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Someone asked me how to evaluate China's Securities Regulatory Commission's plan to severely punish Tiger, Futu, and Changqiao according to the law?
Many people think this is to encourage everyone to buy A-shares, but that's not the case; it's to control foreign exchange.
Whether you buy A-shares or not, they don't really care.
What they care about is whether you have exchanged foreign currency.
Foreign exchange is the real wealth within the country, so now you understand why the country values exports so much.
The paper money you hold is just a piece of paper with patterns that some people can print at will.
And houses, when their prices far exceed construction costs, are just packaging land that should be as free as air and selling it to you at a high price; this is no different from paper money.
Therefore, the most valuable way to use your money is to spend, eat, and drink immediately—don't always think about investing to make money or preserving value.
Spending the money you earned this month is the best choice for you.
Of course, how you spend money is also very important; if you earn 10k yuan a month and insist on high consumption, that's not appropriate.
Buy more meat, vegetables, eggs, and milk, eat well and drink happily—wouldn't that be wonderful?
Isn't giving your money to others to spend called investing?
Isn't spending on yourself also an investment?