梦溪 : 2015-03-31#18
对了，这里就有那个VFV, 这个基金才上市两年，你知道它的期限是多久吗？还有，就像梦溪说的，如果我今天买了，明天就抛了，会不会被罚款啊？
错了吧？光这个论坛上A股天天赚钱数不过来的人多了去了。我每次看到论坛股票帖子就想抽自己嘴巴：我每天读新闻查字典BLOOMBERG， BCC， BNN， GLOBE&MAIL， 怎么就碰不上一个涨停板呢？
对于普通投资者，真的可以用定投的策略，最后收益跑赢市场平均。嗨，年利率20%？那真的是睡着了都要笑醒了。我现在目前连1%都末有。
感觉你有点股神的风范啊？
2002年和2009年你是不是全仓买进了啊？
美国的股市大盘目前是历史高位，不过再过20年您回头看看，现在的股市是否还在高位。呵呵。是啊，简直就是一个大喘气，前两次大跌基本都是腰斩，需要两三年才能缓过气来。
可是，现在的大盘我怎么感觉像在高位啊？
有没有什么股票大盘跌的时候它一直在涨？
你觉得你自己买ETF甚至股票更过瘾，那是因为恰好你这次赚钱了啊。呵呵。对的，dividends 就是股份公司的额外盈余部分，发给股东的红利，一般都是在月底支付。您就偷着乐吧。嗯嗯，我买ETF或者股票的时候每一笔交易都要扣10元钱。而我买的银行的互惠基金是不用扣这10元钱的，可是几个月下来它们都不太动，而大盘一跌，它们哗就下来了。
感觉还是自己买ETF甚至股票更过瘾，不过风险也更大。前两天我买了一个什么ETF, 涨了2%我就抛了，其间还看到它给的什么0.21的分红，这又是什么意思？直接给我钱吗？
您的意思是杠杆的ETF不能买，它们都有什么标志呢？是不是脑门上都写了我是杠杆啊？
嗯嗯，我买ETF或者股票的时候每一笔交易都要扣10元钱。而我买的银行的互惠基金是不用扣这10元钱的，可是几个月下来它们都不太动，而大盘一跌，它们哗就下来了。
感觉还是自己买ETF甚至股票更过瘾，不过风险也更大。前两天我买了一个什么ETF, 涨了2%我就抛了，其间还看到它给的什么0.21的分红，这又是什么意思？直接给我钱吗？
但是拥有这个ETF有一个问题，如果以后加元长期看跌，那这个汇率会损失一部分吧？
另外，Vol是114.3K是什么意思啊？说来都不好意思，我都不知道它的盘子大小规模如何？
但是拥有这个ETF有一个问题，如果以后加元长期看跌，那这个汇率会损失一部分吧？
另外，Vol是114.3K是什么意思啊？说来都不好意思，我都不知道它的盘子大小规模如何？
你的加元都是你在加拿大赚的，我的加元、美元，都是国内换来的啊。我们在加拿大没有赚钱能力
加币都是6.5的汇率换来的，除了买房子，还剩下不少，当时被咯噔噔忽悠了（kidding），换来太多太多。你的加元都是你在加拿大赚的，我的加元、美元，都是国内换来的啊。我们在加拿大没有赚钱能力
你已经非常非常了不起了。真心话。x
哎呀，你可不知道啊，要不是我老公在国内撑着，我哪里有钱买房子啊？更没钱做股票。不瞒你说，我每个月两张paycheque, 一张给儿子用了，另一张我自己就用了，哪里存的下来钱啊？
你的加元都是你在加拿大赚的，我的加元、美元，都是国内换来的啊。我们在加拿大没有赚钱能力
https://ca.finance.yahoo.com/echarts?s=BRK-A#symbol=BRK-A;range=my呵呵，才买一股，我都要笑死了。
查不到这个BRKA的股价哦，简直要吓死人了，这么贵？
没办法西人爱赌博呀。
看空中国多年的休•亨德利(Hugh Hendry)现在改看多了。
林建建
亨德利自2009年就开始表达对中国经济放缓的担忧，甚至为此做了个视频上传到YouTube。
据英国《金融时报》，2011年，他的对冲基金获得了超过52%的收益。超额的收益率与他看空中国不无相关。不过，他当时并非直接做空中国股票，而是做空日本强周期性企业的债券，这些企业表现与中国需求密切相关。
就是这样一个“大空头”却在去年11月称，“做空中国就是挑战万能的（中国）央行”。现今看来，他似乎不乏先见之明。
