Chapter 995 The stock market started to plummet again!
Why didn’t everyone in the courtyard want to move? Cao Dongfang knew it wasn’t a problem with the house. The people in the courtyard were rich and could buy any house.
He just didn't want to live apart from her. For thirty years, Cao Dongfang had been advising them to make money. There were many such things, and even in the stock market, everyone made at least tens of thousands of dollars.
Not to mention the investment in the car dealership and Nihouzi, the worst one was 300-400 million a year. Liang Ladi and Yu Li made more than 2 billion a year.
Where can they find a "good adviser" like Cao Dongfang? And Cao Dongfang's status also determines that they will not be bullied.
They were relieved to hear that they didn't have to move. Now they are studying the matter of opening a bank. Xu Damao went to the European region to recruit a general manager in a good mood.
This year's dividends were handed over, and all the twelve people who had previously invested received dividends in proportion. Everyone had heard that banks made money, and it was Cao Dongfang's idea to participate.
After a few years of dividends, everyone has money in their hands, and where the money goes becomes a big problem. Now people in the compound don’t like to deposit money in the bank.
This time it's my own bank. Not only do I have a place to go, but I can also make a lot of money. The dividend ratio has to be recalculated.
In the end, Xu Damao and Cao Jiajia invested 21 billion, each accounting for 15% of the shares, He Yushui invested 47 billion, accounting for % of the shares, and the others invested billion, accounting for % of the shares.
The twelve of them also have different proportions of money contributed, and the total share capital is tentatively set at 1 billion. Xu Damao and Cao Jiajia each have an additional % of the shares. Why do everyone agree?
They themselves do not need loans, and the annual dividends are used to expand the scale of production, but a portion of the money is still distributed as dividends.
This year's dividend is actually over 1 billion yuan, and million yuan can be taken out. Xu Damao was obedient and borrowed another billion yuan.
The extra 10 billion yuan that Cao Jiajia and his team have is a special fund, which is considered as shares, but the interest rate is temporarily set at 25%, with a maximum interest rate of %.
This is 2.5 to 6.25 times higher than bank deposits, and it is also an investment that everyone is satisfied with. It is very important that you don’t have to spend your own capital.
.......
In September, both television and the stock market began to broadcast the message "The stock market is risky, so be cautious when entering the market." Cao Dongfang learned about this by accident.
Looking back on my previous life, it seems that this sentence appeared in the second half of 1996. The stock market plummeted, but the exact time is unclear.
Scanning the stock markets of cities across the country, it is no wonder that Chen Xueru said a few months ago that the stock market was soaring, especially after his May Day speech.
The stock markets in various cities are crowded with people, packed tightly together. There are too many retail investors in the halls. This crazy stock market is abnormal.
Cao Dongfang came to Chen Xueru!
"You have nothing to do today, let's go shopping later." Chen Xueru was the same as before.
"I came here because I think the stock market is going to fall sharply. I will check the stocks first and see their price-to-earnings ratios," Cao Dongfang replied.
"The stock market is going to crash, you see."
Cao Dongfang quickly saw from the system that there were many companies with a price-to-earnings ratio of 60 times, more than one hundred companies with a price-to-earnings ratio of times, and twelve companies with a price-to-earnings ratio of more than one hundred times.
It has been proven that the stock market is bound to fall too much. This is no longer an investment but speculation.
"How much money do you have in the stock market? Sell it all in batches over the past month and a half, and then buy at the bottom when there is a big drop," said Cao Dongfang.
"It's so serious, how much do you think it will fall?"
"It should be above 40%. Each stock has a lot of water content."
"So many. I have over 2 billion worth of stocks, and I have to sell 70 to 80 million worth of stocks a day. I'll go back and calculate how many stocks I sell in a day." Chen Xueru believed what Cao Dongfang said.
.......
Cao Dongfang returned home from get off work and asked his mother, "Mom, how many stocks do you have in the stock market? Sell them all before October 31st. The stock market is going to fall sharply."
