rebirth from small pockets
Chapter 502 The God of Leeks
Chapter 502 The God of Leeks
Chen Li is actually quite unfamiliar with financial and capital markets, including stock trading.
Chen Li's income in his previous life was actually quite good. Before his rebirth, he actually had some spare money.
But at that time, Chen Li was still a relatively traditional person in essence, so when he got rich, his first reaction was to buy a house or a car, or even support his sister in buying a house or a car, instead of just taking the money.
Go invest.
In the words of the younger generation at that time, Chen Li was said not to know how to manage money and invest.
But in Chen Li's view, his buying a house and a car is actually a disguised investment, and the risk is not that great.
Because whether he buys a house or a car for himself or supports Chen Xue in buying a house or a car, it is because of normal needs and not simply for investment.
Therefore, the risks involved in investing do not exist for Chen Li, because Chen Li feels that there is a need for both houses and cars.
As for stock trading, Chen Li naturally had some experience with it.
It was probably around 2013-15. Chen Li couldn't remember the specific time. Anyway, he remembered that the domestic stock market was very good at that time.
In jargon, that was a big bull market.
Anyway, at that time, Chen Li could meet a lot of people in the nightclub almost every night who had made money from stock trading and spent it.
Most of what Chen Li knew about stock trading was what he heard from these customers during this period.
Chen Li really couldn't remember the specific time, but the impact of this bull market on Chen Li was very big.
How big is it?
The guests who originally only bought the minimum beer package every time they came to the nightclub actually opened the Ace of Spades in the nightclub every two days.
You taste it ~ you taste it carefully ~ you taste it carefully!
How easy was it to make money in the stock market at that time to cause such a big change in a person's consumption concept during that period?
And the most important thing is that there is more than one such person.
Anyway, at that time, Chen Li felt that he just had to throw money into the stock market and wait to count the money.
Of course, this description is somewhat exaggerated. The reason why Chen Li felt this way was mainly because the people he came into contact with at that time who were stock traders basically made money.
It was also at that time that an old customer of Chen Li proposed to Chen Li to try the stock market when Chen Li came up to toast and chat.
To be honest~ Chen Li was going to refuse at first, because he had seen too many people come to nightclubs to get drunk because they lost money from stock trading, and he didn't understand this stuff, so he never thought about it.
But~ there were so many people making money during that time, and some people even made money directly from an Audi A6 in one day.
At that time, Chen Li often dealt with this group of clients, so there were many people who advised him to try the stock market.
And after hearing the news about so many people getting rich, it would be absolutely nonsense to say that Chen Li was not moved at all.
In fact, Chen Li was really tempted at that time. He even prepared 200,000 yuan and was waiting for a familiar customer to take him into the industry.
But the plan couldn't keep up with the change~ At that time, Li Yuan's father suddenly fell ill and was sent to the hospital. The doctor later told him that there was a heart problem.
At that time, Li Yuan had just come out of the mess his father had owed him a few years ago, but he encountered another health problem with his father.
But as a child, you can't just ignore this kind of thing, but Li Yuan didn't have much money on hand at the time, and he couldn't even raise enough money for Li's father's surgery for a while.
Finally, Chen Li gave up his plan to enter the stock market. He lent the money to Li Yuan, and when Li Yuan returned the money to him, it was already a few years later, and the bull market had long passed. Chen Li
It has nothing to do with the stock market.
How should I put it? Although he missed the opportunity to make money in the bull market, Chen Li really did not regret it afterwards.
Perhaps at the beginning, he occasionally felt a little depressed about missing that opportunity to make money, but in fact, the bull market ended less than half a year after Li Yuan's father's surgery.
If Chen Li is a person who just quits when things are good, then maybe he will make a lot of money and run away after entering the bull market at the beginning.
However, as a newcomer, after seeing the sudden wealth in the bull market at the beginning, it is actually difficult to escape the temptation of money everywhere.
Anyway, after half a year, the group of people who used to come here to drink often stopped coming. Even if they came once in a while, they were here to get drunk.
