lose even more money!

在某些時候，你只是感到沮喪，你在你失去更多的錢之前退出!

Isn't that what happened with bitcoin for example.

比如比特幣不就是這樣嗎。

Lets take another example.

我們再舉一個例子。

In March of 2016, Tesla unveiled model 3.

2016年3月，特斯拉發佈了Model 3。

Finally, an affordable electric car for everyone.

終於有了一款人人都能買得起的電動車。

Over a 100K people reserved the car in the first 24 hours.

前24小時就有超過10萬的人預訂了這輛車。

It was all over the place, everyone was talking about how model 3 will take over the auto

鋪天蓋地，大家都在討論Model 3將如何佔領汽車領域

industry.

業。

People saw Tesla as the golden opportunity to invest.

人們將特斯拉視為投資的黃金機會。

the stock price was at an all-time high (from 230 USD to 380 USD within a year).

股價創下歷史新高（一年內從230美元漲到380美元）。

It looked like a perfect opportunity to invest.

這看起來是一個絕佳的投資機會。

So, naturally, most people started investing which drove the price even further, but what

所以，自然而然的，大多數人開始投資，這就進一步推動了價格的上漲，但什麼？

is the first rule of investing ? Exactly, never invest when everyone is investing.

是投資的第一條規則 ?沒錯，當所有人都在投資的時候，千萬不要投資。

So what happened is, the stock price crashed and now its less 200 bucks (196).

所以，發生了什麼事，股價崩潰，現在其少200塊錢（196）。

The price literally fell by 50 percent. and All these people lost money.

價格真的跌了50%，所有這些人都賠了錢。

Of course, most people won't invest now because the stock price is down, but now is the right

當然，大多數人不會因為股價下跌而現在投資，但現在是正確的。

time to invest!

是時候投資了!

The stock market is much harsher than you think.

股市比你想象的要殘酷得多。

You are competing against people like Warren Buffet, George Soros who have hundreds if

你的對手是像巴菲特，喬治-索羅斯這樣的人，他們有幾百個，甚至更多。

not thousands of people helping them from accountants to specialists.

從會計師到專家，沒有成千上萬的人幫助他們。

They spend endless numbers of hours figuring out how to take the hell out of you.

他們花了無窮無盡的時間，想辦法把你幹掉。

I am not trying to discourage from investing.

我並不是要勸阻大家不要投資。

I just want you to know that you either get really serious about the stock market or for

我只是想讓你知道，你要麼得到真正的認真對待股市或為

god's sake don't waste your money!

不要浪費你的錢!

My fellow friends who invest in real estate always tell me when they hear me such things,

投資房地產的同行朋友們聽到我這樣的話，總會告訴我。

I told you, real estate is a better investment.

我告訴你，房地產是比較好的投資。

it's definitely better in some cases, especially if you know what you are doing.

在某些情況下，它肯定是更好的，特別是如果你知道你在做什麼。

but it has its flaws as well which we will discuss in a future video that's coming

但它也有它的缺陷，以及我們將討論在未來的影片中，即將到來的

soon! so make sure you hit that bell button besides

很快！所以，請確保你按下那個鈴鐺按鈕，除了

subscribe button because just by subscribing, YouTube isn't going to let you know.

訂閱按鈕，因為只要訂閱，YouTube是不會讓你知道的。

Unfortunately, that's how youtube works these days.

不幸的是，這就是youtube現在的工作方式。

Can't do anything about it.

無可奈何。

anyways, That's for watching and until next time!

總之，就這樣看了，下次再看吧!