The leisurely life of the reborn daddy

Chapter 464: Historical bottom, do you want to buy the bottom? (51001.5 million)
While eating dinner in the evening, Cao Shujie received a text message.

He was reminded that the 1500 million loan from Yiling Rural Commercial Bank had been approved and the loan would be disbursed within 5 working days, and asked him to pay attention to the SMS reminder for payment.

Cao Shujie was a little confused when he saw this prompt.

He submitted his loan application in May, and it took more than a month for it to be approved.

I have been so busy during this period that I have forgotten about it.

Logically speaking, a high-quality customer with such good qualifications as him should not delay the payment for such a long time!
"Shujie, what's wrong?" Cheng Xiaolin saw her husband's expression was different and asked him.

Cao Shujie didn't hide it from her, nor from his family: "The two-year low-interest loan I applied for last month has just been approved."

Wang Yuelan and Cao Jianguo did not know that their son had applied for a loan again.

Suddenly hearing his son mention this matter, Cao Jianguo asked subconsciously: "Shujie, don't you have enough money? We still have more than 20 here, you can use it."

"Dad, there's no need, I'm not short of money." Cao Shujie explained to them.

"The money I have has other uses. This time I applied for a low-interest loan of 1500 million yuan to pay for the purchase of equipment and the cost of factory renovation and upgrade."

Wang Yuelan and Cao Jianguo were stunned when they heard what their son said.

I clearly remember that when their son and daughter-in-law just came back from the capital, their son also said that he would not take out loans in the future, but the amount of loans taken these few times has become larger and larger each time.

Fortunately, their son has earned enough money, so he doesn't have to worry about the problem of not being able to pay the bills.

But this time the loan of 1500 million is too much!
Wang Yuelan and Cao Jianguo felt that they couldn't keep up with their son's thinking, so they didn't ask their son what he was doing with the money.

After dinner, Cao Jianguo and Wang Yuelan stayed and played with their granddaughter for a while. When they saw Mengmeng starting to feel sleepy, they left together.

Cao Shujie has been chatting with his grandfather.

It wasn't until grandpa got sleepy and went to rest in the bedroom that Cao Shujie went upstairs with his cell phone.

His wife Cheng Xiaolin was coaxing Mengmeng to sleep. Cao Shujie opened the door and went in. Mengmeng became energetic again when she saw him coming.

"Dad, hug me." Mengmeng broke away from her mother's arms and ran towards her father.

Cheng Xiaolin was so angry that she didn't even want to talk to her.

"Mengmeng, it's too late, you should go to bed." Cao Shujie said to her.

Ke Mengmeng shook her head: "I can't sleep."

"That's not possible. Hurry up and rest. Dad will take you out to play tomorrow." Cao Shujie said.

When Mengmeng heard that she was going out to play, she asked, "Where are you going?"

"You'll know tomorrow." Cao Shujie didn't tell her.

Mengmeng lowered her head and said, "Okay then, I'll go to bed."

Not long after, Cheng Xiaoling coaxed the longing Mengmeng to sleep.

Cao Shujie looked at the time and saw that it was only after nine o'clock. He thought about calling Ma Changrong and asking why it took so long for the loan to be approved.

After telling his wife, he left the room and went outside to make a phone call.

After waiting for Ma Changrong to answer the phone, Cao Shujie heard the sound of someone drinking on the other side, and other people shouting for another drink.

"Manager Ma, are you inconvenient?" Cao Shujie asked.

Ma Changrong said directly: "It's convenient, Boss Cao, if you have anything to say, just tell me."

"Manager Ma, what's going on is that the 1500 million loan I applied for from you last month has just been approved. I just received the text message."

After Cao Shujie finished speaking, he asked him: "Why did it take so long to approve it for me? Logically speaking, it shouldn't be right?"

"Boss Cao, don't mention this matter. I'm also upset."

"Something happened?" Cao Shujie thought to himself.

Ma Changrong continued: "The bank's policies are changing day by day. Last month, the head office urged us to lend more quickly, but at the beginning of this month, the policy given to us was to tighten loans. Damn it."

He said: "According to the original plan, I still had several clients who also needed to be approved for loans, but now it's better, and those few people didn't pass the review."

