Rebirth: The Financial Giant

In the evening, Jia Changliang had supper at a street barbecue stall with a friend he had known for almost a year. He met when he opened an account for the second time. His friend worked in a securities company.

"The good guy decided to retire at the age of 30? But you really belong." His friend was quite surprised when he heard this, and immediately smiled: "Your decision is not bad, the way of life in which man and nature are in harmony, this kind of The leisurely, slow-paced life, frankly I'm a little envious."

After talking, he touched a cup with Jia Changliang, the latter shook his head with a smile: "The problem is money, the budget is not enough, I'm having a headache about this."

After hearing this, his friend said inexplicably: "Don't you have a hand in Tiansheng's stock? The four million assets are not enough for the budget? Isn't it? Is the cost of living in the countryside so high? Or do you want to do a business? Can't you build a super large 'house'? As a friend, I remind you, don't do this, the area of ​​the homestead will not be so much for you, forcible construction will definitely be demolished in violation of regulations, don't smash a good hand."

Hearing this, Jia Changliang didn't know whether to laugh or cry, shook his head and explained briefly: "What big house is going on there, my headache now is how to get one or two million in cash. I have assets worth three or four million in my name, but 90% are the 100 shares of Tiansheng Holdings that I hold, but I don't want to sell it."

His friend smiled and said: "It's right not to sell, only a fool will sell it. It's not a problem if the market value of your 100 shares exceeds 10 million in the future. If you don't have to do it, try not to sell it. I will chat with you in private. , we are super optimistic about this ticket internally."

After a while, he added: "One day Lu Ming is not the helm of Tiansheng. You can consider selling it. As long as he is in the position of Tiansheng's leader, you will die for a day. Don't forget that Lu Ming is not an old man. , but he is several years younger than you and me, and when he works until he retires at the age of sixty or seventy, it will be thirty or fifty years later."

Jia Changliang couldn't help laughing when he heard it, and then said helplessly: "That's why I have a headache. If I don't sell the stock, I have no cash, but if I sell the stock... No, I won't sell it if you don't say it, even you Having said that, I won't even sell it."

His friend immediately said: "Just because of this headache? You have four million high-quality assets, but you still can't get one or two million in cash? Don't be too simple, put your future cash flow forward. In the current period, it is very simple to be able to cash out without selling stocks.”

Jia Changliang was stunned when he heard it, and immediately said, "Cash in front? What do you mean? Can you cash out without selling the stock? What is this operation?"

His friend immediately said succinctly: "Two words, pledge."

Jia Changliang was curious: "Pledge?"

His friend took a sip of wine and nodded and said: "Yes, to be precise, it is equity pledge, a common cash-out operation by the bosses of listed companies. So many listed companies in Big A are actually junk stocks, and the cash-out methods of the managers of listed companies are nothing more than that There are several ways, such as reducing holdings and cashing out after raising the market, and there is equity pledge, whether the company is good or not in the future will be ignored, and the pledge will be given to the bank to cash out and use it.”

"That is to say, put your forward future cash flow forward to the current period to cash out and spend it first. Your 100 shares of Tiansheng Holdings are very high-quality core assets, and there is no problem in taking them as pledges. I have a little bit at the bank. It's my high school classmate, I can introduce you to him, the cost of your 100 shares is 13,000, right?"

Jia Changliang said immediately: "I bought it at a price of about 13,300."

His friend immediately said: "13,300? Now that your holding cost is equal to less than 10,000 yuan, how much do you plan to cash out?"

Jia Changliang said: "I plan to pay 1.5 million."

His friend nodded and said: "Well, the leveling line can be set at 15,500 yuan, which means that if Tiansheng's share price falls to 15,500 yuan per share, the 100 shares in your name will be forced by creditors. Ping, then these 100 shares have nothing to do with you. However, it is basically impossible to blow your pledged position, not because of rigor, I want to say that it is 100% impossible to blow up your pledged position. "

The stock price of Tiansheng Holdings fell to 15,500 yuan, which is equivalent to the evaporation of 1.85 trillion yuan in market value. If the cumulative decline is close to 60%, if the stock king falls in such a way, the big A will run to the rhythm of falling below 2000 points.

Jia Changliang couldn't help but nodded. He also didn't believe that the stock king could fall like this. A company with zero debt has a net asset that is slightly higher than the market value after dividends of 300 billion yuan. The fall of such high-quality assets is an act of giving money, but if it falls a little more It will be looted, and there is never a shortage of people who take the order. Conversely, it is basically impossible for it to fall.

His friend added with a smile: "It's no exaggeration to say, as long as you don't get too high and don't live too extravagantly, carrying these 100 shares is enough to support you to live a well-off life in this life, is the first brother working for you to make money? cool?."

"And you don't need to sell the stock. When the stock price of Tiansheng Holdings goes up, your cost will drop or the market value of your holdings will rise. Then you can further forward more forward cash flow to spend. That is to say, when asset prices rise, your consumption can also be upgraded appropriately, and you can enjoy rising asset prices without preventing you from fulfilling current consumption. This is the correct way to open up.”

At the end, Jia Changliang couldn't help sighing and said, "There are so many slapstick manipulations. After all, you are the ones who play finance better."

After hearing this, his friend replied indifferently: "Wu Liu, this gameplay can only be regarded as the basic operation of the law and order, and it will make you think of a lot of unbelievable actions of the white wolf with empty gloves. Calling a wild person, such as that ant or something, the capital is more than one billion billions and dares to give you hundreds of times the leverage, and the capital is still the customer's, so wild."

"Compared to how wild and wild these people are, Lu Ming doesn't mention how disciplined he is. Sometimes he has to feel that it is incredible that such a young pattern is already in the atmosphere. It seems wild and unrestrained but is actually stable like an old dog. I think the people in the industry commented on him very well~www.novelmt.com~ Lu Ming is a person who respects the rules. More, just a few simple words will do."

A friend made such a move, and Jia Changliang also had a new plan in his heart. To put it bluntly, he was leveraging himself, and forwarding the forward cash flow and putting it into current consumption to spend, that is, debt.

While chatting with this friend, Jia Changliang also understood that people who live more comfortably are often high-debt groups, but there is a precondition that they have certain assets and will increase in value in the long run.

Ordinary people will end up miserably if they consume excessively and overdraft. There is no asset appreciation income, and their income is not long, but they are forced to spend their future cash flow in the current period. .

How cool the current consumption is, the more painful it will be to pay off the debt later.

Jia Changliang's friend suggested that he play this way because of the Tiansheng Holdings in his hand, and there is a strong expectation of asset price appreciation at the far end, which means that asset price increases can outperform liabilities, of course, you can play with confidence Come on, don't worry about being dragged down by debt.

...