$ETH $SOL $LAB Conan Community—Sun Yuchen's advice to ordinary people in 2016, still relevant after ten years!


In 2016, Sun Yuchen's advice to ordinary people in "The Road to Financial Freedom Revolution" boiled down to one sentence: avoid being trapped by consumer debt, invest your money and time in high-growth sectors and yourself, which still offers many insights today.

01, Don't buy a house before 30; in 2016, housing prices were just taking off, and he openly stated that most city real estate has no investment value, better to invest funds in internet giants.

02, Don't buy a car before 30; cars are depreciating consumer goods, not assets, don't use debt to buy face.

03, Don't rush into marriage before 30; marriage is the most intimate and also the most dangerous partnership system in human history, most people are not capable of being good partners before 30.

04, Leave declining industries early; no matter how hard you try, you can't catch up with a downward trend; choose sunrise industries, even loafing is better than overtime.

05, Security and stability are the biggest illusions; pursuing stability means giving others the power to choose; true stability comes from strong personal ability and the ability to switch sectors at any time.

06, Save less money, invest more in high-growth assets; cash depreciates long-term, prioritize equity, index funds, and core technology assets.

07, Things that can truly change your destiny follow a compound interest curve; initial growth is very slow, but as long as you stay patient and keep investing, once you pass the inflection point, growth becomes unstoppable, and beautiful scenery often lies ahead.

08, Seize the night before a breakout; avoid being the earliest cannon fodder or the latest to join; enter when industry consensus hasn't formed but is about to rise.

09, Invest only in sectors with long-term snowball effects, with annual compound growth ≥20%, capable of compounding; such as AI, computing power, new energy, internet.

10, Reject debt consumption: no installment plans, no online loans, no buying beyond your means; debt locks in cash flow and limits choices.

11, Don't chase quick money: quick money doesn't last; long-term, stable, replicable cash flow is true wealth.

12, Financial freedom isn't just a savings number; it's the right to say "no."

13, Information asymmetry is the top dividend; spend more time in cities and circles with high information density; cognitive gaps determine wealth gaps.

14, The best investment you can make is in yourself; spend 20% of your time on trial and error, 80% on review; review is key to growth.

15, Transferable skills are most important: expression, sales, judgment, organization, credibility; industries change, skills stay.

16, The depth of cognition determines the height of wealth; with proper cognition, earning money is just a side effect. Many people are poor because their cognition hasn't kept up with the times.

17, Compound interest isn't just for money; health, cognition, influence, and networks also have compound effects, provided you live long and keep working on them.

18, The earlier you admit your ignorance, the faster you can get rich; arrogance is the biggest obstacle, acknowledging shortcomings leads to learning.

19, Schools teach grades; society teaches games: society values emotional intelligence, courage, and value creation, not just academic credentials.

20, Effort should be result-oriented: ineffective overtime is self-deception; measure by results, not hours.

21, Dedicate 1 hour daily to cognitive upgrading: read financial reports, learn industries, follow frontiers; slow is fast.

22, Working for others sells your time, with a low ceiling; early on, focus on equity, works, influence, and investment judgment to earn compound interest money.

23, Treat social media as infinite leverage: followers are future cash flow and networks; the lowest-cost amplifier for ordinary people.

24, If you have value, you'll have good people around; if not, you'll face indifference; instead of pleasing others, focus on deepening yourself.

25, Don't entangle with inefficient people: spend more time with experts, AI, quality information, and stay away from those and things that drain you.

26, Embrace uncertainty: security isn't the absence of risk but the ability to bear risk; wealth is hidden in uncertainty.

27, The biggest capital of youth is being able to lose: don't fear trial and error, fear never starting.

28, Everything begins with health; the law of compound interest states that the longer you live, the greater your chance of becoming wealthy.

29, Give up what you want to do to get what you want: short-term pleasure for long-term freedom; delayed gratification is a hallmark of the wealthy. #分享美股交易赢英伟达股票 #比特币ETF单日净流出7272枚
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GoldenDogCollectorConan
· 06-07 12:05
Just charge forward 👊
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GoldenDogCollectorConan
· 06-07 12:05
Just charge forward 👊
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