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Recently, a comparison chart titled "Investing 1 million ten years ago, what is its value today" has sparked heated discussions in the investment community. This chart showcases the astonishing rise of assets such as Bitcoin, TSL, and Apple, making one lament the missed opportunities. However, we need to view these figures rationally and avoid being deceived by the superficial glamour.
First of all, the chart only presents successful cases, ignoring the many failed investments. It’s like the lottery jackpot is eye-catching, but most people who buy lottery tickets end up losing everything. Bitcoin has indeed risen astonishingly, but many investors have long exited during the drastic fluctuations; TSL's stock price once fell from $900 to $100, and it's hard to know how many investors suffered heavy losses. Not to mention the once-prominent projects like LeEco and shared bicycles, which caused countless people to suffer significant losses.
Secondly, the difficulty of holding assets for the long term is often underestimated. The returns shown in the chart are based on the ideal "buy and hold" strategy, but in reality, people often blindly increase their positions during a rise and panic sell during a decline. Being able to remain calm at all times and hold assets for the long term is, in itself, an extraordinary ability that ordinary investors cannot easily achieve.
Finally, assets that perform mediocrely also have their unique value. Although the ten-year appreciation of government bonds seems ordinary, their stability may become a crucial safeguard during times of crisis; the CSI 300 Index, although it has a lower return rate, can help investors avoid many potential risks.
Therefore, we should not be misled by such comparative charts. Behind the stories of sudden wealth often lie a perfect combination of luck, mindset, and timing. For ordinary investors, pursuing stable and continuous growth is the wise choice. What truly helps us weather the market storms are often those unremarkable, slow-growing but consistently upward assets. On the investment path, maintaining rationality and balancing risks is the key to long-term success.