bestfiction Chapter 6: Frenzied Buying Up Stocks, Heeding Advice to Purchase Diseased Pigs
Chapter 6: Frenzied Buying Up Stocks, Heeding Advice to Purchase Diseased Pigs
Deng Ning and Wei Junjie were also very shocked!
[Holy crap, bro, what are you trying to do?]
[We can't afford to increase leverage in the new energy sector!]
They eagerly sent private messages to Jiang Feng, asking what was going on and why he was investing in Tesla. And with ten times leverage, wasn't he afraid of being liquidated?
Jiang Feng calmly replied:
[Insider information suggests Tesla is on the verge of turning a profit, its new energy technology is maturing, and its stock price is expected to rise!]
Sure enough, Tesla's stock price rebounded from its low!
Although it didn't increase by much.
But it stopped falling!
Xu Liang seemed possessed, completely unable to concentrate on his studies, and would check his phone every few minutes.
Why isn't it falling yet?
"You fucking fall already!"
"Fall~"
"Fall~"
"Fall~"
He was muttering to himself with complete concentration. When his classmates heard Xu Liang call out "Dad," they all responded with ill intent: "Hey, good son, why are you calling me Dad?"
"Hahahahahaha~"
"Someone actually called me 'Dad'."
"Liang-ge, are you missing your dad?"
"Hahahahahaha~"
The students burst into laughter, and Xu Liang looked embarrassed. That damned bastard Jiang Feng has made me look bad again!
草
May God bless him so that he gets wiped out soon.
Apart from Deng Ning and Wei Junjie, most of Jiang Feng's high school classmates wanted to see him fail and didn't want any of them to become rich overnight.
Envy and jealousy are human nature, aren't they?
They secretly hoped Tesla's stock price would plummet.
+ 1.55 %
+ 0.18 %
+ 1.46 %
...
Unfortunately, things didn't go as planned. The price only rose slightly for several days in a row. Although the increase was very small, it was leveraged by ten times!
A 1% increase in stock price translates to a 10% increase with 10x leverage.
3000000*10%
I made a net profit of 300,000!
Seeing Jiang Feng earn tens or hundreds of thousands of yuan every day, his old classmates felt really bad, filled with envy, jealousy, and hatred.
Moreover, this guy is adding to his position every day!
+3000000￥
+3000000￥
+3000000￥
...
In order to avoid taxes, Jiang Feng consulted with a finance company and received professional advice. He then registered a company in the Cayman Islands and established an investment fund.
Then, register a holding company in the country.
Acquire controlling stakes in overseas fund management companies!
Companies in the Cayman Islands are not required to pay taxes.
As long as this fund company does not distribute dividends to its shareholders, the domestic holding company will not have any income, will not pay any taxes, and individuals will not have to pay taxes either!
(Legal tax avoidance)
It's important to know that even if an individual makes money from stock trading, they still need to pay taxes. This is the only way to avoid taxes!
In just a few days, Jiang Feng invested tens of millions.
And they even made a small profit of two million!
To be honest, he needs time right now and doesn't want Tesla stock to appreciate immediately. If it appreciates now, he'll earn less on future investments.
What a loss!
However, it seems that the old classmates are more upset?
(→_→)
In just a few days, seeing Jiang Feng earn two million, Xu Liang was on the verge of exploding with rage.
"I'll fry your mother!"
Why isn't it falling yet?
"That brat actually made two million."
"Did I tell him to vote again?"
"Ahhhh!"
"Blanching~"
The other students were also unwilling to accept this. Why? Why could someone like him, a failing student, make money by trading stocks?
(anger)
Jiang Feng raises pigs and speculates in stocks, making a fortune every day. He invests all the money he earns from selling pigs in Tesla stock, temporarily giving up luxury cars and villas. He believes in not indulging in comforts during the startup phase!
He also likes Mercedes-Benz G-Class, Porsche 918, Rolls-Royce Phantom, Ferrari, Lamborghini, and Aston Martin.
However, I'd rather make money!
╮(╯_╰)╭
Soon, all 5,000 pigs were sold.
Perfectly, the five hundred breeding sows bred a new batch of piglets, bringing the total to approximately five thousand.
It's 60 days old and weighs 40 pounds!
Transfer to breeding area
(2018-12-1)
Four months have passed in the blink of an eye
(2019-4-1)
The second batch of pigs has been harvested and is now available for sale!
