Chapter 79 5.19 Quotes
Listening to his father's words, Ma Xiaodong sighed, maybe he has low culture and little knowledge, even if he is reborn to make money, it is not so easy for others to make money, think about reading those online novels in his previous life, why is it so easy for people to make money, writing novels, engaging in real estate, speculating in stocks... Wait, Ma Xiaodong suddenly had a flash of inspiration, his eyes suddenly lit up, speculating in stocks, why didn't he think of it? This is definitely one of the industries that make money the fastest. Pen ~ fun ~ pavilion www.biquge.info
In his previous life, Ma Xiaodong really got stocks, but at that time he didn't have much money in his hands, but who didn't eat dumplings during the Chinese New Year? Especially during the big bull market in 16 years, the whole people speculated in stocks, and at that time, the number of new accounts opened in the A-share market was millions every day, growing every day, and everyone was crazy like crazy.
In Ma Xiaodong's view, the biggest reason for this result is that you can finally self-help your home mobile phone Internet access. At that time, Ma Xiaodong can be said to be completely ignorant of stocks, before only in the 07 bull market, heard people around him say how to make money in stocks, although curious about things, feel very exciting, and want to give it a try, but at that time the minimum requirement for opening an account is to transfer 10,000 yuan to the account, where can Ma Xiaodong get 10,000 yuan?
But this time online self-service account opening is allowed, and there is no minimum account amount limit, Ma Xiaodong was immediately tempted, whether there is money to speculate, let's not talk about it, it is okay to rise and gain knowledge.
In fact, Ma Xiaodong has always been very interested in stocks, as a waste wood otaku, there are definitely not many things that can make him feel a little passionate and exciting, except for the 300G video in the hard disk, the stock is definitely one, the kind of buying low and selling high, similar to the feeling of gambling, is very attractive to Ma Xiaodong.
So, he took his mobile phone, found a place with a free wireless signal, downloaded a stock trading software, and opened a stock account for himself. Everything went well, the account was opened, Ma Xiaodong unexpectedly found that although he had no money to speculate in stocks, this software brought a virtual account with a simulated experience, with an account amount of 200,000. You can toss it, it's virtual anyway, you can't make money, and you can't lose money.
So Ma Xiaodong decided to take the 200,000 yuan to practice first, just play a game, this thing is really interesting, looking at the money in the account, growing little by little, grass began to grow in his heart. After a week, the results were really good, 200,000 yuan, the blind cat made 5,000 yuan by touching the dead mouse, in fact, Ma Xiaodong didn't know at that time that the entire A-share market, more than 2,000 stocks, there were few that fell, if this can lose money, it will be pure luck to go home.
After making money from the virtual account, Ma Xiaodong couldn't help but put the only 5,000 yuan in his family into stocks, and then began to pour water and study in various stock Q groups.
The so-called bull market, is a cow to come over to speculate in stocks can make money, although Ma Xiaodong does not know much about stocks, but in this stage where any stock can rise, naturally there is a small harvest, 5000 yuan of capital, a week, actually earned more than 600 yuan, it can be said that luck is not bad.
But the good times didn't last long, my father was sick and hospitalized, and he was in urgent need of money, so in desperation, Ma Xiaodong had to sell his stock and see a doctor for his father. Who knew that soon after Ma Xiaodong sold the stock, the bull market ended, and what followed was a tragic plunge, on June 18, the Shanghai Composite Index from the highest point of 5124 points (I didn't check the information in this paragraph, I remember it too deeply.) In less than a week, it was directly cut in half, falling to a position of about 3,000 points, and the major blow directly knocked out ordinary retail investors.
The A-share market was suddenly gloomy, wailing all over the field, how many people went bankrupt, Ma Xiaodong also looked in a cold sweat, fortunately his father was sick... Fortunately, I sold the stock, otherwise, I would have been lucky to have 3,000 yuan left over from 5,000 yuan. However, what makes investors desperate is that 3,000 points is not the end, and there will never be a bottom when the market falls. It's like a joke circulating in the stock market. I thought that 3000 points was the floor and would not fall again, but I didn't expect that there was a basement under the floor, and there were 18 layers of hell under the basement, which made people desperate and couldn't see hope at all.
After experiencing this time, Ma Xiaodong has a little understanding of stocks, just like Warren Buffett said, 'I calm down when others are crazy', this thing is not something that ordinary people can touch, if you really want to buy it, then you have to have spare money, and it is best to put it in it and don't move, if you don't have anything to do, you can't help but operate it, and you not only can't make money by keeping it, but you also have to get in. And when the market is volatile, it's best for novices to stay away so as not to hit you.
The reason why Ma Xiaodong thought of stocks is entirely because of a thing that most people know, especially those who have read online novels, know that there was a big event in the stock market from 00 to 01 that is enough to go down in history, that is, the economic crisis caused by the collapse of the United States Internet million financial stocks.
From 95 to 00, investors have favored Internet finance, and continue to speculate, so that the stock value of companies with only a few cents of profit has increased hundreds of times, and everyone has begun to go crazy in this environment, coupled with the fabulous success of Yahoo Amazon in 00, more money has poured into the industry.
However, after madness, it must be perished, and the NASDAQ index has fallen from more than 4,000 points in 00 years to more than 1,000 points in 01 years, resulting in the bankruptcy of a large number of investment companies and Internet companies, and some companies have not even opened the newly bought computers, and they have gone bankrupt and liquidated.
As the world's economic center, the financial turmoil in the United States inevitably affected the world, and all Internet stocks have entered a long-term hibernation period.
However, these are still a little far from Ma Xiaodong, and it will take at least half a year to break out, but the law of the stock market is that before death, there will inevitably be madness, and now is the time for madness.
When he first entered the A-share market in his previous life, he naturally listened to the boasting of his predecessors, and Ma Xiaodong clearly remembered that in 99 years, it was the time of the big bull market in the A-share market.
99-01, when the country believed that the need to actively use the stock market to stimulate domestic demand, to solve the problem of state-owned enterprises out of difficulty, coupled with the crazy surge of Internet stocks, coupled with the high-level continuous release of favorable policies, take this opportunity, A shares from May 19, 99 began to soar sharply, which triggered a two-year bullish market, known as the 5.19 market bull market.