According to the Chinese concept, the time when the Carter family embarked on their return journey was to leave their hometown and return to the city on the first day of the Lunar New Year. It has a bit of a bitter taste of being a social animal...

After traveling across Mississippi and Alabama, the Carter family arrived in Douglas on December 26.

Facing the children running and playing all over the street, Carter was kicked out of the house by Jenny after returning home. In Jenny's words, "When I came back, I hurried to work and turned the possible profit into a certainty. Even if I couldn't make a profit, I would

Don't lose too much...

This made Carter dumbfounded. Although the market is open today, there is no such urgency! The gold market is not bad now, and it can still appreciate in value if you hold it in your hand.

Regarding this point, Carter told Jenny on the way, but the other party didn't listen at all. Instead, he plausibly said that even if he didn't sell now, he should prepare in advance, but what could he prepare? All futures contracts are stored in Kidder's account.

, Not in Douglas...

Carter, who couldn't resist Jenny, had no choice but to wander around Douglas after leaving home. He walked from 12th Street where his home was to 37th Street near the west side of the city. After thinking about it for a while, Carter gave up the idea of ​​visiting Kazim's house.

Thinking of this, he walked back to the bank again. After closing the door, he came to the office on the second floor alone, half lying down and recalling what he had seen along the way.

After wandering around for a while, Carter was not completely fruitless. He really became an American version of a gai. While strolling, especially when passing by various stores, Carter paid attention to the consumption situation of people in Douglas. During the Christmas period in the United States

Just like the Chinese New Year Festival, it is a very typical peak consumption season.

Under normal circumstances, the sales of ordinary stores in December can increase by at least 50% compared to November, and can be close to or even completely doubled compared to October.

But in the observation just now, Carter found that people's consumption this year is obviously much less than in previous years in the original memory. The number of customers in supermarkets and stores is not small, but the per capita consumption has dropped significantly, especially among children.

, reflected most obviously...

Small snacks such as chocolates are almost bought piece by piece. Chocolates in whole boxes or gift boxes are almost never touched by anyone.

Carter has always believed that compared to adults, the purchasing power of children on snacks can better reflect the real consumption level of a place. After all, for adults, firewood, rice, oil, salt, sauce, vinegar and tea are must-haves; gifts such as tobacco and alcohol are also welcome

The human touch and sophistication that comes and goes are indispensable. Only the money spent on snacks by the children is superfluous. The surplus is the truest reflection of consumption power.

If adults have more income, the pocket money they give to their children will naturally be higher. At least during this kind of festival time, they will give their children more pocket money so that they can have a happy holiday. Only when the economy is not good, can they meet their basic consumption?

Finally, when there is little money left, adults will be mean to children and cut down on their snack expenditure.

However, discovering this, for Carter, it has no real effect other than adding worry. In the blink of an eye, five days have passed, and it has come to the last day of 1979.

At the end of 1979, the rising trend of gold finally caught the attention of many interested people. Perhaps it was inspired and influenced by the soaring price of silver: "If you can't buy silver, I might as well just buy gold, which will preserve capital and increase value."

!”

After the market resumed on the 26th, the trading volume of gold increased significantly. Whether it is spot or futures, the trading volume has increased significantly compared with the trading volume before the holiday.

By the first trading day after New Year's Day in 1980, that is, January 2, 1980, the price of gold had reached a high of $634. The increase in the price of gold per ounce was exactly the same as when Carter bought it.

$100...

"Carter, do you decide to sell?"

"I...I...I'm not sure..."

With the previous example of selling silver early, Carter is really hesitant now. He can smell the danger behind this price, but the greed in human nature prevents Carter from making a decision.

The trading volume that has been rising all the way is mostly buy orders, and sell orders are very few. If you sell the contract at this time, it can be said that there is no difficulty in getting rid of it. Even in this kind of long market, as you increase the trading volume, as long as you

Instead of selling everything at once, you may be able to slightly push up the price and earn a little more Franklin.

But the same problem came. The current transaction situation and the unit price of gold were like a little devil, flying around Carter's head while chanting:

"Don't sell! Don't sell! It can still go up! Look at the market. Isn't it stupid to sell now? Do you still want to be like Silver, watching others eat meat while you eat soup?!"

At this time, on the other side of Carter's mind, another angel emerged from his heart:

"That's enough! That's enough! If you sell it now, you can already recover more than 20 million. After paying off the debt and removing handling fees, you will still have about 17 million left. What else do you want?!"

Then the little devil said again:

"Did you forget your taxes?!"

"If you're not sure...just wait! Wait another day and see. In addition, you can now consider hiring a full-time accountant, tax consultant, or tax lawyer. Don't worry about the money, be sure to hire a good one.

No...you can't hire a top-notch one now, so find an accounting firm and a law firm to serve you. With their help, they can save you a lot of money!"

"You're right, I won't feel bad about this. Do you have any recommendations?"

When previously communicating with Goodman on tax law issues, Carter learned something. That is, there are almost more tax lawyers in the United States than there are lawyers in China. In the future, nine of the top ten law firms in the United States will

Among the top three law firms with tax law business, tax law business is their core business and trump card business.

For the wealthy Americans, having an accountant, financial and tax consultant on their left hand, and a tax lawyer on their right hand is completely standard equipment! To put it bluntly, this is the double bonus stick of the wealthy Americans, haha, two generals...

When I didn't have much money before, I could still pay the taxes that were due, but the amount was not big anyway. But now, the investment income from this investment alone will exceed 20 million... Oh no, currently there is only

Seventeen million. If he pays taxes honestly, Carter's heart will ache.

Compared with the high tax rates clearly stipulated in the U.S. tax law, no matter how much money you spend on hiring lawyers and accountants, you won’t lose money. What’s more, if you cooperate with law firms and accounting firms and have them provide services, relatively speaking, it is only a single fee.

It's just a little more expensive, but it's still much more cost-effective than raising two full-time "idlers" by yourself.

"Of course, as for tax lawyers, I recommend Kravis, Sven & Moore, a law firm founded in 1819. In addition to tax law, they are also extremely good at serving general enterprises. Of course, the banking industry is not weak either. In addition, they are also very good at serving general enterprises.

, it is worth mentioning that they are very good at handling mergers and acquisitions between enterprises, as well as... bankruptcy and reorganization business. Reaching cooperation in advance will make it convenient for you for a long time in the future. Generally speaking, if you do not have the strength to hire a full-time professional

Before top talents serve you, they are the most cost-effective option."

Listening to Julian's words, think about the upcoming rise in fund interest rates and the future in which a large number of small banks will go bankrupt. Carter nodded in agreement. At that time, the annexation of those banks will indeed require the help of a law firm that is good at handling mergers and acquisitions. As for bankruptcy and reorganization

...Forget it, listen to me...
Chapter completed!