As always, the glorious years support Ding Xu's view: "I agree with the miracle that the short-term economic downside is not terrible, and we must see the determination and strength of the central government to stimulate economic recovery." What the central government wants to do, it can always be done, don't worry. Now is the stage when the economy is beginning to recover, it is normal for the economic numbers to fluctuate a little, the bull market has started in advance, take the bag steadily, don't get off lightly! ”

"Whether it is a bull market or not, no one can say, maybe the horns of the bull market are exposed, maybe it is still the tail of the bear market."

"But I think that as long as you can choose a safe breed with a low valuation and hold it for a long time, you can make money regardless of the bull market or bear market." Because since it is a safe variety with low valuation, it is a value depression, and sooner or later there will be funds eyeing this value depression and speculating. As long as you hold on patiently, you can catch the main hitchhiker, as the miracle says, take the direct bus and enjoy a beautiful journey! ”

"Fishing fire, low-valued safe varieties may not rise, such as bank stocks, which only have a price-earnings ratio of several times, but the stock price is lying still, weaving sideways all day long, and you can go crazy!"

Zhao Zheyi has a different view, "If you want to find safe stocks, you must at least clarify a premise, and only find safe stocks with excellent performance in small caps." Or, as the miracle said, buy small-cap loss-making stocks, so that retail investors dare not follow, but rise fast. However, this kind of stock is not a low valuation, and can only be regarded as a short- and medium-term speculative stock. ”

"Well, the license plate is right. Then add one more, small cap, low valuation of safe varieties. "Jiangchuan Yuhuo has a good temper and accepts Zhao Zheyi's point of view without hesitation." For several years. I've always been a safe breed to buy at a low valuation. I did get something, and I want to keep going. ”

"Yes, the most important thing is to stick to your own profit model." Ding Xu nodded and asked curiously, "Yuhuo, can you tell me about your profit model?" ”

Ding Xu knows that Jiangchuan Yuhuo is the real big brother of the stock market, and he has been a stock market for more than ten years. Moreover, he works in the banking system, is close to retirement, and his life experience, work experience, and stock trading experience are far from his own.

"My profit model is very simple, that is, I only choose safe varieties with low value. In addition to small-cap preference, I have four stock picking rules. "Jiangchuan Fishing Fire does not hide its selfishness, and readily shares its own stock selection rules.

Jiangchuan Yuhuo works in a bank, so he has a unique study of financial indicators, and most of his four stock selection rules are also related to this.

Perhaps it is precisely because of professional habits that the investment style of Jiangchuan Fishing Fire is mainly stable. No matter how the market rises wildly, he doesn't like to choose junk stocks and theme stocks to speculate. Instead, choose safe varieties with low valuations to invest. He believes that blindly going long in uncertain speculative varieties. Even if the index falls lower, the risk is still there. And in the low-valued safe stocks, as long as the index does not rise too wildly, the risk is relatively small.

Under the domination of this line of thinking, Jiangchuan Yuhuo believes that the real low-valuation safe investment varieties should meet four basic conditions.

First, from the fundamental analysis, it can be determined that the growth of the main business will maintain sustainable growth, such as there is no indication that there is a surplus of leading products of listed companies, and there is no sign of being eliminated by emerging markets, the market monopoly or shortage situation can still be consolidated and maintained, the production and marketing system is sound, the assets and liabilities are reasonable, and the cash flow is abundant.

Second, from the analysis of financial indicators, the proportion of inventory products in the total output is only 2o, the annual accounts receivable is less than 3o% of the total sales revenue, the perennial debt ratio level belongs to the safety value, the return on net assets, the gross profit margin level remains at the level of 3o%, the enterprise belongs to the industry, the system leader, has considerable technical advantages and talent reserve advantages.

Third, the leading products and industries belong to the key industries or emerging industries actively supported by the state, and are encouraged and supported by active fiscal and tax policies, rather than sunset industries and eliminated industries that are suppressed by policies. If an industry is in a period of recession as the economic cycle changes, the enterprises in this industry, no matter how strong their assets are and how strong their management capabilities are, cannot get rid of their gloomy prospects.

