Chapter 544 - The New NBA Star 4 (2/2)

With Jake saying that Shaq and Kobe were impressed again, even Kobe, who had no investments, knew the company Amazon and Matthew's Focus and Flash which was the largest digital camera company in the world.

They both had digital cameras from Matthew's company because they wanted to take quality photos and videos of the family moments they had, thanks to Matthew's company the other big camera companies on the market were also developing products faster.

Shaq, who knew about investments, knew how the company Amazon valued several times after the company did the IPO, after hearing this it was difficult for Shaq not to believe that Jake understood well how to make the investments.

”I believe in you, Jake, what companies do you suggest I invest in now, Amazon?”

”Amazon is a company that is certainly worth it for you to invest, but only if you want to wait at least 15 years until your investment is worth it and you earn several times what you invested.”

”We have to wait many years for computers and the internet to become more popular until a company like Amazon can show all its potential in online sales.”

”That's why I said that I made investments to earn a few billion dollars in the future, I invested in other companies that will also show greater potential after 5 years at least.”

Shaq heard this and trusted Jake much more than he seemed to have thought about it before giving this advice, Shaq also imagined that if the internet and computers became popular companies like Amazon would really be more valuable.

”I suggest that you invest in the Cisco company as I have been doing for the past few years, but this is very risky because I think that next year this company and many other companies will devalue a lot.”

”You should know that companies like Cisco are a great investment opportunity because they are valuing very quickly, but the value of these companies is already several times the natural value that these companies should have.”

Shaq and Kobe were confused to hear this, Jake was recommending a company so they could invest, but he was also saying that they could lose a lot of money if they didn't sell their shares on time.

”I will continue to invest in the Cisco company until next year and my friend Matthew also, I have an investment company that takes care of my investments and Matthew's investments.”

”If you want, you can invest with my company and my company will sell the shares at the right time and you can earn at least 4 times the amount you invest and my company will keep 10% of the profit you get.”

With Jake saying that the two finally understood what Jake was saying, he said that the Cisco company was a risky company so they could invest and they could gain a lot from it.

But only if they invest with Jake's company can they safely invest and have to give 10 percent of the profits to Jake's company and earn 4 times what they invest.

Kobe thought that Jake talked about the investment just so they could invest with his company and thus earn more money, so Kobe lost interest in the investment that Jake was talking about even though he now believed in him.

Shaq thought differently, even if they were friends it was normal for a quality investment firm to charge a fee to take care of client investments, and Jake said they would only charge 10 percent of the profits, which meant that Jake was confident that Shaq would have many profits.

When Jake said that he owned a company and that his company was charging for the investments, Shaq was even more confident that Jake's investment offer was really real that he could really gain from it.

”Are you really confident that I can earn 4 times the money I invested in your company until next year?”

”Yes, Shaq, I said that I only offer this to my closest friends and that is why in my company only Matthew and I have investments, if you want I will guarantee that you can win next year.”

”Okay, I will trust you and I will invest 10 million dollars with your investment company, if I win 4 times that investment I will be happy.”

Jake was happy to see that he would help another friend of his and that Shaq had trusted him, in fact, Jake was confident that Shaq could earn more than 4 times the amount he invested by 2000, so Shaq would earn more than 40 million dollars.