MMB Chapter 115: Several Savings Accounts
Chapter 115: Several Savings Accounts
Urgent! Major plot twist! Watch now!
In order to stop disturbing dormitory 222 and to provide a quiet environment for the other students in the dormitory building, Huang Xiaochuan borrowed a storage room from counselor Dai Xiaoguang and cleaned it up with Ding Yi, Wu Duo and a few others. It was set up as a place to discuss issues, or, to put it more fashionably, a salon.
This saves the large group of people who come to see Huang Xiaochuan every night from crowding into the tiny space of dormitory 222. According to Ding Yi, when they urgently need to pee, they don't even have time to go to the toilet because they can't leave the room because the door is blocked.
Now that he had money, Ding started to get restless. He dragged Huang Xiaochuan along to the stock market, and his mind was completely on the stock market.
Like Huang Xiaochuan, he opened an account shortly after the stock market opened and converted his original paper stock registrations into electronic stock registrations.
During this period, as the stock market plummeted, funds flowed from the stock market to the postal market, causing all eight stocks in the stock market to decline to varying degrees.
The Yu Garden Department Store, which Huang Xiaochuan once bought for over 500 yuan, has now dropped to 350 yuan, shrinking by one-third.
The price of Dafeile was over 200 last year, but it's only over 100 now, a drop of half.
Xiaofeile plummeted below the 100 yuan mark, becoming a junk stock hated by everyone.
Vacuum Electronics didn't drop much, but it still fell from 230 to 200.
Ding Yi immediately placed the order and spent all of the more than 30,000 yuan he had earned from the stamp market.
On their way back to school, Ding Yi asked Huang Xiaochuan a question.
"Why don't you buy some stocks?"
How did you know I didn't buy it?
Upon hearing this, Ding Yi immediately asked, "What stocks did you buy?"
"Similar to you, but I only bought three stocks: Dafeile, Vacuum Electronics, and Yuyuan Department Store." Ding Yi bought five stocks, all of which were the first stocks he owned, and they held great sentimental value for him.
Ding Yi smiled, put his arm around Huang Xiaochuan's shoulder, and gave him a thumbs up.
"You have good taste! I didn't expect you to be optimistic about these three stocks!"
"Didn't you tell me that these kinds of stocks have small market capitalizations and huge potential for future growth? As the saying goes, 'He who listens to advice will eat his fill!'"
Monday, April 1st, is April Fool's Day.
Huang Xiaochuan, who had just finished class, was heading back to his dormitory when a student ran up to him and called out, "Huang Xiaochuan, Professor Wang is looking for you. He wants you to go to his office."
"Okay, I got it! Thanks!"
Upon hearing the old man's summons, Huang Xiaochuan knew it must be about his thesis, so he quickly ran to Wang Deyi's office.
Seeing Huang Xiaochuan arrive in a great hurry, Wang Deyi handed the paper to Huang Xiaochuan.
"I've marked some inappropriate parts of the writing and wording for you. Take it back and revise it. Once it's revised, I'll send it to 'Economic Development' for you."
Huang Xiaochuan was overjoyed and happily accepted the paper: "Thank you!"
"There's one more thing I need to tell you upfront. According to regulations, students must have their supervisors listed as authors when publishing papers. Since you've asked me to supervise your paper, then my name should be listed as the corresponding author."
Upon hearing this, Huang Xiaochuan nonchalantly replied, "Hey! I thought it was something else entirely. Even if you hadn't said anything, I would have put your name on it anyway. I'm just using your name to promote myself; I'm the one taking advantage of you."
Wang Deyi was very pleased with Huang Xiaochuan's attitude; he hadn't expected this shameless guy to be so sensible.
"By the way, Professor Wang, I have three classmates who helped me collect a lot of data, and I'd like to include them in the list of second authors."
Wang Deyi waved his hand dismissively: "It's up to you to decide. It's your thesis, so I have no objections."
After saying that, he buried himself in the pile of books again and ignored Huang Xiaochuan.
