0017 Borrowing

Adel doesn't like gangsters, he doesn't like gangsters in any form, because for him, the unstable thing like gangsters means accidents in itself, and for a person who focuses on making money, changes can bring too many uncontrollable factors.

However, in today's America, especially in New York, it is a bit of a fool's dream to talk about development without the gangsters, because these guys are always everywhere, and if you don't provoke them, they will always find your door.

Luckily, for the current Adele, he doesn't have to think about these issues that he doesn't like, after all, his career has just started, no, it should be said that it is not yet a start, even if he hopes that the gangsters will find his door, people may not look down on him.

The New York Stock Exchange was closed for two days over the weekend, and Adair was happy to relax, but he did not relax his attention to the financial markets.

The New York Finance, published on Sunday morning, reported that the Federal Reserve and the House of Representatives hoped to persuade Wall Street banks to curtail short-term lending in order to cool the stock market, which was "on the brink of crisis", but the banks rejected this request.

In response to the Fed's unbridled morbid concerns, the New York Financial newspaper published a comment by Yale economics professor Irving Fisher, in which the professor, who holds a key position at the "Ivy League universities", strongly asserts that most stocks are not overvalued, and that in a few months, the stock price will climb much higher than it is now.

Adair believes that comments like this will give stock market speculators great confidence and make them more determined to invest their money in the stock market, and such speculation will keep the stock market high for some time.

As it turned out, Adair's guess was accurate, and two days after the weekend, as soon as the New York Stock Exchange opened on Monday morning, a round of big gains followed, and almost the entire Wall Street was in an uproar, everyone was cheering, and he made a lot of money again.

At 10:40 a.m., at Adair's suggestion, Bella sold her Texas refining stake and bought P&G shares instead, at which point P&G's stock price was $17.34 per share. Adair also bought a stake in Procter & Gamble, which, of course, was an investment by Reuben, who is now the equivalent of Reuben's stockbroker.

In the morning, it was not possible to see the shrewdness of Adair's decision-making, and even until the afternoon, the stock price of Texas Refining was slowly climbing, and the growth performance was far better than that of Procter & Gamble's shares, which made Birla somewhat worried.

The real turnaround came the next day, when the New York Stock Exchange opened on Tuesday, and there was a large number of sell-offs on Texas Refining's shares.

Adair's judgment is still accurate after all, the wealthy Houston Natural Gas Company wants to buy Texas Refining, naturally it will not be like a fool, directly according to the current high price of Texas Refining, they will rely on their strong strength to first knock down the stock price of Texas Refining, and even trigger panic selling by stock holders, and then enter the market to sweep.

This is a confrontation of power between the bookmakers, although in the initial stage, it is difficult to determine who wins and who loses, but as an ordinary retail investor, Adel will not rush in to join in the fun, because in that case, the possibility of being killed is too high.

Compared with Texas refining, Procter & Gamble's shares are outperforming, spurred by the good news that Procter & Gamble is expanding its overseas business, and its stock price began to rise sharply on Tuesday morning, closing at $19.17 by Tuesday afternoon, a little more than a dollar per share compared to the purchase price.

Bella, who won the big win again, naturally trusted Adair, and she began to follow Adele's previous plan to hype up her success in her social circle, and the argument was nothing more than that she had found an experienced and discerning stockbroker. With the broker's guidance, she made four successful investments in a row: selling Mississippi coal, buying Texas refining, and selling Texas refining in time to buy Procter & Gamble. These four successful investments not only allowed her to avoid losses, but also made a lot of gains, and in just a few days, she has already reaped tens of thousands of dollars in profits in the stock market.

A profit of tens of thousands of dollars in a few days is extremely tempting for many people in these years, so some people began to ask Bella for news, hoping to get good advice from her - of course, at this time, no one will directly hand over their money to Bella, or to her agent to take care of, after all, it is too risky, and those potential investors still need to wait and see.