这或许是为什么，在经历了令人失望的2012、2013年和差强人意的2014年之后，亨德利能再次脱颖而出，在2015年的头两个月获得了10.6%的收益。
以下是亨德利最新的致投资者信中关于中国的部分：
洋洋洒洒写了很多关于中国的，但是几乎没有提到值得看涨的地方。由于担心美元升值会使人民币被动升值（尤其是相对于欧元和日元而言），人民币即将贬值似乎已经在投资者心里扎根。实际上，做空人民币变成了等同此前做空日本国债的宏观交易。但是这些末日预言我在2010年就说过了（当时市场共识反而没有那么消极），现在的我反而不那么担忧中国了。理由如下。
首先，中国重新调整了经济增长模式。2001-2011年这十年，中国与上世纪二十年代的美国十分相似。两者都出现了生产力飙升、高资本回报、大规模固定资产形成总额和外界强烈的参与意愿带来的大繁荣。我们都知道，两者的经济应该繁荣，实际上也是如此。但是，我认为，它们的经济本该更加繁荣。
它们没有变得更繁荣是因为采用了鹰派的宏观政策。上世纪二十年代，美联储拒绝让金本位下的高能国际热钱涌入美国，刺激信贷进一步增长。中国则是歧视家庭部门（household sector）：决不允许本币升值幅度超过经济增长所能解释的范畴；工资无法全面匹配生产力的急剧上升；实际利率持续为负。加在一起，这些措施抢走了一个GDP年化增速在5%-7%的经济体中本应属于家庭的财富，持续抑制家庭收入在GDP中的占比，继而使得居民储蓄率“被”升高。没有人出来抱怨这一点，每个人都觉得过得比过去要好，但是他们其实可以做的更好。
但是，当其他国家都因为需求不足而日渐衰弱之际，这样的宏观政策变得不切实际，（中国）决策者们在过去两年中已经持续、反复地采取行动，试图改变这种局面。放松家庭收入的“刹车”被作为中国实现增长模式转变的途径提出。显然，人民币不再被认为需要贬值了，美元和人民币的升值已经带来全球范围内巨大的财富再分配，使得美国和中国家庭更加富足。现在中国的实际和名义利率都比较高，工资也更加能追赶生产力的变化。消费者支出强劲，可能单凭消费就能支撑起中国GDP实现4%的增长。为什么中国当局要让人民币贬值，从而破坏经济发展一个可靠的引擎呢？这说不通。
第二，就宏观层面而言，并非所有国家都生而平等。美国、欧洲核心国家、日本在宏观层面属于“精英级”。这些国家都有着大规模的非贸易行业，并且都可以自主决定向利率开火（从实施QE中可体现），不受本币贬值会加剧通胀的担忧的限制。中国今日之诉求正是进入这一层级。中国并非墨西哥那样的原油出口国，在经济放缓和贸易形势恶化之际还要承受加息压力，因为担心比索失控带来的后果。相反，中国似乎属于欧美日阵营，有权利决定自己的货币政策。
不过，对于人民币一直对美元升值，经济学家们总是感到焦躁不安。他们担心人民币升值会造成贸易盈余大幅下滑，打击本就脆弱的国内经济。我在11月的报告中解释过，给货币定价之难是众做周知的。但是，就质化层面而言，我认为很难证明人民币已被实质性高估。首先，中国贸易盈余已创下名义上的纪录新高。你可能会注意到，这可以部分地分解为，进口价格的下降，以及中国仍然较强的出口竞争力，其占全球出口市场份额仍在上升。国内来看，主要大城市失业率仍然较低，GDP增速尽管在放缓并且统计上存在着政治因素的影响，但似乎仍然比其他国家更加健康。
也许从贸易角度去看(人民币汇率)更加有用。贸易很好地解释了过去十八个月中，新兴市场货币之间的差异走势。原材料进口成本大降（尤其是铁矿石和原油）很大程度上改善了中国的贸易状况，人民币贸易加权汇率也相应地升值；原因可能就是这么简单。放在印度也说的通，但是印度央行通过不断购买外汇防止卢比进一步升值。相反，巴西和俄罗斯货币“自由落体式”的下跌似乎与它们恶化的贸易状况相匹配，因为它们出口的原材料价格大幅下跌，却无进口产品价格的下跌来抵消。
