Stocks should be bought cheaply and sold at a high price to make a profit. Therefore, it is said that timing—specifically, the timing of buying low and the timing of selling high—is a key factor. However, the issue is that I can’t predict the timing. It’s similar to how we can’t know what the weather will be like a year from now in our area. It’s wise to assume that the best approach is to acknowledge our uncertainty about timing. Attempting to time the market is a common trap for stock investors. Consider this: if you could know the timing, you would be the wealthiest person in the world. The advantage of long-term investing is developing the ability to identify stocks that are likely to appreciate over time, despite the fluctuations in stock prices, and investing in their value. The choice is yours. - Joseph’s “just my thoughts”
Eco bags are not eco-friendly. In 2007, the eco-bags, which British designer Anya Hindmarch printed, “I’m Not a Plastic Bag” on canvas, sold out 20,000 copies in 30 minutes at a limited edition price of 5 pounds. The project reduced the use of plastic bags by 58% over the next two years in Britain. However, a survey by the British Environment Agency found that consumers used paper bags at least 3 times more to have less environmental impact than plastic bags and used eco bags 131 times more to help protect the environment. In 2018, Denmark also announced a study that indicated people used plastic bags at least 37 times, paper bags 43 times, and eco bags 7,100 times before being discarded to recover from pollution. Yes, the facts that people believe have cheated us all. Materials and consumption are necessary, but people belatedly realized that environmental protection should also consider product use cycles and production. - Joseph’s “just my thoughts”