Rebirth of the 92 Business Tycoon

Vol 5 Chapter 258: Pits everywhere

"These friends of John must be very satisfied with you," Maling said.

Feng Yiping thought that this might indeed be the case. It seems that the love to show off is the same in ancient and modern China and foreign countries.

"I told you in a low voice, I didn't actually say much today,"

"why?"

"Why?" Feng Yiping hugged her a little proudly, "If you want to hear some specific insights, how can you pay some price like Buffett lunch,"

Ma Ling didn't think he was arrogant, and said seriously, "You are right!"

Feng Yiping felt a little embarrassed by her so readily affirmation.

"Would you like to have a lunch auction?"

"No, no," Feng Yiping immediately refused.

Buffett’s lunch charity auction this year is the fourth year. It can be said to be a household name in the United States. Although it is not as exaggerated as the later millions of dollars, this year’s event was also recognized by the founder of the hedge fund Greenlight Capital. Inhorn sold at a high price of US$250,100.

If it's in China, hundreds of thousands of dinners, this is really nothing, we are playing China, the pride in eating is definitely world-class.

Not to mention the fabled meal of over one million later, in fact, at the beginning of this year, on January 6, in our ancient capital of Han and Tang Dynasties, there were 13 people, spending 366,000 yuan in the astronomical meal, even CCTV They all made a special program.

The 360,000 in 2003, after accounting for inflation, the legendary meal price of one million, in fact, has to stand aside.

But in the United States, it’s incredible that a meal costs hundreds of thousands of dollars. Even if it was Buffett, even if it was a charity event, Buffett’s auction of lunch has caused a lot of controversy in American society.

Feng Yiping felt that it was really hard to follow the trend of doing this now. With his current age and qualifications, it was one thing that caused controversy, and on the other hand, it was like singing the opposite of the old man, not good.

However, he also thought that in the future, this matter seems not to be considered impossible.

…………

Vincent wore a birthday hat and was held by Ma Ling. A large group of people gathered around him and clapped his hands to sing birthday songs. The little guy was obviously not used to it, but he was interested in blowing candles, and he blew it cleanly.

Feng Yiping was eating cake with the little birthday star, John and Williams who worked in the bank came over, "Feng, can you talk alone?"

If you can't be alone, but now, John is standing with you, can that still work?

"Here, please," Feng Yiping took them to a table next to him, "the cake is pretty good, thank you John,"

"It's really good, Mr. Feng, I want to tell you another delicious cake," Williams said rushingly. "With your current achievements and your personal wealth, it has long been necessary for a specialized agency to take charge of it. Based on your current wealth scale, if your annual investment returns are ideal, then your wealth will increase significantly."

"Even if you don't consider your other aspects of income, by the time Vincent is 10 years old, your wealth simply depends on investment to double, which is not a problem at all."

"9% annual rate of return, compound interest, right?" Feng Yiping wiped the cream from the corner of his mouth and said very casually.

Both of them were shocked.

John looked at Feng Yiping in surprise, "They say that Chinese people are good at mathematics, and it really is true."

Vincent is two years old today. By the time he is 10 years old, there are still 8 years left to double in 8 years, and the annual return is about 9%.

But this problem, John used a calculator to figure it out for a long time.

Feng Yiping smiled and said nothing.

Later, similar issues should not be discussed too much online.

For example, how to surpass Li Ka-shing? In other words, how much money do you need to make a year to become a billionaire when you retire?

There are many answers to the latter question. Feng Yiping remembers clearly. One of the solutions is that from the age of 25, you only need to deposit 14,000 yuan every year on a regular basis, and then invest all the money saved every year in stocks and real estate. , Or other fields, and guaranteed to get an average annual return on investment of 20%, then, when you retire at the age of 65, your wealth will reach 102.81 million yuan, a properly hundreds of millions of old men.

Williams was also shocked for a while. He did not expect this result. Feng Yiping revealed the mystery himself. Of course, the effect of this statement would be compromised. He smiled, "This kind of question is for such a genius as Mr. Feng. For the characters of, naturally it’s not a problem, Einstein said,"

He just got up and was immediately followed by Feng Yiping, "Compound interest is the most powerful force in the world?"

