Chapter 30: The Flood of Banknotes
With these bonuses, Lin Chen's funds are much more abundant. In addition, there were originally more than 2 million yuan, although it was only more than 200,000 US dollars, a total of more than 2.5 million US dollars. On the basis of high back, there will also be a high harvest.
With funds, under the guidance of Zeng Wen, he opened an account in the securities exchange. Unlike the lively people, although Lin Chen didn't study the stock market much in another time and space, he could find out which stocks would rise at this time and how much they would rise or fall, and this was enough.
After opening the account, Zeng Wen is there, and the operation will be handed over to him. took out a large number of documents from the briefcase and showed them to Lin Chen, this is the estimated line for analyzing the trend of each stock, and there are various analyses in it.
Lin Chen took a look, and most of the analysis in it was the so-called expert evaluation data. There is no need to think about it, most of these experts are invited to drag their children, and after being bought by some companies, they issued a document to support these stocks, and they are optimistic that the shares of these companies have the potential to rise.
Ignore these, just ignore them and stare at the broader market, although some of these data are indeed as good as historical, but a large part of them still do not perform well.
Last night, Lin Chen used his mobile phone to check the stocks that would perform well in the future. That is, I used the software to check the historical record, and the price of the minute was detailed in it, which was enough.
From June 2 to June 5, 1994, the Hang Seng Index fell from 11,300 points to 9,050 points, the market was worried that a new stock market crash was about to trigger, and the market hoped that the market could rebound next Monday, and finally on June 7, 1994, the Hang Seng Index rebounded throughout the day, rising nearly 4,000 points to close at 13,000 points, which is known as the Great Miracle Day in history.
Of course, this has never happened in history, and the Hang Seng Index fell from a high of 10,019 points in early September 1994 to 6,893 points at the end of January 1995, a cumulative decline of 31% in five months.
But in the following three years, the Hang Seng Index rose 144% to a maximum of 16,820 points, which can also be called a miracle. However, in less than a year, due to the Asian financial crisis, the Hang Seng Index fell back to where the miracle began.
This will be 95 years, the Xiangjiang stock market happened to usher in a long-term rise, if the investment is long-term, it is also very good, but Lin Chen is anxious to fill the hole in his family with money, so he can only choose to do short-term and gain benefits between the shocks of various stocks.
After Zeng Wen gave Lin Chen the stock market analysis documents he had sorted out, he knew that Lin Chen couldn't understand it, after all, the mainland's stock market had only developed, and there were too few people who knew how to do it, so he had to wait for Lin Chen to be sure, so that he could completely hand over the funds to himself.
Economists generally directly accept entrusted funds, under the premise of good profit reputation, customers do not care which stocks are required to do, only how much income is required every month and every year.
On the other hand, the client entrusts the broker to specify the purchase of certain stocks, which is the client's optimism and purposeful purchase, and only allows the broker to operate on his behalf.
Zeng Wen naturally does not want the second situation to happen, as an economic person, he can achieve the results of his own analysis by mastering greater independence in the use of funds, not to mention the training experience, and there is also a difference in the proportion of commissions.
However, it is obvious that Lin Chen will adopt the method that Zeng Wen is most unwilling to do. "Brother Zeng, the trend in the market is similar to what I analyzed, this is the stock I want to buy, buy it according to the above."
Lin Chen took out an A4 piece of paper, which was full of the company's name, as well as which stocks were bought when and at what price, all of which were roughly written.
Zeng Wen's face was a little unnatural, he didn't expect Lin Chen to choose stocks by himself, and he also evaluated the time and price. I really can't believe that these stocks can perform well, and I can't realize my talent, so I just be a trader.
I was a little disappointed, but I didn't refuse, and looked at which companies were, Cheung Kong Industrial, Sun Hung Kai Properties, Hang Lung Properties, and Hopewell Industries...... Some of these are indeed promising.
But some of them are obviously mediocre, and it can be seen from here that Lin Chen is really a newcomer. Whoever makes the funds belong to others, and it is not easy to force others to buy how they want, but as a broker, I still have to be reminded.
"Brother Lin, Cheung Kong will naturally have a good performance, these companies are relatively good, and everyone is optimistic. But most of your performance on this list is average, and the risk is relatively large. ”
Painstakingly persuading Lin Chen, Zeng Wen took out all kinds of data, but none of them pointed to these mediocre companies. Choose a large company with good efficiency, who won't know, it will definitely not lose, and Zeng Wen is not worried.
But there are only a few of these big companies, and the others are general listed companies, who knows what will be done in the future, and if you accidentally get into it, you will lose your reputation.
Lin Chen will naturally not be affected by Zeng Wen's few words, and he can buy it as he wants. "These stocks are relatively optimistic, and the trend and time price are estimated in it, so let's do it according to the above."
The selected 13 stocks are the ones that have risen the most recently, how could Lin Chen replace them. And since January this year, the market has been running upward for three consecutive years, and even if there are changes in history, it is impossible to lose.
But is history so easy to change, and no one can imagine how strong the healing force of the world is. Seeing that Lin Chen insisted on operating these stocks, Zeng Wen didn't say anything anymore.
When the situation is out, you will come to yourself to analyze the stocks that you are optimistic about. Soon, Zeng Wen bought 13 stocks according to Lin Chen's request, a total of 2.5 million US dollars, and Lin Chen almost threw the bonus and all his belongings into it.
For the market with hundreds of billions of transactions, Lin Chen invested this amount of money, and the waves disappeared without turning a single turn. After dealing with it, just wait until the time to sell and earn the difference.
A few days have passed, and several shots have already been made. Zeng Wen didn't believe it at all at the beginning, and then he was so excited that he was almost numb. Almost when Lin Chen conceded a certain stock, it was a very high increase, and the time was well controlled.
Some rose by 4 percent in one day, some by 7 or 8 percent, and some by more than 20 percent in two days, and the profits from changing hands soared, and in just a few days, the funds on the account were 5 million US dollars, Zeng Wen couldn't believe his eyes.
From time to time, I muttered, is this my own operation, it's too godly. Zeng Wen has a good income on which stock he buys, and he is already well-known in the circle of acquaintances on the exchange.
It's not good to operate too much of the same account, under the suggestion of Zengwen, open more accounts, avoid identity, and use this account to continue to operate, or it won't be long before Zeng Wen will be popular all over the exchange.
This is not within Zeng Wen's ability, in case others look for him, but there is no corresponding income, I am afraid that he will soon fall off the altar, for the time being, it is better to maintain Lin Chen, the customer, and let the gang choose some stocks in the future.
A month has passed, and Lin Chen's books have 9 million US dollars, and of course, some of them are in the stock market, as long as all the positions are cleared, he can carry so much money and become a rich man.
But how could Lin Chen enjoy a dull life, he had to continue. It took a month to more than triple the amount, which feels a little slow, and the factories in the mainland are still waiting to use money to buy equipment for research and development.
If others know Lin Chen's thoughts, they have to spray Lin Chen, and you will more than triple it in a month, so what do those who only have five percent profit think, and what do those who lose money think about it.
When Lin Chen disliked making money slowly, Zeng Wen was so excited that he hadn't slept well for a month, and he took the list given by Lin Chen every few days, which was rising, rising, rising, that feeling of being happy and floating in the clouds.