Further simplification
Edited English version based on the Chinese original. Read the Chinese original
Yesterday I listed three problems. Today I looked for what they had in common: I had planned more than a day can hold. Less than twenty-four hours is not enough for everything. I decided to cut the number of daily tasks again, keeping those most connected to making things. For a goal of reaching four-digit WeChat followers before 2027, I can break the work into daily steps. Morning reading should serve something I am making, or I can leave it out.
More is not always better. I think the same way about my own small investment account. A broad mix of cash, bonds, stocks, and commodities may sound stable, but with little money, even trading costs can loom large. Consider Realty Income (O.US) at a hypothetical price of $63.90, using the Futu fees I noted at the time:
| Item | Example calculation | Cost |
|---|---|---|
| Buy commission | 100 × 0.0049, minimum $0.99 | $0.99 |
| Buy platform fee | 100 × 0.005, minimum $1.00 | $1.00 |
| Total to buy | $1.99 | |
| Sell commission | 100 × 0.0049, minimum $0.99 | $0.99 |
| Sell platform fee | 100 × 0.005, minimum $1.00 | $1.00 |
| US regulatory fee | Varies on sale | About $0.05–$0.20 |
| Total to sell | About $2.00–$2.20 |
That is roughly four dollars to buy and sell a stock priced near sixty-four dollars. Four such trades could cost sixteen dollars, about 110 yuan. I can see why leveraged contracts might look tempting by comparison, but I do not endorse them: one bad loss can undo many wins.
For my own long-term growth goals, I would rather examine a smaller set of assets such as QQQ, leading US technology companies, and Bitcoin than scatter small amounts everywhere. This is my current approach, not a promise of returns. I have been sorting my holdings accordingly and clearing away some investment fantasies.
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