Chapter 496 – ETFs
ETF.
Sora’s father’s opposition was not without context.
‘For sure.’
This is not a menu item that can be sold at a local bar.
It can only be handled at the level of a large restaurant.
It’s a matter of scale.
Roasted whole pig.
Even if the bar is full of customers, it is difficult to sell everything at a local bar.
“It is said that the daily trading volume must be 10 million shares to maintain the ideal asking price. It is said that the daily trading volume must be at least 1 million shares so that there will be no complaints among traders.”
ETF is a listed product.
Management requires operating personnel.
‘It’s not going to cost labor.’
Also, professional manpower.
It can’t be just one or two pennies.
You also have to pay a fee to the Korea Exchange.
Economies of scale are essential.
You can’t maintain quality by selling a penny or two.
“It’s written in the report. Even if you don’t read it, I think you know enough.”
“It has meaning because you read it.”
Hyeri is performing secretary duties.
In fact, I know from common sense even without being told.
‘Because the window is empty.’
Any investor who buys an ETF feels this at least once.
Has your conscience exploded?
There are several empty door windows at the top and bottom.
Every time you trade, you lose 0.0%.
“In other words, since sales are low, we raise the margin and eat a little more.”
“Ah… It looks like a restaurant.”
From the customers’ perspective?
It sucks.
There is no reason to take care of store margins.
‘That’s why we end up flocking to big stores.’
This is a common phenomenon in Korean ETFs.
Places that are doing well are doing well.
I can’t go anywhere I can’t go.
No, I don’t even know if it exists.
There are a lot of ETFs you’ve never heard of.
From there, side effects arise again.
“The discrepancy rate and tracking error widen, making it difficult to make a profit.”
“Ah… It’s kind of complicated.”
Vicious cycle.
In order to cover labor costs, a more extreme profit structure is created.
‘There is also an issue of conscience at securities firms.’
Its attractiveness as an investment product declines.
This is a common occurrence in the Korean stock market.
This problem occurs because the market is small.
Most ETFs do not even have a chance to be managed properly.
“So, I think it says that in the report too…”
“And?”
“It says something else.”
Korea.
The population is 50 million.
The consumption that can occur within it is limited.
‘That’s not necessarily true.’
There are also companies that rebel against such market logic.
It’s the ‘Lupin’ we’ve become familiar with now.
Korea has a fast logistics network.
The high population density is also an advantage.
“That point is written here too.”
“Do you need that?”
“Ah…”
It can also be applied to the stock market.
This is the aesthetic of speed that is unique to Koreans.
‘The speed at which the issue spreads.’
There is already a lot of buzz in the world.
It became known to investors in just a few days.
It soon becomes a two-seam.
Although the Korean market may be smaller than other countries.
〔Korea Stock Gallery〕
─Men’s Stock Heungkuk
─Just cry Qㅠㅠㅠㅠㅠㅠㅠㅠㅠㅠㅠㅠㅠ
─ Goosebumps) I came up with a genius idea ㄷㄷㄷ
─If it’s done by CW Securities, it’s already done
．
．
．
There is a thing called concentration.
When something happens, there is a huge amount of interest.
─If it’s done by CW Securities, it’s already done
[Troubled frog meme. Jpg]
It’s a profit and loss securities company
It should be considered that there is at least no loss
└Even if you don’t take any losses, it’s a jackpot. The annual dividend is 8%
└This is a covered call ETF, so skill is important. But the person who defended Coronado is coming
└I buy after seeing the goddess of stock fame
└Is it a good ETF? Can I buy it?
The principle of pumping by dog breeders is similar.
Suddenly people’s attention is focused.
Trading volume explodes.
That alone causes the stock to be re-evaluated.
─ Goosebumps) I came up with a genius idea ㄷㄷㄷ
[Sweet frog meme. Jpg]
Because the bank loan interest rate is 2-4%
If you take a loan from a bank and put it in an ETF, wouldn’t you make money?
└Are you a genius?
└They say it’s easy to buy stocks if you’re stupid
└Fact) It’s a fact
└But this is really possible. Yen carry trading is where you borrow yen at low interest rates and invest them around the world.
No, the advantages are highlighted.
Investors realize the good points of the stock.
‘Same phenomenon.’
It happens.
Covered call ETF.
It is an attractive investment product with a high dividend rate.
If you promote it well, you can be competitive.
The credit that stands out as a disadvantage has been built up for a long time.
“Oppa, oppa, oppa…”
Hyeri also seems to have accumulated quite a bit.
Even as I just put it in, my breathing is getting shorter.
‘Durability is a bit weak.’
President’s office chair.
It is so large that there is still space even if you spread your legs wide open.
It can hold up well even if a woman climbs on it.
Receive reports in a close manner.
“Call me the boss.”
“Boss, yours is too big.”
“Are you just putting it in?”
“But still, it’s too big.”
In fact, it is just a type of play.
I wanted to be served by a boring secretary.
Sharak!
The report I was holding in my hand.
The props of the play fall gently to the floor.
I guess it doesn’t matter.
She grasps Hyeri’s peachy buttocks tightly with both hands.
‘It’s rewarding to handle such a sexy secretary.’
All you have to do is not do bad things like some high-ranking person.
It is a play played under mutual agreement.
“It’s okay if the secretary can’t do even this much.”