当然了，对于那些担忧中国经济前景的人来说，真正的问题是有管制地盯住美元的人民币汇率管理机制。在国际宏观社群看空和外资企业在华经营的对冲需求的共同打击下，人民币屡屡被打至跌停板。打到跌停限制后，中国人民银行就不得不干预：买入人民币，卖出美元。这么做当然会吸收中国的流动性，这从利率变化中也可推知。例如，尽管降息了两次和降准一次，中国的七天回购利率仍然上升了140个基点至4.8%。流动性的回收从年初至2月中旬沪指出现的10%的跌幅中也可见。这是否意味着国际宏观社群的看法就是对的呢？
没那么简单。记住，中国是“精英级”经济体中唯一一个未被零利率束缚的国家。以国际标准而论，国内利息尚高，中国还有很大的降息空间。实际上，去年11月首次加息以后推出的宽松措施已经推高了A股，一年期远期回购利率3.6%的水平显示国内投资者预期流动性收紧只是暂时的，最终会被当局化解。
七年前，我们认为金融危机可能导致通缩席卷全球，我们关于“美国首先（出现通缩），中国最后”的判断经受住了时间的检验。每个遭受通缩冲击的国家的金融市场都遭到了抛售，导致那些国家实施了十分有利于投资者的宏观政策。今天，全球的通缩化终于打击了中国经济增长的引擎，让宏观观察家变成大空头，而中国股市也一度自2007年高点下跌近75%。实际上，中国股市的风险/回报模式似乎与2009年时的美股、2012年末的日股或2014年末的欧股相似。市场似乎低估了央行削减利率的能力和以及风险资产可能会有的反应。
当然了，一个投资组合只是做多股市是不够的，这样的风险回报也是无法满足基金经理的需求的。Eclectica 也一样。尽管我们在做多中国股市，我们也通过在离岸市场支付（短期）利息对冲了许多风险。这样的组合使我们将风险分散，既接触到中国金融市场的部分独特之处，又能利用持续偏空的宏观经济形势。到目前为止，向一个名义利率偏高（按国际标准）、经济增速在放缓并且刚刚才实施了降息的国家支付利息与我们的观点是矛盾的。但是请允许我做如下解释。
有两个主要的驱动因素。第一，中国真的很不同。中国国内金融系统已经与外界隔绝了好多年，并且为政府干预所割裂；西方人是难以看懂的。看似有序的现代银行体系下隐藏着惊人的模糊的风险，并且还有着拒绝满足中小企业和家庭信贷需求的经济制度。鉴于私营部门已经如此之久地被拒于信贷大门之外，说中国有对流动性不计代价的巨大需求并不夸张。公开利率根本无法反应市场愿意支付的实际利率。
幸运的是，中国政府开放资本账户的举措为满足这些被抑制的需求创造了一条信贷通道。随着市场化的推进，将流动性输入至在岸市场也变得更加容易，巨大的在岸市场可轻易地吸收离岸市场的流动性，推高离岸市场利率。而且，中国基金经理的消极偏见和出口商为保护利润而进行的对冲，周期性地导致离岸人民币比在岸人民币更便宜，从而为投机者创造套利机会。随着离岸人民币被输入至在岸，流动性永久性地脱离国际系统，继而导致离岸利率上升，有利于我们的持仓。
把我们在中国的交易策略比作玩弹球。你会得到三个球，目标是把每个球从不同角度进洞，实现分数最大化。我们的第一个球就是通过期权做多人民币。前面我已经阐述过，人民币估值很合理。很难理性地想象，中国当局会寻求人民币贸易加权汇率贬值。实际上，若把中国极度膨胀的贸易顺差考虑在内，在美元迅速升值的情况下，我都不确定是否有必要让人民币对美元贬值了。如我们所知，国际宏观社群大规模做空的时间都很短，人民币上月也自跌停板回升，并且中国央行也停止了干预，人民币交易规模可能已经缩小了，人民币可能会回归到交易区间的中轨。
我们的第二个球是做多股市。A股自2007年的高点一度下跌75%，利空消息已经体现在股价之上，实际上市场越来越多地把对企业的破产担忧也进行了定价。然而，政策转向支持私营部门很可能已经扭转了这种灾难性的结果。并且，随着货币政策进一步宽松，市场又一次开始以企业能持续经营的看法给予它们适度的估值。尽管银行间流动性表现仍然糟糕，短期利率还在上升，但两次小幅降息后，A股上涨了35%。让我着迷的是，如果货币政策真正地宽松而信贷市场真正地回暖，市场将会怎样。国际宏观社群自2009年以来一直在犯的错误就是低估了“精英级”经济体宽松货币政策扭转危机的能力。今天的中国也可能会这么做，因而中国股市是有吸引力的。
