Catch the sea: start with a sand shovel and take over the entire beach
Chapter 622 Joey’s invitation
Although he is an American emperor, tens of millions of dollars is still a lot of money. For more than 95% of people, it is a figure that is out of reach.
York just heard it very clearly. More than 200 million RM coins, converted into nearly 30 million US dollars, how could he not be happy to have such a large sum for his own operation?
At first, he called Zhao Qin BOSS, which was a bit flattering and ridiculing, but now all this is gone, the boss is the boss.
"BOSS, how do you plan to use this money?"
"Why buy that?"
"S&P 500?"
"Yes, just buy this and go short."
York scratched his head, but still suggested: "BOSS, the controllability of the S&P 500 is too low. I think it is better for us to speculate on a certain stock, which is less risky."
Of course, what he said was a sincere statement, and of course he was also considering his own profits and credibility.
Zhao Qin knew that buying Apple stocks now would definitely make money, but the time line was too long, so it would be more enjoyable to do it quickly.
"York, it's still the same. If you help me operate until the end of next year, I will give you 2% of the income plus a guarantee of US$20."
"Okay BOSS, the money is yours and it's up to you to decide. The S&P index is now 1710 points, which is said to be a bit high, so how do you plan to buy it?"
The operating fee of 2% was actually a bit low, but York didn't argue. After all, there was a guarantee of 20.
But after a few months, he will know that 20 is nothing to 2%.
"When the money arrives tomorrow, you can just continue to be short."
"At what point do you throw it?"
"Throw it all away next October."
York was confused. Stock trading depends on the rise and fall, not the time. However, he now understands Zhao Qin's character to some extent. To put it bluntly, he is a bit stubborn, so he is too lazy to argue.
"Then use leverage?"
Hearing Zhao Qin think about the leverage, York thought he was also scared, but he heard him ask: "How many times the leverage can be used?"
"I can operate it up to 80 times, but no one has ever used such a high leverage, because it is not gambling, it is giving away money."
Although Zhao Qin is a novice in stock trading, he still knows a little about leverage. This thing is a double-edged sword.
For example, if you invest 100 yuan to buy a stock and it rises by 1%, then you will earn 1 yuan.
But if you use ten times leverage, then the money you invested becomes 1000 yuan, and you can earn 1 yuan if it rises by 10%. Of course, if the stock falls by 10%, it means that the original loss of 10 yuan has become Losing 100 yuan,
Then the capital you invested in the early stage will be gone, and the position will be forcibly closed without leaving a cent.
"How much leverage do you think I should use?" Zhao Qin is not sure. He wants to maximize it. He is shorting. If he really maximizes it, if the S&P rises slightly, his money will be lost. The hair is gone.
"How about 5 times?" York gave a relatively conservative figure. If the S&P fluctuates, there is still a chance to leave the market.
After 5 times, my 3000 million has become 1.5 million. Well, it still feels a bit small.
"25 times leverage." If the coward is starved to death, it's only 3000 million dollars. Money is a bastard. If you lose, you can make more.
"Zhao, if the fluctuation is 4%, there will be nothing. Are you sure?"
"Sure, let's do it."
York shrugged and didn't think about his 2% commission anymore. He just took the 20 guarantee. Anyway, it was just a simple operation and it didn't cost much.
Yu Fake acted quickly and told Zhao Qin that the money was ready at around two o'clock in the afternoon, and he also had a lawyer ready.
The two drove to the place where Yu Fake was, found a lawyer and signed a contract, then contacted an international futures company and opened an account in Zhao Qin's own name.
Then the money is deposited into the account, and York is responsible for the next operation.
After finishing the work, it was already past five o'clock in the afternoon when the two returned to their residence. After taking a shower, Zhao Qin was about to order a meal, but the next moment there was a knock on the door.
He thought it was York, but when he opened the door it was Joey.
I'm so happy, let's see who can't stand it first!
"Mr. Joy, are you okay?"
"Zhao, can I treat you to a meal? According to you, acquaintance is fate. As a guest from afar, I think I should treat you as a landlord."
Zhao Qin took care of himself, changed his clothes and went downstairs.
He didn't go out, but stayed in the hotel's supporting restaurant. After he sat down, Joey told him that fried rice was provided today. Zhao Qin was so happy that he had been out for nearly a week.
For a child who has been eating rice for two lifetimes, life without rice is too difficult.
"Are you sure? I don't eat rice." Joey reminded when Zhao Qin ordered two portions at once.
"Order two portions first. If it's not enough, I'll add more." Zhao Qin confirmed.
Joey nodded and sighed with envy after ordering his meal, "Young people have a good appetite."
While waiting for the meal, the two chatted for a while. Under Joey's deliberate guidance, the topic soon turned to fishermen, "Zhao, why did you become a fisherman?"
Seeing that Zhao Qin was stunned, he quickly added: "I didn't mean to offend your profession. I just think that young people like you should not be willing to float on the sea every day."
Zhao Qin thought to himself, that's because you don't know how much I gain in a day. After knowing it, even if you Americans spend beautiful things, there are still a lot of young people crying and shouting who know how to do it.
"It's purely because of my interest. I have lived by the sea since I was a child. My father's generation was a fisherman. I like the sea and the sight of a good harvest in one net."
"Do you have any other hobbies?"
"There are quite a few, including fishing, delicious food, and, by the way, does sleeping count?"
Joey smiled bitterly and said, "Zhao, you really don't look like a young man. The young people I see have personality and publicity. While they work hard, they also indulge in wine, meat, and drunkenness."
"No, we have to take care of ourselves. Joey, do you know what is the most painful thing in a person's life?"
"What is it?"
"People die, but the money is not spent, so I plan to live longer."
Joey was almost crying, "So I'm lucky, because although I'm still alive, I've already spent all my money."
"No, no, no, it's more painful for you. It's just that you have no money to live on."
Joey has the urge to slap his butt and leave. What this guy says is so irritating.
"Zhao, have you ever heard of Alaska?"
"of course."
"There is a group of people there who also make a living by fishing. Some of them catch crabs, pine leaf crabs, king crabs, etc. in the Bering Sea. The risks are high, but the returns are very high.
But the season is wrong now, and I still make a living by fishing for cod. It happens to be the open fishing season, and I happen to know a few friends who are fishing.
I want to invite you to play with me, and I beg you to agree. "
Zhao Qin looked stunned. Didn't he invite himself to the gold mining site? How come it turned into cod fishing?
"Joy, business is business, and friends are friends. I want to understand your purpose for doing this."
"Of course I have my purpose, but I want to put it aside for the time being and wait until we get to the place. Please rest assured that I am a very pure businessman."
The so-called pure businessman means that he will not do anything illegal or use some shady means.
But just listen to what these people say. Capitalists are always seeking profits.
"Okay, but you have to wait until I get back from Philadelphia."
"You can call me."
You'll Also Like
-
Senior sister, please let me go. I still have seven fiancées.
Chapter 552 6 hours ago -
I am in Naruto, and the system asks me to entrust the elves to someone?
Chapter 628 6 hours ago -
As a blacksmith, it's not too much to wear a set of divine equipment.
Chapter 171 6 hours ago -
Treasure Appraisal: I Can See the Future
Chapter 1419 6 hours ago -
The Lord of Ghost
Chapter 217 6 hours ago -
Immortality cultivation starts with planting techniques
Chapter 556 6 hours ago -
Practice starts with skill points
Chapter 564 21 hours ago -
1890 King of Southeast Asia
Chapter 910 23 hours ago -
The other world starts with debt
Chapter 150 23 hours ago -
Witch Alchemist
Chapter 368 23 hours ago