Reaching the age of thirty, my income randomly doubled
Chapter 1071 - 799: Old Yang Trading Stocks_2

Chapter 1071: Chapter 799: Old Yang Trading Stocks_2

Most of them are just earning a couple’s salary at most.

Some shops, originally doing quite well in business, were quickly dragged into the mire by marital conflicts.

Even more severe cases directly led to the closure of the shop.

This dragged the Dream Fund’s investments into zero returns as well.

The smaller the shop, the more it tests the harmonious relationship between couples.

Originally, without opening a shop, the relationship was fine, but as soon as a shop opened, the relationship instantly shattered.

He witnessed all kinds of phenomena in this space.

Among these, he understood one simplest truth: stability of emotions is crucial in small entrepreneurship.

Chen Lu stayed here for two months, during which he returned to Shenzhen only three times.

These three times were because Su Xiaoxi brought their daughter back from Xiangjiang, and he went over to accompany them.

In the myriad facets of life, he gained a preliminary understanding of some things during these two months.

Back home, when he spoke to Su Xiaoxi, he kept marveling that most conflicts among couples at the grassroots level often stem from domestic trifles and necessities.

Regarding entrepreneurial failures, aside from a few with insufficient understanding, over 80% were due to inadequate preparation.

Many were even impulsive ventures, jumping in without thinking.

They failed in a matter of months.

The Dream Fund did not set many barriers for grassroots entrepreneurs, if they chose projects like large ones, almost none would receive investment from them.

It was originally a grassroots entrepreneurship support fund, capable of supporting thousands of entrepreneurs annually with a five billion investment.

As for the success rate, it’s not even part of the internal statistics.

As long as the losses aren’t too severe, it’s acceptable.

Two months passed, and in a blink, it was New Year’s Day 2038.

Chen Lu put that aside for the moment, remaining a grassroots market researcher for the Dream Fund.

An’an and Erya both made their way to the urban village in Shenzhen to spend the festival with Chen Pingsheng.

He was no longer young, and no one knew how much longer he would live.

Like ordinary elders during festivals, he enjoyed family gatherings.

His younger sister Chen Qi also came with her son Hu Qilin; after the last incident of being caught for drunk driving, Hu Qilin became much more behaved.

Actually, for a rich second generation like him, those who like to cause trouble usually have their parents cleaning up after them.

If parents always cover for them, it’s easy for them to become reckless, fearing nothing.

Once without parental protection, they shrink back like scared mice.

Look at him now, isn’t he much more obedient?

Who dares to randomly go after someone’s girlfriend again?

"Brother... don’t you think Qilin has improved a lot?" his younger sister Chen Qi came over and asked gratified.

"If it weren’t for your indulgence, he wouldn’t have turned out like this."

"Brother... you’re right, I’m planning to arrange a marriage for him, which family do you think is better?"

Chen Pingsheng glared at his little sister, "You always come looking for advantages, don’t you?"

"Big Brother, don’t get me wrong, I never intended for Qilin to marry into any high-ranking family, I’m just sincerely asking for your opinion."

Previously, Chen Pingsheng had already declared publicly, no matter what Hu Qilin did outside, it had nothing to do with him.

This essentially severed the connection between Hu Qilin and himself, without his endorsement, what good match could he find?

His little sister was clearly trying to leverage his name to arrange a marriage for her son.

At least to get a match like the two daughters in the eldest sister’s family.

Chen Pingsheng turned away with a stern face, bothered to deal with her.

His sister grunted and did not speak further, evidently her plans had not worked out.

The advantage of having an elder brother was not easy to take, too many children in the family already ahead of her.

Hu Qilin wanted a good marriage, he had to rely on himself.

The family was bustling, Chen Pingsheng practiced Tai Chi with Little Ji Ye.

Outside the courtyard, Little Zilin and her grandpa came to greet.

"Grandpa Yang..."

Little Zilin went to the same kindergarten with him, and Grandpa Yang was friendly, often bringing them snacks, so Little Ji Ye liked this grandfather and granddaughter duo quite a bit.

"Ji Ye, practicing Tai Chi with your grandpa again?"

"Yes, my grandpa says Tai Chi not only strengthens the body but also allows you to take on ten people when you grow up."

"Great, great, Ji Ye is truly impressive."

Old Yang was also a retired senior, with a decent monthly income, he also liked playing chess with Chen Pingsheng.

"Old Chen, up for a game?"

"Can’t you see I have so many guests, no time today, I’ll come find you tonight!"

"Alright, since you’re busy I’ll go find someone else, I’ve been earning big lately, if you listened to me, Old Chen, you’d have made quite a lot too."

Old Yang was a warm-hearted person, besides playing chess with them after retirement, his other hobby was stock trading.

He not only traded stocks himself but also liked to get other idle elderly in the village into it.

Stock trading is quite normal, popular in every big city.

Chen Pingsheng used to love trading industrial stocks, investing hundreds of millions or billions in industries with promising future growth.

Wait three to five years, and there’s a natural harvest.

Old Yang’s stock trading was different, he preferred speculating, listening to so-called insider tips.

There’s a saying in stock markets: veterans die catching falling knives, rookies die chasing peaks.

Regardless of being a veteran or rookie, everyone meets their end in different ways.

Someone like Old Yang is the easiest to deceive.

Chen Pingsheng only engaged in industry investments and policy-oriented stocks, such so-called insider tips often only served the big players absorbing the retail investors.

Once prices hit certain highs, the big players cash out, leaving others with worthless shares.

Old Yang had been trading for years, advising him was futile.

"Old Yang, don’t blame me for not warning, play it yourself if you must, but don’t involve other elders."

"You’re overthinking, old men in the village worship me as if I’m a god."

"While earning, obviously, once losing money, you have a steady pension, but other elders without pensions, they might lose their life savings. Don’t wait until their children confront you to regret it."

Chen Pingsheng reminded him again, but Old Yang wouldn’t listen. He didn’t do it to help them earn, it was purely to show off.

That’s why he bragged about how much he’d made recently.

Other elders, having lost their earning power at home, naturally got drawn in.

If one started losing money, it would be fine.

Gambling and stock trading are alike, the most fearsome is initial wins drawing you in deeper.

When Old Yang left with his granddaughter, he went to Granny Li and Old Zhang next door.

No exception, these people weren’t original residents of the urban village, but moved there later because their children worked here to help with grandchildren.

If they were original residents, they wouldn’t be easily swayed by Old Yang.

The Shenzhen stock market began preparations in 1989, officially opened on April 3, 1991.

In ’92 came a spectacular boom called the 1992 Fortune Certificate, with people lining up a month early to buy it.

Fire hoses couldn’t disperse them.

Every urban village original senior experienced that era.

Understanding the allure of stocks, it was lucrative in the early years, later it was just laughter.

A history of stock trading is half a family’s tears.

Only these elders from other regions were easily misled by Old Yang.

Since Chen Pingsheng warned him, but he wouldn’t listen.

What followed would be up to Old Yang himself.

Old Yang, although experienced in stock trading, knew major players controlled the market, but dared to dive in regardless.

He bet that he wouldn’t be the last to hold the bag.

If he sold before the big players did, surely he’d earn handsomely.

For seven continuous days, the stock he recommended hit the upper limits.

Good news kept coming.

Old Yang strutted around the village, full of pride; others started calling him Stock God Yang.

The exaggerated flattery was evident.