The futures market implemented a margin system and had its own leverage.
For this transaction, the Shanghai stock exchange collected a 10% deposit. Li Mingjun was equivalent to using 50,000 yuan to leverage the 500,000 yuan contract, so he could earn so much in one day.
In addition to its own leverage, futures could also be allocated outside the market to increase the leverage ratio. The overall leverage ratio could be as high as 100 times.
High returns meant high risks. It was equivalent to licking blood from the tip of a knife. A single mistake could cost him everything.
Unless it was a one in a million martial arts expert, the average person would never court death and allocate more capital on leverage.
"D * mn, Old Jiang isn't going to allocate funds outside the venue, right?”
If there was an off-market capital allocation and ten times leverage, Jiang Han would probably make a killing this time…
For the first time, Li Mingjun realized that his best friend was no longer the best friend he used to know!
Earning 34.54% in a day was something that ordinary investors might not encounter in their lifetime.
Not to mention adding leverage!
Li Mingjun went online to check the news about cotton.
He realized that cotton prices had skyrocketed as America relaxed its monetary policy.
There was also a piece of domestic news that reported that the cost of picking cotton in Xinjiang had increased this year.
All of this was exactly what Jiang Han had speculated.
After browsing the news on the Internet, Li Mingjun sat by the bed in a daze.
In just a few hours, he had earned 170,000 yuan. Even for a rich second-generation heir like him, it was quite magical!
"Old Jiang, you're too f * cking godly!”
At this moment, his father called.
"Dad, the price of cotton increased. I earned 170,000 yuan!”
On the other side, Li Yuanzheng was also very excited." Xiao Han's judgment is too accurate. I also earned 650,000 yuan."”
"It's hard to believe that earning money is so easy!”
Li Yuanzheng could not help but remind his son when he saw how excited he was."Mingjun, although the price of cotton has risen today, the futures market is changing rapidly. You have to remind Xiaohan.”
"Got it, Dad."
The father and son of the Li family had earned 820,000 yuan in one day because they had listened to Jiang Han's suggestion.
Li Yuanzheng could not help but wonder how he could repay Jiang Han's kindness.
After hanging up, Li Mingjun quickly called Jiang Han and told him the good news.
"Old Jiang, cotton prices have risen by 34.54%! I only earned 170,000 today because of you! My dad also made a fortune.
You're China's Buffett. I'll treat you to a big meal tonight!”
Unexpectedly, Jiang Han's reaction was unusually calm, as if he had predicted it in advance.
"Okay, see you tonight."
After putting down the phone, Li Mingjun was still very excited.
For the first time, he realized that earning money was much more interesting than spending it!
……
At the same time, Jiang Han was standing at the entrance of Fu Dan University when a notification appeared in his mind.
"Congratulations, host. You have earned more than 100 million through the God-level Return on Investment System. The system has been upgraded to level four.”
The system had upgraded!
Jiang Han was a little excited.
At this moment, a line of small words appeared in front of his eyes.
" Shanghai Yangpu University Town: A plot of land with Fudan University, Tongji University, and Shanghai University of Finance and Economics as the core. It gathers many universities and famous high schools. Return on investment: 263.7%。Duration of investment: 21 days."
Jiang Han noticed that there was a small triangle behind this line of small words.
He opened the triangle and saw a sentence.
"In 10 days, a plot of land will be auctioned by the Shanghai government. This plot of land is 120 acres, and it happens to be in the core area of the university town. It's also where Shanghai's newly planned subway line 9 passes by.”(Parallel world, slightly different from reality)
Jiang Han immediately understood. After the system was upgraded, not only could it predict longer investment periods, but it also increased the details.
After he sold the cotton in a few days, he would be able to recover his funds and make it to the auction.
Although cotton prices would continue to rise slightly after a week, it was still a little low compared to this piece of land.
Moreover, he was going to start an industry in the future. If he took over this land, he could also make some connections in Shanghai, which would be beneficial to his future career development.
However, not everyone was qualified to participate in the auction of land.
Without hesitation, Jiang Han dialed Su Qingyi's number.
……
On the other side, Su Qingyi was studying for IELTS in the dormitory.
Lian Yulan, who was Su Qingyi's best friend and roommate, covered Su Qingyi's Ielts book and said with a smile,""Qingyi, are you hiding something from me?”
Su Qingyi was stunned for a moment before she continued reading.
"Stop fooling around. I'm studying."
Unexpectedly, Lian Yulan closed the book and raised her eyebrows meaningfully.
"Why did I hear that you fell in love with a freshman at first sight and even wanted to warm his bed? You didn't even tell me about such an important matter. That's not enough.”
Lian Yulan was Su Qingyi's best friend in school and the vice president of the student council.
She had something to do at home, so she didn't participate in the student union's recruitment event. However, she heard the explosive news from her classmates as soon as she returned to school.
Su Qingyi was already in her fourth year of university, but she was still not close to men. This made her best friend a little worried for her.
Even though Su Qingyi was very outstanding and was a great beauty, she was like a block of wood when it came to relationships. She had no experience.
Most importantly, she had never fallen for anyone.
Today, when she heard that Su Qingyi was with a handsome man at the student union recruitment event…How could she not be excited?
"Pfft…"
Hearing Lian Yulan's words, Su Qingyi almost spat out the water in her mouth.
Her face was red, and she was a little angry.
"Who said I was going to warm his bed?"
This book comes from：m.funovel.com。