On the second day after the Plaza Accord was signed, the foreign exchange market reopened, and immediately there was a bloody storm.
The exchange rate of the US dollar against the Japanese yen changed from 1:250 to 1:228 in just 3 days, and the Japanese yen began to appreciate rapidly.
Bai Ruoxue smiled from ear to ear as she received the good news from ear to ear:
"Teacher Fang, Mike called just now and asked me to express my gratitude to you on behalf of his family. Thank you. They followed the advice and invested in Japanese yen, so that their family’s assets were not greatly affected by the depreciation of the U.S. dollar.”
“This is also due to Old Mike and his unconditional support for me. Trust.”
Fang Yan smiled, "After all, no matter how brilliant my suggestions are, it will all be in vain if they don't adopt them."
Bai Ruoxue nodded in agreement, and then conveyed Luo Dian's question:
"You Have you ever thought about what to do with the money next? ”
“Of course it’s investment.”
Fangyan will not act blindly, so he must carefully consider the position returns, investment flexibility, etc. Risk diversification and a series of other factors.
"Luo Dian and I think so too."
Bai Ruoxue asked about his investment direction.
Fang Yan said without hesitation that the first plan he had thought of for a long time was to invest the yen he earned in Japanese real estate.
The bubble era is coming, and an unprecedented construction boom will soon break out in Japan. The real estate and property market in Tokyo, Kyoto, Osaka and other places are undoubtedly one of the best investment options, even crazier and more extreme. It is entirely possible to mortgage the purchased real estate to the bank Banks, or other financial institutions, continue to invest in real estate, step on the left foot and the right foot, and spiral upward. The only fly in the ointment is-
The risk is too high, just like stepping on a tightrope. If you are not careful, your funds will be lost. If the chain breaks, a "trapeze" must be staged.
"Real estate is indeed a good place that is both safe and value-added."
Bai Ruoxue changed the topic and reminded that Japan now has many restrictions on foreigners buying real estate in Japan.
Fangyan also knows this. For loans alone, a person with Japanese registered residence must act as a guarantor.
The real estate properties I purchased in Japan were all guaranteed by Matsuzaka Keiko, Kurihara Komaki and others.
If you want to get rid of the constraints and take advantage of the loopholes, the easiest way is to put all the houses in the name of Matsuzaka Keiko. You must know that when a restaurant proprietress was trading stocks and real estate, twenty or thirty companies in Japan The amount of loans given to her by banks exceeded 2.8 trillion yen.
Even the king of Brunei, the manipulator of oil-producing countries and the richest man in the world, had total assets of only about 350 billion yen at the time.
Of course, I will definitely not let Matsusaka Keiko take this risk, but investing in Japanese real estate is imperative.
“Teacher Fang, I don’t think you can just put your eggs in one basket.”
Bai Ruoxue reminded: “Especially in real estate like real estate, when the time comes, funds may not be able to flow. "
"You mean diversified investment?" Fang Yan frowned, "Where to diversify? Japanese stocks?"
"We don't understand Japanese stocks."
Bai Ruoxue said: "As for U.S. stocks, the U.S. dollar is depreciating sharply now, and the income from investing in U.S. stocks will also shrink accordingly."
Fang Yan was surprised: "Then where are you planning to invest in the stock market?"
"What do you think of Hong Kong stocks?"
Bai Ruoxue looked confident.
"Hong Kong stocks!?"
Fang Yan raised his eyebrows.
“Yes, the exchange rate of the US dollar against the Hong Kong dollar is fixed. When the US dollar depreciates significantly, the Hong Kong dollar will appreciate accordingly.”
Bai Ruoxue analyzed: “And Hong Kong stocks It has bottomed out recently and is likely to enter a long bull market.”
Is love in late autumn?
Fang Yan pondered for a long time, recalling the information he had collected from newspapers and TV.
Today’s Hong Kong stock market is different from that of later generations. There is not just one Hong Kong Stock Exchange, but four: the Hong Kong Stock Exchange, the Hong Kong Stock Brokers Association, the Far East Stock Exchange, and the Gold and Silver Stock Exchange. However, the four associations completed their initial merger in 1980.
The new company after the merger was the Hong Kong Stock Exchange, but five years later, it still has not officially opened.
