booktalesy Chapter 100: Making Money Can Be Addictive
Chapter 100: Making Money Can Be Addictive
A lot happened in the first month of 1991.
Yu Wei's honest attitude and his family background successfully won Tang Yuan'an's approval, and Tang Yuan'an truthfully told his parents about his relationship with Tang Yuan and his opinion of Yu Wei.
When Mr. and Mrs. Tang learned that their future son-in-law was handsome, frank, and sincere, and that he treated their daughter very well, their worries were put to rest, and they no longer objected to the couple's free choice in love.
Tang's mother even made a long-distance call to Tang Yuan, and the two talked on the phone for more than an hour.
After New Year's Day, the stamp market gradually began to strengthen. Whenever he didn't have classes, Hao Zhi would go to Lu Gong's place almost every day.
In his view, he had mastered the secrets of the stamp market, and with his ambition grew, so did his boldness.
Back in his hometown, a small county, Hao Zhidu was a good student and came from a very wealthy family. At school, not only were he pampered by his teachers, but he also had a group of classmates who fawned over and respected him.
At that time, Hao Zhidu felt that the world belonged to him.
But after I got into a top university, everything changed.
Those who could get into Shanghai University of Finance and Economics had academic performance no worse than his. Although most of them were not as rich as him, no one was willing to be his sycophant. He felt like he had suddenly fallen from the peak to the trough.
And to make matters worse, there was another roommate named Huang Xiaochuan who always seemed to be one step ahead of him.
When I first saw that he had a digital pager, I asked my parents to buy me a Chinese-language pager, hoping to outdo him. Little did I know that he also had a mobile phone worth 20,000 to 30,000 yuan. If it hadn't been discovered by accident, this guy would never have let anyone know.
I was thinking of surpassing him academically by studying hard, but he never expected that he would apply what he learned on the spot, combining theory with practice, and leading everyone to speculate on stamps, taking the whole dormitory on a social practice course.
Most importantly, they actually made a profit, although it's only a profit on paper so far. But this shows that Huang Xiaochuan's prediction was correct.
This insight alone put Hao Zhidu far ahead of him, but it also allowed Hao Zhidu to discover a shortcut to making money.
He believes that while long-term investing can be profitable, it is an unknown factor, and short-term trading is faster and more straightforward.
He made some attempts. He bought fifty sets of arts and crafts for 19 yuan each and resold them the next day for 23 yuan each. He made 200 yuan in two days, which is equivalent to a worker's monthly salary.
Having tasted success, he became unstoppable, constantly engaging in short-term trading, earning over five thousand yuan in just half a month.
As the saying goes, "money emboldens the timid," and Hao Zhidu became even more ambitious after making some money.
He planned to make a fortune in the stamp market, and with the money he earned, he would buy a mobile phone like Huang Xiaochuan's. Then he would show others that he, Hao Zhidu, had earned the money himself, while Huang Xiaochuan only had that because of his wealthy uncle. At that time, the difference in their status would be clear.
Having tasted success, Hao Zhidu followed Huang Xiaochuan's example and bought a bicycle as well. However, to show that he was different from Huang Xiaochuan, he bought a brand new bicycle. Two hundred yuan was nothing to him at the moment!
Since the late 1980s, the rationing system for industrial products such as bicycles has been abolished. Previously, you needed a bicycle ticket or industrial voucher to be eligible to buy a bicycle; you couldn't buy one with just money. After the abolition, you can buy one as long as you have money.
After buying the new bicycle, Hao Zhidu showed it off to his roommates in room 222!
But when Ding Yi suggested he treat everyone, Hao Zhi refused without hesitation. "Are you kidding me? I bought a new car to show you I've made money, why should I treat you?" he thought. "My money didn't grow on trees, did it?"
On January 23, the eighth day of the twelfth lunar month, a cold wave from the north reached Shanghai, and the temperature dropped to minus six degrees Celsius overnight. Hao Zhi, undeterred by the severe cold, rode his new bicycle, which he had only bought half a month ago, to meet with Engineer Lu.
After a total estimate, he currently has assets exceeding 8,000 yuan, of which 98% are stamps, and he only has a small amount of cash.
In order to earn more money, he invested all his money, except for the necessary living expenses, in the stamp market.
After wandering around the stamp market, Hao Zhidu was pleasantly surprised to find that the stamps he had bought had increased in value again. Without hesitation, he sold all the stamps he had.
The stamps were sold off, and the proceeds were over nine thousand in cash.
Hao Zhidu was certainly not satisfied with this amount of money; he wanted to invest it in the stamp market and continue to buy other stamps that he favored.
This money was so easy to make. As his capital increased, he earned more and more. He thoroughly enjoyed the feeling of making money; it was incredibly awesome.
Those who succeed in the stamp market, whether they are market makers or speculators, all share one characteristic.
That means daring to take a gamble, but doing so depends on luck. The stamp market is currently booming, which presents an opportunity for anyone who gets involved.
However, when the stamp market boom ends, those who lose everything, including their principal and interest, are often those who cannot control their greed.
Hao Zhi had absolutely no idea of the difference between him and Huang Xiaochuan.
Huang Xiaochuan is a person who has been reborn. He knows the trump card of fate, and just this alone makes him stronger than 9999999 people in the world.
What Hao Zhidu is doing is no different from gambling. He doesn't know what his fate holds. Once he loses control of his greed, all the money he earns now or in the near future will become meaningless.
What's the most tragic thing in life? It's being alive but losing all your money!
Moreover, he himself once possessed a huge fortune.
Huang Xiaochuan, who brought Hao Zhidu into the stamp market, had no idea whether what he was doing would harm others, after all, he couldn't read minds.
He never expected that Hao Zhi would treat him as a competitor.
Meanwhile, Huang Xiaochuan was engrossed in his studies in the library. He hadn't paid much attention to the stamp market lately, as his focus was temporarily on other things.
After selling the stamps, Hao Zhidu was already looking for new targets.
He discovered that the Japanese adult films that Huang Xiaochuan had initially favored were indeed experiencing a surge in price, with trading volume in the market increasing dramatically. The Japanese adult films that used to cost one or two yuan had now risen to five or six yuan.
Although Hao Zhidu considers Huang Xiaochuan a competitor, he is now quite optimistic about the Japanese films Huang Xiaochuan has chosen.
Hao Zhidu analyzed the situation carefully. The high turnover rate indicated that the price of Japanese porn was still rising. In addition, his roommates all held Japanese porn, and they had all bought it when it was one yuan. Without hesitation, Hao Zhidu exchanged the money he had just received for 1600 Japanese porn.
On Saturday, he took the batch of JP stamps back to the stamp market and resold them for one yuan more per stamp, making a profit of 1,600 yuan from this one transaction.
He kept trading like this, and before the final exams, his assets had grown to 15,000.
Moreover, Hao Zhi optimistically estimated that after the winter break, this 15,000 might become 30,000, then 60,000, 80,000, and even 100,000.
His heart is as far as the universe.
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