30 years, history is ups and downs.
For investors in the tide of reform, there is also a name that is famous, and there is also a story.
This contrast is particularly prominent in the stock market.
On the 30-year time node, it is obsessed with the changes in the Chinese capital market with the perspective of professional stocks.
The stock is a \”vulgar\” thing
Most people entering the Chinese stock market have the adventurous spirit, the old \”retail household\” Li Zhi Dian said, the first time to buy stocks is 1987 In the year, China began to implement joint-stock reform, the first batch of collective ownership companies, this form is sensational. When he heard a company called vacuum electronics to publicly issued a stock, I would like to subscribe to 100 shares, and the price per share is 10.
Source: Big Trading Platform
In 1987, I took out 1000 pieces to buy no one, I didn’t know the stock of the foreground, undoubtedly urged. Later, vacuum electronics became one of the old eight shares listed in the Shanggang in 1990. After the listing, the stock price rose sharply, and the first stock investment of Li Zhi Dian became more than 10,000 pieces from 1,000 pieces.
However, China’s capital market will not block after the opening of the brake, until now, the 1.7 billion investor size makes the stock turn into a national asset configuration, and the rational capital market is also We will need to have professional investment knowledge and multi-dimensional judgment on individual stocks.
\”The stock is a special ‘vulgar’ thing, you can’t grasp the daily limit every day, good votes are the same as people, you must be unfamed, you can hold it.\” Independent investors The trip borrowed the three realm of the kingdom to generid, to describe the advanced road history of the stock market: the first important realm is a high-level, investment must have the spirit of \”alone high-rise building\”; the second realm is Every step in the reality, even if the belt is getting width. The third real world is, after crossing thousands of mountains, after reading thousands of sails, I found that in fact the truth is in the \”lights\”.
Stock is the best investment asset
\”We have passed the road of nearly a hundred years of money in Europe and America in 30 years. From the first stock, 4,000 stocks from the two cities, open from the first counter, to more than 10,000 securities business units across the country, and today A stock market value is about 72 trillion yuan, jumps to the second largest market in the world.
Tabread: China Wealth
Every stock is not only a witnesmer of the capital market, but also the beneficiary. A large amount of data shows that in all assets, the long-term returns of stocks is the highest, and they are worthy of gold, bonds, and also far-running inflation.
Example of money trip, Professor Jeremy Sigl statistics on the three-class assets of the United States in the actual return of 200 yearsNow, remove the name of the inflation, the stock has risen by 750,000 times in 200 years (about 7% annualization), and the bond is 1083 times, gold is 1.95 times, while the dollar cash has fallen. Other countries, regardless of developed or developing countries, also substantially follow the similar law.
Source: Jeremy Siger \”stock market long line method\”
What is China? Represented by the Mid-Securities 100 Index, if it is 10,000 yuan from January 4, 2006, the income of the years will continue to invest, and the annual investment income is as follows:
Tabulation : China Wealth
It can be seen that even if it deducts inflation, the post-200 index has been much higher than other investment targets in the past decade, and the annual yield has reached 11.19%. It can be seen that stocks are a good target for long-term investment. \”This world is the world of credit currency, is the world of inflation! So you have to understand investment, at least don’t let your assets shrink.\” The trumpet of money believes that the annual income of investment products The rate must reach about 7% to resist inflation and asset erosion caused by currency release.
How to become the most profitable one?
It is difficult to say that the stocks is very difficult. If you want to profit, it is more difficult to become a winner. In this regard, the trip to the money believes that \”the investment is not easy, but once it advances, it will enter the status of ‘knowledge, select the game, choose the track and horse racing, and have its own’ core competition in the market. Force ‘. \”
The money is explained that the stock market has the statement of\” seven loss and one profit \”. It is a game of a game. It is also a market that a few people earn most people’s money. Therefore, in the votes logic It is necessary to choose to stand together with a few people, accurately find the part of the valuable stock that only a few people hold.
How do I find this type of stock? The first is the selection, that is, observe the composite growth rate of the selected industry. China’s economic scale is moving towards 1 trillion yuan, the long-term potential growth rate of the economy may be around 3.8%. If the total amount of 2035 reaches 2 trillion yuan, the economic growth rate in the next 15 years is at least to reach at least More than 4.6%, therefore choose an industry that has more than 10% of the average growth rate, which is mostly some subdivided small industries.
After selecting the track, I have to choose a good horse horse. Specifically, it is to observe the past performance, management of the selected listed company, the execution of management, the location of the industrial chain, core competitiveness, dynamics Macheng River and so on.
\”The world’s big matter must be fine, the world is difficult to make it easy.\” The trip to the money explained that the stock also wanted from a small cut point, from the most basic level to investigate, not so difficult, Not that simple.
Li Zhi Dian always emphasized that he is just \”retail,\” no investment system, the most important thing is that mentality is to keep flatOften, you can’t hold the rich mentality stocks. Then choose the stock you are familiar with, touch the temper of the selected stock, and earn a lot of profit, \”Only the only thing to load it in your own pocket is profit.\”
It should be noted that the trip to the money and the Li Zhizhen emphasize that it must not add the lever stock. Explanation of money, now the GEM is now released by 20% of the down-stop restrictions, which means that \”heaven and floor\” is 40%, plus leverage, and the risk will be very large.
Hu Zhijian, for example, in the early 1990s A share has a very special renovation mechanism called the new stock subscription certificate, the subscription certificate is not signed, and it is the same as the purchase lottery. At that time, a lot of bile stocks bought a new stock subscription certificate. Due to the high signed rate, the new stock was launched and saved, so many people made money through the new shares.
Source: China Securities News Let him have ambitious stock market. At that time, the brokers were relatively easy. Friends plus leveraged to 1 million into the market stocks. At that time, the A shares did not rise, and the market fluctuated very large. In case of market fluctuations, millions of wealth is returned to zero, and then no longer See friends to the business hall.
Give the market a certain fault-tolerant space
Thirty years, the capital market has left countless unforgettable things.
There is only \”530 secondary night chicken\” \”816 Oolong,\” \”327 Treasury Bonds\”, and the thrilling melt time; there is \”12 gold medal salvation\”, \”National Team trillion\”, etc. Emergency action.
There is only \”Yintian Summer Trap\” \”Lantian Bubble\” \”Vanke\” \”LeTV Fall\”, and \”Maotai Myth\” \”GEM 28\” \”\” Nuk \u0026 Bo 25 New Show \”.
Li Zhi Dian compared China’s stock market to newborn, all new things will always have various problems when they start, but there will be constant corrective things. This is normal. \”The early China stock market is indeed like a casino, but these year China’s stock market is gradually improved in the constant trial error, and it is necessary to give innovative space.\”
Oriental Harbor Chairman but Bin recently said, China’s capital market will usher in the best era of 30 years. In the short term, A shares will not fall, and long-term perspective is a long cow, 3,300 point probability is the historical bottom, and the long cow should go to 4000 points or 5000 points.
However, the trumpet of money pointed out that the development of rational markets requires mature investors, and the agency investor pays more attention to value investment, and is the main body of market investment. Contrary to the developed market, my country’s retail investors trading accounts for the main body, and due to lack of necessary expertise, necessary hairy tools and necessary information, retail investors often face greater risks.
\”Make professional things to professional people, ordinaryEarnings are not easy, either retail their own investment, or select reliable investment management agencies to help care.\”The money of money said that in the next decade, fifteen years, the rational market will make mature and professional investors continue to bring the asset benefits from China’s stock markets, so that wealth achieves diet growth.
(At the request of the interviewee, the money mentioned in the article, the Li Zhi Dian is a pseudonym)