Economy--Optimist Financial Management (II.)--equity fund

Stock Fund Chapter

Seven years in a great bull market.

Overcome fear and conquer greed.

Stock-based funds to invest indirectly in the stock market. tiered funds, most of the assets are inside .

I don't know if you've ever found a rule: when everyone around you starts talking about an investment, it's often the most risky thing, and it's likely to be a time of great decline.

For example, gold from 2001 onwards all the way up to 2011, in a decade of the influence of the bull market, many people really listen to the business of the flicker, really think that gold can resist inflation, really can keep up so much, so in the 2012 gold market by the ox to bear, many people still desperately buy gold, each time the gold price fell, are considered to be a good opportunity to copy the bottom. Especially in the April 2013 gold price collapse of the one months, the Chinese aunt is fighting for gold. The result? As we all know, gold continues to fall all the way, and now there are few people concerned about gold.

Again, for example, in November 2013, the domestic media are crazy reports of Bitcoin, many have never heard of bitcoin before the people see the crazy money-making effect also to follow the game to play Bitcoin, the results of these people all set in the history of the highest position. If he had started to talk about bitcoin a year ago, it would have been drowned by countless bitcoin-loyal saliva cores, but now many people have lost their sense of bitcoin.

As well as the balance of the proceeds of the treasure in the early 14 of the 13 to reach the most popular stage, when the income approaching 7%, the results of that period of time in the financial community to open any forum is said to be the balance of treasure, office white-collar workers in a work on the talk "Pro, you yesterday balance treasure and how much money"? The size of the balance treasure has expanded from 50 billion to 500 billion in that short six months.

However, the outstanding, immediately after the balance treasure proceeds rub rub down, so by the end of September, the balance of treasure scale than the end of June shrank. Now we are most concerned about the problem is: Anyway, the balance of the treasure is definitely not, what can I invest?

You have found no, want to invest money, in fact, is a very difficult thing, because you want to fight with your humanity!

In Buffett's words, this is called "Others greed I fear, others fear me greedy."

Because the unknown truth and do not know the independent thinking of the small people have a natural herd mentality, I do not understand, but everyone around this shop must have a reason, or is today special promotion, or this shop is particularly good. This is human nature, which is called the herd effect in economic terms . but we all know that this is actually a derogatory word, because you follow the other ignorant sheep go together, finally will be sheep into the tiger.

Why most retail investors will lose money, why brother in the show repeatedly stressed that you must develop the habit of independent thinking, the root cause is here.

Stock

Recommend a stock, that's black mouth and banker's thing

What exactly is a a-share?

Here a little popular science. The development of China's stock market, like the development of Chinese football, is divided into a- share B-Shares at the outset, just like the former Serie a leagues .

A A-share is a common stock called renminbi , which is denominated in renminbi and traded in renminbi .

B-Share is called the special stock of RMB , which is denominated in RMB, traded in foreign currency , shares in Shanghai stock market, Shenzhen B shares in HKD trading.

Shenzhen in Shanghai is also very interesting, we have all heard of the "Shanghai and Shenzhen stock Market " is the stock Exchange and listed on the shares of the securities Exchange .

Oddly enough, there are almost only one domestic stock market in the world, such as the Japanese stock market in Tokyo, the United States in New York, Britain in London, and Germany in Frankfurt

Why does China have two places to go? Oh, this is called Chinese characteristics, is to hang the socialist hat, do the capitalist activities, but also afraid of capitalism can not hold, so take this segregation risk, spread the risk of practice.

Shanghai engaged in a, as the motherboard, Shenzhen and another, as a SME board, so that the risk of stock is scattered; A-share to engage in a, B-shares to make one, so that the internal foreign investment to separate away, the domestic people only allowed to play a-share, foreigners only allowed to play B-shares. But now in fact, foreigners can play a-share, the domestic people can play B-shares, and now there is a Shanghai -Hong Kong-Hong Kong, after the International board , in fact, B-shares now is a very chicken thing, in the end, B-shares should be how to reform is also a variety of statements have, I don't have a big relationship with our little white.

Know what people can go crazy about in the stock market. "The Mad" Pan Hong and Lau Ching, the story of the 92 bull market.

5.30 Garbage stocks flying elephants fly stamp tax unilaterally. November 5, 2007, PetroChina listed. 08 Background to open the Olympic Games, a-share of the great bull market, how can not see the fall, there is a song on the internet, "dead are not sold." The IPO price 16.7, the first day soared 48.62, reversed 3 times times. Black mouth yang million. Said it would go up dozens of times times, and it was only a year before the effect fell to 9.71. So 2008 Shanghai Composite Index 6,100 free fall to 1600 points, "I stand on the top of PetroChina 48 Yuan"

Taking history as a mirror, the investment of bull and bear investment conversion. Most of the retail investors, their own stock of the proceeds of the ticket, rather than to buy equity funds. Control position. A penny to try hackers. Just called a small part of the tuition, learned what is called pain.

The market was born in despair, grew up in hesitation, matured in longing, and destroyed in Exultation .

Economy--Optimist Financial Management (II.)--equity fund