"Yes, Mr. Feng really knows everything," Williams felt a little frustrated. This set of rhetoric he prepared carefully was followed by a few words by Feng Yiping. Let alone the shocking effect, it is estimated that he will not be able to leave a deep impression. .

He now also agrees very much with John's words. It seems that the legend that the Chinese are good at math is really true.

He sorted out his emotions and decided not to show off. "I also opened the skylight to speak up. Our bank is now operating a hedge fund. I can assure you that the annual return will never be less than 9 %,"

"John knows our strength and ability. If we can serve you, Mr. Feng, it will be a great honor for us!"

Feng Yiping glanced at John, and it seemed that he must have joined the project. Not surprisingly, it was a high return of nearly 10 points!

However, where does Feng Yiping still lack investment channels? Where else would I be interested in returns of less than 10 points?

"Mr. Williams, are you and your company in Miami?" Feng Yiping asked, crossing a piece of cake.

Williams feels very bad, very helpless, even a little broken, please, what is the problem with you? Does this question and the matter I told you have a penny relationship?

This is also a different angle. For Feng Yiping, this issue is actually quite critical.

As we all know, the United States is not only leading the world with high technology, but its financial industry also leads the world.

But just as the domestic telecommunications industry was developed later, so telecommunications fraud was rampant, and financial fraud was also very developed in the United States, where the financial industry was developed.

Domestic telecommunications fraud, like other industries, was later concentrated. Similarly, financial fraud in the United States also has a certain concentration area. Miami is one of the most representative places.

It is said that after the 2008 financial crisis, following the exposure of the Madoff fraud case that shocked the world, and with the filing of more than 2,800 financial fraud cases that year, the very worrying little O’Hai asked the investigation department to carry out a code named " To save the trust crisis plan" investigation.

The result was shocking to everyone. According to the results of the first investigation, in addition to the known cases, the FBI has 48 branches across the United States and roughly identified more than 500 financial fraud suspects. The amount involved. They vary in size, with the small ones being only a few million dollars, and the most up to several billion dollars.

Different from the later domestic telecommunication fraud cases, these financial frauds in the United States are clearly frauds. The main body is banks, or some companies, as well as well-known public figures such as Madoff. It can be said that the impact is even worse.

The resulting consequences are naturally not much better than the situation of telecom fraud in China later, and many people who are deceived are disadvantaged groups.

In New Jersey, an old lady without children was cheated of all her savings and she had nowhere to go; in South Carolina, a widow invested all her savings in a company to make some money for her son to go to school, but she soon discovered that. The company’s phone call can’t get through; in Texas, more than a dozen households on a farm have lost their money because of the purchase of "acceptance notes."

However, there are also heroic figures in the United States who are engaged in financial fraud, such as Madoff. Even the Swiss banking, HSBC, BNP Paribas, Santander, and Royal Bank of Scotland have all cheated.

And it is as small as several hundred million dollars, and many, such as the Swiss banking industry, have been deceived as high as 4.2 billion US dollars!

In short, the results of the investigation made Comrade Xiao Ohei very worried. He worriedly asked at the time, "Do people think that the United States is full of financial scammers?"

And those suspects and companies in that investigation report, Miami occupies a large proportion.

Therefore, Feng Yiping has already struck a string in his heart, and it is best not to deal with financial institutions in Miami.

Even if he doesn't have the means to invest, he will definitely stay away from these money-playing guys in Miami.

Only he knew the reason at this time.

Although Williams didn't know why Feng Yiping had such a question, although depressed, he answered very honestly, "Yes, in Miami,"

"Miami is really a good place, IKEA is livable," Feng Yiping ate his piece of cake cleanly, "but I'm sorry Mr. Williams, because of the next plans, I really don't have free funds for the time being. ,"

"Mr. Feng, you don't need to reply right away. I will leave you with the detailed information, so you can take a good look." This result, from the beginning of the discussion, repeatedly disrupted by Feng Yiping, Williams already has Pre-judgment, so he is not too discouraged. Talking about business, how can it be so smooth?

