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4月2日

Bear ahead?

This story, my story, happened in a thriving economy with its booming stockmarket once seeing no ceiling. When almost everyone around you were gaining fat profits simply by buying and selling shares and went into raptures at mere mention of it, even the most prudent and adamant saver would feel it is hard not to be attempted.

Equipped with basic knowledges of share investing, I bought some shares of a listed company at the price of 13.5. After a rocky start, the share price rocketed its way up to 29.3 at its peak within months, as the market turned to an orgy. Although my assets already more than doubled, my greed inflated even more: I refused to sell them unless the price reaches 30.

It is inevitable that bad thing happens. Since then, the shareprice began its downturn all the way to 11, showing no sign of turning back by now.

 

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