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A real experience of counterattack by stock trading

time：2023-03-24 01:28:43 source：clevelanddrifters.com author：Trend

A real experience of counterattack by stock trading

Can stocks make money? can! Lao Chen used his real experience to show this statement. The A-share bull market in 2007 was in full swing, showing one magical legend after another. On October 16, the highest point of the Shanghai Composite Index was 6124 points, and the highest share price of Kweichow Moutai (stock code: 600519) was 83.18 yuan. On the same day, Xiao Chen, who was an accountant in a state-owned enterprise (he was in his early 30s at that time, everyone still called him Xiao Chen), spent his entire wealth to buy 600 shares of Kweichow Moutai at a transaction price of 82.99 yuan. Then, the stock market fell and adjusted for more than a month. By the close of trading on November 28, the Shanghai index was at 5443, down 681 points, while the share price of Kweichow Moutai rose instead of falling, hitting a new high of 114 yuan. At that time, Xiao Chen. The floating profit is 37.4%, and the net profit is 18,606 yuan. For Xiao Chen, whose monthly salary is less than 2,000 yuan, it is a lot of income. At that time, Xiao Chen believed that the stock market had a normal correction, and his stock was a blue-chip white horse stock, and he did not sell it. Everyone knows what will happen next. In 2008, the global financial crisis hit the world, and the stock market continued to vent. On October 28, 2008, a year and a half later, the lowest point of the Shanghai Stock Exchange Index fell to 1664 points. On the day of the beginning of winter in 2008, that is, on November 7, the lowest price of Moutai in Kweichow even fell to 5.08 yuan, which is suspected of life. During the falling year, Xiao Chen increased his positions twice, once when the stock price fell by 20 yuan, and once when the stock price fell by 10 yuan. Xiao Chen that year completely collapsed. Anyone who knows Xiao Chen knows that he is an honest man with a careful budget. His parents are peasants who face the loess and turn their backs to the sky. Although he entered a state-owned enterprise after graduating from college, the benefits are not very good. How can he buy stocks if he never does it? It was only later that he found out that his handsome and handsome wife who sold insurance had eloped with the old king next door, who made a fortune in stocks and often drank Moutai. Xiao Chen is not angry - others can make a fortune by investing in stocks, why can't I? Therefore, the "road of no return" began to be piqued and speculated in stocks. We all know what will happen in the future - in response to the financial crisis, the country has introduced a four trillion economic stimulus plan, and the stock market has also turned bright. Xiao Chen has a stubborn temper and is not discouraged. He saves some wages and bonuses and puts them into the stock market immediately. If he doesn't buy anything else, he buys Kweichow Moutai with the stock code of 600519, and only buys and does not sell. In the eight years since then, Moutai’s share price has risen slowly, at 8 yuan, 15 yuan, 28 yuan, 37 yuan, 46 yuan, 58 yuan, 69 yuan, 74 yuan and 95 yuan. In 2016, before the share price of Kweichow Moutai hit 200 yuan, he held a total of 10,000 shares of Kweichow Moutai, and the cost of holding the shares was less than 100 yuan. On the last trading day of the Ching Ming Festival in 2020, the closing price of Moutai in Kweichow was 1139.79 yuan. Although it fell by more than 100 yuan from the highest price of 1241.61 yuan, Xiao Chen, who is already an old Chen, did not intend to sell it. Lao Chen said that the dividends of Kweichow Moutai are also quite a year, which is enough to spend. Kweichow Moutai’s dividend plan last year was: 10 distributions of 145.39 yuan (tax included). Lao Chen, who holds 10,000 shares, pays nearly 150,000 annual dividends. When asked when he would remarry, Lao Chen smiled and didn't answer. It is reported that the 26-year-old account manager at the front desk of the securities company, with a straight chest and a face that resembles Liu Yifei, has been in close contact with Lao Chen recently. This is true. "Holding the hand of the son and the son grow old together", good stocks must be held for a long time to get rich rewards. If you, like Lao Chen, hold the blue-chip white horse stocks like a lover for thirteen years like a day, then things like Lao Chen's counterattack will also happen to you.

(Responsible editor：Stock market)

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