Vol 6 Chapter 40: Persuade

"John, what about you?" Feng Yiping asked.

Heidi said, "Okay, we all want Man Tingfang's Chinese food,"

Ma Ling said immediately, "I'm calling now."

She obviously also thought of the possibility of a car crash. This call was naturally to Huang Jingping.

John glanced dissatisfiedly at his daughter who interrupted the conversation, and took Feng Yiping to the side, "Feng, are you saying that because of any reason?"

Feng Yiping was a little helpless, and John was really too sensitive.

"I just think that the recent housing market has been a bit sluggish. I am afraid it will be the same for some time to come. It is better to simply sell the company. You and Heidi will also have time to travel around the world."

"The recent housing market has indeed entered a period of low ebb, housing prices have stagnated, no longer the previous upward momentum,"

"As far as we know, some people have given up some properties under their names because of this,"

"But I think this is normal. This is just a transition. Generally speaking, everyone's enthusiasm for investing in real estate is still high."

"We had a high-end apartment in Miami last year, and sales were very hot,"

This is the view that everyone in the United States from ordinary residents to sales intermediaries, real estate agents, and Wall Street has at this time is that real estate is still a very worthy investment project.

For the ordinary middle class, it is a project that may generate a year's salary income, and for the high-capital class, it is a good safe-haven investment.

"John, take the liberty to ask, what is the gearing ratio of your company?"

For a company, this data is a very core data, but John said it right away without any hesitation, "About 70%,"

This is an unsurprising number.

Real estate companies are generally at this level.

In other words, generally speaking, this is still a relatively healthy ratio, provided that the sales situation is ideal and the market capital is generally loose.

"However, our personal financial situation is very good, or it has never been so good," John added, "The stocks of Google and Apple we hold are currently gaining significantly, or in other words, the rate of return is extremely high. "

It is indeed extremely high.

Google's current stock price has exceeded $600, that is, without considering the deed tax, his original investment has now increased by 5 times.

As for Apple’s stock, when they first bought it, it was just over $20. In the middle of 2005, Apple regained its glory in 1995, and its turnover returned to more than $10 billion. That is, at that time, Apple’s stock price Already more than 90 dollars.

Later, although Apple’s stock price took a roller coaster ride several times due to Jobs’ health and some inappropriate stock option awards, it now appears that its stock price is entirely possible to break the $100 mark in the near future.

With the official delivery of the iPhone in the second half of the year, and the subsequent panic buying frenzy, Apple's stock price will definitely have room to rise.

This means that as of this year, the Apple stock they bought has a very high probability of being returned.

This is naturally due to Feng Yiping.

Feng Yiping reminded him of these two investments through Ma Ling.

For him, it is also right to provide Ma Ling's family with some high-return investment opportunities within his ability.

"For all the projects currently in operation and the properties that have not yet been sold out, about how many are there," he continued.

"We are acting relatively steadily now. Last year there was only one project in Miami, which has not yet been sold, which is about slightly less than a third.

"However, according to the current momentum, at most by the end of this quarter, all can be digested," John is still quite optimistic.

Feng Yiping also felt that from the general situation, this did not seem to be a big problem.

"What's next this year, are there any new plans?"

"Still in Miami, we are preparing another high-end real estate project. However, given the current market situation, to be honest, I am actually a little uncertain,"

As a real estate agent, John is actually quite contradictory. He already knows that many people’s properties have been confiscated by banks. On the other hand, because of the loose financial market, house prices are still running at a high level, and many people still choose to invest in real estate. .

He knows that even many real estate agencies generally hold more than 3 sets of real estate for pure investment purposes.

"My opinion is that the sales volume of new homes has reached the highest point in 2005, and now it should be in a period of continuous decline in the real estate market capacity,"

"Although we are not sure how long it will take to get out of this low period, I think that next, the real estate market, especially the sales of new houses, will continue to be sluggish. That's for sure."

"So, my suggestion is not to start any new projects this year, and wait and see after the original operating projects are completed, or it is a good choice."

