From2006,theindexofShanghaistockmarketrocketedfrom2600to6000,andthestockpriceofmanycompaniesincreasedseveral-fold,andevendozens-fold.
ThishasattractedthousandsofChinesetorushintostockmarketoneafteranother.
Somerelativesandfriendsofmyfamilyhavefollowedthesuitaswell.
Whysomanypeopleswarmedintostockmarket?
Firstly,thebenefithashugepower:ifyoubuyatthepriceof5ashareandsellat8twomonthslater,whatabigmoney!
Secondly,peopleareextraordinarilyconfidentandoptimisticaboutChineseeconomy,soaretheyaboutthestockmarket,animportantshowcaseofeconomicdevelopment.
Thirdly,peopleknowmoreaboutinvestmentandtheywanttoputtheirknowledgeintopracticeandtrytheirfortune.
Withthestockhot,manypeoplewithdrawmoneyfromtheirbankaccountsandinvestinthestockmarket,neglectingtheirstudy,jobsandevenfamilylife.
However,bubblesappearinsomeindustries,whichmakequitealotofpeoplegobankrupt.
Therefore,it’sreallyurgenttocultivatearationalviewaboutinvestmentinthestockmarket.