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Chapter 18, this is on you!

Unable to find Yian Technology, Zheng Jinxin's idea of ​​investing in stocks was temporarily put on hold.

He dared not just randomly choose a company to work on; if he messed it up, even his father wouldn't believe him when he found Yi'an Technology.

He then set his sights on a "side hustle." Early in the morning of July 15, before Zheng Haidi went to work, Zheng Jinxin reminded her of this again.

"Dad, don't forget to give me new bills, make sure they're brand new."

"Okay." Zheng Haidi buttoned up her clothes and left the house under her wife's questioning gaze.

Zheng Jinxin couldn't wait to get back from get off work in the afternoon.

"Dad! How many have you changed?"

"Here, it's all. Here you go."

Zheng Haidi took out a stack of money and placed it in front of Zheng Jinxin.

Zheng Jinxin picked out all the 80 edition fifty-yuan notes from this stack of money.

"Dad! Your salary is over 1,100 yuan, you should be able to exchange it for more than 20 bills, how come you only brought back 11 bills?"

"The finance department has already replaced the most for me. If they replace all of them, it will be difficult to pay the salaries of the other employees."

Zheng Haidi felt that she had already made quite a few changes, but the key issue was that he had to pay for his family's living expenses, and the remaining money was still needed for the family's expenses this month.

His wife, Zhuang Xuehua, doesn't even earn enough to cover her own expenses, and she still asks him for money every month.

"Dad, you're too easygoing. The government might just take back the money next month."

"I heard from others that this money can't be found anywhere else, and you can't even get it out of the bank."

"I suspect that your company has been using its own slush fund to pay salaries recently."

Zheng Jinxin actually went to the bank to try to exchange it, but he could only get the 90 edition of the 50.

"Really? Then I'll swallow my pride and exchange more next month."

If what my son says is true, it's actually quite possible.

Time passed day by day, and Zheng Jinxin spent the summer vacation diligently doing his homework and reading books, without mentioning stocks again.

Zheng Haidi, on the other hand, would occasionally go to the stock market and bring back a copy of a securities market weekly, because her son wanted to read every issue of that magazine.

Of course, sometimes if you can't find one by chance, you'll just buy one yourself.

Every day, Zheng Haidi would pick up a magazine and take a look at it. Gradually, she became engrossed in it and would ask Zheng Jinxin for advice from time to time.

"Son, what do you think of Dongda Apai?"

Dongda Apai? Zheng Jinxin looked at the information about this stock and thought, "Pshaw, it's from Liaodong."

"Don't even think about it, don't invest beyond the Shanhaiguan Pass."

"Oh!" After a while, "Son, what do you think of Sichuan Changhong?"

Zheng Jinxin remembers Sichuan Changhong. When he worked in an electronics factory, he heard from his coworkers that Sichuan Changhong almost went bankrupt because of the hoarding of picture tubes. Later, Changhong was reduced to a third-tier home appliance brand.

"The competition in our country's television industry is too fierce. We are still being held back by Japan and South Korea in terms of picture tubes. This industry is too risky. We are considering long-term investment, so we need to be cautious."

Zheng Haidi was unwilling to give up, "Then what about Shenzhen Development Bank?"

Zheng Jinxin was at his wit's end. "Dad, the money hasn't even been invested in the stock market yet, what's the point of you looking at stocks now?"

Zheng Haidi honestly replied, "I'm just preparing in advance. Once the bottom you mentioned comes out, I'll know which one to buy."

"You don't need to worry about stock picking."

Zheng Jinxin said slowly and deliberately, "Your task now is to raise enough money by then, and my task is to study hard. Now, just do what you need to do. I'll let you know in advance when it's time to buy stocks."

"Fine! I'll listen to you," Zheng Haidi said in a long voice, her tone revealing reluctance.

Zheng Jinxin recognized his father's tone and slapped his head in exasperation.

He never expected that after all his hard work in persuading his father, who was reluctant to invest in stocks, his dad would be even more addicted than him.

What he didn't know was that the stocks his father had chosen were all quite good, almost all of them were resilient in this round of decline and were poised to become big winners in the next wave of the market.

He didn't understand these things, and he was told that he was worthless.

When he received his salary the following month, at his urging, his father exchanged it for some 50-yuan notes from the 80s.

This time was better than last time; I got 15 cards.

Even so, Zheng Jinxin still complained, "Dad! Why didn't you replace them all this time? And this one has marks on the edge from being squeezed. That means it's in bad condition and has no collectible value."

"I..." Old Zheng almost choked.

"This time I paid the remaining 50 yuan, and I even prepared 200 yuan in change to return to the finance department."

"It's only because your dad is a low-level manager; if it were anyone else, the finance department wouldn't take the job. Give me that bad one; I'm already short on living expenses this month."

