Chapter 353: More than a year, 20%

2025-05-22

The weather has been gloomy these days.

The market is also like this, muddled and confused.

The entire market, like a headless fly, was flying around 3400 points.

Eat melon 1: more than a year, 20%

Li Feng sat in the VIP room, drinking tea while boredly flipping through various financial news.

By chance, a set of numbers flashed before his eyes, startling him. He blurted out, "So fast?! How come it's over 120 yuan?!"

The crowd of onlookers around heard this and all leaned over to gather around.

The curious people who were a little further away couldn't contain their surprise and asked:

"What do you mean over 120?!"

"Old Li, what could surprise you?"

"Make way, everyone, let me take a look..."

Li Feng clicked the mouse lightly, and a series of figures appeared in front of everyone. It turned out that the Industrial Bank convertible bond had reached more than 120 yuan today, approaching 121 yuan.

Most of the onlookers were confused and couldn't help asking:

"Old Li, what's so curious about this? Isn't it normal for the stock market to fluctuate? Forget about 120 yuan. It's not uncommon to see stocks rising to 500, 600, 700, 800, or even 1,000 yuan..."

"You know shit!" someone with knowledge retorted. "This is a bank convertible bond, not a stock. It has the guaranteed interest rate of a bond, but the unlimited growth of a stock... Oh, and what did Xiao Li say last year..."

"Well, you can forget this? We discussed this issue in Chapter 186 last year. It was about 100 yuan then, but now it's more than 120 yuan, which means 20% a year..." Lao Zhang recalled.

"What? 20% a year? Oh, I should have taken this earlier. I have worked hard and been worried all year long. Not only did I not make any profit, I even lost a lot..." Lao Ding said regretfully.

"Who says it's not true? I still have some money lying around in the bank, earning a little interest. It's really not as good as buying these convertible bonds for around 100 yuan back then. Oh... well, what's the saying? The bank won't go bankrupt anyway, so buying near the face value really means there's a guaranteed floor and no upper limit..."

Everyone, whether they knew it or not, began to discuss it, some regretting it, some lamenting it, some rejoicing about it, all talking at once...

After discussing for a while, everyone lost interest.

After all, it is now more than 120 yuan, which is far less cost-effective than buying it back then. Maybe you will lose some money if you buy it now.

Lao Zhang thought for a moment, took a sip of tea, sighed, and asked, "Lao Li, are there any similar opportunities now?"

"Now?" Li Feng thought for a moment, then shook his head and sighed, "The market is much more lively now than before. There are basically no similar low points."

"And, honestly, even if there were such an opportunity, how many people could hold on for more than a year? I'm afraid most people would only hold on for a few weeks, or at most a few months..."

Hearing this, Old Zhang was stunned for a moment, then smiled bitterly and said, "It's true. Few people have this kind of endurance."

Eat melon 2: The way is simple

After hearing this, everyone shook their heads.

Everyone knows that many times, even though we know it is an opportunity, few people can seize it and hold on to it for long.

Fundamentally, it is still due to insufficient awareness.

People's cognition drives their behavior patterns and forms their own investment style.

Some people, immersed in the game thinking, constantly, or unconsciously participate in the "pocket-picking game",

Today, I pick your pocket, tomorrow you pick mine.

In order to be able to pick pockets faster and better, various tools have been invented.

For example, various volume and price, K-line, insider information, etc.

Some people even invented quantitative analysis, invented AI trading, and conducted high-frequency trading...

But, in the end, it is inevitable that one will get deeper and deeper into this endless game, lose oneself, and eventually be emptied out by a more skilled thief.

Nine out of ten gambling losses,

If you walk by the river often, you will get your shoes wet...

Faced with this kind of game, many people are very confused. Many people participate in it unconsciously or consciously, but in the end, they achieve nothing and have nothing...

The real investment path is very simple and only requires common sense.

In the words of investment masters, it means making money from the growth of enterprises.

Buy fast-growing companies and accompany them to become stronger.

For example, you can buy GZMT in its high-growth stage around 2015, hold it for five or six years, or seven or eight years, and you can easily get several times the profit.

For example, you can also buy GLDQ in the high-growth stage in the same year and hold it for several years to get several times the return.

This is the right way to break away from the game-playing mindset and truly step onto the road of investment.

But, it is difficult to take this road.

The most difficult thing is to hold on patiently.

Also, when problems arise during business growth, accurate judgments must be made. Once the logic is proven wrong, corrections must be made immediately, or even sales must be made.

Just like raising a child,

Just like finding a wife,

The way of truth is simple.