Week 8

Retirement

I am already 22 years old, after 10 yeas at most, my parents will retire. In China, for people who were born after 1980 are most only child in the family. So every family has only one child. When our parents retire, what would us to do? When we get married, that means a young couple need to take care four old parents. It is unlikely to accompany all of them all the time. I think the best way maybe is the retirement village or resthome. in there, they can be taken care of by the nursing staff and have some activiities with friends who are the similar age.

Actually, the whole world is facing population aging problem. What I found, particularly in China, there will be a new industry targeting on aging population, some body call it the silver-hair industry. As the aging people increasing, the more services such as retirement village or resthome will be needed. I think it would be a good opportunity to invest in it. Of couse, we need to create more comfortable envrionment for old people, serve them what they need, both physical and psycological.

Week 7

Shares 2

Investing in shares, timing is also extremly important. Actually, I think there is a same method used in property investment. Try to buy when the mood is gloomy and prices are lower. Don't invest your money when there is a universal mood of investor optimism. Psycology thing!!!

As a university student, we are likely to believe popular market sentiment, because we don't have much experiences and we always lose control when we want to earn more money. It is easy to say that be a rational investor than to actually do.

Week 6

Shares 1

In Paul’s book, Warren Buffett is surely mentioned in chapter: Investing in shares. This old man is so good at share investment, so smart, his style and skills are so impressive and useful. In this journal i want to focus on his selecting shares.

As we all know, he holds many mainstream companies’ shares, such as Coca-Cola, American Express. However, in 2008, he bought 230 million US dollars share of a Chinese company called BYD which is a fast developing electric car company. Why Buffett invested in this company? That’s all about his method of selecting a share, he only chooses good-quality, favourable long-term prospects, undervalued shares. I think it is the key to invest in shares, you have to take a long-term consideration. Somehow, forecast the prospect of a industry, a company .The maximum return you can get is buying shares of a company which can grow quickly at the bottom of its price and sell them in the future. BYD company has advanced electric car technic and can be forecast to get more support by the government as the environment is getting worse, and resourses are declining.