"It's all misers," said Bella in the bedroom of the residence, wearing a black lingerie with lace trim, kneeling on her soft and comfortable bed, looking at Adel who was standing at the window smoking, and said indignantly, "I just want to get some inside information from me, but I don't want to pay a penny out, I really don't want to pay attention to them." ”

"That's normal," Adair cocked his index finger and flicked the cigarette roll off his hand, flicking the ash off the cigarette butt, and then smiled without looking back, "You need to give them more confidence and greater expectations before they will take the money out." ”

Bella pouted, then added, "But there are exceptions, a friend of mine, Susa, Susa Pullman, she is willing to take out the money, a total of 80,000 dollars." ”

"Huh?" Adel turned his head to look at her, trying to hear what she was talking about.

"However, she doesn't speculate in stocks, she lends money," Bella continued, "and the interest rate is very high, 16 percent for three months." ”

Adair frowned, but quickly stretched out again. In order to cool down the stock market, the Federal Reserve raised the interest rate on demand loans, which even reached 20 percent at one point, but the interest rate on demand loans was 1 year. Subsequently, in order to confront the Federal Reserve and continue to maintain the good situation of the stock market, a number of Wall Street banks jointly took action and reduced the interest rate to 16%. Now, this Susa will have to pay 16% interest for 3 months, which is already a complete loan shark.

However, the high interest rate is not the key issue, the key is whether the money can be loaned back to generate more profits within 3 months, and if so, then it can be loaned completely.

It's mid-July now, and as far as I know from previous lives, this is the last period of the New York stock market madness, and from July to September, there are still two months to go, and after two months, Adair has to raise enough money to make short trades on the stock market. So, every dollar now counts to him.

Eighty thousand dollars, 16 percent interest for three months, is just over 12,000 dollars, and Adel thinks he can borrow it.

"Promise her," said Adel with a final nod after a moment's thought, "we'll borrow the money." ”

In fact, what Adel is doing at the moment is quite dangerous, such a high interest rate is equivalent to almost 2 cents of interest, and ordinary reasonable people will not borrow this kind of usury. However, in today's New York, once people enter the stock market, how can they have much sense to speak of? One thing that can be believed is that even if Adair does not borrow this money, some people will borrow it.

"Well, I'll go to her in the afternoon, and I'll get the money in the evening. Bella nodded and said, she is full of confidence in Adel now, and she doesn't think that this money will be lost after borrowing.

Adel threw away the cigarette butt in his hand, walked back to the bedside, bent down to kiss Bella on the pink lips, and said, "Trust me, Bella, my promise to you will definitely come true." ”

For Bella, Adair has a sense of guilt, speaking of which, whether she is coming forward to borrow money or attract investment, in fact, she is betting on her future. That Susa was willing to lend her $80,000 at a time, not because of the friendship between the two, but because of Bella's solvency, in other words, the $80,000 was actually mortgaged by Bella's personal property.

In this big gamble planned by Adele, Adel didn't pay much for himself, it was nothing more than his talent and experience, and it was the woman Bella who really gambled everything.

"I believe you, Adele," Bella said with a soft smile.

"You won't regret it," Adair said, reaching into Bella's shirt and rubbing it across her full breasts.

"It hurts!" Bella said with a smack on his hand.

"Didn't those stingy guys want to get the inside scoop?" said Adair with his hand that didn't retract, but continued to move there, "telling them that they can buy Bank of America now, and if nothing else, the stock will have a surge this week." ”

"Bank of America, are you sure?" Bella's eyes widened and she asked in a skeptical tone.

It's no wonder she is suspicious, because Bank of America stock is so special that it has almost become a taboo on the New York Stock Exchange, and few people dare to touch it.

Bank of America was a sought-after stock less than a year ago, and at its peak, it even reached an astonishing high price of $200 a share. But in June of last year, the stock had its darkest period, when its share price plummeted from $200 a share to less than $80 a share, or $120 per share. At that time, countless shareholders who owned the bank's shares lost their fortunes.

Now, more than a year later, the stock has not slowed down, and its share price has risen and fallen, hovering below the $100 per share level.