How to be a millionaire?
2007-08-07 22:29:02
In nowdays because the competivity of the products is becoming more and more intensely or fierce,and if you look closly you can find that capital become everywhere like the real estate,stock market,bond market and so on.
So far as I know,there are there best markets in the world.they are commodity market ,capital market ,and the human resource market separately.Now Let's talk about the commodity market,it now have been common sense that nearly every products is besicly a little or too much over-supply.Even no so,If you look deep you can find in china market the bank capital is playing an important role in the development of the industrial product? Why to say so? Judging from all the listed companies and unlisted company in the chemica firber companies ,we can see that the three largest asset is the land ,the equipment and the cash.In the financial sheet,the assets are usually big numbers.So far as we know nearly every boss keep relationship with the bank.so we need to see that in fact the banks control the industrial market and the high-profit time have come to an end in the indusrial market . Just because there are too many producers and technology is no longer a difficuty to a boss,as the higher salary can attract the core person who hold the "secrets".So in fact the industrial market is largely decided by the capital market? And you will know why so many entrepreneurs devoted themselves to the capital market.Like Mr Guchujun.Cos the profit of industry is too smaller compared to the capital market and much slower too.
In the capital market ,we have to come to realise that the institutional money will come to rob the individuals of their market share and profit.In china the situation is a little abnormal just because the institunal capital is unmature the the individual is a little unreasonable .People do not care about how much the stock really worth and most of them nearly know nothing of financail analysing .I think there is no need for me to decribe the disadvantage of individual investment.So if you want to invest in the stock the best way is to choose a good funds manager and a good research team .The time of value investment is a little far through coming closer.For the most of the 80's,to become millionaire in stock market is impossible.
To be continued......
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