There was even one time when a regular customer who had bought an Audi A6 the day before hugged Chen Li and started crying in the nightclub.
At that time, Chen Li was very depressed. After all, there was a voluptuous beauty sitting next to the elder brother. As a result, the guest hugged Chen Li and cried, but Chen Li had to comfort him with kind words.
It is said that this customer not only lost all his capital because of stock trading, but even mortgaged his house.
And all this cannot be blamed on others, it can only be blamed on him being too greedy at the time. Although he had already earned benefits that many people would find difficult to earn in their lifetime, he still expected to obtain greater benefits.
In the end, all the money was lost, the house was gone, the wife got divorced, and even this old man finally chose a very tragic ending for himself.
It was precisely because of what happened during that period that Chen Li deeply understood the saying circulating in the stock market~!
“The stock market is risky~Be cautious when investing!”
This is why ~ since Chen Li was reborn, when making future plans for himself, he never thought about making money in the stock market.
In fact, it stands to reason that as a reborn person, if you don’t go to the stock market to make a fortune, you will definitely be wasting such a huge advantage of being reborn.
But as for Chen Li, not only is he secretive about stock trading, but he also really doesn't understand stock market trading.
In some novels that Chen Li read in his previous life, the protagonist could easily remember which stocks were bullish or monster in each year.
But what about Chen Li? He did remember a few stocks.
For example, Maotai~Tengxun~Ali and so on!
But it was only 1999, and the stocks that Chen Li could remember were not listed at all during this time period.
Take Moutai as an example. The future king of A-shares will not be listed until 2001, and even its performance for a long time after its listing can only be considered average.
As for Tengxun~Ali, let’s not talk nonsense, because now both Tengxun and Ahri have been completely destroyed by Chen Li!
These two companies are gone. Where can Chen Li buy these two stocks that can make a person the richest man in the future?
Therefore, it is simply impossible to make money by entering the stock market, at least in recent years.
And because he didn't understand the stock market, even if Chen Li entered the stock market, he would choose stocks that required long-term holding and ultimately huge profits.
But doing this would actually make no sense to Chen Li at this stage.
Because he has the money to buy stocks and leave them there to wait for appreciation. Chen Li might as well develop his own career!
Therefore, from the beginning, Chen Li did not include "making money in the stock market" in his future plans.
But I don’t know when this idea suddenly started to change.
Unknowingly, Chen Li suddenly picked up this idea that he had originally given up.
If we really have to make a careful calculation, Chen Li's concept probably changed after he met Ding Sanshi from Wangnan.
When Xiao Ma came to Yanjing to seek investment, he introduced his former netizen, Ding Sanshi, to Chen Li.
Chen Li also met Sister Xu Xingxu at that dinner party!
Putting Sister Xu aside, it was after Chen Li met Ding Sanshi that time that he suddenly discovered that in his previous life, he had had some causal connection with stock trading a long time ago.
It’s not that Chen Li had ever speculated in stocks at that time. In fact, Chen Li at that time was still a young man who had just emerged from the society. He had just barely established himself in the big city of Yanjing. Where could he have any spare money?
Stock trading?
The reason why it is said to be cause and effect~ actually has something to do with this guy Ding Sanshi.
At that time, Chen Li was a player in a game under his company's name. It happened to be that the Internet bubble burst at that time and Netnam's stock price plummeted. In addition, Netnam's management was in chaos, so Netnam was once faced with a big problem of being sold.
Given his status as Chen Li at the time, he naturally had no idea what was going on. He would not even care about it.
But the reason why Chen Li knew this information was because later.
Ding Sanshi became the richest man in China!
Although his status as the so-called richest man is actually very important, at least according to the news reports of the public opinion media, this young man who was only in his early thirties at the time has become the hottest richest man in China.
In the game that Chen Li was playing at that time, many players were saying that they had contributed to Ding Sanshi's position as the richest man.
