Chapter 1688 Crazy times are coming
(It’s a little late today, mainly because people on the Internet are exhausted! Sorry!)
Outside the school, "American Idol" went crazy across the country. Inside the school, everyone was going crazy for the million dollars in cash.
This is a crazy time.
Of course, it’s not just the American entertainment industry and campuses that are crazy, but also the stock market.
Today, Shi Dazhu called, and Qin Feng knew that Nasdaq was soaring and going crazy.
"Brother, you asked me to buy the Microsoft stock two years ago. I have been buying it over the years. I have invested a total of almost 120 million U.S. dollars, and now it has increased to more than 300 million U.S. dollars!" Shi Dazhu exclaimed.
Now, Microsoft's total market value exceeds 400 billion US dollars. You know, before this, when Qin Feng asked Shi Dazhu to buy it, the total market value of Microsoft's stocks was only about 180 billion.
This time, the price has risen so much.
This is so scary.
Qin Feng blinked.
I seem to be a little short of money now.
Qin Feng has calculated that he currently only has more than 8 million US dollars in his overseas account. This is all Qin Feng's overseas assets. Of course, it does not include various real estate properties.
As for the domestic ones, all of them are used to pay off debts. All the money Qin Feng earns is used to pay off debts. In the short term, it is impossible to provide any funds to Qin Feng for blood transfusions.
No way, Qin Feng's pace was too big before. In fact, it was mainly because he established several industrial factories and companies one after another.
Steel plants, automobile plants, and CPUs, these three major fields, are too expensive. Unless housing prices skyrocket to an incredible level and go back twenty years in the future, Qin Feng will never have money in his hands.
These are tens of billions of dollars, and they are all borrowed money. The annual interest is a lot of money, and this is because the bank gives the lowest possible interest rate for lending. But no matter how low the interest rate is, the amount is huge, and it is all
A lot of money.
Every year, all kinds of interest are close to 1 billion. This was 1 billion in early 1999, which was too scary.
But, how much is this? This is all 1.8 points of interest.
In other words, Qin Feng only bears 180 million in interest for 10 billion. In the past, there has almost never been such a low interest rate.
However, the amount of the loan could not be tolerated. This resulted in Qin Feng having to repay 1 billion in interest every year. Plus the principal, it was a headache just thinking about it.
Therefore, all the hard-earned money was used to fill these holes. Especially, the steel factory and the automobile factory were solely owned by Lin Feng. All the money was naturally used to pay off debts, and there was nothing good to say.
Therefore, if Lin Feng wants to develop overseas, he can only make extra money on his own.
In the past, I could still make a lot of money from Boss Yan. But obviously, now Boss Yan has another way to go. He no longer looks for Qin Feng. Qin Feng doesn’t know what way it is. In short, Boss Yan doesn’t let Qin Feng go anymore.
.
Qin Feng doesn't know the reason for this. Maybe it's because of what Boss Ming said or did behind his back. After all, this road is not honorable. Making money is not fair and can easily cause trouble.
Therefore, it would make sense if Boss Ming did not allow Qin Feng to make money from it because of the reason of protecting Qin Feng.
Therefore, Qin Feng has to make money. Because if FACEBOOK really wants to develop, it will definitely have to continue to spend money. If you don’t want your shares to be diluted, you have to invest yourself.
If you don’t have money, how can you invest?
More than 8 million US dollars may seem like a lot, but it's really not much.
For example, now, there is only US$7.3 million left. Where did this money go?
No, it's on display here on campus.
As for making money, Nasdaq is about to collapse. The Internet bubble is about to collapse. Before it collapses, you can make some money.
And when it collapses, you can still make a profit. If you sell short, you just make money.
Americans' money is nothing if it is not earned.
"Well, brother, do you believe me?" Qin Feng asked.
"Brother, tell me. Whatever you say, I will do it!" Shi Dazhu said directly.
"Pay attention to a VA LINUX stock. Of course, it has not been listed yet. When it is listed, it will definitely skyrocket!" Qin Feng said, "Before that, continue to hold Microsoft. Once it is listed, buy this stock!
"
"I remember VA LINUX!" Shi Dazhu nodded, "What kind of inside information?"
"Hey, you don't have to ask any more questions about this!" Qin Feng said with a smile.
There's no way to explain this problem. You can't say that I'm from the future.
"Okay!" Shi Dazhu didn't talk nonsense. He wrote it down in a small notebook and waited for it to rise sharply in the future.
Qin Feng put down the phone.
I have to keep an eye on this stock. When did Qin Feng forget it? I remember that at that time, there were reports every day in China about how rich Bill Gass was, how much, how much money.
You know, this year, Bill Gates is the first person whose nominal personal assets exceed 100 billion US dollars!
It’s so scary. Before this, it was only 40 to 50 billion US dollars. Bill Gates broke 100 billion US dollars. This is so scary.
Therefore, the global media reprinted it like crazy.
At this time, there was one stock that attracted the attention of the outside world, and it was VA LINUX stock, a high-tech company.
The reason why it attracted the attention of the outside world is that when it was listed, it was only US$30 per share, but it soared to US$230 per share that day, with a guarantee of 650%. It set a record for the highest single-day increase in stock prices in the history of the United States.
This is all something that the magical Nasdaq can do.
Assets surged 650% in a single day. There is no faster way to make money than this.
Therefore, Qin Feng had to take advantage of the opportunity to make a profit.
Qin Feng doesn't remember the rest of the stocks. He doesn't want to make a small amount of money by buying some stocks, just make a profit on this one stock, and then wait for the Nasdaq to collapse before starting to make a profit again.
Even if you invest US$7 million, you can still earn over US$40 million.
For a short period of time, it's enough.
In the days that followed, in addition to studying, Qin Feng also went to the company to see how many bugs he had discovered. Before going to bed every day, he would also stare at the upcoming stock news released by Nasdaq to see if there were any VA LINUX stocks.
.
Every day is actually very fulfilling.
Of course, the only thing that made Qin Feng feel a little uneasy was that Britney was a bit elusive every day. However, there was no change in her personality. After coming back, she was smiling, always hugging Qin Feng and acting coquettishly, and then went to bed.
There was nothing unusual about him, he just spent more time out. However, Qin Feng lived a fulfilling life and didn't pay much attention to it.
After all, she is not a child anymore. She is already over 16 years old. In fact, according to Hua Xia's calculation, she is over 17 years old and is about to reach adulthood. In this case, Qin Feng does not need to worry too much.
In the United States, after the age of 16, parents have no control over where their children go. Because they are older, they can decide many things by themselves.
Although it is said that the legal drinking age is 21 years old and the legal adult age is 18 years old, in fact, after the age of 16, there is no more control. At the same time, you have no control at this time.
Chapter completed!