Read this article and while you may empathised the many people who are forced to resign or become jobless due to the harsh China regulators on the education business, it has created a lot of demand for the recruitment industries.
Already, they have a pool of 9 million graduates to serve in the entire China and on top of these, different industries are going through different challenges. So, you can see yourself much like a recruitment company.
If you serve very diverse industries, then you can have breadth but unable to go deep into each industry vertical. So, say the tech industries, you probably can serve the lower to mid tier level but the main meat of the business where the salary is in 6 figures range would not be in your radar. You would need expert knowledge in this industry, built over the years. And if these professionals are earning a good keep in their company because they know there ain't too many competitors, then the incentive to move may not be high.
Similarly, if you spread your investment eggs widely by geography, sectors, sub-sectors, etc then you may know a bit on the macro level of each industry. For example, I know nuts about battery industries and was blessed to have done my research and bet on the Battery ETF..
It is really hassle free once you have identified the trend and the rest you just leave it to the market to take care.
And that to me is the beauty of investment. There is never a dull moment and you are more likely to be stopped by lack of capital than lack of stocks to buy.
Already, they have a pool of 9 million graduates to serve in the entire China and on top of these, different industries are going through different challenges. So, you can see yourself much like a recruitment company.
If you serve very diverse industries, then you can have breadth but unable to go deep into each industry vertical. So, say the tech industries, you probably can serve the lower to mid tier level but the main meat of the business where the salary is in 6 figures range would not be in your radar. You would need expert knowledge in this industry, built over the years. And if these professionals are earning a good keep in their company because they know there ain't too many competitors, then the incentive to move may not be high.
Similarly, if you spread your investment eggs widely by geography, sectors, sub-sectors, etc then you may know a bit on the macro level of each industry. For example, I know nuts about battery industries and was blessed to have done my research and bet on the Battery ETF..
It is really hassle free once you have identified the trend and the rest you just leave it to the market to take care.
And that to me is the beauty of investment. There is never a dull moment and you are more likely to be stopped by lack of capital than lack of stocks to buy.