IPO on the stock market and the impact of interest rate cut geometry? ~ With a laundry list of
Ai Wei Zatan
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original interest rate cut this thing Address: (For more information, please refer to this address)
opening: the original, cut interest rates and interest rates on things, remember have discussed many times, but also published his main points. But since many people still cut and processing interest rate discussion, then one of the opening,cheap UGG boots, for further discussions, although this discussion may be repeated and unnecessary.
initiate a list of the main points of the individual:
1, this appears to be razor , but it is electric fans;
2, individuals will not change monetary policy, investment decisions based on any investment decision and the expected interest rate policy has nothing to do;
3, all the original is the case.
policy on interest rates and bond
specific investment because investment is not much ado here, previously published in the view inside the circle, the article on
If nothing else, the most recent past and the future may be longer or shorter period of time, indeed some may begin keen on bonds.
, of course, no accident, then, is, or that there will be experts the.
The bond bull market can last long, I do not know.
investment philosophy for many, are talking about something that every investment behavior observed in some of the things that may actually be very simple , should be every investor is easy to understand and execute.
so, take the future bonds, the same is true.
I do not how to judge the future price of a bond, which is completely know, I do not know what will happen the next interest rate policy is to continue to cut interest rates sharply, or long-term maintenance of low interest rates, if you try to predict, that may be the mistakes began. so completely ignore them.
The so-called stress ;, and
for the bonds, how do you do?
I said before, I have no knowledge of how to the future.
but when the end of 2007, indeed there have been no effort once you know the investment bond worth period. I can do is so that when the obvious underestimation of investment.
now? future well beyond the scope of my abilities. I certainly believe that a person can go to predict, and may be able to rely on this forecast to make money, but is not the scope of my abilities. For example, if someone can accurately predict future interest rates will continue to decline, and low interest rates will continue for a long time, now is the bond may have investment value. But I myself can not afford to guess this, and So there is no way to make money by this, these speculations may be right, it could be wrong, I do not like risk or to the future body count on luck.
Thus, for the individual, is the logical decision-making ~ do not say.
interest rate and the insurance industry
the obvious thing of course.
I think it is relatively simple and plain logic. But the market is often not think so, of course, the market often judge will make a very bizarre.
we all know is that the insurance assets, of which a large part of the investment so varieties of bond types.
rate hike cycle, these yields will naturally increase, and increase interest rate cycle is usually a good description of the economy and capital market performance is also very good, so the average income level of insurance assets are naturally good, such as 2007,UGGs, when about 10% yield.
rate cut cycle, then bond yield will naturally decrease, and they generally accompanied by a bear market, his relatively poor level of return will be.
question is not here.
but rather, this cycle will always be inevitable and objective reality.
from the most simple logic point of view, it is smooth and long-term value, of course the value of these factors.
such as the rate hike cycle, his income level rises rapidly, the book profit and more naturally. just compare Ironically, in this period, the market price-earnings ratio will be used to amplify these benefits, it seems that people feel that this level of return is the ability to have continuity. is clearly inconsistent with common sense, has maintained that if the level of income,UGG shoes, estimated at 10 years after The market value of the world are concentrated in these insurance companies inside, we do not work out no one.
, for example, from a historical point of view, the level of income in general insurance assets should be around 4% -6%, it if it reaches 10%, it clearly can not continue. Of course, if the long-term below this level, it is not normal.
all the original it is, I think we simply do not have to predict what the future, I do not have the ability to predict , once you have some simple laws of logic and the development of things, then everything is happening, the child may be such a thing.
cut interest rates / interest rates and financial costs
cut, and then calculated for the listed companies can financial cost savings, this seemingly obvious, and may always be people who think that these calculations are meaningful.
Oh, in reality?
at least I own no interest in this, I do not even to consider cutting interest rates / interest rates impact on the financial costs.
I only care about the stability of the structure of assets, which cut interest rates and interest rates is irrelevant.
long-term profitability of a business, only with its excellent the degree, of course, the profitability of each financial year and the market environment is also related to this I can not afford to predict.
everyone says will be poor next year, how do I know how bad next year.
all the original is the case, if bad, it always be those who think of ways to improve, if good, the market they will mediate the long-term is the case, no matter how kind the middle.
to calculate exactly, will not have to count. see it considered clear enough, in fact, the practice may be confused.
interest rates and the banking industry, especially as in China's financial system, the interest rate differential is the main source of profit for banks.
when interest rates rise, banks the natural level of profits soared, interest rates will reduce the bank when the nature of Natural faster than the current lower interest rates.
up the call rate will fall to zero, or negative, no problem ah.
but the decline in interest rates, say, the probability of dying manufacturing sector will reduce the number of banks will reduce potential bad loans.
but these are not the focus.
focus of these changes is so present, that is, the existence of common sense.
example, the banking industry's overall profits, return on net assets 20% at every turn, and that this can continue? Of course not, the money went to bank failure to the community, and we do not have to work in factories, are opening bank good.
bad, this is the problem cause and effect bad debts in the know when it? is usually the best time of economic and living well, but people see the economic bad times. there is exists, is not whether we have seen.
The cause and effect as the same bull and bear markets, bear market, retail investors lose money? That may be because too much bad in front of all the higher price of the stock. the other way round, if the stock market has been in 1000, it is estimated that the number of retail loss no , and we can get both get bonus've had a good estimate.
investment Why can relaxed? If this policy every day to go between that policy, calculation of these effects every day, of course hard work. But if think this is fun it also does not matter. But my pleasure in some other process, not considered these things every day.
. investment in this thing ~ it hard? it is easy?
original Address:
Why difficult? will be very easy to do and why?
Replies which is probably the best people are reluctant to admit that this investment is very easy to do, and if it is easy, do you lose money, it is estimated that psychologically uncomfortable, there is certainly not an expert like the accent, or they may feel lost the meaning of existence.
Take the interest rate front, it is very complicated? or easy? all the original is the case.
or may be more appropriate to say some of the investment is simple but not easy .
. madman investors ~
Original Address: (Special thanks to Circle of Friends of Mountain A summary order)
hh hh
Wang Yue: investment is not life and death events,bailey UGG boots, but it is beyond life and death, the most important thing. Why, whether professional or small investors believe that asset management is simple. there is no sensible man would enter the cockpit of a plane and try to drive it, and no one will enter an operating room and open the patient the abdominal cavity. But they put their retirement asset management as a trifling matter.
Ai Wei: Because many people regard as waste of money.
. IPO ~
why so many people oppose IPO now? I think there may be hope for you is this, like the stock market fell 800 points after the IPO may be more appropriate.
If you do not think so, it's probably a bit strange.
However, there seems to be some of the points, the stock market downturn it is recommended not to IPO, and seems to be no recognition. It seems big shareholders in China, it is also difficult, in order to sell things cheaper for you, there are people with him anxious. is to wait until 6000 or later IPO was. big wrong? like the same logic, 2000, point not to sell, be sure to let you sell just 4,000 points, 6,000 points is good to sell it. unusual in this market buyers are always generous, and I shame on their own have to start small. is indeed a spectacle, the buyer than the seller is also eager to raise prices.
This reminds me of China Petroleum, to a dollar in the A-share market issue? That is absolutely impossible, A shares how investors can tolerate such a cheap price it to sell something to them, 16 not enough for it cheaper, if it not cheaper to sell loss of face, money is a small thing, do face big losses Money is very honored and happy things.
above is purely personal opinion, do not as an investment basis.
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