USA today has an interesting article regarding Chinese investors (speculator more precise) learning a tough lesson in the domestic stock market. The article used two example to explain:
(Picture source: USAtoday.com)
In October (2007), Wang, 45, invested $2,800 in a Beijing real estate firm, chosen, Wang explains, “because it’s called an ‘Olympic stock,’ and ought to do well.”
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But now Wang’s beginner’s portfolio is down almost $1,000, over three times her previous monthly salary.
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Example 2 (quote from the article) again:
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