In the six or seven trading days at the end of September, the A-share market finally regained its momentum. Among the major indexes, the Shanghai Composite Index, which had the smallest increase, increased by more than 22%, and the ChiNext Index, which had the largest increase, even increased by 42%. However, almost no one made any money!
Many people don't believe it. How could it be possible? With such a huge increase, how come no one made any money? Let me analyze it one by one:
First, let’s talk about the old stock investors. The vast majority of them have been investing more than half of their capital, or even their entire capital, in the stock market. After this wave of gains, most people have not yet recovered their investment. The few who have invested less have just started to make a profit. So who has made money?
Now let’s talk about new stock investors. They may have just opened an account. Those who were quick have just rushed in and have just started to make a profit. Those who were slow are still preparing funds to rush in. Those who were even slower are still under review. How can they make money?
Did foreign investors make money? The situation of foreign investors is similar to that of old stock investors. Those with higher levels have just made back their investment, and most of them are still stuck!
Did the national team's rescue funds make money? Maybe they made some money, but not much. The cost of the national team's rescue was around 3,000 points, mainly based on the components of the Shanghai and Shenzhen 300 Index, which is also an index with a relatively small increase recently, so they didn't make much money. In addition, the rescue funds also have costs. If the costs are removed, the profit will be even less!
I am a veteran stock investor with more than 20 years of experience, and I haven’t made my money back yet!
