Rise Of The Financial Ruler. Mr Paul See

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      Among those that caught his eye were a simple, quaint hut, a cottage by the river, and a 2-storey cottage with a courtyard. The hut was affordable, and was a cosy, little place which would suit a couple of newlyweds.

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      Good Years, Year 1

      The cottage by the river, on the other hand, was a luxurious place with a good location, and had the premium feeling with it. The last choice, however, beat the rest hands down. It was Reuben’s dream house; it had everything that he ever wanted in a house. However, when he asked the owner, he got the shock of his life. Its monthly mortgage payment alone was 2400 shekels of silver! A good 80 percent of his monthly income!

      It was then that Reuben made a promise to himself: “I may not have enough for this cottage today, but I will definitely own something like this someday before I die!”

      In the end, he settled for less and started to borrow from his friends and family, so that he would have enough for either the hut’s or riverside cottage’s down payment by the time he eventually settles down and get married.

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      Good Years, Year 2

      Year 2

      The Pharaoh’s dream turned out to be rather accurate; the following year saw the Egyptian Stock Exchange Index (ESEI) growing steadily. Every industry seemed to be doing well, and seemed to be outdoing itself with the coming of the new year.

      As the ESEI level continued to climb, Egyptians continued to pour shekels into the index believing that it will only keep going higher. This atmosphere of optimism permeated the air of the Egyptian streets, and several households turned wealthy as they bought into the shares of the index earlier than the rest.

      Even cobblers and chariot drivers got into the fray and invested their hard-earned savings into the ESEI. Reuben also joined the buying craze as he was recommended by some friends on the latest “sure-win” shares.

      “I have some information that the company has made spectacular returns this season! And they are going to announce their results next week. You do not want to miss out on this opportunity because the share price is bound to increase.”

      “This company has been making money for the past 10 years, how bad can it possibly do this year?” Reuben’s “share-guru” friends would have proclaimed.

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      Good Years, Year 2

      The situation eventually developed to the point where Egyptians were buying shares not because they understood what it meant or its purpose.

      They were buying it solely because they believed that someone else will buy these shares from them at a higher price.

      Benjamin, however, did not join in with the crowd. He preferred to buy shares of certain companies that he had already been observing over the past 3 years and companies whose operations he understood very well.

      He also invested only with money that he was ready to leave untouched for the next 5 years or more as the need to prepare for 7 years of hardships remained deeply etched inside his mind.

      However, no one else was complaining or being picky at this moment as some Egyptians were making so much money within such short time frames. Everything seemed blissful and the general happiness level of Egypt rose as the ESEI improved overtime.

      The citizens that had paid close attention to the announcement soon forgot about the second part of the premonition.

      Slowly, they became complacent and reverted to living extravagantly, enjoying the bountiful harvests that each year brought. Reuben was happy being one of these people.

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      Good Years, Year 2

      On a positive note, Reuben’s entertainment expenses paid off when he finally managed to find himself a wife. He was optimistic that the future was looking up as he received a pay raise to 3300 of silver.

      The promotion, coupled with extra income from his investment in ESEI, bloated his complacency and he decided to throw a grand celebration to commemorate his wedding.

      “My family had never had a big celebration before”, he justified to himself, “If I, as a supervisor, don’t throw one, when will we ever?” So, to support the grand wedding, Reuben spent all his savings.