Victory in Life
Chapter 120
"Jasper, I heard you started an investment company in the Mainland?"
After Old Man Law climbed upstairs to rest, Zachary took Jasper for a walk in the backyard and asked casually.
Jasper wasn't surprised that Zachary knew about this.
After all, investigating her background would be an easy task for the Law family and their abilities, as well as their own,
"My abilities are limited and I can't do certain tasks, so I can only provide money and let the professionals do the best that the professionals do" Jasper said with a smile
Zachary laughed and then said, "Lower class jobs use effort, middle class jobs use talent, and upper class jobs use people"
Jasper chuckled and said "Actually I think this is a golden age, especially in the Mainland where opportunities are everywhere, start a little early and you may have a few opportunities in the future"
Zachary nodded and said, "Your investment company is investing in an internet company called Terizone Inc, you seem to be very optimistic about the internet industry?"
Jasper nodded, "Internet is the general trend of the future, this is what the generation chooses"
Zachary did not comment on that.
Jasper knew very well that all the rich and powerful people in Harbor City today still clung to traditional industries in addition to some other industries.
It was not that the traditional industry did not make money, but these people had gotten used to cultivating deeply in the fields they were good at.
They do not understand the internet and are also not optimistic about it.
The problem of the rich having limited vision did not just happen in Harbor City, it was the same in many places.
"The performance of internet companies in the stock market today does make people envious" Zachary said.
"The Law family also has some investments in Harbor City stocks, but the current Harbor City stock turmoil is dangerous and the market is somewhat unpredictable, some recent investments have failed, he said, and the comments towards the Law family from the outside world were in an uproar, which was extremely troublesome"
Jasper immediately recalled something about the Law family from the memories of his previous life.
In his previous life, the Law family currently suffered nine billion losses as well and were looking for opportunities to regain what he had lost.
However, business in the world of finance can never be done in a hurry.
The Law family has made several investments, although there are profits and losses and still a small profit overall, it is not worth mentioning when compared to their investments and the risks taken.
For example, if someone earns 10,000 from a one million stake while risking the possibility of losing half a million, should one really think that such an investment works?
Without a doubt, it was a failure.
That was because the costs and risks were too high and not worth the profits.
Furthermore, according to the timeline, the Law family should have bought the Hansel Index by now.
This was the Law family's last financial investment as they had lost 800 million at a time in this investment.
800 Million is not a big deal for the Law family, but this failure has prompted the family to completely abandon the financial capital markets and return to the traditional industries of Real Estate and shipbuilding.
Zachary said in surprise "Yes, how do you know?"
Jasper thought for a moment and said, "Can you see the Harbor City stock here, Mr Law?"
Zachary nodded "Come with me"
With Zachary's guidance, Jasper comes to the study.
After turning on the computer, Zachary escorted Jasper to sit in front of the computer while he himself stood and watched.
"How much did the Law family buy?" ask Jasper.
"One billion"
Zachary sighed "Since the stocks we bet on are down, the recent Hansel Index rise also means that the Law family account is now experiencing a loss of at least 200 million"
"But we are ready to increase our investment, as long as the Hansel Index goes down later, we will not only pay back our previous losses but also earn a lot of money!"
Jasper smiled, shook his head, and said, "Master Law, you and your analysis, along with most of the richest people in Harbor City, are wrong"
Since his rebirth, Jasper knew very well that Hansel Harbor City Index shares would soon rise above 18,000 points, perhaps even today.
What's more, the impending burst of the internet economic bubble will cause the Hansel Index to plummet instantly, wiping out more than 100 billion worth of wealth in an instant.
Three years later, under the roof of Harbor City, there will be many bodies of those who jumped from the building due to their bankruptcy.
"Whatchu mean? Do you think it will rise above 18,000 points?" Zachary asked in surprise
Jasper nodded and said, "Now the last carnival on capital and the amount involved has reached trillions of dollars!"
"In addition, the stock markets of Harbor City and the United States are inextricably linked, some of the big financial giants have poured nearly a trillion dollars in funding with the prosperity of the internet economy, and good news will keep coming"
Zachary frowned deeply, he paced a few steps in his place before looking at Jasper seriously, asking, "What would you do if it were you?"
"Accept all the losses, then spend as much cash as possible to buy everything!"
Jasper lifted his head and looked at Zachary, the corner of his mouth slightly raised, making him look confident and crazy.
"Hansel's index will definitely surpass 18,000 points!"
Although he was mentally prepared, Zachary still felt a little outrageous in the face of Jasper's confidence.
"With this back and forth, there's at least a billion-level gap, are you sure it'll be as you think?"
Zachary asked seriously.
Jasper tapped his finger on the table lightly and said nonchalantly, "Master Law, if you believe me, just do as I say, Otherwise, if not, there's no point no matter how much I say!"