Category: Money tips Release Date: 2007-06-12
Mr Yip is a professional investors, stocks have been more than a dozen years or more. Because of his time, relatively abundant, a number of friends and family gave him the money for their own Pianqiang care. Taking into account the hard-earned money to friends and relatives, so on their behalf in managing finances, Yee can be said to be doubly cautious.
In previous years, Mr Yip only dare worse resale values their hard-earned money to buy some high end of the period from the closure of more recent small-cap closed-end funds, such as fund-Xing Branch, Jijinpurun so. Although these funds can not say that absolutely no risk, but compared with the risk of the stock is smaller. With the stock market to pick up, new shares issued by lifting the ban, Mr Yip found the risk of subscription of new shares is smaller, so when the Shanghai Composite Index climbed to 1,400 points, after Mr Yip has gradually begun to distribute the funds held by the hands, to Hu Zhi rose more than 1600 points, Mr Yip has more than 90% of the funds in the hands thrown, the purpose is to repatriate funds, purchase of new shares, to avoid continued to rise because of the risks: "Historical experience shows that in general the level of the stock market is up 400 points around large level of the stock market up 700 points or so. such as the Shanghai stock market in July 1994 low of 325 points in September rose to the highest point and 1052 points, up more than 700 points; in February 1995 a minimum of 524 points, rose to the highest point of 926 points in May, up more than 400 points; in January 1996 when the 512 from the lowest point in December rose to the highest point and 1258 points, up more than 700 points; the same month, a drastic drop to 855 points, then up May 1997 rebounded to the highest point of 1510 points, up nearly 700 points; in September 1997 a minimum of 1025 points in June 1998 to the highest point of 1422 points, up nearly 400 points ... ... "Mr Yip on the This is a bunch of boring looks almost recite every word of the figures.
The recovered funds, Mr Yip will discuss with family and friends: At present, nothing can be said that the risk of subscription of new shares, instead of holding a small risk funds, you might as initial offerings to the bumper of luck, can we not put money together and placed in an account Village to focus dozen new? This even number ah! Our funds combined have more than 350 million times and purchase will not say, but at least some major plates are not slipping through the net of the shares. As long as the index is no longer to fall, initial offerings will not lose, and the one-year earnings will not fall below 10%, better than investment in real estate ... ... to listen to Yee Tai Huoer such an analysis, agreed to his proposals: a collection of dozen new !
As a result, they are co-funded 3.5 million yuan, 100,000 yuan for each count were a total of 35. The new shares were listed in the same day to sell, the profit was not as shares, but also temporarily assigned, but again for the subscription of new shares, and so on, until the initial public offer that is below the issue price of opening up, this time to conduct the distribution of profits, that is, with the total profit divided by 35, the final share classified according to their respective accounts.
Through the practical operation, they purchase a total of six new shares, it is fortunate that actually Cici Du, the number of time even in the more than 20 numbers. Follow suit continues, if there is no accident, for one year 10% of the profit objective should be no problem. "Some people may not care that the 10% that you buy a Niugu, a limit-is enough. This is indeed true, but who have that courage and dare to spend 3.5 million yuan a fund to buy one do not know is the limit-or the daily limit of stocks?! "Mr. Ip said, not without pride. (Ye)
