Chapter 418: How glorious it is now, how miserable it will be in the future

Shanghai is the most prosperous city in modern China, bar none.

From the reform and opening up until Deng Shirong's rebirth, its GDP was undoubtedly the first in the country, which is truly amazing.

Moreover, Shanghai's prosperity lasted far more than just a few decades. It was already my country's economic center as early as the Republic of China period. On the eve of the full-scale war of resistance against Japan, Shanghai even contributed 10% of the country's GDP, which is simply terrifying.

Before, when Deng Shirong asked Xiao Dong'er where she wanted to go for fun, she blurted out Shanghai. There was a reason for that. Shanghai was so famous in that era, so famous that it was almost known to everyone, and its economic strength was even more outstanding.

Before the Spring Festival last year, Deng Shirong took Xiao Dong'er to Beijing for a trip, and the grandfather and grandson traveled back and forth by plane.

This trip to Shanghai was no exception, and the whole family also went by plane.

Nowadays, with Deng Shirong's family's network of connections, it is no longer difficult to get someone to provide a letter of introduction to buy an air ticket. Unlike a few years ago, they no longer have to take a train to travel long distances, which was not only uncomfortable, but the key was that most of the time was wasted on the road.

It was already past four in the afternoon when the family arrived in Shanghai.

Deng Shirong has been to Shanghai several times. He cannot say that he is very familiar with Shanghai, but he is better than his son, daughter-in-law and grandchildren who are visiting Shanghai for the first time. After arriving at the airport, he took a car directly to the most prosperous area in Shanghai - The Bund.

Compared with the villagers, Deng Yuntai has been to many places. He has been to all major cities in Guangxi and many cities in Guangdong. Although Zhang Xiuping cannot compare with her husband, she has also been to Nanning, Liuzhou, Guilin and other cities.

However, the gap between the cities I visited before and the prosperous Shanghai is really huge.

On the way to the Bund, Deng Yuntai said with deep emotion: "Shanghai is indeed famous. It is more than a hundred times more prosperous than Nanning!"

Zhang Xiuping looked at the bustling city with tall buildings and a constant stream of cars and nodded in agreement, "Nanning is really incomparable to this place. This is the most prosperous city I have ever seen in my life."

Deng Shirong smiled and said, "At this level in our country, there are two central cities. One is naturally our capital, and the other is Shanghai. As for Nanning, it can barely be regarded as the regional center of our Guangxi, but it is naturally far behind Shanghai."

Xiao Dong'er asked: "Grandpa, where is the most fun place in Shanghai?"

This question stumped Deng Shirong. Shanghai does not have the historical heritage like Beijing, with its numerous tourist attractions. Apart from the Bund, he really can't think of any fun places in Shanghai now.

The most important thing is that many famous attractions in later generations had not yet been born in this era!

For example, the famous Oriental Pearl TV Tower was just about to start construction, and iconic buildings like the Jinmao Tower probably haven't even started designing yet! There's also no sign of places suitable for children like Disney, the World Expo, the safari park, and museums.

Therefore, Shanghai in this era was indeed prosperous, but the places suitable for tourism were far from comparable to those in later generations.

Deng Shirong thought for a moment and replied, "Let's go to the Bund first. It's the most prosperous place in Shanghai and should be quite fun."

…

An hour later.

Deng Shirong and his family came to the Peace Hotel.

Looking at this famous building known as Shanghai's city card, Deng Shirong said: "We will check in here first, and then have dinner here. After dinner, we will go out to enjoy the night view of the Bund."

Deng Yuntai and others naturally had no objection when they heard this, and the family went in to go through the check-in procedures.

They entered the South Building of the Peace Hotel. The entrance was an Art Nouveau-style teak revolving door. As they entered, they saw eight pillars in the hall. Four of them were Tuscan columns made of whole stones. The white stone was matched with dark-colored column bases, capitals, and trays, with sharp color contrast and thick and powerful outlines. A group of gold mixed column capitals were reduced in size on the inside, with modified wooden column bodies, and the lower part became a prism, giving it a sense of the fusion of Chinese and Western styles.

The wall consists of three parts: skirting, wall body and eaves. The skirting and wall body are completely wrapped by the wall guard. The wooden frame in the wall guard can improve the deformation of the wooden board. The wooden board is placed with a volute and circular golden flower patterns, making the wall look majestic but not too dull. The plaster ceiling is richly decorated with golden plant branches and leaves.

Deng Shirong could only say that this was worthy of being the Peace Hotel with a history of over a hundred years, and it was indeed extraordinary.

After the family checked in and put their luggage away, they went to the restaurant downstairs to eat.

This restaurant is a combination of brown, white and yellow. The ceiling is decorated with artistic lamps and the surrounding area is decorated with classical carvings. The combination of modern and traditional elements gives it a charm that combines elegance and fashion.

