515030 trade ideas
515030 LongIf today's close above 1.550
might be a good entry to buy some.
Another entry might be 1.42 ish.
515030's 10 years investment plan515030 is China New Energy Automation ETF
It covered the whole industry.
I can tell you this industry will have at least
10 year's growth and this industry has great potential.
Therefore I can't tell you where is Target
But the smart way to invest your money
and let your hard earned money work for you
is through Monthly Investment.
This is some thing related to financial planning.
For Example:
If your salary is about 10k-15k Cny/mth
after deduct all your living expense
you can save 4k-5k per month.
Then you can consider to invest fixed dollar amount of 1k-2k in this etf at a fixed date
(Your salary payout date maybe)
Your saving in the bank will only give you
3%-4% P.A
but this ETF could give you doulbe , tripple, or more
And since you are investing every month,
your cost will be averaged
if you save 2k cny every month, 24k every year
and after 10 years, you saved about 240kCNY
now the price is only 1.28, if it rallys to 4, or 5, or 10, you can image your rate of return .
And after 10 years,
whenever you need some cash for large sum payment
your son's education, your tourism, your mediccal expense etc
you just need to sell some of the units.
Good luck and all the best !
