Rebirth of the Financial Crisis Sweeping the World

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

It's been pretty busy lately.

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

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

After falling asleep, it was 5:30 in the afternoon.

My parents are back, and my uncle is there too.

His mother, Mo Yunzhen, was cooking in the kitchen, while his father, Wang Junming, and his uncle, Wade Zhou, were sitting on the sofa, drinking good Longjing tea and chatting.

"Guanxi, wake up." Wei Dezhou took out a gift and gave it to Wang Guanxi.

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

Now his father Wang Junming and his cousin Wei Dezhou have turned their lives around. They have shorted 120 lots of the Lushen 300 Index, and the opening position is 4070. One point of fluctuation is 36,000 RMB.

Now the Lushen 300 Index has fallen to 2800, and the account has a floating profit of 45.72 million yuan.

"Haha, of course." Wade Zhou said proudly, "This time it's finally developed."

Wang Junming also said: "Your old retail investor has finally won against the banker."

Wade Zhou laughed: "Those dealers are also human, and even human beings make mistakes, and they will lose money."

"Of 10 dealers, 8 lose money this year"

Then he turned on the news and said with a smile, "Look!"

At this time, a piece of news, headline party.

[383 fund managers lost more than 1 trillion yuan]

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

They are well-informed, each of them holds billions or tens of billions of funds in their hands, they seem to know a lot of unknown market secrets, and they can accurately grasp the good opportunities to buy and sell stocks. Surrounded by fanatical admirers, they talked freely.

Every word they say is worth a fortune, and their audience pays rapt attention, lest they lose their chance to make a fortune by missing important information.

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

The only regret is that an epoch-making event happened to them, but it is not enviable. In the first half of 2008, their overall loss was as high as 1 trillion yuan, which exceeded the total profit of the 169 central enterprises that are the backbone of the national economy in 2007.

"These guys, aren't they all losing money?"

Wade Zhou poured a cup of tea with a smile on his face, and drank it leisurely.

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

Wei Dezhou said in a very positive tone: "Of course it is true. The stock price has been falling, and the market value of the stock market is constantly shrinking. They hold so many stocks, who are they selling to?"

Wang Junming nodded and said with a smile: "Such a huge stock needs to be cashed out, which requires a huge amount of funds, and retail investors who go to buy bottoms, how much money can they have, are not enough to fit their teeth."

Wang Guanxi also said: "However, the market has gone up after many adjustments and corrections. Every time there is a correction, retail investors enter the market, and then buy the bottom halfway up the mountain. Many retail investors are hooked into the market and become high-level pickers."

If I remember correctly, the stock market will be in a downturn for several years in the future. Many old investors who bought stocks in 2007 and 2008,

They have been covered for several years.

Wei Dezhou said a little swollen: "What is the banker? This time the market has fallen so much. I don't know how many institutions have suffered terrible losses. We just lie down and make money. Now that the economic situation is getting worse, the Lushen 300 Index will definitely fall to the bottom. Below 2000 points, we can at least earn more than 70 million by that time, old watch, this time we will buy Shenfang Industrial Group, which is about to go bankrupt, it will be a piece of cake."

When it comes to the acquisition of Shenfang Industrial Group, Wang Junming is also very excited. Recently, the company has reached the verge of bankruptcy, and the daily expenses are very large. People from the bank and suppliers often come to the company to ask for money. The boss Zhou Hongtian borrowed money everywhere. The debt is heavy, but the company is a bottomless pit that cannot be filled at all.

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

As he spoke, he excitedly picked up the teacup, took a sip and said, "I've been working for half my life, this time I'm about to stand up."

I get excited when I think about it, I never thought it would be so easy to make a fortune by trading stock index futures, and I can make so much money if I do it right once.

"Haha, yes, old cousin, we will be the bosses in the future." Wei Dezhou said to Wang Guanxi again: "Guanxi, you are also the second generation rich."

This time he will make a lot of money on the Lushen 300 Index, which is completely beyond his expectation, but he finally made a fortune, and this kind of opportunity to make a fortune happens once in 10 years.

Upon hearing this, Wang Guanxi smiled and said, "That's really an honor, a great honor."

At this time, I saw another news.

[Shenzhen real estate speculators went bankrupt due to falling house prices and once hoarded 69 houses with assets worth hundreds of millions]

From 2006 to June 2007, in the turbulent wave of rising housing prices in Shenzhen City, they went crazy with housing prices in the back and forth of house reselling, and became one of the main driving forces behind the rising housing prices. Now, the tide has receded, and now the overall housing prices in Shenzhen have fallen by more than 30%, and most real estate speculators have become naked swimmers.

