Supreme Sacred Ring, Carefree Tycoon!
In the 80s, a good-quality old Hainan Huanghuali round-backed armchair from the Qing Dynasty could be yours for just twenty yuan. Now, two million yuan o...
"First of all, I must continue to acquire stocks of the companies designated by me in the Far East, especially those in Japan, and hold them until the end of next year. I must also continue to acquire stocks of the companies in Europe that I have entrusted to me." Yang Jing thought about it for a moment and then listed some major plans for the next two years.
What to do with the huge profits earned through speculation? Of course, you can't just sit there in your bank account and wait for it to depreciate. They are the Dragon Fund, and they also have a serious KY investment fund under their name. Moreover, speculation does not happen every year, so daily investment is the best choice.
Just as Yang Jing selected stocks of twenty-seven companies in the United States, Yang Jing also selected stocks of many companies in Japan and Europe for investment.
There is no need to invest in many potential stocks in Europe that have not yet grown up. They all need to be directly invested in the first round, which is much safer than buying stocks directly from the stock market. For example, Nokia, which has not yet appeared, was once the world's largest telecommunications giant for many years. Now it has not even shown its corner, so it is most suitable for first round investment.
Of course, there are many well-known old companies in Europe, such as Siemens, Total, BP of the United Kingdom, Volkswagen and Mercedes-Benz of Germany. The influence of these old giants in Europe and the United States is no less than that of the American giants. It is still very necessary to acquire the stocks of these companies and become a major shareholder.
There are also some companies that are just starting out but will inevitably become giants in the future and they also need investment. Companies like AXA of France and Vodafone of the UK were either reorganized or newly established in the early and mid-1980s. Now is the best time to start.
Therefore, even if most of the profits from the stock market have been returned to the Dragon Fund's account, these funds will be reinvested very quickly.
As for Japanese companies, that is even less necessary.
From 1987 to the end of 1989, the most worthy companies to invest in in the world were not in the United States, but in Japan!
After World War II, Japan took several decades to grow rapidly into the world's second largest economy. Especially in the 1980s, Japan's economy developed rapidly.
In this era, the Japanese economy has two extreme performances. In 1986, Japan's economic trend was stable, driven by industries such as automobiles, electronics, and integrated circuits, and its strength gradually increased. By the end of the 1980s, Japanese automobiles had dominated the world, and Japanese industries were flourishing in Western Europe and Latin America. Almost all countries were forced to succumb to Japan's strong economic strength.
Japan's unusual economic boom, which began in December 1986, is called the "Heisei boom."
During this period of prosperity, Japan's per capita GNP exceeded that of the United States, Germany, France and the United Kingdom. Japan's GNP as a percentage of the world's total also increased from 6.4% in 1970 to 13.7% in 1990. Its net foreign assets reached US$383 billion in 1991, ranking first in the world.
Supported by the "economic prosperity", the Japanese stock market rose almost unilaterally from 1986 to 1987, with the Nikkei index rising from points in December 1985 to points in September 1987, nearly doubling.
Even though the global stock market crash had just broken out, the Japanese stock market had also suffered a severe blow, but the Japanese not only failed to learn from the collapse of the US stock market, but also immediately recovered. By the end of 1988, the Nikkei index actually broke through 10.5 points. On December 19, 1989, the Nikkei index hit a new high of 10.5 points, which was more than three times higher than the lowest point in 1985. The market value of Japanese stocks reached 630 trillion yen, which was 1.6 times the GNP of that year.
Although this economic prosperity looks beautiful on the surface, it hides a huge bubble.
But before this beautiful bubble burst, everything in Japan was beautiful!
Yang Jing did not remember incorrectly some of Japan's economic data during this period. For example, in such a beautiful bubble, Japan's economy reached its peak in 1990.
In that year, the total market value of all Japanese property was about 20 trillion US dollars, equivalent to 20% of the world's total wealth. According to the land prices at the time, if Tokyo was sold, it could buy the entire United States.
But this is nothing compared to the stock market. During this period, Japanese stock prices rose 100 times. In December 1989, the total market value of Japanese stocks was 4 trillion US dollars, close to 45% of the total value of the global capital market. The stock market value of NTT, the Japanese telecommunications giant, exceeded the combined market value of AT&T, IBM, Exxon, General Electric, and General Motors. The stock market value of Nomura Securities, the largest Japanese brokerage, was higher than the combined market value of all US brokerages!
In addition, the stocks of big conglomerates such as Mitsubishi, Mitsui, Sumitomo, and Toyota are also extremely high. For several years, Japanese companies occupied the top three positions in the Fortune Global 500!
The stocks of these Japanese companies have risen wildly in the past few years, why not buy them?
Even though the stocks of these companies suffered severe setbacks in the Japanese stock market crash at the end of 1989, now is the period of their crazy growth. If you buy the stocks of these companies now and sell them before the Japanese stock market crash in two years, you can still make a lot of money.
In the current global financial market where there are no major black goose market conditions, speculation is obviously unlikely, but making legitimate investments, especially investing in the Japanese stock market, is definitely a sure win!
Money is not everything, but being without money is absolutely impossible.
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