Chapter 530? Buying stocks with eyes closed
Chen Xia took a sip of water and added:
"The key point is that our country's economic development will only get faster and faster, and the construction costs will get higher and higher. So this time we will build 21 buildings first, which is very huge. But compared to inflation in recent years, we will not lose money in the future."
Chen Xia was telling the truth this time. He thought that 21 buildings were endless and were ready to be built in installments. Later, he suddenly thought of the terrible inflation in the 1980s and was afraid.
Starting from 1986 to 1988, the purchasing power of banknotes was getting worse every day.
By 1988, the price reached its peak. Even if you have money, you can’t buy anything, and the people dare not save money at all.
Chen Xia now has more than 50 million in cash, and the three factories of Pumpkin Vine Pharmaceutical Company are generating a large amount of profit every month.
Although this profit can be exchanged for US dollars and Hong Kong dollars, this will undoubtedly give the upper class a bad impression. If Pumpkin Vine wants to be a "patriotic Hong Kong businessman", it is best to share the joys and sorrows during the difficult time of the country.
To make money, when there is a chance to slowly transfer domestic profits to Xiangjiang in the 1990s.
So how to spend money now is a headache.
How much can Chen Xia and his family eat? How much can they use? Not to mention eating "five bowls of meat", even if they eat fifty bowls of meat a day, they can't finish it.
Spending tens of thousands a year is almost a manifestation of the number one prodigal son in Yuezhou.
In 1985, I could not buy land and invest in real estate. Otherwise, I would learn from a bad person in Xiangjiang and keep hoarding the land after purchasing it, and then sell it after it appreciates, and then exchange it for US dollars before flowing abroad.
Buy antiques?
According to Chen Xia's current purchase speed, if he buys it, almost all the antiques on the market will be in his hands. By then, the antiques will not be popular and the value will not increase. If he buys so many antiques, he will lose money to his grandma's house.
He has been asking Ying Yuanyue to buy only high-quality antiques in the capital, and not to buy ordinary antiques, so this road is also blocked.
The second is to acquire precious Chinese medicinal materials. He has been doing this. Now, in his space hospital, the most expensive Chinese medicinal materials are these precious Chinese medicinal materials.
However, these Chinese herbal medicines are not worth a lot in 1985, and they really can't spend much money and are far from catching up with Chen Xia's speed of making money.
The best way is also the way to spend money that Chen Xia, a reborn person, can think of, is to invest in the "house".
Since the real estate industry has not yet emerged and the land value has not been reflected, it is the best way to enclose more land in the name of Pumpkin Vine Company.
Whether it is the capital or the Shanghai Stock Exchange, there are crouching tigers and hidden dragons. Chen Xia does not have the courage to compete with these real dragons and real tigers for food. I am afraid that if the fat meat is not grabbed by then, they will bite off a piece of meat from his body first.
And it doesn’t matter if the small cities in the 18th tier like Yuezhou.
Not to mention that there are no local tyrants yet, even if there are, based on the Hong Kong background and the region and the province, is there any local tyrants who are more local than him?
The key is that although Yuezhou was only a second-tier city in later generations, the city has developed economy and trade, and the housing prices and land prices are worth a lot across the country, so it is definitely a piece of fragrant fat.
This time he asked for 350 acres of land, but in fact he built 21 buildings. With the addition of greening, 120 acres of land is enough. Why do the remaining 230 acres of land?
Of course, it's stockpiling.
What should people do if they don’t let them hoard? There are not too many excuses, such as the greening park inside the community, or the land reserves in the future, and preparing to build more residential buildings.
In addition, Chen Xia also has a little Jiujiu, which is next to the Luomenfan plot is the "Yuezhou No. 1 Textile Factory". This factory is about to be ruined, and it will be a matter of time before closing down.
By then, Chen Xia will acquire the bankrupt textile factory and build a new textile factory in Jinfei outside the city river. The hundreds of acres of land in the urban textile factory can be completely connected to the current plot.
This is a 500-600 acres of land at once. I am excited to think about it. This is an absolute excellent asset whether it is building a residential building, building a shopping mall, or learning to build a "Muda" commercial complex and a residential building.
If Chen Xia was a little shameless, he could learn from Lao Wang and mortgaged these sky-high shopping malls and residences to banks, and then exchanged them for US dollars and then transfer them abroad.
Look at the rich, are you smart? Do you have a house in China continue to appreciate in value, and then he will pay back the loan, and the mall will still be his.
If the domestic houses depreciate, he doesn't want this shopping mall or residence. Anyway, he has already obtained the US dollar, and it will be the bank that will lose, not the individual.
This wave of operations is not 6? So, people are the richest people, and we are all "lossed" and we can't afford the down payment.
Li Bingquan didn't know that someone was already wandering around and had planned what happened decades later, so he asked very kindly:
"Xiao Chen, is this tall building effective? Don't fall down then."
Chen Xia rolled his eyes quietly: "Li Shorthand, this skyscraper is not a rare thing. The bad-sized man was able to build high-rise buildings in 1888. At that time, we were still in the Qing Dynasty.
Even in our country, the first high-rise building was built in Yangcheng in 1922, with more than 10 floors. So there will be no technical problems, the key is money."
The problem is that Chen Xia is not short of money now. Three mainland pharmaceutical factories in Pumpkin Vine are continuously producing large amounts of profits, which are all cash cows.
As for the patent fees received by Xiangjiang, the turnover of Jade Jewelry, and the profits of Margrit Hospital and Pumpkin Vine Xiangjiang Pharmaceutical Factory, he is not going to invest in China.
That is to invest in Xiangjiang Real Estate, and to invest in US stocks, acquire famous liquors, etc.
Chen Xia does not understand economics, nor does he know when the US stocks and Hong Kong stocks, or oil futures will soar and when will they plummet. He has no way to buy short selling, and he is destined to not make any money.
But he knew Apple's stocks, such as Coca-Cola, Microsoft, Intel, and Amazon. Anyway, these huge companies have not gone bankrupt in the future, and the company's profits are amazing, and the stocks have doubled in succession.
For example, Apple's stock was about $0.39 per share in 1985, and how much is it in 2020, reaching $500 per share.
What other bicycle does Chen Xia want? Just buy this stock with his eyes closed, keep buying and buying, and become the largest individual shareholder. Is it a pleasure?
Even if you invest in diversified stocks, Coca-Cola, Microsoft, Intel, Oracle, Cisco and other stocks will buy them all, even if you remember one or two of them wrongly, you will lose a lot of money.
Chapter completed!