It was the peak dinner time, and while Deng Shirong was waiting for his food to be served, his attention was drawn to a guest at the next table who was talking loudly.

If you listen carefully, you can tell they are talking about stocks.

This point in time was when the A-share market ushered in its first bull market. The entire stock market was truly unprecedentedly prosperous. At this time, even a pig could make money by speculating in stocks. Among the big stock speculators, there were three powerful figures, known as the "Three Sheep".

In his previous life, Deng Shirong was an old bookworm with more than ten years of reading experience. The number of online novels he read was truly unmatched by ordinary people.

After all, although many people have been reading for more than ten years, they read novels after work every day. Deng Shirong was living in his hometown at the time, and apart from eating and sleeping, he spent his time reading novels and watching videos.

Over the past decade or so, I have read a huge amount of online novels.

In urban novels, as long as they are about rebirth and stock trading, the famous "Three Sheep" in the Shanghai Stock Exchange cannot be ignored.

Having seen this so many times, Deng Shirong naturally had a clear idea of ​​the general deeds of these "three sheep".

Therefore, after listening for less than three minutes, Deng Shirong roughly figured out who the person who was calling the shots was. If he guessed correctly, he should be one of the "Three Sheep", who held one-eighth of the stocks in the Shanghai stock market at its peak.

This is indeed impressive, but this guy liked to use super leverage when trading stocks. In the end, he not only lost everything, but also owed a lot of debts and countless lawsuits. The ending is really sad.

Of course, he is not the worst off. The worst off is the other leader among the "Three Sheep". That guy's wealth reached 30 million at his peak. If he was willing to stop in the mid-1990s, he would not have to worry about his life.

Unfortunately, people are greedy. After he had 30 million in wealth, he did not think about living a wealthy life, but dreamed of becoming a billionaire.

Perhaps it was because the money came too easily that this guy became completely arrogant. He dared to speculate in futures without knowing anything, and he kept buying in when he was losing money. In the end, he was taught a hard lesson, and his 30 million fortune vanished in just one month.

Every time Deng Shirong saw this guy's deeds, he was a little confused. You say he is greedy, but he is usually an extremely frugal person. Even though he has a net worth of 30 million, he does not buy a car or a house. He rides an old bicycle every day, shuttling between home and the stock exchange center.

He often patched his sweatshirts again and again until they were no longer wearable and he threw them away.

If he didn't bring any lunch, he would always go to a nearby noodle shop and order a bowl of the cheapest pickled vegetable noodles.

People often make fun of him, but he retorts: "Why eat so well? You still have to poop after all."

Living so frugally, earning 30 million yet still thinking about making hundreds of millions, this is fucking weird.

For a person who would rather spend every penny carefully, it is not surprising that he would suffer a mental breakdown and become a madman after losing 30 million in a month.

Compared to these two leading sheep who met a miserable end, the man dubbed Yang Baiwan was much more cautious, and he always kept a cool head. He was not as gambling as the other two sheep, so he had a good beginning and a good end.

At this time, the stock market was in a bull market, and people who traded stocks were making huge amounts of money every day, especially the big investor at the next table. Because he had invested a lot of money in the stock market, his daily income was an astronomical figure for ordinary people.

When you are in a glorious position, there will naturally be many people who like to listen to your advice on how to deal with the world.

Deng Yuntai listened for a while and then said in Hakka: "Dad, is this stock really so magical? If you buy it for a few thousand yuan, you will have the opportunity to make tens of millions?"

"It's really so magical. Some people can make tens of millions of dollars with just a few thousand dollars, but there are also people with a net worth of millions who lose everything overnight. This thing is not something that ordinary people can touch. It's even more terrifying than gambling in our hometown."

Deng Shirong was afraid that his eldest son would also speculate in stocks, so he immediately dispelled his idea and said in a serious tone, "Yuntai, as long as you run your supermarket chain step by step in your life, you are destined to become a billionaire.

Here, Dad gives you a piece of advice, you must remember it: you can do anything in the future, but you must not touch gambling, stocks and futures. Otherwise, let alone being a billionaire, even if you are the richest man in the world, it will be useless, and sooner or later you will lose all your money. "

Zhang Xiuping didn't understand stocks, but when she heard her father-in-law compare stocks to gambling and said it so seriously, she knew that this thing should not be touched. She quickly looked at her husband and said, "Brother Tai, you heard what Dad said, you must not touch these stocks, understand?"

Deng Yuntai said with shame: "I was just asking casually, I didn't think about touching stocks. If this thing is so dangerous, only a fool would touch it!"

Deng Shirong glanced at the next table, then lowered his voice and said, "You all heard it, right? That guy is really good at stock trading. He may make more money in a day than an ordinary rural person makes in his lifetime. But I can conclude that it won't be long before he will lose everything because of stock trading, and even owe a huge debt.

