Chapter 148 I Became a Multi-millionaire
Things change with time.
Two years ago.
It was a feast for technology and internet startup stocks, which ignited the bull market in 2015.
Now,
It is a paradise for blue-chip stocks and has emerged from the blue-chip market.
At this moment, looking back on the past, it is that deformed cow, the mutated cow, the cow that died prematurely, that finally took another step and entered the second half of the bull market.
The cycle is late but it has arrived.
Value will never be buried.
Countless value investors were partying in the forum, they received the biggest rewards from the market, but there were also countless people who dropped out midway and shed tears.
After all, this moment was delayed for two years.
Not everyone has this kind of patience.
Those who are at odds began to "take revenge". Someone dug up the post from five years ago that said "White wine is dead, burn paper if you have any problems" and began to lash out, satirize and mock it.
The replies were sharp and sarcastic.
"Everyone, come and see, this is a typical case of leeks being sold at the lowest price. Everyone must be careful."
"No one drinks baijiu? Open your eyes and take a look. It's 2017 now, and Moutai costs 700 yuan. Who among those with a little status doesn't drink Moutai?"
"No matter how bad the news is, it can't stop the golden signboard of Kweichow Moutai! Just these four words are priceless! The market value is trillions!"
Posts are like clouds, opinions are like rain, stock gods are everywhere, and stories of getting rich quickly begin to spread.
Some people have been working hard since 2012, investing heavily in Moutai for five whole years. They have endured the contempt of others, heard countless people's ridicule, and withstood the temptation of huge profits from technology stocks in 2015. Finally, they waited for the return of the king Kweichow Moutai!
Some people ignored the opposition of their family and friends and insisted on increasing leverage and gambling. After years of hard work in the real estate cycle, they finally reaped a good harvest!
And some people...
One stock god after another emerges, accompanied by their admirable perseverance, respectable investment ability, and dazzling and somewhat suffocating performance.
Naturally, it attracted countless fans to admire, flatter, follow and congratulate him.
Such stories and posts are endless in major stock forums, making it overwhelming and tempting everyone to invest all their money in the stock market and make a fortune.
Li Feng took a deep breath and opened his financial account, which was also bright red, so red that it was blinding and made his heart beat faster.
The largest holding stock is Kweichow Moutai, which was invested heavily in the third quarter of 2015 with a cost price of 190 yuan. After holding the stock for two years, with a cost of 1.1 million yuan, the profit has exceeded 2.7 million yuan!
More than three times the return!
The second largest holding is Gree Electric Appliances, which was acquired in early 2016 at a cost price of 18 yuan. The stock has been held for more than a year and a half. During this period, the cost of about 1.4 million yuan has been increased and a profit of 2.6 million yuan has been made.
More than double, nearly triple the return.
The third largest holding is China Evergrande, which was established in 2017 with a cost price of four yuan. After holding the stock for less than a year, it has now risen to 25 yuan, an increase of more than six times. 150,000 yuan has directly become 937,500 yuan!
It's unbelievable.
The fourth largest holding, Ping An of China, was also established in early 2017 at a cost of 39 yuan. After holding the stock for more than half a year, the investment of 550,000 yuan doubled to 1.1 million yuan.
Plus other miscellaneous small positions.
Today, the total assets in Li Feng’s account have exceeded 11 million!
I am a multi-millionaire.
Li Feng looked at the number in his account and felt it was a little unreal.
A few years ago, he was still lying in the hospital with a debt of 500,000 yuan, but now he has assets of over 10 million yuan.
This is what is so fascinating about the stock market.
If you have experience, then the stock market is your place of happiness, your ATM, and your path to financial freedom.
Taking a deep breath, Li Feng closed his financial account.
He knew that the reason he could achieve such a high rate of return was not only because of his high stock trading skills, but more importantly, he chose the right time and chose to sow in spring.
This is only a temporary reward from the market. Once he goes against the will of the market, these rewards will be immediately taken back by the market.
No mercy!
Beside her, Zhao Xinyue secretly withdrew her gaze, her heart pounding.
Tens of millions of assets!
Li Feng’s assets actually reached tens of millions!
She felt a little breathless when she thought of the number.
This is tens of millions, a number that you can't even dream of. If it were me, I might not be able to earn it in several lifetimes.
Li Feng drank a cup of tea and saw Zhao Xinyue's excited red face. He asked, "How do you feel?"
"Why don't we just stop while we're ahead and sell them all," Zhao Xinyue advised.
"Look, the market is crazy right now, so crazy that it's a little scary. There are almost no bears in the market, only bulls. It feels a bit like 2015."
After a pause, Zhao Xinyue flipped through the information she had searched for and said:
"Also, look at this internet fund. They don't buy tech stocks, but instead are heavily invested in blue-chip stocks. The fund's net value is running faster than a rabbit. It's a complete scam. Also, this Oriental Red Fund said it would issue 2 billion yuan, but ended up selling 10 billion yuan in just one morning! And Kweichow Moutai is now over 700 yuan, and some fund managers are already predicting it will reach 1,000 yuan..."
"besides………"
Zhao Xinyue kept talking and asked Li Feng to stop while he was ahead.
Li Feng shook his head and analyzed:
"Generally speaking, fund companies buy at the top of each market rally. This was the case at 5178 points in 2015 and 6124 points in 2007. It should be the same this time as well."
"However, we still need to observe carefully to determine which area is the top now. Let's wait and see what happens after the Central Economic Work Conference in December before we make a judgment."
Zhao Xinyue said worriedly, "If you don't sell it now, you might get stuck later."
Li Feng explained:
"The rule of fund groups is to invest heavily in one or several industries, launch new funds, and boost old funds, stepping on the left foot and the right foot, until there are no new funds to launch."
"So, under normal circumstances, the top that funds buy into is not a sharp peak, but an arc top, just like in 2007, when the market peaked at 6124 and then adjusted for three to five months before plummeting. As long as there is no sudden tightening of funds like in 2015, it's fine to wait another month."
Zhao Xinyue took action and resisted the urge to sell the stocks in her account.
Li Feng then reminded him, "You can take the opportunity to review the real estate market over the next few days. This will be helpful in analyzing our investment strategy for next year."
"good."
Zhao Xinyue thought about it and went to check the latest real estate policies.
Li Feng took a few glances at the monsters on the financial forum, and suddenly heard someone @ him on WeChat on his mobile phone.
He opened it and his eyes instantly turned cold.
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