Category: Money Tips Date: 2007-05-07
Mr. Lee is already over seventy years of age this year, shares of age up to 10 years. But he is not understand that he put into the stock market ahead or behind the 16 million, how come only the more than 6000 yuan. He asked journalists, China's rapid economic growth, the stock market up, but not how to go up, investors from the short-term investments into long-term investment, how can afford to lose even worse on it?
Mr. Lee is a native of Hunan Province, Hengyang, near his hometown after his retirement from Shenzhen and between home and do some small businesses. In Shenzhen, he lived in Gangxia. In 1996, when, because business to know a few friends, we were also made money in the stock market. Mr. Yu Shili follow the recommendations of friends, in the vicinity of the CaiTian Gangxia way a securities business department opened the households. China Merchants Bank the same day the funds from his account to play thousands of dollars into the stock account, thus beginning a 10-year history of bitter stocks.
Dreams of one day a big black horse from the beginning
From 1996 onwards, the previous bank transfer, Mr. Lee are based on 3,5 thousand dollars as a unit into the stock market. Buy stocks is also kick the tires. Entered in 1997, Mr. Lee thinks stocks basically mastered the basic essentials to a small business earned a 20000, 2 30000 come vote. Pay attention to stocks with the village at that time, Taiwan's incoming "secret fishing village," "Dancing with the village," filled the market. Sales Department advisory personnel every day to advocate "one day a big black horse, capital 20 times a year." In the sales department a day after the close of shareholders gathered in the warm atmosphere, Mr. Lee also followed up more courageous. Two weeks from the initial operation of a back operation 23 days later a return. In his flowing provide a single, the reporter found his first two years of entering the market, most of the day is the simultaneous buying five different stocks, the operation is the most frequently bought the day before the three stocks, the next day sold 2 . When asked why he so frequently buying and selling. Mr. Lee said, are "experts" proposal. The day to buy more stock analysts said two "dark horse", experts have long been "discovered" a new dark horse, so he bought another to buy. Basically, every day Mancang. And selling the stock not because of make money, but because he discovered a new dark horse.
The sales department of the stock analysts was also a minor celebrity in Shenzhen, often appeared on television securities programs, eloquent, language input on seditious. Many shareholders are all regarded as a model for its proposal. Mr. Lee is also a great admirers. However, his statements have shown he was two years before entering the market, buying shares little profit. Asked him why so many losses. Mr. Lee sighed and said his fate was bad. Stock analysts recommended investors buy the stock quickly, often a deal on the quilt, a flesh on the rise. Sometimes wish to bring a longer time, stock analysts would also "discovered" a large "dark horse." Not stand up to stock analysts advised, the old man hastened to change the stock, but found that they fitted the.
In this way frequent trading of the two or three years, the old man actually has gradually started to make a profit. Often make the most money in 1999, the outbreak of the great bull market. Old man recovered a lot of unaccounted for losses, but he did not know in time as well, but with the vast majority of investors, like dreams take the express train of China's rapid economic growth, investment in the stock several times a few times to obtain the benefits . The old man will be a lot of money into the stock market to do business, to the year 2000, the old man into the market around five years, took a total of 160,000 yuan to buy the stock, after trading his hand stocks, the less there are more than 100 only.
Frequent trading 160,000 left 30000
Li frequent trading period ended in 2000. After "5.19" Quotes after the rally in the stock performance will vary widely, old man found that short-term trading is not easy, but delayed his own small business. So he put the book on the stock to stay in sleeping, began to busy himself played a small businesses. That year, the number of shares he had only six, including Hunan, investment, Gold Fields and the Fund, including Pratt & Whitney. Old man the remaining value of assets 3 million yuan. This means that he intervene in the market before the five years, the market's 160,000 lost 130,000 Eighty per cent of the stock market wealth has been wiped.
We arrived in 2005 in May. Old man to listen to her friends, said the stock may have a play. Then rushed to the sales department to see the stocks in their own hands. It seems not looked to see Kaneda. Account on the left in 2000 to invest in shares of Hunan on the screen is only 2 yuan per share, more. Strange old man. Asked how the prospects of going on business department and was told that Gold Fields has been an early withdraw from the market after being PT, depending on Quotes transfer system depends on the counter of the stock market. When the old man to buy Gold Fields price is 7 yuan more than three board is said to only a few cents of the price. Fortunately, not too much to buy, he was not hurt feelings. However, investment fell to 2 yuan more than in Hunan him well to accept. The original old man to spend 12 yuan to buy 2,000 shares, and now let him alone, the stock losses of more than 20,000. Pratt & Whitney Fund at the time of the purchase price is a little more than 1 yuan, to break out of the water shown on the fund only 4 hair 7.
Old man asked, do not mean to long-term investment? How long-term investment in stocks has shrunk so it? Originally advised him to stocks much lower than his friend's situation different is that friend more than 1 million, not tens of thousands of fry remaining, shrinking rate is roughly equal to him.
