Chapter 1082 Prepare to Cash Out
"Brother Ji, the person who informed you is going to cash out Internet technology stocks." Feng Yu called Kirilenko.
"Why so early, didn't you say it will be early next year?" Kirilenko asked in surprise.
"Cashing out now, we can raise funds to speculate in US stock index futures. Although we may not be able to earn a lot, we will not earn less than stocks rising."
Cashing out must be carried out slowly, especially if the stocks of companies such as Microsoft are sold in large quantities, the stock price will inevitably fall, so it needs to be sold slowly.
Feng Yu's plan is to sell all the stocks of Yahoo, Microsoft and other companies for cash in three to five months, and then prepare to short-sell the US stock market.
This year, the U.S. stock market will still be prosperous, but next year, the stock market will inevitably go down all the way. In 2001, after that incident, the global stock market plummeted.
Even now, not everyone is bullish on Internet technology stocks. Buffett, known as the god of stocks, insists on not touching Internet technology stocks. Shiller, another financial expert in the United States, just published a book called "Irrational Exuberance", predicting that the stock market bubble in the United States will burst, and the stock market in the United States will plummet again like it did in 1987.
However, not many people believe in Schiller, or some people believe it, but they believe that they will not be so unlucky, and they want to make more money, and then withdraw when the bubble really happens.
Although many people are clamoring for investment rationality, how many people can really do it? With the outbreak of the Asian financial turmoil in the past two years, more and more financial investors have chosen the US stock market.
In 1997, there were about 3.7 million online stock trading accounts in the United States. Now, it has exceeded 9.5 million and is still increasing. It is expected to exceed 10 million this year. And at this time, the United States claims that every family has two shareholders, stocks, funds, etc., which have penetrated into every American family.
If it weren't for the rapid development of online transactions, perhaps the stock market would not have developed so fast and flourished.
As long as you have a computer with Internet access, you can sit in the living room and drink coffee, and you can know the price of the stock at any time, and even when you trade, you don’t need to take up working time. In addition, the US stock market has indeed developed very well in the past two years. Let more and more people start to pay attention to the US stock market.
At this time, the US stock index has risen to nearly 10,000 points, and it is very likely to break through 10,000 points, or even reach 11,000 points.
In the United States, many people regard stocks as a kind of deposit, which has higher interest rates than banks, and may even double the deposit, and can be cashed out at any time.
After Feng Yu talked with Kirilenko on the phone,
Naturally, he also informed his partner, Fu Jia, that the amount of funds that Fu Jia invested in the US stock market was not small.
They were also a little surprised when they learned that Feng Yu was going to do it in advance. But they also know that Feng Yu has taken a fancy to a company with a market value of nearly 70 billion US dollars at this time. Is this going to buy this company after cashing out?
And Feng Yu directly said that he is ready to sell, if you are not prepared, then don't blame me if you lose money.
Kirilenko was the most straightforward. After receiving Feng Yu's notice, he immediately notified his team of financial brokers that he was going to sell these stocks in the US stock market, cash out a sum of cash, and keep it as a backup.
Kirilenko has a character of saying one thing, although many brokers feel that now is the time to make money, and it is not worthwhile to cash out. If you want to invest, we can cash out at any time.
But since Kirilenko had already made a decision, they could only implement it, but in private, so as not to complain. Some employees secretly said that Kirilenko had hired them, why did he always ask Feng Yu for his opinion when making some important decisions?
That's right, Feng Yu is indeed very powerful, he has earned much more money than them, and his past history is also very brilliant, but there is no one who can't make mistakes, right? Since you hired us, you naturally want to listen to our opinions, right?
If the boss is not willing to listen to your opinion, how can you get promoted and raise your salary? They think so, but also for their own sake.
But they only dared to complain in private. At the beginning, some people who wanted to get ahead took the initiative to object, but they were all fired. Since then, no one has objected to Kirilenko's opinions.
When Feng Yu arranged for He Zhaoji to start trying to sell Microsoft's stock, he received a call from Fu Rongqi.
"Nephew Feng, isn't it too early to sell now? Is it necessary to polish everything?" Fu Rongqi felt that Feng Yu was too extreme. Even if the stock market bubble has shown its signs and may collapse at any time, not all stocks will collapse, right?
"Uncle Fu, what shares do you want to keep? Blue-chip stocks? Don't forget, what I'm selling is Microsoft's stock, which is also a blue-chip stock. If I say that in the next year or two, blue-chip stocks will lead the decline?"
"What? Leading the decline? What do you mean, the decline of blue chip stocks will exceed the decline of the broader market? Do you know any new policies in the United States?"
When this happens, it is most likely due to policy trends.
Clinton supports Internet technology companies, so such companies have been leading the rise in the US stock market. And Clinton's term is coming, and according to the constitution, he cannot be re-elected. The newly elected president will definitely implement new policies, and perhaps this will become a trigger.
In the previous life, the blue chip stocks in the United States played the role of leading the decline. Microsoft, Intel, AT&T, General Motors, HP, Citigroup, Coke, IBM, etc., which one is not quite a world-class big company, which one is not a blue chip stock?
But their declines have all exceeded the market. Many people later said that it was precisely the plunge of these blue-chip stocks that formed a herd effect, making the U.S. stock market fall again and again, and it was difficult to stop.
Buffett once said: "What a smart man does at the beginning, a fool does at the end."
Smart people are those who stand at the top of the food chain, and the fools in his mouth refer to those ordinary investors who follow the trend and are also those who are at the last link of the food chain.
"Uncle Fu, I don't know the policy trends, but this is my analysis. Think about the stock market crisis in the late 1980s, blue chips led the decline, and this time, it will be no exception!"
Fu Rongqi nodded thoughtfully. From this point of view, once there is a bear market, blue chips will definitely not be able to support the market. After all, the stock prices of those blue-chip stocks are too high at this time, and there is simply not so much money to support them.
In the prosperity of the stock market, blue chip stocks have played a leading role, but once the stock market plummets, blue chip stocks are often the ones that lead the decline.
"Okay, I understand. Starting tomorrow, we are also going to cash out!"
... (To be continued.)