American Fortune Life
Chapter 144 Financial Little White Needs to Borrow
Andy had also been in contact with the stock market in the Heavenly Dynasty in his previous life. To be honest, he was basically destined to be slaughtered, and the scattered family was stupid. It was very common for the stock market in the Heavenly Dynasty.
Andy has an intuitive understanding of the American Emperor's stock market today, as Budstone explains.
The Federal Reserve, worried about market inflation, has maintained a loose monetary policy, which has led to a sustained upturn in the United States stock market, which, according to Badstone's assumptions, is expected to break the 12,000 mark during the year.
Andy also learned that Apple's stock increases were not the best in the U.S. stock market, and many of them were incredible. Of course, Andy had nothing to regret about that, after all, he was a transcender, and what he knew, even in the financial profession, was that these indigenous people would never be able to understand, and he had a pair of eyes that could see the future.
Cough, a little too much. To be honest, Budstone's analysis was heartbreaking, but according to Andy's intentions, he didn't change the way he held Apple stock until the subprime crisis started.
After all, Budstone is only analyzing the assumptions that financial markets are unpredictable every day and no one can guarantee a steady profit. Andy decided to sell Apple shares first and take a spin on crude oil futures because he really didn't feel the money was spending enough, even if he needed to take a little risk.
Andy also had a deeper understanding of Budstone's talent because of Budstone's analysis of Apple stock trends, and because of Budstone's reminder a while back, he remembered the previous Silicon Valley Chinese post.
“Now, boss, your Apple stock is only halfway sold. In order not to cause huge fluctuations in stock prices, we can only proceed carefully and slowly, and the funds will be sold for another three days before entering the account. It will take a few more days for all the funds to be in place, and then we will use the funds leverage directly to enter the crude oil futures market for a spin. ”
Andy nodded in favor of Budstone's suggestion, and reason told him that professional things still had to be trusted by professional people, two hours of explanations, just to get him out of his financial white hat, as to what he was familiar with or jing through, that was bullshit, even if he was a genius, he couldn't have learned his major for years in a matter of hours.
Andy is tired of tightening the day, and even though he will still repurchase Apple stock after all this crude oil futures profits, he will pledge Apple stock to the bank and then grab a bite before Microsoft enters the main Facebook board.
Spending tens of millions now, Xiao Mazi will bring him billions of profits in the future, it is a good deal of ten thousand profit, which must not be missed. Of course, for the maximum benefit, it is necessary to be a porter again, and come up with some small features of future life of Facebook to ignore Xiao Mazi. Not only can you exchange shares, maybe you can mix up with Facebook company for half a job, at least Xiao Mazi will not be used as a setup cash machine.
When it comes to borrowing money from banks, you can't help but add such a quality customer to the bank, when rising Apple shares again will make the bank think of Andy as a big gold owner.
After all, most wealthy people owe money to banks, because most of the money is either invested in projects or cannot afford to come out in the stock market, and all borrowing money from banks is undoubtedly the best way.
What Andy doesn't know is that there are a lot of wealthy people who don't get down on their debts, or who borrow tens of millions of dollars from a bank because of their good assets, even without any collateral, and just need to sign a few paperwork to get the money.
Americans are known for their borrowing and spending. Overdraft credit cards are the norm for Americans. Andy understands that many families in Americas can't even get $1,000 in cash. Well, that's a little implicit, that deposits are negative, and they depend on banks to borrow their lives.
That is why, after the subprime mortgage crisis, so many Americans would be homeless, so many would declare bankruptcy, and it would be inconceivable to cry at all, but fortunately receive relief and free food.
It's a bit far-fetched, Andy used to be very involved, and this is a collision between two consumer ideas, of course, now he doesn't really care, going into the country is customary, everyone spends the bank's money anyway, and the bank is happy to borrow it, so why would Andy hesitate, so that he can have more money to finish some layouts early.
During the afternoon, in the office of the investment firm, Andy studied and studied with a large amount of financial fundamentals, although a little boring, he carefully remembered and studied the cases mentioned in some books in depth.
He doesn't need to know how jing the financial profession is. He doesn't need to learn this knowledge to go to the financial market himself. He is the boss, just let his people help him make money. Mainly he doesn't want to know anything, just rely on other people. After all, in this money society, people's hearts and minds are the least reliable. Wall Street plays a scene every day. He can't guarantee that his subordinates won't be deceived because of his little white.
Until after work, Andy stopped studying because he was a little bored, and then he went straight into the superdivine state, remembered the contents of the book, and then looked back at the cases based on the knowledge in his memory, which was much simpler.
On the way home, Andy thought of his father, Auston, with a bitter smile on his face. Perhaps he was already at home waiting for himself to go home. He was not too worried about the possibility of scolding, but most afraid that Auston had lost his motivation and ambition to move forward.
Sure enough, Andy's mother Li Wanqing opened the door, her face didn't look very good, a little complained about a few fingers on her son's forehead, and there was a noose in the direction of the living room.
When Andy changed his shoes, he went straight to the living room and saw Auston's face waiting for him, and he had to make a chill, how much resentment would it take for Andy to create the illusion of a black cloud crushing him.
Andy couldn't help but go through the details and come up with the same approach and analysis that Old Smith told him, hoping to get Auston back on his feet.
Auston didn't blame Andy for what he meant. Rationally, this sort of thing couldn't hold down. Even if his son's Observer chose not to report, the ensuing newspapers and media would make the elephants worse off. Now, at least there's time to prepare, especially their families, which can be said to be definitely helping Old Smith gain more power and fame.
As for Auston himself, he had no choice but to consider himself unlucky and choose the wrong time to enter politics.
“Dad, don't worry, I've got Pete ready for your interview, and in order to reduce the impact of Tom on your election, they're going to focus on the conscious comparison between you two, and the public will feel like you're more than a hundred times stronger than these corrupt politicians who make readers very sick. ”
Andy's words did not make Auston feel much comfort, after all Old Smith had told him that he was sure that the elephant would completely lose to the donkeys in the midterm election of a small year. Losing the majority of seats in the House of Representatives and becoming a minority will undoubtedly cause many elephants to lose their minds and their sons to be jealous by many.
Auston didn't say anything, he just shook his head and laughed, "I hope there's no mess! ”
At dinner, Li Wanqing also asked about it, and Andy could only answer honestly, making the atmosphere over this dinner a little depressing.
After dinner, Andy ran back to his bedroom, lying in bed and making a phone call with Ivana in San Francisco. Of course, Tom was still secretive about this, but in a matter of days it would detonate. Until then, however, no one else could know, after all, that this was a little unusual, and in the unlikely event of a leak, old Smith's layout and Andy's hopes that this would make him profitable would be thoroughly soaked.
It is not a question of trust and mistrust, but the education of heaven and dynasty reminds Andy of an old saying: "Kings do not lose their kingdom, their subjects do not lose their body, and everything is harmful. ”