The Son of Finance of the Great Age

  Chapter 39 Chicken and Dog Ascend to Heaven

  What Sakata didn’t know was that today’s Zhongshi not only reaped a lot, but also drove out the predators lurking in the market to a large extent.

   "Who could it be? Or some institution that sells short in the stock market?" Sitting in the Mercedes-Benz back to Repulse Bay, Zhong Shi thought hard.

  Mercedes-Benz is a scooter I just bought. As for the sky-high priced Porsche, it is not yet time to pick up the goods. Zhong Shi had no choice but to buy another "ordinary" Mercedes-Benz commercial vehicle for his own outings.

  It is a bit similar to the later generations. Mercedes-Benz is also considered a high-end model at this time. Not many ordinary people can afford to buy a Mercedes-Benz just for transportation.

  As for the more luxurious Rolls Royce, Zhong Shi doesn't like this kind of antique car, even though every Rolls Royce is handmade, and it is also the designated car of the British royal family.

  Some countries in Europe have aristocratic inheritance, especially the United Kingdom, which has always been a royal constitution. The royal family still retains the status of head of state in the constitution, and the British army is also loyal to the queen in accordance with the constitution.

   There is only a prime minister and upper and lower parliaments. The British royal family is only a head of state in name, and the actual power is in the prime minister's residence at No. 10 Downing Street.

  As a typical island country, the British conservative atmosphere is relatively strong, but compared to some other island countries, it is not so obvious.

   Every time the President of the United States visits the United Kingdom, he always has to perform a set of traditional etiquette in front of the Queen. At this time, the British media always laughs at the faux pas and ignorance of the Americans in order to highlight the former glory of this fallen empire.

As a royal car, Rolls-Royce also follows the tradition of maintaining its own identity. Not only does each car require handcrafting, but it also carefully selects customers, claiming that it is not possible to buy this car with money. .

  As a British colony, Hong Kong has been influenced by the British in many ways. Many wealthy people in the city prefer British cars, especially Rolls-Royce.

  However, Zhong Shi is deeply educated in American culture and accepts the values ​​of freedom and equality. He does not agree with the British style, and sometimes even scoffs at it.

Thinking of a man wearing a gentleman's hat, holding a civilized staff, carrying an antique pocket watch, and dressed in a thick velvet trench coat, Zhong Shi finds it funny. This kind of set is not feasible in Hong Kong. The weather in Hong Kong is completely different from the weather in London. , if you dress up like this, you will die of heat.

Due to the lack of news and the weakness of the power in the United States, Zhong Shi has no way to know the source of the funds, unlike those large institutions and funds in the United States who may have a rough idea of ​​his positions and sources of funds learn.

The S&P 500 futures index has been issued since 1982. At the beginning, people did not know much about this new investment method. At that time, the daily trading volume on the Chicago Mercantile Exchange was only about 15,000 lots. However, as people With the increasing understanding of this investment method, the trading volume of the futures index of the Chicago Mercantile Exchange is also increasing, and it has become a good hedging method for stock investment in the New York Stock Exchange.

  To give a simple example, those institutions that are long stocks on the New York Stock Exchange can short the Chicago futures index to hedge risks. This is still in the case of not many investment varieties. In fact, with the increasing number of financial innovations and trading varieties, various unimaginable trading methods and hedging methods are emerging in an endless stream.

"Such a large sum of money must be short-selling stocks on the New York Stock Exchange. I will find out which side it is on another day!" Zhong Shi thought for a long time, but he didn't have a clue, so he stopped thinking about it. Anyway, he knew that the Dow in New York had reached its highest point in the past few years, and it was slowly falling in the following days, but in October, the decline suddenly accelerated, so that on October 18, Following the speech of the U.S. Treasury Secretary, the panic that permeated the market was suddenly magnified, and then a rare stock market crash occurred.

"What are you thinking about? Today's operation is really good. I have made so much money in just one repetition. I have never thought of it before!" Ever since he came out of the futures company, Zhong Yi's face was full of excitement. It's been half a day, and he hasn't calmed down yet.

   "Tell me, what will happen if I go in the wrong direction today?" Zhong Shi looked at his cousin's somewhat forgetful expression, and said lightly.

   "..." Zhong Yi was a little dazed, not daring to think about it anymore. If they make a wrong move today, they will lose tens of millions of dollars, and they only have a total of 200 million dollars in funds. According to such a loss rate, they will go bankrupt in just a dozen days.

  Zhong Yi couldn't help but shuddered, a feeling of fear rose in her heart. Futures is a zero-sum game. If someone wins, someone else must lose. Therefore, the most important thing is to survive. If you don’t make money, you must think of stopping losses, so that you can last for a long time.

Seeing his cousin's increasingly serious face, Zhong Shi stopped talking, but said to Lu Hu who was listening to the two brothers with interest: "Brother Lu, how do you use the money you earned last time?" ?”