我们的最后一个球是在离岸市场支付短期利息，即可对冲人民币下跌，又能将我们与复杂的中国资本账户开放联系在一起。中国国内借贷者对于信贷的支付意愿（当他们有机会获得时）通过更加市场化的离岸市场上更高的利率（相较于在岸市场）可以体现。进一步的利率市场化可能会进一步推高利率，直至需求被满足。
因此，现在付息似乎是理性的。当不太可能发生的事情发生时——中国当局无法为在岸市场提供充足的流动性，导致市场环境恶化和银行间利率升高之时，这一个球将为我们的股票和人民币仓位提供很好的对冲。
在北美炒股一定要有业绩支持。 现在加拿大行情很TRICKY， 不敢再全仓。做做短线。但短线赚钱太难了。你当时买了几只低价股？这些低价股如果你当时没卖，一直持有的话，他们的价位有没有回升，你分析过没有。我觉得这样子挺好的。挺分散的。自己选股不一定比所谓专家差，因为理财专家不会站在你的立场考虑问题。 但最好买绩优股，
不要买业绩不好的垃圾股，十年前刚来加拿大，受国内时炒垃圾爆发思维影响，我买的都是低价股，结果亏了不少钱。教训很惨重。
我觉得这样子挺好的。十只也不少了，挺分散的。自己选股不一定比所谓专家差，因为理财专家不会站在你的立场考虑问题。 但最好买绩优股，
不要买业绩不好的垃圾股，十年前刚来加拿大，受国内时炒垃圾爆发思维影响，我买的都是低价股，结果亏了不少钱。教训很惨重。
从09年炒了一部分底，后来逐步建仓。到去年十月，我全部只持有一只基金：TD Canada Index. （11-12年间做了个波段），效果也不错。 最大好处是：不要整天去操心涨啊，跌啊什么的。平时心情愉快，多多享受生活。
当时本来手头拿的是第一龙头：综艺股份，结果庄家把它搞跌停被震仓出去，换成科利华，否则综艺从10块涨到60块啊，当年第一超级牛股，2001年炒股的人都记得。~. 。。中国的股票就是炒作。当年的网络大牛股什么综艺，东方明珠，上海广电等等。没有一个搞网络成功的。
当年炒股的确都是只买一股，整天都在研究抓龙头啊， 呵呵。 说难听点就是“赌”
要不是那天跌停，一定继续持有。
到加拿大后，延续国内炒股思维，结果就悲剧了，垃圾股拿在手里，亏了不少钱。 炒股不能生搬硬套过去的经验，套自己或别人的经验都有可能给自己带来悲剧。
请问交易量多少算是交易量大的？是不是看这个 Vol. 啊？比如， Vol. 60,000.00 ， 股价45元，是不是交易量是27,00,000， 这个算不算交易量大？
按照尘缘如梦的建议，我就随意挑一对股，一对etf。就是名字上带个 gold。 有没有出息就看他们自己了。 ^_^
按照我的习惯如果真买的话，非买 10 只不可。 避免只买一只就砸到了尘缘说的退市的仙股。
不过按照俺的蒙的办法可能比较痛苦，等待期间跌去 50% 完全可能。还有因为根本不知道这股票啥利润啊，资产负债啊等情况，成为几分钱退市也可能啊 。
Goldcorp Inc. 24.21
Argonaut Gold Inc. 2.05
BMO Junior Gold Index ETF 6.10
Horizons BetaPro COMEX Gold Bullion Bull Plus ETF 8.95
方法： 任何时候只要涨幅达一倍就卖出，五年后无论什么情况都清仓卖出。当然现实中可以继续持有，不过咱就看五年了。
希望大伙以后还能一起看看这帖子呢。
Opinion: Forget about Wall Street: Shanghai is now the market to watch
By Matthew Lynn
Published: Apr 22, 2015 3:30 a.m. ET
Chinese investors, brokers and banks will dominate global finance
shanghai_042215
Get up. Take shower. Brush teeth. Feed the cat or the dog. Check what the Shanghai market has been doing overnight.
