is now the time to buy? My friend in china said that it can't

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Anonymous
2016-01-13 23:22:33 Post No. 1040944
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Anonymous 2016-01-13 23:22:33 Post No. 1040944 [Report]

is now the time to buy?

My friend in china said that it can't possibly go lower as all the bad/stupid investors are out of the market. He's got about $15,000 in ICBC securities, I'm seriously thinking about buying them since he's offering them to me below the current market rate.

Anonymous 2016-01-13 23:23:53 Post No.1040947
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Anonymous 2016-01-13 23:23:53 Post No.1040947 [Report]

>ICBC

Sorry, not that. Just the regular Bank of China.

Anonymous 2016-01-13 23:37:30 Post No.1040976
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Anonymous 2016-01-13 23:37:30 Post No.1040976 [Report]

Same could be said about the opposite. All the good investors are already out so you should be too. Only the dumb/stupid investors are still in.

Just do what I'm doing and wait to see what happens given we're overdue for a recession.

Anonymous 2016-01-13 23:37:50 Post No.1040977
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Anonymous 2016-01-13 23:37:50 Post No.1040977 [Report]

Buying the dip is always a good idea

Anonymous 2016-01-13 23:50:12 Post No.1040998
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Anonymous 2016-01-13 23:50:12 Post No.1040998 [Report]

>>1040977

I'm looking to make about 10% gains in the next two years. Real estate is growing right?

Anonymous 2016-01-14 00:01:29 Post No.1041015
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Anonymous 2016-01-14 00:01:29 Post No.1041015 [Report]

>>1040944
Don't go catching falling knives. Wait for it to consolidate at least...

sage in all fields 2016-01-14 00:18:20 Post No.1041039
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sage in all fields 2016-01-14 00:18:20 Post No.1041039 [Report]

>>1040944
Your "friend" is trying to scam you. Unless you're also Chinese, you can't legally own those assets.

Anonymous 2016-01-14 01:54:06 Post No.1041184
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Anonymous 2016-01-14 01:54:06 Post No.1041184 [Report]

>>1040944
>He's got about $15,000 in ICBC securities, I'm seriously thinking about buying them since he's offering them to me below the current market rate.
Does he have a bridge to sell you, too?

Anonymous 2016-01-14 01:56:57 Post No.1041190
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Anonymous 2016-01-14 01:56:57 Post No.1041190 [Report]

>>1041039
This. Unless you are chinese, you can't own shares

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible. Read more on this topic here - https://archived.moe/talk/thread/1694/

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/