This is the first unstable factor. The second unstable factor is that although the "Joint Declaration" was signed last year, the ownership issue of Xiangjiang has been finalized. The Hang Seng Index immediately rebounded to 1,000 points and closed at the end of the year. 1200 points, and continued to rise in the first half of 1985. However, as Overseas Trust Bank and Industrial and Commercial Bank of China stepped on thunder in June, the two companies were suspended from trading, and their stocks instantly disappeared, which greatly dampened the confidence of investors. The Hong Kong stock market, which had been making great progress, "hit the rocks", and the stock market fluctuated up and down. , arguing repeatedly in the low post.
It was not until July and August that the Hong Kong stock market gradually recovered and ushered in a small bull market.
"I also know about the affairs of these two banks."
Bai Ruoxue said: "They are not poorly managed, but they fell into a scam called 'cheque wheel'. "
Fang Yan nodded. The so-called "check wheel" is to use a check that can be cashed to provide a margin for transactions by taking advantage of time zone differences and the time differences required to process checks in various places. But after the transaction is completed, Immediately withdraw funds from the account so that the check cannot be cashed.
“So this is only temporary. When investors’ confidence is restored, based on the current situation, Hong Kong stocks have a lot of room to rise.”
There was a bit of determination in Bai Ruoxue's tone.
Fang Yan thought about it carefully. Although he had no memory of the Hong Kong stock market trend in 1985, he vaguely remembered that in "The Big Era", Fang Zhanbo played a small role in the trading hall of the Hong Kong Stock Exchange that year, and Chen Taotao set fire to the serial boat together and blew up six of Chen Wanxian's old men.
The Hong Kong stock market at that time was naturally in a good situation, and it seemed that Hong Kong stockholders were so arrogant that they would fish for shark's fins.
I have thought about this, but I still have concerns. Even if I know that there will be a bull market that will last for several years, which stocks should I invest in?
"Teacher Fang, we can invest in Towngas and Hutchison Whampoa..."
Bai Ruoxue has many family treasures.
“Why these ones?”
Fang Yan cast an inquiring look.
Bai Ruoxue said that after the signing of the "Joint Statement", in order to stabilize the economy of the Hong Kong market, many Chinese-funded bosses took action and acquired companies from British-owned companies. For example, the "Hong Kong Stock God" Li Zhaoji invested in the entire Hong Kong market The only city piped gas company, Towngas, had "shipping king" Bao Yugang acquire Wheelock, which was once a long-established British-owned foreign company, and so on.
“Let’s study this further. Do you have any other ideas?”
Fang Yan poured a glass of water for the two of them.
While taking the cup, Bai Ruoxue said that the real estate market in Xiangjiang is also picking up, and it is an excellent opportunity to buy at the bottom. However, the problem is that the land cannot be developed after buying it, and not only are there not enough new properties for sale, Moreover, the location and quality are also uneven, so it is better to invest in Japanese real estate.
So instead of investing in the real estate market, it is better to invest in office buildings and commercial centers, but the only drawback is that a large amount of money needs to be deposited.
While the two were chatting heatedly, the doorbell rang suddenly.
When Fang Yan opened the door and took a look, he saw that Gong Zhen's face was red with anger and his cheeks were bulging, like a powder keg that might explode at any time.
"What's wrong? Who made you unhappy? Is it from the crew?"
"No, none of them, it's the taxi driver."
Gong Qie complained angrily The drivers in Xiangjiang are not very clean. Not only do they manually jump the meter, but they also rudely wipe out the change when changing money. They even deliberately give less money. What’s more, they have a bad service attitude. They simply “think I’m getting money for taking a taxi.”
“This is how taxi guys in Xiangjiang are, and they are also like this to the local citizens.”
Fang Yan handed over his untouched water, “To calm down the fire, there is no need to worry about this. This kind of person is angry! ”
"It's really too much!"
Gong Chou took a sip of water.
"How about taking advantage of the opportunity of the foundation being established in Xiangjiang to buy a car in the name of the foundation?"
Bai Ruoxue suggested: "When there is a need for a car, Sister Gongjie , Teacher Fang, and we can all take it and use it."
Gong Qie hesitated for a moment, "But I often hear people in the crew say that parking in Xiangjiang is not easy, especially parking spaces..."
"Parking space!?"
Fang Yan's eyes suddenly lit up and he stared straight at Bai Ruoxue. He saw her belatedly wake up and clapped her hands excitedly. (End of this chapter)