"I didn't expect that Boss Cao's loan approval was approved. This is really good news!" Ma Changrong congratulated Cao Shujie.

According to him, the fact that Cao Shujie's loan was approved also means that Cao Shujie's "credit" is very good, otherwise no one would take advantage of you.

"So that's what happened, so the economy is getting worse?" Cao Shujie thought thoughtfully.

Ma Changrong told him: "Boss Cao, I can't say anything about this. Maybe you know more information than I do, but starting from June, the economic markets across the country have really changed a lot."

"I think you should use the equipment at this time..."

Ma Changrong didn't finish what he said, but Cao Shujie understood what he wanted to say. It might not be safe to get the equipment at this time.

He was not optimistic about Cao Shujie's loan investment at this time, fearing that Cao Shujie would not be able to recover the investment money.

But having said that, he is not afraid that Cao Shujie will not be able to repay the money. Compared with the capital deposits in Cao Shujie's account, what is this 1500 million loan?
"Boss Cao, since you received the text message, the loan will usually arrive within 5 working days. You should also pay attention to your account information and just pay back on time later." Ma Changrong said.

This loan is different from the interest-free loans Cao Shujie had handled before.

This 1500 million loan, based on the current 7% discount on the two-year interest rate, generated a total of 69.9 yuan in interest, and the monthly principal and interest repayment was 654114.61 yuan.

Ma Changrong felt that only Cao Shujie in the entire Qingshi Town could afford such a high repayment amount.

Apart from him, even those companies in Qingshi Town that have been open for ten or eight years may not be able to survive!
"This is really a strange man." Ma Changrong sighed.

As he watched Cao Shujie go from being penniless to where he is now, sometimes he had to lament that people's fate was coming, and he couldn't stop it even if he wanted to.

"Director Cao, if you have time someday, I'll buy you a drink." Ma Changrong said proactively.

Cao Shujie also agreed. If he needs a loan in the future, he will definitely ask Ma Changrong for help.

"Boss Cao, wait for my call." Ma Changrong said.

Putting his cell phone in his trouser pocket, Cao Shujie thought about what Ma Changrong had just told him. He thought quietly for a while. When he returned to the house, Cao Shujie did not enter the bedroom. He turned on the computer and thought about checking the latest news online.

The sudden tightening of money supply by banks must be traceable.

After waiting for the computer to start up, Cao Shujie opened the browser and entered the sentence "Have banks tightened lending in 2013?", and then a list of links came out, all about the topic of banks tightening lending.

Cao Shujie looked at the content here carefully and found that his bank loan was not an exception.

There are similar situations all over the country, and many netizens are complaining about this matter online.

For a loan like his, which was delayed for a month, the approval was fairly quick.

Several netizens said that it has been two or three months since they applied for a home purchase loan, and there has been no action yet.

This made Cao Shujie puzzled, and he carefully screened the information for what was useful to him.

Cao Shujie found that banks have indeed tightened during this period, the most obvious of which is housing loans.

The general reason should be that the loan interest rate for home loans is low and the income for banks is too little.

It is far less profitable than the returns they can make from short-term loans or small and micro loans to enterprises.

So much so that one netizen said that after being unable to apply for a mortgage loan for two consecutive months, he applied for a consumer loan through various intermediary operations...

This is really a cool operation.

Cao Shujie slowly looked at these contents, and he found that there was another possibility.

This article shows that 12 listed banks added a total of 763 billion yuan in non-performing loans last year, but the total number of non-performing loans in the first two months of this year has exceeded 600 billion, and banks are also controlling risks.

Perhaps the combination of multiple reasons has resulted in the phenomenon of "money shortage" in the market.

"So that's it?" Cao Shujie didn't completely believe the news on the Internet.

But he knew there must be a connection here.

Thinking of this, Cao Shujie suddenly remembered something and quickly opened the securities client.

Extending the timeline, Cao Shujie noticed an anomaly.

In May, the Shanghai Composite Index reached a high of 5 points, but closed at 2300 points at the end of the month, with a low of more than 1903 points.

