Chapter 651: Wealth Charming Eyes
"Damn! Why are housing prices in New York rising so wildly? The lowest price is $2,000, how long do I have to earn to make up for that $2,000?
If you can't buy a house this year, you can't tell how high the house price will rise next year, is this still a life that people can live? Please, God take away those damned capitalists, this is a hell for ordinary people! At a café in downtown New York, a glamorous-looking clerk complained.
"Alright, Hank, this is the seventh time you've complained today." The café staff served a cup of coffee to the guests at the next table, then smiled and quipped to a man named Hank, "
If you want me to say, you might as well take all your savings out and buy real estate stocks. Scott Real Estate's stock is rising every day, and with a bit of luck, it's not a problem to make a few hundred dollars. ”
"I do, Donnie. But don't you think a stock market like New York is too crazy? As long as it is real estate, stocks are rising, doesn't this make it clear that there is a problem? Hank shook his head and rejected Donnie's offer to put in stock.
"Then get the hell over the subject, Hank. Why don't you talk about your work? Finishing his work, Downey sat down across from his friend Hank and proposed with a smile on his face.
"Oh no, the topic is simply worse than today's weather. I don't like the smog today, and I don't like the damn job and the stingy boss even more. Speaking of his work, Hank seemed to open the conversation, and his mouth kept complaining.
The United States is a capital country through and through, and the capitalists are still quite cruel to the oppression of the people.
Don't compare the United States in later generations, at least it has certain achievements in human rights and democracy, and it is not so cruel on the surface.
Human rights developments are not so formal, and there is only one way for people to assert their rights: to march against the government.
"Alright, alright, that's enough, you guy." Donnie shook his head a little impatiently, and quickly stopped Hank's tirade, and said a little angrily, "You won't just complain to me today, right?" I'm not available, I'm very busy with work, and if I get a complaint, it's over. ”
"Damn, aren't you worried about housing prices in New York? Judging by your income, I'm afraid you have to work for more than ten years to buy your current apartment, right? Hank was a little puzzled, his friend shouldn't be impatient. After all, housing prices are rising, and those who have not yet bought a house should be most worried.
"Didn't I tell you, I bought a lot of real estate stocks as soon as they went up, and I've made a small amount of income so far. Judging by the momentum of the real estate stock rally, in a few months, I will be able to buy a house. Speaking of his income, Downey smiled mysteriously, not worrying that he would not be able to afford a house.
Regardless of whether there is a problem with the rally in real estate stocks this time, as long as it can bring him income, there is no problem in Downey's opinion.
After all, everyone is just an ordinary person, and being able to make money is the last word, and ordinary people can't decide whether there is a problem or not.
"Okay, you can see it. In other words, how much money have you made on stocks now. Hank, who didn't plan to buy stocks, was impressed by his friend, and instead of worrying about the problems behind the stock market, he should take advantage of this hard-won opportunity to make a fortune.
The money in your hand is real, and instead of worrying about problems that have not been proven, it is better to add a little thickness to your purse.
"I invested more than $800 and should have earned more than $500 by now. If you don't listen to this guy if you start early, according to your deposits, the income will definitely not be less than mine. Donnie said with a smile.
Even though he was late in the real estate stocks, he still made a lot of money. If you exchange $800 for 8 million, doesn't it mean that you have made more than $5 million in profits in such a short period of time?
Hearing his friend Donnie say this, Hank didn't have the slightest doubt, and even began to regret that he didn't enter the stock market sooner.
"Damn, is the stock market still open?" Hank asked impatiently.
"Of course. I recommend you to buy Scott real estate, it has been rising for more than a month, and it is still okay to hold it in the short term. Donnie smiled and nodded, not in the slightest hint of mocking his friend's temporary change.
After all, it's hard to make money.
Such scenes are happening all over New York, and many people who have no idea about the stock market can't help but waver in front of the high income of their relatives and friends who have invested in the stock market.
According to the New York Stock Exchange, from the end of May to the beginning of June 1926, real estate stocks rose by an average of 133.2 percent, with the highest one-day increase of 19.1 percent, setting a record for gains among any stock.
