Chapter 646 647 [Plan to make a fortune]
Thanks to Xiangnan and Shuihua, the land in Jintan Village was cleared in one day.
?Every household was busy planting beans, vegetables, and millet, hoping to harvest a crop while the temperature was still high.
Jiexia has a temperate continental semi-arid climate, which can be summed up as follows: drought with little rain, strong winds and sand, abundant sunshine, strong evaporation, long cold winters, quick warm springs, short hot summers, and early cool autumns.
Therefore, one crop a year is more than enough, but two crops a year are insufficient. If we don’t plant the land in July, then in another month, in September, the temperature will be only 25 degrees at the highest and even 10 degrees at the lowest, and nothing will grow.
…
After Xiang Nan and Shui Hua returned to Yinchuan, Shui Hua continued to run her own clothing store, while Xiang Nan was writing articles and thinking about making more money.
In the 1990s, writing books was actually not very profitable anymore.
First of all, the standard of remuneration is low. In the 1980s, the standard remuneration was three yuan to ten yuan per thousand words; in the nineties, the standard remuneration was ten yuan to forty yuan per thousand words.
Looks like it has gone up. But don’t forget, in the 1980s, the monthly salary of ordinary workers was only 30 yuan; in the 1990s, the monthly salary of ordinary workers had reached 200 yuan.
?Workers'' wages have increased sixfold, while writers'' remuneration has only increased threefold. It is obvious that the standard is low.
Secondly, social prices have skyrocketed. In the 1980s, pork cost less than one yuan per pound, rice only cost two cents, and daily necessities such as toothpaste and toothbrushes only cost a few cents.
In the 1990s, pork had risen to two to three yuan, rice had risen to fifty cents, and toothpaste and toothbrushes had risen to one yuan. And with the opening up, a group of people have become rich first in society.
?The intrusion of Hong Kong, Taiwan, European and American culture has also made people’s desire to compare more and more intense. People are no longer satisfied with food, drink and subsistence, but generally pursue higher enjoyment.
Furniture, home appliances, motorcycles, cars... are gradually entering thousands of households, and these are not just a matter of 80 cents. A Nissan TV costs seven to eight thousand yuan, a Chunlan air conditioner costs more than five thousand yuan, and a motorcycle costs more than ten thousand...
Xiang Nan’s two articles sold for 10,000 yuan, which seems like a lot, but it is still far from being able to live a good life. Not to mention helping the villagers of Jintan Village get rich together.
So he must make more money.
Writing books and opening stores obviously could not satisfy his need to get rich quickly, so he turned his attention to the stock market where he could make quick money.
In the 1990s, China’s stock market had just opened for trading.
Hongzhen Stock Exchange opened on a trial basis on December 1, 1990; Hujiang Stock Exchange officially opened on December 19, 1990.
Xiang Nan checked the information when he came here and knew that from June 1991 to May 1992, it was the first wave of the bull market in the mainland stock market. The index went from 115 points to 1,429 points within a year, a twelve-fold increase. This was the earliest madness in the mainland stock market.
?At that time, Yinchuan was still relatively backward and did not even have a stock trading hall. Xiang Nan had to take a bus to Chang''an if he wanted to buy stocks, but he went anyway.
…
He told Shuihua about buying stocks and was not going to hide it from her.
?Shui Hua has read the newspaper every day since coming to Yinchuan, and she knows that the stock market is very popular now, and also knows that the stock market has risks.
?However, she still chose to believe Xiang Nan.
"Yong Fu''er, you earned all the money in the family. You are the man of the master''s family. You can do whatever you want with it." Shui Hua said, "Besides, I believe you."
Xiang Nan was very moved when he heard what she said.
Then he took a train to Chang''an and bought stocks. In 1991, there were only a few stocks on the stock market, and they all had a one-sided trend of skyrocketing, so there was no need to choose, they were all monster stocks.
Xiang Nan invested a total of 20,000 yuan, all of which he earned from writing books.
?Although Shui Hua''er expressed her support for him and believed in him, since Xiang Nan bought the stock, she began to read the financial section of the newspaper every day.
Xiang Nan knew that she was still worried about losing her investment. However, seeing the stock price rising day by day, Shuihua''s worry turned into joy.
“Yong Fu’er, our stocks have gone up again. You are still great, twenty thousand has become thirty thousand~” she said happily.
Xiang Nan is really amazing. In just a few days, twenty thousand has become thirty thousand. Think about their family, who have worked hard all their lives and cannot even save a thousand yuan.
“Where is this? I have to make 10 million.” Xiang Nan thought about it.
They want to buy a house and a car in Yinchuan, and everything will cost almost one million according to the highest standards. Investing in building a factory in Jintan Village and bringing the villagers to wealth would be impossible without seven to eight million.
“Ten million?!” Shui Hua was shocked. He never dared to imagine that there would be so much money.
Xiang Nan smiled, he was sure he had earned it.
…
From July to January, Xiang Nan basically wrote at home.
"Wuthering Mountains", "The Woman Who Crossed the River of Man", "On the Field of Hope", "Helan Blood", "Wolfbane Flower"...a full-length novel was born from his hands, averaging one per month. , each about 250,000 words.
??I wrote 1.75 million words in seven months. In the field of online writing, this speed is nothing, and it can even be considered slow. But in the field of pure literature, this speed is simply terrifying.
Xiang Nan also won the title of [Desperate Saburo] because he was so prolific.
?These novels were not only published in magazines, but also successively released by publishing houses, and Xiang Nan received another royalties.
In 1990, the state adjusted the standard for manuscript fees, raising the commission from 5% for every 10,000 copies to 8%. The more copies are printed, the more Xiang Nan will take.
??Moreover, the novels written by Xiang Nan are basically popular literature, with strong storytelling and more suitable for reading, so the sales are pretty good.
Therefore, by the end of the year, Xiang Nan had earned nearly 200,000 yuan just by writing articles. All this money was invested in the stock market one after another.
With the stock market skyrocketing, Xiang Nan''s net worth had risen to 400,000 by early 1992.
…
At the beginning of 1992, Xiang Nan wanted to take Shuihua to the Shanghai River.
"Why are you going to Hujiang for no reason?" Shuihua asked in surprise.
"Hujiang is going to promote stock subscription certificates. I think it''s an opportunity to make a fortune." Xiang Nan said with a smile, "Let''s go over and have a look. By the way, you can also open your eyes and see what people in real metropolitans are like. Those who dress well also know what will be popular in Yinchuan in the future.”
In 1992, Hujiang launched a subscription warrant system in order to issue new shares. Each subscription certificate costs 30 yuan, is issued in unlimited quantities, is valid all year round, and can be drawn in multiple lottery draws. You can subscribe for stocks with the winning number. One subscription certificate can win the lottery repeatedly.
?However, at the beginning of the issuance, the sales volume of subscription certificates was not high.
One of the thirty dollars is equivalent to the one -year salary of ordinary people, not too many people dare to spend the money; second, the winning stock may only be able to subscribe for the stock at the time. People worry that if they buy too little, they won''t win, and their money will be wasted, so they don''t dare to buy.
But Xiang Nan knew that because no one dared to buy it, only more than two million units of the subscription certificates that were originally planned to be issued were sold. This suddenly increases the probability of winning the lottery five times.
?As a result, the value of the subscription warrants surged.
In addition, in the first half of 1992, the stock market surged. It is common for an original stock with an issue price of one yuan to rise to twenty or thirty yuan.
?Hence, the subscription certificates that were originally dismissive suddenly became popular. At its peak, the price of a copy was more than 10,000 yuan, an increase of more than 300 times.
(End of this chapter)