The more glorious it is now, the more miserable it will be in the future. "

Deng Yuntai was surprised and said, "Dad, it's not that exaggerated. From what they said, that person's assets in the stock market are almost tens of millions. Will he really become penniless and even owe a huge debt in the future?"

Deng Shirong said: "It's not an exaggeration at all. Do you know what they just mentioned about capital allocation?"

Deng Yuntai shook his head and asked, "What do you mean?"

"To put it simply, this financing means borrowing money to invest in stocks."

Deng Shirong explained in detail: "For example, Xiao Ming observed that the price of lychees in the market has increased. Xiao Ming also wants to sell lychees to make money, so he went to buy them. The purchase price is 2 yuan per catty, but Xiao Ming only has 100 yuan, which means that he can only buy 50 catties of lychees at most. Xiao Ming thinks that the money earned from these 50 catties is too little.

So he borrowed 900 yuan from someone, and added his own 100 yuan, making exactly 1,000 yuan. He bought 500 kilograms of goods and returned the money to the other person after selling them.

If the price of lychees in the market rises to 3 yuan per catty at this time, Xiao Ming will earn 500 yuan, which is equivalent to 5 times the profit of the principal.

But if Xiao Ming has purchased all the goods, the price of lychees will drop to 1.8 yuan per catty. At this time, the 500 catties of lychees in Xiao Ming's hand are only worth 900 yuan, which means that Xiao Ming's own 100 yuan has been lost.

If the price of lychees continues to fall, Xiao Ming will lose the money he borrowed from others. Those who borrowed from him will quit and ask Xiao Ming to either sell the fruits immediately to pay back the money or pay more as a deposit to avoid losing his money.

Xiao Ming doesn't want to sell the lychees at a loss, but he can't afford the money. Others will force Xiao Ming to sell the lychees and take back the money he lent. Xiao Ming's situation is called a margin call in the stock market.

If the price of lychees drops too quickly, the person will not have time to sell them at 1.8 yuan per catty, and will eventually sell them at 1.6 yuan per catty, earning 800 yuan. Then Xiao Ming will not only lose all his 100 yuan, but will also owe others 100 yuan.

This is what is called capital allocation.

As the saying goes, if you walk too much at night, you will inevitably run into ghosts. He borrowed money to invest in stocks like this, the risk is too high, and sooner or later he will be finished. "

The latest novel is published first on Liu9shuba!

Deng Yuntai suddenly realized: "So that's how it is. Then it is really too risky to do this. It's no different from gambling."

Deng Shirong nodded and said, "For ordinary people, stock trading is actually gambling. The only difference is that gambling is illegal, while stock trading is legal."

After hearing this, Deng Yuntai and Zhang Xiuping nodded frequently. With the concept that stock trading is gambling, they will definitely stay away from stock trading in the future. No matter who persuades them to enter the stock market, they probably won't listen.

After all, what their father hated the most was gambling, and he even ordered the entire family to ban gambling. As sons and daughters-in-law, it was impossible for them to disobey their father.

At this moment, the waiter started serving the dishes, and Deng Shirong stopped talking about this topic. Anyway, he had already given his eldest son a vaccination, and based on his understanding of his eldest son, he would probably never touch stocks in his life.

Next, the family began to enjoy the food.

When they finished their meal and were about to leave, the people at the next table were still drinking vigorously! Although Deng Shirong knew what happened to that guy, they were just casual acquaintances, so he naturally wouldn't bother to persuade others. Stock traders are just like gamblers, and it's hard for them to listen to others' advice.

Let's take Yang Baiwan as an example. He made a lot of money in the stock market, but among all his relatives and friends, none of them could make money with him. It's not that he didn't want to lead them, but that his teammates were too stupid to lead them! Once, when he made money by buying electric vacuum stocks, Yang Baiwan also helped a cousin of his buy 4,000 yuan of stocks.

Not long after, the stock price increased by 4 times, and he called his cousin to inform her: "You have made 4 times the profit, will you sell it? It may rise further in the future."

My cousin made the decision to sell and said she would never regret it.

But when the stock price rose to 2,300 yuan per share, she regretted it and complained, "I don't understand it either, and you didn't stop me."

When the Shanghai Composite Index rose to 1,500 points in 1992, Yang Baiwan invited his relatives to his home and tried to persuade them to let go, because the stock market was very dangerous at that time and could crash at any time, but in the end no one listened to his advice.

After the stock market crashed and he lost money, these relatives and friends turned against him again.

Therefore, for ordinary people, stock speculation and gambling can really be equated, and only a very small number of people can remain rational.

After leaving the Peace Hotel, Deng Shirong and his family visited the Bund to enjoy the night view of this "foreign concession".

