ChinesePod
@ 40526 Playing the Stock Market
A: 你最近買股票了沒？
nǐ zuìjìn mǎi gǔpiào le méi?
Have you been buying stock lately?
B: 沒有。我看現在股市過熱，還是謹慎點好。
méiyǒu. wǒ kàn xiànzài gǔshì guòrè, háishì jǐnshèn diǎn hǎo.
Nope. I think the stock market is overheated now, so it's good to be a bit cautious.
A: 難怪你發不了財。中國股市現在是幾十年不遇的大牛市，民間資本雄厚，再加上08年的奧運會和10年的世博會，至少還有兩三年的漲勢。所以今年我一口氣買了好幾支股票。
nánguài nǐ fābuliǎocái. Zhōngguó gǔshì xiànzài shì jǐshínián bùyù de dà niúshì, mínjiān zīběn xiónghòu, zài jiāshàng líng bā nián de Aòyùnhuì hé yī líng nián de Shìbóhuì, zhìshǎo hái yǒu liǎng sān nián de zhǎngshì. suǒyǐ jīnnián wǒ yīkǒuqì mǎi le hǎojǐ zhī gǔpiào.
No wonder you aren't rich. The Chinese stock market is in its biggest bull market in the last dozen years. Between the extraordinary mass of public capital, and then the 2008 Olympics and 2010 World Fair, there will be growth for at least two to three years. So I took the plunge and bought a lot of stock this year.
B: 你別過分樂觀了。正是因為大家都這麼說，我才覺得可怕。中國的股市還不太成熟，散戶太多了。而且都是做短線的，缺乏理智分析和一定的心理承受能力。所以，把錢放在股市是非常冒險的。
nǐ bié guòfèn lèguān le. zhèng shì yīnwèi dàjiā dōu zhème shuō, wǒ cái juéde kěpà. Zhōngguó de gǔshì hái bùtài chéngshú, sǎnhù tài duō le. érqiě dōu shì zuò duǎnxiàn de, quēfá lǐzhì fēnxī hé yīdìng de xīnlǐ chéngshòu nénglì. suǒyǐ, bǎ qián fàng zài gǔshì shì fēicháng màoxiǎn de.
Don't be too optimistic. The reason I feel scared is exactly because everyone is talking like you. The Chinese stock market still isn't mature yet. There are too many private investors, and they're all looking at the short term, lacking both rational analysis and a certain psychological endurance. This makes putting money in the stock market extraordinarily risky.
A: 廢話。投資能沒有風險嗎？關鍵是心態要好。反正我是做長線的，短期的漲跌無所謂。
fèihuà. tóuzī néng méiyǒu fēngxiǎn ma? guānjiàn shì xīntài yào hǎo. fǎnzhèng wǒ shì zuò chángxiàn de, duǎnqī de fluctuate wúsuǒwèi.
No kidding. Can there be investment without risk? The critical thing is keeping a good attitude. I'm interested in the long-term at least, and indifferent to short-term fluctuations.
B: 可現在新入市的人很多連股票是什麼東西都沒搞清楚就買，多盲目啊。這樣一來，市場很容易出現恐慌，嚴重的還會崩盤。
kě xiànzài xīn rùshì de rén hěn duō lián gǔpiào shì shénme dōngxi dōu méi gǎo qīngchu jiù mǎi, duō mángmù a. zhèyàng yīlái, shìchǎng hěn róngyì chūxiàn kǒnghuāng, yánzhòng de hái huì bēngpán.
But right now many of the new entrants are acting blindly - buying stocks on the market without even knowing what they are. This way the market will easily give into panics, and more seriously, the market collapses.
A: 你別吃不到葡萄說葡萄酸。我最看不慣你這種膽子小，不敢擔風險，但看到別人炒股賺了就眼紅的人。
nǐ bié chībudào pútao shuō pútao suān. wǒ zuì kànbuguàn nǐ zhèzhǒng dǎnzi xiǎo, bùgǎn dān fēngxiǎn, dàn kàndào biérén chǎogǔ zhuàn le jiù yǎnhóng de rén.
Don't talk about something you know nothing about. I really disapprove of a craven like you, cowardly folk who can't bear risk, but get envious whenever they see others making money.
B: 我眼紅？我才沒那麼幼稚呢。我只是說，現在的股市過熱。作為投資人，一定要有心理準備才行。我還得提醒你一句，炒股就跟賭博差不多。
wǒ yǎnhóng? wǒ cái méi nàme yòuzhì ne. wǒ zhǐshì shuō, xiànzài de gǔshì guòrè. zuòwéi tóuzīrén, yīdìng yào yǒu xīnlǐ zhǔnbèi cái xíng. wǒ hái děi tíxǐng nǐ yī jù, chǎogǔ jiù gēn dǔbó chàbuduō.
I'm envious? I'm not that immature. I'm just saying that the stock market is overheated. As an investor, you need a certain amount of mental preparation. I'll also remind you that stock market speculation is not so different from gambling.
A: 你這種觀念早就過時了。現在你只要做足功課，平時再留意一下市場動態，基本上就有把握了。
nǐ zhèzhǒng guānniàn zǎo jiù guòshí le. xiànzài nǐ zhǐyào zuò zú gōngkè, píngshí zài liúyì yīxià shìchǎng dòngtài, jīběnshang jiù yǒu bǎwò le.
Your way of thinking is too outdated. Right now all you can do is to prepare yourself well, and pay attention to the market developments, then you'll get it.
B: 哪有這麼簡單？如果這樣就行的話，人人都發財了。
nǎ yǒu zhème jiǎndān? rúguǒ zhèyàng jiù xíng dehuà, rénrén dōu fācái le.
How can it be that easy? If this is all it takes, then everyone would be rich.
A: 算了，你只會在一旁眼紅。跟你說了也是白說。
suàn le, nǐ zhǐ huì zài yīpáng yǎnhóng. gēn nǐ shuō le yě shì báishuō.
Forget it. You're just standing on the sidelines burning with envy. There's no point in talking to you.
Key Vocabulary
謹慎 jǐnshèn
牛市 niúshì
雄厚 xiónghòu
漲勢 zhǎngshì
散戶 sǎnhù
崩盤 bēngpán
吃不到葡萄說葡萄酸 chībudào pútao shuō pútao suān
眼紅 yǎnhóng
留意 liúyì
短線 duǎnxiàn
長線 chángxiàn
炒股 chǎogǔ
過熱 guòrè
恐慌 kǒnghuāng
Supplementary Vocabulary
開盤 kāipán
收盤 shōupán
成交量 chéngjiāoliàng
熊市 xióngshì
泡沫 pàomò
暴跌 bàodiē
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