Chapter 169 Let’s give this overwhelming wealth to others

"Because convertible bonds have both stock and bond characteristics, they will rise when the stock market rises, and they will also rise when the bond market rises. Next year, our Guojia funds will begin to loosen, and it is very likely to enter a cycle of interest rate cuts, which will directly benefit the bond market. At the same time, the stock market is also likely to rise due to improved domestic and international liquidity. Therefore, I choose to hold a large position in convertible bonds."

Li Feng continued, "It can reap the benefits of both the stock and bond markets, and its defenses are very strong, with a guaranteed floor and no upper limit. It can be said that buying convertible bonds at this point is a guaranteed profit! That's why I dare to place a big bet!"

"Which one do you want to buy?" Lin Menghan asked.

"Which one?" Li Feng couldn't help but frowned.

Convertible bond investment belongs to another circle of competence. There are too many investment methods. The most classic ones are "double low strategy", "130 selling method", "spreading the pie", "bank convertible bond 100 yuan investment method" and so on.

There are both simple and fool-proof methods as well as complex and sophisticated methods. Many of them require long-term holding of shares. I just plan to take a ride and do not want to stay on the convertible bond path for a long time, so I do not plan to invest too much energy.

"I'll buy a convertible bond fund."

Li Feng weighed the pros and cons and said.

Li Feng is a man of action. As he spoke, he opened his account and started to build a position. He first bought 2.5 million yuan of convertible bond funds, and then bought 1.5 million yuan of China Ping An at a cost price of 57 yuan, including 26,000 shares; finally, he bought 500,000 yuan of Kweichow Moutai at a cost price of 620 yuan, including 800 shares. The remaining hundreds of thousands of yuan were kept for backup and daily consumption.

As for Lin Menghan's account, he just looked at it and didn't touch it.

After the purchase, Li Feng pulled out the documents from the Central Economic Work Conference and continued:

"There are two points in this year's Central Economic Work Conference that require special attention. The first is the new term 'unprecedented changes in a century,' which is probably a reference to the trade war. The second is the promotion of the establishment of the Science and Technology Innovation Board, which is also likely a response to the trade war."

"Science and Technology Innovation Board? Are there any opportunities there? Will it affect the trend of the broader market?" Lin Menghan changed her posture and asked while continuing to feed her child.

Li Feng thought about it carefully and analyzed:

"The Science and Technology Innovation Board is the product of a major power struggle. It must be launched. This is written into the documents and cannot be questioned. As for whether there are opportunities..."

"I said in 2015 that technology is the primary productive force. We need to constantly burn money to develop the latest scientific and technological achievements. The biggest tool for burning money is the stock market..."

"One general's success is built on the sacrifices of thousands of men. Similarly, the research, development, and maturation of a technology also requires massive capital investment. The risks are enormous; if you're not careful, you could lose everything. Of course, the rewards are also huge. Once successful, the returns could be dozens, even hundreds, thousands, or even tens of thousands of times greater!"

"This is similar to the great voyages of several hundred years ago. There are huge uncertainties involved," Li Feng continued.

"When investing in the stock market, the most important thing is to control the risks. We only have one life, so we should stay away from this huge uncertainty. Let the bold and courageous take the chance of this overwhelming wealth..."

"Also, I've said that it's best not to touch new stocks that have been listed for less than two years, especially tech stocks. So the Sci-Tech Innovation Board will definitely succeed, but we must not be a stepping stone. We can try new stocks and make arbitrage, but forget about participating. As for whether it will affect the broader market, it will, but it shouldn't be too significant."

As Li Feng spoke, he took a banana, peeled it and started eating it.

After a while, Lin Menghan finished feeding the baby and the baby seemed to fall asleep.

At this time, it was noon and the confinement center delivered lunch.

I have to say, money makes things easier.

This confinement center costs 20,000 yuan a month, which is a bit expensive, but the care they provide is really good. Just taking the food as an example, there are three meals a day, no two days are the same, and there is a combination of meat and vegetables, which is nutritionally balanced.

Today's lunch was squirrel osmanthus fish, shrimp scrambled eggs, and asparagus and shredded chicken soup. Li Feng also ordered a box of rice and a braised chicken wing, and the two of them started eating.

But after just a few bites, the child suddenly started crying loudly. Lin Menghan had to go and take care of the child. When she saw that the child had urinated, she changed his diaper.

After that, she carried the child around the house, round and round, and felt that the child should be asleep soon, but as soon as she put him down, he started crying again.

There was no other choice but to continue holding her and comforting her.

Li Feng finished his meal in a few bites, took the child and let Lin Menghan eat.

"Ahhh, little baby, go to sleep, ahhh, little baby, go to sleep..."

Li Feng put his right hand around the baby's neck and his left hand around his little feet, and walked around for more than half an hour.

"He should be asleep, right? Look at him." Li Feng held the child and moved closer to Lin Menghan.

Lin Menghan lowered her head to look under Li Feng's arm, but saw a little face with two big eyes wide open, without any sign of sleepiness at all.

"Pfft..." Lin Menghan laughed and said, "I haven't slept yet. I'm still energetic. I didn't go to bed until one in the morning yesterday and slept until eleven this morning, a total of ten hours of sleep. I guess the earliest I can sleep is eight or nine in the evening..."

"In the evening? It's one o'clock now, there are still seven or eight hours left..."

"There's nothing I can do about it. This child is just like that. If I'm not holding him, he cries, but when I hold him, he becomes quiet... He's so fussy that I don't even have time to sleep or eat... Oh, it's killing me..." Lin Menghan sighed, "If I had known giving birth would be so troublesome, I wouldn't have given birth..."

Li Feng carried the child around the house for an hour. During this time, the child defecated once and had his diaper changed. He was so tired that his back and waist ached.

At this time, Lin's mother came over with a hydrogen balloon. She put the child on the bed and wrapped the string of the hydrogen balloon around the child's feet. When the little guy saw the new toy, he stopped crying and started playing with the balloon by stretching out his hands and kicking his legs.

The old man still has a way.

"Aunt, I'm leaving first."

The person who was supposed to take over the shift arrived, and Li Feng said goodbye and left the confinement center. He was wondering whether to go home or go to his trading room and sit for a while.

At this time, Gan Yitong called.

"Li Feng, are you free? Come sit here with me for a while."

"Long time no see. Mr. Gan, do you have something to talk to me about?" Li Feng asked.

"Come over here and talk about it. Come quickly, it's an important matter." Gan Yitong urged.

"Okay, I'll be there right away."

As Li Feng spoke, he drove straight to Hengtong Financial Microfinance Company.

I haven't seen Gan Yitong for more than two years. We usually just chat on WeChat. What important matter does he want to talk to me about this time?

——

Special thanks to stock friend @笨笨奔奔 for the big gift

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