Category: Money tips Release Date: 2006-05-03
Nuggets route in 1992 to buy five subscription cards into the market; from 1993 to 1999 in the stock market ups and downs; in 1999, "5.19" big hand as professional speculation, assets multiplied several-fold; in 2001 bought the first suite to improve the residence; in 2001 to sell the old house, 20 million over stocks, three-year bear market gains 10%; second suite in early 2005 to buy and look for an opportunity to get rid of profit 27%.
Zuo Gupiao people want to be able to escape the 2001 stock market top; speculation over who the house is also hope in time for June 1 this year, the policy thrown eve. The current period of our financial expert --- Zhang Yongqiang, he could neither extricate yourself from the peak in the stock market, but also in the housing market boom in the rapids Yongtui, today to listen to his story of financial management.
And Zhang Yongqiang (a pseudonym) about the first meeting at his house, a bright living room, Zhang Yongqiang pleasant to receive us. 50 away, he looked wise and self-confidence; conversations, and always maintain a consistent pattern of peaceful and low-key.
5 Call cards: the first taste of investment attraction
The first batch of investors in general have experienced stamp of tempering, Zhang Yongqiang did have the idea of moving a similar: "to see the 'Lu workers' stamp where people put the whole bundle of unopened box of stamps, such as the camel, moving bricks being bought and sold to go, I was so scared of a strong speculative atmosphere. Thus, when the last century, the early 90s Stamp Quotes hot, I have not joined the stamps, but eyeing the stock market had just started. "
In 1992, the subscription card --- the largest ever piece of China's stock market "pie" from heaven. On that day, Zhang Yongqiang unit canteen purchase call cards posted a notice that he and his colleagues say we all have to buy a little better. Subscription cards on sale the day of the official, Zhang Yongqiang breath took out 150 yuan to buy a five subscription card, then spent nearly a month's wages. Former colleagues said that they have to buy a good retreat from enemy, no one is willing to pays for. Later, Zhang Yongqiang, said that if he had bought a few more, it may be in the "City Hyakuichi shop" option. "City Hyakuichi shop opened 80 yuan higher market, or at least earn twenty thousand. And I hand that five subscription card, only a bit in low-quality stocks, it has brought together around a mere 8,000 yuan gains . "Despite the riches of the opportunity to slip past him so, but the subscription card, after all, let him enjoy the charm of investment: his initial investment of a total of 9,000, almost doubled.
Turn allotment: another opportunity for the subscription card
The next few years, that is, from 1993 to 1999, "5.19" Quotes ago, Zhang Yongqiang journey of ups and downs of the stock market. As a part-time investors, he at the time of the model T +0 and did overdraft transactions, played chase sell into North Korea to buy evening throwing intuitively, though frequently gains, but still probably lose big. "In addition, the principal was also small, I like to do short-term, cutting flesh is also comparatively diligent, so a few years, account almost no profit."
Change up the secondary market fell, so that the market value of Zhang Yongqiang ride up and down several elevators, and a discerning eye he has once again captured the subscription card like a golden opportunity. He has bought the Pearl of the Orient, Ling Bridge, turn allotment of shares. Wait a few years later, these turn allotment listing, the stock had doubled in 89 somersault.
For most investors, then switch to placement of shares is like a blank check in the foreseeable future, many people choose to give up. Zhang Yongqiang can not join together to buy a lot, but also a positive recommendation to their friends. One of his friends do not understand stocks, in vigorously agitated by Zhang Yongqiang, bought more than ten thousand square pearl of shareholders, and later transferred Pearl of the Orient allotment listing, the stock soared to more than 40 yuan. Open on all this friend a throw away, once earned nearly 40 million, when he was driving a car to collect the money, that's ecstatic expression, since Zhang Yongqiang still fresh in my memory.
Buy a house: to escape the stock market top the century
In 1999, Zhang Yongqiang, where the deteriorating state-owned enterprises, who see the trend, take the initiative to apply for co-insurance, the determination "to work for ourselves." He chose to become a full-time investors. "May be doing things quite seriously in the bar every day 1-9, I like to go to work on time, like sitting in front of a computer, by the 15 o'clock closing 'work', I would also like to take a look at a wide variety of information Soso . "luck is always determined to show appreciation for the people, Zhang Yongqiang, a full-time investors did not take long," 5.19 "blowout Quotes Ruqierzhi. He promptly reached the leader in Internet stocks --- Oriental Pearl Tower, a very short period of time so profitable overflow. After the listing with the transferred allotment honored by 2001, Zhang Yongqiang book capital-fold more than two years ago.