For anyone in Europe who takes the markets seriously , that is now the regular morning routine. It is very much as it has always been, except with one big difference. Whereas once the standard reflex would have been to look at what had happened on Wall Street overnight, with perhaps a sideways glance at Tokyo, now it is Shanghai that investors look to.
What happens in China is now what dominates what happens in the rest of the world.
In the last few months, the Chinese equity indices have been roaring ahead. That is going to be the trigger for a big change. For at least 100 years, Wall Street has been the dominant global financial market, and it was from the Dow DJIA, +0.49% and the S&P 500 SPX, +0.51% that all the other bourses around the world took their lead.
From now onwards, that is likely to be Shanghai. Wall Street is about to be relegated into second place — and that is going to have big consequences for the way the markets in money work. Such as? Wall Street will become a regional bourse, more like London’s FTSE. The Chinese banks and brokers will dominate the markets.
And we will have to get used to a market dominated far more by private investors, and the state, and less by the professionals and the hedge funds.
No one can have failed to notice that the Chinese equity markets have been racing ahead this year. We have grown used over the last decade to the Chinese industrial machine swamping the world with manufactured goods, and we have become increasingly aware of the rise of a new breed of Chinese companies buying up assets around the world.
For years, however, its financial markets remained in the doldrums. Now it is acquiring the financial might to match its industrial muscle. The Shanghai Composite SHCOMP, +2.44% has blown every other market out of the water in the past year, more than doubling in value. Since February alone, it has risen from 3,000 to 4,300, and keeps on going upwards. Like any market, once it gets on a roll, nothing seems to stop it. Chinese exports can fall, and its property market can wobble, but the Shanghai Composite simply shrugs bad news aside and keeps on climbing.
Of course, it might all be a bubble. The Chinese have always liked to gamble, and they are taking to stocks the same way they took to roulette — with spendthrift, reckless abandon.
Even veterans of the dot-com bubble of 15 years ago are likely to feel queasy at some of the valuations put on Chinese companies. Technology stocks are trading on price-to-earnings ratios of more than 220, compared with 156 for the Nasdaq index COMP, +0.42% at the peak of the Internet boom.
Just as with any boom, there are flimsy companies being chased up to ridiculous valuations. That said, just because price have risen does not necessarily mean the market has gone mad. China has grown hugely richer just in the last five years alone, and its stock market has not kept pace with that — so it might simply be playing catchup.
What it certainly means is that the Shanghai index is about to become one of the biggest in the world.
In November last year, it overtook Tokyo to become the second largest stock index measured by total capitalization. It is still only around a third of the size of the of the U.S. market. But when you take the number of initial public offerings — and keep in mind that a Deloitte report showed Chinese listings overtaking U.S. ones in both size and value in the first quarter of this year — and the run up in share prices, and it is not hard to speculate that the Chinese index will be the world’s largest by the end of this decade, and possibly before.
That is already making a big difference in the rest of the world.
For three or four generations, the most important thing every investor needed to know was what was happening on Wall Street. It was home to the world’s biggest companies, operating in the world’s biggest economy. If the Dow were up, then the FTSE UKX, -0.49% , the CAC-40 PX1, +0.36% and the DAX DAX, -0.60% would all rise the next day. If it were down, they would all fall. New York set the pace and the pulse of the markets elsewhere.
