The origin of the star lotus world
Chapter 2601
Chapter 2601 (4)
Chapter 2407 (4)
If you buy that large gold ring during the Year of the Snake, and sell it when the gold price is high, around 1,200 yuan per gram, you can make a net profit of 10,000 yuan in less than a year. This is true, but you have to cash out when the price is high and don't hesitate, or you might miss a good opportunity.
The price of precious metals in the mortal world has not continued to rise. Instead, it has dropped from its peak to around one thousand per gram, which is much lower than the peak price.
If I had taken the same amount of money and gone to a bank or a professional place to buy investment gold bars, I could have gotten more weight. Investment gold bars are much cheaper per gram than jewelry gold, so I could have made more money. Therefore, stopping me from buying them was too conservative; I lacked the courage to invest more money and missed a pretty good investment opportunity. But I don't regret it, because some gold jewelry might not be recycled and I might keep it.
I said, VIP Huazhu, you're right. If you buy more gold when the price is relatively low, and then sell it when the price is high, you can make money. Many people have successfully profited this way.
Hua Zhu stood up, bowed to the host, then stood up straight before speaking, saying that what she was thinking was something other distinguished guests could also think of, so it was nothing unusual.
She said that the lady from the author's family in the mortal world was quite perceptive about money and had already foreseen that the price of precious metals was about to surge, so she wanted to buy some. However, it was only an investment of ten or twenty thousand yuan, with limited potential profits.
I gestured for our esteemed guest, Huazhu, to return to her seat. After she was seated, I continued speaking, mentioning the family of the author of "Fanchen World" (a popular online novel). I explained that there was a reason she could be such a successful businesswoman, a self-employed individual. Back in the 1990s, she had built up a fortune of several clothing stores through her own hard work, amassing millions in cash and employing numerous relatives, thus improving her family's material life. She was very shrewd in business, having experienced much and accumulated considerable commercial experience. However, she was later deceived into investing, resulting in failed stock market investments. After years of depression, she worked for a conglomerate, serving as the manager of its overseas branch until her contract ended. Later, she partnered with international partners in purchasing business, never giving up on her dreams and remaining quite hardworking. Now, in her later years, she enjoys a comfortable life, a result of her diligent efforts.
During the Year of the Horse, the author repeatedly urged family members to buy pure gold jewelry, saying that prices might rise further in the future. However, the family resolutely refused to buy anything, only purchasing a small piece of gold jewelry before the Lunar New Year. They complained that the price per gram of gold for jewelry had risen to over 1600 yuan, plus additional crafting fees—what kind of investment was this, and how could it be profitable? They thought that if prices fell in the future, they would consider buying small investment gold bars, spending less money, which they considered acceptable. Back then, many older women bought investment gold bars, intending to wait ten or twenty years for prices to gradually rise before selling them. Unlike gold jewelry, which has a relatively high selling price and considerable crafting fees.
In the long run, investing in precious metals is a relatively stable form of investment, although it may take many years to see significant appreciation.
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