In the stock market, it is always thanks to earning less, whether it is retail investors or institutions, whether it is domestic or foreign. How big the risks and benefits are, you can estimate them yourself.
Investing in the stock market is not reliable in the eyes of many people. The reason is also very simple. In the long run, the proportion of people making money in the stock market is not large. In the past, the China stock market fluctuated greatly, and it was really difficult for many retail investors to make money.
On the contrary, real estate investment has a high status in China people's minds. This is actually the result of a 20-year real estate bull market. In the past 20 years, the housing market has been basically slow, so that all investors have made money.
So capital is profit-seeking. If you let him make money, he will flock to you.
At present, the proportion of stock market investment in household assets is very small. For example. Among the investors who invest in our private equity fund. No one invests more assets in the stock market than in real estate. The proportion of many people is still very different.
It can be boldly predicted that the proportion of China stock market investment in residents' assets will rise sharply in the next decade. When professional affairs are handed over to professional people, the proportion of specialization in the wealth management market will be greatly improved. If there is a return on income, funds will naturally flow in. In this world, money is the smartest.
And how much can China's mixed stock market earn in the long run? Ten percent of people in the western stock market can make a long-term profit, which is naturally quoted by the media and spread by retail investors. This seems to be the law! This argument is definitely another unique skill of China. Under the mature and perfect system and standardized operation environment in the west, investors only get the interest rate of 10%. Fraud is prevalent in China stock market, and brokers and the media collude with each other. N more fairy bureaus, N more traps, high transaction costs and less dividends. In this environment, the long-term interest rate of China investors is definitely not fooled and whitewashed by the media 10%.