He believed that for a person like Feng Yiping who is so sensitive to numbers, his 9% return must be very attractive to him.

The main reason they came to Feng Yiping was naturally because of Feng Yiping's influence. In other words, there are more and more wealthy people in China.

If China's richest man Feng Yiping can join their project, Williams, who understands that Chinese people love to follow suit, is convinced that as long as this news is distributed in a targeted manner, many wealthy Chinese people will line up to send money to the door.

Until then, ha ha!

He decided to visit Feng Yiping at least once a month.

…………

"Feng, are you not optimistic about this project?" John asked as soon as Williams left.

"You know that I don't need such an opportunity," Feng Yiping said. "In addition," he looked around and looked back at Williams. "He doesn't ask me how much money I can invest, and he guarantees that every year I can return. Above 9%,"

Feng Yiping picked up a glass of beer and shook his head, "I don't think it's very reliable. Let's put it this way, I think there is a Ponzi scheme."

"How is it possible?" John couldn't help crying out. "The strength of their bank, I know very well. Their investment portfolio is excellent, with a high rate of return, and very stable. Many of my friends and I have already invested. No problem for a few years,"

"If no one introduces such an investment plan, you just have the funds and are not eligible to join. I know that many people want to invest but are rejected. Feng, you must be thinking too much."

"Really?" Feng Yiping played with beer bottles, which is not surprising. Madoff is also the same.

Madoff is usually in country clubs or other places. Let a person say that I have just got a good investment opportunity, and after arousing some people’s interest, he will say, "This project does not accept investment casually, but who Call us friends, let me ask you questions and see if I can give you a chance."

In other words, if it weren't for the sudden financial crisis in 2008, if it wasn't for his son's report, Madoff's scam, he would certainly not be exposed. As long as he was given time, the final amount involved in the case could exceed 100 billion US dollars.

"You can disagree, but John, let me give you an opinion. You are an investment fund or a mutual fund. You must not invest in a hedge fund."

The financial crisis has not yet erupted, and various forms of financial fraud can survive. Feng Yiping can’t say too much, but mutual funds need to publish a lot of data after they are established and accept the supervision of relevant departments, which is better than hedge funds that don’t have to account for these. Be insured.

"If it is a long-term investment, I suggest that you still absorb more blue-chip stocks. Of course, after Google goes public, you can also hold some large amounts. I believe that the return will not be low,"

John's expression also became serious. He thought a lot. Williams and his bank's strengths seem to be really good, but since they met Feng Yiping, some of his judgments have also been correct~www.wuxiaspot.com~ Before, could you imagine that companies like Enron and Global Telecom would go bankrupt? "As if he knew what he was thinking, Feng Yiping said quietly.

Alas, no way, this is Ma Ling's father. If his finances go wrong, will it eventually become his own problem?

After hearing Feng Yiping’s words, John was taken aback again. Yes, Enron and Global Telecom were all giants with a market value of more than 40 billion US dollars before they suddenly went bankrupt. Did they still go bankrupt if they went bankrupt? What is the net assets and market value of Williams and their banks?

"You are right, I will redeem it right away,"

"No, don't have to be in such a hurry, wait for some time, such as the end of this fiscal year, it's better to find a better reason," Feng Yiping said.

Even if Williams and his bank's fund is a Ponzi scheme, they still have a good life for a few years. Before 2008, they might not look up and see their heads down, so there is no need to be ill.

Moreover, if John is successfully redeemed in the near future, Williams’ bank has really created a lot of profits for him.

"John, this inference and suggestion of mine, it's best not to expand," Feng Yiping added, cutting people's wealth is tantamount to disagreement, just do it quietly.

As long as you don’t fall into this pit, it’s good.

"Understood, they would never know why," John said.

He also knows the importance.

"John, Ping, come and take pictures," Ma Ling greeted Vincent at the door holding Vincent.

"I'm coming son,"

Feng Yiping remembered one more thing, he could learn from some people later, from now on, take Vincent in a fixed place and take a photo on his birthday every year.

"Wait later, we will take our son to your school and take a photo at the place where we walked yesterday, OK?"

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