I Become A Noble in England

If Barron is given enough time, he is confident that with a certain amount of original capital, he can earn enough money in the capital market to save the family assets! 

  However, it seems that he still needs to speed up the progress, so the initial amount of original capital is more important.This is what he is doing now, trying to raise as much funds as possible for his own use.

At this time, there are actually quite a few financial investment opportunities.

For example, international oil prices have started to rise since the end of last year.

Up to now, the international oil price is around US$25 per barrel. Although there will be ups and downs in the future, it will generally be in an upward channel. Until mid-July 2008, the international oil price reached a high point of nearly US$150 per barrel.

It can be said that this is a long-term bullish opportunity, but in the short term, if we want to solve the current funding problem, we need a faster way to achieve results.

"Master Barron, there is something you need to decide."

At this time, the butler Sean said to Barron: 

"It's about the arrangement of the servants. Now there are three more personal servants in the house. In addition, given our current situation, I'm afraid the previous servant configuration can also be adjusted, which can save a lot of expenses..."

What the butler Sean was referring to was that after Barron's father, eldest brother and grandmother passed away, their personal servants became redundant.

And now Barron is the only member left in the Cavendish family, which means that he is the only master left in this manor. Therefore, the original number of servants of more than 30 people seems too many and can be streamlined.

After all, as a butler, Sean must give priority to the master's family.

Speaking of this, we need to talk about some of the common configurations of servants in aristocratic families.

Generally in a traditional aristocratic family, there would be a butler who served as the head of all servants.

Just like in the Cavendish family, the butler is Sean, who can usually be called the butler. He is responsible for coordinating the affairs of the entire family and keeping some more valuable items, such as the wine cellar and silver tableware...

There will also be a housekeeper who is mainly responsible for managing the maids in the house. In addition to serving as the housekeeper's assistant, she is also responsible for directing the organization and cleaning of the house.

In the Cavendish family, the housekeeper is named Riley, and she has served as the family's housekeeper since her mother's generation.

Then there is the cook, who is responsible for kitchen affairs. Usually the cook, the butler and the housekeeper are all high-level servants.

The cook enjoys supreme power in the kitchen. For example, in some family banquets, the cook has the right to refuse any request for food outside the pre-determined menu.

Then there are the personal maids and personal valets. The personal maids are servants who stay with the female members and take care of their daily life; the personal valets are servants who stay with the male members and take care of their daily life.

As for other male and female servants, when there are more than two of them, there will be certain levels, such as the chief servant, the first servant, and so on.

Therefore, it is very normal for a family as large as the Duke of Devonshire's to have his own personal servant. Even before Barron stayed in London most of the time, his family arranged a personal butler named Ramos for him.

Now, there is naturally no need to keep the three redundant personal servants, which can also save expenses for the manor.

In addition, the original number of servants, which was more than 30 people, could also be streamlined.

"How was it usually handled before?"

Hearing Barron's question, Butler Sean said:

"They will all be fired. When there is no need for so many people, the decision will be made based on their daily performance. And when we fire them, for those servants who have worked diligently for the family before, we can help write letters of recommendation for their next client, which is often very helpful for their future job applications."

"Then let's proceed like this, Butler Sean. You can decide these matters."

Barron waved his hand and said.

"in addition..."

Butler Sean hesitated for a moment: 

"Anna, the old lady's personal housekeeper, is almost sixty years old and has served the old lady for forty years... I'm afraid it will be difficult for her to find a job at her age..."

"We can't be inhumane to such a person. You can ask her opinion. If she still wants to work, you can provide her with an easier job. If she wants to live out her days in retirement, we can cover part of her living expenses."

Initially, servants like Anna who had served the family for most of their lives would be provided with pensions by respectable noble families. However, as the entire social security system improved, pensions were already included in their salaries, so what Barron was talking about was giving them an additional subsidy in addition to their pensions.

"You are so kind, Master Barron. God will bless you."

Originally, the butler Sean was a little worried. Based on his previous understanding of Master Barron, he thought that the other party might be rather unkind. So after Barron said this, he did not hesitate to praise him and was still very moved.

"Then look at this inventory of assets. If you don't sell those jewelry and antiques, how much cash can you get?"

Barron handed him back the catalog of assets directly held by his family that Butler Sean had given him and asked.

"In my opinion, at most only £100,000 of funds can be used..."

Hearing this amount, Barron sighed. Most of his family's assets were injected into the family trust fund. Moreover, it is believed that the cash portion of the assets originally held directly was inevitably invested in the "London Star" fraud project...

Up to now, this part of the assets can only be used to invest 100,000 pounds as Butler Sean told him.

But it is extremely difficult, almost impossible, to get back the planned £35 million in the capital market.

Even if Barron had experience from his previous life, for the current capital market, he could only remember some key nodes at most. It was impossible for him to remember all the price trends of investment products.

Seeing Barron's slightly sad expression, Butler Sean said:

"Master, are you going to use it to pay the inheritance tax? In fact, you can temporarily sell the jewelry and antiques or mortgage them..."

"I plan to invest the money. Otherwise, I won't have the money to pay the inheritance tax and the bank loan."

"invest?!"

Hearing that Barron was going to invest, Butler Sean was shocked: 

"But Master, investing is risky. It's very likely that all this money will be lost..."

It can be seen that after the family's investment loss in the "London Star" this time, Butler Sean is particularly sensitive to the word "investment".

Moreover, in his eyes, how could a young master who only knew how to spend his money like a drunkard invest... Even the old master lost such a large sum of money because of investment, which put the Cavendish family into such a big crisis!