Entrepreneurial God, I have tens of millions of employees
Chapter 650 Cashing out and walking on two legs
Several relatives came from my hometown. Peng Ying went to the train station to pick them up. These relatives were all from the Peng family.
They were cousins of Peng Ying. One of them was in his sixties and another was in his fifties.
The main reason for coming this time was also for the children in my family.
I finally took out all my savings to buy a house in the city, but I couldn't get the house.
It wasn't an unfinished project, but the construction site had no money to start the work.
When it comes to this kind of thing, the normal situation is to delay it again and again.
I found many people and tried all kinds of ways, but the final result was that the bank's money had to be repaid, but there was no house.
The only way was to come to Peng Ying.
Because they were all relatives who had little contact, and Chen Pingsheng hadn't been back for many years, he didn't come back either.
But after knowing the matter, he still asked Song Yanxi to deal with it.
Basically, he bought all the unfinished buildings bought by these relatives.
This little money was not worth mentioning to him, but it was really deadly to these rural relatives.
I cried every day without knowing where to cry.
Seriously speaking, it is really not easy for ordinary people to buy a house.
Not to mention buying an unfinished building.
His relatives can still have him to finish the work, but those country folks who have no one to finish the work will be really miserable.
Chen Pingsheng spent more than 30 million yuan to buy the house, because it is not a house in a super first-tier city, and tens of millions of yuan can help those poor relatives in the countryside who are in trouble to get through this disaster.
He also did a great thing for his relatives. Anyway, he usually doesn't deliberately get close to these relatives in trouble.
But if he really encounters something, he will still help to the best of his ability.
In late October, when Nvidia's stock price rose to 680 billion US dollars, Chen Pingsheng didn't wait any longer.
He simply took out 1.5% to cash out, at least to cash out all the principal invested.
The rest will depend on the situation.
1.5% of 680 billion US dollars is not a small amount at all.
It was a huge cash out of 10 billion U.S. dollars, which is about 70 billion yuan in RMB.
Chen Pingsheng would basically gather all the funds needed for Tengfei New Energy one year in advance.
This year, because of the three large cash outs from Tesla, his investment in the field of science and technology has been raised three steps at once.
After the cash out was completed, 30 billion was also allocated to Tengfei New Energy.
Adding the 20 billion invested before, the reserve funds of Tengfei New Energy, including Tengde Times, will reach 50 billion in 2021.
There is no shortage of funds needed for the next year.
As for other sectors, there is no shortage either.
The reason for cashing out is that he does not want to put all his money on Nvidia alone.
With 40 billion left, plus the 8 billion cash he already has, Chen Pingsheng held a meeting at the headquarters for two consecutive days and finally decided to invest in Google.
At present, the total market value of Google is about 700 billion U.S. dollars, which is 4.8 trillion yuan in RMB.
He invested 48 billion, but he could only buy back 1%.
With his existing capital, he can only invest in these technology giants.
It is easy to get into smaller stocks but difficult to get out.
The stock price can be destroyed by a single move.
For Google, there is no need to worry about cashing out.
It is still the same as before. Once invested, it will not be cashed out for at least two to three years.
If it can double in three years, it will be extremely impressive.
As for the high-quality assets in China, it is not at the point of despair. Although everyone has difficulties, they always feel that they can hold on a little longer.
If they have this mentality, it is not the best time for him to enter the market.
Only when these people completely abandon all fluke mentality, that is the best time for him to enter the market.
It is almost the end of October, and the group will also start to count the third quarter profit report.
As for their own family, they will also start to count the income.
His family’s most stable income currently comes from investment and the rent from Tengchao Business Management.
He has invested nearly 100 billion in Tengchao Business Management, and the investment time is very early.
6◇9◇Book◇Bar
The annual net rental profit is as high as 3.5 billion.
In addition, Shuiyunjian also has a large cash income. Due to well-known reasons, Shuiyunjian's profit this year is at least 30% less than last year.
The total expected income for the year is only 2.6 billion.
Putting aside investment, these two incomes are the most stable among the family income.
As for Tengying Group, there will be no dividends in the past three years, so there is no room for calculation.
After putting down the family financial report in his hand, Chen Pingsheng said: "We must save a little. It seems that our family is thriving. Putting aside investment, the real stable income for a year is only about 6 billion, which is still a long way from expectations."
The reason why stock investment income is not calculated is mainly because that kind of thing is risky income.
It may be very high this year, but it is completely uncertain next year.
At least he doesn't know whether Nvidia, including the newly invested Google, will rise or fall next year.
This kind of uncertain asset, of course, cannot be included in the family's stable income source.
"That's not low, right? I think it's already impressive to be able to maintain a stable annual income of more than 6 billion."
"That's what I said, but I still feel it's a little too little."
Chen Pingsheng said: "Singapore has invested 20 billion, and it is expected to have a stable income of 780 million next year. When Tengfei New Energy really takes off, there should be a surge by then."
Song Yanxi also nodded, "My Tongxin family, which invested more than 5 billion, can generate very good profits in less than two years."
"Wait a minute, our family is far from its peak period yet. There probably won't be many relatives from my mother's side recently!"
"A lot less."
Song Yanxi said: "You had good intentions when you took over the unfinished house from them. Unfortunately, some people always like to think that we are fools. They even took a few broken bowls at home and said they were antiques and wanted to sell them to us for millions. They even said that they lost everything and took it back.”
Chen Pingsheng shook his head and laughed, "Some people are like this. If you give them a little dessert, they will rush to take advantage of you. They always feel that you have helped others but not them, and they are very unbalanced. Such people should not Manager, just ask the security guards to rush out next time you come over.”
"Isn't this bad? After all, it's still a little bit related. Besides, your mother won't do the same thing."
"If you treat them as a relative, they like to treat you as their scapegoat."
Chen Pingsheng said: "Don't worry about this kind of people anymore. There is nothing we can do about the house. Ordinary people will not be able to survive this kind of thing for the rest of their lives. If we don't lend a hand, we probably won't be able to sleep a wink until the day we die. Other things are different. It’s just a matter of taking advantage.”
Song Yanxi thought about it, it was best to ignore this kind of person, it was uncomfortable to look at him.
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