Future Stamps and Coins Diary

Chapter 14: When I was young

Watching Xu Huiying leave, Lu Feng looked at his empty counter and suddenly felt that he had made a good start.

In the stamp and coin market, each variety has two prices, a buying price and a selling price. For common varieties like this, the difference between the purchase price and the selling price is generally around 10%.

In other words, if Lu Feng sold these 1080 sets to merchants in the market, each set would probably only be sold for around 1100 yuan. Maybe because they are bargain items, the price could be higher, but it would definitely not exceed yuan.

The big players make a profit from the price difference, selling one set for 100 yuan. Sometimes they can sell hundreds of sets in a day, and the number can even reach four digits during peak periods.

This profit alone is enough to maintain the operation of the entire stall.

For retail investors, since there is no terminal opportunity to sell, they can only return to the market to sell in the end. So basically, if they buy, they will lose 10%, and if they sell when the price rises by 10% or 20%, they can only get their money back.

Today's 100 sets seem to be discounted by Lu Feng, but in fact, they are 50 yuan higher than selling them back to merchants in the market.

Don't think that all people in this business make huge profits. This is how life is. Every transaction, whether it's a few hundred, a few dozen, or even a few dollars, must be carefully calculated.

According to the market, the money earned is also hard-earned. After all, big market trends are rare, and it is impossible to grasp them all. Missing out is the norm.

From the content of the diary, Lu Feng knew that the price would continue to rise in the senior year. The current 1200 was not the ceiling at all. It would rise by % almost every day until the end of the year, when it would double.

"I can't take it directly from Jiang Rui anymore. A few dozen dollars is still money." Lu Feng quickly locked the door, found an assembly center nearby, and bought a laptop.

After connecting to the market's unified network, Lu Feng opened Yichen and browsed it quickly.

Soon, he found the sales posts of the seniors. These were not merchants in the market, but individual investors.

This type of retail investors is different from ordinary retail investors. They understand the market conditions and know that they can get a price slightly higher than the market price, but lower than the retail price, by trading through professional websites.

"2100 yuan/set, selling big four-digit ...
"Confirm if 2050 is possible!" Lu Feng replied.

"Add one more hand, 2060." The other party replied very quickly, obviously in a hurry.

The deal was done quickly. After Lu Feng made the call, he found out that the other party was from the same city. He agreed to give him an extra hundred yuan and asked him to come to the market the next morning to settle the transaction.

Three hundred sets of houses costing a little over 600,000 yuan. Lu Feng found himself in financial difficulties again.

However, this time he has an additional channel.

When he came to Yang Yuechao's stall, Lu Feng smiled innocently.

"Boss Yang, we meet again."

Yang Yuechao was annoyed. But since he came to the stall to do business, there was no reason to chase him away. Besides, he was just an agent of the company here, doing business on behalf of the company.

"What? Mr. Lu is short of money so soon?" Yang Yuechao was just teasing.

When Lu Youxin and Lu Feng broke up, he was not the first to be affected, so it was not too embarrassing.

But the next day when he heard that Lu Feng had rented Room 748 upstairs, he secretly laughed for at least half a day, and his big belly seemed to have shrunk a little bit.

"Boss Yang is still very good at foresight. Let's get 100,000 yuan to use for a few days." Lu Feng said with a smile.

"Really want to borrow money!" Yang Yuechao's face suddenly turned ugly.

It was just according to the company's regulations. Since there was a credit line, he had nothing to say. After all, he was just an office worker, and he could make some pocket money if he made a deal.

"What? No?" Lu Feng asked back.

"Can you tell me why you borrow it?" Yang Yuechao asked.

"It would be ugly if there were nothing on the counter. We should at least get some goods in. Good things are expensive..." said Lu Feng.

"You used all your money to buy goods?" Yang Yuechao was a little unconvinced. How could someone be so stupid? This business requires turnover, and cash flow is very important.

"Yes. I bought it for more than 600,000, and I'm just short of 100,000. Don't worry, I'll just lend it to you for a month. If I can't change it by then, I can just sell something to pay it back." Lu Feng promised.

Now that Lu Feng has a stall, if there is spot stock, it should be possible to turn over hundreds of thousands of dollars even without Lu Youxin’s guarantee.

Yang Yuechao didn't laugh and said, "This guy is really crazy. He bought all the goods as soon as he had some money. This is simply courting death."

Tell Lao Lu the good news!

As he said this in his mind, Yang Yuechao patted his stomach and said, "Okay, then it will be one month. I'll pay the interest first as usual!"

Soon, Lu Feng completed all the procedures and raised the money successfully.

At the Youxin Coin counter, Lu Youxin, who had been listless in recent days, had not gone to wash his feet for three consecutive days.

Seeing Yang Yuechao coming over, he still couldn't muster up interest.

"Boss Yang, have some tea."

"Old Lu, I have good news for you."

"What good news can you have? Is there a new girl at W? I'm feeling annoyed recently, so I won't go for now."

"Am I that kind of person? I guarantee that you will feel refreshed after hearing this news. You may even ask me to wash your feet."

"If you have to fart, do it now!" Lu Youxin had no patience.

Yang Yuechao suddenly leaned close to his ear and whispered something.

Lu Youxin jumped up from his chair, eyes wide open: "Are you sure? That kid is so reckless?"

"It's absolutely true. That guy not only threw in the more than 500,000 yuan, but also took 100,000 yuan from our company just now and bought the goods with it."

"Awesome! He's a real talent! I thought he could last a year or two, but I underestimated him." Lu Youcai suddenly became excited, "Boss Yang, give him as much as he wants. I'll collect the debt with you then. I want to see how he commits suicide. He doesn't have any terminal resources, but he just buys all the goods and puts them on the counter. He's giving money to other merchants in the market. He's really a talent!"

"Tell me, is this good news?" Yang Yuechao raised his eyebrows.

"Yes! It has to be!" Lu Youxin was so happy, "Let's go wash your feet tonight, it's my treat, it has to be my treat!"

Lu Feng didn't know that his decision had cost Boss Lu two more 899 packages, and he had completed all the preparations for online banking that evening.

The next morning, the man arrived as expected. To Lu Feng's surprise, he was a young man about his own age.

In this market, apart from practitioners, there are very few young people.

Most of them are not willing to get involved, or prefer the new and trendy things, especially some fancy virtual stuff.

Lu Feng was also addicted to "Magic Baby" for a while, and later he spent all his savings on buying game cards.

"Are you sure it's yours?" Lu Feng looked at the tall and thin boy in front of him, somewhat unbelieving.

This is more than 600,000 yuan. He came here to trade on his own. Could he be stealing things from his elders?
Lu Feng really wanted to do business, but he was also afraid of trouble.

"What? Do you look down on me?" The young man, who was as thin as a bamboo pole, wearing a short T-shirt and a pair of inappropriate AJ1 North Carolina blue shoes, sneered.

"Not really, I'm just afraid it's not your elder..."

Before Lu Feng finished speaking, he had already sneered: "When I was playing with coins, you were probably still wearing open-crotch pants."

(End of this chapter)