Huang Xiaochuan gently closed the door and left Wang Deyi's office.
Revising the paper was very simple for Huang Xiaochuan. The old man had clearly annotated the parts that needed to be revised, so he just had to make the changes accordingly. After leaving Wang Deyi's office, Huang Xiaochuan went straight to the library.
The next day, Huang Xiaochuan resubmitted the revised paper to Professor Wang Deyi, and Huang Xiaochuan no longer needed to worry about the rest.
After leaving Wang Deyi's office, Huang Xiaochuan rode his second-hand Phoenix bicycle directly to Lu Gong's place.
The market is currently booming, and most people are rushing to build positions, hoping to make a fortune by riding this wave of market gains.
This gave Huang Xiaochuan the opportunity to ship his goods. However, Huang Xiaochuan followed his original plan and did not release all his goods at once. Instead, he sold the Japanese films in batches, box by box.
Because the market price changes every day, the selling price is different each time, and the overall trend is an upward curve. The price rose from 39 to 51, but most of the transactions were completed at a price of around 40. It took Huang Xiaochuan nearly half a month to clear out the remaining 80 boxes of JP films. At this time, his savings account had become an astronomical figure. Apart from the more than 400,000 yuan invested in the stock market, his savings account had reached 3.5 million yuan.
In order to deposit this money, Huang Xiaochuan visited various banks in Shanghai, resulting in him having nearly fifty passbooks, all to avoid attracting attention.
This was truly a physically demanding job, testing not only one's physical strength but also one's endurance. Huang Xiaochuan rode his bicycle all over Shanghai, needing to deposit over 200,000 yuan every day, which he had to do in three to four different banks.
This was a strategy Huang Xiaochuan had planned long ago. He had a huge number of Japanese films in his possession, and no one could swallow them all at once. Moreover, Huang Xiaochuan didn't want others to know his background, as it was too dangerous, even for banks.
He took advantage of the loophole that deposits do not require real names, and created many names to deposit the money. All he needed to do was remember the passwords.
He couldn't invest all of this money in the stock market for the time being, mainly because there were too few stocks in the market, and even fewer that were actually available for trading. It was rare to encounter large orders. In fact, Huang Xiaochuan would occasionally place a few large buy orders, but they always came up empty-handed.
Just like casting a net to catch fish, a big net can only catch a few small fish, and you can only accumulate them slowly.
Therefore, Huang Xiaochuan's cash can only be kept in the bank to earn interest, and cannot all be put into the stock market.
Since there are no other suitable investment projects at present, this is the only option. Moreover, he still has a large number of junk miniature sheets of JT premium stamps and more than 60 sheets of 1980 Monkey stamps. Based on yesterday's real-time transaction price of 65000 yuan per sheet of 1980 Monkey stamps, the value of the 66 sheets of 1980 Monkey stamps in Huang Xiaochuan's hands has exceeded 4 million yuan.
Excluding other low-quality miniature sheets and some premium JT stamps, Huang Xiaochuan's net worth has already exceeded 700 million.
At that time in China, this was an enormous sum of money. However, there were too many talented people in China, and many hidden talents. Huang Xiaochuan remembered a big shot surnamed Mou who pulled off a scheme to get something for nothing, exchanging Chinese light industrial products for two passenger planes. The transaction amounted to 200 million yuan. Compared to him, Huang Xiaochuan's 7 million yuan was not even worth mentioning.
However, this 700 million is not fixed and continues to increase with the soaring stamp market. As long as Huang Xiaochuan continues to keep the 80 Monkey stamps, his net worth will naturally increase over time.
To be honest, Huang Xiaochuan was also shocked after estimating his net worth, but he quickly came to terms with it. As a reborn person, he had only just passed the test. To prevent his money from depreciating, he needed to continue investing.
Using investment returns to offset ever-increasing inflation, today's 700 million will be diluted to nothing in less than ten years. Just think about how a decent house in Shanghai will start at tens of millions in the future.