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chenmon_1983

I and Dad had quarreled about stock tonight............. :arhhg:
My mother is a teacher and Dad is a worker,and I'm still in study,that means though my family can't be called "poor" , it can't be called "rich" either.
My Dad falled in love with stock and he invest nearly 180000 yuan(about 22000 dollars, 1 dollars = 7.96 yuan ) in stock market.
I think it's carzy that the stock is full of risk.The price will arise quickly,and it will fall down quickly too!!!!
If I make some count of money,I would rather depoist them,at least this way is more safe
So ,I sold some of the stock he held(maybe half of it ),when he knowed that tonight.....he yelled at me,scolded me.
Oh,I hate stock

perdidochas · Joined: 06 Mar 2006 Posts: 14984 Location: Florida

chenmon_1983 wrote: I and Dad had quarreled about stock tonight............. :arhhg:
My mother is a teacher and Dad is a worker,and I'm still in study,that means though my family can't be called "poor" , it can't be called "rich" either.
My Dad falled in love with stock and he invest nearly 180000 yuan(about 22000 dollars, 1 dollars = 7.96 yuan ) in stock market.
I think it's carzy that the stock is full of risk.The price will arise quickly,and it will fall down quickly too!!!!
If I make some count of money,I would rather depoist them,at least this way is more safe
So ,I sold some of the stock he held(maybe half of it ),when he knowed that tonight.....he yelled at me,scolded me.
Oh,I hate stock

In America, stocks do better (over the long term) than almost any other investment.

chenmon_1983

perdidochas wrote: chenmon_1983 wrote: I and Dad had quarreled about stock tonight............. :arhhg:
My mother is a teacher and Dad is a worker,and I'm still in study,that means though my family can't be called "poor" , it can't be called "rich" either.
My Dad falled in love with stock and he invest nearly 180000 yuan(about 22000 dollars, 1 dollars = 7.96 yuan ) in stock market.
I think it's carzy that the stock is full of risk.The price will arise quickly,and it will fall down quickly too!!!!
If I make some count of money,I would rather depoist them,at least this way is more safe
So ,I sold some of the stock he held(maybe half of it ),when he knowed that tonight.....he yelled at me,scolded me.
Oh,I hate stock

In America, stocks do better (over the long term) than almost any other investment.

Yeah,China's stock market is still developing,the rule is not so complete.

In America,do people wish put the money into bank or stock market????

Roy L · Joined: 17 Nov 2005 Posts: 1819

chenmon_1983 wrote:
My Dad falled in love with stock and he invest nearly 180000 yuan(about 22000 dollars, 1 dollars = 7.96 yuan ) in stock market.

So ,I sold some of the stock he held(maybe half of it ),when he knowed that tonight.....he yelled at me,scolded me.

You shouldn't have done that, dude. It wasn't your stock.

anselfir · Joined: 16 Apr 2005 Posts: 22901 Location: ZzZzZzZz

oh boy..

chenmon_1983

Roy L wrote: chenmon_1983 wrote:
My Dad falled in love with stock and he invest nearly 180000 yuan(about 22000 dollars, 1 dollars = 7.96 yuan ) in stock market.

So ,I sold some of the stock he held(maybe half of it ),when he knowed that tonight.....he yelled at me,scolded me.

You shouldn't have done that, dude. It wasn't your stock.

Oh.....I know that.That's why he yelled at me :gdgf:

perdidochas · Joined: 06 Mar 2006 Posts: 14984 Location: Florida

chenmon_1983 wrote: perdidochas wrote: chenmon_1983 wrote: I and Dad had quarreled about stock tonight............. :arhhg:
My mother is a teacher and Dad is a worker,and I'm still in study,that means though my family can't be called "poor" , it can't be called "rich" either.
My Dad falled in love with stock and he invest nearly 180000 yuan(about 22000 dollars, 1 dollars = 7.96 yuan ) in stock market.
I think it's carzy that the stock is full of risk.The price will arise quickly,and it will fall down quickly too!!!!
If I make some count of money,I would rather depoist them,at least this way is more safe
So ,I sold some of the stock he held(maybe half of it ),when he knowed that tonight.....he yelled at me,scolded me.
Oh,I hate stock

In America, stocks do better (over the long term) than almost any other investment.

Yeah,China's stock market is still developing,the rule is not so complete.

In America,do people wish put the money into bank or stock market????

Both. In America, they recommend a mix of investments. Too much in one area is risky.

Reform

chenmon_1983 wrote: Roy L wrote: chenmon_1983 wrote:
My Dad falled in love with stock and he invest nearly 180000 yuan(about 22000 dollars, 1 dollars = 7.96 yuan ) in stock market.

So ,I sold some of the stock he held(maybe half of it ),when he knowed that tonight.....he yelled at me,scolded me.

You shouldn't have done that, dude. It wasn't your stock.

Oh.....I know that.That's why he yelled at me :gdgf:

You made the right decision, stock is down.... commodities (gold, silver, copper) are up.... Stock is currently at risk.

about half a year back i was telling people gold was going up and over the next few months it gained about 20%. Silver gained even more...

Haven't looked at the situation recently, but maybe it's worth looking into.

Colin Behr · Joined: 15 Apr 2006 Posts: 30

I'm not sure. I think stocks in China could still do well (if export stocks), but that really does depend on the world economic conditions (which may be worsening in the US, but better in the EU).

I would only invest in Chinese shares of companies which export products to the EU.

chenmon_1983 · Posted: Sat Sep 09, 2006 4:19 am Post subject:

Colin Behr wrote: I'm not sure. I think stocks in China could still do well (if export stocks), but that really does depend on the world economic conditions (which may be worsening in the US, but better in the EU).

I would only invest in Chinese shares of companies which export products to the EU.

Are you a business man??