At the instigation of Zhong Shi last time, Land Rover and a few brothers pooled up a sum of money and used it to operate for Zhong Shi. In the end, they bet on Argentina to win the championship. Land Rover was also very proud, and brought 3 million and other three Everyone shared it equally, and each person got as much as 750,000 Hong Kong dollars.

With money, the first thought of a few people is to buy a house. The property market has just recovered these years, and the money for a few people is enough to buy a big apartment. They have bought houses in the New Territories, Causeway Bay and other places, which can be regarded as stable down. However, Lu Rover had more foresight, and was not in a hurry to buy a property with the money in his hand, and he was living in Zhongshi's mansion now, so he had no consideration in this regard at all.

Lu Rover has always been thinking, at the right time, let Zhong Shi give him an idea, how to invest, so that the money will become more and more, but there has never been a chance, but today the opportunity came .

   "I put the money in the bank, and I don't have any plans for the time being!" Lu Rover was overjoyed, his eyes were still fixed on the front, but his heart was active.

   "Store in the bank, which is the most disadvantageous. Although it is safe, the return is also the lowest. Have you ever thought about investing it?" Zhong Shi frowned first, and then asked tentatively.

  Although he has an irresistible relationship with Land Rover, it is difficult for him to make decisions for others when it comes to money. Right now I have a good idea, if I don't use it, it would be too wasteful.

Unexpectedly, Lu Hu was waiting for his words. Upon hearing these words, Lu Hu nodded his head like a chicken pecking rice, and kept making "hmm" sounds in his throat, for fear that Zhong Shi didn't see it. He nodded.

   "There are two good choices right now. One is to invest in the Hang Seng Index, and the other is to put it in the stock market. I don't know which one you want to invest in?" Zhong Shi was also happy when he saw that he agreed.

"Ah?" Lu Rover was obviously stunned for a moment. As soon as his hands slipped, the car rushed out involuntarily. Ask carefully: "Do you know the difference between the two?"

  He just saw that Zhong Shi invested in the S&P 500 market and made tens of millions of dollars in just half a day, and he was very envious. But after hearing Zhong Shi talk about another situation, he realized that it was also possible that he had lost tens of millions of dollars.

  Thinking about it this way, he was also a little scared, thinking that this stock index is not based on luck? How is it different from gambling? So when I heard Zhong Shi talking about the index, I was a little at a loss.

  Although he doesn’t understand what is the S&P 500 and what is the Hang Seng Index, but according to what Zhong Shi said, the two should be similar. As for stocks, he has heard a lot about them in the past two years, and he has a certain understanding of their operating rules.

   "What? The Hang Seng Index? With his little money, isn't he a mermaid?" Zhong Yi said in surprise.

In May 1986, the Hong Kong Futures Exchange successfully launched Hang Seng Index futures. By October 1987, the trading volume had exceeded 25,000. The Hang Seng Index had risen to around 2,000 points at that time, and the value of each contract was about 100,000 Hong Kong dollars, which was undoubtedly a large sum of money for Land Rover.

  When shorting the S&P 500, Zhong Shi also thought about doing something on the Hang Seng Index, but the Hong Kong Hang Seng Index market is too small to achieve his goal of rapid capital growth.

  Hearing Zhong Yi Wuxin's words, Lu Hu couldn't help but blushed, turned his head quietly, and looked ahead carefully.

   "There are small ways to play, as long as you operate flexibly, you can still make a lot of money!" Zhong Shi said without hesitation. In fact, this is indeed the case. Although it cannot be easily doubled several times like Zhongyi, it is basically worry-free to have 50% of the annual income.

"Old Lu, the fact is that if you invest in the Hang Seng Index, you may quickly earn several times in a short period of time, while investing in stocks will allow you to earn for a long period of time. Although the growth is slow, it is as good as Enterprises grow together, and in the future it will be no less than investing in the Hang Seng Index."

   "Then if I invest in the Hang Seng Index, will I lose everything?" Lu Rover looked at Zhong Yi's face and asked cautiously.

"Of course, that's called liquidation. Not only will there be no penny left, but you will also be subject to debt collection!" Zhong Yi had a serious look on his face. It was obvious that he had worked hard in the financial market during this period, and he had no interest in futures. Know a lot.

   "Then I'd better invest in the stock market!" Land Rover looked at Zhong Shi with the same expression, and knew that what Zhong Yi said was not false, he said firmly without thinking about it.

   "Well, you should find a brokerage firm as soon as possible, and when the time comes, I will point you to a few stocks." Zhong Shi nodded and stopped talking.

  Future refers to such a risky thing, it is really not suitable for ordinary people.

   (I found out that the Shanghai Stock Exchange is about to launch individual stock options today, and now I am conducting training online. Friends who are interested can go and have a look.)

  (end of this chapter)