wavenovel Chapter 17: Are you crazy?! Investing all your money in a plummeting stock!
Chapter 17: Are you crazy?! Investing all your money in a plummeting stock!
Upon hearing the uncle's words, Chu Ting's expression changed slightly, and she quickly stood up from behind the counter.
She walked quickly to Lin Bei's side, looked down at the transaction confirmation page displayed on the screen.
It really is a "China Southern Airlines XX" warrant?
Why won't this handsome young man listen to advice? I already told him that if he's new to the market, he should buy a small amount first to try it out. That way, even if he loses money, he won't lose too much.
The result was quite unexpected; they invested over ten thousand yuan and bought "China Southern Airlines XX" tickets!
This stock has been plummeting for the past few days; buying now would definitely result in a loss.
Chu Ting looked at Lin Bei, her tone filled with obvious anxiety: "The warrants for China Southern Airlines have been falling these past few days. If the market continues like this, put warrants, although theoretically they move in the opposite direction..."
"But the risks of this variety are just too great. You're a beginner, after all, and you shouldn't be touching this kind of thing from the start."
Chu Ting's reminder was entirely well-intentioned; after all, Lin Bei was too young, and she felt a little sorry for him having to pay compensation.
"That young lady is right," an elderly man with gray hair chimed in with a chuckle. "Warrants rise and fall quickly. Even those of us who've been trading stocks for years don't dare touch them lightly. And you, a young person, are going all in right away?"
"Moreover, this is over ten thousand yuan, which is no small amount."
Some people shook their heads and sighed: "Young people these days are too ambitious; they always want to get rich quick."
"Last month I met a young man who ignored other people's advice and bought things blindly. As a result, he lost more than 3,000 yuan in two days and regretted it so much that he slapped his thigh until it was swollen."
Lin Bei ignored what was being said around him and continued to look at the numbers flashing on the trading screen.
Whether these people's reminders were well-intentioned or mocking, they wouldn't affect his decision.
Lin Bei remembered very clearly that in his previous life, "China Southern Airlines XX" had started to see a small-scale increase in stock price over those two days, and by June 15th and June 16th, it would have increased by 200%, becoming a dark horse in the stock market.
During that boom, some people turned tens of thousands of dollars into millions, a tenfold increase.
It seems that starting around June 17th, the price began to decline gradually, and in just two days, it plummeted to its original level.
Therefore, he only needs to complete the operation and leave the market before June 17th.
If nothing unexpected happens, he will be able to multiply his initial investment tenfold.
Lin Bei turned to Chu Ting: "I know there are risks, could you please check for me to make sure the transactions are all normal?"
Seeing that Lin Bei hadn't listened to her at all, Chu Ting stopped talking, after all, "good words are hard to persuade a damned person, and compassion is hard to save a self-destructive person."
Anyway, it's not her money that's being lost, so let's just consider it a lesson learned.
Still so impetuous with youth… Chu Ting shook her head, and finally sighed: “The deal is fine.”
"But I still have to tell you about the risks. Warrants are not like stocks. They have an expiration date. If the exercise price is not met by then, they are worthless."
"I understand, thank you." Lin Bei nodded.
Chu Ting said no more and turned back to the counter.
The few retail investors who had been watching the spectacle dispersed, muttering a few words as they left.
"This young man is so stubborn; he won't listen to any advice he gets."
"They really won't turn back until they hit a brick wall; they're just young and impetuous."
"Once the losses are paid off in a few days, the person will mature."
"Young people always have to pay their dues."
"I guess it's some young master from another family, here to experience life. But it's a real shame that over ten thousand yuan has gone down the drain."
"Exactly, if you don't want the money, you can give it to me. Why throw it into the stock market and lose it all?"
……
Lin Bei ignored the words spoken around him.
I walked straight through the lobby, pushed open the glass door, and stepped onto the street.
The June sun was starting to get too bright, so he squinted slightly, folded the transaction receipt, and put it in his pocket for safekeeping.
The warrants have already been purchased. I'm just waiting for the transaction to take place in a few days, at which time I will receive 10 yuan.
Although 08 yuan was a lot of money in 10, it was still too little for Lin Bei and not enough to buy a house.
More than a million!
How could he possibly raise over a million in such a short time?
Given Lin Bei's current family situation, his parents' total savings would be at most two or three hundred thousand yuan.
But with so much money, his parents definitely wouldn't give it all to him to buy a house.
First of all, housing prices have plummeted and are practically worthless; you'll lose money no matter how much you buy.
Secondly, how could parents believe that a high school graduate has the ability to make money by speculating on real estate?
Lin Bei pondered for a moment and came up with another method.
I need to borrow money!
However, the people around him were all ordinary working-class families, and none of them could come up with a million.
Wait a minute... Lin Bei suddenly thought of someone.
Su Qianqian!
The daughter of the Su Group.
In 2008, the Su Group had not yet become the richest family like in the previous life, and Su Qianqian's parents' net worth should have just exceeded 100 million.
Or, how about we ask Su Qianqian to lend us money?
Lin Bei thought about it and decided to forget about it.
He just got rejected after confessing his feelings to someone, and then he goes and borrows over a million?
If word gets out, I'll be laughed at to death.
Moreover, Su Qianqian has never revealed that she comes from a privileged family and is the daughter of the Su Group.
How can Lin Bei explain that he knows Su Qianqian's true identity?
Will Su Qianqian think that he only confessed his feelings to her because her family is rich?
Lin Bei shook his head and immediately dismissed the idea.
He didn't want to have any further contact with Su Qianqian; he just wanted them to be ordinary classmates.
Forget it, I'll just have to figure it out myself.
If you really can't raise that much money, you should give up buying a house first and do other business instead.
Just then, Lin Bei's phone rang.
He opened it and saw that it was a QQ message from "Singing of Loneliness".
【Honey, what are you doing? (*￣3￣*)】
Lin Bei replied directly: "Busy making money, I'll buy my wife a gift later."
Soon, "Singing of Loneliness" replied: 【My husband is the best? I'm so touched.】
Even if my husband doesn't buy me anything, I'll still be very happy.
Lin Bei paused for a moment, then replied: "By the way, the warrants for 'China Southern Airlines XX' are expected to see a slight increase in the next few days. If you have some spare cash, you could buy some to try it out."
He knew that his online wife was a very wealthy woman and definitely had some spare money.
Since there's such a good opportunity to make money, I might as well give her a heads-up, so that our online romance won't be in vain.
However, the opportunity has already been given to someone else; whether she is willing to make money from it is up to her own decision.
Meanwhile, Su Qianqian, wearing a silk camisole nightgown and a face mask, was looking at her phone with a joyful expression.
When she received the warrants for "China Southern Airlines XX" that her husband mentioned, her eyebrows furrowed instantly.
Warrants for "China Southern Airlines XX"?
Hasn't it been plummeting for the past few days?
Could it be that my husband is buying warrants for "China Southern Airlines XX"?
That would mean losing money if you bought it!