In one month, the Shanghai Composite Index fell by more than 400 points.After entering June, the Shanghai Composite Index rebounded to 6 points at the beginning of the month, but then began to fall again, and now hovers at 2092 points, which is more than 1920 points higher than the lowest point in May.

"More than 1800 points? Has this fallen to the bottom? Is it going to hit the bottom and start to rebound, taking the long bull route?" Cao Shujie pondered.

Combined with his memory, Cao Shujie realized that it would be a good time to lurk in at this stage.

As long as the historical trend remains unchanged, there will definitely be a big bull market in the next two years. Cao Shujie has already put the stocks he selected in his self-selected stocks.

CITIC Securities is now over 10 yuan, Fushun Special Steel is now less than 5 yuan, and Tonghuashun’s highest price at the beginning of this month was only 18 yuan. However, Cao Shujie remembers very clearly that the peak price of Tonghuashun was 181.88 yuan during the bull market. This is a very strange number. , let him remember deeply.

He even remembered the lowest price of 78.88 yuan that month after Flush ended the bull market.

But for other stocks, he did not have such a deep memory.

He was so lost in thought and muttering that Cao Shujie didn't notice his wife coming and standing behind him.

"Shujie, what are you busy with?" Cheng Xiaolin asked him.

Cao Shujie came to his senses and said to his wife: "I just called Ma Changrong and asked him why the loan disbursement was slow."

"I found the reason. Is your information unqualified? Or is it some other reason?"

Cheng Xiaolin was also curious.

Logically speaking, her husband has no problem with his qualifications in lending, so how could he encounter a one-month delay in lending?

Cao Shujie pointed to the information he found on the computer screen, combined with his conjecture, and explained the reasons to his wife.

After hearing this, Cheng Xiaolin said: "So, this problem generally exists in the market?"

"Yes." Cao Shujie nodded, and pointed at the opened securities client to enlarge the Shanghai Composite Index for his wife to see.

"Wife, look at the trend of the Shanghai Composite Index from May to now." Cao Shujie used the mouse arrow to draw this range and told his wife.

"A drop of 400 points in one month, what does this mean?"

Cheng Xiaolin didn't understand Cao Shujie's question and couldn't figure it out.

Cao Shujie told her two words: "Stock market crash!"

"Don't forget that in just one month, the index has dropped more than 400 points. Many people's stocks have been cut in half at least, and the losses are horrific."

"Anyone who has poor mental endurance will just jump off the building."

Cheng Xiaolin couldn't help but frown when he heard him talking about this: "Is it so powerful?"

Cao Shujie nodded and said, "It's worse than imagined."

"Then you still want to buy it?" Cheng Xiaolin still remembers that the reason why her husband loaned out the 1500 million yuan was to let their own money flow into the stock market.

Her husband knew there was a pit in front of him, so why did he go in?
When his wife asked this question, Cao Shujie said with a smile: "Wife, to others this is a trap, but to us this is an opportunity."

"If you think about it, the stock market is cyclical and can be linked to the economic cycle. The current market is not good and stocks have fallen miserably. But when there is a low, there is a high. We are going in to buy the bottom."

Cheng Xiaolin remembered a very classic saying, and she said: "But what if you want to buy the bottom, but you do it halfway up the mountain?"

Cao Shujie was caught off guard and broke through.

Looking back at his wife seriously, Cao Shujie gave him a thumbs up: "What you said is really right."

Cheng Xiaolin rolled her eyes at her husband: "Did I say something wrong?"

This is a problem that many people make. Cao Shujie doesn't think he can completely avoid it by relying on his memory from his previous life, so he also agrees with what his wife just said.

"Honey, this is called taking the initiative to buy a condo, and then wait for the economic cycle to completely reverse, and then reap the profits later." Cao Shujie said plausibly.

Cheng Xiaolin couldn't understand this at all. She shook her head and said, "Anyway, whatever you say makes sense, and I can't help you. You can figure it out yourself."
-
"By the way, I haven't looked at Bitcoin for a long time. How much is the Bitcoin you bought now?" Cheng Xiaolin remembered something and asked her husband.

Cao Shujie didn't bother to read it during this time. When his wife asked, Cao Shujie directly opened the BTC trading platform: "I have to check it out."

