"If converted to RMB, this 82 million USD is 549.4 million!”
After Reba asked the question, Yang Mi used the computer to calculate.
After multiplying it by the exchange rate of 6.7, Yang Mi got a date that made him even more frightened.
Oh my god!
How long had it been?
Qin Feng earned 549.4 million!
Wasn't the speed of earning money too fast?
If I had this kind of earning speed, I wouldn't have needed to look at Shangshi Pictures in the first place.
There was no need to sign a gambling agreement with them for an investment of 300 million yuan.
What a mistake!
If only he had known Qin Feng earlier.
In this way, she did not have to rush to establish Jiaxing Media.
At that time, how good would it be if Qin Feng invested in her Jiaxing Media?
She didn't need to bear so much pressure.
" My goodness!!!"
"549.4 million."
"How much is this?"
"Qin Feng, after we get this money, won't we be able to buy a house in Imperial City and Shanghai?”
After Reba heard this, she was also extremely shocked.
His first thought was that he had the money to buy two houses.
Moreover, it could be paid in full.
"Something's not right!"
"Qin Feng, I remember that you only have 220 million in your hands, right?”
"Converted to USD, it's only 32.8 million USD.”
"You said you borrowed 10.25 million tons of corn.”
"According to 160 USD per ton.”
"That's 1.64 billion USD.”
"You only have 32.8 million USD. How did you borrow 1.6 billion USD worth of corn bonds?”
But soon, Yang Mi reacted.
He asked Qin Feng with an astonished expression.
This was what puzzled her.
"Sister Mi, in the stock market and futures market, there is something called leverage.”
"As long as you activate the leverage, you can increase your capital greatly.”
"What I activated was a 50-fold lever.”
"Therefore, with a 50-fold increase, my 32.8 million USD has a purchasing power of 1.64 billion USD.”
"If I go long, I can buy 1.64 billion dollars worth of corn from the security company.”
"Short, I can borrow 1.64 billion dollars worth of corn from a security company.”
"The 32.8 million USD is the deposit.”
"Whether it's short or long!”
"If you lose money on the futures you buy, you have to look at this margin.”
"Once your deposit is not enough, which means that your loss exceeds 32.8 million USD, the company can force you to clear your position.”
"In other words, once your loss exceeds 32.8 million USD.”
"Then, your investment will be a complete failure.”
"I can't get a single cent back."
Qin Feng once again explained.
He explained the principle of leverage to Yang Mi and Reba.
This knowledge was actually the simplest knowledge for a stock trader.
Only those who didn't invest in the stock market wouldn't know.
"550 times leverage!"
"Oh my god, this is too exaggerated.”
"Also, according to what you're saying, if the price of corn doesn't fall, it will rise instead.”
"Even if it goes from 160 USD to 163 USD, your 3280 USD will be wiped out?”
"You can't get a single cent back?"
After Yang Mi heard this, he immediately asked in fear.
"Yes!"
Qin Feng nodded solemnly.
Reaching Qin Feng's affirmation, Yang Mi only felt a burst of dizziness.
Was this the futures market?
The risk was indeed ridiculously high!
A mere fluctuation of three USD could wipe out 32.8 million USD.
As expected, the futures market was not something that ordinary people could afford.
He did not have the heart or the courage of a countryman.
They didn't dare to step in.
To be honest, Yang Mi felt that his courage was quite big.
Otherwise, he wouldn't have signed a gambling agreement with the previous world.
But now Yang Mi discovered that his courage was comparable to Qin Feng.
That was really insignificant.
Look at them. In just a few days, they had won hundreds of millions.
It was much more exciting than her gambling agreement.
"Fortunately, the price of corn has fallen.”
"Otherwise, we'll be poor.”
Reba, who was at the side, also reacted at this time.
He patted his chest with lingering fear.
At this moment, she finally understood how risky the futures market was.
"Alright, you two don't have to worry.”
"With me around, nothing will happen.”
"Believe me, we can definitely make a lot of money this time.”
"What's 500 million?"
"This is just the beginning."
"According to my estimation, the price of corn in the country will continue to fall.”
"At the very least, it will drop by another 8 to 10 dollars.”
"At that time, our funds will exceed 1 billion.”
Seeing the lingering fear in the two of them, Qin Feng decided to reveal more information.
She wanted to surprise them.
"Can it still drop by 8 to 10 dollars?”
"Qin Feng, are you so sure?"
When Yang Mi heard this, her eyes lit up.
She was no longer the ignorant little white from before.
At the very least, he knew that if the price dropped by another 8 dollars.
Qin Feng would receive another 549.4 million in profits.
In total, it was close to 1.1 billion in profits.
At that time, according to the ratio, she could also get 200 to 300 million.
Thinking of this, Yang Mi's heart suddenly became somewhat excited.
The stock market is so profitable, why would I still film?
She might as well hug Qin Feng's thigh and follow him.
Filming was tiring.
Not only did he work himself to death every day, but he also did not earn much money.
As for following Qin Feng to speculate in stocks?
Not only could he easily earn a few hundred million, but he also did not have to work himself to death.
With such a comparison, Yang Mi suddenly felt that his idea was really not bad.
Compared to acting and becoming a star, wasn't it better to be a capitalist?
Moreover, who said that after becoming a capitalist, he couldn't act?
"I am certain of this.”
"However, I don't know how much it will drop.”
"In short, I can conclude that the international price of corn can drop by at least 8 dollars.”
Qin Feng said with certainty.
He would not tell Yang Mi the actual number.
However, it was still possible to give a rough figure.
The international price of corn would drop from 160 USD per ton to 136 USD per ton.
It dropped by 24 dollars.
Qin Feng said that the price could drop by 8 dollars, which was already a conservative estimate.
It could be said that he had said less than half of it.
The real situation was that it could still drop by 16 dollars!
"Hehe."
"With your words, I can rest assured.”
"Tsk tsk, I didn't expect that there would be a day when I could earn money so quickly.”
"If Tang Yan knew about this, I'm afraid she would be so envious.”
Yang Mi said happily.
She suddenly realized that Reba was the best gift that God had given her.
If it wasn't for her, he wouldn't have known Qin Feng.
If he didn't know Qin Feng, he wouldn't have gotten such an easy opportunity to earn money.
Tsk tsk, as expected, I'm a woman blessed by the heavens!
.........................
The third chapter!
The tickets!
This book is provided by FunNovel Novel Book | Fan Fiction Novel [Beautiful Free Novel Book]