Many people are not even aware that the biggest dividend of this era is that ordinary people can eat while lying down Yesterday, I had dinner with some old friends, had a few drinks, and the topic shifted back to money and anxiety. Everyone said that now the dividends are exhausted, and anyone who buys a house, e-commerce, or official account can now enjoy wealth and freedom. Looking around now, it's all a red sea. Has the opportunity for ordinary people been completely closed? I laughed after listening. It's not that they are pessimistic, it's that our generation's way of thinking is too stubborn: always staring at the rearview mirror while driving, thinking that what we didn't catch in the past is the dividend, but turning a blind eye to the huge changes happening in front of us. Many people do not realize that the biggest dividend of this era is not short videos, AI entrepreneurship, or personal IP development. These things certainly have opportunities, but for most people, the threshold is still high. The true dividend that belongs to the 99% of ordinary people is the democratization of capital leverage. In the past, if you wanted to become a capitalist, you had to have capital, connections, and information gaps. Now then? Open your phone, spend $100, and you can buy the S&P 500 and Nasdaq 100, becoming a shareholder of over 700 of the world's top companies. This is the first time in human history that ordinary people can achieve global productivity growth at such a low cost. Buffett, Musk, and Bezos, no matter how wealthy they are, are only a small part of these companies. You buy QQ and VOO, essentially saying: I can't afford the entire company, but I can afford the future growth of these companies. This is not financial management, it is adding a huge leverage to oneself at an extremely low cost. 6/Some people say that the S&P 500 and Nasdaq 100 only yield a certain amount of returns, 10% -14% per year, which is too slow. But is it slow? Since 1985, the annualized return of the Nasdaq 100 has been approximately 12% -13%; The S&P 500 has been annualized by approximately 10% since 1926. This may seem slow, but the power of compound interest can scare people to death. 7/You are 25 years old, with a monthly fixed investment of 3000 RMB to the Nasdaq 100, calculated at an annualized rate of 12%. By the age of 65, the principal is 1.44 million RMB, and there will be approximately 33 million RMB in your account. Brothers, this TMD is not chicken soup, it is the mathematical fact of index funds. The greatest dividend in an ordinary person's life is not a sudden wealth, but the compound interest of time. 8/More importantly, it doesn't require you to have exceptional talents, you don't need to monitor the market 24 hours a day, and you don't need to study candlesticks, financial reports, or macro policies. The only thing you need to do is admit that you are an ordinary person, and then continuously transform your human capital into financial capital. You earn your salary at work by exchanging time for money. Replacing a portion of your salary with VOO and QQ is asking the world's most powerful company to work for you. When you sleep, Apple is selling iPhones; During your meeting, Nvidia was selling GPUs; When you are on vacation, Microsoft is collecting money for cloud services. This is the true passive income. 10/Some people may say, are the US stocks at the peak now? Should we wait for a sharp drop before entering the market? Let me say it again: based on historical statistics, the expected long-term returns for the S&P and Nasdaq are 8% -10%. Buying and holding for the long term at any time is better than holding cash in terms of expected probability. If you go short for a day, there is a probability of losing an average return of 0.02% to 0.03%. One million empty positions per day result in a probability opportunity cost of 200-300 yuan. Of course, the US stock market will fall. In 1987, it fell by more than 35%, in 2000, the Internet foam fell by 80%, in 2008, the financial crisis fell by 45%, in 2020, the epidemic fell by 30%, and in 2022, it fell by 35%. But which time did it not reach a new high? Every crisis is a gift for long-term holders. So my suggestion is simple: if you are in your 20s, spend 20% to 30% of your income on QQ; If you are over 30 years old, VOO and QQ are equally divided; If you are over 40 years old and heavily invested in VOO. Don't study individual stocks, don't guess the bottom or top, don't wait for a big drop. Your task is not to become a trading genius, but to become a friend of time. The biggest dividend of this era is not to make you the next internet celebrity or entrepreneur, but to enable every ordinary person to have the growth of the most cutting-edge technology companies in the simplest way possible. The S&P 500 and Nasdaq 100 are the era tickets that ordinary people can get. 14/Don't say there's no chance anymore. Opportunities have always been there, but they are no longer as grand as real estate, but quietly lying in your brokerage account. The earlier you start, the earlier it will work for you. The wheels of history roll forward, it won't wait for anyone, but this time, it really allows you to buy a ticket and get on the bus.