Vol 4 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 love to show off is something that can't be done outside the world.

"I whispered to you, 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 a 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 refused immediately.

Buffett’s lunch charity auction this year is the fourth year, and 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 one this year was also recognized by the founder of the hedge fund Greenlight Capital. Inhorn was sold at a high price of $250,000.

If it's a meal of hundreds of thousands in China, this is really nothing. Our arrogance in playing China is absolutely world-class.

Not to mention the fabled meal of over one million later this year. In fact, at the beginning of this year, on the 6th of the month, in our ancient capital of Han and Tang Dynasties, there were already three people who spent 366,000 yuan in a astronomical meal. A special program was made.

The 360,000 6 in three years, including inflation, later the legendary meal with a price of one million, actually had to stand aside.

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

Feng Yiping felt that it was really hard to follow the trend now. With his current age and qualifications, it caused controversy on the one hand. 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 does not seem to be impossible to consider.

…………

Vincent wears a birthday hat and is held by Ma Ling. A large group of people clap and sing birthday songs around him. The little guy is obviously not used to it, but he is interested in blowing candles and blows 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 the proliferation of your wealth will be very impressive."

"Even if you don't consider your other aspects of income, by the time Vincent is 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 amazement, "They say that the Chinese are good at math, and it really is true."

Vincent is two years old today. By the time he is old, there are still 8 years to double in 8 years. After calculating, 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 online too much.

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 4 million yuan every year on a regular basis, and then invest the money saved every year in stocks, Real estate, or other fields, and guarantee an average annual return on investment of 2%, then, when you retire at the age of 65, your wealth will reach 228 million yuan, a properly hundreds of millions of old men.

Williams was also stunned 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, "Such a problem, for such a genius as Mr. Feng For the characters, 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 carefully prepared 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 agrees very much with John's words. It seems that the legend that the Chinese are good at mathematics 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, no wonder, it was a relatively high return!

However, where does Feng Yiping still lack investment channels? Where else would I be interested in less than a small return?

"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 is also unique.

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, and Miami is one of the most representative places.

It is said that after 8 years of financial crisis, following the exposure of the Madoff fraud case that shocked the world, and with the filing of more than 28 financial fraud cases that year, the worry-conscious little O’Hare 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, fbi was distributed in 48 branches across the United States and roughly detected more than 5 financial fraud suspects, involving the amount of money. 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 consequence is that the situation of telecom fraud in the country will not be better anymore. Many people who are deceived are disadvantaged groups.

In New Jersey, an old lady with no 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 calls can’t get through; in Texas, more than a dozen households on a farm have lost everything because of the purchase of "acceptance notes."

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

And it can range from hundreds of millions of dollars to many, such as the Swiss banking industry, being 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 the suspects and companies in that investigative report are not small in Miami.

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 has no investment means, 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 go so smoothly?

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 love to follow suit, is convinced that as long as the 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 back 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. It's no wonder that Madoff is 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, I will help you ask, see if I can give you a chance,"

In other words, if it weren't for the sudden financial crisis in eight years, if it wasn't for his son's report, Madoff's scam, he would definitely 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 broken out, and various forms of financial fraud can survive. Feng Yiping can’t say too much. However, mutual funds need to publish a lot of data after they are established and accept supervision by relevant departments. There is no need to account for these hedge funds. Insurance.

"If it is a long-term investment, I suggest that you still attract 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 strength seemed to be really good, but after getting to know Feng Yiping, some of his judgments were also correct.

"Before that, can you imagine that companies like Enron and Global Telecom will go bankrupt?" Feng Yiping said quietly, as if he knew what he was thinking about~www.wuxiaspot.com~.

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 400 million U.S. dollars before they suddenly went bankrupt. Didn't 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 is 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. Eight years ago, maybe they would 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 is best not to be expanded," 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.

"Understood, they would never know the reason," John said.

He also knows the severity.

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

"I'm here son,"

Feng Yiping remembered one more thing. He could learn from others later. From now on, take Vincent in a fixed place and take a photo on his birthday each year.

"Wait later, we will take our son to your school and take a photo at the place where we walked yesterday, OK?" (To be continued.)

_b If you think this chapter is pretty good, please don't forget to recommend it to your friends in your QQ group and Weibo!