Feng Haidong, Lu Yaorong, and Mei Yaqin reunited once again.
This time, Lu Yaorong brought very good news.
After the three of them sat down, Lu Yaorong immediately took out money from his bag.
“Sister Mei, this is the money I borrowed from you before, and this is the 10% interest for you. This wave of stock price increases has been really good. I originally wanted to wait a little longer before selling, but my brother-in-law said that you urgently need the money, so I had to sell it all.”
Mei Yaqin looked at the money Lu Yaorong took out and a look of surprise appeared on her face.
After a moment of stunned silence, Mei Yaqin said, "Yaorong, I never thought you could actually make so much money from stocks!"
Lu Yaorong smiled confidently and said, "Sister Mei, I may indeed have a talent for this, a kind of inspiration. The stocks I'm right about really do go up."
Mei Yaqin exclaimed, "Yaorong, are you going to make a fortune?"
Lu Yaorong said, "I wouldn't dare say I'll make a lot of money, but I can still earn some small amounts, which is much better than the salary I get from working a regular job."
Mei Yaqin thought for a moment and said, "Yaorong, could you teach my older sister? She'd like to trade stocks with you in the future."
When Lu Yaorong heard that Mei Yaqin wanted to invest in stocks with him, he immediately perked up.
"Sister Mei, would you like to invest in stocks together?"
Mei Yaqin said, "I don't really understand, but seeing how much money you make, Yaorong, I think following you should be the right choice."
Lu Yaobin said, "Sister Mei, to be honest, now is indeed the best time for the stock market. Many stocks can double in just one or two days. Now is a good opportunity to enter the market."
Of course, I generally don't trade large-cap stocks; I mostly trade small and mid-cap stocks. I also don't do the kind of quick in-and-out trading where I sell in a day or two. Once I've identified a good entry point, I usually wait a month or two. I think that's a much safer approach.
As Mei Yaqin listened to Lu Yaobin's earnest analysis, she realized that Lu Yaobin was indeed very knowledgeable, and she immediately trusted Lu Yaorong even more.
Feng Haidong sat to the side without interrupting, listening to Lu Yaorong and Mei Yaqin talk.
After listening for a while, Feng Haidong had to admit that his brother-in-law was indeed quite capable and had seriously studied the stock market and stocks.
After Lu Yaorong and Mei Yaqin chatted for a while...
Feng Haidong then spoke up, "Yaorong, I've listened to you for a while, and I feel that you really know a lot about stocks. However, I still have to remind you that the stock market is very risky, so don't get too involved."
Upon hearing Feng Haidong's words, Mei Yaqin couldn't help but say, "Haidong, I think Yaorong is quite capable. Based on what he just said, he shouldn't fail, right?"
Feng Haidong said, "No one can say that they will never make a mistake in anything."
These words surprised both Mei Yaqin and Lu Yaorong.
Feng Haidong continued, "It's good to be confident, but no matter how confident you are, you can't be so confident that you won't make any mistakes."
You must understand that what you're investing in the stock market is real money. Even the slightest mishap could wipe out your entire investment. I'm not trying to stop you, but I hope you'll be more cautious and not become overly reliant on the stock market.
After listening to Feng Haidong's words, Lu Yaorong and Mei Yaqin looked at each other, unsure of what to say.
Feng Haidong continued earnestly, "I know that Yaorong, you are indeed making money in the stock market now, and the stock market is doing very well. But one must be prepared for any eventuality and leave oneself a way out. One cannot rush headlong into things."
Upon hearing this, Mei Yaqin finally came to her senses and agreed, "Yaorong, your brother-in-law is right."
Lu Yaorong was silent for a while before speaking: "Brother-in-law, I disagree with what you said. I think that if you have enough confidence, you should go all in and have the courage to take a gamble in order to get the reward you want. If you always think about leaving room for maneuver, you will definitely not be able to accomplish anything."
Feng Haidong never expected his brother-in-law to say such a thing.
He felt a sense of helplessness. Now he could understand why Lu Yaobin had become increasingly extreme in his previous life.
Moreover, Lu Yaorong always went all in when investing in stocks.
This was indeed the outcome decided from that point on.
Feng Haidong hesitated for a moment, but continued, "Yaorong, what you said about going all in is not wrong, but going all in depends on the situation. For something like stock trading, the risks are so high, I don't think it's worth going all in."
Upon hearing this, Lu Yaorong's expression suddenly changed.
"Brother-in-law, I know that you have made money in business now, and you and Lao San have also made great success of your company. In your eyes, I am not as capable as you, but you can go all out when you open a crayfish restaurant and Lao San can go all out when you open a company. Why can't I do the same?"
You have your careers and your strengths, and I have mine. I think stock trading is one of my strengths, so please don't interfere, brother-in-law.
Feng Haidong never expected his brother-in-law to speak to him like that.
What was even more unexpected was that his brother-in-law actually felt that he was preventing him from doing great things.
Feng Haidong shook his head helplessly and said, "Yaorong, the businesses we run are all based on real substance. Tell me, what real substance do you have in your stock trading? Can you become a shareholder of those companies and participate in their decision-making?"
After a brief pause, Feng Haidong said more bluntly, "To put it bluntly, what you're doing in the stock market right now is basically playing a guessing game. All the decisions those companies make have virtually no relation to the stock market. Do you think it's worth betting everything on something like that?"
Lu Yaorong said, "Brother-in-law, you're wrong. The stock market is a legitimate investment. I carefully research the background of every company I buy, as well as their published financial reports. The stocks I invest in are all from companies with sufficient strength."
After listening to Feng Haidong and Lu Yaorong argue for a while, Mei Yaqin finally couldn't help but interrupt them.
"Haidong, Yaorong, you two shouldn't argue. I think this is actually a matter of personal choice. Haidong, you may not like stock trading, so you may have a little prejudice. Since Yaorong can make money in stocks, it means he must have the ability. Moreover, I think his analysis just now makes a lot of sense."
So I think Haidong, you shouldn't view this matter with prejudice. If you think it's wrong, you don't have to participate, but you shouldn't suppress Yaorong's enthusiasm as his brother-in-law.
Upon hearing Mei Yaqin's words, Lu Yaorong immediately replied, "Yes, you are my brother-in-law, and I respect you, but you cannot interfere with my freedom to trade stocks."
When Feng Haidong saw that Mei Yaqin and Lu Yaorong both said this, he understood that he couldn't persuade them.
In the end, all he could say was, "Alright, since you're all so confident, then I can only say one last thing: never put all your money into the stock market. That's all I have to say."
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