I just read an article from Youzhi Youxing that said:

In China's A-shares, whether small-cap or large-cap stocks, holding for more than 10 years can almost guarantee a profit of 100%.

Coincidentally, while browsing Alipay's investment options yesterday, I discovered a few funds that I had forgotten about. I can't even remember when I bought them; it must have been at least 4 years ago, and I can't recall why I bought them at the time.

Looking at the -50% return, the losses are quite significant, but fortunately, it's not a large amount of money.

This shows that my investment skills in this area are really not great; I could even say they are poor.

I never seriously understood what I was investing in, why I was investing, nor did I pay attention to subsequent trends and changes.

So regarding this "10-year long-termism," I think many people still have misconceptions—

It's not about holding something for a long time that qualifies as long-term investment,

But rather, knowing what you are holding gives you the right to talk about the long term.

Blindly holding for the long term only wears down your time, confidence, and principal.

If I just leave these funds as they are, with a bit of luck, I might break even in another 5 years.

But am I making a 10-year investment just to break even and then earn 1%? Clearly not.

So instead of blindly believing that "long-term will definitely win," it’s better to look back and ask: Do the things we hold truly deserve the term "long-term"?

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