Due to the very tense situation of African swine fever and the persistently high price of pork, government departments are providing substantial subsidies to encourage large-scale breeding enterprises to build factories in mountainous areas.
Jiang Feng's pig farm also received subsidies.
[Municipal-level Demonstration Pig Farm] Subsidy of 60 yuan
[Special subsidy for piglets] 100 yuan per piglet
[Special Subsidy for Improved Breeds] 20 yuan per bird
He received subsidies of over a million yuan, plus interest-free loans. Loans that he couldn't get before were now approved for a 50 million yuan limit, with no interest!
Without hesitation, I applied for all of them.
Purchase ten million worth of feed!
Buy 40 million worth of stocks!
As long as you sell 15000 pigs every year and stabilize the market, no one will care what you do with the loan.
Jiang Feng was checking the market prices in his office.
Live pig: 20 yuan/jin
Frozen meat: 22 yuan/jin
Fresh meat: 33 yuan/jin
African swine fever outbreak resurgence
Official encouragement for the import of frozen pork
Numerous livestock farms are building factories in mountainous areas.
...
Xiao Feng's father, Jiang Zhijun, came in to announce, "Xiao Feng, all the pigs have been sold, but the piglets have just been born and can't be moved yet!"
The gestation period for sows is 110-120 days.
Almost four months!
The piglets will be 60 days old, or two months old, before being transferred to the breeding area and raised for four months to grow up.
So
There's a two-month gap in supply between adult pigs and piglets!
Either increase the number of breeding pigs
Or buy piglets
Either wait two months
Given the current market conditions, waiting is not an option; we must increase the number of breeding pigs and purchase piglets, taking a two-pronged approach.
Jiang Feng has increased the number of breeding pigs!
Moreover, he tried to contact suppliers to buy piglets, but given the current situation, where could he find a large number of piglets to sell to him?
"Ah~"
Jiang Feng shrugged helplessly: "There's nothing we can do. We have no management experience and didn't know to stagger the slaughtering times, which resulted in empty warehouses. Now we can't buy piglets even if we want to!"
He was a little annoyed, blaming himself for his lack of experience.
It was discovered too late…
shit
Jiang Zhijun smiled and advised, "It's alright, if there's really no other way, just let it go. Anyway, we've earned quite a bit these past few months."
Try to relax a bit.
Life's journey is inevitably filled with ups and downs!
Don't create trouble for yourself.
"Come on, let's go home for dinner. A customer gave us two imported Lowell salmon and some Australian Wagyu beef. Your mom made sauerkraut fish and braised beef with potatoes. We're treating the whole family to dinner."
Sauerkraut and salmon?
Potato and Wagyu beef stew?
Jiang Feng's lips twitched slightly as he gave a thumbs up: "Great, that's creative! This really makes the most of everything!"
Jiang Zhijun glared at him: "Don't be sarcastic. We don't know how to eat sashimi, do we? We don't have knives and forks, are we going to eat the steak with our hands?"
Jiang Feng smiled and raised his hands in surrender.
"Yes, yes, that makes sense!"
They had just come down the mountain when they ran into Song Laosan, who came up to them mysteriously and said, "Hey, Brother Jun, Little Jiang, going home for dinner?"
The father and son looked at him with disgust:
"what?"
Old Song whispered mysteriously:
“Great news! Really! Listen to me, an old classmate of mine also runs a pig farm. He’s afraid of the risks and wants to sell a batch of pigs weighing around 100 pounds at a very low price.”
A pig weighing around 100 pounds?
Want to sell at a low price?
Jiang Zhijun instantly understood. Damn it, it's 100% definitely a diseased pig. Is he trying to find an idiot to take over?
草
"You're a god, Song Laosan! Do you think we're stupid? You think we'd sell this diseased pig to you to be your ancestor?"
He unleashed a furious and uncontrollable barrage of attacks.
Jiang Feng narrowed his eyes—
[Take advice and purchase sick pigs]
[A reward will be given to all the sick pigs that have recovered.]
Wait, holy crap, another reward triggered! This is like a perfect opportunity when I'm about to fall asleep! Hehehehe~
(→_→)
Just then, the pig farm had an empty warehouse.
Moreover, piglets are unavailable.
A pig weighing around 100 pounds can be raised to 300 pounds in two months, and the piglets can be moved to a new location for a seamless transition.
Wonderful!
.