"I announce that the venue of the XXIX Olympiad will be Beijing!"

At 10 p.m. on July 13, 2001, Samaranch, then president of the Olympic Committee, announced in a majestic voice that Beijing had won the right to host the 2008 Olympic Games.

The news was transmitted to thousands of households in China through live TV signals for the first time, and the whole country rejoiced!

And on July 14 of this month, the day after Beijing's successful bid for the Olympic Games, Sun Haoyang's parents signed their names on a 138-square-meter commercial housing purchase contract worth 600,000 yuan.

The down payment amounted to 180,000 yuan, and nearly 100,000 yuan was spent on various taxes and decorations, and the total cost of buying more than 200,000 yuan basically emptied the funds in Sun Haoyang's stock account.

What followed was naturally the expected decline of Sun Haoyang.

"Diving, diving, the market is diving again!" Sun Haoyang looked at the time-sharing trend of the Shanghai Composite Index displayed on the computer screen, and was extremely excited.

After two years of continuous gains, China's red-hot stock market finally cooled down after the Shanghai Composite Index soared to a historic high of 2,245 points, and began a long downward trend.

Autumn arrived, and as the weather cooled, stocks in China's stock market began to fall mercilessly, like fallen leaves in the autumn wind.

As the so-called defeat is like a mountain, Chinese shareholders have a very strong herd mentality, and it is commonly known as "rolling and making trouble" in Shanghainese. Once the downward momentum of the broader market has formed, everyone begins to sell in panic regardless of the cost.

China's stock market is once again littered with corpses, and it is extremely tragic.

In just half a year, the plummeting stock price has completely cannibalized all the efforts made in the bull market over the past two years.

It's back to square one. And this is just the beginning of this big bear market in the future......

Sun Haoyang watched the downward trend of the Shanghai Composite Index with great pride, and was very proud in his heart.

He couldn't help but be proud of himself.

After so many years of securities knowledge, the hard work has finally paid off handsomely. Sun Haoyang single-handedly saved the family through his ingenuity at the most critical moment!

But can things really be that simple?

Sun Haoyang thought that he had changed his fate. But it is ironic that the wheel of history is still running according to its original trajectory.

Although Sun Haoyang's family bought a house and siphoned off almost all the stock speculation funds, his father did not withdraw from the stock market because of this.

In the two years when China's stock market was bullish, Sun Ce successfully speculated the 60,000 yuan in the account into 240,000 yuan, making a profit of 400%.

How could he be willing to withdraw from the stock market so easily at this glorious moment?

The severe blow in 1994 caused Sun Ce's status in the family to plummet, and he urgently needed some means to save his family status.

A profit of 180,000 yuan in the two-year bull market has boosted his family's popularity, but that alone is not enough.

Sun Ce's current profit is not enough to make up for the mistakes he made seven years ago. In order to completely turn himself around, he also needs to make more money from the stock market.

"If you work hard, you must at least earn 400,000 yuan from the stock market, and then pay off the loan to buy a house in one go." This is the thought of Sun Haoyang's father.

In his opinion, only in this way can he undo the mistakes he made back then.

However, all the funds in the stock account have been withdrawn to buy a house, and Sun Ce no longer has the capital to speculate in stocks.

Sun Ce, who was carried away by the victory, once again started the idea of borrowing money.

Soon, he borrowed 120,000 yuan from several colleagues in the name of buying a house to pay a down payment.

His idea is very simple, since he has quadrupled the assets in his account in the past two years, as long as he draws a gourd in the same way and quadruples the 120,000 yuan he borrowed, he will not be able to pay off the loan he owes in full.

The idea is beautiful, but the reality is cruel.

Just as Hitler and Napoleon both lost to the cold ice fields of Siberia, Sun Haoyang's father was also unsurprisingly planted in the bitterly cold bear market again.

In the second half of 2001, China's stock market ended its two-year bull market and began to slowly bear the road.

And the assets in Sun Ce's stock account also began to shrink rapidly. By the end of the year, the original 120,000 yuan in the account was quickly cut in half, and the loss was less than 60,000 yuan.

Sun Ce, who lost a red eye, was once again knocked down by the ruthless stock market!

In 2002, China's stock market fell to a freezing point, and Sun Ce's account of 120,000 yuan, which had been filled by borrowing money, lost 30,000 yuan!

In the two-year bull market, Sun Ce quadrupled the assets of his stock account; One year in a bear market, he lost three-quarters of his stock account by three-quarters.

If it weren't for Sun Haoyang's efforts to move the funds out of the stock market in advance, Sun Ce would have been tossing in the stock market for three years, and he would have worked for a securities company.

So Sun Haoyang very much agrees with a famous quote of Warren Buffett: Only when the tide is low do you know who is swimming naked.

No matter how brilliant your record in a bull market is, if you haven't lived through the Great Bear Market, it's still unknown.

After seven years, there are once again debt collectors coming to the door, which is a difficult thing to describe in words.

This year, Sun Haoyang was engrossed in preparing for the college entrance examination, and Sun Haoyang's mother didn't want this incident to affect Sun Haoyang's studies.

Coupled with the continuous growth of income, although 90,000 yuan in this era is not a small amount, it is nothing compared to the debt of more than 200,000 yuan in 1994.

So this disaster, which might have caused peace at home, was simply revealed.

The final result was just for Sun Haoyang's father to write a letter of guarantee, promising not to borrow money to speculate in stocks and to freeze his stock account.

The post-80s generation is a tragic generation.

College Entrance Examination! Thousands of troops crossed the single-plank bridge. If you can't get by, you can only be a subordinate, and in the past, you have just obtained the qualification to become a master.

The review questions as high as the mountain, the dazzling countdown sign in front of the classroom, studying and studying again in the dark......

Of course, hard work will pay off in the end. Chinese 118, Mathematics 138, English 106, Physics 146, comprehensive 25, a total score of 533 points (out of 630 points), this is Sun Haoyang's college entrance examination results.

This year, the score line of the first science subject of the Shanghai college entrance examination was 456 points, and Sun Haoyang was admitted to the Department of Economics of Shanghai University of Finance and Economics with a score of 77 points higher than the score line of the first class.

Although the name of Shanghai University of Finance and Economics seems to be just a local university, it is in terms of comprehensive strength. In terms of finance and economics majors alone, the reputation of this school is even more famous than that of famous schools such as Jiao Tong University and Fudan University in Shanghai.

Finally, Sun Haoyang looked forward to the admission letter of Shanghai University of Finance and Economics. And he also officially began to learn formal financial knowledge.

This book was first published from 17k, the first time to see the genuine content!

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