Chapter 129: The stock market has risks

The rewards from this task made Qin Tian wealthy all of a sudden.

First, there were the System Points.

After redeeming the Cooking Experience Pack earlier, he had only a little over a hundred left; now, he had another 2,111 points.

According to the exchange rate between System Points and money, this was equivalent to 200,000.

Of course, the more precious item was the opportunity to redeem any item from the Treasure Pavilion.

After opening the System Treasure Pavilion page, Qin Tian didn't hesitate much and directly redeemed the Stock Trading Experience Pack, which was worth 2,888 System Points.

This was one of the most valuable items currently in the Treasure Pavilion, and it was very useful to him.

After the experience pack was successfully redeemed, his stock trading skill, which was originally at level 3 on his system skill bar, was directly upgraded to level 5.

Subsequently, Qin Tian converted another 1,111 System Points into Soul Retention Time, which was about 46 days.

Added to the ten-plus days remaining from before, he wouldn't need to worry about this matter for the next two months.

Qin Tian left the remaining one thousand points untouched for the time being.

After returning home for lunch at noon, Qin Tian told a little lie, telling his mother he was going back to school for a nap, but he went straight to one of the only two securities companies in Yucheng with his ID card and bank card to open a stock investment account.

He had already passed his eighteenth birthday, so opening an account was no problem.

Plus, with his experience from his previous life, he got it all set up very quickly.

After leaving the securities company, Qin Tian went to a bank across the street and transferred the promised 300,000 to Zhao Mingyuan's account.

Qin Tian had considered using all these funds to invest in stocks, but after thinking about it, he dismissed the idea.

There were two reasons for this.

First, it was something they had already agreed upon; if he went back on his word, even if Zhao Mingyuan were willing to give him more time to raise the funds, there would be more or less some resentment in his heart.

Additionally, the stock market has risks, and one must be cautious when entering the industry.

Even with his stock trading skill upgraded to level 5, Qin Tian didn't dare to say that investing this capital into the stock market would definitely guarantee a profit without a loss.

Judging from the fact that his clothing design skill was also level 5, in the system's judgment, level 5 was already at a professional level.

However, the stock industry was different; both skill and luck were very important.

As a reborn person, he did have the advantage of foresight, but he still didn't dare to say he had absolute certainty.

After walking out of the bank, Qin Tian walked toward the school and took out his phone to call Zhao Mingyuan.

After waiting for a while, the call was answered.

There was a harsh noise coming from the other end, as if they were doing renovations.

"Hello, Brother Qin."

Zhao Mingyuan's deep voice came through.

"Brother Zhao, are you still busy? Have you had lunch yet?"

Qin Tian smiled and exchanged pleasantries.

"Yeah, I'm at the renovation site. I'm about to finish up and take the workers out to eat!"

"Thank you for your hard work."

"What kind of hard work is this? I don't have to do the labor, just watch. Anyway, why are you calling today? Is there something up?"

"Nothing much, just that 300,000 we talked about earlier—I just transferred it to you. When you have a moment, check if it arrived. I'll get the remaining 700,000 as soon as possible."

"Alright, I'll check in a bit. Brother Qin, you're something else; you really managed to raise such a large sum of money."

Zhao Mingyuan's tone was clearly surprised.

Having been in business for so many years, he certainly understood the "delay tactic" in the business world.

Even when he opened his internet cafe, he would delay payments for goods whenever he could.

He had already prepared himself to give Qin Tian more time, and if it really didn't work out, he would just find another partner.

He hadn't expected Qin Tian to actually scrape together 300,000 in just one month.

300,000 wasn't much to him, but Qin Tian was just a seventeen or eighteen-year-old high school student!

Of course, in his view, this young man was indeed very extraordinary.

Zhao Mingyuan was indeed curious about how Qin Tian got this money, but he didn't ask.

Qin Tian didn't go out of his way to explain either, changing the subject to talk about the progress of the internet cafe cooperation.

The three internet cafes planned to open simultaneously were already under renovation, with locations selected in the most prosperous pedestrian streets and commercial districts of Jiangcheng.

After selecting each location, Zhao Mingyuan had called Qin Tian to ask if he wanted to go to Jiangcheng to see the site in person.

But Qin Tian had declined, citing that his studies were too busy, and expressed that he absolutely trusted his judgment regarding the site selection.

Zhao Mingyuan didn't force him, but he did send him some photos and videos.

After looking at them, Qin Tian expressed that he was very satisfied.

"Anyway, the renovations for all three shops will definitely be finished before your college entrance exam. When you're done with the exam, we'll meet up, check the almanac for an auspicious day, and we can open for business."

"Sounds good. After the exam, I'll go to Jiangcheng and treat you to a meal, Brother Zhao. I've been a hands-off boss and left everything to you; I'd feel bad if I didn't show some appreciation."

"Hahaha..."

Zhao Mingyuan's hearty laughter came from the other side.

"Alright, then I'll be waiting for that big meal. By then you'll have graduated, and we'll have a good drink."

"You got it, no problem!"

"I won't keep you then."

"Alright, alright, you go ahead and get busy, hanging up now!"

"Mhm!"

Subsequently, Zhao Mingyuan hung up the phone first.

Qin Tian put his phone back in his pocket and stretched his arms comfortably.

Excluding the 300,000 for Zhao Mingyuan, he also transferred 100,000 in funds to his stock investment account, preparing to test the waters first.

Most of this 100,000 was the first dividend from the boosting shop he partnered with Xu Hao on, and a small portion was the fee for playing games with Wang Hao.

Qin Tian had mentioned that since they were already friends, there was no need for this money.

But Wang Hao insisted that business is business, and he wasn't short on money anyway.

After these two transfers totaling 400,000 were made, Qin Tian only had a little over 40,000 left in his bank card.

Qin Tian calculated in his mind.

There was still the 700,000 for the internet cafe cooperation with Zhao Mingyuan, and the capital needed to open a clothing store for his mother.

His mother had some savings, but definitely not much, so he needed to prepare some as well.

Raising his hand to rub his brow, Qin Tian gave a helpless, bitter smile.

"Still short on money!"

Over the next few days, Qin Tian didn't rush into the stock market.

Whenever he had time, he would go online via his phone and computer to study the current stock market trends and some financial news.

It was true that he had the advantage of foresight; he knew the main trends of the market.

But he was pursuing short-term trading; otherwise, he could have just bought into Moutai, Tencent, Alibaba, and the like, and left them there for a few years to get rich.

Therefore, specifically which stocks could rise in the short term and have a relatively large increase required steady, careful consideration.

Having been a "leek" (retail investor) for many years in his previous life, he had lost some money, but it also taught him some lessons.

The biggest taboo in stock investment is blind impulsiveness; one must be able to stay steady.

After researching for several days, Qin Tian finally entered the market, using the 100,000 in his account to go all-in on several stocks he had his eye on.