Chapter 31 Borrowing money to invest in stocks
"ha?"
Wang Yuanpeng was dumbfounded. He stared at Chen Jianghe for a long time and muttered, "Third brother, don't joke with me."
"No kidding."
Chen Jianghe is very serious.
"Boss, borrowing 5,000 is not a big deal. I only have a little over 30,000 in my card, and I still have to make it until the winter vacation." Wang Yuanpeng was in a dilemma. Although his family had a mine, he did not have a steady source of living expenses.
"Then lend me thirty thousand. I will pay you back thirty-two thousand including principal and interest in half a month." Chen Jianghe said straightforwardly.
Wang Yuanpeng remained silent, seemingly weighing the pros and cons.
"This is the first time I ask you to borrow money, and it may be the last time. Besides, I'm asking you to borrow money for your own good."
The first half of Chen Jianghe's sentence plays on the emotional card, while the second half is meaningful.
"Okay, I'll borrow it!"
Wang Yuanpeng gritted his teeth and agreed: "But brothers should settle accounts clearly. You have to write me an IOU."
"no problem."
Chen Jianghe nodded.
"Give me your card number and I'll go to the bank counter to transfer the money."
Wang Yuanpeng was cautious when it came to a five-digit sum of money, but he didn't waste time. After Chen Jianghe gave him the card number, he left without saying a word.
As the saying goes, rely on your parents at home and rely on your friends outside. If Chen Jianghe wants to accumulate capital quickly, the more than 10,000 yuan in Liu Dongliang's stock account and his own few thousand yuan are not enough. He must also take advantage of Wang Yuanpeng.
Chen Jianghe had two main purposes for borrowing money this time. One was to increase investment in the stock market, and the other was to empty Wang Yuanpeng's piggy bank. Men like to spend money when they have it, and once their pockets are empty, they will naturally become more focused.
With this wave of operations, Chen Jianghe not only raised a considerable amount of "gambling capital" for himself, but also fulfilled the instructions of his counselor, killing two birds with one stone.
After returning home from this vacation, his desire for money was magnified again.
Chen Jianghe wanted to make money while his parents were still young so that they could enjoy life earlier.
Having assets of over 100 million or being the richest man in eastern Guangdong are all too far-fetched. Let me set a small goal first. When I go home during the winter vacation, I will buy a piece of land in the village and build a new house for my parents!
"I'm sorry, Third Brother. I've been spending too much money during the holidays. I only have 29,000 yuan left in my card. I've transferred 28,000 yuan to you."
"Twenty-eight thousand is fine, and I'll pay you thirty thousand later."
Chen Jianghe seemed to have anticipated this, and he wrote the IOU in advance without filling in the loan amount and repayment amount. He only wrote down the specific amount after Wang Yuanpeng came back to confirm.
Wang Yuanpeng was also prepared. He took out a box of ink from his pocket, opened it, and said to Chen Jianghe with a smile: "Third brother, it's not that I don't trust you..."
Before he finished speaking, Chen Jianghe had already tapped the ink pad and pressed his fingerprint on the signature area of the IOU. He smiled and said, "Brothers should settle accounts clearly. I understand."
Wang Yuanpeng breathed a sigh of relief upon seeing this. To be honest, twenty-eight thousand yuan was not a small amount of money for him. If Chen Jianghe didn't have the leverage over him, he would never have easily lent him so much money even if he was his roommate.
Of course, Wang Yuanpeng also had a trick up his sleeve. Even if Chen Jianghe failed to repay the loan on time, it would not affect his ability to ride his bicycle to the bar. He could save when he should and spend when he should.
…
…
The "casino" is closed on holidays. For Chen Jianghe, the longer the holidays are, the more boring they become. Especially during the bull market cycle, most investors wish the stock market would be open all year round with 24-hour uninterrupted trading.
This is actually the gambler's mentality at work. Those who have lost money stay at the table to get their money back, while those who have made money are reluctant to leave and want to make more. There are many who have invested their entire fortune and even borrowed money to leverage their investments. When the risk comes, everything is in a mess again.
Chen Jianghe is now also a gambler, but he is also a prophet.
He knows clearly when this bull market cycle will end and when the real risks will erupt.
So Chen Jianghe’s idea now is to let go and do a great job before the crisis comes!
"Even with the weekend and the long vacation, I can rest from the 30th to the 8th and go back to work on the 9th. There's a lot of money, little work and a lot of vacation. The financial industry is really awesome."
We finally made it to October 9th, when the stock market reopened.
This is a historic day as the market announced major share reform news involving 1,014 listed companies.
However, to Chen Jianghe, this is not news, but old news.
He skipped it and clicked his mouse to flip through the financial posts in other sections.
"The value is unbalanced, expectations are not met, and have the 'warrants' that are considered speculative products become waste paper in the market?"
When Chen Jianghe saw this financial post, he suddenly got a shock.
"Warrant, it's a good thing."
Chen Jianghe narrowed his eyes.
He remembered that in mid-November 2006, a warrant in the stock market experienced a doomsday-like crazy surge, which left a deep impression on people.
Wuhan Iron and Steel put warrants, which were once considered to be worthless paper and had no value at all, became the biggest dark horse in the stock market in the first few trading days of mid-November. After experiencing a "doomsday rally", they exited the stage of history.
Chen Jianghe even remembered that the intraday increase of this warrant reached as high as 542%, which was truly magical.
Almost all the big speculators involved in this have made a lot of money, because warrants have no price limit and are subject to the T+0 rule, and are regarded by investors as a reasonable, legal and thorough speculative product.
Unfortunately, Chen Jianghe only remembered the approximate timeline of mid-November and could not remember the specific date.
"Don't rush, take your time."
Chen Jianghe took a deep breath, suppressed his inner excitement, logged into his account first, and used the borrowed 28,000 yuan to buy the two stocks of "Industrial and Commercial Bank of China" and "Oceanwide Construction".
After more than half a year of rotation, starting from October, the rise of the banking and real estate sectors will become the two carriages pulling the future market.
After Chen Jianghe executed the purchase, he took his hands off the keyboard, turned around, picked up his books, left the dormitory, and went to class.
"Third brother, I answered all the questions for you, why did you come to class in person?"
Chen Jianghe sneaked into the classroom from the back door without being discovered by the teacher, but was seen by Sun Tian who was sitting in the back row.
“I love learning.”
Chen Jianghe found a seat next to Sun Tian and sat down, carefully arranging his textbooks, pens, and notebooks.
Sun Tian glanced at his desk, covered his mouth and snickered, "Third brother, you brought the wrong books, how can you say you love studying?"
"Wow, isn't this an English class?"
“This advanced mathematics class…”
"Oh." Chen Jianghe touched his forehead and said with a stiff face, "It's okay. I have been gifted in mathematics since I was a child. Bringing the wrong book will not affect my normal class."
After saying that, he looked up at the blackboard, forced himself to read what the teacher wrote on the blackboard, and then covered his eyes: Damn, who has nothing better to do than to come up with this advanced mathematics? This is too difficult, even more difficult than the K-line chart of the stock market.
He couldn't understand it in the first place, and he brought the wrong book, so in this advanced mathematics class, Chen Jianghe felt like he was listening to a foreign language. He supported his head with one hand, and his eyes were wandering.
The advanced mathematics class was exceptionally long, and the sunlight outside the window made people anxious. Only the cute big-eyed Pikachu under Lin Siqi's low-cut T-shirt sitting by the window could barely cheer people up a little.
Mathematics is nothing more than the study of 2D/3D, how can it compare to naked eye 36D?
