Wechat post about my bias, holding grudge

April 19, 2019

Introduction

I have not posted anything on wechat over six months. I decided to post one related to my par tech 401 K review.

Wechat post

Here is the image of sharing.

Do not have bias on stock market

Here is the content I wrote in Chinese.

我在2007美国短暂工作一年， 401 K $8000 美元， 公司matches 800 美元。2008年掉了$3000 美元。卖了放在money market, 再也没有动过。12年过去了， 我也老了。重新看帐号， 联系401 K Charles Schwab, 重新调整不要钱， 随意调整。美国401 K 上市公司服务真好。比爹妈还要好。只有二十基金， TBRCX 2010 年到2019年翻了五倍。可惜我这二天才发现。感叹美国股的强大， 自己无知和懒惰。每个季度需要用爱心去看和分析自己401 K 帐号。我十二年偏见， 被解雇的心理创伤。年龄超过五十岁了， 慢慢学会珍惜自己拥有的。能说会读英文， 但是对股市的偏见和美国经济的失望让我体会到真实的人生。做好每一件平凡的事情， 检查每一个帐号。善待每一个人， 善待每一个工作和自己每一份金钱。一颗大树从一颗种子开始。我从此做一个节俭的人。仔细数算自己拥有， 消除偏见。

Case study: My relatives trip to Shanghai from Yichun in 2000

Dec. 8, 2018

Introduction

It was most expensive trip to Shanghai in my life, I paid six people train tickets round trip, 3 day hotel in Shanghai and costed me over $5,000 US dollars for less than two weeks vacation in China.

Case study

My mom just went back to China, and she was in her early 70s. She had her first stroke. She could not bend knees when I walked down stairs. We had to help her learn how to walk since her stroke affected her in several ways.

Analysis 

I paid cash to purchase a brand new TV for my mom over $2500 Chinese yuan. I did not know how I came out the idea to have a trip for all of us. I did try to please my mom and help my mom recover from stroke. I did not believe that the trip could help my mom recover, since she needed two people to handle each side.

$350/ one room for two rooms, train ticket for each person with a bed costed more than $200/ one way each way. At that time, a college graduate's monthly salary is around $120 Chinese yuan.

I did not carefully consider how much money I spent on those nonsense trip. Considering that a college graduate only makes a salary around $120 Chinese dollars, I spent over $5,000 US dollars, a person 4 years salary for a short trip for a group of six people

Never underestimate the bad behavior from the very beginning. I just could not believe that I made such poor choices and wasted $5,000 dollars for a trip, which could be used to purchase a two bedroom condo in the city of Yichun in 2001.

Actionable Item

There are so many articles to talk about visiting parks nearby your home. Take a walk and other things. I have to take seriously to read those articles again.