Stock and property markets
high macroeconomic growth slowing, the financial crisis remains to be seen in Vietnam, both internal and external financial markets make this year the domestic cold bursts. Warren Buffett said: > once hot stock and property markets this year, both enter the shock of adjustment, the hold-up of countless people, but also for many investors to understand one truth: Money .
stock bear market, attention to the net and break breaking stock
just three months ago,
tory burch shoes, the real net assets, cash flow per share, return on assets of these classic indicators ... ... A-share market at the time, almost all do not apply, and could not find any companies that meet value investing criteria. Now, the A shares fell below 3000 points, eight times the dynamic price-earnings ratio is only seventeen, literally in a
we all know, Graham, Buffett and others like Look for the stock and once within the margin of safety, even if still in a bear market, but also to buy more or more. Overvalued the stock bull market in general, they are often eager to sell stocks, or doing nothing. Therefore, the bear market is a value investor's paradise, this is without a doubt.
area of value investing approaches, was frightened of what investors should be concerned about it?
management article published in vPro line | / darticle3/list. asp? id = 97274 | 8
have a share below the issue price, in the present Ruoshi, when the news broke really does not, it may mean that the value of investment opportunities closer the. It is worth noting, has
addition, the The so-called In the sharp property market shares The City
concerned about the When the market fell sharply, should be more market environment and overall atmosphere of wait and see, you can pay more attention to these net assets have fallen below the stock, once the market improves, these stocks rebound space is relatively large.
gold investment, no need for large-scale purchase of gold hedging,
once again been proved in Vietnam. Recently, the Vietnamese financial market crisis, inflation continues to rise, the stock market and foreign exchange markets fell sharply, the trade deficit expanded. Gold as the final payment and a hedge against inflation is to buy a lot of people. Currently, many Vietnamese people are increasingly beginning to use the depreciation of VND to buy gold.
According to the World Gold Council report in May, investors in Vietnam in the first quarter showed a strong interest in gold, gold retail investment purchases in the first quarter amounted to 31.5 tons, an increase of 110%. Vietnam offered the According to the Vietnam Gold Business Association, said the number of banks to issue gold recently has been a substantial increase over the previous few years.
this scene with the 1997 Asian financial crisis are very similar, then South Korea, Thailand, who are accustomed to the small collection of gold, in the case of currency devaluation, have appeared in the gold rush to combat domestic inflation situation. Dollars, crude oil, the stock market is like a roller coaster recently, so if gold futures speculation inevitably also stained the risk, relatively speaking, to do much physical gold to stabilize, 20% have annual revenue, and can really play The role of hedge. gold good investment at less than 15% of family financial management in order to smooth the main physical gold investment, choose the entry.
more than fixed deposit receipts, bonds as an investment in the stock market continued to pet
decline, stocks and partial stock funds has become an indisputable fact that the cold case, but had been forgotten bond investors again become the darling of financial management. Many bond sales outlets buying appeared to returning to the scene.
common in financial become defensive style, the deposit rates as investors consider the financial rate of return an important reference. It is understood that the third issue of the recent 3-year bonds coupon rate of 5.74% varieties of 5-year coupon rate of species 6.34%, the corresponding year deposit rate was 5.40% and 5.85%, plus 5% bond interest exempt from income tax, compared with the same period of time deposits to purchase government bonds maturity rate of return higher than 10%.
increasingly in demand along with the bonds to bonds as an investment goal of bond funds also is negative, for the benefit of all for the positive bond funds and money funds. Analysts believe that the risks of bond funds is not the stock market crash, bear market funds is a combination of medicine in an earthquake. In addition, after several interest rates, bond rates have been attractive, negative interest rates began to ease. This year, the stock market tumbled, and the bond market rally out of the good, especially the large increases in long-term government bonds; together to fight the revenue generated by new shares and insurance, and banking institutions to configure heating demand in the long-term debt in 2008, increasing the attractiveness of bond funds.
Statistics early this year to 12 June of the relevant NAV Change, the results show that the Shanghai Composite Index plunged 43.79% context, only the subscription of new shares in net value of bond funds is not only not declined, but rose 0.92%, while the average money fund yields have reached 1.32%, should be said that these two types of fund investors to avoid the current ideal insurance tools.
States Securities analyst Yao Xiaojun that suggest that investors continue to take defensive investment strategy, strict control of stock index funds and other funds and equity funds allocation ratio, due to increase bond funds and money funds and other fixed-income investment funds.