Chapter 297: 135, head to America! Make money and fire the first shot in the counterattack against Chen Shanhe!_6
My sister understands stocks and finance, which came as an unexpected surprise for Lin Mo.
Lin Mo had not anticipated that among his family members, there would be such an array of talents!
The optimistic and open-minded father-in-law, the mother-in-law who could tutor Lin Xiaoxiao, Zhang Li with his disguise and investigation experience, and the little sister knowledgeable about stocks!
Very good,
it seems that he would no longer have to struggle alone in the future!
After considering for a moment, Lin Mo asked Lin Siyu, “So let me test you, tell me, what is the difference between the Grand Xia Country exchange and the America exchange?”
Although the others around them did not understand stocks, they were intrigued at this moment and all turned to look at Lin Siyu.
“This is basic knowledge, brother, you think this can stump me? Hmph, watch me explain it from the beginning,” Lin Siyu organized her thoughts and started to explain in simple terms: “Firstly, the most general concept is the different structures of the securities markets, America is a pyramid, while ours is an inverted pyramid.”
“At the top of America’s pyramid is the NYSE New York Stock Exchange, while our corporations that want to raise capital must go to the main board to list, unlike overseas where a substantial amount of financing is done off-exchange, here a large amount of financing is done on the main board, which also leads to the spectacle of countless enterprises lining up to list.”
“And there’s more…”
When Lin Siyu began her explanation, not just Li Jinwen and Zhang Li, even Lin Mo who had self-studied for two or three days could not understand.
But as she started to analyze and explain one point after another, Lin Mo finally had a general understanding of the financial models of the two countries.
After Lin Siyu had finished explaining what she knew, she continued, “Brother, actually, the knowledge I have is just the tip of the iceberg, the best way to truly understand the stock market is to get hands-on.”
“However, brother, if you’re considering investing, I suggest you choose America’s exchanges as they are better.”
“After all, our stock market has too strong a speculative nature; everyone is looking to make a quick profit. You’re eyeing the market makers’ profits, and the market makers are equally eying your principal.”
Lin Mo nodded; this was in line with his thoughts.
Moreover, if he wanted to get more information about stocks and funds, it was best to go to the location itself. Otherwise, just relying on news and videos, the information obtained is inevitably limited.
There’s another key point:
Money earned overseas would also be a bit safer to use, unlike in Grand Xia Country where his funds could be fully monitored. If transaction fluctuation were too great, it would certainly attract higher-ups’ attention, and might also be noticed by Chen Shanhe.
This was another important reason why Lin Mo had previously handed those jewels over to Dark to handle.
After listening to his little sister’s rather professional explanation, Li Jinwen, somewhat confused, asked, “Hubby, I’ve been meaning to ask, why are you suddenly interested in stocks? Are you planning on investing in stocks?”
“Yes, that’s right, it is something Uncle Tai suggested I learn,” Lin Mo said with a nod and took the opportunity to also share his plans to go abroad for some time, “Besides, I’m planning to make a trip to America to get a deeper understanding of the stock market.”
Worried about the family’s concerns, Lin Mo added, “Uncle Tai has a specialized investment bank over there, he asked me to familiarize myself with it first, and then he will guide me in making money.”
“Money is very important for our family; in this world, although money isn’t everything, one cannot do without it!”
Going abroad?
Upon hearing this news, the expressions of the family members one by one gradually changed.
Li Jinwen voiced her concern, “Hubby, I’ve heard that it’s quite tumultuous abroad, and besides, can’t stock trades be completed online? There’s no need to actually go there, right?”
Indeed, Li Jinwen was not mistaken; one could control American stocks even while in China.
After thinking a moment, Lin Mo explained to Li Jinwen, “Wife, this is my thinking, it’s not just about making money abroad, I also want to broaden my horizons. If one day we face greater danger, it’s also necessary to be familiar with foreign lands to have an easier time escaping.”
After hearing this, Li Jinwen slightly frowned and nodded her head.
She also knew that everything Lin Mo was doing was for the family.
After a pause, Li Jinwen asked again, “Then how long will you be gone this time?”
Lin Mo shook his head: “I don’t know for how long as of yet, but if you’re willing, we could go abroad together. It would be convenient for things like prenatal checkups there. I’ve heard from Uncle Tai that there are many private hospitals on that side, you just need to pay, and they won’t ask about your background.”
Li Jinwen, of course, wanted to go with Lin Mo, but for some reason, she always felt apprehensive about going abroad.
And if she left, what about their daughter?
Should they leave their daughter with her grandparents?
At that moment, Lin Siyu excitedly asked, “Brother, can you take me with you? I’ve lived this long and have never been out of the country.”
“Besides, if you encounter something you don’t understand about stocks when you’re there, I could still give you some advice.”
“Sure, anyone who wants to go can come.”
Lin Mo readily agreed and then reassured Li Jinwen, “Wife, what are you worried about? Our daughter? Don’t worry about her; she’ll come with us. Traveling thousands of miles is better than reading thousands of books.”
“I think, while we show her the world, we can also teach her some life lessons, which might just be better than what she’d learn from the test-oriented education in school.”
