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Showing posts from March, 2025

The Common-Sense Guide to Wealth: Investing the John Bogle Way

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 đź’ˇ “Investing is simple, but not easy.” This paradox sits at the heart of The Little Book of Common Sense Investing by John C. Bogle , the legendary founder of Vanguard and the pioneer of index fund investing . In a world where financial news bombards us with stock market predictions, cryptocurrency hype, and hedge fund strategies, Bogle’s approach is refreshingly simple : own the entire stock market through low-cost index funds, avoid speculation, and stay invested for the long term . This strategy, though seemingly boring, has outperformed the vast majority of professional investors over decades. With 2025’s market turbulence— tech stock volatility, rising inflation, and geopolitical uncertainty —Bogle’s principles are more valuable than ever.  Let’s break down the key lessons from the book , why they work, and how you can apply them to build long-term wealth. 📌 Why Most Investors Fail: The Illusion of Market-Beating Strategies 🚨 The financial industry sells t...

Reviewing The Third Revolution: Xi Jinping and the New Chinese State—Insights for Vietnam’s Development

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In The Third Revolution: Xi Jinping and the New Chinese State , Elizabeth C. Economy presents a comprehensive analysis of how China, under President Xi Jinping, has embarked on a profound transformation. Unlike previous leaders such as former Chairman Mao Zedong and former President Deng Xiaoping, who each guided the country through distinct phases of development, President Xi Jinping has introduced a model that emphasizes strong centralization, reinforced political unity, and a renewed global vision. This shift raises key questions: Can this model sustain China’s continued growth and influence, or will internal and external challenges necessitate adjustments? How does this trajectory compare to other nations, such as Vietnam, which follows a different approach to balancing governance and economic development? A Departure from Deng Xiaoping’s Model For decades, China’s rapid economic expansion was built on former President Deng Xiaoping’s vision of “reform and opening-up.” This po...