Dong Qiangqiang's Story of Leaving Germany

Chapter 327

As soon as Dong Qiangqiang pressed the doorbell, Duanmu's voice came from the access control intercom: "The door is open, come up quickly."

He turned the brass door handle lightly with his hand, and the door was indeed open.

As soon as he stepped on the wooden stairs to the second floor, Dong Qiangqiang heard Duanmu's anxious voice above his head: "It's almost 02:30, I thought you weren't coming."

"It's a long way," Dong Qiangqiang comforted, "but didn't I come here too?"

Duanmu's room is very large, similar to Dong Qiangqiang's. His kitchen and bathroom are at the end of the corridor outside the house, shared with the whole floor.

His room was messy, but what was thrown everywhere was not clothes, books, magazines or bowls and chopsticks, but Lego blocks of various colors.

On the dining table, on the TV cabinet, on the desk, on the sofa, on the bookshelf, and even on the bedside, as long as Dong Qiangqiang can see it, there are all kinds of Lego toys with various themes, some of which have been assembled into finished products, and some are still semi-finished products (or wreckage).

Dong Qiangqiang picked up an inconspicuous Lego minifigure from the desk. He recognized it as the Darth Vader in the movie "Star Wars" and teased, "You still play with this?"

Duanmu said sternly: "What you are holding is a 90-year limited edition minifigure. Regardless of its small size, this one costs more than 300 marks."

"So expensive?" Dong Qiangqiang was taken aback. He turned around and took a closer look at the figure, but he didn't find anything special. "Isn't this just a building block? It looks very ordinary. Are you lying to me?" Bar?"

"You have never touched it at first glance," Duanmu said, pointing to a row of finished Lego toys of various shapes on the bookshelf, "the magazine said that in the past five years, the return on investment of Lego toys was much higher than that of the German stock market." And the fixed deposit interest rate of the German bank. Several series released by LEGO in the early years are now limited editions, and millions of players around the world are scrambling for these building blocks. Although you think it looks ordinary, but between various bricks The endless permutations and combinations are fascinating. It is said that the Italian and American mafia are also stocking this thing. Have you seen this Star Wars Millennium Falcon spaceship on my shelf? Although it was released last year, it was discontinued at the end of last year , my version has already doubled the original price on eBay in Germany and it keeps going up. Do you still think it 'looks ordinary'? I stocked up on 5 sets before, and then it sold out Five sets, I'm so regretful that my intestines are green." Duanmu looked at the ornaments on the bookshelf and said emotionally.

Dong Qiangqiang was dumbfounded by what Duanmu said. He didn't expect Lego to be a hard currency.He looked at the row of building blocks on the bookshelf again, and sighed: "It turns out that it is similar to the Stone of Jordan ring in Diablo 2 Battle.net."

Diablo 2 and the Stone of Jordan's reputation Duanmu is naturally very clear, he agreed: "Yes, they are the same, and the ring of the Stone of Jordan is about 20 dollars on eBay now."

"Okay, I have improved my knowledge." Dong Qiangqiang carefully placed the figure in his hand on the bookshelf, and changed the subject, "What is the price of Volkswagen now?"

Hearing this, Duanmu's emotions immediately deflated like a deflated ball. He sighed and pointed to the computer screen: "It's half dead, it's about the same as this morning."

"Then what are your plans now?" Dong Qiangqiang was straightforward.

"I want to sell (stock), but I'm afraid that the stock price will go back up after I sell it." Duanmu murmured, "I have almost 800 shares in my hand. If I sell them all at once... then all the money I made in the stock market and other aspects this year will be lost. All have to be paid out, and it may not be enough.”

"No one can guarantee how the stock price will change in the future, not even Buffett. If you are really worried about future variables, you can sell a part and keep a part, so that you will not suffer too much no matter whether it rises or falls in the future, but if you have nothing If you do it, it’s hard to say. In addition, you have more stocks than call options, and stocks can only benefit from unilateral rises, so you can properly allocate some 3-month short-term put options to hedge against stock price changes Risk. I can't think of a better way than that."

"But now... I don't have any money." Duanmu looked embarrassed, blushing like a tomato, "I don't have the money to buy options even if I want to."

"Don't you still have these?" Dong Qiangqiang pouted at the Lego on the bookshelf, "The price of a set has doubled. You have so many. Selling them all should make a lot of money, right?"

"But these... are all limited editions." Duanmu looked at Lego with a look of reluctance, "Some of them were specially memorized by me from other countries..."

