Category: Money tips Release Date: 2007-08-01
I am a retired officer, the nearly seven-ten days. Costs are low, the body is poor, do not often go to the stock market, is another amateur amateur investors.
In May 2003, my price of 11.55 yuan per share, to buy 500 shares of Youngor, shortly after buying 10% of revenue. Then there are friends advised me to sell the shares, I did not sell. Because I see a good return on this company Youngor more valued, the Youngor holds 180 million shares of CITIC Securities. At that time, there is no concept of the shares of brokerage firms that, but I firmly believe that 180 million shares of CITIC Securities will give Youngor great profits.
In May 2006, Youngor shares resume trading reform, high-opened high-walk, but after three years of dividends Major Holders, my cost of ownership, only 4 yuan / share, plus sell put warrants, the stock has doubled, but this time I was not tempted. The success of split share structure reform, to bring vigor to China's stock market, while China's sustained economic growth rate, the long-term upward mobility for the Chinese stock market provides a solid foundation, but also for investors to share the outcome of China's economic development provides a good opportunity for the rarely, therefore, I not only did not sell, but also the price of 6 yuan to cover short positions of 600 shares.
Since the second half of 2006, the stock market in full swing. Early April 2007, Youngor published 10 Zhuanzeng 2.5 Pie 3 dollars dividend plans, when stock prices have been between 16-17 yuan, another friend advised me to sell the shares, I am still not tempted. Youngor a quarterly show, performance significantly improved set of industry leading investment expert (broker, bank) cross-shareholdings, real estate and other cutting-edge concepts in an institutional Masukura, a rare blue-chip blue-chip between the two cities. 4,5 months, the brokerage and equity finance, brokerage stocks Quotes hot, Youngor stock soaring, up 34 per. I sold for 32.40 yuan a few hands, one million yuan profit, but still retained 70% of the positions.
I naturally feeble-mindedness, poor financial management, will not do band, do not rebound, it will only buy a few stocks, "sit back and wait." Unexpectedly, this cover their surprise, also cover their out of the benefits. The market value of the stock market doubled in six years, twice the Youngor stock is up 8 times, confirms the stock market "long-term is golden" argument. Old age, but also make a little money, to subsidize home, is also a pleasure.
"Long-term is golden", not with the idea of the defensible. I have been unforgettable experience. Minsheng Bank was the author a long-term bullish stocks. But in bull market starts at the beginning, making money only noticeable when the effect that he is still a bear market mentality, kick the tires, the Minsheng Bank of cheap chips sold. Since then, the Minsheng Bank shares Diego high, I can only feel powerless and frustrated. But not easily abandon throwing Minsheng Bank shares the profound lessons, Youngor will be difficult to hold.
"Long-term is golden," we must choose good stocks Caixing. Do not look at stock fundamentals, do not look at performance, clutching a long time, it will only bring about loss and distress. I also had a long-term holding, the ultimate experience of the failure of flesh.
Youngor the long-term holdings, so I had a feeling this company. I have always been low-consumption, but also intend to fashion a back to buy pieces of Chinese famous brand Youngor shirt, to old to Qiao.
(Hunan Yueyang)
