With the Standard & Poor's 500 Index officially falling into the "bear market" area on Monday, the American media described that "the glimmer of hope brought by the stock market to investors has disappeared".
The last time US stocks entered the "bear market" was in early 2020, which lasted only a relatively short period of six months. Some analysts pointed out that this "bear market" will last longer.
So, what about the wallets of China investors who speculate in US stocks? How has their mentality changed? Zhongxin Jingwei chatted with several young people.
"I have been lying flat facing a big gap."
"It's a mess now." Stephanie after 90 is a white-collar worker of an Internet company. She mentioned the current account status and called it "lying flat".
Although she is not a finance-related major, Stephie's foreign language ability is very good. Her company is engaged in cross-border tourism and retail services and has more contact with brands. With her understanding of current affairs and economy, Stephanie joined the team of speculating US stocks in early February 2020. Her investment strategy focuses on slow and steady progress. Most of her idle funds are invested in funds, and then some fixed investment products are purchased, and a small part is invested in high-risk investments such as stocks, and 30,000 yuan is invested in the US stock market.
Weilai is Stephanie's first stock. "I felt that the price was right, the industry prospect was good, and the policy support was strong. I also went to the founder Li Bin and felt that he had a strong personal charm. " Later, I gradually bought Beyond meat and Bark Inc, two American stocks, 1 Standard & Poor's 500 ETF.
After the US stock market plunged on June 14, Stephanie saw that her US stock investment was still at a loss. The artificial meat concept stock with the biggest loss, originally bought at $ 125 per share, has now fallen to $22.47 per share, with a floating loss of about 82.02%.
However, although it fell a lot, Stephanie, who was stuck, did not intend to sell it. "As long as you don't sell, you won't lose it. There is no urgent need at present, so I am going to wait for a long time. "
"In fact, when it falls, it is a good opportunity to make up the position, and it is very friendly to people who hold it for a long time." Stephanie said that she was optimistic about the company's fundamentals when buying stocks and planned to hold them for a long time. But at present, she is "powerless" because of foreign exchange trading restrictions and cannot buy at a low price.
In Stephie's view, the market environment is not good now, and I have never thought about how much money the stock has made in the past two years. "So it doesn't matter much whether the market goes up or down, so I left it there for a long time. Maybe I'll take it out in five or ten years. Wow, I earned a lot! "
"After moving to Hong Kong stocks, work and rest are normal."
Xiaomei (pseudonym) is a post-85 financial media person. She has been speculating in US stocks for two years and has lost nearly 20% so far. She said she wanted to make a new one, but she didn't expect it to become a leek.
20 19, Hong Kong stocks and US stocks hit record highs, and Xiaomei, who has never won new shares after speculating in A shares for more than five years, was tempted. "I heard that not only the winning rate is high, but if you are lucky, the increase is higher than that of A shares." Therefore, Xiaomei opened a Hong Kong-US stock account under the recommendation of a friend, first invested 50,000 yuan to test the water, and selected some "familiar faces" listed in the United States.
I got what I wanted. Xiaomei signed it. Although there were only five copies, she recalled that she was "very excited." Regardless of the time difference between China and the United States, I have been listed since 0 o'clock, and it has really gone up. In the next few months, a wave of selling and buying operations raised the stock price from $20 to $80. "
However, Xiaomei who guessed the beginning of the story did not guess the end of the story. After tasting the sweetness, she has invested tens of thousands of yuan, but the new income is not ideal. Xiaomei didn't abide by the discipline of "only playing new, not speculating in stocks", but speculating in US stocks.
"At that time, I really closed my eyes and bought everything. I also found a long-lost bull market feeling. As the price of the stock I bought rose, my income once doubled. " However, as the US dollar entered the interest rate hike cycle and industry adjustment, Xiaomei's stock fell all the way, and an industrial hemp concept stock that once held a heavy position never rebounded as expected. "I watched it drop from a high of $67/share to $29/share, and then I sold it, thinking it was bought at a low point. I didn't expect to fall endlessly. Now, after the market plunged, it has reached $3/share. If I didn't make a profit in the early stage, I would only lose this stock. "
Xiaomei said that watching her position gain double and lose 20%, she has to bear various risks such as exchange rate and handling fee. Recently, she switched to Hong Kong stocks. "The US stock market fluctuates greatly, and Tencent's current price is suitable."
