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Chapter 52 Losing Money
The more than 4 million US dollars inherited from the "family fund" at the beginning has more than doubled after Locke's operation during this period of time.

Before coming to New York, Locke actually had no plan to leak the news.

But after meeting Martin Channing, Locke knew that the news was no longer a secret in the eyes of some people, so he prepared a court package for the unprofessional stockbroker.

The lawyer hired by Locke will file a complaint for leaking customer information and give a compensation bill that the other party will never be able to pay.

Even if the evidence is limited, the lawsuit will continue until all the property of this gentleman is spent in court, making him completely bankrupt.

But even so, Locke knew that this secret was no longer a secret in the eyes of many people, and those who should know would know it soon, so he simply stopped hiding it deliberately.

The 2000 million US dollars was used by Locke for short-term investment. The rest of the funds were invested by Locke in several target companies and successfully became shareholders of these companies.

He is not planning to participate in the management of these companies for the time being, but intends to hold them for a long time, support the successful management in the previous life, and ensure the development of these companies.

Knowing that they were working for a young billionaire, everyone exploded with enthusiasm.

Although the hundreds of millions of funds are personally managed by Locke and there is no management fee, even if he just chooses to invest steadily, the 5.00% dividend is enough to support the company to ensure normal operation.

The most important thing is that this fund confirms Locke's status as a super-rich second generation in their eyes. This identity also represents a wealth of contacts. As the boss, Locke must know many rich people and can attract investment more easily.

They obviously misunderstood. Locke doesn't have any special contacts now, but Locke believes that with this 2000 million US dollars, the company will be able to get a lot of dividends just by relying on the income from future investments.

The income from the investment belongs to Locke himself and is used to continue investing in the target company.

Most of the dividends received by the company will become Locke's own bonuses and various benefits in the company. After that, most of Locke's expenses will be legally charged to the company's account, or become Locke's personal bonus.

The remaining small part will become the company's operating funds and their bonuses.

As for attracting investment, Locke is not worried. As his fame spreads, someone will naturally pull Locke into the corresponding circle, and he can slowly manage his contacts.

Perhaps this will take some time, after all, Locke's main business is not these.

But one or two years is enough for Locke to make initial acquaintances and establish contacts. The key is to prove his investment vision through the investment of Sky Fund.

As long as he sees the rich returns from the investment in this project, Locke can take advantage of the trend to launch a brand new project and persuade those investors to hand over the money on hand to Locke.

Naturally, the conditions of these projects cannot be the same as Locke's own funds, and the management fees are the same.

He can fully guarantee the principal and fixed income, as long as the rate of return is higher than those stable investment funds on the market, it is enough.

There are not many investors in the United States who like stable income. When the time comes, Locke will use the funds of these people to invest and obtain rich income. He only needs to give investors a fixed amount of income to borrow chickens to lay eggs. It is a completely costless business.

No matter what, the five employees here are no longer looking at Locke with suspicion at this time, and their attitude has become respectful: "Boss, what are we doing now?"

Locke waved his hand: "Of course you have to start working, otherwise I will pay you wages for what.

Now give me the list of the rest of the company's clients. In addition to the project I personally manage, there is also a new project, and we will only operate this project in the future. "

Locke is also planning to implement the fund project that guarantees the principal. Even if there are not enough investors, it can be used as a preview. The key is to make a good demonstration.

"Now I will give you a demonstration first." After getting the client list, Locke came to a desk and unbuttoned his tie and suit, as if he was going to do a big job.

The remaining investment clients of Sky Fund Company are only a dozen or so, and there is only one piece of paper with the amount, name, bank account, contact information, etc. written on it.

Then everyone watched Locke pick up the phone and dial the number, not knowing what he was going to do.

After the call was connected, Locke quickly said: "Hello, Mr. Henry Spielt? I'm sorry to disturb you at this time. I am the new president of Sky Fund, Locke Lee."

"No, no, no, you misunderstood. There is nothing wrong with the funds in your name. If you insist on giving up the high return, I will arrange for someone to deposit the money into your account tomorrow."

An employee was ready to read Locke's jokes. Mr. Spielt was a customer he developed. He is a hot-tempered old man. He invested 30 US dollars last year, and now he has lost [-] US dollars. Every time he calls, he has no good words. .

Locke signaled everyone not to speak, pressed the speakerphone, and then came an angry voice over there:
"You Wall Street devils, whores, sons, don't try to trick me into buying more, you just want to cheat me of my money..."

Without letting the other party continue, Locke interrupted at this time:

"That was in the past, now the Sky Fund has been bought by the new owner, the new owner is a super rich, very rich kind, with a net worth of more than a billion dollars.

We are now launching a new product, which will buy the stocks of companies such as oil, natural gas, General Motors, and Boeing Aircraft, and invest in futures and foreign exchange at the same time, and realize the principal guarantee through hedging.

We can guarantee the principal, and in addition, a fixed annual dividend of [-]% of the principal.

Everyone knows that depositing money in the bank is only a pitiful fraction of a percent, and the national debt is only [-]%, and the income of those stable funds will not exceed [-]% at most, and they cannot even outperform inflation. .

And our new product guarantees that you will never lose your principal. If you lose money, we are willing to compensate yourself. In addition, there will be a high dividend of [-]% every year.

This is mainly because the new boss considers giving such favorable conditions in order to make a name, improve the company's reputation, make up for old customers, and reduce your losses.

I guarantee that there is no safer and more cost-effective financial product in the United States. For ordinary investors, each person can only buy a maximum of 50 US dollars. "

Hearing that the guaranteed principal and the annualized dividend reached [-]%, several employees couldn't help frowning, because they knew that this condition was too generous, even higher than the interest rate of many commercial loans in banks.

A 15.00% return is okay. Foundations under their names like Martin Channing usually promise an annual return of [-]% to [-]%.

The foundation draws 20.00% of the income as commission and daily operating expenses.

Of course, this kind of investment is usually accompanied by huge risks. Among the bankrupt sisters, the reason why Martin Channing screwed up is because his annual income can reach about [-]%.

This is almost impossible, because the rate of return is unbelievable. Let alone veterans and investment companies in the industry, people with a little knowledge will know that most of the companies that report this rate of return on investment have problems.

But there are always people who are greedy for high returns and take risks for this.

In order to guarantee the income, Martin Channing can only make a fake, trick more people to invest, and use the money of the later investors to pay the income of the previous investors.

In the end, the balloon got bigger and bigger, and it became a typical Ponzi scheme.

This is actually a guarantee, and then there is a profit share, but it will not be clearly written on the contract, but will give investors such an impression through publicity and fraud.

Don't even say ten percent, if the annual return on investment exceeds 5.00%, you must be more careful.

But Locke gave a fixed promise of [-]% of the income and guaranteed the principal, which inevitably made them suspect that Locke would definitely lose money if he did so.

(End of this chapter)