The name of this house speculator is Li Dong.

Wang Guanxi couldn't help sighing: "It's really sad."

Wei Dezhou said: "I know this guy, he failed in real estate speculation, hey, he took a loan to speculate in real estate, and now he lives in a rented house at 300 a month."

"This guy is a typical example of being trapped in the real estate market and dying suddenly. Not long ago, he was a real estate speculator with billions of assets, but now he has become a poor family."

"Before, real estate speculation in Shenzhen was really profitable. I heard from Li Dong that some houses had zero down payment, and the monthly payment was lower than the rent. He made a lot of money with his 400,000 savings."

Then he talked about Li Dong's story.

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

In September 2006, Li Jindong, who had more than 50 houses in his hand, reached the pinnacle of his real estate speculation career, and lived a noble life. There are people who drive to pick him up, and he goes to restaurants every day to celebrate the New Year's Eve, which makes Wade Zhou very envious, and regrets that he speculated in stocks instead of real estate.

But now Li Dong is on his knees, and the 69 suites have returned to zero. Wade Zhou is also very thankful that he didn't speculate in the real estate at the beginning, and if the real estate speculation increases leverage, it will be very easy to end.

Wang Guanxi smiled and said: "House speculation is still very profitable, that is, sell it at a high price and buy it at a low price, just like stock speculation. If Li Dong can resist, these 69 houses will be worth a lot of money in the future, and the house price will continue. skyrocketing"

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

Then he analyzed it, and said: "The houses in Hong Kong are small and expensive, and the houses in Shenzhen are big and cheap now. In the future, they will definitely catch up with Hong Kong's house prices. When the time comes, buy a few more houses and wait for the house prices." Skyrocketing, making a lot of money, to be honest, I feel that working part-time all my life is not as good as buying a house and investing in money.”

Wang Guanxi did not expect his cousin to be really rich in investment. Indeed, housing prices have risen rapidly. For ordinary people, if they buy a few houses in Shenzhen and Lu, they will really earn a lot of money in the future.

At this time, Mo Yunzhen came over, put the cooked dishes on the table, and said, "I heard that the housing prices in Shenzhen have started to drop sharply in many places."

Wang Junming said: "Yeah, I heard that many real estate speculators are very sad now. I don't know how the house price will fall. I am worried that I will buy it halfway up the mountain."

Wei Dezhou thought for a while and said, "What are you afraid of? After we finish this Lushen 300 Index, we will buy two houses and live there."

"By that time, house prices should be very cheap. Many people who borrowed money to speculate in real estate are doomed, and house prices will continue to fall. When it falls to the bottom, we will go to buy houses at the bottom."

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

He will mainly be in four places in the Mainland in the future, Shenzhen, Lushi, Nanjing, and Guangzhou. In these places in the future, buying a Daxia will not only collect rent and property fees, but also increase the value.

The global economic crisis will come soon, and he will make a lot of money at that time. According to his investment expectations, Penguin Group, BYD Auto, and Amazon will all have to spend a lot of money. It is estimated that he has no money to buy a building, but he can buy it with a loan. Building, after the economic crisis, the mainland’s economy will be very, very booming. The building can get a lot of money from rent collection and property fees, which is completely enough to repay the bank’s interest principal. After 10 years, the cost can be recovered and a building can be obtained for free. It's just picking up money.

For example, ask a bank for a loan of 1 billion. This loan is long-term. For 10 years, assuming a fixed annual payment of 4% interest, the interest will be 400 million in 10 years. After 10 years, the house price may double. , 1 billion becomes 3 billion, or even 4 billion.

The principal plus interest is 1.4 billion.

Can buying a building make money steadily?

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

But now is to make money quickly, and make enough money before the global financial tsunami hits.

Wei Dezhou smiled and said: "Indeed, real estate speculation is the same as buying stocks. Hehe, this year is a nightmare for many people, but it is a year of prosperity for us."

"Old cousin, don't you think so?"

Wang Junming smiled and said, "Haha, of course, this year is our fortune year.'

As he spoke, he took out a cigarette, and the two smoked.

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

Last week, he shorted 5 million shares of China Resources Beer at 30.00, earning HK$75 million.

At that time, the stock price fell to the 14.00 position

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

He was given another chance to short.

When the market opens on Monday tomorrow, if the stock price reaches above 25.00, he will continue to short!