chapter 28
< Knowing when to bet is key to success >
Park Jae-seop, manager of Daebak Securities, still shudders when he thinks of that time.
‘An investor like a monster who has never lost a single loss.’
Ha-yeon’s father When I think of him, I wonder if there really is a god of stocks. It was only a month, but I did not lose a single stop even though I traded every day.
‘I don’t think it’s even an insider transaction.’
The subject changed each time. They ranged from small companies to medium-sized companies and even large corporations. It was impossible for one person to secure inside information and invest at the right timing, including numerous companies, even large ones.
That’s even more so for a single day.
A man loved by the stock god. I couldn’t help but think like that.
‘I would like to meet.’
I wanted to meet him and plan big things with him. But he hid. Despite being offered a position for rolling 30 billion, he suddenly disappeared.
His personal information could only be used for award purposes, so he could not contact him personally. But I did keep his phone number in my head, just in case.
‘The money must have increased by now, right?’
He is a man who turned 10 million won into 360 million won in one month. Two months had passed since then, so I had no idea how much it would have increased.
‘I’ve had worse bowel movements since then. I wouldn’t have suffered a loss though.’
He looked into his stock account.
[1.55 billion won]
Instead of persuading his wife to put in savings, the money was rolled into stocks. Except for the house I live in now, it was no different from all my possessions.
However, by his standards, it was far from sufficient to prepare for old age and pass on wealth to his children.
‘Why did I give birth to three children…’
He is 45 years old. It was a wealth he accumulated while living a busy life. If he had the ability to do stocks properly, he would have been a trader who could receive more incentives, but he did not have the ability.
The knowledge I learned while majoring in economics was of no use in the stock market. He had lost a lot in his youth, but now he was earning little more than bank interest on defensive investments.
‘If I had the same ability as Ha-yeon’s father…’
A feast of blue color filled the stock account screen. On a yearly basis, it made a profit, but this month it suffered a -3% loss.
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Just looking at the screen made me sick to my stomach.
‘I wouldn’t want it if I earned even 3.5%, let alone 35 times a month.’
While he was searching for the next event while soothing his bitter stomach with the fruit his wife provided, his cell phone started ringing.
‘Who’s calling in the middle of the night?’
He frowned and reached for his phone. He opened his eyes wide as he checked his number, hoping it wasn’t the company.
It was an unfamiliar but familiar phone number.
‘Ha-yeon’s father!’
I hurriedly pressed the call button. I was afraid that the connection sound would be disconnected, and my hands were sweating.
Click-. Silence passed with a sound.
I hurriedly opened my mouth.
“I am Park Jae-seop, general manager of Daebak Securities.”
{hello. I’m Ha-yeon’s dad, do you remember?}
‘It’s real!’
Park Jae-seop’s hands trembled.
‘How did this happen? Did the god of stocks hear my voice and contact me?’
He cleared his throat again and opened his mouth.
“Of course I remember. What did you call me for?”
Park Jae-seop’s voice became lively.
***
There were times when you had to make a request despite your shame. After kicking the proposed position, my face was itchy to contact him after a long time.
But now was the moment.
‘I have to get a special reward somehow.’
sure that too.
If you invest using receivables, you will be able to earn close to 20 billion won. However, if you’re unlucky enough to get returns that are too low, you could fail.
‘Never miss it.’
I wanted to get a more reliable reward, so I decided to do my best.
To increase revenue, they had to borrow money. In such a short time that there is no review time.
Time was still passing.
[Time limit: 3 days 15 hours 10 minutes 24 seconds
Remaining amount: 8,674.53 million won]
The first thing that came to mind was my parents.
‘You raised me so far, but ask me to lend you money again? No matter how shameless it is, it’s not.’
All my parents were left with was a house in the countryside worth less than 100 million. It would take time to borrow money using it as collateral, and above all, he was disrespectful to his parents.
The second thing that came to my mind was Im Hanul.
‘Still, I can’t ask for the money back.’
He was a friend who went all the way to America for me. I didn’t want to show that out of shape. If the worst comes, I will have no choice but to ask for it, but I decided to find another way first.
So it was this person who came to mind.
‘Daebak Securities Manager Park Jae-seop.’
He was someone who knew that I was Ha-yeon’s father. I needed that kind of collateral to borrow money, but aside from the money in my bank account, all I had was the ability to make money.
Very few people knew that I had that ability.
‘I’m the only one who knows specifically, but…’
Still, thanks to my participation in the jackpot stock investment contest, at least one person knew of my abilities.
