What A Growth Stock! My Unforgettable Investment Experience

I have several Japanese companies’ stocks.  In 2005, I read a book written about portfolio approach.  It all started from that book.  After watching financial markets, I started investing around 2008.  After bankruptcy of Lehman Brothers, financial markets were in chaos.  It was like that the Dow Jones Average plunged by 300 points and the next day it rose 200 and the next day tumbled 300 again.  I think it was valuable experience for me to observe markets at such a historical crisis.

I prefer bargain stock rather than growth.  I especially like stocks which have Japanese unique system “shareholder special benefit plan.”   It is the system that company sends a gift to shareholders, mostly its company’s product.

One day in 2009, I bought eyewear chain JIN stock.  http://www.jins-jp.com/about_en/  Because this company gives each shareholder a 5000 yen discount coupon a year.  I have good eyesight, but recently I came to need reading glasses because of my age.  This company CEO Jin Tanaka is a good-looking man.

This stock fell down terribly at the Lehman Shock.  At that time, he met Fast Retailing CEO Tadashi Yanai running “UNIQLO.”  Then, Yanai asked him what his company’s business value was?”  He was stuck for the answer.  It was a turning point.  He rebuilt his business.  He challenges to raise company’s value now.  The stock price shows it. The record low price was only 39 at 02/02/09.  What do you think the current price is ?  Look at this chart.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=JP%3A3046&insttype=&freq=2&show=&time=20

Amazing!  1923 yen today!!!  Share unit is 1000.    39,000 yen becomes 1,923,000 yen in only three and a half years!  Unfortunately I don’t have it any more.  When it became the double, I sold it.  After reading some articles whipping up enthusiasm among investors,  I was afraid of cats and dogs stock.  I wish if I held ….  I can’t buy it any more(T_T)

JIN released eyeglasses for PC users last year.  I hear that these glasses protect your eyes from the blue ray of computer screen.  I purchased them.  These are very good.   My eyes aren’t tired with these glasses.  Now I want glasses that don’t touch my nose. Because glasses leave marks on my nose and makeup comes off.  Please create such glasses , Tanaka-san.

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2 thoughts on “What A Growth Stock! My Unforgettable Investment Experience

  1. Hi, Happyuan,
    Actually when I was younger I worked at a stock company and also enjoyed stocks by myself. When I worked there, I was more into stocks I bought than my clients’ ones. So I was scolded by my boss. However I still have the stock I bought then. You know why. How long should I hold the stock?

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