YM778.TV Chapter 13: Time to Make Money Again
Chen Guanglei said, “By the way, Yulu, how’s the fundraising for buying Obsidian Tech stocks going?”
Zhao Yulu shook her head and said, “Nothing much, I only managed to gather two hundred thousand.”
Based on the amount Zhao Yulu had on her credit card and other online lending platforms, she could only manage a total of two hundred thousand yuan.
Chen Guanglei replied, “That’s too little. Even if it multiplies several times, it won’t yield much. If it weren’t for me also wanting to buy this stock, I would have lent you the money. You should think of a way to borrow more money. Opportunities like these don’t come often.”
Zhao Yulu said, “I know, I’ll figure something out.”
If need be, Zhao Yulu would have no choice but to borrow money from some friends.
Chen Guanglei’s eyes lit up and said, “Yulu, I have a method that might make us big money.”
Curious, Zhao Yulu asked, “What method?”
Chen Guanglei smiled and said, “My uncle has a vintage shop on Antique Street. I’ve learned quite a bit about antiques. How about we go to Antique Street this weekend? Maybe we can find a great deal. If we manage to get a good deal, we can split the profits fifty-fifty.”
That way, Chen Guanglei could kill two birds with one stone. He could spend time with Zhao Yulu and strengthen their relationship while also showcasing his knowledge of antiques. He also thought having money and expertise should be quite attractive to a woman like Zhao Yulu. Since his financial investment hadn’t yielded significant results, he might as well try this angle.
“Do you have a knack for antiques?” Zhao Yulu asked as she began to see Chen Guanglei in a new light.
Zhao Yulu didn’t expect Chen Guanglei, a rich heir, to possess knowledge about antiques.
“Of course,” Chen Guanglei boasted. “I used to frequent my uncle’s antique shop and learned about antiques from him. I can’t claim a hundred percent accuracy in distinguishing genuine antiques, but I can confidently say it’s around ninety percent.”
Zhao Yulu couldn’t help but praise Chen Guanglei, “You’re really impressive.”
Chen Guanglei chuckled and suggested, “So, how about we go to Antique Street this Saturday?”
Zhao Yulu nodded and said, “Sure.”
…
After their meal, Xu Yang and Zhao Yuxin parted ways with Lin Junyi.
Back home, as Xu Yang took a shower and lay down on the bed, he chatted with his wife about the short clips. In the end, they hadn’t figured out a concrete plan for what kind of short clips to create. So the matter was temporarily put on hold as there was no rush after all.
Xu Yang opened his futures app and chuckled. He said, “Honey, the gold futures have hit the limit again.”
“Really?” Zhao Yuxin’s eyes brightened as she immediately came over to check. “Honey, you’re amazing!”
“Of course,” Xu Yang chuckled. “I’m your husband after all.”
“Yup.” Zhao Yuxin’s eyes turned into crescents as she smiled. “My husband is the most amazing person in the world. Best husband ever.”
‘In just two days, we had made a few million. I was right to trust Xu Yang.’ Zhao Yuxin thought.
Xu Yang remarked, “It’s a pity; the price hit the limit right away. I can’t even add more positions now. I’ll have to wait until tomorrow.”
Commodity futures were different from stocks. With stocks, any profits made could only be utilized if one sold the shares. However, with commodity futures, daily profits were settled immediately, allowing for immediate use in purchasing more contracts or withdrawing funds. The gold futures had surged by seven percent and hit the limit. In two days, they had hit the limit twice, resulting in a fourteen percent increase.
According to Xu Yang’s system, gold was predicted to rise by thirty percent. That indicated that there was a sixteen percent increase left in this market trend. Since there was still room for growth, it was only natural to add positions using the floating profit. Yet, given that the market had opened with a limit up today, he couldn’t add positions even if he wanted to; he would have to wait until tomorrow.
Zhao Yuxin asked, “Honey, after such a substantial increase, can it still go higher? Isn’t there a significant risk in adding more positions?”
Zhao Yuxin was also aware of the commodity futures settlement system and understood that the profits made during the day could be reinvested. However, she was concerned that adding more positions could be risky, especially if the price retreated or dropped, which could lead to a margin call. Many people who didn’t understand how to add positions saw their profitable positions turn into losses, and some even faced margin calls.
Xu Yang chuckled, “No worries. You just said it yourself, I’m the best in the world, right?”
Zhao Yuxin nodded repeatedly and said, “Yes and I believe in you.”
The next day, Xu Yang heard the system’s notification sound in his mind as soon as he woke up.
BEEP!
This Saturday at 3 p.m., a man named Guo Shan will bring a painting namely Hundred of Beasts by Wu Daozi to a vintage shop named Treasures Pavilion on Antique Street in Jaster City to sell it. The shop owner, Gao Chengwen, lacks adequate appraisal skills and will incorrectly identify the Hundred of Beasts painting as a forgery. He will buy it for ten thousand yuan and sell it to a renowned antique collector a week later for fifty thousand yuan. It will only be discovered after the sale that the painting is authentic and worth up to fifty million yuan. Shop owner Gao Chengwen will deeply regret his decision!
Xu Yang’s eyes lit up. The message was essentially telling him about an opportunity to make money. All he had to do was show up at the vintage shop and buy the painting.
“Time to make money again.” Xu Yang grinned.
“Why are you so happy, Honey?” Zhao Yuxin asked as she woke up and immediately snuggled into Xu Yang’s arms.
“I’m about to make money again,” Xu Yang said, embracing Zhao Yuxin.
“Making money again? The gold futures hit the limit last night. How can you make money again?” Zhao Yuxin asked in confusion.
“Making money isn’t limited to the futures market. There are other ways to profit. How about we go to Antique Street this Saturday? Maybe we’ll get lucky and find a hidden gem,” Xu Yang suggested.
“Why go to Antique Street? Are you planning to hunt for treasures there?” Zhao Yuxin curiously inquired.
“Yeah, who knows, we might get lucky and find something valuable,” Xu Yang grinned.
“I’d love to go with you, but I’m on duty this weekend. I won’t be able to make it,” said Zhao Yuxin. She worked at a bank, and sometimes, she had to work on Saturdays. The coming Saturday happened to fall on her branch’s opening day, and she was scheduled to work.
“Can you swap shifts with someone?” Xu Yang asked. He knew that such situations arose, but he really wanted to experience the joy of finding a treasure worth fifty million yuan together with Zhao Yuxin.
“It’s not possible. Everyone at our bank is usually quite busy. Weekend schedules are arranged well in advance based on a fixed rotation,” Zhao Yuxin shook her head and explained.
“Alright, then I’ll have to go alone,” Xu Yang conceded.
“Can we go on Sunday?” Zhao Yuxin proposed. As long as she worked on Saturday, she would be off on Sunday.
“I’m afraid not,” Xu Yang said and shook his head.
“Why not?” Zhao Yuxin was puzzled. “Wouldn’t it be possible to hunt for treasures on Sunday as well?”
“It’s, um…” Xu Yang hesitated for a moment before coming up with an excuse. “I have a feeling that if I go on Saturday, I might find something valuable. But if I go on Sunday, the opportunity might be gone.”
It was a terrible excuse, but Xu Yang could only think of that on the spot.