Rebirth in the 50s: The Couple with the Hidden Space novel Chapter 1287

Chapter 1287: Chapter 1159: The Leverage Effect

A week later, a flock of little pigeons appeared in the small courtyard of the hutong. Although Doctor Hu said he was raising them, he’s not a settled old man; the task is still handed over to Uncle Hu and Aunt.

On one side of the yard, a newly opened small medicinal garden was filled with transplanted clusters of flowers and plants. A tank of goldfish was raised, and the television set had passed its most treasured period.

Zhou Jiao was embarrassed for him!

Poor Uncle Hu and Aunt, the couple has had a hard time.

However, recently the old man has become fond of going to listen to opera with his old mates. Hmm, quite a few quirks, a bunch of old men even wander together to the suburbs to watch open-air movies...

A few days passed, the weather turned cold, and Zhou Jiao was worried that the cold might take a toll on his body. Unexpectedly, the old man came up with a new trick.

—This time it’s because the newspaper is bringing up cultural relics management policy every day; he’s off treasure hunting in old residences with his old friends.

Seeing him happily bringing home junk every day, with a few old men gathering to show off, the whole person looks spirited. Zhou Jiao felt relieved.

—Her master who has been living in the secluded mountains has already reached one hundred and eight years old and is still alive and kicking. Her mentor should be able to as well.

Time suddenly slid to December 5th. At this moment, the lunar calendar was already October 28th, and Beijing had already experienced multiple snowfalls in winter.

And this day was the agreed time for Zhou Jiao to call Miao Tianming.

"Sis, this wave of oil futures now has a very impressive profit. Efra reported to me after the closing yesterday; the total has already reached over 50 million US Dollars."

"Very well done."

Zhou Jiao was unsurprised at hearing this. Initially, she pooled 250 thousand US Dollars to invest in gold futures, explicitly and covertly, together with Yi Jiefang and three others.

Upon exiting gold futures, the funds after profit reached over 600 thousand, after deducing the residual and remitting back to the country, it was fully redirected into oil futures.

Until this year, before activating futures leverage, within just over half a year, compound interest had turned it into approximately 2 million US Dollars.

Later, she extracted 200 thousand from Yi Jiefang and the three others’ funds as one contract, leaving her own 1.8 million US Dollars but activated a 200 times leverage limit.

According to the messages she gave, there’s really nothing too surprising about having over 50 million.

This is the charm of futures!

Unfortunately, this still isn’t the taxed total. Once deducted the high overseas tax rate, it’s far from her expectations; it seems there’s still more to do.

Praised by Zhou Jiao, Miao Tianming immediately burst into laughter. "Hahaha, it’s okay; these three months have only been three deals. Sis, what about next?"

Yesterday Efra called me; he’s still bullish on the market. But he also mentioned it’s best to ask the big boss what she thinks. Nowadays, he greatly respects you, this mysterious boss."

Zhou Jiao shook her head with a smile.

Efra is the manager she picked for herself. The other party is still not thirty, initially, the data had three candidates, she took a liking to his age at first sight, second, the name wasn’t bad.

For her, a candidate who can firmly execute her command is sufficient, doesn’t need to be outstanding, just needs to be tight-lipped and straightforward. The youngster hasn’t disappointed her.

A decent fellow indeed.

Before, she asked for Yi Jiefang’s four opinions, found they didn’t want to risk activating leverage, hence added more trouble to Efra. This youngster, without a word, opened another initial capital futures contract.

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