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Subject:
Shorting the Chinese economy
Category: Business and Money Asked by: bigrick3725-ga List Price: $20.00 |
Posted:
28 Jan 2005 08:06 PST
Expires: 27 Feb 2005 08:06 PST Question ID: 464826 |
What mutual fund can I buy that will effectively short Chinese stocks or related stocks that would go down in the event of a crash in mainland China? | |
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There is no answer at this time. |
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Subject:
Re: Shorting the Chinese economy
From: jack_of_few_trades-ga on 28 Jan 2005 09:18 PST |
Check out XINHUA. I'll advise you that short selling is a "0 sum game" meaning that if someone makes money short selling then someone else loses that exact amount of money. In fact it's a little worse than a 0 sum game because there are fees involved with it as well. So the average person short selling loses money. If you have some insider information that the world doesn't know about and isn't illegal to know that suggests to you that the Chinese economy is about to spiral into economic disaster, then I certainly hope you are wrong but I wish you the best in your ventures :) I'll highly recommend as always that putting $4,000 into an IRA yearly will save you lots of money on your taxes (it's all tax deductible and grows tax deferred until you take it out) and if invested in a reasonable mutual/index fund will probably give you average returns over 10% (likely 11 or 12%) in the long run. That's better information than 90% of the brilliant investors out there will give you. |
Subject:
Re: Shorting the Chinese economy
From: timgray-ga on 01 Feb 2005 13:26 PST |
Try FXI on NYSE - http://www.etfconnect.com/select/fundpages/etf_funds.asp?MFID=136505 It is an exchange traded fund |
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