Chapter 646 647 [plan to make a fortune]

  Thanks to Xiang Nan and Shuihua, the land in Jintan Village was completed in one day.

  All households were busy planting beans, vegetables, and millet immediately, trying to harvest a crop while the temperature was still high.

  寕 Xia is a temperate continental semi-arid climate, which can be summed up as follows: drought and little rain, strong wind and sand, abundant sunshine, strong evaporation, long cold winter, quick warm spring, short hot summer, and early cool autumn.

  Therefore, one crop a year is more than enough, and two crops a year is not enough. If you don’t plant the land in July, then another month will pass, and in September, the temperature will only be 25 degrees at the highest and 10 degrees at the lowest, and nothing will grow.

  …

  After Xiang Nan and Shuihua returned to Yinchuan, Shuihua continued to run his own clothing store, while Xiang Nan was writing articles while thinking about making more money.

  In the 1990s, writing books was no longer very profitable.

   First, the remuneration standard is low. In the 1980s, the remuneration standard was three to ten yuan per thousand characters; in the 1990s, the standard remuneration was ten to forty yuan per thousand characters.

   It seems to have risen. But don’t forget that in the 1980s, the monthly salary of ordinary workers was only 30 yuan; in the 1990s, the monthly salary of ordinary workers reached 200 yuan.

  Wages for workers have increased by six times, and writers’ remuneration has only tripled. Obviously, the standard is low.

  Secondly, social prices are soaring. In the 1980s, pork cost less than one yuan a catty, rice only 20 cents, and daily necessities such as toothpaste and toothbrush were only a few cents.

  In the 1990s, pork had risen to two to three yuan, rice had risen to fifty cents, and toothpaste and toothbrush had risen to one yuan. And with the opening up, there are more people in the society who got rich first.

  The intrusion of European and American culture from Hong Kong and Taiwan has also made people's desire for comparison more and more intense. People are no longer satisfied with food, drink and food and clothing, but generally pursue higher enjoyment.

  Furniture, home appliances, motorcycles, cars... Gradually enter thousands of households, and these are not a matter of eighty cents. A Nissan TV set costs seven to eight thousand yuan, a Chunlan air conditioner costs more than five thousand yuan, and a motorcycle costs more than ten thousand yuan...

  Xiang Nan's two articles sold for 10,000 yuan, which seems a lot, but it is still far from living a good life. Not to mention helping the villagers of Jintan Village get rich together.

   So he has to make more money.

  Writing books and opening a store obviously cannot meet his needs of getting rich quickly, so he set his sights on the stock market where he can make quick money.

  In the 1990s, the Chinese stock market had just opened for trading.

   Shenzhen Stock Exchange, trial operation on December 1, 1990; Hujiang Stock Exchange, official operation on December 19, 1990.

  Xiang Nan checked the information when he came, and knew that June 1991 to May 1992 was the first bull market in the mainland stock market. The index went from 115 points to 1,429 points within a year, a twelvefold increase. This is the earliest madness in the mainland stock market.

  At that time, Yinchuan was still relatively backward, and there was not even a stock exchange hall. Xiang Nan wanted to buy stocks and had to go to Chang'an by car, but he went anyway.

  …

  He told Shui Hua about buying stocks, and he wasn't going to hide it from her.

   After coming to Yinchuan, Shuihua reads newspapers every day, but he knows that the stock market is very hot now, and he also knows that the stock market is risky.

  But she still chooses to trust Xiang Nan.

   "Yong Fu'er, you earned all the money in the family, you are the man of the master's family, you can do whatever you want with it." Shuihua said, "Besides, I believe you."

  Hearing what she said, Xiang Nan was very moved.

   Then he went to Chang'an by train and bought stocks. In 1991, there were not many stocks on the stock market, and all of them were soaring one-sidedly, so there was no need to pick them at all, they were all monster stocks.

