Chapter 673: 9 Great Starfields

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Luo Hua lifted his cup and drank half of it, exclaiming, "Even though I had losses, I was confident and believed in my system. Unknowingly, I had invested all of the 500,000 mixed elements...who'd have known that I was overconfident!"

Luo Feng was shocked as he heard.

500,000 mixed elements!

His younger brother's loss shouldn't be too absurd right!

"Luckily I had never used the guarantee level model, or even the financing for favors lever, I used cash all the way! And because it was my first time entering the market, hence I invested in the Virtual Universe Company and Huge Axe company's top 20% picks, throwing a wide net for safety." Luo Hua said. "If I had simply invested in a single undying organization, I may even get to explore a universe secret region. However, if that organization fell, I would lose everything."

"Ah?"

Luo Feng nodded.

He sort of understood it, this was sort of a shared risk and rewards thing.

"This wide net, also since it's the Virtual Universe Company and Huge Axe Dojo's most exceptional picks, these would never fully fall. Otherwise, the entirety of humanity would be gone." Luo Hua laughed. "This method is very safe. However, I can't get big money from it. After 120 years of investing, the highest returns I got was 2.3%, increasing my entire wealth to 102.3%. The lowest it got to was 91.6%, other than the initial earnings and losing after, the capital hardly ever passed the 98% mark."

"There was a time when I chatted with Hong about the future of earth. It eventually gave me some inspiration about investing." Luo Hua laughed. "From the 122nd year of investment, I began to change my tactics!"

"My initial plan was wrong."

"Because I chose the most exceptional picks and spread a wide net...this was the easiest and safest way. However those that managed to enter this top level market have all almost perfect skills in investment. After all, the skills I've honed over the past 100 years have almost reached its peak too. The bigger issue was...the strategy, thought process, and also the occasional abrupt decisions!" Luo Hua laughed.

Luo Feng rubbed his head, saying softly, "Luo Hua, what you've said is really complex. Whatever you said earlier about picking the exceptional, spreading a wide net, I thought it sounded not bad. However...now it's become a stupid method."

"Not stupid."

"This method is very safe, and as long the timing is right, you'd still earn. Like 5% in an era, that is already not bad." Luo Hua shook his head. "However, I'm different. I haven't even lived for 500 years, I really cannot stand such dead investments that move so little. I can take it for a year or 5 years. However, after 20 to 30 years and I wouldn't be able to take it. Hence I gave up on this path."

"I changed this strategy. Even though it was somewhat radical! However it fits my personality."

Luo Hua smiled at Luo Feng. "The one that suits me is the best, I'm like a fish in water. Over this 100 years, from the initial 96.2% the highest it's gone is 118.1%. Not long ago I just delivered the investment and it's currently at 116.2%, about 581,000 mixed elements!"

From 500,000 to 581,000 mixed elements.

There were many twist and turns in between.

"Luckily the delivery was successful, there was one organization I invested in, as they lost quite a lot in the outer region wars, their price immediately fell 60%. If I didn't cash out, I would have lost over 30,000 mixed elements." Luo Hua exclaimed.

...

Luo Feng held his breath as he heard.

After explaining so much, it was much easier to understand.

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