Category: Money tips Release Date: 2007-05-23
Used to see a puzzling phenomenon: a lot of very good in their own line operator, into the stock market has become a loser. At that time it was lamented, Zuo Gupiao more difficult than doing business. Then came the bull market, the original quilt's stock rose at last, and some reached a new high, so he was feeling, in the stock market to make money much easier than doing business. This is where is the money Yeah, simply Jianqian Well.
This is really only a few years makes enough to create misunderstandings --- ah, the bear market turns and cattle, the same conclusion on the sentence reversed. On second thought, down Zaba out the taste of these words came. I had specifically discussed the author's investment and to work What is the difference, and now to compare the investment and operation, it should be somewhat meaningless.
Investment management easier to say than that, it is much easier. The most fundamental point: the liquidity of a better investment, so investment is more flexibility; In contrast, operators will have to much trouble.
For example, poor management, loss, and how to do? To cut costs, to reduction of remuneration or layoffs. Reduction of remuneration, staff will not be affected and not properly dried, thus bringing more trouble into trouble more then? Layoffs, in general, the results of downsizing is often the best employees jump ship, but really want to cut the staff was very difficult to cut. In fact, the layoffs will take a great cost, and possible loss of high-quality customers. Unreasonable in some places, is not to lay off will be able to cut, where the labor law or employment law businesses have very strict constraints.
If it is production-oriented enterprises, but also involved in plant, land and other large fixed assets realized. Yes, it may have been financially amortized over, but after all, money, still have to carefully replace the money. Entrepreneurs had a place to open a plant, due to offended parties do not go on, in retreat when the plant and the transfer of land simply does not go out, one will buy it, people look at you is to this part of the asset in vain dropped, looking at you are very distressed to pack up leave.
Investment is different, as long as you are not a banker, in such a large market, even a large number of stocks, a few minutes left clean, fingers, knock on a few keyboard, everything is all right, no one can no stopping.
If business is done well, expanding the scale of it is not easy. For example, the original open a shop, now open two, which are essentially different. A store with 10 stores is different from 10 stores with 100 stores, of course, are also different.
But the investment would be much simpler, because millions of 100,000 yuan and no difference between million and million yuan, and perhaps there are some differences, but the difference was small. Is one of thousands of millet, one million is a soybeans, 10 million is a date, in the stock market this mouth pot, in and out are free, can by a toss of your temper.
Risk is not much different, in some ways, said that risks in the operations may also be larger, for example, a brand below 100 stores, of which a big issue out of this brand you can give to bring disaster, and there could Since then Zadiao the brand, of course, also the way Zadiao an additional 99 stores; but investment is different, and if 1 million, there was a million on the purchase of that stock dropping 24 daily limit, with another 90 90000, it does not matter.
However, business investment than is really easy? If easy, why do people still do their operation? Notes to invest in operation much simpler, striking a few keys on so much, do not have to run approval, relationships, do not drink a bath on the karaoke, do not Gangchu dinner wanted to go home to drink millet gruel.
Investment in an investment difficulties.
Is difficult to avoid the risks of investing, but also difficult to predict. Non-systemic risks might be through investment portfolio, diversified investment to decrease, but systemic risk is very difficult to escape to.
When the downturn comes, the operators can have a feel of the process, fewer and fewer orders for business or restaurant Theravada less and less, in short, is a process, in this process, you can plan ahead, you can find the rain umbrella .
But the stock market is different in the morning an opening, you find that is not less buyers, but simply no buyers, everyone there lining up waiting to sell it. You can also rafts bar, the buyer does not, and Tai Huoer a plot has the daily limit on the wait. This has several daily limit? God knows.
At that time you think of reducing the size of it? Contraction in front of the mind? Too late!
All in all, investors are not easy to face an uncertain market, the investment money is never easy, at least not Jianqian so simple.
Said that for a long time to invest and operate in different, in fact, there are still common ground between the two.
First of all, both need to do is "buy low and sell high." This is a very useful reference for investors, meaning that buying the time to ask yourself, "That stuff is worth the price children do?" If the worth, not buy, or less selling points. In this connection, the operator is very aware that if a pound of pork rose to 138, a restaurant owner would not purchase a pound of how much money --- crabs? Conversely, if the eggs fell to a 81 pounds, it will store some more, how much a pound of rice?
However, even had a very shrewd operator, one Zuogu Piao, put forgot all about these basic common sense: do not consider the stock worth, much higher shares of Dugan outrageous chase. I am surprised to operate when the "shop around", "sky-high claims pay back the money locally," Where have you been? Why does one enter the stock market, a rational would magically disappear? Initially fell 998 points, they chanted, "stay away from drugs, away from the stock market"; now index rose twice as much, adding that there is no bubble in the stock market, there are foam is also rational. Surprisingly, there is a rational bubble? This is not a brand of liquor with the × × "not only not to hurt the liver, and the Liver," is as absurd?
In the stock market, the reason why there will be a very crazy behavior, because the price of capital decisions, like kites, as long as the wind came, and kite flying how much it's hard to say. Ordinarily, the price of a ton of copper wire can not be more than a tonne, but the market is hard to say because in the market, the money have the final say.
Investment, the temptation is that when money is also easier than Jianqian; lose money when the water throwing money than to further injustice. Therefore, investors really should learn a rational operators, while the operators into the market, when 10 million Do not lose reason.
