Category: Money Tips Date: 2006-09-16
From "Stock Market Gold Rush" to "fund where Jianqian"
- Investment from the story of the people around us
With the open-end fund's house the growing number of public investment from the past, the most common "Stock Market Gold Rush" and started to go "in the fund Jian Qian." Reporter in the interview, often you can hear many stories of such investments.
Month earnings Jinliang Cheng
Miss package to do a professional media editing, her husband at the hospital, two stable-hand has also been a lot of savings, how to manage money as she normally considered the most problems. She prefers the former Bank of RMB banking business, annual revenue of around 3%, not to fight tax. Earlier this year, and co-workers Yixi Tan, then changed her investment strategy. Colleagues have told her to buy the Fund's income is much higher returns than bank finance. She began to try to buy the fund. Bacheng in July this year, she will buy a China fund savings, and now nearly 20% of the proceeds. She said that next year she would buy more funds.
Lao Yang couple had wanted to invest in stocks, but the couple more busy work, so next best thing to buy the fund. The beginning of the year they are purchased, have been put into more than 20 million; the first to buy the card 50 such funds, returns this month, more than 70%; in June this year, Wells Fargo bought Tianyi Fund, currently has more than 30% of the income .
Buy closed-end funds directly to make a difference
Known for many years a friend Li as president in a private enterprise has been busy with the company's industry. Although his personal bank account there are more than 200 million in funds, but has not been put into the stock market. See around some of my friends claim to make money in the stock market, and heart when remorse. However, in mid-November this year, the whole store to buy closed-end fund's decision to let him finally had to share the stock market today, the joy of making money.
November 15, Li Yong, after a period of observation, at a friend's recommendation as to the price of 1.01 yuan to buy the whole store and 200 million shares of the Fund Feng. 16, told reporters that he telephoned the investment decisions. 16, on the phone I asked him why such a promising closed-end funds, he said, to earn money visible. He was such an analysis: First, net value of the fund units reached 158 yuan, worse resale values of 33.7%; two of the Fund Feng and several major Awkwardness are China Merchants Bank, Shanghai Airport, China Minsheng Banking, OCT. The financial and property shares a huge recent gains, the fund net increase significantly, from 8 months, the fund unit net increase of 2 cents or more per week. Third, the fund managers Feng and Harvest Fund has been operating the company strong, strong stock picking ability, it is worth looking forward to. With the blue-chip Quotes of the deduction, the net value of the fund, and there is abundance room for growth. Li was expected, the Fund, and HSBC's target price to achieve when the fund net worth of at least 1.58 yuan, 50% upside. Li believes that China Merchants Bank, Shanghai airports have a larger share of gains, a large number of these blue chips hold significantly underestimated the value of closed-end funds, buying abundance and, Taihe Fund to profit opportunities.
Today, HSBC, and the price of the Fund up to 1.40 yuan, while the net value of its units reached 1.79 yuan. Half a month's time, Li's investment rate of return is almost 40%. Visible from his target price has been far away, but Li did, it would come so quickly.
Nothing to buy stocks veteran
Mr. Gao is the stocks investors 6 years veteran of the stock market this year, he hands him the fund had about 80% return. Although there are a lot of spare cash on hand, but Mr. Gao did not want to vote money for the fund, nor want to buy stocks.
Mr. Gao that the above points in 2000, many of A-share and is no longer cheaper than the international standards, although many funds created this year, more than 100% of the revenue, but the face of a market is not cheap, in order to get high again proceeds have been impossible. Today, many individual stocks have been holding in 2008, said the performance of things superior performance of the stock waiting to catch up, but the changes in the industry who also said that something is not clear, the tree can not grow to heaven, beautiful 50's bubble will burst . Market economy, there is an invisible hand, stock market, too, when prices deviate from value, it rose no where to go. Everyone knows this truth, but all fantasy earn the stock market the last penny, but this possibility is very small.
Mr. Gao has also cited examples of Newton's stocks. It was the British man named "South Sea Company", and claiming to be the main maritime trade in Latin America are doing. After all, Newton's smart, he was involved early on, but he was more conservative, that's almost up, and the shares are sold, but also make a lot of money, but discard all the way after the stock is still soaring, the initial non - second thought, until the rise of 800%, he finally could not stand the elderly, the pressure of the money up, the results of his success became the "last fool" role, what loss of £ 20,000.
Now some funds invest in many companies as much as 30 times earnings, that is, if the profitability of all of these companies brought dividends, to 30 years to recover the cost of its annual return rate of a little over 3 percent a year, in fact many bonds have an annual income of 3%, taking into account the opportunity cost, and now the risk of investing in the stock market has been higher. Some investors buy a fund that as long as you can sit back and relax, but in fact not the case, we should know that many funds have a loss of previous years, about 20% of the records, if the quality of listed companies available for investment less, then the chances of the stock market less; the stock market opportunities for less, less chance of the Fund. "I do not think they could find the big money of the fund, so I will not buy the fund had." Mr. Gao said.
