Category: Money tips Release Date: 2006-03-12
This is a "51" holiday back home, a secondary school classmate --- now has become a high ranking official of local grass-roots level, in talking about how to develop the local economy has left me with an impressive words: "Man accumulated wealth together, the people to financial casual. " Think, is this only a local economic development needs "of people gather accumulated wealth" popularity effect, the stock market as a Among the market's confidence in public participation, in particular, need to "gather people accumulated wealth," the popular effect.
"51" after the holiday the total turnover of the two cities from April 28 to 41.8 billion this week, a quick zoom to 465 million, this week, two of 591 million, and then to 70.5 billion yesterday, continuous refresh transactions over the years, the amount of days. Since the Shanghai stock market history, we can break through 30 billion single-day total of only 14 days of trading days, along with the amount of days not seen for many years behind the continuous inflow of funds and the market's daily limit every day a large number of individual stocks. The back on the past few years, I do not know how many stock market investors are bogged down once to "talk about stocks at the mere mention" state. It is a typical "who accumulated wealth together, the people to financial break up" the city View map.
Last night I called a friend to me, saying that father in the last 28 accounts to buy expensive route immediately after the stock has now been four consecutive daily limit, and very, very happy; while more than a decade, investment experienced friend was in the process of communication with the author complained, this wave of market information of the index did not earn any money earned. This new investment in a contrast between old and thought-provoking. New investors often have the characteristics of a fearless --- Clueless, just-do, which shares up, which bought lowest whom. The little old investors, especially given the bearish investors in the past few years, perhaps not so casually chaotic chase, relative to much more cautious, or more rational. It is state of mind, decided to attack, and this may also lead to higher energy prices and in such a unilateral performance of the old shareholders are not as good as new investors.
However, easy to make money like this situation, as we pointed out that the extreme front, "冰火两重?quot; phenomenon can not last long, as the world can there be a free lunch ah. After all, every investor is to go through ups and downs of the market. As an investor it is important to have realized that the stock market investment is a learning, he is "too old to learn to do" thing. To know the world's greatest investor Warren Buffett, the average annual return rate of only 20% more than that, if given their own set unrealistic earnings targets, tend to be counter-productive, control the market risk is always the first lesson .
