humans have ever invented? 

人類曾經發明過什麼？

Passive income, the ability to let your money work for you!

被動收入，能夠讓你的錢為你工作!

And one of the best places to do that is the stock market.

而最好的地方之一就是股市。

While there are a lot of good retail investors, there is a good number of beginners who try

雖然有很多優秀的散戶，但也有不少初學者在嘗試

to predict future stock prices by looking at charts.

通過觀察圖表來預測未來的股票價格。

If this is how the chart was moving, then this is what should happen.

如果圖上的走勢是這樣的，那麼就應該是這樣的。

If it has been growing for the past few months, then it should keep growing for the next three

如果它在過去幾個月裡一直在增長，那麼它應該在未來三個月裡保持增長。

months.

月。

Whatever the argument is, we have to understand that Stocks are not lottery tickets to gamble

不管是哪種說法，我們都要明白，股票不是賭博的彩票

with!

與

Behind every single stock there is a company That manufactures something, builds something,

每一隻股票的背後都有一家公司 製造一些東西，建造一些東西。

or provides a certain service!  so you don't have to look at the stock only

或提供某項服務！所以你不必只看股票

but rather look at what is the business behind that stock and how well its performing.

而是看這隻股票背後的業務是什麼，其表現如何。

I know that sometimes it might get a bit difficult because there could be so much news around

我知道有時候可能會有點困難，因為周圍可能有太多的新聞。

some stocks that you don't even care bout the business as long as the stock price seems

有些股票，你甚至不關心的業務，只要股價似乎

like it's growing.

像在成長。

That's why here in this video, I want to share with you how to take your investing skills

這就是為什麼在這段視頻中，我想和大家分享一下如何把你的投資技巧。

to another level.

到另一個層次。

I am not going to talk about the basics of investing because we have covered that in

我不打算談論投資的基礎知識，因為我們已經涵蓋了在

previous videos.

以前的視頻。

I will assume that you already know what the stock market is, you have traded some stocks,

我假設你已經知道什麼是股市，你已經交易了一些股票。

and now you are looking to improve your investing skills.

而現在你想提高自己的投資技能。

You want to be a little more professional.

你想更專業一點。

So here are the 5 things that if you understand and follow, you are going to become a far

所以，這裡有5件事，如果你理解並遵循，你將成為一個遠。

better investor.

更好的投資者。

If you are ready, give this video a thumbs up, and by the way, we have a new channel

如果你準備好了，請對這個視頻豎起大拇指，對了，我們有一個新的頻道。

called Proactive Clips, where we are sharing short clips from the main channel, so if you

稱為主動剪輯，我們在這裡分享主頻道的短片，所以如果你

miss something important from the main channel, you might come across it on the second channel.

錯過了主頻道的重要內容，你可能會在第二頻道遇到。

So if you guys love us and support us, please subscribe to that channel.

所以如果你們喜歡我們，支持我們，請訂閱該頻道。

The link is in the description.

鏈接在描述中。

And now, let's get back to the video. 


現在，讓我們回到視頻。

understand How the Market Moves 


瞭解市場如何變動
。

Timing the market is impossible, and whoever tried has failed miserably—That's why long-term

擇時入市是不可能的，誰試過誰就會慘敗--這就是為什麼長期的

investors have always emerged victories and made most of the money.

投資者總是能取得勝利，賺到大部分的錢。

However, the market doesn't just move up and down randomly. 

然而，市場並不是隨意漲跌的。

The stock market dates back to the beginning of the 17th century when in 1611, the Dutch

股票市場可以追溯到17世紀初，1611年，荷蘭的

East India Company decided to sell its stocks to the public, and since then, the market

東印度公司決定向公眾出售其股票，自此，市場的

has developed enormously.

已經有了很大的發展。

So the market follows certain patterns and rules.

所以市場遵循一定的規律和規則。

If this is what the government does, that's how the market reacts.

如果政府這樣做，市場就會有這樣的反應。

So if you understand these patterns, you might be able to predict the market to a certain

所以，如果你瞭解了這些規律，你或許就能對市場進行一定的預測。

extend.

延長。

When the economy slows, consumers buy less, which means corporate profits fall, and stock

當經濟放緩時，消費者減少購買，這意味著企業利潤下降，股

prices decline.

價格下降。

That's when investors prefer the regular interest payments guaranteed by bonds.

這時，投資者更喜歡債券保證的定期付息。

That's why bond yields rise.

這就是為什麼債券收益率上升的原因。

Understanding the relationship between bonds and the stock market will help you to understand

瞭解債券和股市之間的關係，將有助於你理解

the direction that the market is headed to.

市場走向的方向。

But that's just one out of many factors that influences the market.

但這只是眾多影響市場因素中的一個。

Take, for example, fiscal policy when the government regulates the spending and tax

以財政政策為例，當政府調控支出和稅收時

policies to influence the economy, especially macroeconomic conditions, such as aggregate

政策來影響經濟，特別是宏觀經濟狀況，如總的經濟狀況。

demand, employment, inflation, and economic growth, which will end up influencing the

需求、就業、通貨膨脹和經濟增長，這將最終影響到經濟的發展。

stock market overall. 

