Category: Money tips Release Date: 2006-09-06
The spring of 2004, big look at semester, in order to fulfill long-awaited investment philosophy, I have a hard-hearted ruthless, Chuaizhao tighten their belts and save money down the 4000 reached the devastated China's stock market.
Though a fledgling novice, but my father into the market for many years been defeated every bitter experience has taught me to understand: the success or failure rationale for its decision. You soldier on for the stock market in terms of bulk-yong, to the bloody competition survive and develop, there must be an independent operation of thinking. My investment philosophy can be summed up very simply one sentence: there is growth potential in the mining industry, the leading varieties. According to this thinking, I bought Suning Appliance stock. On the one hand, the retail trade to benefit from the consumption structure upgrading and urbanization process is accelerating and has great room for growth; the other hand, Suning Appliance As part of this section of the leading varieties, excellent performance, growth was good.
Suning Appliance only for high-priced stocks, many people fear that to avoid any protracted bear market cultivation and did not dare, as a general psychology. Although I am confident, but also those who feel guilty whisper privately, because I just put up pay, surging Suning Appliance began correction. Broader market fell sharply lower Suning followed suit. A month-long adjustment is my unexpected, and that time I have been under tremendous mental stress. Fortunately, however, is always shining gold, I stuck with it, although the index remained stagnant, but the meteoric rise of Suning has begun! Only spent less than a week's time, I began to profitable account. The next year, the broader market tumbled again, and closer to 1000-point mark, Suning Appliance has a meteoric rise to become the market's most dazzling star. Exchange every day deserted, my heart was happy bloom. Every Wednesday afternoon I walked to the exchange to see if disk, I really like the thrill of sitting spring.
Winter break to come home, I have some consciences are moved to the home to a lot of money, and my father was surprised my spending rate, I had to push that gold spent a lot of thoughtful Shanghai Tourism. I know the difficulties at home, which the stock market ups and downs, and my father drift, stocks like a revolving door and go, but in the end竹篮打水一场空. However, there is no way I do, I was reluctant to give up my ideas and dreams.
First half of 2005, I once had the idea of profit-taking. Felt only through the ex-dividend stock trend as before, after, almost running in place. Later, the exchange where an old man's words reminded me, he said that the fund Awkwardness of Suning Appliance, the recent rapid development momentum, the future there is a wonderful change of shares subject worth looking forward to, stocks and some have gone up. I think also, look around, just in Nanjing Suning recently on the newly opened more than a dozen local stores, so fast growth and, certainly adds to its rapid growth in a heavy weight. To conclude that the Unit is far from reach the end of the rally.
Sure enough, the huge share reform program successfully implemented, the Su-ning his usual rally will be ex fill the gap. Now I have less to read the tape, and occasionally look at the online financial news, and nothing more. A few days ago the exchange has met the old man, he sighed with regret Michizane regretted not buying Suning Appliance, has been optimistic about it, and has been no action. Dad can not help think of the phone call was very sad, he was quite upset to say that a vigorous ground to watch the broad market, and may be in the hands of the stock is still down, too scary of. I am frankly advised him to swap, there is just sigh.
China's stock market since the last of the "Thousand Points Encounter" no back after the spring came, everything in the right direction. In recent years the structural adjustment makes the stock market is more mature, investors have become irrational in. I believe that the next time, I have consistently adhered to, and attend to the practice of investment philosophy will be the theme. Three years, I have not done a full deal, but I do not know the amount of accounts on the turn several times. I will hold all the way, as long as it also has room to grow. This is like raising a child himself, if he do not make too serious mistake, we can not bundle him violently and let him free to grow.
Play the stock market is as simple as the original.
