top of page
Writer's pictureCosDream News

What will depreciate the fastest in China after 5 years?

In today's society, wealth has transcended mere monetary figures and become a multidimensional reflection of value.


Despite living in an era of abundant material wealth where the pursuit of riches intensifies, it's interestingly noted that being "wealthy" doesn't necessarily equate to true prosperity.

This is because true wealth isn't solely about possessing a certain amount of wealth;


it also involves considering the rate of depreciation of wealth and effectively managing its growth and preservation.


Education: Accelerated Depreciation

For a long time, education has been regarded as a crucial form of wealth, capable of shaping one's destiny.


However, as society evolves, more people are realizing that higher education doesn't guarantee immunity from depreciation.


The depreciation of education isn't sudden; rather, it gradually manifests with changing times and societal demands.


Previously, businesses favored highly educated job seekers, but this preference is shifting.

The phenomenon of "educational inflation" is on the rise, where emphasis on degrees has led to an influx of "paper experts" who may lack practical skills despite their impressive credentials.


Employers are increasingly valuing practical skills and work experience over academic qualifications, altering the emphasis placed on degrees.


Currency: Declining Value

In everyday life, cash has always been a crucial form of wealth due to its convenience.


However, assuming that cash retains its value indefinitely is a mistake.


As a form of token, currency not only holds value but also represents a nation's overall economic strength based on national credit.


However, escalating inflation and increased currency circulation dilute its value, a phenomenon known as "currency depreciation."

Changes in consumer attitudes have increased demand for cash without corresponding supply, exacerbating the depreciation of its value.


Secular Culture: Influencing Wealth Perception


Beyond education and cash, our wealth includes environments, relationships, and secular culture.


Today, we keenly feel the profound influence of secular culture on us. Many young people prioritize work and earning money over traditional arts such as calligraphy, painting, or music.


Cultural influences can mislead them into believing that true happiness comes solely from money, leading to a misunderstanding of wealth.

True "wealth" encompasses more than just money; it includes various other aspects.


Therefore, it's crucial to consider how to better preserve and increase wealth beyond the material level.


Expanding our perception of wealth to appreciate and cherish other forms of wealth is essential.


Only by effectively utilizing these resources can we find our personal "wealth code" at different stages of life.


Rational financial management is key, requiring courage and wisdom to take risks.

In this complex "wealth game," winners aren't just those with riches but also those with wisdom, courage, and kindness.


In pursuing wealth, we mustn't overlook other forms of "wealth." Understanding them comprehensively allows us to harvest true happiness and success.

0 views0 comments

Comments

Rated 0 out of 5 stars.
No ratings yet

Add a rating

Best Value

Membership subscription

$2

2

Every month

Our economy is in serious trouble; your support will help us survive.

Valid for 12 months

​CosDream

News
bottom of page