Reported about 1 year ago
Li Shaofeng, with 70% of his assets in a US stock and bond balanced ETF - AOA, has seen his assets double in the past 10 years. Transitioning from futures and convertible bonds investment, he retired at 36 with 20 million fortunes. By emphasizing asset allocation, particularly focusing on AOA, he enjoys a passive income of about 250,000 yuan per month. Li Shaofeng follows the 'buy and hold' strategy, with 10% in leading US stocks, 20% in high-interest currency savings, and the core 70% in the balanced US stock and bond ETF, with a stable annual profit of 8-12%. Currently 51, he has amassed billion-yuan assets. He emphasizes the importance of investing for the long term, and how AOA simplifies asset management, providing a stable income.
Source: YAHOO