Category: Money tips Release Date: 2007-03-08
Recently, the media repeatedly quoted one scripts. To say that Beijing could have been an uncle to the bank to save money, the results to see people are queuing up to buy funds have also bought the fund. Think not to go home, but also washed back to the bank asked that the fund interest is. This scripts has become a risk to investors, a classic case of education.
In fact, this is not only Grandpa version of scripts, as well as aunt edition, and even Miss version. Reporter also witnessed a small white-collar version. On that day, one never asked why the stock market chat with friends and reporters objects:
sabrina_ like money: ask a question. Today, my colleagues by phone to help me buy a 10000 Fund.
Lao Li: Han funds to buy ah?
sabrina_ like money: It seems that what is Hua Poly.
Lao Li: bought, bought a bar, what is the problem ah?
sabrina_ think the money: I do not know where to check the fund ah.
Lao Li: the fund company's Web site every day, announced the fund net.
sabrina_ like money: Han is the net ah?
... ...
This day is January 24, 2994 Shanghai Composite onto the high point of the stage.
Reporter could not help but think of a set of data. In December 2006 to January of this year, A new Bank shares have risen sharply, the peak daily average of more than 50,000 accounts at this time rushed broader market highs. And then on February 7, media reports, with the Shanghai and Shenzhen stock markets last week's sharp correction, A shares and the Fund's accounts boom began dwindling, A shares the number of new accounts for the first time this year, below the 50000 mark, When compared with the peak fell more than 50%. At the same time, the Fund has greatly diminished the number of daily accounts.
Looking further ahead, in May 2006 along with broader market triumph, accounts, is also breaking records, by June 14, media reports, along with the broader market continuing callback, A shares appears sharp decline in the number of new accounts than in early dropped by more than 50%.
I want to say is actually very simple, each time when the broader market mad rush towards the head, are entering a time when enthusiasm for the new shareholders.
Do not tell me who came up with the toes of the truth, what is the positive feedback effects to make money and what chase sell into. I think that behind this there should be more profound social and psychological background. So I went to consult a sociologist, but did not ask the sociologist is also bought the fund or stock.
Experts thought for a moment and said: Yes, when you coworkers to show off to your friends neighbors are in the stock market when the amount of money, but also look at this every day, the stock market up, It's hard to suppress the impulse to invest in yourself, which is to make money effects of positive feedback. But, in fact, there is fear behind the psychological background.
Fear? Yes, fear. Contemporary social stratification in China is in a period of rapid change, and each one of the largest cattle market Bear are also the cruel process of redistribution of wealth. We all fear the redistribution of wealth in this process, take the express train is not on the stock market or become the unfortunate who foot the bill. For each round of reform have become the cost of the passive bearer of the "Grandpa Aunt" who, the stock market is that they consider themselves to actively participate in and grasp, and to improve their living conditions of the "fast track approach" opportunities.
One side is fear, rushed into the market; but to enter the market, on the other side, or fear. Stock market crash, new accounts, now badly depleted. Risk Warning sound, sell into the turbulent disk. On that day, my colleagues in the past, when the bank called and said a lot of people put around the fund and stock sold, their own funds and stocks which do not sell or too scary. Day from the 3049-point benchmark Shanghai Composite Index fell to 2771 points in one breath, or as high as 8.84%. ... ...
"Grandpa Aunt" were the stock market ecology, hard to describeå‘€!