Chen Li also said this at the time. It was also for this reason that Chen Li at the time paid a certain amount of attention to Ding Sanshi.
It was also because of this attention that Chen Li learned that Wangnan's stock price had risen from US$0.64 to US$70.
It was also because of knowing this information that Chen Li had some experience with the so-called "Internet Bubble" that was reported every day by the news media at that time.
Before that, although Chen Li listened to the news media talking about the Internet bubble every day, in fact, it didn't feel at all to him at the time.
At that time, Chen Li was just a small wage earner. He had only just figured out what the Internet was all about. He didn't bother to care about whether it was a bubble or not!
However, it was precisely because NetNan emerged from the bubble burst and achieved the "miracle" from US$0.64 to US$70 that Chen Li had such an intuitive understanding of the Laoshizi Internet bubble.
In fact, Chen Li regretted it at that time. He regretted that he did not buy hundreds of yuan worth of stocks when the stock price of Wangnan was at its lowest.
You must know that the stock price of Wangnan has almost realized a hundredfold appreciation at that time. If you had spent a few hundred yuan to buy some Wangnan stock before and then sold it for a few hundred yuan when the price was high, it would have turned into tens of thousands of yuan!
Chen Li dares to say that there were definitely many people who had the same idea as him at that time.
However, at that time, Chen Li had no idea that at that time, ordinary people in China could not buy the shares of Wangnan.
At that time, Chen Li knew nothing about the stock market, and he had no idea about Nasdaq or A-shares.
He only knew that the stock price of Wangnan had risen from 0.64 to 70 US dollars, which was almost a hundred times profit.
So, this is actually the first cause and effect between Chen Li and the stock market!
Of course, the cause and effect this time actually doesn't mean much, if it weren't for Chen Li's rebirth.
After all, Chen Li at that time did not have the qualifications or the capital to enjoy that feast.
By the time he had a small amount of spare money, he no longer had that chance.
Therefore, Chen Li, who has not been reborn, has never had any fate with the stock market.
But Chen Li was reborn!
Moreover, although many things have changed due to Chen Li's rebirth, such as Tengxun being sold and Ahli gone, the development of Wangnan has not been affected by Chen Li's butterfly.
At present, Wangnan has begun preparations for listing. Previously, Wangnan even had the idea of hao123 in Chen Li's hands.
However, the other party's offer was too low, and Chen Li suddenly had some thoughts at that time, so he rejected the other party directly.
Yes~ In fact, from the moment Chen Li saw Ding Sanshi, a little thought in his heart had already begun to come alive.
It wasn't until he learned that Wangnan was preparing to go public some time ago that Chen Li's little idea suddenly became turbulent.
Although it is only 1999 and there are still three months before the start of the Internet bubble, who said that only when the Internet bubble starts can we make money?
When the Internet bubble burst in his previous life, Chen Li was just a small wage earner. He didn't understand anything at that time. Even if he did, he didn't have the ability or qualifications to get involved.
But later in his previous life, Chen Li learned some information about the Internet bubble from some novels and information from that year.
Most of this information describes how miserable those Internet companies were after the Internet bubble burst.
More than half of Internet companies have gone bankrupt. Almost all Internet companies have experienced a sharp drop in market value, and the market value losses of most companies have even exceeded 75%.
Even Amazon and eBay, which were operating well at the time, saw their market value drop by half.
Nothing was worse than the communications giant Cisco at the time, which lost 90% of its market value.
In the new millennium after the Y2K crisis, such a gluttonous feast came to an end, leaving a lot of chicken feathers on the ground, and the Internet also ushered in a long recovery period.
These pieces of information all express how much damage the Internet bubble burst at that time brought to the Internet industry, U.S. stocks, and even the U.S. and global economies.
But few people mention that before the Internet bubble burst, what were these Internet people like in the United States, Nasdaq, and Silicon Valley?
But by coincidence, Chen Li happened to have read some information in this area. If he were asked to summarize it, it can be said that before the Internet bubble burst, the Internet industry was
God of leeks!
(End of chapter)
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