"Alright, alright! That's fine for now. I'll try harder next month. This one's not great, but it's better than nothing, so I'll keep it."

Zheng Jinxin chuckled as he tucked the fifteen bills into the book and handed it to his father.

"Dad, keep these safe for me. I need them when I go to college. I'm counting on them to finish college."

"Okay, I'll buy more next month and spend less this month."

Old Zheng beamed with joy when his son kept talking about going to university.

Zheng Jinxin's goal wasn't high; he aimed to collect 200 copies of the 1980 edition of the 1950 edition. Collecting more than that was unrealistic, as his family didn't have enough money to exchange for them.

He already had a plan for how he and his brothers would sell the 200 banknotes in installments.

More than 200 bills, that's nearly 50 yuan! A few people carrying so much cash at once, they might get robbed on the street.

He had a beautiful dream: when his father received his salary in September, he would never see the 80 version of the 50s again.

As a second choice, Lao Zhang exchanged 10 of the 1990 edition 50 notes for the 50 notes.

"This is useless, take it and spend it." Zheng Jinxin didn't know exactly how much money 90% of his fifty would buy in the future, but he knew it certainly wouldn't be much.

He seemed to vaguely remember being in that store; it was either two hundred or several hundred, he couldn't quite recall.

That's pointless. If you keep your money in your hands for more than ten years, the appreciation won't even keep up with inflation. You might as well take it out and spend it.

Zheng Jinxin's plan to make money through a "side hustle" fell through, so he had no choice but to turn his attention back to his "main business"—the securities market.

During this time, through various roundabout inquiries, he learned that stocks could be renamed.

However, most of these name changes are after restructuring, and the stocks that have changed their names have generally seen significant price increases.

He realized that his Yian Technology was most likely the name after its restructuring and renaming, which was quite probable.

His biggest regret now is that when they discussed it together, he didn't ask Chen Hongjun for detailed information about the stock.

Of course, the culprit was the fairy, but he couldn't afford to offend her.

He even planned to go to Chen Hongjun's city next summer vacation to see if he could find Chen Hongjun.

It's impossible for him to go that far from home during winter break, and there's no excuse for that. Going by himself is even more impossible; he's just a third-grade kid.

He can only go to whichever city he wants under the pretext of tourism.

Then he thought that next summer, he and Chen Hongjun would also be just third graders going into fourth grade.

Even if they were all child prodigies in this life, they couldn't possibly become famous so early.

Moreover, Chen Hongjun should have been endowed with a talent for chemistry by the fairy, but he hadn't even learned chemistry in elementary school.

Thinking of this, he felt deflated again.

But next year will be 97, and the fairy said that this stock will rise from more than three yuan to more than one hundred yuan. It has been rising for a year, and who knows how much it will rise to.

Chen Hongjun most likely started junior high school in the summer of 2000. By the time he started learning chemistry, it would be too late.

In any case, I must go to Jianglin next summer vacation. I'll give it a shot, even if it seems hopeless. What if I happen to find Chen Hongjun?

He still vaguely remembers the mahjong parlor they used to rent, and the river where they drowned together.

Chen Hongjun's home shouldn't be too far from there, so it's still possible to find him.

Zheng Jinxin doesn't have any other options right now, so he can only console himself with this thought.

As for finding a stock like Yian Technology in the Shanghai and Shenzhen stock markets now, there's no need to even think about it; he's already tried that before, and describing it as finding a needle in a haystack is not an exaggeration at all.

Time passed slowly, and soon it was mid-December. The stock market crash that Zheng Jinxin had "predicted" finally came to pass.

It wasn't just a sharp drop; the entire market experienced consecutive limit-down days, a first in history.

When the market index fell to around 1,000 points, Uncle Qian asked his father to invite him, the market "stock god," to come to the stock market to "give guidance."

Uncle Qian did indeed sell all his shares when the market index reached 1,000 points.

However, when the market surged strongly to 1,000 points again and broke through 1,100 points, he couldn't resist jumping back in.

As expected, they really succeeded, standing guard at the peak of the market.

This cannot be blamed on him, because at that time the stock market was filled with the high spirits of "welcoming Hong Kong's return with 2000 points", and very few retail investors were not trapped.

Uncle Qian then remembered what Zheng Jinxin had told him.

It's too late to regret it now; there's no medicine for regret in this world.

However, he could see Zheng Jinxin as a lifeline.

People who invest in stocks are prone to blindly trusting others once they lose confidence.

Moreover, Zheng Jinxin's previous analysis of the market was completely correct.

So, Uncle Qian wanted to hear Zheng Jinxin's opinion: When exactly will this drop end?

