Word: investingations
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To the arbiters of 20th century art, comics had plenty of handicaps. It was printed on disposable paper (hence not worth saving, owning or investing in). It was popular (the wrong people liked it), American (when high culture was a European near-monopoly) and, worst of all, funny.
That's what China's new investors think, too. Punters gathered to swap stocks and stories at the Beijing branch office of the China Galaxy Securities brokerage house on Jan. 29 certainly weren't letting a small drop in the market that day dampen their spirits. "I guess the fluctuation...
Neither could Dutch tulip-bulb speculators in the mid-1600s nor American day traders in the dotcom boom of the late 1990s nor even Chinese investors in the early 2000s. The history of investing demonstrates that there is no faith stronger than that of newbies plunging into a molten market...
So confident are the assembled san hu that they don't regard their activity as serious business. They use wan, Chinese for "play," to describe it. If the market tanks, the san hu won't be the first to discover that investing is not a game.
3 Certificates are sold Consumers, such as the NFL, can then pay for the RECs--in addition to their electricity bill--as a way of investing in renewable energy, which is generally more expensive to produce than electricity derived from gas or coal.