my wonderful zoo

Chapter 80 Futures
"You're not going to buy land, are you?" Gan Ping suddenly asked.

"Who will sell it to you?" Lu Hui directly dismissed this possibility.

"To buy land, you can also buy grain, hemp, cloth, meat, coal, iron, horses, cattle, chickens, ducks, etc. From now on, we can buy whatever we need in Chenjiazhuang. What?" Chen Xun replied.

"These things are not valuable. How do you transport them away after buying them?" Lu Hui asked: "And these things can't be purchased for 50 taels in Guangzhou."

"If we don't ship it away, we don't buy spot, we buy futures." Chen Xunda.

"Futures?" The two of them expressed doubts at the same time.

Futures are completely different from spot goods, which are real goods (commodities) that can be traded.Futures will not be limited to goods, but will be based on certain mass products such as cotton, soybeans, oil, etc., which are not subject to the transaction contract, or they may be standardized tradable contracts on financial assets such as stocks, bonds, etc.

Therefore, in later generations, the subject matter of a futures trading contract can be a certain commodity (such as gold, crude oil, agricultural products) or a financial instrument.

The date of settlement of futures can be one week later, one month later, three months later, or even one year later.

The futures that Chen Xun planned to buy borrowed this concept, but were different in details.

"We can sign a transaction agreement with large households in Dongguan and surrounding counties. We pay them first and agree that they will deliver the goods to us a few months later, or one or two years later." Chen Xun explained: "In this way we You can spend money quickly, avoid the trouble of storing cash, and buy a large amount of supplies, and these supplies are currently just a few pieces of paper (contracts), which can be loaded into a small box and taken away."

"This... is too unreasonable." Lu Hui was dumbfounded. Is there such a way to trade?

"Then how can we guarantee that they will deliver the materials to me as promised after the contract expires?" At this time, Sun Zheng and Ke Lei also walked over, just in time to hear Chen Xun's explanation about futures.

"I understand what Lang Jun means. If they fail to deliver as promised, it will give us Chenjiazhuang an excuse to take action. Then we can collect debts openly and honestly." Ke Lei is an old pirate and can keep up with Chen Xun's thinking. , but his answer still has certain limitations.

"That's right. If we don't perform the contract, we can collect debts openly and openly. No matter what state our Chenjiazhuang is in by then, I think we still have the ability to collect debts from these large households." Chen Xun continued to explain: "As for the cost of debt collection, it will naturally be calculated on those large accounts that default."

When the time comes to calculate the cost, there are many ways to do it. How to calculate it all depends on the hard-fisted party. The value of the assets used by the defaulting party to pay off the debt will naturally be decided by the hard-fisted party.

As for the lawsuit... Chenjiazhuang has already started fighting with the Six-State Forbidden Army, so why does it still need to file a lawsuit over a black-and-white contract?
"Not only that, when signing the contract, we can also agree on liquidated damages. If the goods are not delivered within the time limit, we can charge another late fee. In the end, we will not lose money." Chen Xun added.

"But with such a harsh contract, is anyone willing to do business with us?" Gan Ping asked doubtfully.

"As long as the expected benefits are in place, there will be many large investors willing to do business with us." Chen Xun replied.

"But we are about to go to war with the government. Is there anyone willing to do business with us?" Gan Ping still didn't understand.

This time there was no need for Chen Xun to explain, Ke Lei answered his question directly:

"You don't understand this. It is precisely because we are about to go to war with the government that more big players are willing to do business with us. Think about it, if real money is placed in front of you, how many things can you buy? You don't have to pay until a year or two later, and the buyer has to fight with the officers and soldiers, and it's uncertain whether he will survive or not. Will anyone refuse this kind of no-win business?" "It's true. !" Gan Ping understood immediately.

In the eyes of those big business owners, if Chenjiazhuang was destroyed by the government, the money would be in vain.

"This is not enough. We have to increase the price to increase the attractiveness of the contract, and then increase the amount of liquidated damages. Those who want to steal the chicken will definitely suffer a severe loss." Chen Xun said with a snicker: " Let them steal chickens and lose money."

"More money? It's tempting to give them money in advance without interest." Lu Hui felt that he shouldn't add money.

"If you add a little bit more, you can buy more, and the purchase amount exceeds the normal payment limit of those large households. If they really want to do this business with us, use the increased profits to urge them to help us purchase supplies from further away. Then it will be shipped back for delivery. If large investors want to speculate, they will be forced to vacate their assets after expiration and cannot hand over the quantity stipulated in the contract, and we will liquidate it at that time." Chen Xun explained.

In fact, Chen Xun had deeper considerations on this point. The Northern Song Dynasty was about to end. When the situation was unstable, the prices of everything on the market would increase, and the prices of grain, cotton and linen would increase significantly.

Chenjiazhuang is now using this year's price plus a little [-]% to order next year's goods, and the price of next year's goods will definitely rise sharply. Chen Xun bought it cheaply.

This is the charm of futures.

That's the advantage of having future memory.

Even without superpowers, these memories alone are already a very impressive cheat.

Of course, all of this must be based on Chenjiazhuang's ability to collect debts, otherwise the contract will be a piece of waste paper.

"This method is good." Lu Hui praised.

"Indeed, Lang Jun is smart, and this is a conspiracy. It's really wonderful."

"Mr. Lang is the reincarnation of the Star King in the sky. How can he be compared to us mortals?"

"That's right, even if I think about it, I can't think of such a powerful strategy." Others praised and flattered me.

"If most of those big households default next year, our Chenjiazhuang will make a fortune, and the income we will get will not be less than this windfall." Ke Lei looked hopeful. He will definitely be indispensable for debt collection by then. He can't wait. .

"The profits will definitely far exceed your expectations!" Chen Xun smiled mysteriously, making everyone understand that there must be something in this strategy that they didn't understand.

However, it is normal for them, with their mortal wisdom, not to understand.

"Then we have to do it as soon as possible, and try to spend all the money before the officers and soldiers arrive." Gan Ping breathed a sigh of relief, and finally no longer had to worry about taking care of the money.

(End of this chapter)