Chapter 872 - 651: Wealth Captivates the Eye
Chapter 872 - 651: Wealth Captivates the Eye
"Damn it! Why are New York’s housing prices skyrocketing like this? The lowest price is 2,000 US dollars. How long do I have to work to save up that 2,000 dollars?"
"If I can’t buy a house this year, who knows how high the prices will go next year. Is this even a life that people can endure? I beg God to take away those damn capitalists. This is truly a hell for ordinary people!" Inside a coffee shop in downtown New York, a well-dressed employee complained bitterly.@@@@
"All right, Hank, this is the seventh time you’ve complained today," a coffee shop employee said, bringing a cup of coffee to the table next to her, and then teasingly said to the man named Hank:
"If you ask me, you might as well take all your savings and invest in real estate stocks. Scott Real Estate’s stocks are rising daily, and it’s not impossible to make a few hundred dollars if you’re lucky."
"I wish I could, Donny. But don’t you think the stock market in New York is too crazy? As long as it’s real estate, the stocks are rising. Doesn’t that clearly indicate a problem?" Hank shook his head, rejecting Donny’s suggestion to invest in stocks.
"Then drop this damned subject, Hank. Why not talk about your work?" Donny, having finished his tasks, sat opposite his friend Hank and proposed with a smile."
"Oh no, that topic is even worse than today’s weather. I don’t like today’s smog, and I like that damn job and that stingy boss even less." As he spoke about his work, Hank opened up and ranted non-stop.
The United States is a capitalist country through and through, and the exploitation of ordinary people by capitalists is quite brutal.
And don’t compare it to the United States of later generations, which at least has some achievements in terms of human rights and democracy and doesn’t appear so cruel on the surface.
Currently, human rights development isn’t so official, and the only way for people to declare their rights is to initiate protests against the government.
"Enough already, you," Donny said, somewhat impatiently shaking his head, quickly cutting off Hank’s long-winded rant, somewhat annoyed: "You didn’t come today just to vent to me, did you? I don’t have time, I’m busy with work, and if I get a complaint, that would really be the end."
"Damn it, aren’t you worried about New York’s housing prices? Based on your income, it would probably take you more than ten years to buy a current apartment, right?" Hank asked, somewhat puzzled, as his friend should not be without any sense of urgency. After all, with housing prices continually rising, it is people like them, who have not yet bought houses, who should be the most concerned.
"Didn’t I tell you? I bought a large amount of real estate stocks as soon as they went up, and I’ve already made a decent income. Based on the trend of the real estate stocks, I’ll be able to buy a house in a few more months," Donny said, smiling mysteriously, not at all worried about being unable to afford a house.
Regardless of whether there’s a problem with this surge in real estate stocks, as long as it brings income, Donny sees no issue with it.
After all, everyone is just an ordinary person; making money is the real deal. Whether there’s a problem or not isn’t something ordinary people can determine.
"All right, you’ve got a point. So, how much have you made from stocks now?" Hank, who originally had no intention to buy stocks, was swayed by his friend. Instead of worrying about the potential issues behind the stock market, it’s better to take advantage of this rare opportunity to make some money.
Money in hand is real; and instead of worrying about unconfirmed issues, it’s better to pad your wallet a bit thicker.
Donny, curious, promptly pressed, "Buddy, how much did you invest?"
Hank smiled and held up a finger, revealing a mix of pride and smugness as he declared, "I put all my savings into it, a full 1,000 US dollars."
"Damn, given the recent increase in the stock market, you must have made at least double that!" Donny envied his friend, who despite joining the stock market later, had more principal and thus earned more.
"Cut it out, Donny. Don’t I know you? Looking at the recent surge in Scott’s real estate, you must have earned more than me, perhaps 2,500 dollars including profit?" Hank shook his head dismissively, addressing Donny who was still pretending to be poor.
"Speaking of which, Hank, when do you plan to call it quits?" Donny inquired with a hint of curiosity.
Initially, it was because Hank was cautious that he missed the best opportunity to enter the stock market.
Now, having earned enough to buy a house, Donny was very curious about when Hank would end his involvement, cautiously exiting the now frenzied stock market.
"Let’s wait and see for a while longer, buddy. The way the real estate market is rallying right now, 2,000 dollars’ worth of stock is yielding an income of over 20 dollars a day, which is just insane! God wouldn’t forgive me for missing such an opportunity, it’s practically the best gift God has given us," Hank said with a light shake of his head and a smile.
"But didn’t you say there was something wrong with the increase in the stock market? Aren’t you worried that one day—" Donny stopped short of voicing something inauspicious, after all, as stockholders, they certainly wanted to see their stocks continue to rise.
"It’s true, but the stocks have been rising for a month straight now, how could they possibly stop tomorrow? Buddy, nobody is leaving the stock market at the moment. Missing out on such a great money-making opportunity would be truly heartbreaking. My demands aren’t high, just to make enough for two houses, one to live in and one to rent out, that’s all I need," Hank said with a laugh.
The market price for a house was around 2,000 dollars, so two houses would cost about 4,000 dollars.
For the average person, just earning enough for two houses in New York City would suffice for living.
After all, houses were still appreciating in value, and the other house would be an investment, which could bring in more income when it became valuable enough in the future.
"That’s a really good idea." Donny nodded, speaking openly to his friend, "I had pretty much the same thought. The thrill of making money on the edge of a knife is truly exhilarating.
Since the initial investment was only 800 dollars, if I can make a lifetime’s earnings from this, then it is an opportunity no one should miss.
By then, there would be no need to work for those greedy capitalists. Isn’t it better to start our own enterprise, earning money for ourselves? The freedom of that thought is exhilarating."
Hank nodded as well, as the two who were both dissatisfied with their bosses’ exploitation undoubtedly shared the same stance.
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