Wall Street Legend

"Principal guarantee" and "annualized rate of return of eight percent", these words are stimulating Ms. Viggo Moore, and Carneg and others.

Except for Ms. Laura who didn't understand anything, the five old employees of Freshwater Fund Company all showed shocked expressions. They knew how terrible this kind of fund was. Both are much higher!

In this year when the market environment is not so good, it is not easy for a fund company to achieve capital preservation, let alone achieve an 8% rate of return?

It’s okay when there are not many funds under management, but if there are 100 million or 1 billion US dollars in entrusted principal, it means that the dividends alone will be paid to 8 million US dollars or 80 million US dollars every year!

If we take a long-term view, 8% of the principal in the first year, the principal plus the 8% income in the second year, and then multiplied by 108%, continue to increase in the third year If it goes on...it will snowball bigger and bigger. Once the profit is not as expected, the loss will be quite terrible!

Even on Wall Street, few people dare to launch such wealth management products.

Only some well-known financial institutions have launched some similar private equity wealth management projects for the rich, and they are not sure how high the rate of return will be. The minimum amount of gold guaranteed.

However, is the money after three or five years still the money now? Inflation is happening almost every year, money is in your hands, and not making money means losing money.

When it comes to "inflation", there is an example that can explain this word clearly: For example, a girl's measurements used to be 36-24-36, but now they have become 48-40-48. Although the numbers are larger than before, but The "value" is lower than before, which is inflation.

Smart capitalists always do everything possible to reduce their losses.

The five people standing in front of Ye Dongqing, you look at me, I look at you, all hope that they are thinking too much, and hope that this is just a method adopted by young small bosses to stabilize investors.

No one is sure that they can achieve a net rate of return of more than 8% every year. In their view, only crazy people will launch such suicide financial products.

At present, there are capital preservation funds on the market, but they will not promise to pay customers a fixed percentage of dividends every year.

Assuming that the initial size of a capital preservation fund is one billion US dollars, it is ultimately necessary to ensure that the assets after three years are not less than one billion ten million US dollars. In order to achieve the goal of capital preservation, the fund manager will calculate how much assets need to be used for capital preservation based on the three-year time deposit interest rate in the market.

If the annual regular interest rate is 4%, to make the assets reach 1.11 billion U.S. dollars in three years, now only need to invest 898 million U.S. dollars to achieve the goal of capital preservation.

The extra 102 million US dollars can be used to invest in high-risk assets such as stocks. Even if all these assets lose money, they can still achieve no loss.

Compared with other types of funds, it is a fairly safe type of fund, and it can usually preserve capital, which is capital preservation without calculation of inflation.

Ye Dongqing was a little out of breath after saying so many words in one breath. The product he wants to launch is much more powerful than ordinary capital preservation funds.

There was no sound on the other end of the phone, but Mr. Diya, the investor, hadn't hung up. After a few seconds, there was a questioning voice: "The principal will not be lost. Give me 8% every year, are you sure?"

"Very sure, we have designed a set of the most stable investment methods, as long as it can be withdrawn at any time after one year, and the principal with interest can be credited to the account at any time.

If you want to continue to invest, you can, but by then it may not be as high as 8%, and the official product will only be 7% to 7.5%, because you are the most valuable customer, and you can get such a generous amount. highest dividend. "

Conversation is an art, and Ye Dongqing has undoubtedly become a master, more like a clever liar.

Complicated companies didn’t mention it, they only selected well-known companies such as General Motors and Boeing to deceive each other, and also included businesses such as oil and hedge funds that ordinary people only know little about, which seemed very high-end.

Words such as new company, new boss, and billionaire can create an illusion of strength in the other party's mind, and finally use the guaranteed principal and 8% annualized rate of return to directly stun the other party.

Judging from Mr. Dia's words, he has undoubtedly begun to be tempted. The voice on the other end of the phone continued to be heard, with vigilance: "If there is such a good product, why did you go there before?"

Ye Dongqing didn't even think about it, and said with a smile: "Although the company has the same name, it already belongs to different bosses. Poor old Mr. Steven has jumped into the river to express his apology. I think you know about it, right?"

"It doesn't matter if you don't want to continue to let Freshwater Fund help you manage your finances. We have already received tens of millions of dollars in investment, including Mr. Buffett and Mr. Bill Gates, who is now the richest man in the world.

They are probably very interested in our investment model, and they plan to invest 20 million US dollars, 10 million per person, adding up to 20 million in total. It is definitely right to invest with the rich. The reason why you become rich is because you have a better vision. Then I will arrange the transfer for you now? It will arrive next week at the latest, you know, banks are not efficient..."

"That... what's your name, Leo, right? Absolutely no loss, 8% a year?"

"Yes, I will definitely not let you lose even a penny. There is no 8% rate of return. I will pay you to make up for it myself!"

"Okay, let me think about it for a while, and I will reply to you tomorrow morning. I only accept an investment of 500,000 U.S. dollars at most, and no more?" Mr. Dia asked.

Ye Dongqing raised her eyebrows, and continued to throw out the bait to fish: "Each person can invest up to 500,000 US dollars. You are a veteran investor. You know that this product has an amount limit, right?"

"That is, I can still open a wealth management account in the name of my wife? It's also 8%, right?"

"This... I need to ask the boss, but since you have lost so much, I believe he will agree.

Give me a call after you think about it. The current office area is too small, and we plan to relocate to the new headquarters as a whole. If you are going to come and see it in person, sir, it is best before next week, otherwise you may not be able to find the location of the new headquarters. Or give me a call ahead..."

After chatting for a few more words, she hung up the phone. Seeing them staring at her unblinkingly, Ye Dongqing immediately figured out the reason, and asked jokingly, "Why, I'm worried about getting on a pirate ship and falling into Ponzi In a scam trap?"

“Honestly, I do worry a little bit that the guarantee of the principal and the rate of return of 8%, even if it is only 7%, are unlikely to be sustainable for a long time.

Apart from the Ponzi scheme, I can't think of why you can have the confidence to maintain such a high dividend rate of return. How much investment do you plan to absorb in total? "

Mr. Kyle, a middle-aged man who was already bald, asked him.

Kyle has been struggling for so many years and has seen a lot of cunning and cunning on Wall Street. Ye Dongqing's nonsense just now seems normal to him. No matter what method he uses, he will win if he can retain customers.

At this moment, I am more concerned about how this new boss has the courage to launch this kind of wealth management product. I think Ye Dongqing is probably crazy, or just a little guy who doesn't understand anything, thinking that he dares to come to Wall Street if he has a few money mess.

For the latter, Wall Street will let a group of naive guys figure out what cruel reality is every minute.

Ye Dongqing doesn't have any capital, reputation, or experience advantage, at least in their view, it is not easy to convince a group of elite employees.

He jumped down from his desk, put away his mobile phone and stuffed it into his trousers pocket, patted his trousers and said: "I will charge as much as you want, even if it is 10 billion dollars!

Do you only dare to think about how high the dividend of seven or eight points is, why don't you think about why I am only willing to give so much to investors? That's because all the extra money we earn with the principal in the future will be our profit! "

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