Chapter 145 145 Housing prices began to plummet, the plan to buy a mansion to pick up money

  In the afternoon, Wang Guanxi returned to the Queen’s Quarter.

  In fact, I have been very busy recently.

  Make money in the stock market, drink and socialize, and have a business layout.

  This weekend afternoon, I will have a good rest at home.

  This sleep, it's 5:30 in the afternoon.

  My parents are back, and my cousin is also here.

  Mother Mo Yunzhen is cooking in the kitchen, while father Wang Junming and cousin Wei Dezhou are sitting on the sofa, drinking good Longjing tea and talking boastfully.

   "Guanxi, wake up" Wei Dezhou took out a gift and gave it to Wang Guanxi.

  "Thanks to Cousin" Wang Guanxi took over and asked, "Have you made a lot of money in your account recently?"

  Now his father Wang Junming and cousin Wei Dezhou have reversed their lives. They shorted 120 hands of the Lushen 300 Index, with a position of 4070 and a fluctuation of 36,000 RMB.

  Now the Lushen 300 Index has fallen to the 2800 position, and the account has a floating profit of RMB 45.72 million.

   "Haha, of course," Wei Dezhou said proudly, "This time it is finally developed."

  Wang Junming also said: "Your old retail investor finally won the dealership"

  Weidezhou laughed: "Those dealers are also human, and they make mistakes and lose money."

  "10 bookmakers, 8 lose money this year"

   Then he opened the news and said with a smile: "Look at it!"

  This time a piece of news, headline party.

  [383 fund managers lost more than 1 trillion yuan]

From the high of 6124 in October last year, the Shanghai Stock Exchange Index fell back to around 2,800 in June this year, a drop of more than 50%. The fund manager, known as the proud son of heaven, suffered a total loss of one trillion yuan in the first half of 2008. What happened during that period?

They are well-informed, each holding billions or tens of billions of funds on hand. They seem to understand a large number of unknown market secrets and can accurately grasp the opportunities to buy and sell stocks. There are always numerous public occasions. Surrounded by fanatical admirers, they talked freely.

  What they say is rich in words, and all of their listeners are engrossed, lest they lose the opportunity to make a fortune because they miss important information.

  They are fund managers who are hailed as the pride of heaven. They are considered mysterious and omnipotent.

  The only regret is that an epoch-making thing happened to them, but it is not enviable. In the first half of 2008, they lost an overall loss of up to one trillion yuan, surpassing the total profits of the 169 central enterprises that are the backbone of the national economy in 2007.

   "These guys, aren't they all losing money"

  Widezhou poured a cup of tea with a smile on his face, and drank it leisurely.

  Wang Junming is not a professional, so he couldn’t help asking: “Is this true or false? Loss of 1 trillion?”

  Widezhou said in a very positive tone: "Of course it is true. The stock price has been falling and the market value of the stock market has been shrinking. Who do they hold so many stocks to sell to?"

  Wang Junming nodded and said with a smile: "So huge stocks need to be cashed out, and a huge amount of capital is needed. And the retail investors who go to buy the bottom, how much money can they have, it is not enough to stuff their teeth."

  Wang Guanxi also said: "But the market has gone up after many adjustments and callbacks. Every time there is a callback, retail investors enter the market and then bargain-hunting halfway through the mountain. Many retail investors are hooked into the market and become high-level receivers."

  If you remember correctly, the stock market will be down for a few years in the future. Many old stockholders who bought stocks in 2007 and 2008 have been trapped for several years.

Wei Dezhou said a little inflated: "What is the dealer? The market has fallen so much this time. I don't know how many institutions have suffered terribly. We will lie down and make money. Now the economic situation is getting worse and the Lushen 300 index must have fallen to Below 2,000, we can make at least 70 million or more by then. Old watch, this time we will acquire the going bankrupt Shenfang Industrial Group, it will be a breeze."

When it comes to the acquisition of Shenzhen Textile Industry Group, Wang Junming is also very excited. Recently, the company has reached the brink of bankruptcy. The daily expenses are very large. Bankers and suppliers often come to the company to ask for money. The boss Zhou Hongtian borrows money everywhere. Tired of debts, but the company is a bottomless pit that cannot be filled at all.

   "I'm waiting to be the boss this time, haha"

   As he said, he picked up the tea cup excitedly, took a sip fiercely and said, "After working for a half of my life, I am going to turn over this time."

  Think about it and get excited. I didn’t expect that it is so easy to make a fortune in stock index futures, and you can make so much money once you get it right.

   "Haha, yes, old watch, we will also be the boss in the future" Wei Dezhou said to Wang Guanxi again: "Guanxi, you are also a rich second generation."

  This time he will make a lot of money on the Lushen 300 Index, which is completely beyond his expectation, but he has finally made a fortune. This kind of fortune opportunity will happen once in 10 years.

  Wang Guanxi heard it and smiled and said: "That's really an honor, it's an honor."

  At this time, I saw another piece of news.

  [Shenzhen real estate speculators went bankrupt due to falling house prices and had 69 sets of houses with assets of over 100 million yuan]

  From 2006 to June 2007, in the turbulent wave of rising housing prices in Shenzhen City, they went crazy with housing prices in the back and forth reselling of houses and became one of the main drivers behind the rise in housing prices. Today, the tide has receded and housing prices in Shenzhen have fallen by more than 30% as a whole, and most property speculators have also become naked swimmers.

