Chapter 206 The luckiest thing is to make money and time!
"How is gold today?"
Arthur leaned lazily on the boss's chair, took a black tea cup and put it down, and asked at Smith and Jama.
"The current price is $1,052 per ounce, a slight increase, but according to news from the International Monetary Fund, the Central Bank of Asahi is interested in purchasing 200 tons of gold from the organization for international reserves. If the news is true, these gold will account for half of the 403 tons of gold that the International Monetary Fund agreed to sell in September this year.
According to our analysis, the buying of gold by the A-San Central Bank is only a prelude to central banks in various countries to buy gold as reserve assets in the future. The expectation of rising demand for gold as reserve assets will drive gold to rise rapidly.
In addition, technical buying triggered by gold after breaking through the previous all-time high of $1,072, and news that the Bank of England may expand the scale of money supply in the five-day period will drive the dollar exchange rate and provide positive factors for a sharp rise in gold.
So, I think the next trading day is very important, whether it is for foreign exchange, crude oil or gold." Smith Jama said with a serious and expectant expression.
"Haha, it seems that another good market is coming. To be honest, I regret that I asked you to use only 20 times leverage. If you are more courageous and use 100 times leverage directly, you may not have to borrow the bank for the funds to acquire the coastal power plant..." Arthur shook his head with regret and sighed.
At the beginning, he just wanted to get some money to stock up on the next gold, because he knew the general trend, no matter how many times the rise and fall in the middle, he just had to wait for the appreciation.
However, several consecutive bo-segment operations have made him taste the big sweetness and his interests have been maximized. How could he choose to hold on to the real gold and wait?
"Twenty times the leverage, 1.2 billion US dollars, totaling 1165,000 ounces. If you calculate at the current price of $1,052 per ounce, you have made more than $23 million on the books. If, as we expected, you will see a big increase in the next few days, I think your profit will be even greater.
As of now, leverage of twenty times is the safest and most stable. More than forty times will be very risky, because after each surge, you will face profit selling pressure. And the most critical factor is that the short sellers in the international gold futures market are mainly gold miners. As gold miners continue to buy short contracts back and close positions, the number of short positions has gradually decreased, and the motivation to boost gold prices in the future is actually constantly weakening.
If gold rises sharply in the short term, it will inevitably usher in pressure to take profits. Price decline is inevitable, and we cannot ignore this risk."
Smith Jama was very understanding of the boss' unwillingness to show, but he had to persuade him that since he could keep the risks within a controllable range and make stable profits, don't take greater risks and bet.
In the financial market, the sorrow of many people is that they always put the cart before the horse and always fantasize about high returns, but never contribute to the basis of this return. After n years, they still wander around in their place, wasting their lives in their own wisdom, and constantly reincarnation in impetuous regret.
In Smith's opinion, his boss is already lucky enough in the world of financial investment, not only making money, but also winning time.
Smith Jama has been trying to change the single investment options of his young boss from the very beginning. The trend of gold during this period is indeed surprising and surprising, and it also brings rich returns. However, as an investor, you must never put all your eggs in one basket.
Fortunately, his boss accepted the suggestion and bought stocks from multiple companies. This time he encouraged his boss to spend money to speculate in foreign exchange futures, just to make his boss' investment balanced.
"Getting a steady return" is a very safe sentence, but unless there is already a large base, the so-called "smooth acquisition of 20% per year" cannot achieve financial goals and is not likely to be achieved. In the long run, it is indeed extremely difficult to obtain a compound rate of return of 25%, but another characteristic of the return on investment is the "unevenness" of the rate of return. Only by recognizing the causes and significance of this inequality can you increase the probability of success.
Moreover, sometimes your boss is too anxious about making money. You should know that the rate of return is not in a hurry. As long as you don’t make big mistakes and insist on doing the right thing, good returns are only a matter of time.
Let’s talk about gold, my boss has paid too much attention to gold investment. Don’t, I think that the pig has been flying in the sky for a long time, and I really think that I also have an invisible wing. In fact, it’s just that the wind has not stopped.
In this world, if you want to gain a little fame, there is no smarter way than killing one direction, because you will always be right once, or even for a long time. But if you want to be a smart investor, there is nothing more stupid than doing this.
To be honest, Smith Jama is very worried that his young boss will become swelling in a smooth environment, thus creating a arrogant mentality of very simple investment. This is not alarmist, but has many self-righteous lessons that ultimately fail.
Is the investment easy?
Of course, if you hide the cumbersome data collection and analysis processes, do not tell the business logic that progresses step by step in the business analysis process, do not show him a lot of thinking processes and continuous progress in continuous discussions, and just give a result and general reason directly, then it seems to be "very simple".
Arthur did not know his mind, so he naturally did not understand the painstaking efforts of his subordinates. However, even if he knew, he would smile and tell Smith that he was thinking too much. Arthur was sober than anyone else and never underestimated the risks in the investment world.
He is also very clear about his original intention of doing financial investment and its precious things, which is to allow his future to never waste time on things he doesn't like, and freely arrange things he is interested in. Let money serve life, not life serve money.
"Haha, since there is a risk of a decline, we should choose to put the money in order to wait until the price falls, and then enter the market again. First, get the difference in the market!" Arthur made a decision with a smile.
When Smith heard his boss' decision, he felt relieved. Finally, he didn't have to find ways and reasons to convince his boss. Now that he has this early decision, he can make a decision directly based on the actual situation.
After Smith left, Arthur called his secretary in, took a sip of black tea, looked up at his secretary Jenny and asked, "Have you found a result in the gym I asked you to find me?"
"I have it, boss." Secretary Jenny's beautiful eyes lit up, then she said sorry first, then turned around and walked out of the office. She quickly walked back with a few promotional color pages, came to her desk, placed the promotional color pages in front of Arthur one by one, and began to introduce them.
"Bodyism, this is a new type of fitness club. The fitness coaches of the club are young. Whether it is male or female coach, the muscle lines are enviable, and the shape and fitness meals are dazzling. The marble locker room is more high-end and atmospheric, and you can enjoy the thick down towels. Especially you can receive personal guidance in a private teaching area with perfect lighting.
thirdspae, this is a boutique fitness studio with huge space, adopting New York bright industrial architectural style, with large indoor swimming pool, high-temperature yoga room and sprint track...
embodyfitness, this fitness coach promises to help people remove excess body fat within eight weeks, making the customer's body more attractive. However, the process will involve evaluation projects that make you feel tedious and tired. There are three private training courses a week, mainly focusing on endurance and weight demand training. The training forms include squats, kettlebell exercises and sled sprinting exercises to help you create muscle lines and promote metabolism in the body.
Based on my private inquiries and consultations, this embodyfitness course has indeed had significant results…”
Listening to the secretary Jenny's detailed report, Arthur couldn't help but have more appreciation for himself, a secretary who doesn't have a high sense of existence. He likes people who do things seriously and carefully.
"Hehe, thank you for your hard work. Since you strongly recommend it, then choose this embodyfitness, which happens to be at Canary Wharf, which is also convenient." Arthur reached out to pick up the promotional color page and looked at the photos above. The white decorative space and various black fitness equipment gave people a visual impact, while also feeling fashionable, with the enjoyment of coexistence of comfort and beauty.
Chapter completed!