股市整體。

Lowering taxes will make corporations more profitable, for example, since now they can

例如，降低稅收將使企業獲得更多的利潤，因為現在他們可以。

keep a bigger chunk of their profits; therefore, their stock prices will rise.

保持更多的利潤，是以，他們的股票價格將上升。

However, the government doesn't randomly raise or lower taxes but instead follows policies

然而，政府並不是隨意加稅或減稅，而是遵循政策

to keep the economy stable.

以保持經濟穩定。

There is also a monetary policy where the fed controls the supply of money in the market

還有一種貨幣政策，美聯儲控制市場上的貨幣供應量。

by either adjusting interest rates or printing money.

通過調整利率或印製貨幣。

And each of these policies influences the market in different ways.

而這些政策都以不同的方式影響著市場。

So if you want to become a slightly more professional investor, understand these concepts!

所以，如果你想成為一個稍微專業一點的投資者，就要了解這些概念!

Find out to what extent they influence the market!

看看他們在多大程度上影響了市場!

You won't be looking at stocks as some numbers on the screen of your smartphone but you will

你不會把股票看成是智能手機螢幕上的一些數字，但你會把股票看成是你的智能手機螢幕上的一些數字。

have a broader idea of how the market is actually performing and not what random Youtubers say

對市場的實際表現有一個更廣泛的認識，而不是隨意的Youtubers說的。

on YouTube like my self that's why they will always tell you that this is not financial

在YouTube上，像我一樣，這就是為什麼他們總是會告訴你，這不是金融。

advice, and everything that's said in this video is for educational purposes.

忠告，本視頻中所說的一切，均為教育目的。


2.

2.

learn how to read financial statements 


學習如何閱讀財務報表
。

I am really grateful that apps like or Robinhood or Webull have democratized investing.

我真的很感謝像或Robinhood或Webull這樣的應用使投資民主化。

Anyone can now invest in almost any company from the comfort of his couch as long as you

現在，任何人都可以從舒適的沙發上投資幾乎任何公司，只要你

have a smartphone, even if it is a 100 dollar smartphone.

有一部智能手機，哪怕是100元的智能手機。

No offense but most of these retail investors don't look at a stock as a company but as

無意冒犯，但這些散戶大多不把股票當做公司來看，而是把它當做

a name that triggers the news, which makes their financial decisions quite irrational.

一個引發新聞的名字，這讓他們的財務決策變得相當不理智。

Remember, the purpose of any company is to make money.

記住，任何公司的目的都是為了賺錢。

That's the most important thing that matters! 

這才是最重要的事情!

So if you want to know if a certain company is a good investment or not, you have to read

所以，如果你想知道某家公司是否是一個好的投資對象，你必須要讀懂

its financial statements.

其財務報表。

If you are investing in a certain company without analyzing its financial statements,

如果你在投資某家公司時，沒有分析其財務報表。

you are gambling!

你在賭博！

I know that I might get criticized for saying this, but that's the truth!

我知道我這樣說可能會被責備，但這是事實！我知道我這樣說可能會被責備。

A certain company might hit the headlines for developing a technology that will make

某個公司可能會因為開發出一種技術而上頭條，這種技術可以讓我們的生活變得更美好。

us immortal, for example, but after looking at their financial statements, you may find

比如說，我們是不朽的，但在看了他們的財務報表後，你可能會發現。

that this company has a lot of debt, it doesn't have enough cash to survive till the end of

這家公司有很多債務，它沒有足夠的現金來生存到年底。

the year, and its sources of cash flow are drying.

年，其現金流的來源也在枯竭。

The stock price might seem promising-looking just at the chart, but looking beyond that

僅從圖表上看，股價似乎很有希望，但從更遠的角度來看

chart, you start seeing the real value of that company

圖，你開始看到該公司的真正價值。

However, looking at the financial statement isn't enough, if you want to take your investing

然而，光看財務報表是不夠的，如果你想把你的投資

skills to another level

技能更上一層樓

3.

3.

learn how to do a fundamental analysis 


學習如何做基本面分析
。

When you go through financial statements, you will realize they have current assets,

當你翻閱財務報表時，你會發現他們有流動資產。

non-current assets, liabilities, long-term debt, short-term debt, equity.

非流動資產、負債、長期債務、短期債務、權益。

The company might not have any debt, which might look like a good sign but it's not.

該公司可能沒有任何債務，這看起來可能是一個好兆頭，但事實並非如此。

If the company is not borrowing enough against its equity, then it might not be taking the

如果公司以股權為抵押的借款不足，那麼它可能就不會採取。

best advantage out of its resources.

充分利用其資源。

Something might be wrong with this company.

這家公司可能有問題。

So we have metrics such as debt to equity ratio, where you divide a company's total

所以，我們有一些指標，比如債務權益比，你把公司的總資產除以

liabilities by its equity.

負債按其權益計算。

The ratio is used to evaluate a company's financial leverage.

該比率用於評價公司的財務槓桿。

It is a measure of the degree to which a company is financing its operations through debt versus

它是衡量一家公司通過債務融資相對於其他融資方式的程度。

wholly-owned funds.