  Xiang Nan invested a total of 20,000 yuan, which was earned by writing books.

  Although Shui Hua'er expressed her support for him and believed in him, since Xiang Nan bought the stock, she started to read the financial section of the newspaper every day.

  Xiang Nan knew that she was still worried, afraid of losing the investment.

  However, seeing the stock price rising day by day, Splash's worry turned into joy.

   "Yongfuer, our stock has risen again. You are still the best, twenty thousand has changed to thirty thousand~" she said happily.

  Xiang Nan is really amazing. In just a few days, twenty thousand has changed to thirty thousand. Think about their family, who struggled hard all their lives, and couldn't even save a thousand yuan.

   "Where is this going? You have to earn 10 million yuan." Xiang Nan thought about it.

  They want to buy a house and a car in Yinchuan. According to the highest standard, the cost is almost one million. It is impossible to invest and build a factory in Jintan Village and bring the villagers to become rich without seven or eight million.

   "Ten million?!" Shuihua was taken aback. She never dared to think that there would be so much money.

  Xiang Nan smiled, he was sure of earning it.

  …

  From July to January, Xiang Nan basically writes at home.

"Wuthering Mountain Township", "The Woman Crossing the River of Men", "On the Field of Hope", "Helan's Blood", "Lymphomaniac Flower"...a novel was born from him, with an average of one per month , each about 250,000 words.

  I wrote 1.75 million words in seven months. In the field of online literature, this speed is nothing, and it is even considered slow. But in the field of pure literature, this speed is simply terrifying.

  Xiang Nan also won the title of "Desperate Saburo" because of being so prolific.

  These novels were not only published in magazines, but also published by publishing houses one after another. Xiang Nan also received another payment for the manuscript.

  In 1990, the state adjusted the manuscript fee standard, and the 5% commission for every 10,000 volumes was raised to 8%. The more prints, the more Xiang Nan's commission will be.

   Moreover, the novels written by Xiang Nan are basically popular literature, with strong storytelling and suitable for reading, so the sales are not bad.

   Because of this, by the end of the year, Xiang Nan had earned nearly 200,000 yuan just by writing articles. The money was invested in the stock market one after another by him.

  With the skyrocketing stock market, by the beginning of 1992, Xiang Nan's net worth had risen to 400,000.

  …

  At the beginning of 1992, Xiang Nan wanted to take Shuihua to Shanghai River.

   "For no reason, why go to Hujiang?" Shui Hua asked in surprise.

"Hujiang is going to push stock subscription certificates. I think it's an opportunity to make a fortune." Xiang Nan said with a smile, "Let's go, let's go and have a look. By the way, you can also open your eyes and see what people in a real metropolis are like." Well-dressed. I also know what will be popular in Yinchuan in the future."

  In 1992, Hujiang launched a subscription certificate system in order to issue new shares. Each subscription certificate is 30 yuan, issued in unlimited quantities, and is valid throughout the year. Multiple lottery draws are made, and stocks can be subscribed with the winning number. One subscription certificate can win lots repeatedly.

  However, at the beginning of the issuance, the sales of subscription certificates were not high.

   One book costs 30 yuan, which is equivalent to one-sixth of the monthly salary of ordinary people. Not too many people dare to spend this money; People worry that if they buy too little, they won't win, and the money will be wasted, so they dare not buy.

  However, Xiangnan knew that because no one dared to buy it, only more than 2 million units of subscription certificates, which were originally planned to be issued for 10 million units, were sold. In this way, the probability of winning the lottery has increased by five times.

   As a result, the value of the subscription certificate surged.

   Coupled with the first half of 1992, the stock market skyrocketed. It is not uncommon for an original stock with an issue price of one yuan to rise to twenty or thirty yuan.

   As a result, the subscription certificate, which was originally dismissed, suddenly became a favorite. At the peak, the price of a book was over 10,000 yuan, which was more than 300 times higher.

  (end of this chapter)