Dad, I Am the Richest Man Now. Have you Passed Your Exam - Chapter 28
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- Chapter 28 - Dad, I Am the Richest Man Now. Have you Passed Your Exam Chapter 28
Chapter 28: The Big Plunge Begins!
Ryan glanced at the side of the stock market.
His eyes lit up.
“That’s right. There aren’t many opportunities in the stock market. Futures might not be it.”
This stock trading hall also had futures business. The other screen was information of futures.
Futures were slightly different from stocks, and they were not spot goods.
Spot goods were real and tradable commodities, and futures were trading contracts for various commodities.
For example, cotton, soybeans, precious metals, crude oil, and so on.
The delivery date of futures could be a week, a month, or even a year later.
A contract to buy and sell futures was called a futures contract, and investors could invest or speculate in futures.
Because it involved too much time, futures were extremely challenging for the eyes.
This was much harder than stocks, and the risk was multiplied exponentially.
Even in his previous life, the Crown Prince, Ryan, did not dare to touch this game.
Although the futures rules in the parallel world seemed to be a little different, Ryan had a super investment system now, so he could definitely get a chance to make money in it.
As long as stocks were put in, they could immediately see the ups and downs, and they could choose to buy or sell based on it.
Just like that bald man, if he sold it now and minus the various fees, he could really make a little money.
But Ryan wouldn’t be this kind to remind him.
Futures were different. It would only come to fruition at some point in the future.
This directly caused the money invested to not be saved in the face of bad situations, and the risk increased greatly.
At this time, Ryan was just standing there.
In the stock trading hall, there were already people cursing and swearing, but they looked at Ryan for a while, he still didn’t make a move.
There were already people who couldn’t wait and continued trading.
A group of netizens were extremely disappointed.
Even though Ryan had just said that Milu Pharmaceuticals had the risk of limit down, but there were still many people who went to buy it.
Even though there were many people who recognized Ryan’s investment talent yesterday, there were still people who did not believe that there were no profitable stocks out of so many stocks.
Those who had money in their hands, if they did not spend it, they would be itching to do it.
“Wasting our time and not trading stocks. Why are you here to watch the show? I will also buy Milu Pharmaceuticals.”
Someone cursed.
After a minute or two, they saw that Ryan had no intention of making a move.
More and more curses were sounding. They had been waiting for more than an hour.
The market would close soon. They had been busy all day for nothing.
Ryan, on the other hand, did not care about them at all. He kept his eyes on the futures.
“Gold Futures.”
Investment Report: 5.5 million
Investment Cycle: 8 days
Investment Amount: 500,000 dollars (more investment means more profit. The host now has 30 million, which is 10 times the yield, reaching 300 million.)
Reason: the gold market has been in a state of collapse, and gold futures have also been in a state of plummet. It has reached a critical point and will inevitably rebound. Most importantly, two days later, it was confirmed that the Phelps Gold Mine was located in west America. The news would spread to the United States in an instant, and the gold futures would soar.
The returns of the gold futures was quite good.
But the time to invest was too long. It would take eight days.
Father and Son Swap only had a month left, but for Ryan, the time period was too long.
It was directly excluded.
If the rest found out about this matter, Ryan would definitely get an earful.
F*cking 30 million to make 300 million dollars, in just eight days, over a long period of time, this is crazy.
Cotton futures
Return on investment: 60 million
Investment period: 7 days.
Current Assets: 31 million
Reason: increased demand, normal rise.
Crude oil futures
Return on investment: 400 million
Investment period: 3 days
Current Asset Investment: $31 million
Reason: 100 days ago, the European Union Business Conference collapsed, causing crude oil prices to plunge 55.9 dollars to close at-37.63 dollars per barrel. A drop of 305.97% in nearly half a month. Held the fourth consecutive conference, crude oil returned to the track, a large-scale rebound.
Ryan saw this investment revenue, his hands were trembling.
In his previous life, he was like a prince of a huge business empire.
He had tens of billions of dollars in his hands.
But with the help of the family’s huge network of contacts, all kinds of intricate business made countless investments to earn money.
How could there be such a money-making method, 400 million dollars of earnings in three days.
If that was the case, wouldn’t he be able to return to his peak soon?
In just three days, his assets could increase by more than 13 times. This was simply incredible.
At that time, Ryan would have enough things to do.
“With this money, I can start my own investment opportunities. Alright, let’s do it then.”
He opened his phone and searched for information on crude oil.
Ryan immediately saw the reason why crude oil had plummeted.
The reason was that America had allied with many countries to suppress Saudi Arabia’s crude oil, but it had attracted the concerted resistance of Russia, China, and other Eastern countries.
There was a limit to everything.
After the limit, there would be a blowout.
Everyone thought that the conference did not go well and that there was a high chance of a breakout, and the depressed crude oil market would continue.
However, the truth was that because of America’s compromise, the fourth conference settled the matter. And the price of crude oil would immediately take off.
Hence, the price rose sharply.
“Sigh, the price of crude oil is even cheaper than water now. There really are such things.”
In the live broadcast, the audience looking at this scene became nervous.
“Ryan, are you eyeing on futures? Can you play with these things?”
“That’s right. I used to buy futures before, but I ended up making a huge loss. It took me three years to pay off my debt. There are too many unknowns in futures, and even financial experts don’t dare to try them.
Those who can earn money from here are all big spenders.”
And at this moment.
A large number of stockholders began to complain.
Because the stock market had begun to plunge.
The bald man’s eyes were red.
He kept saying that it would definitely go back up.
“Go back up.”
Actually, it had only fallen by one point.
If the bald man sold the stock now, he could stop the losses.
But human greed was endless.
People who played stocks were sometimes no different from gamblers.
Soon, a few minutes passed.
Milu Pharmaceuticals fell below 3 points in a series of miserable howls.
“Oh my God, why is it still falling? I beg you please, don’t fall anymore.”
Some people couldn’t hold it in anymore and began to sell stocks.
But things weren’t over yet.
After just a minute, the plummeting stocks suddenly stopped falling.
It actually rose by 1 point.
The person who sold stocks just now instantly were placed at the verge of breaking down.
“Oh my God, don’t play me like that. I just sold it when it fell by three points.”
The bald man laughed out loud in an exaggerated manner. “Hahaha, I knew it. How can pharmaceutical stocks continue to fall? This is impossible. It must have rebounded. I estimate that it will gain three or four points.”
A person’s greed would not stop.
Ryan shook his head and whispered to himself, “If they really continue to grow back, I reckon that you won’t sell so easily.”
But that was all.
Milu Pharmaceuticals only rose by one point before it weakly pulled its crotch. In the next minute, it plummeted by three points.
The bald man’s face turned green.
His entire body trembled.
“They can rise, they can rise.”
The stock investors who had not sold off yet were all looking at the big screen like wolves.
They were about to go crazy. It felt like they were on a roller coaster ride that was really uncomfortable.
Then, at the next moment.
Milu Pharmaceutical’s stock dropped by 10 points in an instant, immediately hitting limit down.