It was Park Jae-seop, manager of Daebak Securities, who offered me a trader position worth 30 billion won.
‘If you’re the manager of a stock company, you must have quite a bit of money saved up.’
I heard that people in jobs that deal with money, such as banks and securities firms, have high salaries. Besides, since he had risen to the position of manager, he would have known people who had a lot of money or at least had a lot of money around him.
I was a little embarrassed to turn down the trader position and call, but now I had no other options.
‘It’s a win-win for both of us if we provide enough money.’
I couldn’t give a lot, but I was able to take care of about 20% in monthly interest. no. I could take care of more than that if I wanted to.
‘If only I could get a special reward…’
Shame was just a luxury in front of huge gains. After digging through the call history, I found the phone number of Manager Park Jae-seop.
‘found.’
Even if you are rejected, the shame is only for a moment. However, if he was going to entrust me with the company’s assets of 30 billion won, he would definitely believe in me, and baseless confidence rose up.
‘Don’t be nervous, let’s talk coolly. Be cool.’
I immediately called and waited. Each connection sound felt like a very long time.
When the third connection tone was heard, a voice was heard along with a click.
{This is Park Jae-seop, manager of Daebak Securities.}
received! Now don’t be afraid and just talk about business. He calmed down by rubbing his chest with the palm of his hand.
“Hello. I’m Ha-yeon’s father, do you remember me?”
{Of course I remember. What did you call?}
The other person’s voice is bright. That was a good sign.
“I am personally managing my investments, and I am calling to ask if you would like to invest.”
{What does that mean?}
“We will guarantee 10% monthly interest on the investment.”
{······.}
The sound of breathing could be heard over the receiver. 10% per month. It was the amount I borrowed from the moneylenders. At 10% per month, he said that he would return 120% of profits even with simple interest.
‘The compound interest is 214%.’
There was silence for a while.
‘Is 10% interest a month not enough? So should I call 20%? Aren’t you too aggressive?’
While I was thinking about it, I heard Park Jae-seop’s voice.
{It’s not like this, let’s talk face to face.}
“Can I see you right now?”
It is 7 o’clock now. In case of this, I waited in the office until his closing time.
{I’ll go. Where can I go?}
“What time can you come to Gangnam Station Exit 4?”
{If you leave now, you’ll be there in 20 minutes.}
“Let’s meet at Gangnam Station Exit 4 at 7:20.”
***
Park Jae-seop, who met Kim Jae-gu, was a little surprised. It was because he was 36 years old, so I thought he would look a little older.
‘I’d believe it if I said he was in his late 20s.’
Kim Jae-goo was a tall man who naturally looked good in a luxurious suit. There was no sense of incongruity even if I went to work in Yeouido right now and went into the executive office.
“Let’s go to the restaurant.”
Park Jae-seop followed Kim Jae-gu into a Korean restaurant with a room. The doors to the other rooms were closed as if they were talking about business.
Kim Jae-gu thought of roasting him here.
‘If there was no intention to invest, it would not have come out.’
There was no reason for a financier to invest his time where there would be no benefit. I’m thinking of investing, so I guess I’m here.
‘So it’s worth buying rice.’
I brought him to a Korean traditional house with a room. We ordered the proper menu and sat down facing each other.
It was Park Jae-seop who spoke first.
“Let me formally introduce myself. I am Park Jae-seop, general manager of Daebak Securities.”
“I am Hayeon’s father, Kim Jaegu.”
We briefly shook hands and explored each other. Even though he had just left work, Park Jae-seop’s suit looked stiff as if it had just been ironed.
“I think your daughter’s name is Kim Ha-yeon.”
“Yes. He’s a very cute guy. Does Manager Park have any children?”
“Yes. Two sons and one daughter.”
“You are a patriot.”
“Heh heh. My back is twisting.”
Park Jae-seop laughed and patted his waist. Jaegu Kim leaned slightly over the table.
“I think I can help straighten that back.”
“That’s what you said over the phone.”
I was about to start talking, but the meal came in and spread it on the table. As colorful food filled the table, it was more delicious to talk about.
“Have a nice mealtime.”
When the waitress left, the real story began.
“Are you still working at the Customer Satisfaction Center?”
“No. Right now I’m making personal investments.”
“The yield must be enormous.”
“I can’t even earn that much.”
“Isn’t it as much as during the competition?”
“I don’t earn that much.”
At those words, Park Jae-seop lightly crossed his arms and rubbed his forehead with his thumb. I was expecting a legend that continues with that tremendous rate of return…
“But I eat enough and earn enough to live.”
