Chapter-15 : Wings ventures

Playing in Hollywood Richard didn't forgot about the vast opportunities around him. To achieve his dream of standing in top of Hollywood he need capital, lots of capital.

Perfect way to earn more capital is to invest capital, best place for investment capital, stock market.

Having a father like David, its quite easy to enter stock market, even better when you have certain degree of independent to invest money all you need to show is your not only a good author but a genius financial investor.

Warren buffet entered wall street at age of 9. why not you who's a genius enter at 5 and earn some money while at it.

-FLASHBACK-

Little Richard having breakfast with his parents, David reading newspaper while Hanna fixing breakfast.

"Dad"

"Yes son"

"you deal with investment don't you"

"yes"

"So, you work at wall street"

This time David fold the newspaper and looked at his son.

"How so you know this stuffs?" curious he asked.

"you see one day i was reading newspaper, i saw a world named investment so. I checked the dictionary.

Finding the meaning i got interested at it so looked at the books related to it, but couldn't understand half of it

Then i remembered you also do work related to investment."

Listing to Richard David was amazed but even more curious.

"Wow so, much hard work!!! But why are you interested in it"

"Because I want to see whats wall street looks like."

Seeing his excitement Hanna commented,

"Since little Ric is so excited just take him"

"Well Ric lets go to the famous wall street."

Finishing breakfast David took Richard to his office at wall street and showed what wall street inside looks like. Richard looked everywhere excitedly. Last time he saw this place was at previous life when David took him here, when he was 15 years old.

At the office Richard deliberately pointed a the section of silver future.

"Dad whats this about?"

"That's where people invest in silver future like the gold or oil future."

"Did you invest in it also Dad?"

"Of course"

As the silver prize was volatile last two months and when it entered march fluctuations became even insane which attracted many capitalists, so David like other seeing the situation started trading in silver future.

"Can I invest as well."

"You want to invest in Silver future"

"Yes"

"Do you know the time right now is risky"

"I know its risky, i want at least try."

"How much do you want to invest?"

"Well while righting for NY Times i got around 10,000 USD, I will invest that. Please that can I invest."

Seeing the excited but hopeful face David sighed.

"Fine. But don't be sad when when you make a loss."

"I wont promise."

After giving permission David took Richard money and bought silver stock at price of 28$. The price of silver fluctuation got worse following week many stared selling the last bit of their share, David also sold his most , leaving few with which he bought with Richard.

As Richard stubbornly kept his so, David kept his what left So that when Ric have a loss he can share the pain and making Ric get less hurt but learn a lesson from it.

But on 26 March Ric called David at the office to sell his stock before market closes. David sold Ric's stock at 45$ increasing Ric's capital by 142%. Seeing the result even David was surprised.

Before going to office Ric asked David to buy Gold future and to buy oil future with money he got form the book that he recently published.

When David went office surprise was waiting for him, with the market open the price of silver fell hard shocking everyone and created a panic. But the gold also fell as well due this panic , seeing the situation David panic a little but remembered Ric's reminder And bought Gold when price was still low.

But the gold market resat few hours later, in fact it increased by at the 50% when market closed. increasing the capital of not only Ric but also David by 10 times.

-FLASHBACK-

David was surprised at that time when he saw the potential at his son's institution when he asked his son how did he do it. But Ric farther cemented it by few other successful investment in the stock market, especially when he bought Apples share after it went to market.

After that using the fund that gained by both father and son establish a company overseas name "Wings ventures" on his sun's wish for not to show his other income source to the public.

This company will deal with all Ric's investment, although he is the owner but on official papers he is one of the major client of this company.

After the establishment of the company, Ric invested half the fund of the company in oil and gold futures and rest in Stock market bring in huge profits and brought a huge amount trust of his father but also made his father more famous resulting in gaining funds from other potential investors.

Over the years as company's fund grows he invested more in stock-market and bought shares of the companies which have huge market value in the future such as coca-cola, Walmart etc.

And by 1984 Wings ventures fund increased five fold also kept a high profitability making it a famous raising company in wall street.

Ric by 1984 had total about 250 million USD in the account after tax which came from the books he wrote up until now, stage plays , film and investments.

As for the biggest opportunity as of yet in the coming year he has started to spend all his 200 million USD bit by bit and convert it to JPY and invest it on its stock and real-state market step by step starting from this year by buying not only stocks of different companies and land but as possible to get controlling stake by buying the as many shares from the profitable game or comic companies.