Recently, many friends in Hong Kong have opened accounts, and the most troublesome issue is depositing funds. Actually, there is now a solution.

In domestic banking apps, search for "Cross-border Payment Pass," select a Hong Kong bank, fill in the FPS account, and write any reason like "shopping." Transfers are almost instant, no need to queue or wait. This is currently the most convenient method.

Of course, you need to know the limit—$50,000 per year. It sounds a bit tight at first, but honestly, it’s enough for most people. If you’re planning large-scale US stock investments, you’ll naturally think of other methods. The $50,000 limit can actually help you stay calm and avoid reckless actions.

Speaking of investments, I’ll share a couple of insights. Many people like to say "this time is different," but market cycles have never changed. Prosperity and recession cycle like the four seasons, always recurring. Who really makes money? It’s always a very small minority.

You’ll notice a phenomenon— the more actively you trade, the less you tend to earn. Every additional trade increases the chance of losing money. Buying popular stocks that everyone is hyping up usually ends in total loss.

Try a different approach: buy and hold for three to five years without moving, or even without needing to use that money. You’ll be surprised to find your success rate sharply increases. Conversely, using short-term debt to invest in long-term assets is basically inviting trouble. The mismatch between the cycle of funds and the cycle of investments is the fundamental reason why most people fail.