“I wonder why you suddenly proposed an investment.”
“Because I think it would be nice to have more seeds.”
“still···.”
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Jae-seob Park, who frowned and tried to say something, Jae-gu Kim showed his stock account instead of words.
“What is this…”
Park Jae-seop narrowed his eyes and glared at the screen.
“One, ten, hundred, thousand, ten thousand…”
He gasped and inhaled.
“14.7 billion?”
“Yes.”
He participated in the investment competition with 10 million won and made 360 million won in one month despite the down market. Unfortunately, the rate of return of 36 times a month did not continue.
‘Still, 41 times again in two months.’
The bigger the seed, the harder it is to make aggressive investments. The rate of return of the winner of the stock investment competition also decreased as the amount of money increased…
Park Jae-seop swallowed his saliva. But there was something to check.
“Could you check the transaction details?”
“I’ll show you.”
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Jaegu Kim opened the history of past transactions and scrolled down slowly. As the undefeated record continued without a single loss, Park Jae-seop’s pupils gradually widened.
‘This person is a real man.’
“I saw you.”
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Jaegu Kim laughed at his answer and put the phone in his arms.
“You look hungry, but let’s talk while eating.”
“Now…wait a minute. Let’s talk first.”
Shall we talk while eating? I saw the amount increase several times every month in front of my eyes, but would I be able to eat?
Park Jae-seop was hungry. But that hunger was not for food. It was a hunger for Kim Jae-gu’s ability.
‘You must hold onto it. If only I could put my feet on it…’
I couldn’t teach you how to invest, but I was able to put in the investment money. But I needed insurance.
Kim Jae-gu smiled softly.
‘It’s all over.’
It was frightening to see her eyes almost flipping over. But now he needed his strength.
“How do I trust you?”
“Tomorrow, during lunchtime, go to the lawyer and have the money consumption loan contract notarized.”
“You mean tomorrow?”
“I need money urgently, so if tomorrow is difficult, I have no choice but to borrow it from someone else.”
Kim Jae-gu’s account was full of money, and there was no reason to stop because he said he was going to be notarized by a lawyer.
If it’s 10% in a month, it’s over 120% in a year.
Who would pay more interest than the original amount in a year?
“How much do you need?”
“We are seeking up to 5 billion.”
As the seed increased, Jaegu Kim’s gain also increased. He only gives 10% per month and the rest of the money will be his profit.
“5 billion?”
Park Jae-seop gasped and stepped back.
However, he soon recalled the number of Kim Jae-gu’s account.
It was said that he was a gyeonmulsaengsim-I, and his eyes went back when he saw the big money.
“How much can you lend me?”
“5 billion is difficult, but if it’s up to 2 billion, I’ll prepare.”
For the stock mortgage loan, I had to ask my friends and relatives for a loan against the apartment as collateral.
‘Knowing when to bet is key to success.’
Park Jae-seop decided to take a big step towards Kim Jae-gu.
***
The 2.2 billion won borrowed from Park Jae-seop melted into the investment. And it rolled like a snowball and played a part in inflating the investment.
Wednesday closing price
[17.0389 billion won]/[10.59396 million won]
Revenue 3.93018 billion won
[Remaining amount: KRW 4.71752 billion]
The basic quest was unconditionally enough money to succeed. In the remaining two days, including additional quests, he had to earn 9,717.52 million won.
‘I never thought this money would look short.’
It made a staggering amount of over 4 billion won a day, but it still seemed insufficient. At my current pace, I thought I would be able to complete the special quest without difficulty, but it bothered me that it wasn’t 100%.
So it was lunch time on Thursday.
“What do you want to eat today?”
“A hundred and half.”
“I’m also half white.”
I was eating at a nearby Baekban restaurant with Han Kyung-ah and Choi Ji-hoon when a pop-up popped up in front of me.
[Time limit: 1 day 20 hours 22 minutes 43 seconds
Remaining amount: 0 won]
[Quest succeeded]
[Starting valuation: KRW 20,042.8 million
Current valuation: KRW 40.0428 billion]
As soon as the quest condition of 20 billion was reached, a pop-up appeared.
[Reward given as level increases: Lv2→3]
[Choose a reward
Please hold the left hand for number 1 and the right hand for number 2]
Now it was time to make a choice.
[One. Minimum rate of return for each item changed -30% → 1%]
[2. Increase the number of items per day 7 → 15]
‘I want to have both.’
These were too good options to give up.
< Knowing when to bet is key to success > End