Sunday, February 20, 2011

Only the surface of scenery did not really coming full

 Investors over
2010   Cho notes coming to the end, for investors impressive returns in 2010, especially May 27 Hang Seng Index from the 18,971 points, up to the November 8 24 988 points, the index increased to 31.7 %, fatigue can not be changed in the first half Hing situation. into the December Hong Kong stocks divergence with U.S. stocks, the Dow continued to new highs, but the Hang Seng Index was down in 2011, how well? still have no idea.
U.S. stocks last week promising accounted for 58.8%, 20.6% accounted for the Air light, so many people Dihao is rare after 2007. P 500 dividend yield is only 2 PCT (long-term average dividend yield over the past 4.35 PCT) on the grounds that the 10-year bonds only 3.4 PCT. that is, low interest rates make the U.S. stock market, the global price of gold into the high stage, there is reason to lower interest rates the Fed continue to create new credit, following the later push QE QE2. According to the Japanese experience over the past 20 years, increasing the credit (or even increase the money) can not bring real economic prosperity.
remain economically prosperous region today, including China, India, Australia and South America, followed by a small area of Africa, throughout North America, Japan, Europe and most of Africa is mired in recession. China and India to be prosperous because economic development is still late start, the current export of raw materials led the country in economic prosperity can Dihao .2011 industry:
First, the coal mining industry;
II, mentioned steel and other metal industries; < br> Third, the environmental industry;
four, the tourist industry and the consumer goods industry;
five, investment banking, financial advisory and asset management industry.
Instead oil prices may have peaked, although there is still force the price of gold rose However, the limited increases in property prices as determined in individual districts. There is no January effect? December Dow up 5% (annual increase of 11%), S & P in December increased by 7% (annual increase of 13%), 1 month Can stocks rise?
expected interest rate plus two or more mainland
holiday period, the interest rate of RMB 0.25 PCT announced that, further strengthening the dollar exchange rate. copper, oil prices fall slightly, A shares are not influence is still rising. RMB in 2011 estimated there are still opportunities to raise interest rates two or more (the current deposit interest rate is only 2.75, and the relative CPI rose by 5.1% in November, failed to attract capital back into the banking system).
2011 increase in U.S. CPI outlook may be caused by the increase of 1% in 2010 to 2%, the number of long-term debt interest rates up again (but not a big L), the unemployment rate to improve the number of (but not significant downturn). property prices continue to hit new lows. awash with liquidity situation in the speculative bubble after another, including commodity futures, stock market conditions in major emerging markets with the close of 2010, that some people have, some people worry about loss of .2011 is the United States on most Muni crisis, many state and municipal finance situation is not better than Greece.
November this year, the Fed began to launch QE2, on behalf of the next 6 months the Federal Reserve bought $ 600,000,000,000 in assets section to support the bond market, but 10-year bond rate has dropped from 11 last year 4 January rose to 2.49 PCT is currently 3.4 per cent. from the October 2007 financial crisis until November 2010 (December figures are not published), total holdings of 636 billion U.S. dollars investors bonds, once investors withdraw from the bond market part of the funds to invest in stocks (with bond king Bill Gross's bond funds also did .2011 Link points in the bond market the Air?), Faber estimate: U.S. 10-year bonds next year, the Air 5 per cent interest. Meredith Whitney last weekend in the U.S. Payroll will be no money, the situation Dila are a few problems, whether there is still money to return to the U.S. stock market by the bond market?
the United States followed the steps at the direction of economic loss
as the United States since 2000, starting in 1990 In 2003 Japan has lost its way to 2007's economic boom and the depreciation of the dollar from a low interest rate In 2009 the so-called economic recovery has come from QE1 and QE2, 2011 the first half of the U.S. economy is still QE2 security, but in the second half and How? 2011, food prices must rise further, the lower class of inflationary pressures felt great. the United States since 2000, the direction of the economy can not continue long?
comparison of China's economy clearly .1978 to 2007 the manufacturing boom, from 2009 into the 10 to 15 years to be driven economy. middle-class population in large numbers, China will further urbanization, thus pushing up property prices in major cities, demand for services rose, for example, to go abroad (or to Hong Kong, Taiwan) since 2011, tourists increased by 20% annually over the last 5 years increased by 15% per year, brand-name goods, demand for durable goods rose an estimated 2011 per capita income of $ 4,300, $ 5,000 in 2011, into South Korea's economic situation similar to 90 (but 27 times China's population is South Korea, a lot of opportunities in this regard).
2009 assuming the stock market rose after the financial crisis, the economy is still a full recovery .2010 rise in the stock market is the assumption that economic recovery substantial growth in net profit for the enterprise and speculation on what is .2011 wooden sheep. According to Keynesian theory: market failure of the economy into recession, the Government must be vigorously intervention at this time (for example, the United States since 1933). According to Beverly China Theory: tight monetary policy caused the recession is the reason, each time a negative GDP growth in the face of pressure should ease monetary supply. as long as the United States continues to go on quantitative easing, the problem can be resolved eventually. The current United States is the adoption of the Buddha Riding out the theory, neither the EU adopted, that China has vigorously pursued the same time relaxing the monetary policy and infrastructure. In the end what method is most effective? is another wooden sheep.
see food prices rise in the long term is still
