"Mr. Liu, are you buying Beihai Road and Bridge again? This stock has not risen much. Beihai is a remote place, with roads and bridges built, and not many business travelers passing by. I don't know how many days it will take for the company to earn back the principal invested.
Why do you have to buy this one?"
Seeing that he was an old acquaintance, the "guest in red shirt" behind the counter handed him a market price list and asked with a smile.
"Investment must be based on the long term, and don't just look at the present. The Beihai area, with abundant water and grass, flocks of cattle and sheep, and minerals, will develop sooner or later. By then, the stock price will be more than this!" Liu Shitou smiled.
Say, fill in the market price list with your hands: Beihai Road and Bridge, 100 cents per share, purchase 50,000 shares.
He only needs to fill out a form and does not need to actually spend any money. Each shareholder has an account in the bank and deposits money. Officials from the Securities Department directly interface with the bank to transfer transaction fees and deduct stamp taxes. In order to
Being able to attract these high-quality customers, major banks have set up branches near the Securities Exchange Building, making the area near Jinchuanmen very prosperous!
"I've heard for a long time, Mr. Liu, that you are an expert and good at value investing. Please tell me in detail what value is one day?" The man in red shirt said respectfully. He knew that Liu Shitou was a celebrity and he was just a shoe shop owner in the early years.
Dude, he just made a fortune by buying and selling stocks, and he is quite famous near Jinchuanmen.
Hearing people praise him as a master, Liu Shitou smiled happily, "I'm not a master, I'm just lucky." After saying that, Shi Shiran left the counter.
However, today's luck did not seem to be very good. In the morning, Beixin Road and Bridge's share price fell by three cents, and by the close, it fell to ninety-seven cents per share. For Liu Shitou, who has weathered many storms, this was no surprise.
The closing bell rang, and he left the trading floor calmly. It was already dinner time, and although he was not hungry, he still went to the "RiRihong" restaurant out of habit.
"RiRihong" was originally called "Hongyunlai". A securities investment building was built near Jinchuan Gate. Most of the diners here are investors from all over the country. People who play stocks like red and hate green. Shopkeeper Yu Tianfu grasped these.
In people's psychology, changing "good fortune comes" to "every day is red". Not to mention, it is really effective. After changing the name, the number of customers suddenly increased by 30%.
Yu Tianfu stood at the door of the store to personally greet guests. This is his business experience: the more prosperous the business, the more enthusiastic he must be to entertain guests. The owner's personal greeting and the clerk's greeting will give the guests a different feeling. In doing business, you must be friendly and prosperous.
, greeting guests with a smile! Of course, shopkeeper Yu’s smile is only for the guests who come to his shop to drink, but he has always been dismissive of those poor people who can’t afford wine.
When he saw Liu Shitou, his head immediately dropped by three points, and a smile appeared on his fat face, "Mr. Liu, you are here, are you still at the same place? Please come inside!"
Liu Shitou nodded slightly as a reply, then ignored him and walked in with his head held high. A few years ago, when he was working as a shoe shop clerk, every time he passed by this restaurant, how could Fatty Yu ever look at him? Now he
Now that we have become rich, this fat man is trying to curry favor with us in every possible way. Huh! When you were poor and humble, you refused to give me a good face; when you become rich, I will make it impossible for you to climb up!
Ordinarily, the shopkeeper should be so snobbish that he should no longer take care of his business. However, this place is called "Ririhong", and a group of his friends and fans like to eat here, and the cook in the building also burns a lot of food.
It’s a good dish, and Fatty Yu comes across this place again. He’s a good official and doesn’t hit the smiling guy. So he doesn’t argue with him and becomes a regular customer here.
"Teacher Liu is here!"
"Oh, Teacher Liu, everyone is waiting for you."
"Teacher Liu, I have a check, please help me take a look"??
In the lobby of the restaurant, as soon as he appeared, the crowd immediately became excited.
Liu Shitou is a legend in the Jinchuanmen area. In his early years, he worked as a shoe store clerk, but he was very humble. He got up earlier than a chicken and worked more than a donkey. He could barely make ends meet, and he was often criticized by his boss and guests.
Later, by chance, he started playing stocks and became prosperous. In the eyes of ordinary people who longed to get rich, he became an idol in life. Many people bought stocks because of him, and people in his neighborhood often asked him about the stocks in their hands.
He never refuses consultations and is tireless in teaching, so everyone calls him "Teacher Liu".
"Teacher Liu, last time you said that you should buy companies with good quality and profitability, so that even if the stock price falls, you can still get dividends every year, and you can hold on to it with confidence. I followed your advice and bought a Yunnan Tea
The business has fallen by 20% after buying it, and the dividend of 10% cannot offset the loss of the decline. What should we do?" Someone asked him.
"Oh, I know that the Southern Yunnan Tea Industry is a good stock. It owns many industries and has stable performance. However, you bought it at the wrong time. It is expensive! Others say that stock trading is difficult, but I think it is very easy. I have to grasp the four
Words: 'Sell high and buy low'. When playing with tickets, look at the quality first and then the stock price. No matter how good the ticket is, it won't be good if the stock price is high. An arm is like buying vegetables. The same cabbage will be sold in the morning.
Two pennies at noon, but only one pennie at dusk. Why not buy at dusk?"
The principle is very straightforward. Buying stocks is like buying vegetables. Buy when the prices are cheap and you won’t suffer a loss.
The man understood, blushed and asked, "Teacher, it's too expensive for me to buy, should I sell it?
"It doesn't matter." Liu Shitou smiled, his expression as determined as a stone, and a sense of domineering emerged spontaneously, "Just hold it in your hand and don't move. Good stocks can fall, and they can naturally rise back. Even if they don't rise, this company will continue to rise every year.
With dividends, you can make money every year, so what are you afraid of? This is the benefit of value investing. You have good stocks in your hands and you are not afraid of falling prices."
"Teacher, you often say that stocks, like cabbage, have a base price. The stock price fluctuates up and down around the base price. We are asked to buy when the fluctuation goes below and sell when it fluctuates above. You also ask us to pay attention to the company's profits and liabilities.
Sales and other conditions. But we are all ordinary people, how can we know this?" Someone asked again.
"This is very easy." Liu Shitou picked up a copy of "Securities Daily". Since the completion of the Securities Investment Building, newspapers such as "Securities Daily", "Southern Business Daily", and "Investment Express" have sprung up like mushrooms after a rain.
"Read more newspapers and study diligently. Of course, if you have time, it would be better to go to the company to investigate in person," he said proudly: "Once, I bought Xu's Cloth Industry. In order to see whether this ticket is good or not,
I personally visited fabric shops in various places and found that their fabrics were in short supply, so I decided to buy them!"
As soon as this statement came out, there were boos and sighs, and everyone was sighing. No wonder people can make money. With such seriousness, it is unreasonable to not make money!
Seeing that everyone was fascinated by what he heard, Liu Shitou chuckled and said, "I have four words of experience for you. If you operate on this, not to mention making a profit, at least you can protect your capital. 'Buy down, not up, sell high, don't sell low.'
It's good to diversify your investments, don't be too anxious'".
"Okay! What Teacher Liu said is so good!"
"Thank you, Teacher Liu, for your guidance!"
"Listen to Teacher Liu and take a long-term approach to catch the big fish"??
Everyone cheered in unison, praising Liu Shitou as the "Jinchuan Martial Arts God".
"What nonsense!"
Suddenly, a rich and handsome young man in his thirties walked out slowly.