After logging into the trading platform, a K-line trend chart appeared, showing the current price of $111.29.

The price has dropped slightly since the last time they looked at it, but both Cao Shujie and Cheng Xiaolin have become accustomed to the ups and downs of Bitcoin.

"You have fun, even if we invest all our savings in the stock market and lose everything, you won't be poor and hungry if you sell all these Bitcoins." Cheng Xiaolin said this.

Cao Shujie stretched out his hand and slapped her on the butt: "What did you say? Can you say something nice and I will definitely lose money?"

"Who knows, Shujie, I'm not sure whether it's right or not, but I always feel that this stock market is just like a casino. It's better to enter this thing with caution." Cheng Xiaolin said this sentiment.

She had also memorized the few stocks in her husband's self-selected stocks, and was thinking about taking the time to open an account and invest her own money.

But at this time, Cheng Xiaolin was not willing to gamble.

She always felt that her husband could take the risk alone, and that her money should be saved for the family's emergencies.

Cao Shujie didn't know that his wife still had such thoughts, but after hearing what his wife said, Cao Shujie agreed.

"Honey, you are right, this is a casino."

"Some people come in and are happy when they win and make money, but they lose money and leave after they lose. Either they have been doing it for many years, and if the company delists, they will lose all their money." Cao Shujie said with emotion.

But this does not affect his ability to collect wool in known markets.

Just like when he bought Bitcoin, he said he had faith. To put it bluntly, it was not because he knew that Bitcoin would eventually rise to the sky.

If he didn't know something, Secretary Cao would rather cultivate his more than 200 acres of orchards and raise hundreds of cows in peace, which would be more practical.

Cheng Xiaolin watched the sky outside getting darker and darker, and stopped listening to her husband's nonsense. She said to him: "It's too late. Go to bed quickly. We'll talk about anything tomorrow."

"Okay!" Cao Shujie nodded, but he was also thinking in his mind that he would ambush all the money in the past few days.

The current market index is already at a low point, and there is limited room for further declines.

When Cao Shujie woke up early the next morning, the first thing he did was to walk his dog.

After finishing the work, he went to the orchard to look at it again. The kiwi fruit was growing more and more pleasing to the eye, and it was getting bigger day by day.

The trees bear more and more fruits.

Cao Shujie was very happy.

Compared with Bitcoin and the stock market, this is the root of survival.

Unknowingly, half a day passed.

Coming down from the mountain, Mengmeng ignored him when she saw him.

Cao Shujie was still wondering, where did he offend his daughter again?
Then I heard Mengmeng muttering: "Dad, you said you wanted to take me out to play, but you can't find anyone."

Cao Shujie slapped himself on the head with his backhand, and he remembered.

I promised my daughter before going to bed last night that I would take him out to play today, how could I break my promise?
"Mengmeng, hurry up and eat. I will take you out after dinner." Cao Shujie said.

When Mengmeng heard what her father said, she became happy: "Then where do you want to take me to play?"

"How about we go to the Yellow River." Cao Shujie thought that at this time, the Yellow River was the only place where it was cool.

Mengmeng had no other place to go, so she nodded helplessly: "Okay then."

"Ouch, look how wronged you are, Mengmeng, daddy will take you to the provincial capital in two days, okay?" Cao Shujie asked her.

Hearing what her father said, Mengmeng hurriedly nodded in agreement: "Okay, where are we going to play?"

"Let's talk about it then." Cao Shujie dealt with it again.

But Cao Shujie didn't miss the appointment to go to the Yellow River this afternoon.

Cao Shujie was riding an electric tricycle in front and was about to go out. Mengmeng shouted loudly from behind: "Dad, bring all the fishing rods and fishing nets."

"Do you still want to fish?" Cao Shujie asked her.

Mengmeng rolled her eyes: "Why else?"

Okay, what my daughter said was an imperial edict, and even though I felt guilty, Cao Shujie obeyed it unconditionally.

After going to the south house to find the long-lost fishing rods and fishing nets and putting them in the carriage, Cao Shujie told his wife and grandfather that Cao Shujie rode an electric tricycle and drove Mengmeng towards the Yellow River in the east.

(End of this chapter)