全資基金。

It illustrates business's ability to cover all outstanding debts in the event of a business

它說明了企業在發生業務的情況下，有能力支付所有未償還的債務。

downturn.

衰退。

Or we have something called the price to earnings ratio that we have previously explored on

或者我們有一個叫市盈率的東西，我們之前在上探討過。

the channel that measures the current stock price relative to its EPS or earnings per

衡量當前股價相對於其每股收益或每股盈利的管道。

share. 

分享：

Once you master how to do your fundamental analysis, you will have a much deeper understanding

一旦你掌握瞭如何進行基本面分析，你就會對基本面分析有更深刻的認識。

of the company you are looking to invest in, and you will understand how well its performing

你想投資的公司，你會了解它的表現如何。

compares to its competitors.

與競爭對手相比。


4.

4.

Define your strategy

確定您的戰略

If your strategy is to just get into the stock market, buy whatever is trending on the news,

如果你的策略是隻進股市，新聞上有什麼趨勢就買什麼。

and expect to become a millionaire, then you can only rely on luck.

並期望成為百萬富翁，那麼你只能靠運氣。

Then good luck! and if you get lucky, you could be making millions of dollars, but luck

那就祝你好運！如果你運氣好的話，你可能會賺到幾百萬美元，但運

is not a strategy! 

不是戰略!

That's why don't invest randomly.

所以不要隨意投資。

Before you start throwing money into the market, understand what your strategy is.

在你開始向市場投錢之前，要明白你的策略是什麼。

Are you trying to profit from the rise of highly volatile tech stocks? or maybe you

你是想從高波動性的科技股的崛起中獲利嗎？ 或者說你

are more into passive income and betting in high dividend stocks?

是比較喜歡被動收入和押注高股息的股票？

Or maybe you are more conservative and emotional so you are more into mutual funds?

或者說你比較保守，比較感性，所以你比較喜歡互金？

Or maybe you do not want to wait that long to enjoy the fruits of your investments, so

或者你不想等那麼久才能享受到投資的成果，所以......。

you get into day trading.

你進入日間交易。

It doesn't matter what your strategy is, as long as you have one!

不管你的戰略是什麼，只要你有一個戰略就可以了!


5.

5.

Master a few industries 


掌握了幾個行業
，。

What distinguishes a great investor from an ignorant is how much the investor knows about

優秀的投資者和無知的投資者的區別在於投資者對以下內容的瞭解程度

the company he is investing in.

他所投資的公司。

As we have mentioned before that behind every stock, there is a company, and behind every

前面我們已經說過，每一隻股票的背後都有一家公司，每一隻股票的背後都有一個

company, there is a product or service, and the success of that stock is going to be based

公司，有一個產品或服務，而這個股票的成功要根據

on the success of that particular product or service.

在該特定產品或服務的成功上。

The people who early on invested in amazon or Netflix, for example, had a really deep

比如早期投資亞馬遜或Netflix的人，他們對亞馬遜或Netflix有很深的。

understanding of the internet.

對互聯網的理解。

These people understood the internet so well that they could clearly see how 20 years later,

這些人對互聯網的理解非常深刻，他們可以清楚地看到20年後如何。

everyone is going to buy his next gadget on the internet or would replace his cable subscription

每個人都會在互聯網上購買他的下一個小工具，或將取代他的有線電視訂閱。

with online streaming such as Netflix.

與Netflix等在線流媒體。

So to find a great opportunity in the market, you have to become an expert in a few industries.

所以，要想在市場上找到一個好機會，你必須成為一些行業的專家。

it doesn't matter what it is, energy, tech, financial services, whatever!

不管是什麼，能源，科技，金融服務，都無所謂!

Remember, to make a lot of money.

記住，要賺大錢。

You don't have to be right every single time.

你不必每次都對。

You have to right just once!

你只需要對一次！

10 or 20K dollar investment in amazon back in the 2000s would have made you a multi-millionaire.

2000年的時候，在亞馬遜投資一兩萬美金，就能讓你成為百萬富翁。

The same applies to almost everything else, including the cryptos.

同樣的情況也適用於幾乎所有其他的東西，包括密碼器。

so if you want to start making great investments, become an expert in a few fields.

所以，如果你想開始做偉大的投資，請成為一些領域的專家。


 By the way, don't forget to subscribe to our

對了，不要忘了訂閱我們的 "新聞"。

second channel - Proactive Clips.

第二通道--主動剪輯。

Just click on the link in the description.

點擊描述中的鏈接即可。

And hit that subscribe button.

然後點擊那個訂閱按鈕。

That's all that I am asking!

這就是我的全部要求!

Is that too much?

這是不是太過分了？


 Anyways, thanks, guys for watching.

總之，謝謝你們的觀看。

This channel is possible because of you, you are the best audience in the world, and we

這個頻道之所以能夠存在，是因為你們，你們是世界上最優秀的觀眾，而且我們

will always try our best to make the most interesting and useful videos possible.

我們會盡最大努力製作最有趣、最有用的視頻。

Thanks for watching and I'll see you in the next one.

謝謝你的觀看，我們下期節目再見。