Ultimate Individual Investor

The author is an old stock market investor with 17 years of experience, writing this novel in their spare time. I have personally experienced the super bull market of 2005-2007, the major bull mark...

Chapter 62: Money Like Tide

Chapter 62: Money Like Tide

Tianxi Shopping Mall is the most upscale shopping mall in City B. It has three underground floors and six floors above ground. The first floor is the jewelry and beauty area, the second floor is the women's clothing area, the third floor is the men's and women's shoes area, the fourth floor is the men's and children's clothing area, the fifth floor is the daily necessities area, and the sixth floor is the dining and leisure area.

The entire shopping mall is decorated magnificently and beautifully.

Zhao Xinyue and Lin Menghan couldn't move their feet after entering the mall. Each item here cost tens of thousands of dollars, which was far beyond the reach of working-class people like them in the past.

"Xinyue, look, your favorite Estee Lauder is on sale now." Lin Menghan said, pointing to the front.

"Well, Menghan, it seems your favorite L'Oreal is also having a promotion..."

The two of them walked around.

Zhao Xinyue finally chose two sets of cosmetics and spent three thousand yuan.

Lin Menghan chose a silk scarf for two thousand yuan.

When paying the bill, Zhao Xinyue looked at Li Feng with some trepidation.

Li Feng smiled and said, "It's rare for me to make money, and it's rare for me to invite you out for shopping. Go ahead and buy some. If you miss this opportunity, you won't be able to find it again."

Only then did Zhao Xinyue feel relieved.

Unconsciously, night fell. Li Feng looked out the window at the pitch-black night and said, "I heard that there are many specialty restaurants in the dining and leisure area on the sixth floor. Let's go and have a look and have a bite."

"Okay." The two girls were tired from shopping and agreed immediately.

The three of them got on the elevator and went all the way to the sixth floor.

However, the dining and leisure area on the sixth floor is several thousand meters large, surrounded by pavilions and terraces, with gurgling water. There are more than ten elegantly decorated restaurants, brightly lit, welcoming guests.

After looking at a few restaurants, the three of them entered the Suzhou Boatman Restaurant and boarded a boat floating on the water. The boat was surrounded by quiet water, and the lights were reflected in the water, making the place seem even more quiet.

Zhao Xinyue and Lin Menghan asked for the menu and ordered some desserts, tea, and the restaurant's specialties, such as squirrel mandarin fish, crab meat lion head, salted duck, green snail shrimp, and crystal pig's trotter.

Five dishes cost more than 5,000 yuan.

Zhao Xinyue stuck out her tongue and glanced at Li Feng.

The consumption here is really too high.

Li Feng, however, didn't take it seriously. He picked up his chopsticks and urged, "Come and try it. I heard that the dishes made in this restaurant are very authentic and are the most famous Su cuisine in City B."

"Well, it's good." Lin Menghan was quite knowledgeable and after taking a bite, she praised it highly.

As Zhao Xinyue ate, she muttered to herself, "Five dishes cost five thousand yuan, and this one bite is over a hundred yuan..." As she thought about it, she felt reluctant to eat...

Suddenly, a bell rang.

Lin Menghan's cell phone rang.

She glanced at the caller ID, picked up the phone, and asked, "Dad, what's going on?"

"Nothing, um, hey, your dad got some money recently. He's deposited it in the bank, but it doesn't earn much interest a year, so I'll give it to you to invest in stocks."

"Huh? Dad, didn't you say a few days ago that you were having difficulty with cash flow and had no money to buy alcohol?" Lin Menghan said with a frown.

"Hey, hey, as for the money, if you squeeze it out, there's always some. Here, I've transferred it into your stock account. You can do whatever you want with it. Remember, ask Mr. Li for advice and try to fill up your dowry... Okay, I'm hanging up. You're busy..."

Lin Yiyun hung up the phone.

Lin Menghan put down her phone and opened her stock account, only to see that there was an extra 500,000 yuan in the account balance.

