American Entertainment: Taylor Swift wrote a song for the beginning

Chapter 91 No one can get rich without unexpected fortune (Subscription required)

"The next morning, Daddario woke up slowly from her couch and saw Ryan sitting next to her. A rumbling sound similar to drumming was coming from the TV opposite her, and she was woken by this sound.

Some kind of big gala was playing on TV.

"Is this party important to you?" Daddario was a little confused. In her impression, if Ryan didn't have work, he would sleep until noon.

When the countdown formed by the human-shaped array ended, Ryan's eyes lit up as a huge LED in the field slowly unfolded like a scroll.

During this period, he visited many nightclubs, and even the top nightclubs did not have such large LED screens, which was completely different from what Ryan saw in Tremor MV. He guessed that the current large-screen technology was not up to standard. As a grand event that attracted global attention, it was normal for the opening ceremony to use some high-tech technology.

If this kind of screen can be used in music festivals or nightclubs, the effect should be good.

Nearly a month later, on almost the same morning, Ryan once again watched the closing ceremony on TV on time.

And when the closing ceremony entered the eight minutes in London, Ryan saw a familiar person appear on TV - Leona Lewis.

She appeared on stage with guitarist Led Zeppelin, the legendary British band, and sang the song Whole Lotta Love, which was the national card of the United Kingdom, to represent the handing over of the hosting rights of the 2012 Olympic Games to London.

This is the "mysterious performance mission" that Simon mentioned, and it is also the reason why he is looking all over the world for songs that "understand the spirit of sports". With the help of the closing ceremony, she will usher in a wave of attention, and the song "Unstoppable" co-produced with Ryan will naturally be noticed by more people.

·
Shortly after the Olympics ended, a piece of news from the financial world shocked the world.

"After receiving a response from the Federal Reserve refusing to provide funds, Lehman Brothers, the fourth largest investment bank in the United States, announced that it would formally file for bankruptcy protection in accordance with the procedures stipulated in Chapter 6130 of the U.S. Bankruptcy Law. Currently, Lehman Brothers' debt scale is as high as billion U.S. dollars. This is the largest bankruptcy case in U.S. history!"

Listening to the news, Ryan, who was holding up his mobile phone, raised his lips. The person on the other end of the line was the bank's investment manager, who reported the good news to Ryan.

The bankruptcy of Lehman Brothers caused panic in the global financial market. The prices of almost all investment targets plummeted, and the price of MBS, which was in the "eye of the storm", fell to the bottom. As a risk hedging financial product for MBS, the price of CDS also rose sharply, with an astonishing increase!

Ryan put down his phone, took a few deep breaths, and felt his heart beating wildly. It was a wonderful feeling to become rich overnight.

Ryan had previously thought that it would take at least one or two years for the investment to pay off, but he did not expect the financial crisis to come so quickly, and he did not expect the investment return rate to be so high.

According to the investment manager, the investment return on paper was more than 70 times, and if Ryan had entered the market earlier, the return would have been even higher. Ryan did not invest all his savings at the time, but kept a portion for emergency use. After calculation, the final return was nearly 80 million US dollars.

"What's wrong with you, Ryan?" Daddario moved closer and saw that Ryan had a very complicated expression.

"Nothing." Ryan shook his head, trying his best to calm himself down.

You still have a large amount of "capital gains tax" to pay. The investment manager has just explained the relevant situation. For short-term investment income, the investment gains tax is as high as 37%, and there is also a 3.8% net investment income tax.

Ryan thought of Terry, who was the only person he could absolutely trust.

As for Taylor, although the relationship between the two has become closer and closer recently, Ryan does not completely trust her parents. Besides, Taylor can't help in this matter.

·
"Gift crab! Ward's, OMG..." When Terry heard about the huge profit Ryan had obtained, she was stunned for more than ten seconds, and then she kept shouting, and her hand holding the water cup was shaking.

It is normal for normal people to have this reaction when faced with such extra income.

"The amount of taxes...the IRS is too cruel." Terry continued to sigh.

"Do you know any accountants involved?" Ryan tried.

"The company's financial officer obviously can't help. I have to ask for you." Terry gradually recovered. Finally, after much inquiry, a personal accountant who used to work for the Big Four and now specializes in providing tax solutions for the rich got in touch with Ryan.

"If you invest in a personal account, the degree of tax avoidance is limited, but there are still some ways to reduce the amount of tax. Do you have other investments? You can try tax loss harvesting or donate to a 'charity', or directly set up a trust or company... I don't recommend you to transfer overseas. The IRS is very strict on high income and overseas accounts." The other party gave advice.

"What is a trust?" Ryan asked. He had always heard of this term on TV before, but he didn't understand its specific meaning.

"To put it simply, you give the money to someone else to invest and receive the returns at a fixed time. This will have certain restrictions. If you want to use the money to actively make other investments, you may need additional 'handling fees'." The other party explained implicitly.

This means that you can use a pseudonym to hold shares on behalf of others, but this will incur additional expenses.

“What if I set up a company instead of a trust?”

“That would make a difference in tax rates.”

"If I directly exchange this money for other objects, such as real estate, will the additional 'handling fees' be less?"

"That's true, but the current real estate prices... you know, the economy is in recession, and the whole market is filled with pessimism. It will continue to be sluggish, and all investment returns will plummet."

As for other investment methods, such as futures and foreign exchange, Ryan decided to enter with caution.

"Unless I buy some companies," Ryan tried.

This sentence is almost equivalent to saying nothing. If Ryan knew which company would have a certain future, he would have taken action long ago.

But he did know one thing for sure.

He recalled the strong sense of déjà vu when he first met Taylor, and also remembered what he had said to someone's brother -

She will definitely become a superstar!

·
In the bright and clean office, Scott watched the news on TV, tapping his fingers on the table anxiously.

He fell into deep regret, wondering why he did not listen to the boy's advice and try to invest in some CDS.

Is he really a genius? Scott recalled Ryan's confident tone.

In addition to good luck, Scott admitted that this kid did have amazing courage and his performance did not at all seem like a young man under 20 years old.

"Connect me to Ryan Rivers." Scott picked up the phone, ready to report the good news to Ryan. Ryan had previously purchased a small number of CDS from Scott's channels.

"Uncle Scott, I was just about to contact you." Ryan smiled on the other end of the phone.

"You watched the news too? Congratulations, you are a multi-millionaire now." Scott said.

"I have a brand new plan now. If possible, I want to acquire Big Machine Records and Taylor's record contract..." Ryan said lightly.

The boss of Big Machine most likely doesn't want to sell it, so Ryan can only say that he will try his best.

(End of this chapter)