Who is the idiot drawing China's fiscal and investment Policies?

[70U63]

Not sure what is the problem, if those shares are overprice, there will be time when everything will be readjusted to normal level.
Also, it is good policy to arrest person who spreading rumors.
For person without knowledge of share trading and didn't do their research, they do it at their own risk.

 

[AndrewJin]

@AndrewJin

Any comments on the Chinese stock market rout?

The issue isn't about Pension Funds going into stock market, there is nothing wrong with that. It is about the lack of diversity of Pension Funds, lack of market involvement. The governments are underwriting performance of fund managers with public revenue, that's the issue.
@Shotgunner51

 

[Bussard Ramjet]

The issue isn't about Pension Funds going into stock market, there is nothing wrong with that. It is about the lack of diversity of Pension Funds, lack of market involvement. The governments are underwriting performance of fund managers with public revenue, that's the issue.
@Shotgunner51

That is what I meant.

Some bureacrats without market mechanism, and looking for profits, are putting upto 30% of the country's savings simply to shore up stock markets, which was created a mess out of their own policies.

 

[thesolar65]

The same is happening in India BTW.

Am worried, have got 14 lakhs in EPF!!

 

[Guynextdoor2]

Am worried, have got 14 lakhs in EPF!!

make sure you're tracking this stuff.....

 

[Shotgunner51]

The issue isn't about Pension Funds going into stock market, there is nothing wrong with that. It is about the lack of diversity of Pension Funds, lack of market involvement. The governments are underwriting performance of fund managers with public revenue, that's the issue.
@Shotgunner51

Well said bro! You are right, the stock market isn't an issue, actually blue chip stocks are always goods long term investment. The private sector should be involved in the market, providing more varieties to cater for diversifying needs (age, individual debt/equity, number of dependents, risk preference, etc) of people.

About the stock market, like I always says, there are a lot more reforms to complete.

 

[thesolar65]

make sure you're tracking this stuff.....

And that's is my own money. I mean I deduct my share as director salary and company pays its share (I am the owner of my company). I am happy with 8.75% If the Govt. wants to pay less also, I am OK, but not put it in market.

 

[Guynextdoor2]

And that's is my own money. I mean I deduct my share as director salary and company pays its share (I am the owner of my company). I am happy with 8.75% If the Govt. wants to pay less also, I am OK, but not put it in market.

When you are more senior, the lesser the risk makes sense. Therefore not keeping anything in the stock market makes sense.

 

[thesolar65]

When you are more senior, the lesser the risk makes sense. Therefore not keeping anything in the stock market makes sense.

No nothing in stock. A little bit in MFs and that too SIPs. Money put in running business (like hotel, flats on rents) land bank and a running college. Have got sufficient liquid in store and coming. But satisfied with what is coming. Never became greedy.

And yes as you become older, one goes for safe mode. But I am averse to risk from my younger days. That's why I did not hit big in business, but my feet are quite entrenched compared to my wealthy friends!!

 

[Guynextdoor2]

No nothing in stock. A little bit in MFs and that too SIPs. Money put in running business (like hotel, flats on rents) land bank and a running college. Have got sufficient liquid in store and coming. But satisfied what is coming. Never became greedy.

And yes as you become older, one goes for safe mode. But I am averse to risk from my younger days. That's why I did not hit big in business, but my feet are quite entrenched compared to my wealthy friends!!

Good consistent returns are always the best. I agree gambling is just not worth it.

Indians calling Chinese policy makers idiots？

FYI ideas from these policy making idiots worked so far for more than 30 years. what about their indian counterparts？

You sound desperate？

Pls take care of your own bloody mess first。

Or if you prefer，call it ”hitting where it hurts your enemy the most“

The US started it all back in 2007，and it is now China's turn。

When China sneezes，the world trembles。

A wise man points to the moon and the fool looks at the tip of his finger.....
-Old Chinese Proverb

 

[CHN Bamboo]

I don't know,maybe the political opponents of Xi?
Really stupid.I felt despair when I saw the drop range today....

 

[powastick]

Wow, some people cower in fear over risk. Lets not venture out of the cave.

 

[seven7seven]

Spoken like a true pathetic nutjob.

With no capability to engage in intellectual, objective discourse.

Well I'm not the one who is resorting to name calling, as their first response. So where is the intellectual discourse you are preaching about?

You Sir, have no desire to engage in intellectual discourse whatsoever. You're just butthurt that I correctly pointed out how insignificant India is, compared to China.