Patriotic consumption also depends on the input-output ratio! Spending money on jade is a means, happiness is the goal

Recently, some economists have promoted the misleading statement of “spending all the money to bring glory to the country”. If this sentence is directed at the wealthy, then there is no problem, because the rich have only one mouth and one body. No matter how high the expenses on food, clothing, housing and transportation are, it is only their own family that is consuming. Moreover, these consumptions will not endanger the happiness of their family. On the contrary, they will enhance happiness, boost domestic consumption, and promote the development of related industries. The absolute number of their assets is very high, and there is no crisis of over-consumption.

When wealthy people buy jade in large quantities at high prices, the industry does not regard their behavior as consumption, but as a long-term investment and value investment. The price of high-quality jadeite bought by wealthy celebrities has risen instead of fallen due to the impact of the domestic epidemic and the closure of mines in Myanmar this year, which fully demonstrates the value of long-term investment and long-term returns of high-quality jadeite.

However, this economist shouted from afar, preaching "spend all the money and win glory for the country" to people of all classes, obviously without considering the real life of most people. Not only should we not spend all our money, but we should also not be held hostage by morality. Instead, we should spend money to its value and achieve big things with little money.

Live within your means and control risks

A certain amount of cash reserves is very important at all times, because cash can pay for all expenses, and our daily expenses are everywhere. Any valuable assets can only be effectively paid after being converted into cash.

On February 19, 2009, Time magazine compiled a list of “25 people responsible for the financial crisis,” and ranked fifth among them were “millions of ordinary American consumers.” Time magazine believes that the reason why ordinary American consumers are responsible for the 2008 financial crisis is excessive consumption. One important reason why my country was able to survive the COVID-19 pandemic relatively safely in 2020 was that the Chinese public had a certain amount of savings.

Therefore, when buying jadeite, give priority to high-quality jadeite, because high-quality jadeite has strong liquidity. When you are really short of money, high-quality jadeite will be easier to sell, and the price reduction for urgent sales will be relatively low. When you are in a hurry to sell low-quality jadeite, it will be difficult to sell it quickly without cutting your losses.

Long-term investment, long-term planning

In China, everyone is an expert in long-term investment, and buying a house is the most important investment in a person's life. In terms of mortgages, most capable Chinese people have already "spent all their money to bring glory to the country." A mortgage means spending all the money for the next 30 years at once, and then slowly repaying it after earning more money in the future.

Investing in jade is also a long-term investment. There are many jade investors among celebrities. For example, Huang Bo, who starred in "Crazy Stone" and became a hit, is an absolute jade fan and has extensive jade knowledge reserves. In 2002, Huang Bo went to Ruili and saw a bracelet with 23 ice-type blue flowers on it. Each bracelet cost 6,000 yuan, so he bought all of them. The price of these bracelets had risen to RMB 100,000 each in 2008, and now they are worth nearly RMB 1 million. Liu Xiaoqing is a senior expert in jadeite collection and one of the earliest people in the entertainment industry to purchase jadeite. Now Liu Xiaoqing basically wears jade whenever she attends a big event.

What is the purpose of consumption? It is to meet one's needs for food, clothing, housing and transportation, to buy the things one loves, and for socializing and entertainment.

The prerequisite for spending money must be "peace of mind", "reassurance" and "worry-free". Many jade lovers who are keen on buying jade are able to cultivate their love for jade and buy jade with peace of mind only after solving their worries about housing, medical care, education, and retirement.

Jade is not a "standard product" like gold. With the booming development of the online jade market, choosing a reliable jade brand is the first choice for long-term investment.

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