"Before the bull market, I stared at the market every day and stared at midnight when signing a new contract. My mood also fluctuates with the stock market. " Xiaomei said that after changing Tencent, she has basically never seen a US stock account, and her schedule is much more normal than before.
"I have chosen to clear the warehouse in March."
LAM Raymond (a pseudonym) is a young investor in technology stocks. Although he is only 29 years old, he has been deeply involved in A-shares, Hong Kong stocks and US stocks for seven or eight years, of which the market value of US stocks alone is around several million dollars. However, as early as March this year, his US stock account was fully cleared.
"At that time, the conflict between Russia and Ukraine had begun and commodity prices had been rising. Affected by the epidemic, the global export supply chain crisis is unresolved, and inflation in the United States is out of control. Multiple factors are superimposed, and the US economy is likely to fall into recession. Even if this worst case does not happen soon, the Fed will inevitably raise interest rates to control commodity prices. " Talking about the reasons, LAM Raymond pointed out that interest anchoring is very important for the pricing of any stock, which is not friendly to investors of technology stocks.
Prior to this, in April, 2020, after the Federal Reserve began to "release water", LAM Raymond had already obtained the highest investment income, and any China Stock Exchange may increase by at least two or three times, and several technology stocks held by Tesla increased by as much as 10 times. "At that time, asset prices rose at an unprecedented rate."
As an investor, LAM Raymond has his own clear judgment on the market trend. He believes that the US stock market crash on June 14 is a normal response to the unexpected impact of the US CPI increase in May. It can only be said that the future will be closer and closer to the recession of the American economy, but it does not mean that it is completely unsuitable for buying and investing.
"I used to think that assets would rebound in July and August, but now it is likely to rebound from the fourth quarter, just to see if the current economic recession or asset price decline cycle will be longer than expected." LAM Raymond mentioned that going back to V is an inevitable process, and he will do it again when it is cheap to a certain extent.
"Two years' experience in stock investment"
Li Xiaoqing (a pseudonym) is an employee of a large factory engaged in operation, and also born after 1990. At the beginning of June 2020, he felt that the market was good, so he began to invest in US stocks. She started trading stocks in college and engaged in sideline business. She usually likes to teach herself financial management knowledge, study macroeconomics, and take the initiative to obtain a securities qualification certificate.
Just entered the US stock market, I bought Pinduoduo and Lee first. "Seeing that everyone is talking about Pinduoduo, I saw the business model and financial report, and I felt good, so I entered. Then because the new energy vehicle sector was too hot, and I couldn't afford Tesla at that time, I entered the ideal. "
Later, Li Xiaoqing bought three China stocks and six American stocks in succession. Talking about her stock selection style, she mentioned that she always chooses stocks according to the amount of funds, mainly depending on the growth of enterprises, and generally does not choose high-priced stocks. Later, because they liked it, they founded Tesla and Apple.
"At that time in 2020, I felt that just buying China stocks would go up. Later, I bought Sea, Unity, SHOP and Lululemon according to the sectors and fundamentals, and the stocks I earned more doubled. " In this process, Li Xiaoqing's principal increased from about $6.5438+0 million to a maximum of $30,000, and when he earned the most, he held a position of about $60,000. At the end of 2020, she took out the principal and only put down the profit of 30 thousand dollars to "play" in it. "But because I lost a lot in Hong Kong stocks, in fact, the money earned by US stocks basically only made up for the losses of Hong Kong stocks and A shares."
After the second half of 200212022, Li Xiaoqing gradually sold the stocks of China Stock Exchange, and by 2022, it basically only bought apples, and also shorted Bili Bili and Sea. She said that because she feels more resilient, she has been holding Apple since the beginning of the year, and now her position is close to 80%.
"At present, the loss of US stock accounts is about 18%, but I am not too worried. After all, it's all previous profits, and I occasionally do bands, throwing high and sucking low. For Apple, I also set a stop-loss line in my mind. If the loss reaches 30%, I will not hesitate to cut the meat and not play. " Li Xiaoqing said that he has been trading stocks for two years, and in the face of the ups and downs of the market, he has summed up his own set of investment principles: don't be led by the market, and control the funds well; Have their own trading rules; Don't touch unfamiliar companies and industries.