Now that is inevitably going to change. So much money is going to be cascading out of a booming Shanghai index, and it will be so influential, that it seems inevitable that it will soon match Wall Street and then eclipse it. Indeed, it may have already done so — it is already to its performance that most European investors look.
But it will make a difference in other ways as well. As Shanghai becomes the world’s biggest stock market, it is Chinese bankers and brokers that will dominate it. Already more than half of the top 20 brokers and investment banks by market value are from China. The likes of Citic Securities and Shenwan Hongyuan will soon be as familiar as Goldman Sachs or Morgan Stanley.
And the mood will be different. Whereas the Wall Street markets were largely dominated by professional money managers, at least for the last 50 years, the Chinese market is very different. It is dominated by small, private investors — more than 10 million personal accounts have been opened in China since December alone. And it is heavily directed by the state, in a way the U.S. market never has been.
If you think Wall Street was volatile, wait until you see what a market dominated by Shanghai is like.
Still, whether it is better or worse makes no difference. In the next few years, Wall Street will have been relegated to second place in the view of the rest of the world — and it is Shanghai that will have taken its place. Every investor will have to get used to that.
请问外国人如何买中国股票？外国有上证ETF买吗？Opinion: Forget about Wall Street: Shanghai is now the market to watch
By Matthew Lynn
Published: Apr 22, 2015 3:30 a.m. ET
Chinese investors, brokers and banks will dominate global finance
shanghai_042215
Get up. Take shower. Brush teeth. Feed the cat or the dog. Check what the Shanghai market has been doing overnight.
For anyone in Europe who takes the markets seriously , that is now the regular morning routine. It is very much as it has always been, except with one big difference. Whereas once the standard reflex would have been to look at what had happened on Wall Street overnight, with perhaps a sideways glance at Tokyo, now it is Shanghai that investors look to.
What happens in China is now what dominates what happens in the rest of the world.
In the last few months, the Chinese equity indices have been roaring ahead. That is going to be the trigger for a big change. For at least 100 years, Wall Street has been the dominant global financial market, and it was from the Dow DJIA, +0.49% and the S&P 500 SPX, +0.51% that all the other bourses around the world took their lead.
From now onwards, that is likely to be Shanghai. Wall Street is about to be relegated into second place — and that is going to have big consequences for the way the markets in money work. Such as? Wall Street will become a regional bourse, more like London’s FTSE. The Chinese banks and brokers will dominate the markets.
And we will have to get used to a market dominated far more by private investors, and the state, and less by the professionals and the hedge funds.
No one can have failed to notice that the Chinese equity markets have been racing ahead this year. We have grown used over the last decade to the Chinese industrial machine swamping the world with manufactured goods, and we have become increasingly aware of the rise of a new breed of Chinese companies buying up assets around the world.
For years, however, its financial markets remained in the doldrums. Now it is acquiring the financial might to match its industrial muscle. The Shanghai Composite SHCOMP, +2.44% has blown every other market out of the water in the past year, more than doubling in value. Since February alone, it has risen from 3,000 to 4,300, and keeps on going upwards. Like any market, once it gets on a roll, nothing seems to stop it. Chinese exports can fall, and its property market can wobble, but the Shanghai Composite simply shrugs bad news aside and keeps on climbing.
Of course, it might all be a bubble. The Chinese have always liked to gamble, and they are taking to stocks the same way they took to roulette — with spendthrift, reckless abandon.
Even veterans of the dot-com bubble of 15 years ago are likely to feel queasy at some of the valuations put on Chinese companies. Technology stocks are trading on price-to-earnings ratios of more than 220, compared with 156 for the Nasdaq index COMP, +0.42% at the peak of the Internet boom.
Just as with any boom, there are flimsy companies being chased up to ridiculous valuations. That said, just because price have risen does not necessarily mean the market has gone mad. China has grown hugely richer just in the last five years alone, and its stock market has not kept pace with that — so it might simply be playing catchup.
What it certainly means is that the Shanghai index is about to become one of the biggest in the world.