It's no wonder he thinks that way; his stocks have recently experienced several consecutive days of limit-down.

"When will this stock market finally bottom out?"

Uncle Qian sighed and then secretly glanced at Zheng Jinxin's reaction.

Zheng Jinxin was looking at the market index, but his mind was actually scrolling through the index chart that Fairy had left him. After identifying the key level, he watched the market fluctuate around 960 points.

He said in a pretentious tone, "The market may only drop another 100 points at most, and it will most likely stabilize around 850 points."

"To be on the safe side, it's best to wait until after the New Year to enter."

These words made Uncle Qian almost despair.

"You mean the market will fall below 900 points? But it didn't hit the daily limit down today. The index has already fallen so much; it should rebound."

Uncle Qian's stock still hit the daily limit down today. Hearing Zheng Jinxin's words, I felt utterly disheartened.

"The 900-point mark will definitely be broken. Although the market did not hit the daily limit down today, the trading volume did not increase either."

"What does this mean? It means that the trapped funds are still unwilling to sell. If the market maker wants to acquire more shares, they must keep driving the price down until retail investors despair."

These words plunged Uncle Qian into utter despair. All his funds were tied up, and even at the lowest point, he had no money left to buy more shares.

Zheng Jinxin went to class without finishing checking the market data; they haven't started their winter break yet.

After Zheng Jinxin left, Zheng Haidi quietly asked Uncle Qian.

"Take a look, which blue-chip stocks are pretty good right now...?"

......

Before we knew it, it was February of the following year, and we were still on winter break.

Zheng Jinxin has nothing much to do, so he occasionally goes to the stock market to watch for two hours in the afternoon.

That day, as he was looking at the index, he glanced at it again in his head.

Hey! The market index is about to go all the way up.

He quickly called to his dad, "Dad! Buy some stocks today, the market has stopped falling."

Before Zheng Haidi could speak, Uncle Qian became excited; he had been going through a lot of hardship lately.

"Xiao Zheng, do you mean the market is about to take off?"

"Hmm!" Zheng Jinxin pointed at the market index with a serious expression and said, "The market has bottomed out and can't be suppressed any further. New funds are entering the market now. If this drags on any longer, retail investors will start scrambling to buy shares."

After saying that, he stopped and pretended to continue looking at the stock market.

These words were all from stock market commentaries he watched on TV recently; they were all serious but irresponsible nonsense.

He's different; he has a cheat device left to him by a fairy.

After waiting for a while, he found that the two people did not move.

"Why aren't you guys buying stocks yet?"

Uncle Qian smiled wryly, "I'm completely stuck with these stocks. Now I can only wait for them to break even. I don't have any money to buy more. How about... do you have any good stocks that I can try switching to?"

"This? ???" Zheng Jinxin wondered, his eyes darting around. "Where would Zheng Jinxin find any good stocks?"

"I still don't recommend cutting your losses; at least wait until you break even."

After saying that, he turned to his father.

"Dad, haven't you always wanted to buy one? Then why don't you give it a try? What are you waiting for? Go buy it now!"

Zheng Jinxin's idea was that, since he hadn't found Yi'an Technology anyway.

But looking at the market now, it's another mini bull market with the index rising by 50%.

It would be a shame to miss this opportunity; I could just find any one to work with.

Zheng Haidi rubbed her hands together sheepishly.

"Just like your Uncle Qian, I'm fully invested and waiting for you to recommend a stock so I can switch to another one."

"What?" Zheng Jinxin was anxious. He had already told his father to hold onto his money until the New Year and wait for his father's message before buying.

Why is this old man so disobedient? He actually made the decision to buy it on his own.

He said angrily, "Let me make this clear first! This is your responsibility. I didn't do any trading, so any losses are none of my business."

"Hehe!" Zheng Haidi chuckled. "I didn't lose money, I even made a little. Don't worry, Dad will listen to you. You tell me which stocks to switch to, and I'll sell them right away and buy the ones you recommend."

Zheng Jinxin was stunned. Had he heard correctly? "You made money? When did you break in?"

"Didn't you say that the market could only drop another 100 points? That day, the market had just fallen below 870 points. I figured that was about right, so I jumped in all at once."

*Sizzle* Zheng Jinxin gasped.

This is basically a precise bottom-fishing move, but the problem is that they still dared to go all in.

Zheng Jinxin looked at his father. Was that still his honest and simple father? His men were really too ruthless this time.

He had heard that first-time stock traders are always very cautious when buying stocks for the first time.

Unlike my dad, who went all in.

It's like someone going to a casino for the first time and going all in on their very first hand.

You can't judge a book by its cover! Could it be that I unintentionally unlocked my dad's talent for stock trading?