“Work is so busy.”
“Really?”
It’s a bit burdensome.
I am short and petite, so size matching is not possible.
‘Because it was tough from the beginning.’
I couldn’t even fit all my things.
It feels like it will tear if you force it in.
Now everything goes in.
It is also cramped, so you have to be careful when using it.
Squeak! Squeak!
Write carefully.
I’m worried that if I hit it too hard, my intestines will explode.
‘It’s creepy.’
Hyeri’s expression.
I am panting violently, as if I will run out of breath at any moment.
Reactions are pouring in.
You can’t get bored just by looking at the different facial expressions.
“Oppa, ah, ah…”
“Take it out?”
“Please cum a little faster.”
It’s covered in tears and snot.
Just by putting in a little bit, you will feel exhausted.
Boiling sadism.
I grab my ass tightly and fuck it hard.
‘Sorry. I’ll take responsibility if it breaks.’
It is made as a used product that can never be returned.
Hyeri’s insides are screaming.
Squeak! Squeak!
It barely follows my movements.
He is sobbing while holding his body tightly.
“Well, my body is strange. Ah, ah…”
Even the makeup melted.
Feeling sorry stimulates more lust.
‘It’s like this tight butt.’
It gives strength to your grip.
I like the feel of the thick flesh being crushed.
The vagina also reacts.
The chewy pussy meat sticks like a sucker.
Boom!
My seed is filling up the narrow space.
I’m incredibly excited.
“Oppa, oppa, oppa…”
It was half broken.
The thighs and hips drop as if they are having a spasm.
Extend your neck upward.
Panting and inhaling like a dog.
‘He’s about to die.’
It took about 10 minutes before I could barely calm down.
I feel amazing.
“Oppa, that face…”
“Because you’re the boss.”
The face is a mess.
That’s why it’s a situation that gives a more sense of conquest.
‘You must have realized that secretarial work is not easy.’
Communication during work hours.
I get hot when I see a sexy office look.
You can enjoy it however you want.
Because this is my company and my women.
“Oppa, but.”
“Why do you want to do it again? Was it so good?”
“It’s not like you manage ETFs separately. If it doesn’t make much profit, doesn’t it mean it’s not sold?”
“…”
I created a utopia.
Maintaining it is not easy.
‘It’s not particularly difficult.’
Hyeri’s concerns are accurate.
ETFs basically track stock indices.
What if KOSPI doesn’t rise?
It is true that you will no longer be able to have fun.
This is a typical ETF.
There are things that become fun when stock prices don’t rise.
* * *
Dividend ETF.
It has become a hot topic among investors.
Korean Newspaper− “Korean JEPI Covered Call ETF released… “Monthly dividend competition in full swing”
Fact News− 「Koryo Investment & Securities, No. 1 in individual net purchases of dividend-type ETFs on the listing date」
Daily News− “I invested 500,000 won every month… 20 years later, 1.68 million per month ‘giggle'”
It makes money.
Securities companies smell money and start rushing in.
“Customer funds are flowing in steadily.”
“At this level, it is enough to list 5 million more shares.”
“What is 5 million shares? 10 million shares is fine. People will still buy them anyway!”
Among them, it is the most advanced.
Korea Investment & Securities.
This is because we have extensive experience in this field.
Profit has been made through retiree funds.
Solid performance gives confidence to investors.
‘There is something called name value.’
A friendly office atmosphere.
Executive Director Oh Jung-kwon has no intention of hiding his satisfaction.
It’s going according to plan.
It is encroaching on market share in dividend funds.
“What happened to the CW and all?”
“For a small and medium-sized securities company, it is doing well…”
“Is there one?”
“Isn’t there a need to tell you that we are not at the level to show our business card to Korea Investment & Securities?”
A signal fired by CW Securities.
But who will benefit is a different story.
It is like entrusting money, even a lump sum.
Investments are made in those that are trusted.
‘Do you think they would buy something from people like you who have a small transaction volume and a worthless name?’
It is not a market that can return to being a somewhat loyal customer.
It must encompass general investors.
Strong position for over 30 years.
There is not a Korean who has not heard of Korea Investment & Securities.
“Then we can just continue like this, right?”
“Yes, if we lose all of our market share, we will cry and go through the delisting process.”
“Don’t let down your guard.”
“Of course! We are actively promoting economic news, YouTubers, and even portal sites, so don’t worry.”
There was no need to come to the office.
The two directors who took over as Managing Director Yoon Seung-hyun are doing a good job.
‘I’m a bit clumsy at building things up from zero.’
A field with a complete profit structure.
Maintaining performance has gone too far.
My major is marketing and public relations.
That alone will widen the gap.
Weeeee~!
It’s thanks to Managing Director Seunghyeon Yoon.
The funds he left behind are being put to good use.
They even tighten their own necks.
He smiled at the thought that he had won.
“Yes, yes… Yes… Ah, I’m sorry. I don’t deserve to be overlooked. If you give me time, I will definitely contact you by tomorrow.”
“What’s going on?”
“That’s because a customer who had entrusted more than KRW 10 billion since the retirement fund complained. He threatened to move to a securities company if things continued this way.”
“No, why?!”
“Why are we losing money in long-term returns compared to CW?”
“”!!””
An unexpected ambush was lurking.
