Chapter 40: A Trip to the United States (2)
Yang Lei didn't want to settle these accounts, he also realized that Fan Jianxin's expenses were too big, so it was better, he wanted to fish in troubled waters.
When Fan Jianxin was tried at the police station, he did not dare to tamper with the funds in the store, for fear that the case-handling personnel would come to the store to check the accounts. When Thomson fished Fan Jianxin out and the police station returned the account books in the store, he was happy and directly burned the account books of the grain and oil store.
He has such a fat gall, and he didn't develop it in a day.
In this way, the huge profits on the store's account can be spent as much as he wants. If someone checks the accounts, he can refer them to the police station. Now, he only needs to do the business accounts after he takes over.
In this way, Fan Jianxin's hard work in the past two months has all made wedding clothes for Yang Lei.
If Fan Jianxin has gained, in addition to the ancient coins that he didn't spend a few dollars to collect, it is the 8,000 yuan loose wine that has not yet been delivered. Now the ex-factory price of this batch of loose wine is 12,000 yuan, if he can bring the goods...... It's going to be a lot of money.
Since the price of liquor has risen, Wang Xiangli, the head of the sales section of the Weizhou Liquor General Factory, has become difficult to speak.
Fan Jianxin wants to wait for the end of the matter on the side of the United States, and then go to Wang Xiangli's work, whether it can be done is indeed a question.
Naturally, he came to the Bronze Bull on Broadway, and these things did not need to be thought about, and it was after returning home.
In the late seventies and early eighties, there was a major crisis in the world economy. The economies of most developed countries in the West have entered a stage of stagflation, with a rebound and sluggish growth, while unemployment and inflation remain high.
The crisis was triggered by a drastic change in Iran's political situation, the world's second-largest oil exporter, and the resignation of Iran's pro-Mi moderate Shah Pahlavi, triggering the second oil crisis.
With the outbreak of the Iran-Iraq war, global oil production has been affected. Production plummeted from 5.8 million barrels per day to less than 1 million barrels per day. Oil prices began to soar in 1979, from $13 per barrel to $34 in 1980, as production plummeted.
This has dealt a near-devastating blow to oil-dependent industries such as automobiles.
In July 1979, the first economic crisis broke out in the United Kingdom, in October of the same year, Canada's industrial production declined, and in February 1980, the United States fell into the second economic crisis since World War II.
The countries that have experienced economic crises have broken out one after another: Belgium, island countries, the Federal Republic of Germany, the Netherlands, France, Italy, Ireland, etc.
In the United States, the industrial production index showed a W-shaped curve of decline, rebound, and then decline, and in 1981, Reagan was elected president of the United States. After reunification, it advocated tax cuts, inflation reductions, interest rate cuts, increased military spending, increased government deficits and national debt, closed loopholes in tax rules, and continued deregulation of business practices, so that the free market mechanism could automatically correct the problems it faced.
The country's economy began to recover in 1983, and this wave of economic growth continued for several years until the end of Reagan's term, making it the longest economic expansion in the country's history.
At this time, from the perspective of medium and long-term investment strategies, buying stocks is the most suitable time. It's like sowing seeds in the field in the spring, sowing the seeds, waiting for the autumn to come.
Of course, the New York stock market is still warm and cold, so that investors involved in the stock market have a fright from time to time.
Fan Jianxin's concept of buying stocks has nothing to do with it, he relies on the memory of his previous life and the ingenuity of stealing the sky.
Due to the jet lag, he came to New York in the early morning of the 13th. On this day, it happened to be Sunday, and he almost lay in the hotel for a day of rest, jet lag.
At the same time, he was racking his brains to recall the specific time of the joint venture between General Motors and Honda, and unfortunately, he only remembered that it was probably during the Chinese New Year. He checked the local newspaper and found no clue about the news.
Monday, February 14, the second day of the first lunar month of the Chinese lunar year. He and Thomson came to the New York Stock Exchange.
He opened an account for himself for $4,000 and asked Thomson to sell all his Apple stock holdings.
This was resolutely opposed by Thomson's stock market manager, Suegrin!
……
"This stock has experienced a big rise in the early stage, a fall, a rebound, and a fall...... Now it has stabilized, from a technical point of view, there is a trend of forming an arc bottom, and it is about to break through again, there is a possibility of a new high, and it must not be sold! ……”
Fan Jianxin also thought in his heart that Manager Su Green's analysis was correct and it was a high probability, but he still insisted that Thomson sell all the Apple shares he held, and he didn't say why.
This puts Thomson in a dilemma!
On the one hand, he is a professional consultant who has invested in the stock market for many years, and if Apple's stock follows the trend of his analysis, he will not only be able to return to his capital, but also make a small profit; Even if it doesn't go the way Suglin predicted, it won't be any worse.
On the other side is the young prophet he brought from China, and if he fails to do what he suggests, he will fall into the abyss, and he will not be able to turn over in this life; If it succeeds (Fan Jianxin's verbal promise), he can't believe what the ending will be......
Of course, Fan Jianxin could not reveal about the joint venture between General Motors and Honda. Otherwise, it would be difficult for him to earn $50,000 in consulting fees from Thomson, and it would be impossible for him to quickly make his first pot of gold in the New York stock market.
From a long-term perspective, as long as you throw money into technology stocks, especially the famous technology stocks in the future, your assets will be doubled hundreds of times in ten or twenty years. However, the time period for doing so is too long, not to mention that he does not have the money now.
