The Richest Man Yang Fei

"Stop joking," Yang Fei took her hand away and asked, "What's the matter with you?"

Chen Ruoling said: "One of my brother's holding companies is going to be listed on Nasdaq. I wanted to ask you some questions."

Yang Fei smiled wryly and said, "Then you are looking for the wrong person, I really don't understand. I don't even have a company listed, let alone listed in the United States."

Chen Ruoling said, "At that time, you were in America."

Yang Fei asked: "Is your brother's company already listed?"

"It's not that fast. It's still being processed. The procedure is very complicated." Chen Ruoling said, "Nasdaq's requirements are relatively low, but the New York Stock Exchange has higher requirements. The New York Stock Exchange requires the company's net assets When it reaches more than 40 million U.S. dollars, Nasdaq only requires 6 million U.S. dollars. For this alone, the New York Stock Exchange has rejected most companies.”

Yang Fei said: "Those that can be listed on the New York Stock Exchange are all large enterprises."

Chen Ruoling said: "When we were doing an IPO, we also considered the New York Stock Exchange, but after a little understanding, we backed down. The New York Stock Exchange requires IPO companies to have a pre-tax income of more than US$100 million and three consecutive years of profitability. And Nasdaq only asks for $1 million. My brother’s company is far from meeting the requirements of the New York Stock Exchange.”

Yang Fei said: "It is also very powerful to be listed on Nasdaq."

Chen Ruoling said: "In the future, your Meili Group will definitely be listed on the New York Stock Exchange."

Yang Fei laughed and said, "I would like to borrow your good words. In fact, I am even more looking forward to the Aiduo mobile phone company we cooperate with being listed here."

Chen Ruoling said: "Facts have proved that it is the right choice for us to cooperate with you. Under your operation and management, the mobile phone license has exerted a strong ability to make money."

Yang Fei said: "For most Chinese, mobile phones are still a luxury, and the real era of mobile phones has not yet arrived! Our future is bright."

The two hadn't seen each other for a long time, and there was a lot to talk about.

Yang Fei told Chen Ruoling that he owned real estate in New York, and Chen Ruoling said in surprise: "Although buying a house in New York is cheap, the annual fee is very high, and you have to pay property taxes and other fees every year. You don't live here all the year round. , isn’t it a good idea to buy a house?”

Yang Feidao: "The biggest difference between the real estate in my country and the United States is that domestic real estate is under public ownership. After buying a house, we only have the right to use it for 70 years, while in the United States it is privately owned and has permanent property rights. Once purchased, the house and the house The sky above, and the land below the house, are all yours forever."

Chen Ruoling said: "You are talking about villas, right? Apartments are not included in this category."

Yang Fei said: "Yes, if you want to invest, villas are the best choice. As for apartments, I only bought a few in the Wall Street Center in New York. You can live in it yourself or rent it out. The return on investment is also very gratifying."

"I found that you have to touch the word economy in everything."

"If you don't manage money, money ignores you. To make money, you have to know how to spend money. Many people earn the same money when they are young, but in the end some people become poor and have to rely on their children to support them, while others lie at home collecting money. Enjoy a good old age life."

"Interesting." Chen Ruoling said, "It seems that I have to learn how to manage money from you. I have only learned how to spend money when I grow up, but I haven't learned how to make money or how to save money. I often hear people say, The biggest gap between the poor and the rich is not in money, but in thinking. The reason why the poor are poor is because they don’t want money to make children and children to make money.

He will only cling to the money in his hand and never take it out, becoming a full-fledged miser. "

Yang Fei said: "Wrong, it's not that the poor don't want money to have children, but they don't know how to make money have children."

Chen Ruoling said with interest: "Yang Fei, if you write a book on financial management, it will probably sell well. You are a successful entrepreneur, and the book you write on financial management will be more valuable for reference."

A flash of inspiration flashed in Yang Fei's mind, and he said with a smile: "Books about financial management? This is a good idea. To be honest, I have been thinking about two words since I started my business."

Chen Ruoling asked, "Which two words?"

"Poor and rich."

"Oh? What do you think?"

"Most of us are born poor. Some people say that we can't be rich for three generations; Parents rarely do. Our average family doesn’t know how to teach their kids financially unless the parents are in the top 1 percent.”

"I strongly agree. Even in my family, our financial management methods come from our own exploration. Our parents never teach us how to manage money. Other ordinary families will not teach it."

Yang Feidao: "My opinion is that the poor and the rich have completely different views on money and wealth. The poor work for money, and the rich make money work for them."

Chen Ruoling was originally just a joke, but unexpectedly provoked Yang Fei's fierce thought collision about poverty and wealth.

"Ruoling, in your opinion, what is a personal asset?"

"Assets? Well, houses, cars, factories, these are all assets."

"I have a different opinion. I think an asset is something that puts money in your pocket. What is a liability? A liability is something that takes money out of your pocket. It's the same house and car, someone bought them, and more and more Wealthy, some people bought them and got a lifetime of debt.”

Chen Ruoling said: "According to what you say, our assets are only money?"

Yang Fei said: "No, money is not our real asset. Putting money there can't bring us benefits. Only by using our brains and using money reasonably and legally to make money can we generate benefits. So, strictly speaking, our only Assets are our minds, our way of thinking."

Chen Ruoling supported her chin with her hands, and looked at Yang Fei: "Interesting, it seems like lightning flashed in my mind, did I catch the most powerful note in the universe?"

Yang Fei chuckled: "Don't make fun of me. Let me ask you another question, how long can you survive if you stop working?"

Chen Ruoling smiled pretty: "I can live until you doubt life!"

Yang Fei smiled and said: "I shouldn't ask you this question, because your family conditions are too good. Indeed, if you don't work, you can live a good and long life. But what about ordinary people? Especially The pillar of the family, once he stops working, how long will the family survive?"

Chen Ruoling said: "For ordinary families, stopping work means having no income. How long they can live depends on how much they have saved."

Yang Feidao: "Wealth is the ability to support a person's survival for a long time. If a person does not need to work, but can live for a long time until he dies, and his assets can continue to generate money and benefits for him, then his financial management is successful."

Chen Ruoling's face became serious: "Is what you said really achievable?"