Category: Money Tips Date: 2006-07-05
Lung, believe that every person who likes martial arts are not familiar with Hong Kong was hit by the recent film adaptation of his television series "Jewel in the Palace," said he had been drunk, and often advance royalties liquor, all day long does not belong to home, after the premature death due to liver disease. Known for his course ought to "Sentimental Swordsman", the hero of the most trusted friend Li Xunhuan was deceived and lost love, but he has a deadly weapon "Romantic Swordsman." Martial arts novels have more than his enemies Shangguanjinhong, the final climax of the two masters of iron in a sealed room duel. No one knows the course of a duel, only know that the powers of Shangguanjinhong higher, but he repeatedly abandoned Yijizhiming opportunity, but would like to personally myself what the legendary "Romantic Swordsman, cases do not cry," and finally Li Xunhuan Finally in the most confident moments throws a "Romantic Swordsman" and become alive in the house from the iron out of people.
Li Xunhuan knew that he must beat Shangguanjinhong, but if so he is not sure of the time in the throws Flying, then the final out of the iron house of people must be Shangguanjinhong. The pattern of this game for the intention to buy the shares on the stock market is also very people who learn. Circulation of shareholders only weapon is money to invest in stocks, so if the stock price high, or any other listed company wants the money in circulation shareholders obediently sent, then the flow of the shareholders there is no ability to protect themselves and want to money can only take orders from the listed companies. In this paper, to talk about as a value investment, buy stocks principles.
First, stock prices must be low enough, just not in the Li Xunhuan prefer to be defeated not sure when the issue of Flying, lower stock prices in circulation very beneficial to shareholders. First, future earnings are high, the second is a listed company had been acquired by the pressure, they would strive to improve the management to improve stock prices. Therefore, if the flow of the shareholders holding preferred shares do not make money is not buying them, then the level of investment income will increase a lot, Buffett is said to be a good price to buy a stock until a few years. At the same time, the stock price must be low enough when the firm bought the same as Romantic Swordsman, because such an opportunity fleeting, this is the best time to make money, just like last month, when the stock market crash so.
Second, should the expected return, which mainly refers to the search for investment objectives. Peter Lynch said in his best-selling book, the choice of investment head, he would start with a small number of stocks to buy in bulk, and then observe the screen from which there is increased potential for additional investment in stocks. Found that investment objectives are generally two perspectives: First, look at the macro, such as the 2003 the Hong Kong market, as long as the purchase index, or slightly stronger than the index, then the benefits certainly not bad. But this year the fund bought in the Mainland, on average, revenue is not ideal, although the Fund's income was significantly stronger than the broader market, mainly because for some time in Shanghai and Shenzhen A-share market has been down. The second point of departure from the micro-, through in-depth study of the fundamentals, looking for the absolute value of the stocks. The fund has performed better in these two years are primarily from this angle to find the stock.
These two principles easier said than done, but just like Peter Lynch, as recommended buying the stock before the do first a two-minute meditation, the price is appropriate? Earnings expectations clear? Due to a technical graphics and make buying decisions , the odds probability mostly below 50%. For investors, the first step is to learn to learn to make money not lose money, not lose money is the core of society learn how to correctly buy.