He could only hope that Thomson was risky to find the right investors again, but Thomson's behavior disappointed him.
On this day, Thomson did nothing, that is, he still held on to Apple's stock.
Apple's stock is very much in line with Su Green's prediction, and it has risen by 3.1%, which is unanimously optimistic in the industry, which makes Thomson even more reluctant to do what Fan Jianxin suggests.
Tuesday, February 15 (the third day of the first lunar month).
The fog in New York was heavy and did not slowly dissipate until after 10 a.m.
Fan Jianxin came to the New York Stock Exchange before the stock market opened, and he didn't have the patience to do Thomson's work, and what he should have said to him had already been said, so there was no need to say it again.
His time is precious, he is not a tourist in the United States, and there are a lot of things waiting for him to deal with in Huaxia.
First, his and Yang Lei's post-autumn reckoning has not yet begun. It is impossible for him to let Yang Lei rob the grain and oil store like this, at least let Yang Lei pay a certain price or give him some financial compensation.
Second, he wants to urge the street garment factory to start work as soon as possible after the holiday, and he is also counting on the "Sachiko shirt" and other clothing to sell well in the spring.
Third, the jeep that the South Barracks promised to give him did not know if it had been repaired, and he was still counting on driving it to nearby counties, cities, and towns to acquire collections.
Fourth, the Weizhou Brewery has not yet picked up his loose wine......
He didn't want to waste it here.
Thomson's attitude forced him to find new investors who could accept his advice.
At the New York Stock Exchange, Fan Jianxin talked to several investors, but with little success, and in this bear market atmosphere, people became cautious. However, there are also candidates who can be implemented.
This is a middle-aged and elderly female investor named Maridana, who is a bit of a god. Fan Jianxin, with the eyes of a middle-aged man who is dozens of years old and the knowledge of micro-expression psychology, she is most likely willing to listen to his opinion.
However, he didn't want to do it unless he had to.
If he rashly told her, he knew the inside story of General Motors' upcoming joint venture with Honda Motor Company in the island country, and there was a risk.
One is to say that others may not believe you, and even if they believe you, they are not willing to give you such a high consulting fee of $50,000 in advance until the news is confirmed; The second is that it is really risky to do so, and if it is not done well, it will violate the securities law of the United States, and the light case will be punished with a huge fine, and the heavy case may be imprisoned.
Rationally speaking, Thomson's hesitation or change of mind is normal.
It is difficult for any investor to accept the counterintuitive advice of a young man in a foreign country.
For individual investors, it is not uncommon for the same stock to be reversed for a while. One minute ago, he or she decided that his or her stock would continue to fall, so he or she sold the stock. After a minute, the sold stock begins to rebound, and he or she buys it back at a higher price than the selling price.
This kind of thing is not uncommon in the stock market, that is, the so-called "chasing the rise and killing the fall".
Thomson's attitude made Fan Jianxin a little anxious, and he was worried about missing out on this joint venture between GM and Honda. However, it is more helpless, he is really suffering from no start-up capital, otherwise why should he share this windfall with others?
"Ms. Marydana, some time ago, I met a few passengers from the island country on the plane, they are from Honda Motor Company." Fan Jianxin is telling a story, "I heard them say that this trip to the United States is to negotiate ......"
Just when Fan Jianxin was about to tell Ma Lidana that General Motors was about to have a joint venture with Honda Motors, the island country, Thomson found him on a noisy exchange.
Because, today, Apple's stock began to fall at the opening.
This made Thomson determined, although he also thought that it was a crazy thing to accept Fan Jianxin's suggestion, and even a very mentally retarded thing.
"Sell all the Apple shares I hold at the market price!" Thomson's eyes were straight, his eyes were shining green, and his face was cruel and ferocious, like a bull fighting with people.
"Are you sure you're going to do that?" Su Green, estimated in his heart that Thomson's knife would cut off more than $900,000, which was too miserable.
"Yes. Don't persuade me anymore! ……”
At this time, Thomson's eyes were bloodshot, his hair was messy, and his voice was hoarse, and his expression was almost crazy when he said this to his stockbroker, Su Green.
When he returned to the United States from Huaxia, he did not live a day of stability. I can't go back to my home, so I rent a hotel and worry about the trend of stocks every day.
And Apple's stock price is like a buoy floating on the sea, up and down...... tugging at his heart and keeping him awake all day.
All he had left in his mind was the rise and fall of stocks......
He invested $500,000 in Apple stock for the first time, and a new product launch event at Apple made his account more than 200,000 yuan in a few days. As soon as his mind was hot, he added ten times the leveraged funds.
But then, Apple's stock fell.
In order to prevent the securities company from forcibly liquidating his stocks, he used his house to mortgage $400,000 from the bank, and borrowed more than $200,000 from his parents, relatives and friends to make up the stock account.
Selling Apple shares today, his account can only withdraw a little more than 190,000 funds. In less than a month, he lost more than $900,000 due to the purchase of Apple shares.
He went from a wealthy man with more than a million assets and about to enter the middle class to a poor man with a debt of more than $600,000.
More than $600,000, which was a lot of money in the eighties.
Had it not been for Apple's recent rally, his losses would have been even worse.
After a while, Thomson's stock transaction was completed and the funds were back in the account......