In the afternoon, Wang Guanxi returned to Queen's Community.

I've been quite busy lately.

Make money in the stock market, drink and socialize, and make business plans.

This weekend afternoon, I have to have a good rest at home.

This time I slept, it was 5:30 pm.

My parents are back and my cousin is here too.

Mother Mo Yunzhen cooks in the kitchen, while father Wang Junming and cousin Wei Dezhou sit on the sofa, drinking the best Longjing tea, and talking loudly.

"Guanxi, you're awake." Wadezhou took out the gift and gave it to Wang Guanxi.

"Uncle Xie" Wang Guanxi took over and asked, "Have you made a lot of money in your account recently?"

Now his father Wang Junming and cousin Wei Dezhou have reversed their lives. They shorted the Lushen 300 index 120 lots, and the position is 4070, with a fluctuation point of 36,000 yuan.

Now the Lushen 300 index has fallen to 2,800, with a floating profit of 45.72 million yuan in the account.

"Haha, that's of course," Wadezhou said with a proud look: "This time I finally developed."

Wang Junming also said: "You old retail investor finally won the dealer."

Wadezhou laughed: "Those dealers are also humans, they make mistakes and they will lose money."

"10 dealers, 8 of them lost money this year"

Then he opened the news and smiled and said, "Look at it!"

At this time, a news, the title party.

[383 fund managers lost more than 1 trillion yuan]

The Shanghai Composite Index fell from the high of 6124 in October last year to around 2800 points in June this year, with a drop of more than 50%. The fund manager, known as the pride of heaven, suffered an overall loss of up to one trillion yuan in the first half of 2008. What happened during this period?

They are knowledgeable and each of them has billions and tens of billions of funds at hand. They seem to know a large number of unknown market secrets and can accurately grasp the opportunity to buy and sell stocks. They always talk in public under the surroundings of many fanatical admirers.

Every word they say is worth a fortune, and their audiences are all focused, fearing that they will lose their chances of making money by missing important information.

They are fund managers known as the pride of heaven, and they are considered mysterious and omnipotent.

The only regret is that something epoch-making happened to them, but it is not worth envious. In the first half of 2008, they lost as much as one trillion yuan, exceeding the total profits of 169 central enterprises, which are the pillars of the national economy, in 2007.

"Are you all losing money, these guys?"

Wadezhou poured a cup of tea with a smile on his face and started drinking leisurely.

Wang Junming is not a professional, so he couldn't help asking: "Is this true or false? Is it a loss of 1 trillion?"

Wadezhou said in a very affirmative tone: "Of course it's true. The stock price has been falling, and the market value of the stock market is shrinking. They hold so many stocks, who should they sell to?"

Wang Junming nodded and smiled: "That huge stock needs to be cashed out, and it requires huge amounts of funds. How much money can retail investors who buy at the bottom have? It's not enough to get stuck in the gaps."

Wang Guanxi also said: "But after many adjustments and pullbacks, retail investors entered the market and then bought at the bottom halfway through the mountain. Many retail investors were hooked into the market and became high-level buyers."

If you remember correctly, the stock market will be sluggish for several years in the future. Many old investors who bought stocks in 2007 and 2008 were trapped for several years.

Wadezhou said a little inflatedly: "What is the dealer? The market has fallen so much this time. I don't know how many institutions have lost a terrible loss, so we just make money. Now the economic situation is getting worse. The Lushen 300 index will definitely fall below 2,000 points. At that time, we can make at least 70 million yuan. My cousin, it is easy for us to acquire the Shenzhen Textile Industry Group, which is about to go bankrupt. "

Speaking of acquiring Shenzhen Textile Industry Group, Wang Junming was also very excited. Recently, the company has reached the verge of bankruptcy and the expenses are very large every day. Bankers and suppliers often come to the company to ask for money. The boss Zhou Hongtian borrows debts everywhere and is already heavily in debt, but the company is just a bottomless pit and cannot be filled at all.

"I'm waiting to be the boss this time, haha"

As he said that, he picked up the teacup excitedly, took a sip and said, "I have been working for half my life, and I am going to turn over this time."

I was excited when I thought about it. I didn’t expect that stock index futures can make money so easily, and I made so much money by doing it right.

"Haha, yes, cousin, we will be the boss in the future." Wadezhou said to Wang Guanxi again: "Guanxi, you are also a rich second generation."

This time I will make a lot of money on the Lushen 300 Index, which was completely unexpected to him, but I finally got rich. This opportunity to make money once in 10 years.

When Wang Guanxi heard this, he smiled and said, "That's really honorable and glorious."

At this time, I saw another news.

[Shenzhen market real estate speculators went bankrupt due to falling housing prices and once stocked up 69 houses with assets of over 100 million yuan]

From 2006 to June 2007, in the surging wave of rising housing prices in Shenzhen, they went crazy with housing prices while reselling houses back and forth, becoming one of the main drivers behind the rise in housing prices. Now, the wave has receded, and now the overall housing prices in Shenzhen have fallen by more than 30%, and most real estate speculators have also become naked swimmers.