In less than half a month, there are thousands of real estate companies that have been listed urgently, and most of them have achieved a sharp rise in stocks.
How exaggerated are New York's real estate stocks? As long as it is a qualified registered real estate company, once listed on the stock market, it will generally rise by four to five percent.
These real estate companies have not announced any of their own real estate construction plans, and simply joined the stock market, which has increased their market value by more than half.
A large number of capitalists saw the benefits and poured into the stock market, which also made real estate stocks very exaggerated, and every real estate stock was being snapped up, and even continued to be bought at a premium.
Driven by real estate, the value of stocks in real estate-related industries, such as steel, cement, bricks, glass, wires, and electrical appliances, is also rising, and even rising day by day.
This period is also affectionately known as May Madness in Americans, when everyone is showing off the income they have earned for several years in this half month, attracting more people to invest in the stock market.
The change in the U.S. from the stock market's reddening has been dramatic, at least in New York, where the way people meet and greet has changed from a variety of ways to a uniform "Is your stock going up?" Or, "Did you buy stocks?" People are talking about stocks every day, because they earn more than they can go to work.
Such a situation has deviated from the normal range, because no matter how crazy the stock is, it is impossible to maintain long-term growth, let alone such a long-term and substantial growth.
Half a month later, it's still the same familiar café.
Hank didn't have a sad look on his face at this time, he tasted the coffee with a comfortable face, and said to Donnie with a smile, "Thank you, brother." If it weren't for you, I wouldn't have been able to earn that much, which is much more cost-effective than going to work. ”
Donnie was also interested, and hurriedly asked, "Man, how much have you put in?" ”
Hank smiled and stretched out a finger, and said with a little pride and pride: "I took out all my net worth, a full $1,000." ”
"Damn, judging by the rise in the stock during this time, you should have at least doubled your earnings!" Downey is a little envious of his friend, although the stock market entered late, but the more principal he earned, the more income he earned.
"Less, Donnie. Don't I know you yet? Judging by Scott Real Estate's recent rally, you earn more than me, and you should have $2,500 with interest, right? Hank shook his head disdainfully and said to Donnie, who was still pretending to be poor.
"By the way, Hank, when are you going to stop?" Donnie asked, slightly curious.
It was Hank's cautious nature that he missed the best opportunity to enter the stock market.
And now, having earned enough money to buy a house, Downey is very curious about when Hank will end, and cautiously exits the now crazy stock market.
"Wait a little longer, man. Judging from the current rally in the real estate market, a $2,000 stock can earn more than $20 a day, which is crazy! God can't tolerate me missing such an opportunity, and this is simply the best gift God has given us. Hank shook his head and said with a smile.
"But aren't you saying there's a problem with how much the stock market has gone up? Aren't you worried about one day? Some of the unlucky words Downey didn't say, after all, they are all stock holders, and they must want to see the stock continue to rise.
"That being said, the stock has been rising for a month, so how can it end tomorrow? Man, no one is out of the stock market right now, and it's the most painful thing to miss out on this great opportunity to make money. My requirements are not high, I can earn enough money for two houses, one for living and one for renting. Hank said with a smile.
The market price for a house is around $2,000, and $4,000 for two homes.
As long as you earn enough for two houses in the New York City area, it will be enough for ordinary people to live.
After all, the house is still appreciating in value, and another house is also considered an investment, and when it is worth enough money in the future, it can also be exchanged for more income.
"That's a good idea." Donnie nodded, and said to his friend without concealment: "I almost think the same way, this feeling of making money on the tip of a knife is really exciting."
Anyway, the principal invested is only $800, and if you can earn an income that you can't earn in a lifetime with this $800, it is definitely an opportunity that no one can miss.
At that time, there will be no need to be employees for those greedy capitalists, and the enterprises we start ourselves are not better, and we can earn money for ourselves, and that feeling will be free when you think about it. ”
Hank nodded as well, and there was no doubt that the position of the two people who were also dissatisfied with the boss's exploitation was on the same page at the moment.
3000 words for the second update, ask for a monthly pass, ask for support!
Today, 10,000 days have been changed to 6000/10000, ask for a monthly pass, ask for support!
(End of chapter)