"It doesn't matter if you don't sell it, then you can only pray that the public stock will not continue to fall." Dong Qiangqiang clapped his fists, "Since there is nothing else for me, I will leave first..."

Seeing that Dong Qiangqiang was about to leave, Duanmu said anxiously: "Then if I bought a put option, and the public stock price rose back after 3 months, wouldn't I lose more inside and out?"

"As long as you choose a put option that is similar to your cost of opening a position. For example, if your cost is 79 marks, you can choose to expire in 3 months, and at the same time stipulate that the stock price of the public must be lower than 3 marks in 79 months before the option can be exercised." If the stock price is higher than 3 marks after 79 months, then you lose all the money to buy options, but earn money for the stock to rise. If the stock price is only 3 marks after 65 months, then your stock is worthless. If you lose money, options can help you earn some back. And you should know that as long as you don’t really sell those stocks, the money you lose when the stock price falls is a paper loss, a floating loss, not a real loss. Do you understand?”

"Then if I bought a put option and the stock price went up, what should I do if the money I earned from the rise in the stock price was not as much as the money I spent buying the option?" Duanmu asked one after another.

"The situation you mentioned does exist," Dong Qiangqiang admitted, "but options are generally leveraged, so the price is usually only one-tenth or one-eighth or a fraction of the stock price, and it doesn't cost a lot of money." In addition, you can also roughly estimate, if the stock price rises to 89 marks, how much money you can earn from the stocks in your hands, and how much you will lose on the options in your hands. After finding a balance point, you can Know how many options you should buy. And you have to know that many investment institutions do not make money from every transaction. Their investment income may be 10 yuan for product A and 5 yuan for product B. But the final total income is positive.”

Duanmu was speechless for a while after what Dong Qiangqiang said, he hesitated for a long time, and sighed: "Hey, well, then do it according to the method you said."

"But what I'm talking about is just a stopgap measure," Dong Qiangqiang continued, "You still have to find a way to make more money. Open source is the fundamental."

When Dong Qiangqiang spoke, the Duanmu man had already fallen to the ground.When Dong Qiangqiang finished speaking, Duanmu had already pulled out a large black garbage bag from under the bed.

"What is this?" Dong Qiang asked.

"Didn't you ask me to sell collectibles?" Duanmu opened the bag, took out several beautifully printed Lego cartons, and stacked them on the table one by one, "I accept advice like a lot, and I will start now. By the way, I want Didn’t it start with you? You buy a few sets of Lego and be my first supporter, it’s a good idea to keep the money away.”

Dong Qiangqiang did not expect that Duanmu would actually make such a request to himself, and said with a wry smile: "But I don't understand Lego at all."

"What are you afraid of? You haven't bought German stocks before, don't you even understand options now?" Duanmu said disapprovingly.

"How do I understand?" Dong Qiangqiang hurriedly waved his hand, "The pricing models of all stock options are calculated repeatedly through complex mathematical formulas. The most cost-effective price to buy is actually calculated by formulas. We all Layman, just understand a basic concept."

Duanmu didn't listen to his explanation at all, and directly picked out three big boxes from a pile of paper boxes and pushed them in front of him, and said involuntarily, "Don't say I didn't take care of you, these three sets are the best three series among them."

"What's all this?" Dong Qiangqiang was confused.

"A set of the Millennium Falcon spacecraft released last year, and two technology series released earlier, are all limited editions. I can't lie to you. Maybe these three models will be able to rise to 1000 marks by this time next year."

"Then how much are the three now?" Dong Qiangqiang asked, pointing to the box.

"Well, I won't take the eBay price with you, I will give you a 500% discount, and I will take away three boxes of [-] marks." Duanmu expressed his grief.

500 for three boxes?Dong Qiangqiang couldn't help clicking his tongue, thinking that this pile of building blocks is worth thousands of RMB?But he changed his mind and thought again, Duanmu needs help now, whether it is emergency or poor, he should help.Thinking of this, he did not counter-offer, took out the money that Fleischer had just given him, and handed it over directly from his pocket: "Boss Duanmu, I wish you a prosperous business! May the stock rise with you! exist!"

PS1: Special thanks for this chapter: Teacher Xia spent a lot of money on Cordyceps sinensis 6090.Thanks for the recommendation tickets of 111, Renguo Dafosi Y Fosi, Cordyceps 6090, and Hui.

PS2: Continue to ask for recommendation tickets, monthly tickets, and tips.

(End of this chapter)