She looked at Li Feng and said, "My dad just gave me 500,000 yuan and asked me to learn stock trading from you."

Zhao Xinyue, who was standing nearby, also took out her phone and sighed, "Oh, my colleague Su Xiaoxia was also asking me to help her with stock trading a few days ago. I didn't dare answer, but now she's just thrown her account and password at me and told me to do whatever I want."

"I just checked and there's 100,000 yuan. Her salary is about the same as mine, and this is three years' salary for her. I'm afraid of losing money, so I haven't dared to do anything and haven't had time to tell you. What do you think I should do?"

After hearing this, Lin Menghan added, "A few days ago, my colleague Sun Yue also mentioned this kind of thing, but I refused."

"That's right. If we make money, it's fine. But if we lose money, I will be blamed to death, but I'm embarrassed to refuse..." Zhao Xinyue said embarrassedly.

Li Feng listened to them talking one after another, and it seemed as if he saw countless money pouring into the stock market like a tide.

This is how new stock investors are. Once they see others making money, they become tempted. The bold ones will do it themselves, while the timid ones who have connections will ask capable old stock investors to trade stocks on their behalf.

But.

Times have changed.

Now the stock market has risen to 3,000 points. In terms of risk, it is much higher than when it was at 2,000 points, and many stocks are no longer cheap.

Moreover, large-cap stocks are almost no longer moving, and it is some concept stocks and theme stocks that are showing off and competing with each other. These stocks are entrenched in a large number of financial predators, who are opening their bloody mouths to devour retail investors.

If it was his own funds, Li Feng might consider going in with a light position, taking a chance, fighting against the dealer, and betting on the future market, but if it was someone else's funds, he really couldn't do it.

Li Feng opened his mobile phone and looked at the K-line chart of the Shanghai Composite Index, feeling helpless.

When the stock market is sluggish and bearish, you don't take the opportunity to enter the market to buy bargains. But when the stock market improves and rises, you rush in and spend real money to take a gamble.

Little did they know that the stock market had already reached a high point at this time.

Don't be fooled by the prosperity everywhere. In fact, the risk-return ratio is no longer equal, and it is no longer the best time to enter the market.

After a long while, Li Feng said:

"If you can't push it through, then try investing in new stocks. The yield may be lower, but you won't lose money. At most, people will complain about your poor technology."

"Otherwise, if you lose money, especially a lot of money, then I'm afraid we won't even be able to be friends anymore."

Zhao Xinyue felt relieved after hearing this and said, "Then I'll try to push her first. If I can't, I'll help her buy new stocks."

Li Feng took a bite of the dish and was about to add a few words.

"Buzz—buzz—"

A video call request suddenly flashed on his phone.

"Wang Dongdong?"

I haven't been in touch with this guy for ten years since he graduated from high school. Why did he suddenly remember to call me?

Is it borrowing money?

Unlikely. Ever since I became a vegetable and my family was heavily in debt, all my former classmates have cut off contact with me, as if they were afraid of being implicated.

Li Feng answered the call suspiciously.

"Hello, Li Feng? Hey, guess who I am?" A playful voice came from the phone.

"Wang Dongdong."

"Wow! Mr. Li has such a good memory that he remembered me right away. It seems like we are destined to be together. We are indeed old classmates."

"Is there something wrong?" Li Feng asked tentatively.

"Nothing, I just missed you. Hehe, I'm going to have a drink with you tomorrow, Xiao Bo. Don't hide—"

"Xiao Bo? Are you two together now?"

"We were just hanging out at Jinlong Computer City. I heard you're trading stocks at Hengtong Finance now. It's not far from you, right? Let's do it tomorrow at noon. Just send us your location and we'll be there right away. Don't make excuses. We're all in City B and old classmates. You should at least give us some face, right?"

"This... Hey, okay--" Li Feng hung up the phone, hesitated for a moment, and sent the location.