Sylvia: You just have to guess how high they'll go, and then sell when you think they are about to come down. If you guess right, you can make lots of money in the blink of an eye gregory: But I hear that many people guess wrong. When they think the market is already very low, they start to buy. Then the market continues to drop Sylvia: In that case you will lose your shirt. But to make money, you have to take changes Gregory: Hmm, I'm not much of a gambler Sylvia: So you probably want to stick to blue chip stocks for a guarantee return on your Investment Gregory: That sounds right up my alley Gregs gory is thinking about getting into the stock market and wants to know how to buy stocks Sylvia say the market is low, so prices are probably pretty good. Gregory sees it is high time to enter the market Sylvia Suggest speculating, which means buying stocks that go up quickly and then selling <ly for a fast prof Gregory finds it risky because stocks that go up fast also tend to go down fast Sylvia says that he has to guess how high they will go and then sells when he thinks they re Gregory hears that many people guess wrong. When they start to buy, the market continues to Sylvia says that, to make money, he has to take changes Gregory admits that he is not much of a gambler Sylvia suggests that he stick to the blue chip stocks for a guaranteed return on his Investment Discussion A: I'm renting an apartment If you go on like this, I'll never have an apartment of my own. So I'm thinking buying an apartment, but I dont know whether it's good time to invest in operty B: Soon it'll be high time to buy houses. There's been good news for buyers lately A:What’sit B: in the light of the speculative investment in real estate, the government has recently issued a umber of rules. For example, those who sell newly-bought apartment have to pay a tax. So probably fewer people are willing to speculate in the real estate market, and the housing prices will drop A: I have to wait and see. I would be glad even if the prices just remain stable. Any other good B: Some people propose bypassing the real estate developers. They want to pool their funds to build their own apartment buildings. In this way they can cut the costs by a big margin A: Sounds interesting, though I'm not sure if it's practical. About when do you think I should buy an apartment?Sylvia: You just have to guess how high they’ll go, and then sell when you think they are about to come down. If you guess right, you can make lots of money in the blink of an eye. Gregory: But I hear that many people guess wrong. When they think the market is already very low, they start to buy. Then the market continues to drop. Sylvia: In that case you will lose your shirt. But to make money, you have to take changes. Gregory: Hmm, I’m not much of a gambler. Sylvia: So you probably want to stick to blue chip stocks for a guarantee return on your investment. Gregory: That sounds right up my alley. Gregory is thinking about getting into the stock market and wants to know how to buy stocks. Sylvia say the market is low, so prices are probably pretty good. Gregory sees it is high time to enter the market. Sylvia Suggest speculating, which means buying stocks that go up quickly and then selling quickly for a fast profit. Gregory finds it risky because stocks that go up fast also tend to go down fast. Sylvia says that he has to guess how high they will go and then sells when he thinks they’re about to come down. Gregory hears that many people guess wrong. When they start to buy, the market continues to drop. Sylvia says that, to make money, he has to take changes. Gregory admits that he is not much of a gambler. Sylvia suggests that he stick to the blue chip stocks for a guaranteed return on his investment. Discussion A: I’m renting an apartment. If you go on like this, I’ll never have an apartment of my own. So I’m thinking buying an apartment, but I don’t know whether it’s good time to invest in property. B: Soon it’ll be high time to buy houses. There’s been good news for buyers lately. A: What’s it? B: in the light of the speculative investment in real estate, the government has recently issued a number of rules. For example, those who sell newly—bought apartment have to pay a tax. So probably fewer people are willing to speculate in the real estate market, and the housing prices will drop. A: I have to wait and see. I would be glad even if the prices just remain stable. Any other good news? B: Some people propose bypassing the real estate developers. They want to pool their funds to build their own apartment buildings. In this way they can cut the costs by a big margin. A: Sounds interesting, though I’m not sure if it’s practical. About when do you think I should buy an apartment?