As the index of stock market falls, the mind of each investor is complicated in that people always don't know what the bottom is. Is this the lowest point or just the midpoint? Although I also a common investor as everybody else, I have a thought. No matter what price you bought the stocks, you have to hold on your stocks unless the reasons are gone when buying them. However, most people are short-term investors; they want earn money from the difference between stock price. Furthermore, most of those use loans or leverage to create spectacular revenue. As long as the market is upward, their wallets are full all the time. Thus, on the other hand, they face big troubles with index plunging.
The sublime mortgage in United State has fired throughout the world. As someone ever said “as American sneezes, none could avoid cold.” Be a largest consumer market, based on the dollars, American's economy is not only a domestic problem but an international one. The bomb explodes and will cause a series of reactions in the world. Taiwan, as a country depending on international trade, should take very serious look at the sublime mortgage problem.
The stock market plunging these days reflects investors' weak psychology. Even if the mortgage problem does not affect Taiwan very deeply, people still sold their stocks crazily because they have uncertain information about Taiwan's competence. The only thing they know is the conflict between green and blue party. So far the candidates of both parties do not propose a pragmatic blueprint of Taiwan's economy. They seems to understand the hardness around society and the problems around the companies, but all they provide is old-fashion products which Taiwan people can easily debunk.
According to economic theories, stock market is an index of future, in other word, hope. A hope of people in Taiwan as well as country follows the stock market index. On the other side, the presidential candidate is also a hope of Taiwan in the following four years. If one of them can give people a proposal which makes people work together to create a vigorous Taiwan, I will give him my ticket no matter his color. But he must understand the word, “pragmatic”, because a check that can not be cashed will make people suspect the party's honest. After all their reputation will be like the index in the storm of the sublime mortgage.
A connection between past and future.
2007年12月18日 星期二
2007年9月19日 星期三
2007年9月18日 星期二
berkeley where are you~
長春藤聯盟算是頂尖的美國學府!是由美國東北部八所頗富盛名、 具有悠久歷史的大學和學院所組成的聯盟。 他們是: Brown University 布朗大學; Columbia University 哥倫比亞大學; Cornell University 康乃爾大學; Dartmouth College 達特茅斯學院; Harvard University 哈佛大學; Pennsylvania University 賓州大學; Princeton University 普林斯頓大學; Yale University 耶魯大學。
2007年8月26日 星期日
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