PS: Thank you very much!

At nightfall, Andrew returned to London after a month away from home. When a family gathers, it is inevitable that there will be a short chatter among parents.

Her mother, Ruth, talked about her participation in a community medical charity event in East London last month. Andrew was also as well-behaved as he was when he was a child, sitting next to his mother Ruth and listening to his mother's narration quietly.

A murky River Thames divides London into north and south, with the South and the North rich, the East and the West rich in the traditional sense.

Perhaps the Germans are to blame for this, when London was bombed in World War II, the East End of London was the hardest hit area, everything was in ruins, and it seemed to be abandoned. London's East End is like a shadow cast by the former "capital of the empire on which the sun never sets" as the sun sets.

Stratford is one such place: north-east of London, one-third the size of Manhattan, where pigments and chemicals were once produced, and where the population was diverse and mostly poor.

The mayor also admits that it is the second poorest region in the UK, with average life expectancy years less than in the nearby centre of London. Here, you can barely hear the Queen's aristocratic English, and this corner of the city and the poor people who live here seem to be forgotten by the world.

For these reasons, some people call it "a ghost place that you don't even look at when you pass by".

Because of this, the living environment here is poor, the supporting public facilities are scarce and old, and children usually play among the dangerous ruined buildings. Community medical sites are also scarce and the medical equipment is quite rudimentary......

For his mother Ruth's participation in social charity activities, Andrew is still quite supportive. In order to take care of her three children, my mother chose to quit her job as a teacher and became a full-time housewife.

Now the children are all grown up and are working. Usually, my mother is home alone, and I don't have much to do, so I am a little bored and lonely.

Participating in social charity activities and giving love can not only get spiritual comfort, but also a good opportunity to relax.

Listening to her mother, Ruth, she talked about the process of giving love with great interest. This situation reminded Andrew that a few years ago, when the "Football Boy" he wrote was first released for promotion, his mother worked tirelessly to promote his new book and became a free promoter.

At that time, Ruth, the mother who worked as a free propagandist for a day. After returning home, the radiant pride told that the strong feeling for Andrew at that time was: Mother's love is eternal!

Now my mother puts her love into social charity. Let Andrew realize that his mother is still a very caring and kind lady! Maybe his mother is getting older, and her compassion is more than before, and she needs more spiritual comfort.

Andrew thought in his heart, as a child who has grown up and is self-reliant, he has no choice but not much time to spend with his mother. Then provide some charity funds and try to support your mother's charity activities.

The next morning, Andrew and his father, Allen, arrived at the newly established Smith Investment Fund. Negotiate the terms and conditions of the rights and obligations of both parties in the Entrusted Investment Agreement.

In fact, most of the terms and conditions in the Entrusted Investment Agreement have already been drafted. Andrew needs to be involved in the content of the terms and conditions, that is, the proportion and method of sharing the investment income.

After all, in terms of investment at Smith Investment Funds, it is Andrew who determines the investment direction and operation. The expected target of investment income is, of course, to be predetermined by Andrew.

Only when the expected target of investment income is predetermined, can we better agree with the client on the proportion and method of sharing investment income.

Considering the background of this cooperation, it is for the family to better integrate into the practical needs of London's high society. In terms of the appeal of interests, it is not the case of the first goal.

In this regard, after Andrew communicated with his father Allen, the proposed investment income sharing method is:

First, a 10% principal threshold annual rate of return has been established.

Second, after deducting the various expenses and taxes borne by the fund, the income of the fund will first be used to return the investment principal of the fund investors.

Third, the fund manager first allows the fund investor to achieve a threshold annual rate of return of 10% of the principal, and then participates in the sharing of income profits.

Fourth, the income and profit distribution of investment funds does not adopt the usual fixed model, but adopts the method of linking with investment performance.

That is, the investment income profit is less than 30%, and the share ratio is 2/8. Less than 60%, 3/7 of the share ratio. Less than 90%, 4/6 of the share ratio. More than 90%, 5/5 of the share ratio.

Develop such a share of investment proceeds. Andrew's main consideration is that, first of all, the investor's principal and the basic threshold rate of return are guaranteed. This is already a very conscientious practice in commercial entrusted investment. It can be regarded as a gesture of goodwill to several families who entrust investment.

After drafting the terms and conditions of the "Entrusted Investment Agreement", Andrew also explained to his father Allen that he planned to set up the investment department of Smith Investment Funds.

The family fund company will uniformly recruit the basic allocation personnel of the investment department. Andrew, who then deploys two senior investment and trading staff from successful investment companies to support family fund companies in the early stage of investment transactions and training guidance.

Settled the matter of the family fund company. Andrew thought that tomorrow morning he would go to the manor house outside London, which he had bought before the year.

After all, after buying it a few years ago, I haven't taken a look at it! Some time ago, the family had completely taken over the manor and renamed it Smith Manor.

In the evening, Andrew received a call from New York.

There is the latest economic information released on the US side.

At 6 o'clock in the evening, the United States released the consumer price index report for last year, 1975. (consumer price index) abbreviation: (CPI).

(CPI) is a measure of changes in the prices of consumer goods and services. The CPI measures price changes from the consumer's point of view.

(CPI) is a macroeconomic indicator that reflects the changes in the price level of consumer goods and services purchased by households, and it is an important way to measure changes in purchasing trends and inflation in the United States.

It is an important way to measure changes in purchasing trends and inflation in the United States. If the index is higher than expected, the USD should be considered strong/bullish (the usual way to combat inflation is to raise interest rates, which can attract foreign capital), while if the index is lower than expected, the USD should be considered weak/bearish.

It is a relative number that measures the price level of a group of representative consumer goods and services over time in a specific period of time, and is used to reflect the changes in the price level of consumer goods and services purchased by households.

The Consumer Price Index (CPI), combined with the Employment Situation Report (NFP), is another popular economic indicator that is carefully studied in the financial markets. i.e. inflation indicators.

Because inflation affects everyone, it determines how much consumers spend on goods and services, it affects the cost of doing business, it greatly undermines the investment of individuals or businesses, and it affects the quality of life of retirees.

Moreover, the outlook for inflation helps to set up labor contracts and formulate the government's fiscal policy.

This method was first proposed by the American economist Robert J. Gordon at the beginning of last year. The background to this was the relatively large inflation in the United States in 1974 as a result of the first oil crisis.

At that time, the increase in consumer prices was mainly affected by the rise in food prices and energy prices.

The National Consumer Price Index (CPI) covers the prices of goods and services in 8 categories and 262 basic categories, including food, tobacco and alcohol, clothing, housing, daily necessities and services, transportation and communications, education, culture and entertainment, medical care, and other goods and services.

The US Consumer Price Index report for 1975 showed that in 1975, the (CPI) index was 1.1 percentage points higher than expected, indicating a strong/bullish trend for the dollar.

Andrew thinks that since the US dollar is strong/bullish, then the corresponding price of gold, which is a hedged hard currency, will be a weak/bearish trend.

If the price of futures gold in New York is more affected by the published (CPI) index. After the futures gold price, the downward trend will inevitably start in advance.

As long as the downward trend can be roughly determined, there is no need to save the original reserved supplementary margin. A sell order to buy futures gold should follow the trend.

After making up his mind, Andrew booked a ticket to the United States in the early morning and arranged the relevant matters to go to the United States. After explaining the situation to his family, he invited his father to the study.

He took out a ready-to-cash cheque for £1 million, handed it to his father, Alan, and explained his intentions. This is a donation to support the charity of Mother Ruth.