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Came across an unusually real post from a retail investor: at 38 years old, unemployed, needing to support four children, he’s traded stocks and lost until he’s down to only 7,200 shares of Xiaomi. Those are the only shred of confidence he has left. He’s planning to hold on tightly for 5 years, hoping to turn things around.
In the comments, some people have more than 30,000 shares and are sticking it out together, while others cut their losses early and regret it day after day. Under the crushing pressure of everyday life, ordinary people often pin their hopes of getting back on their feet on stocks.
But I truly advise everyone: don’t put your family’s entire livelihood on a single asset. Holding long term doesn’t mean mindlessly stubbornly refusing to let go—if you’re carrying leverage and heavily over-allocating to one stock, the risk is simply too high.
So, everyone—are you bullish on Xiaomi under the “Little Leijun”?
$XIAOMI