"I haven't been to the stock market for four years. The last time I went was when Rong just got pregnant with Ruirui, and I converted all my money into mid- and long-term stocks.
At that time, it seemed to be 600 million, but I don’t know how much it is now.
"Rui Rui has grown up. How about you... tomorrow? Forget it. Give me your account number and password, and I will help you sell them in batches.
It is estimated that it may double. There are too many people in the stock market now, and the market is no longer normal. "
"Brother, why do you think it's a big drop? Help me sell some stocks. I have 4.5 billion worth of stocks." Cao Jiajia wanted to know clearly.
"'The stock market is risky, so be cautious when entering the market.' This is not a joke. The stock market has only been open for ten years. This is what ordinary people say on TV and in the stock market to remind you.
You don't have enough economic sense and awareness. You lost money in the stock market for nine years. Become the dean of your department and teach your students well.
"That's right. The person who said that must be someone of high status."
“I want to tell everyone that those who have stocks should sell some every day before October 31st, depending on the number of stocks they have. Don’t sell them all in one or two days.
Unless the stocks in hand are less than 100 million, if the price rises well, let them sell it at the end of the month. Do you understand what I mean? "Cao Dongfang asked.
"Understand!"
"Dongfang, help Yourong and I sell the stocks. We don't want to go to the stock market. We want to have fun with the three kids. Oh, and Tingting and Duoduo, I'm going to call my mom."
"So you all bought stocks, but I didn't. Why should I serve you?"
“The more capable you are, the more work you will do.”
Song Xianxian and Kuang Yourong called to inform their families, and Cao Jiajia notified everyone in the compound. It was only this courtyard, and someone in the other courtyards would be notified.
After dinner, Cao Dongfang got six stock market account opening accounts, and he remembered the passwords after hearing them once.
The next day at nine o'clock, she went to the stock market to sell stocks. Cao Jiajia's stocks were worth the most, while Duoduo's stocks were worth the least. With only 240 million, she didn't care.
My mom has 1.7 billion worth of stocks, that's amazing. Song Xianxian has over 400 million, Cao Jiajia has 4.6 billion, and it's increased a bit. Yangyang and Kuang Yourong have 630 million.
One and a half months is about thirty trading days. Cao Dongfang calculated that only Cao Jiajia is selling now, while others have to wait a few days. Many stocks are rising sharply and there is no rush to sell.
........
On November 1st, Cao Dongfang sold all his stocks and went back to tell a few people that they had sold all their stocks and were waiting to buy at the bottom.
There was no decline in ten trading days for two consecutive weeks. Some people thought that Cao Dongfang had made a wrong judgment and the stock market would not fall.
On Monday, November 14th, all stocks hit the limit down at the opening, and everyone in the stock market turned pale. This time, there will be several limit downs.
A limit down is 10%, which will result in huge losses. Fortunately, it is not a foreign country where you can borrow money to trade stocks, otherwise they would lose a lot of money.
It is estimated that there is a possibility of a 50% drop this time, which will wipe out half or more of their funds.
"Brother, you forgot two weeks. All stocks have hit the three limit downs, a drop of 30%.
Fortunately, we listened to you and sold them, otherwise we would have lost more. Brother, when will it end? "Cao Jiajia asked, she wanted to buy at the bottom.
"On Friday or next Monday, the price limit will inevitably be lifted, and stocks will be polarized, with blue chip stocks and technology stocks performing better.
But the market won’t rise sharply, some stocks will perform better, and some will continue to fall. "
"I don't understand. If you help me find the bottom, I'll treat you to a meal."
"It only costs a few dollars for a meal. Cao Jiajia, you are so stingy, just like Yan Bugui." Cao Dongfang said contemptuously.
"I'm not the same as Yan Bugui." Cao Jiajia refused to be Yan Laoshen.
"Grandpa, let's go out to eat and play."
"Grandpa went out to play."
The three children are very smart and know that if they go out to eat, they can go out to play on the street.
"it is good!"