The Bund is indeed the most prosperous place in Shanghai, with constant hustle and bustle of traffic. The ancient buildings become extremely beautiful against the backdrop of various lights. Such a night view would be considered beautiful even in later generations, let alone in this era.

Deng Yuntai, Zhang Xiuping and their two children were all amazed by what they saw.

Today's Nanning has not yet developed and there is no night view worth seeing. Even the tourist city of Guilin did not have any night view worth seeing before the Two Rivers and Four Lakes project was completed.

So it was the first time for Deng Yuntai and others to see such a beautiful night view.

The family stayed on the Bund until after ten o'clock in the evening before returning to the Peace Hotel to take a shower and sleep.

In the next few days, Deng Shirong's family wandered around randomly, going wherever there was excitement and fun. Anyway, everything was decided by Xiaodong'er and Dongzi. They went wherever they said to play, and the main purpose was to provide companionship.

After all, there are many interesting places in this bustling Shanghai. After a week, Xiaodong'er and Dongzi had a great time.

Even Deng Yuntai and Zhang Xiuping had a great time. This trip to Shanghai was an eye-opener for the couple.

…

Five Mountains Square.

Spicy girl hotpot.

Li Shuqin looked at her old classmate's huge hot pot restaurant and said in amazement, "Oh my God, Sister Zhu, your hot pot restaurant is too big, isn't it? Are hot pot restaurants in other places also this big?"

Deng Yunzhu shook her head and smiled, "Of course not. This hot pot restaurant is the headquarters of our Spicy Girl Hot Pot. It's only natural that it's a bit bigger. The branches in other places are only 200 to 300 square meters, which is only about one-tenth the size of this hot pot restaurant."

Li Shuqin nodded and said, "Two or three hundred square meters is enough. The area of ​​the main store is too big. I guess a lot of space is wasted, right?"

Deng Yunzhu smiled and said, "It is true that 80% of the space is idle, but it doesn't matter. This is our own store and we don't have to pay rent. These spaces are just temporarily unused. When the business gets more prosperous in the future, these idle spaces will be used sooner or later."

Li Shuqin was shocked when she heard this and asked, "Sister Zhu, this shop is yours, what about this Wuyue Square?"

Deng Yunzhu smiled and said, "It's mine too."

Li Shuqin widened her eyes, then gave a thumbs up and said, "Sister Zhu, I'm really impressed. I'll follow you from now on."

Deng Yunzhu said happily, "With a top student like you joining us, my hot pot chain store is even more powerful. Your main task next is to help me come up with a practical hot pot restaurant management system, so that no matter where I am, I can have a clear understanding of the operators of each branch."

Li Shuqin said confidently: "Okay, leave it to me."

Next, Deng Yunzhu talked to her old classmates about job benefits.

As the general manager of the La Meizi hotpot chain, Deng Yunzhu's treatment was naturally not low. The salary of a few hundred yuan was secondary. The main thing was that she gave her old classmates 1% of the profit dividends, which was a real big deal.

After all, based on the current revenue of the La Meizi Hotpot chain, it is no problem for the chain to make a profit of two to three million yuan a year. If one percent of the profit is distributed as a dividend, that would be 20,000 to 30,000 yuan, which is not a small amount.

What's more, as the number of chain stores increases, this number will continue to grow in the future. It is estimated that in a few years, Li Shuqin's annual income will exceed 100,000 yuan, which is already a very remarkable income for a working person.

Li Shuqin was very touched when she heard this. Sister Zhu was really nice to her. She refused and said, "Sister Zhu, you can give me a salary of several hundred yuan, which is already a very good treatment. Even if I work in the Finance Bureau, I don't know how long it will take to get such a high salary.

Then there is no need to give me profit dividends. I have done nothing and I really cannot afford it!"

Deng Yunzhu smiled and said, "No need to refuse. You are the general manager, a position above everyone else. It is only right that you should be given a share of the profits. As for your failure to make any contribution, I believe that is only a matter of time. You are a top student who graduated from a key university, and you will definitely not let me down."

Li Shuqin said excitedly: "Thank you Sister Zhu for your appreciation. I promise not to let you down. I will definitely manage this hot pot chain for you."

At this point, Li Shuqin began to take office as the general manager. She majored in management in college. The fact that she was able to stand out in a school like Songshan High School with extremely ordinary teaching staff and was admitted to a well-ranked key university was enough to prove her excellence.

After entering university, Li Shuqin felt like a fish in water.

Four years of college life made her stand out among her classmates again and become the best graduate in the class.

Now she has taken up the position of general manager right after graduation. Although there is a lot of pressure, she is not afraid at all because she has a lot of things in her mind.

With her joining, I believe the La Meizi Hotpot chain will surely soar to success.

…

PS: Sorry, I was stuck today, so this chapter is a little watery, please bear with me (ー_ー)!! (End of this chapter)