It took him a while to recover, and he asked sheepishly, "How much have I earned so far?"

Zheng Haidi glanced at the stock market: "Dongda Apai is currently at 26.8, hmm, making a little over three yuan per share."

Just as Zheng Jinxin was about to ask how many shares there were, his father added, "Changhong is currently at 28.6, making over five yuan per share. If you sell a thousand shares now, you'll make eight thousand yuan. Son, what stocks do you think we should buy now?"

You made 8,000 out of 40,000 yuan, which is a profit of almost 20%. You're saying you only made a little?

"These two...?" He was about to say, "Didn't I tell you not to buy these two worthless stocks?" when he suddenly realized, "We've made so much money, how can you still call them worthless stocks?"

Besides, the Sichuan Changhong incident happened after 2000. He only plans to let his father operate until May this time. What if the price goes up in the next three months?

As for what kind of stock Dongda Apai is, he doesn't know in the future.

Making money is the most important thing right now. If you ask him to pick a stock to switch to, he really wouldn't dare to say.

"Forget it, the market is about to start moving, so let's not bother with the stocks we've already picked."

"However, everyone is saying May will be a bullish month, and based on this trend, it should continue until May..."

"We'll see how things go. If things don't look right then, sell it as soon as I tell you to."

Taking the opportunity, Zheng Jinxin put on another act of charlatanry, and then, too lazy to say anything more.

He was too lazy to say anything more, but Uncle Qian, who had been listening for a long time, wouldn't let him off the hook.

"Hey Zheng, what do you think of my Yanzhong Industrial shares? I bought them for 12 yuan each, is there any chance I can break even?"

This is a pretty big loss. I just overheard two people talking about it. Yanzhong Industrial is only worth a little over 8 yuan now.

Having lost so much money, Zheng Jinxin couldn't very well advise others to cut their losses.

He said calmly, "Take it; there should be a chance to get out of this mess."

After he finished speaking, he looked at his father.

"You've already bought all your stocks, so try not to come here too often. The air in this lobby is so stuffy. Just stay home and wait until it's time to sell."

He dared not stay any longer; if he stayed there, people would keep asking him all sorts of questions.

He's run out of things to say now, and if I keep asking him, he'll give himself away.

Stock picking? He doesn't understand any of the stocks except for Yian Technology.

In the days that followed, he went about his business as usual and never went to the stock market again.

He doesn't run away, but his dad is addicted; he runs to the stock market whenever he has time.

Zheng Haidi doesn't have much work at her current job, and sometimes she watches stock market data until 3 p.m. before going to work.

Not only that, he would ask Zheng Jinxin about it every now and then.

"Dongda Apai has made 15 yuan, can we sell it now?" "Sichuan Changhong has made 10 yuan, can we sell it now?"

"You've only made this much money, what's the rush? I'm not selling."

Zheng Jinxin's confidence in saying this wasn't based on his knowledge of how much the market could rise, but rather on the fact that it's only March, and the market is still more than a month away from its peak.

After some time, his father couldn't help but ask him again, "Dongda Apai has made 10 yuan, and Sichuan Changhong has made more than 20 yuan. Son, you've made quite a bit. Are you going to sell it or not?"

Upon hearing this number, Zheng Jinxin was quite taken aback.

In such a short time, I've already earned over 30,000 yuan, almost doubling my initial investment.

The problem is, it's only early April, and the market index hasn't even reached 1300 points yet; it's still more than 200 points away from the high of 1500 points.

If he didn't have a cheat code in his head, he would have been unable to sit still long ago.

What's even more infuriating is that Dongda Apai has dropped by 5 yuan.

He tried to remain calm. "Let's wait until May. Stocks are in their final stages, when they tend to see the biggest gains."

Entering May, the stock price fluctuated wildly every day. Not to mention Zheng Haidi, even Zheng Jinxin couldn't stand it anymore.

He eventually got scared, fearing that the stocks his father held would plummet prematurely, since Changhong's stock price had risen too high.

Finally, with Changhong around 52 yuan and Dongda Apai around 32 yuan, Zheng Jinxin had his father sell all the stocks.

Zheng Haidi was very satisfied that she doubled her principal on her first trade.

He praised his son endlessly, and even though the stock price of Dongda Apai hit the daily limit shortly after his son told him to sell, followed by a 7% gain, he didn't mention it to his son.

After finishing this, Zheng Jinxin told his father: "The Chinese stock market has short bull markets and long bear markets. There will be a long bear market ahead. I remind my father not to impulsively jump in again. If he gets trapped, he won't have another chance."

After calming his father down, Zheng Jinxin wondered if he could find Chen Hongjun in Jianglin this summer.

If he can't find it, he really won't be able to meet his target of one million in start-up capital.

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