1. The Other Stephen's Story


    Date: 7/21/2015, Categories: Fiction, Male Domination, Male/Female, Oral Sex, Romance, Author: stex, Rating: 83.3, Source: sexstories.com

    orders to raise the capital, then the buy orders I made. I invested fully one third of my portfolio, half of a million dollars in each stock. By modern economic theory this was an unwise move. I hoped that I really did have knowledge that would allow me to beat the market. One of the axioms of the economic theories was that this knowledge did not exist. The portfolio that Stephen had left me with was a good one that had grown well. I see from some of his writings that he was considering retiring and living just on the income from his holdings. The current conventional wisdom was that it could support a modest but comfortable income. As I did not have the skills that Stephen did to allow me to make a living in his previous line of work, living off the holdings was a necessity for me. I took a modest wage from it, but converting fully one third of the portfolio to speculation was a great risk. My wage would now strain the remaining portfolio. As it turned out, I needn't have worried, the stock market was undergoing a boom at that time. The portfolio grew healthily even without the speculative one third. Eighteen months later the fruit hit its predicted high on tweede nuwe jaar of 2008. (That's the second of new year, it's a traditional holiday for slaves in Cape Colony.) I divested from the fruit, that such a powerful company was going to take such a deep fall (if my information was correct), gave me great foreboding. I converted the rest of the portfolio to cash and waited ...
    developments. This was a risky move, cash does not earn as much as stock, on average I was straining my portfolio even more. The markets slowly drifted down, in mid June the coffee hit its predicted high, so I sold that. I had gained somewhere around two million with these investments, my stake had risen threefold. I was now totally out of the market. So when the market crashed in August and September I stood by, amused, safe in cash. In November and December I bought back into the market. I bought back into the fruit and coffee, but only at half the value of my previous holdings. This left me with a larger portfolio than I started with and the speculative stocks in fruit and coffee. The market rose strongly in the recovery from the crash. At this time real estate was a good investment, the crash had been brought about, as usual, by a speculative bubble. Bubbles were nothing new, the merchants in my Amsterdam were still haunted by the spectre of the tulip bubble over a century before my time. This time the bubble was in housing and mortgages. Whatever the cause it was a good time to buy. I took about half of my portfolio and took on a goodly mortgage to buy one of the apartments on the top floor. These apartments were more in the style I was used to, there were only two of them for the entire floor. I had to increase the wage I paid myself to cover the mortgage, to much more than a sustainable level, but the markets grew so strongly during this time the portfolio grew despite ...
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