Category: Money Tips Date: 2006-01-18
Short-term is golden, the center line is silver, long-term is a "mercury", which is the stock market the previous popular Shi Shuo Xin Yu. China's stock market has little long-term investors (long-term investment is basically synonymous with hold-up) is because the prevailing wind market speculation, gambling sex full. In the meantime, listed companies speed Xiu life cycle and the "out of the old 1000", are what investors are gambling that left, uninterested underlying causes. Because they can not through dividends from the investments there to share the fruits of sustained national economic growth, but only from the secondary market rose in the Bo-point spread. However, a bet of full market conditions will eventually lose their financing function. In the history of the stock market development and growth from the world perspective, the emergence of the stock market crash is often the gamble of Million Dollar Baby-class moment. Fortunately, we can read the new version of the Pacific Ocean on the other side Shi Shuo Xin Yu: long-term is golden, the center line is silver, short-term water (sold as if turning back); Americans earn in the stock market in the car house, the Chinese people in the stock market in the kinds of soybean sorghum. Automotive house the difference between sorghum and soybean investment philosophy is very different. Yankees hand the most valuable asset is the stock - a long-term holding, snowball-like expansion of the stock; the Chinese people are a lot of hand holding win tonight to go back to the Ming Dynasty then the output chips. Sorghum, soybeans are used to make the kinds of car ownership are also houses, to cultivate long-term investors the time! Because a healthy growth of the market is necessarily a long-term investors dominate the market!
China's stock market bear for many years after they were up cattle, and cattle have all been crying the whole world to read, I really can be described as three decades Hexi Hedong three decades. The birth of this bull market, I am afraid we can not simply be reduced to stock reform and the currency value. I wonder if investors have noticed yet? The Quotes for Yong who started a few years from the silent weight of large cap blue chip stocks to initiate, and it has a deep-rooted causes and epoch-making significance. It is actually revealed to us a new investment philosophy - "do not move stocks" investment; China's stock market investment "do not move stocks" era has arrived. Referred to "not move stocks," people will think of real estate. Like Li Ka-shing Rich List as one of the world the Chinese wealthy, when we must rely on value-added real estate investment after the fortune, while the United States millions of millionaires created, then the stock market from investment in real estate - "non-mobile unit."
As the name suggests, "fixed stock" is not going to sell to buy stocks. It is not a simple sense of the blue-chip blue-chip stocks. Why did the stock market previously have been in the blue-chip blue-chip investors, dubbed "the plot hard to worry worry about stocks," because these companies are either spending a scene is either a rare bonus. Blue chip only "in the water", investors end up like the moon monkey fishing only "false hope." The "fixed stock" is sustainable development and sustainable allocation of shares. Please note: "sustainable distribution" is not. Like the United States, Coca-Cola, McDonald's, Johnson & Johnson and Microsoft and Internet industries kinds of technology stocks, after buying the original holders of fixed-but now every one of those multi-millionaires. Rich way of real estate to create value-added real estate every year, "fixed shares" method to create rich is a sustainable distribution. Some U.S. companies are not allocated according to years, but six months or a quarterly distribution, through constant dividend after the split, and some thousands of times the stock doubled. The investor owns the stock is equivalent to the Empire State Building have the same "real estate", who are willing to abandon it?
Some people may ask: China's stock market has obvious "Chinese characteristics" and can not with the U.S. stock market analogy. Our stock market speculation Duanchao monsoon, there is Caotou Wang Chong, a listed company fraud habit, and some blue-chip company is very stingy. Based on what basis to prove that "non-mobile stocks" era?
I wonder if you noted that no, this "Chinese characteristics" is silent change. The SFC has recently revised rules of the game: whether the company will be available for dividends as a prerequisite for re-financing. Mo look at this seemingly gentle knife, it was "subtle and underhanded," the knife, it will declare a new era in the securities market extension of the old students and one end of an era. "Dividend" The problem is commonplace, is not important, the key is whether the back of the dividends, as "refinancing" conditions, virtually cut off the non-dividend stocks were re-enclosing money to the hands. The stock market's basic function is to finance, once the loss of function, it will be worthless, just like the mighty men were emasculated by the same. Meanwhile, the major shareholders after the share reform of assets into the overall market, is also a listed company to reverse a previous bad habit of when the cash machines. Once the idea of establishing the new investment was widely recognized, will lead to: Duanchao speculative end of the wind; the end of the concept of fried fried themes; fried junk stocks end; listed company fraud to an end. To listed companies, for example, whether you have done a beautiful fake, you get no cash bonuses, still there is no "breed" capability. It will bring the provident fund is a listed company can not to sleep in the banking and Norway do what he used to give investors dividends is the only way out. More dividends, financing and capacity will be. This year, Major Holders, and large-scale corporate dividends than last year grew 47%, if the stock market in the "non-moving stocks" is a rare species, it would have forced companies to high-Match in the "non-moving stocks" in line at the same time update the concept of finance and investment ideas. Perhaps one day we can see a company for one year in four red, the same time, several times a year the financing of a new atmosphere, which fundamentally solve the issue of sustainable development of listed companies to form a virtuous cycle of good company, bad company vicious circle , the strong Hengqiang, a new pattern of the weak constant weak. High distribution of high-growth companies, has become a long-term investor's paradise. Of course, this requires the issuance of more merit-listed group of companies to cope with.
From the country's capital markets mature point of view, the highest state of stocks is not fried. After buying good stocks do not intend to sell, to make long-term investment. This cycle may be three years, it could be decades, even a lifetime to hold. U.S. stocks did not PLAY mechanism, it still up for a decade, because everyone bought the Lock, with PLAY to eat down the set of goods, pulled shipping, high-throw Duanchao bargain-hunting approach is not feasible, after a high throw because you may not buy back. Long-term investors to hold Hong Kong and Shanghai Bank, has never made any broad market losses over the short-term fluctuations in the money. In fact, Su Ning, Hidenobu shares, Vanke, Poly Real Estate, etc. in order to fund a new village-based, has given us a dynamic model is not bought. To Suning Appliance, for example, rehabilitation of the right to more than thousand dollars, are sold at any time after the insult.
The face of new investment philosophy, as individual investors should have no changes, dilute index, to "make the index lose money," reversed, earn a "non-moving stocks" does not make a index, the index rose to 8000 points, is also Well, fell to 3,000 points, worth mentioning, as long as you consider oneself to hold a good stock on Do not flesh, and do not run a sort of relief, we look back, you throw the stock has several low-cost which saved you can come. Before everyone is looking over at dark horse should now be looking for "fixed shares" of the.