When choosing stocks, investors should not be confused by the current scene, but should analyze and judge whether the industry to which the enterprise belongs is in the start-up period, the growth period, or the stable period or the retirement period, and absolutely cannot buy those industry stocks that belong to the recession period.

In other words, when trading stocks in China, you must listen to the party and follow the party. Whatever industries the party supports, it will follow. Whatever industries the party abandons, it will stay away from them, so that there will be good fruits to eat.

Fourth, it has a good high dividend and high transfer capacity, of which high transfer capacity is more important than high dividend transfer ability. Looking back at the 19-year history of Shanghai and Shenzhen A-shares, we will see that stocks with real long-term investment value are all stored in this potential without exception, and the ultimate value of stock investment is basically realized in this way.

In the capital market, it is difficult to find absolutely low valuation safe varieties, and all low valuations are expected to continue to pay dividends, transfers, and good growth in the future, which must be seen thoroughly.

No matter how good a stock's current or past performance is, if it loses its growth, it can also become a high-risk variety.

To calculate and judge the specific investment value of individual stocks, you can use comparative analysis, stock price bonus interest rate, price win rate and other indicators to compare. As long as the low-valuation safe stocks meet the above four conditions, they can be held with peace of mind.

Jiangchuan Fishing Fire rose for a while, and began to explain the use of various indicators such as comparative analysis, stock price bonus interest rate, price win rate, etc., supplemented by the analysis of several stocks.

This lecture lasted nearly an hour.

"This is really too professional, Brother Yuhuo is really amazing!" Ding Xu was stunned when he heard this, and couldn't help but praise.

"It's useless to be professional, I'm not putting it on top of a bun?" Jiangchuan Yuhuo replied helplessly, "Rare earth is a sunrise industry, and the financial indicators of Baotou Iron and Steel Rare Earth are also good, the net assets are also high, and there are high dividends and high transfer capabilities, but in the end it fell mercilessly, alas! ”

"Be patient, and you will be rewarded!" Ding Xu was speechless for a long time, and finally encouraged.

"I can only count on this, hehe, I'm not in a hurry, I'm old anyway, and money is of little use to me, so let them stay in the stock market." The riverboat fishing fire is very open.

………………

Today, the leader came to inspect the work, accompanied him for a day, and had no time to look at the market. It wasn't until more than ten o'clock in the evening that I hurriedly came to code words.

I glanced at the code word just now, and unexpectedly there was a new alliance leader-dengfeng fan ng. This is the rhythm of rising against the market.,Hehe,Thank you for the generous reward of the dengfeng fan ng brothers.,Please find the group number in the top post.,Enter any book friend group to contact me.,And then enter the miracle group to communicate.。

Today, the market fell sharply, but it was only a step back on the 2O daily line. It will rise after that, and now there is no need to worry about peaking. Again, the bull market sees the long yin, and the bear market sees the long yang. Since it is a small bull market, this kind of fast killing and falling long yin is not terrible. Do you remember the trend after the Shanghai Composite Index fell below the 2O daily line at the end of August under the pressure of new stock subscription? Seven Zhongyang in a row! This time it is still the pressure to subscribe for new shares, and I still judge that this is a squat before the jump! There is nothing to be afraid of this kind of digging, don't panic to cut the meat, the market will take off again!

Wednesday's intensive subscription is over, and it is expected that the day after tomorrow will rebound under the leadership of real estate stocks.

Several stocks mentioned in the group over the weekend, Hengyuan Coal Power and Jinrui Mining have risen well and rushed to the limit. O1O buns symbolically fell and couldn't go down, and Phoenix Media suspended trading. Dashang shares have fallen a lot in the past few days, and it is a red envelope sent by the main force, and I feel that it can be purchased. As for the other stocks, it is only a small fall, don't worry, it will soon be a new high.

In the last 8 days of the Dream Cup, ask for a Dream Cup ticket, you can vote under the introduction of the book page, this is the last chance to enter the semi-finals, everyone help me to go to the front! (To be continued!)

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