The name of this real estate speculator is Li Dong.

Wang Guanxi couldn't help but sigh: "It's so sad."

Wadezhou said, "I know this guy. I have failed to speculate in real estate. Alas, I have borrowed a loan and I am now living in a rented house of 300 yuan a month."

"This guy is a typical example of sudden death caused by the real estate market. Not long ago, he was a real estate speculator with billions of assets, and now he has become a poor family."

"I used to make money by speculating in the Shenzhen Stock Exchange. I heard from Li Dong that some houses have zero down payments, and the monthly payment is lower than the rent. He made a lot of money with his savings of 400,000 yuan."

Then he told Li Dong's story.

In 2004, I bought more than a dozen buildings with my friends, and then in early 2005, the hype began to prevail. First, developers raised prices, followed by real estate agents and became active, coupled with the rapid economic growth.

In September 2006, Li Jindong, who had more than 50 houses in his hand, reached the peak of his career in real estate speculation and lived a noble life. He had millions of cash at any time, so he was free and easy. He drove to pick him up wherever he went every day. He went to the restaurant to celebrate the New Year every day. That made Wei Dezhou very envious. He regretted his stock trading and did not go to the real estate speculation.

But now Li Dong has knelt down and the 69-suite apartment has been reduced to zero. Wei Dezhou is also very glad that he did not go to speculate in the real estate market at the beginning. If he speculates in the real estate market, it is very easy to end.

Wang Guanxi smiled and said: "It's still very profitable to speculate in real estate. It's just selling at a high level and buying at a low price. Just like stock trading, if Li Dong can withstand these 69 units, the house price will continue to soar in the future."

"Haha, Guanxi, let your dad buy more houses in Shenzhen Stock Exchange in the future." Wei Dezhou said with a smile: "I also think that the housing prices in Shenzhen Stock Exchange will continue to soar in the future."

Then he analyzed it and said: "Houses in Hong Kong are small and expensive, and houses in Shenzhen are now big and cheap. They will definitely catch up with Hong Kong's housing prices in the future. When you buy a few more houses, you will wait for the house prices to soar and make a lot of money. To be honest, I feel that working for a lifetime is not as good as the money earned by buying a house and investing in a house."

Wang Guanxi didn't expect that his cousin was really full of investment vision. It was true that housing prices rose very quickly. For ordinary people, buying a few houses in Shenzhen and Lu markets will really make a lot of money in the future.

At this time, Mo Yunzhen came over, put the prepared dishes on the table, and said, "I heard that many places in Shenzhen stock market have begun to fall sharply."

Wang Junming said, "Yes, I heard that many people who speculate in real estate are very sad now. I don't know what the housing prices will fall. I'm worried about buying them halfway up the mountain."

Wei Dezhou thought for a while and said, "What are you afraid of? When we finish this Lushen 300 Index, we will buy two houses, where will we stay?"

"The house prices should be very cheap by then. Many people who use loans to speculate in housing are over, and housing prices will continue to fall. Once they fall to the bottom, we will go to buy the house at the bottom."

Wang Guanxi said: "Yes, you can enter the market to buy at the bottom when the housing prices fall to the bottom, just like buying stocks."

In the future, he will mainly be in four places in the mainland, Shenzhen Stock Exchange, Lu City, Nanjing, and Guang City. In the future, buying a building in Daxia will not only collect rent, property fees, but also increase value.

The global economic crisis is coming soon, and he will make a lot of money by then. According to his investment expectations, Penguin Group, BYD Auto, and Amazon all have to spend a lot of money. They probably don’t have money to buy buildings, but they can buy buildings with loans. After the economic crisis, the mainland economy will be very hot. The building can collect rent and property fees, which is enough to pay the bank interest principal. After 10 years, they can recover the cost and get a building for free, which is simply a pick-up.

For example, if you ask a bank to borrow 1 billion, the loan is long-term. In 10 years, if you pay a fixed interest of 4% every year, the interest will be 400 million in 10 years. However, in 10 years, the housing price may double, and 1 billion will become 3 billion, or even 4 billion.

And the principal plus interest is 1.4 billion.

Can you make money unsteadily by buying a building?

Thinking of this, Wang Guanxi couldn't help but look forward to it. He really wanted to borrow 10 billion yuan in the future, and where to buy ten buildings in Shenzhen, Guangshi, and Lushi.

But now we have to make money quickly and make enough money before the global financial tsunami comes.

Wadezhou smiled and said, "Indeed, speculating in real estate is like buying stocks. Hehe, this year is a nightmare for many people, but for us it is a financial year."

"Cousin, you said no?"

Wang Junming smiled and said, "Haha, of course, it's our financial year."

As he said that, he took out his cigarette and then the two of them smoked it.

After dinner, Wang Guanxi opened the stock trend chart of China Resources Beer Group.

Last week, he shorted 5 million shares of China Resources Beer at 300.00, making HK$75 million.

The stock price fell to 14.00 at that time

After he closed his position, large funds entered the market and pulled the stock price to 20.00.

He gave him another chance to short.
Chapter completed!