However, the bull market of the score one victory, did not let Zhang Yongqiang carried away. He regained consciousness to see that all benchmarks more than two years of the bull market, if the event turns into Xiongtu, its callback will be a very frightening intensity. Sure enough, June 14, 2001, the large state-owned shares fell as bad as bolt from the blue, the Shanghai and Shenzhen stock index down substantially, Po Wei. On this day, Zhang Yongqiang, all short-selling of all stocks. In his view, was overseas stock markets are in unanimous deep down, China's stock market fundamentals are no longer enough to sustain a bull market.
In order to assure that funds are safe and open up new areas of investment, while improving their housing conditions, Zhang Yongqiang to turn our gaze to the housing market has just started. He traveled throughout the beach, for each of the properties for sale within each region names are very familiar. "East to Takahashi, west to Hongqiao, south to Xinzhuang, north to Baoshan, now you need only to refer to the street which set of real estate, I can tell them about the past." He quite confidently say that.
After a detailed comparison and selection, he finally moved into new home, Pudong Zhangyang, Gushan Hill Road area. "I set the house at first, when buying only the more than 4200 yuan / square meter, after the Spring Festival this year, the region around us, all new homes sold 13,000 yuan / square meter."
Zhang Yongqiang, frankly, people like him age, and co-insurance to go home, there is no fixed source of income, can not prevent the risk of mortgage. Thus, in 2001 when he decided to buy a house, take the cash payment is the basic way of paying back the principal, while the majority of the funding for the profit obtained in the stock market. This is a lucky hit, and he successfully escaped from the top of the stock market, they also succeeded in copying the housing market "bottom."
Real estate speculators: the joy of investment Kuaijinkuaichu
"I do like people who used to share, really told me is no longer involved in the stock market is very tough." Then he will live in small houses originally sold stocks with the 200,000 yuan. Zhang Yongqiang, said, in fact, the bull market can make money, bears can make money well; the bull market to make money through passion, through imagination, the bear market to make money through a calm, relying on willpower. He specializes in doing a continuous decline after the oversold bounce, as well as the high-throw relay type Xiangxingzhengli bargain-hunting. He used his earnings to prove, in the bear market in four years, every year to maintain more than 10% of the profits. Zhang Yongqiang the stocks secret: When they start the bottom of the broad market rebound, the timely follow-up Kuaijinkuaichu year to seize the opportunity for several small, basic will be able to ensure that more than 10% annual returns.
The end of 2004, the property market hot around infected nearly everyone. "Since the housing market then the fire, but you are also familiar with real estate, let us also learn other people, buying a suite son clutching it." Face of his wife's recommendation, Zhang Yongqiang, said: "The stock is used to stir-born, the house naturally is used to live. buy a house can, but you have to agree to buy a house up after a certain amount to throw away. "convinced that his judge, his wife did not object. So they went straight to the vicinity of husband and wife real estate intermediary phase, the house will soon pay the deposit. "I was a fancy of our family to the vicinity of an old public housing, its advantages and disadvantages are fairly obvious: lots Yes, chamber structure can be; but relatively close to the road noise, and for a longer time Fangling. However, its price is very attractive, the landlord asking price is only 6500 yuan / square meter, compared with other houses in the same area a lot of low-Gua Paijia. Integrated into account the above factors, I paid the deposit on the spot. "
Zhang Yongqiang was to judge: in 2005 the stock market may not repeat the previous two years in the spring market, therefore, he was a resolute decision to extract part of the funds used to buy a house without a penny by the bank. As the landlord needs the right to use their house to property, together with relevant departments of the Spring Festival holiday, Zhang Yongqiang, waited nearly three months before they officially became the owner of the house.
However, three months, Shanghai's housing prices to continue its advance, Zhang Yongqiang asked whether the real-estate agents are willing to house the new hand, when listed immediately, "because prior and my wife had agreed, bought a house, with money to make there must be throw away, so I let an intermediary company to 8300 yuan (per sq m) of the price listed for sale. "haunt just hang a few days, it was the set of the house-wise. "In all fairness, I hang up the price is not high, even though prices are now down a little bit down and bought my house, the set of people who did not suffer."
Zhang Yongqiang, on the completion of the housing market, "Duan Chao," the week after the central bank issued a mortgage interest rate adjustment, raising the proportion of down payment policies, Shanghai also proposed measures prohibiting re-mortgages, thus gradually cooling housing market, housing prices have begun to rationally adjust the . Zhang Yongqiang, a pioneer once again so that her friends admire.
Today, Zhang Yongqiang again transfer of funds from the housing market back to the stock market. He thought that, regardless of the housing market or the stock market, not only to rise not fall, nor does it fall only to fail to rise, and is important to grasp the rhythm and timing of conversion. In recent years, he used his own actions in the stock market and the housing market have completed a beautiful reincarnation; Then he wants is a new reincarnation and writing.
