Counterattack 1990

Chen Dong woke up and found himself reborn in 1990, a time when gold was everywhere. Carrying the regrets of his past life, he started by selling tea eggs...

Financial crises, oil crises, gra...

Chapter 15: Two consecutive days of limit-up trading, funds doubled!

Without stopping, the group rushed from Zaocheng to Mingzhu City.

We arrived in Mingzhu City at 2 p.m.

Without even having a meal, the group rushed to the bank and sold all the treasury bonds they had on them.

Only then did everyone breathe a sigh of relief.

Chen Dong, in particular, was under more pressure than anyone else.

After all, this knowledge and operational procedures were all found in books from later generations.

He was unsure whether history might undergo subtle changes.

Fortunately, everything went smoothly.

Chen Dong sold the 225 treasury bonds, each with a face value of 100 yuan, for a total of yuan.

After deducting the initial investment and travel expenses, the net profit was 2,876 yuan.

It's not much different from the initial estimate of 2,800 yuan.

In just two days, the return was nearly 13%, which is equivalent to a stock market stock hitting its daily limit up every two days.

By simply transferring the money back and forth six times, you can double your initial investment.

Imagine, in 12 days, the profit from tea eggs would be at most a few hundred yuan, how could that compare to the profit from treasury bonds?

What if the number of times it was handled was 12 instead of 6?

That means it didn't just double the original capital, it quadrupled it.

This is what makes treasury bonds so terrifying.

Of course, Zaocheng didn't have that many treasury bonds for Chen Dong to trade.

As time goes on and the amount of capital increases, the difficulty of acquisitions also increases.

However, we don't need to think about these things for now.

After exchanging the money, the group first went to a restaurant and enjoyed a meal, then checked into a nearby hotel.

Inside the hotel.

The group sat on chairs and beds respectively.

Even now, they are still a bit confused.

If the previous tea eggs had some technical aspects involved...

Therefore, reselling treasury bonds is purely a speculative business.

Even a fool, after being taught by Chen Dong once, would know how to operate it.

The bed was covered with stacks of large bills.

The group counted the money over and over again, thoroughly enjoying themselves, their faces beaming with excitement.

"Fei, Fei-ge...we made 2200 on this trip! Pinch me so I know this isn't a dream!"

Hearing what Ah Long said, Jiang Fei laughed and scolded him.

"I've counted three times already, that's right, we really made 2200 this time."

As she spoke, she looked at Chen Dong again.

"Brother Dong, you're absolutely amazing! If I hadn't witnessed it with my own eyes, I would never have believed that such a good thing could exist in the world."

"Damn it, what are they thinking? They're both banks, why is there such a big difference in prices?"

These words were spoken.

Hua Zi, A Long, and A Hu also looked on with curiosity.

What Jiang Fei wanted to ask was also what they wanted to ask.

However, out of politeness, Jiang Fei asked the question first.

Upon hearing this, Chen Dong said calmly.

"It's nothing, it's a market-determined factor, we're just following market rules."

"This isn't the craziest time yet..."

This isn't even the craziest time yet?

Hearing this, the group exchanged glances, speechless.

In their minds, it was only a 10-plus hour drive.

The price difference of 14 yuan for treasury bonds had already overturned their understanding.

Judging from Chen Dong's words, this wasn't even the craziest moment yet.

They really can't imagine what would be considered the craziest.

Chen Dong smiled without saying a word; naturally, he wouldn't reveal that he was a time traveler.

According to historical trends, the craziest period was in 1991.

The story of the group that resold treasury bonds was published in the newspaper.

Get rich overnight!

millionaire!

......

These adjectives once became a topic of conversation among people.

From that moment on, more and more people joined the ranks of those reselling treasury bonds.

Treasury bonds with a face value of 100 yuan also rose in price, once reaching as high as 140 yuan.

But ultimately, its value will return.

This was also the earliest market-driven speculative activity in China.

With this in mind, Chen Dong made the final decision.

"Everyone should get some rest early, we need to catch the train tomorrow."

Upon hearing this, the group said nothing more.

They knew they could make money reselling treasury bonds, but they also knew the risks of carrying so much cash.

You can earn more if you take good care of your mental health.

In the following days.

Chen Dong and his group spent the entire time on the train.

Without the return trip to X City, the journey between Mingzhu City and Zaocheng, which used to take two days, has been shortened to one and a half days.

February 12th.

The day after the Lantern Festival.

It started on the sixth day of the Lunar New Year and lasted for a total of 12 days.

By reselling treasury bonds, Chen Dongyuan's initial capital finally doubled.

Jiang Fei was thinking of making a few more trips to take the opportunity to further increase the funds.

However, Chen Dong firmly refused.

On the one hand, their capital has increased significantly, and they can no longer buy too many treasury bonds from a single bank.

Although the journey was shortened to a day and a half, the actual travel time was not much different from before because it involved visiting multiple banks.

on the other hand.

Chen Dong kept thinking about news from his brother-in-law, Lin Zhiyuan.

If they could buy cheaper treasury bonds, the returns would be several times higher than what they get.

After some discussion, the five of them boarded the train back to City X.

This time, the group splurged and bought sleeper tickets.

It's not that a few people have become arrogant just because they have money.

Rather, it's because soft sleeper berths can avoid a lot of trouble.

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