The Richest Man Yang Fei

Chapter 1284 519th Anniversary

Chen Ruoling disagreed with Yang Fei's opinion and said, "Yang Fei, what I want to talk to you is really important. I suggest that no outsiders should be present."

She smiled sweetly, then hugged Jiang Hanying's arm and said with a smile: "Xiaoying, you won't mind, right?"

Of course Jiang Hanying minded, but Chen Ruoling told her so, not to hit the smiling person. Jiang Hanying was the kind of person who couldn't bear to lose face, so she had no choice but to nod her head: "Okay, let's talk about it. Yang Fei, I’ll go back and wait for you first.”

Yang Fei knew that Chen Ruoling would not say this if there was nothing important, so he agreed and arranged for Mo Zi to send Jiang Hanying back first.

Chen Ruoling and Yang Fei came to a nearby coffee shop, ordered him a cup of coffee, and said, "Drink it. I always have insomnia at night and don't dare to drink coffee anymore."

Yang Fei was surprised: "You also have insomnia?"

Chen Ruoling said: "That's right! Are you allowed to have insomnia but not me?"

Yang Fei smiled and said: "In my impression, you are the kind of heartless person who doesn't have to think about anything every day and just sleeps after sticking to the pillow."

Chen Ruoling shook her head slightly and said: "Yang Fei, I have a very important matter that I have been dealing with with Shang Hai. I am really in trouble now. Maybe you can help me."

Seeing that she didn't seem to be joking, Yang Fei asked, "What's the matter?"

Chen Ruoling said: "Have you ever heard of a saying? It's the last words a rich man said to his son before he died. He said, you must not start a business, invest, manage money, build factories, and spend your money as you please. The family’s wealth is enough for you to spend a few lifetimes.”

Yang Fei smiled and said, "Really? Who is so awesome? How much money do you make? You can't spend it all in a few lifetimes?"

Chen Ruoling said: "Be a billionaire!"

Yang Fei pondered: "If you really have hundreds of millions in cash, keep it in the bank, don't invest, don't manage money, and live on for several lifetimes, it will indeed be enough. Because a few hundred million twenty years ago is still very valuable now." , twenty years later, it is still a large amount of money that many people will not be able to earn in a few lifetimes. And if a person can spend tens of millions in a lifetime, he can live a relatively prosperous life, at least better than 80% of people. Living a good life. Moreover, I have hundreds of millions in cash, and there is definitely no shortage of villas and real estate. This will help future generations save one of the biggest expenses."

Chen Ruoling said: "But the older generation of our country has taught us that we can only sit back and gain nothing."

Yang Fei put his chin on his hand and looked at her: "Well, what topic are you trying to bring up by telling me this?"

Chen Ruoling said: "My family has suffered a loss."

Yang Fei said: "Loss? In business, it's normal to have profits and losses. Don't worry too much."

Chen Ruoling said: "It's not a loss in the ordinary sense - have you not watched the stock market for a long time?"

Yang Fei said: "I haven't traded in stocks for a long time."

Chen Ruoling said in surprise: "Then you didn't buy anything during May 19?"

Yang Fei has put all his focus and energy on industry throughout his life. Except when he first started, he entered the stock market in order to get enough start-up capital. Except for rising stocks, he basically doesn't pay much attention to the stock market at other times.

However, when Chen Ruoling mentioned 519, Yang Fei immediately remembered it.

"519? Oh, you mean the 519 anniversary?"

May 19, 1999

Our country has released good news about vigorously developing its capital market, and our country's stock market has launched the most spectacular bull market to date.

The Shanghai Composite Index started near 1,050 points and reached 1,756 points one month later. Two years later, it reached a record high of 2,245 points. The cumulative increase of the index exceeded 100%.

The trigger of the "5·19" market was the reform of the stock issuance system, the entry of insurance funds into the market, the gradual solution of legal financing channels for securities companies, and the permission for some qualified securities companies to issue financing bonds and expand securities investment submitted to the country by the State Securities Regulatory Commission. Fund pilot scale, invigorating the B-share market, and allowing some B-share and H-share companies to conduct pilot stock repurchases.

The "5.19" market had a profound impact on the securities market, because since February 1993, the Shanghai Composite Index has been hovering below 1558 points for six full years.

During the "5.19" market, both cities hit record highs - 10 points.

Therefore, some people pointed out that the historic breakthrough formed by the "5·19" market is by no means just a concept of a market in the history of our country's stock market, but has built a new platform for our country's stock market.

However, after the May 19 incident, the stock market subsequently entered a five-year bear market. Thousands of investors were deeply trapped in it, and trillions of market values ​​​​were scattered.

When Yang Fei heard Chen Ruoling mention 519 and that her family had lost money, he guessed it and asked, "Have you invested all your money in the stock market?"

"Yes." Chen Ruoling said sadly, "My grandfather told us to only do business and not be greedy for quick money, but my brother couldn't listen. During the 519 period, he saw that all his friends were relying on buying and selling stocks. I made money, so I invested a lot of money in it.”

Yang Fei smiled and said: "The market is not good now? Has it fallen?"

Chen Ruoling said: "In the past half month, we have lost hundreds of millions. My brother dare not tell his family, but I am here to watch the market at Shang Hai!"

Yang Fei said: "Then you don't have to worry. Now is indeed the best time to enter the market. The temporary limit is not terrible. I believe that the stock market will rise soon."

Chen Ruoling said: "How is this possible? I have no confidence at all. This money was borrowed. If you don't cash it out, the interest will be crushing."

Yang Fei said: "If it's just this matter, you really don't have to worry. I'll make a calculation and it will be a bull market next year."

Chen Ruoling was amused by him: "Real or fake? A big bull market in one year? Since 1993, my country's stock market has not been bullish!"

Yang Fei said: "Then do you know how I earned my first pot of gold?"

Chen Ruoling said: "I know."

Yang Fei said: "You only know that I made money by selling inventory for Nanhua Factory, but you don't know that I also made a fortune in the stock market, right? Jin Dabao still calls me the stock god!"

Chen Ruoling pursed her lips and smiled and said: "The God of Stocks? I've heard of the God of Gambling, but this is the first time I've heard of the God of Stocks."

Yang Fei said: "If you are afraid, just transfer all your stocks to me. I am not afraid."

Seeing that he spoke so firmly, Chen Ruoling felt as if she had taken a reassurance, and said, "If I had known, I should have come to you earlier. After hearing what you said, I finally felt relieved. Then when the stock rises, I will Just throw it away, if you make money, I’ll treat you to dinner.”

Yang Fei said: "Don't be in a hurry to sell. As long as you have sufficient funds, you can save it until the second half of next year."

Chen Ruoling said: "So long? Do you really think you are a stock god? The stock market obeys your orders. If you say it will rise in one year, will it really rise in one year?"

Yang Fei said: "I said it now, of course you don't believe it. By the time you believe it, the bull market will be over."

Chen Ruoling said: "In that case, why don't you trade in stocks yourself?"

Yang Fei said: "Who said I don't trade in stocks? I bought a lot of stocks. As soon as I have spare money, I buy stocks."

Chen Ruoling was dubious: "Show me what stocks you bought?"

Yang Fei said confidently: "You are not my wife, why should I give you my family fortune?"

Chen Ruoling: "..."

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like