2010 years more than 800 million Americans unemployed, a .2011 still can not find new work during the year in the United States still has to face the unemployment rate above 9%, 22% mortgage and families face the threat of negative equity of about 6.3 million vacant housing .2010 deficit in trade with China $ 270,000,000,000 and the government budget deficit 150 billion U.S. dollars a month. optimistic about the stock market before Christmas accounted for 58.8%, accounted for 20.6% of the Air light. dry cargo index (BDIY) has dropped to 1830 points before the holiday, very close to the July 2010 low point, on behalf of Wuduodihao trade in 2011.
2010 price increase of 63% of corn, wheat increased by 84%, 55% increase in sugar, soybeans rose 24%, vegetables increased by 21%, mainly due to bad weather with production costs (such as fertilizer). Over the past 10 years, food prices in China rose by 5.2% per annum, whereas the average annual daily necessities, clothing fell by 1.5%. a greater decrease in light industry, through investment in new equipment and increase the productivity of industries able to cope products decline in value, but with the growing Chinese middle class, increased demand for food (such as animal feed grains required that further push food prices). in the long-term perspective, food prices are still bullish.
Christmas gifts. today sent everyone's motto is:
a search of the shares to track the formation of increased investment, to understand one incessantly in truth, be a momentum trader.
Second, the industry's growth brings opportunities for business growth, Therefore, finding a pair of second-line stocks to focus on growth stocks rather than the big blue chip body.
Third, the value approach is not useless, the problem is when the whole stock market index is too high, you have to find worthy investments eye Share? only bear market or bull market will start to do when the value of the investment law to be useful.
four, you do not qualify as an analyst of the market. As long as investors understand the way such as more than make In buying and yellow (013); sometimes the profit to buy better behind the rebound in shares of Bo, for example, in early 2010 to buy PCCW (008) .2011 years is more difficult to make investment decisions on the year, has a bearing on the Hang Seng Index November 2008 up to November 2010, the increase reached 130%. the price of gold also was wearing a $ 1,400 one ounce of rose. rebounded early 2009, for example, a large blue-chip investment should be based, to the second year of recovery in 2010 In second-line stocks dominated .2011 Zeyi How?
never easy to choose, for example, where a child Readings schools, youth choose which one to do his own lover, in which industry (men afraid of the wrong, Lang afraid of marrying the wrong woman). adding more every day investment of the line as stock selection, choice of foreign exchange, when the sale of property, gold and headaches .40 years writing career can be a long or a short time. the long-term support by the readers able in the living in Hong Kong is a blessing, if the person lacks the capacity to be reaching out their feelings even more commendable. elder care about the world at the same time, I love my daughter while the child care world. Unfortunately, the limited personal ability to do even more limited, we rely on team work to complete this charity. leave with you today is not just writing in 2011 to further reduce it.
What is saying the word does not succeed. As for the How many? tell you a number ︰ 90% in recent years, entrepreneurs have been eliminated in 5 years. One way is to invest the rest, which was so passionate about 1990 people buy homes, buy shares, since 2000, the reasons to buy gold. With the financial crisis occurred in 2007, interest rates fell sharply to 0.25 per cent. Today, the Hong Kong property prices, the price of gold in such a high level, the fear in 2011 to make a fortune by investing would not be easy.
the future rather than just pretend rich really rich. For example, Mercedes Benz or BMW to buy aircraft, with brand-name handbags and wearing a brand of clothing, get free degrees off, pretend to be rich, in fact, did not experience the wealth brought about by freedom. The tragedy of the younger generation of today.
investment Ten Success:
one, the trend is your friend, the rising trend is your best friend. Once the rise is completed, even best friends have to break up.
Second, everyone should hardworking but not reckless ; it is necessary to bow to pull a cart, but also to look away from road.
Third, the bull market has dropped shares of stock bear market has increased.
four, not emotion, should be rational analysis.
Five, Keep it Simple not to complicate matters.
six, do your homework before investing. If not done its homework in advance is the most dangerous behavior.
seven investment projects you know, do not invest in things they do not understand.
eight, people always want to live. Failure is the mother of success, may be the next step after the success of failure. so not proud of the success, failure is not discouraged.
nine, are handled separately for each investment project.
ten, away from the masses, do not live in the cheers of the masses.
return on your investment research from prior work, after the so-called experts in the discipline not to listen to the words.
investment market in Hong Kong today has too many expert, so often have a industry shares of non-thermal explosion.
no net profit growth of companies like to support the children grow up, just a waste of effort. Investment is like raising children, not the more the better, good enough for the sun of a number of children.
Do not invest in net profit decline of the industry, unless you are sure is due to cyclical downturn.
more foreign investment in addition to the intellectual courage.
investors should like mercenaries fighting for money and always stand on the side.
abandon the weak stock.
analysis focused on the basis of the time, when the use of trend trading.
understand the market psychology is often more important than the understanding of the economy.
when stock prices to be patient, it should come quickly once the loss action.
95% fund managers are expected to return next year will be A shares (really funny ... ...) Important: guard against false information about Christmas gifts winning big run, everyone has! 95% of fund managers next year will be A shares positive return (really funny ... ...) 

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