Chapter 125: Plan: The Glory of Wall Street Part 2(1/2)
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United States, New York
This American metropolis, founded in 1624, was bustling with traffic and densely populated with high-rise buildings even in 1929. In the bustling city, people in suits and leather shoes can be seen hurriedly coming and going everywhere. Although the high-paced life is very stressful, everyone has a sense of responsibility.
Life is full of hope.
The streets are filled with the sound of car horns. In New York in the early morning, the sound of horns is already unbearable. If you look around, you will see that a street is often crowded with cars, and the drivers keep honking their horns. There are bloated and outdated models.
Even if the car has been driven for more than ten years, the owner still has no money
To replace it. There are also rich people driving the latest cars, which are said to be Chinese cars produced in Oriental Hong Kong. But many Americans don’t understand why the American businessman chose such an Oriental car name, but the car is really
Not bad, but it’s a pity that ordinary people can’t afford it.
At least on the streets, Chinese cars have become a symbol of wealth. The car factory is like a spoof. Even the sound of the car horn is louder than other no-name cars.[
The ancient Wall Street, an old street established since the Anglo-Dutch period, is now the largest securities center in the United States, where the famous New York Stock Exchange is located.
Even though it is still early in the morning, there are already many well-dressed securities traders carrying leather bags and hurriedly walking into this paradise of wealth and dreams.
"Kenneth, I still have a quarter of an hour, the stock market is about to start."
Opposite Wall Street, there is a cafe with an elegant environment, specially provided for the consumption of the middle and upper class people on Wall Street. There are few customers at this time, but there are an old man, a middle schooler and two Americans sitting by the door, watching the rush outside and drinking breakfast.
coffee.
An older American with messy hair and no tie. He wears a large suit lined with clothes that have been washed and turned white at the collar. If he were in another place, others would definitely think that he is an old man in front of him.
He is either a bankrupt or a city sanitation worker. However, it is quite the opposite.
"My dear uncle, compared to them, you are already a rich man. Haven't you noticed?" Kenneth slowly sipped coffee and came to New York from San Francisco. In addition to the boss's big business, this uncle,
It's a private matter.
Old John is an old worker who originally lived in the western United States. At that time, Kenneth borrowed the money for business from Old John. As a stubborn old man, Old John always believed that Kenneth in his family was a capable person.
A great guy who does great things. So, when
When Kenneth went to China to pan for gold, he even mortgaged his own house to raise money for Kenneth. And the unlucky Kenneth almost lost Old John's retirement home. If it weren't for Zhang Shusheng,
Old John's family lived in the slums ten years ago.
After he retired from General Motors, he went fishing and mowing the lawn at his home in the West. Like most old Americans, he counted on his fingers how much pension money he had and where he planned to go.
Until one day, when Kenneth, a nephew who had not heard from him for two or three years, came back, John's life completely changed. Not only did his nephew give him a check worth 10 times the amount of the debt he owed that year, he also gave him the money.
John's house was redeemed from the bank.
From his own nephew, Old John knew that he opened a small company in San Francisco and became an excellent trader. Old John, who was greatly relieved, saw that his most valued nephew had a successful career, so he turned his mind to
Other things, such as how to spend this huge sum of money. After buying everything the women and children at home wanted, he finally found a way to spend the money.
Old John, who had money in his pocket but felt uncomfortable all over, bought shares of his old employer, General Electric Company, on the stock exchange. As a result, in the past ten years, Old John's wealth had grown faster than his blood pressure, and
Compared with this nephew's identity as a "small trader in San Francisco," John Sr. is more like a successful businessman. He has a dedicated driver when he comes in and out, and the car he drives is the most luxurious version of the Chinese brand luxury car.
This old rich man who was on the millionaire list in his sixtieth year even appeared in local gossip tabloids many times and became the envy of many old men and women. What is even more amazing is that under this "old stock market veteran in the western part of the country,"
Under the leadership of "General", many American old men and women of the same age as him made money in the stock market. Unknowingly, Old John became a famous local stock market hero.
"Oh, Kenneth, look at your car, it's the cheapest Zhonghua brand car. When I get back, I'll ask my agent to help you contact Dodge and ask them to send you the latest version of the Zhonghua car.
"Old John knew very well what his nephew was going to say. Ever since he knew that he
After he started trading in the stock market, he was very opposed to it and wrote repeatedly asking him to sell his stocks. However, he had already made wealth that was the envy of most old men, so how could he be willing to sell it. "If you are short of money, wait for me
If the stock rises a little further, it won't be a problem for one hundred thousand dollars."
He has always loved this nephew, even more than his own son, with strange thoughts.
"Uncle n, n, what I mean is that since we are already rich, we should no longer take risks. The risk of the stock market is too great. You know what I mean. Look at your general stock, it has risen to
A frightening height. If we don’t sell it..." Even the closest uncle would not tell Kenneth if he beat him to death. His boss is already taking action. The Oriental Superman is always right. At least, he has some
The uncle who is showing signs of Alzheimer's disease is definitely not as wise as him.
"Kenneth, you really disappoint me. Even the famous Mr. Keynes and Mr. Hall believe that the stock market will continue to rise. You actually think that there will be a problem with my stock. You are treating an "excellent" stock market
Speculators' doubts." Old John was a little unhappy and scooped sugar into the coffee cup randomly, "Kenneth, you have to know
Tao, when I sold my GM stock, our family all strived to become one of the richest people in the United States. This number is very scary. It is richer than the George family that you envied when you were a child. All they had was a shabby room.