  The real estate speculator’s name is Li Dong.

  Wang Guanxi couldn’t help sighing: “It’s really sad.”

  Weide Zhou said: "I know this guy. Real estate speculation has failed. Alas, loan speculation. Now I live in a rented house for 300 months."

  "This guy is a typical example of sudden death due to being deeply trapped by the property market. Not long ago, he was a speculator with billions of assets. Now he is a poor family."

   "It was really profitable to speculate in the Shenzhen market before. I heard Li Dong say that some houses have zero down payment, and the monthly payment is lower than the rent. He made a lot of money with 400,000 savings at the time."

   Then he talked about Li Dong's story.

  In 2004, I bought a dozen flats with my friends. Then in early 2005, the hype began to prevail. First, developers raised prices, followed by real estate agencies, and the rapid economic growth.

In September 2006, Li Jindong, who had more than 50 houses in his hand, reached the pinnacle of his career in real estate speculation and lived a life like a nobleman. He has millions of cash in his hands at any time to go wherever he goes. There were people who drove to pick up and drop off. We had to enter the restaurant every day to spend a small meal, which made Wei Dezhou very envious, regretting that he had traded in stocks and did not go to real estate.

  But now Li Dong is kneeling, 69 suites are zeroed out, and Wei Dezhou is also very grateful that he didn't go to real estate speculation at the beginning, and then the real estate speculation adds leverage, it is very easy to end.

Wang Guanxi smiled and said: “Real estate speculation is still very profitable. It is to sell at high prices and buy at low prices. Just like stock speculation, if Li Dong can resist, these 69 sets are worth a lot of money in the future, and housing prices will continue to continue. Skyrocketing"

   "Haha, Guanxi, let your dad buy more apartments in Shenzhen in the future." Wei Dezhou said with a smile, "I also think that housing prices in Shenzhen will continue to skyrocket in the future."

Then he analyzed it and said: "The houses in Hong Kong are small and expensive. The houses in Shenzhen are big and cheap now. They will definitely catch up with the housing prices in Hong Kong in the future. If you buy a few more houses, just wait for the housing prices. It has skyrocketed and made a lot of money. To be honest, I feel that the whole life of working part-time is not as good as the money made by buying a house and investing."

  Wang Guanxi did not expect his cousin to be really rich in investment vision. Indeed, housing prices have risen rapidly. For ordinary people, buying a few houses in Shenzhen and Lushi will really make a lot of money in the future.

  At this time, Mo Yunzhen walked over, put the prepared dishes on the table, and said: “I heard that housing prices in many places in Shenzhen are beginning to fall sharply.”

  Wang Junming said: "Yes, I heard that many real estate speculators are very sad now. I don't know what the price will fall to. I am worried about buying halfway up the mountain."

  Wei Dezhou thought for a while and said, "What are you afraid of? When we finish this Lushen 300 index, we will buy two houses where we can buy them."

   "The house price should be very cheap by then. Many loan speculators are over. The house price will continue to fall. When the time comes, we will go to the bottom of the house."

  Wang Guanxi opened the mouth and said: "Yes, you can enter the market to buy the bottom when the house price drops to the bottom, just like buying stocks."

  He will mainly be in four places in the mainland in the future, Shenzhen City, Lu City, Nanjing, and Guangzhou City. In the future, buying a Daxia in these places will not only collect rent, property fees, but also increase value.

Immediately the global economic crisis will come, and he will make a lot of money by then. According to his investment expectations, Penguin Group, BYD Auto, and Amazon will have to spend a lot of money. It is estimated that there is no money to buy a building, but he can buy it with a loan. Buildings, after the economic crisis, the mainland economy will be very, very hot. Building rents and property fees can get a lot of money, which is enough to repay the bank interest principal. After 10 years, you can recover the cost and get a building for free. It's like picking up money.

For example, asking a bank to take a loan of 1 billion. This loan is a long-term loan. For 10 years, assuming a fixed annual interest payment of 4%, the interest will be 400 million in 10 years, and the housing price after 10 years may double several times. , 1 billion becomes 3 billion, or even 4 billion.

  The principal plus interest is 1.4 billion.

  Can buying a building make money unsteadily?

  Thinking of this, Wang Guanxi couldn't help but look forward to it. He really wanted to borrow 10 billion in the future. Where can I buy ten buildings in Shenzhen, Guangzhou, and Lu.

  But now we have to make money quickly, and make enough money before the global financial tsunami arrives.

  Widezhou smiled and said: "Indeed, real estate speculation is the same as buying stocks. Hey, this year is a nightmare for many people, but it is a wealthy year for us."

   "Old watch, don't you think it is not?"

  Wang Junming smiled and said, "Haha, of course it is. This year is our financial year.’

  As he spoke, he took out the cigarette, and then the two of them smoked.

  After dinner, Wang Guanxi opened the stock chart of China Resources Beer Group.

  Last week, he shorted 5 million shares of China Resources Beer at the 30.00 position and earned 75 million Hong Kong dollars.

  The stock price fell to 14.00 at the time

  After he liquidated his position, a large amount of money entered the market and pulled the stock price to 20.00.

   gave him another opportunity to go short.

  The market will open tomorrow Monday, and if the stock price rises above the 25.00 position, he will continue to short!

  (End of this chapter)