In November last year, it overtook Tokyo to become the second largest stock index measured by total capitalization. It is still only around a third of the size of the of the U.S. market. But when you take the number of initial public offerings — and keep in mind that a Deloitte report showed Chinese listings overtaking U.S. ones in both size and value in the first quarter of this year — and the run up in share prices, and it is not hard to speculate that the Chinese index will be the world’s largest by the end of this decade, and possibly before.
That is already making a big difference in the rest of the world.
For three or four generations, the most important thing every investor needed to know was what was happening on Wall Street. It was home to the world’s biggest companies, operating in the world’s biggest economy. If the Dow were up, then the FTSE UKX, -0.49% , the CAC-40 PX1, +0.36% and the DAX DAX, -0.60% would all rise the next day. If it were down, they would all fall. New York set the pace and the pulse of the markets elsewhere.
Now that is inevitably going to change. So much money is going to be cascading out of a booming Shanghai index, and it will be so influential, that it seems inevitable that it will soon match Wall Street and then eclipse it. Indeed, it may have already done so — it is already to its performance that most European investors look.
But it will make a difference in other ways as well. As Shanghai becomes the world’s biggest stock market, it is Chinese bankers and brokers that will dominate it. Already more than half of the top 20 brokers and investment banks by market value are from China. The likes of Citic Securities and Shenwan Hongyuan will soon be as familiar as Goldman Sachs or Morgan Stanley.
And the mood will be different. Whereas the Wall Street markets were largely dominated by professional money managers, at least for the last 50 years, the Chinese market is very different. It is dominated by small, private investors — more than 10 million personal accounts have been opened in China since December alone. And it is heavily directed by the state, in a way the U.S. market never has been.
If you think Wall Street was volatile, wait until you see what a market dominated by Shanghai is like.
Still, whether it is better or worse makes no difference. In the next few years, Wall Street will have been relegated to second place in the view of the rest of the world — and it is Shanghai that will have taken its place. Every investor will have to get used to that.
ASHR, CAF, FXI。
）。到 Morningstar一看评级还是五个星，一看价格吓了我一跳，才$13.16, 十五年前那可是$30多！
为啥？2000-2002年跌了80%，发生啥事情了？十五年后纳斯达克综合指数收盘创新高, 让我想起了当年大名鼎鼎RBC life science and technology fund，（1999年涨了70%
十五年后纳斯达克综合指数收盘创新高, 让我想起了当年大名鼎鼎RBC life science and technology fund，（1999年涨了70%
语速不快。很好。同一页面的讨论也有很多信息。比较起来，貌似RBC操作起来最方便，因为它是自动jounal，无需打电话或者email联系。找到Questrade的了。是个video。
http://www.moneygeek.ca/weblog/2013/10/18/how-exchange-usd-cad-cheaply-using-questrade/
（按照http://www.moneygeek.ca/weblog/2013/10/18/how-exchange-usd-cad-cheaply-using-questrade/来操作）有可能分红还没到？或者分红已到自动投资了，取决于你的设置，看看股数是否增加了？请问一下大家，为什么分红了，但是资金量并没有增加啊？我看到的总资产只是已经买了的股票的总值加上余额，难道是红利已经直接算到股价里面了吗？可是股价不但没涨，反而在跌啊？
人要好了样样都厉害呀，悠闲轻松还赚钱，要交税啦
。？所以我在想还是自己来报吧，可是我一个同事说他需要花一天的时间来弄这个股票的报税，他是高级工程师都觉得那么困难，是不是真的很麻烦啊？这里有没有自己做股票且又自己报税的同学来指教一下？交易情况不是有清单吗，开户行寄来的，上面很清楚的一一例举。这么简单啊？我问了一个会计，可他说需要我把每次交易的情况都一五一十地告诉他，然后说估计报税的费用在700元左右，这也太贵了吧
这种情况，如果在多伦多，不到100加元。看来我是找错了会计，请问哪位知道在温哥华有比较好的说国语的报税会计吗？十分感谢啊。不过，我的报税是比一般人要麻烦一点，既有全职工作，还有兼职工作，然后还炒股票
到时候买它 100 块钱的石油股。 