Auto repair shop, and our money will be enough to buy a car company. I am confident that it will continue to rise."
Kenneth was a little discouraged. Li Chunyang was right. It was all because he gave his uncle too much money at once, which led to the tragedy that is difficult to stop today. An old man who is addicted to stocks, an old man who may be about to go bankrupt, himself
What can be done to save him?
"Actually, uncle, I need some money..."
"Money? Oh, Kenneth, you may not know that in my will, you will inherit more than 80% of the wealth. Even if the damn inheritance tax is deducted, you will still get a very considerable sum of money." Old John had already said
In the will he made, he left 80% of his after-tax wealth to his nephew who was no longer around, leaving only 20% to his wife and son.[
"No, no, uncle, actually you misunderstood me." Today, Kenneth was wearing ordinary rags and driving a Chinese car from Dodge Company. Old John felt a little sour at the sight of it, thinking that his nephew
Too bad. "Actually, my company is facing a huge funding gap. If it doesn't get an emergency loan, the company will go bankrupt next month. Uncle, you know, I actually don't want to talk to you, but,
In this world, I can only ask you for help. Those damn banks, they are only willing to lend money to the stock market, but they are not willing to lend it to me..."
Seeing Kenneth's pitiful loser look, Old John frowned tightly and didn't speak for a long time. It wasn't until the opening bell of the New York Stock Exchange rang that he woke up from his trance.
"Kenneth, my dear nephew, you should know that if you don't take the gamble again, I will not be willing to die." Old John drank the last sip of coffee and stared at his desperate nephew.
Kenneth sighed to himself, it was over, it seemed that his uncle could not escape the fate of bankruptcy. Perhaps, he should tell him in advance that he was not short of money, and was even one of the rare rich people, but all this was contrary to the boss's business
.
Is it really like what Li Chunyang told himself, the old Chinese saying that it is difficult to have both loyalty and filial piety?
Judging from his uncle's attitude, even if he swears that there will be a big problem in the stock market, he won't believe it. He is so similar to himself. One used his uncle's house mortgage to go gold mining in China, and the other used the money returned by his nephew.
Even when stock trading is on the eve of a big crisis, they are unwilling to give up.
"But..." Old John tidied up his messy hair. His mind was full of stocks all day long, and he even ignored the issue of clothing and hygiene. He picked up the old suit and looked back.
Looking at his poor nephew, "I can sell half of the stocks, Kenneth, and you will be the best."
"Thank you, uncle."
Kenneth, who has reached middle age, felt choked up. Li Chunyang usually scolded himself for being heartless and for not understanding the family affection and loyalty and filial piety that Chinese people admire. But today, he felt it firsthand, uncle, true love.
Own.
new york slums
A young man was walking out of a low house, followed by a beautiful girl. The two were very intimate, like a man and woman about to get married.
"Billy."
"Vivian."
Two young men and women kissed passionately in front of a dirty and chaotic slum. After a long time, the beautiful blonde girl let go of Billy and packed his suit, because he was about to go to a place full of hope.
:stock exchange.
"Vivian, believe me, as long as the stocks rise a little bit more today, I will sell them all, and then we can buy a better house with a small garden and lawn, so that you can take care of them quietly.
, live the life you have envied for a long time." Billy said with confidence. The stocks were rising every day. Every time he made a move, it was too late. This time, he sold Vivian's dowry and his ancestral inheritance.
I finally collected some money for an oil painting, and today, I will sell this stock that has risen very high depending on the situation."
"Well, I'll wait for you to come back. We will definitely live a good life."
"Well, believe me, after I sell the stock, we will buy a house in installments first, and then a car. Oh, it's best to be a Zhonghua brand car. Haha, let my Vivian also ride in the most beautiful car.
.”
——Similar situations are happening in many places. Some are old people sending their children out, some are women sending their husbands out, and some are the whole family acting together, not for anything else, just for the stock that is rising day by day. Everyone is looking forward to the man.
Go out happily and bring home the news that the stock price has risen again. In this way, your family's wealth will increase a lot.
Many housewives are calculating how much property they had yesterday and how much they have today. If they have more property, they will think that maybe they should buy something in installments again, or pay in full to buy some home appliances.
I heard that there is a Rainbow brand color TV that is very good, maybe you should buy one. Some people also heard that there is an imported Haier washing machine that is good. It is better than the one produced in the United States, has many functions, and is powerful. These
I don’t know where the imported goods are produced. I heard they are from Hong Kong. The quality is really good, but they don’t accept installment payments. This makes many Americans feel frustrated.
October 1, 1929, New York Stock Exchange
As usual, the securities managers were well-dressed and in high spirits. On the contrary, most of the stock traders were unkempt. The so-called American gentlemen looked very shabby at this time. The only people who could come to the exchange were the big investors.
, everyone is talking about one thing: how high the stock will rise today.
In the trading hall, Keynes's seat was very conspicuous, and next to him sat a rugged man with a big belly. He was covered in jewels, a thick gold necklace, and a dazzling diamond ring. Obviously, his rough appearance could not hide his wealth.
After a big capitalist who once owned a mine sold his mine, he went to the New York Stock Exchange and bought the seat next to Keynes for a sky-high price of $6.25 million.[
As a free trade theorist, Keynes was very popular with the upstart former mine owner. The on-site consulting fee paid to him every month was a large amount. Correspondingly, the fate of the two was similar.
The stocks were soaring all the way, rising several times, and even Keynes became a millionaire.
To be continued...