New Generation Housing Finance Utopia
New Generation Housing & Finance UtopiaIn the past few months, there was consistent negotiation for creation of a housing & financial Utopia. Last Friday, Oct 24, 2020, Michael Smith, the chairman of Style Construction Co, and John Abraham, the Cubat island owner, had given permission and their support to create the New Generation Housing & Finance Utopia. I was very fortunate to be the manager of this construction. It would my pleasure to present you the ideal of this goal and how it function.
New Generation Housing & Finance Utopia will be a heaven residential area and a secure financial market, which is closely associated with the world markets. We will have 500 elite world companies in this Exchange, such as AT&T, Microsoft, Intel and etc. As we have witnessed in this century, many investors were eager to increase their profits, they began to invest dangerously with undocumented speculations. Rumors such as the merger of MCI WorldCom and Charon Communication had stock prices increase dramatically in few weeks, up 150% from previous month. MCI WorldCom chairman, Bob Wilson disclaimed the false allegation. “We have never in any way discussed with Charon about the possibility of a merger. We feel very confident with our position in the future.” Wilson said. Undocumented speculation caused the unsubstantial rising of MCI and Charon stock prices. When the truth was being told, a major correction was inevitable for MCI and Charon, they dropped 200% from it’s high. The speculators sold their shares before the announcement was made, since they knew it was untrue. They were profited handsomely from this trade. However, the investors, who believed in the rumor, were the buffer of this deal, meaning the ones who helped the speculators made money, but lost wealth of their own. A few investors, who lost all their money, found no way out but death. Dick Peterson, in debt of Margin loan, jumped from 30-story office building for an immediate solution to his problems. Others gathered in the streets outside the Stock Exchange to learn how much they lost. Margin loan was buying number of shares with partial of your own money, and borrow the rest from brokers.
As you could see, danger investment led to tragedy. Our goal of New Generation Housing & Finance Utopia is to provide our investors a safer environment to invest in. We will eliminate undocumented speculations. Any news you hear is base on credible and legal announcements. Whoever in any way or form, try to mislead a false speculations will be fine severely and will be forbidden from the Utopia. Some features in this new Exchange will be different from other markets. Margin loans will be bended to prevent risky investment. A new loan call Accommodate loan will...
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