If John is determined to continue to develop in his old bank, he will have many opportunities by then, holding a large amount of cash.

Or, John can choose to sell some of his stocks and buy back his company's shares from other shareholders.

Of course, while the current situation is still good and the real estate market is still relatively hot, it is the best choice to sell your shares at a high price.

"I believe your judgment, but for our industry, the cost of holding money on the sidelines is too high,"

"In addition, keeping the currency on the sidelines means that we will lose a lot of opportunities for development. You also invest in real estate. You know, good land is always very popular."

It seems that, like everyone else, John also feels that the current real estate market is a bit sluggish compared to the peak period, but in any case, there will be no major problems.

"John, you can do the math. In the past few years, did you get a high return from operating a company or other investments?" Feng Yiping asked him a question.

"Naturally, other investments get high returns," John said without hesitation.

Not all investments can achieve a return of 5 times or more in just a few years.

Moreover, the return from investing in stocks is very refreshing, unlike operating a real estate project, which takes several years before and after, so it will incur a lot of hidden costs.

"I want to say that although there may be some repetitions, the stocks you hold now, including Amazon, will always go up in the future."

"The return from this, I think, will exceed the return you get from running the company,"

"So, if you consider it purely from a financial point of view, it is obviously more cost-effective to pool your assets for investment,"

The reason why he said it was purely from a financial point of view, mainly because the identity of the person in charge of a company is also more important on many occasions.

In many social situations, if there is no title on your business card, it is obviously embarrassing.

"Besides, you and Heidi are not young anymore. I think you have been fighting for decades, and it is time to put down your work and enjoy yourself, right?"

"I think Ma Ling and Annie have the same idea,"

From Maling's side, he treated John and Heidi as his own parents.

Ma Ling has listened to Feng Yiping for a while, and this will immediately say, "Yes, John, I hope you and Heidi can stop working so hard."

Annie said, "I don't care, anyway I have a trust."

Heidi couldn't help but hit her.

"Feng, you are all right, and I can understand your thoughts, but Feng, can you tell me, are there other reasons behind this?"

From the very beginning, he felt that Feng Yiping talked to him about this issue, not simply hoping that he and Heidi would retire and enjoy life.

"There are not many other reasons. I just think that the real estate market has reached an inflection point. Of course, perhaps I am too pessimistic. However, under the current circumstances, selling your company is not It’s a good choice,"

"Besides, this step will be taken sooner or later, won't it? It's just a few years in advance."

"Yes, I have no interest in building houses at all," Annie said immediately.

John thought for a while, "I'm in Washington, and I also invested in two properties."

"Is it financing from the bank?" Feng Yiping asked.

"Yes, from bank financing, of course, as long as we sell some stocks, we can easily own them,"

Feng Yiping knows the core of John's question, "I don't think it is necessary to sell the stocks you currently hold for the real estate in Washington."

"The stocks you hold, including Netflix, will continue to bring you high returns in the future,"

"As for the two properties in Washington, I think it would be a good idea to choose to sell now if there is no other reason."

"Sold now?" John fixedly looked at Feng Yiping.

"Although selling now may bring some losses, overall, selling now, I think, should be a good choice,"

He knew that the crisis really broke out and that the real estate market in the United States should collapse next year, but obviously, you will not have a chance to make a move when the loan you have to repay is higher than the valuation of the property.

It is impossible for him to let John make a shot at the last minute very accurately, which would be too suspicious.

It is a genius who can judge the general trend, and can determine the specific time when the general trend will change, that is the evildoer.

"I think I understand," John patted Feng Yiping on the shoulder.

When returning to the house to change clothes, Heidi asked in a puzzled manner, "When we were in Washington, when did we invest in two properties?"

John smiled. "Do you think I can do this without telling you?"

"I think this holiday is over, we will sell the company,"

Heidi was overjoyed, "Are you determined?"

This real estate company can be said to be John's greatest achievement, and it has placed a lot of John's feelings on it.

"It's time for us to enjoy life with confidence, isn't it?" John said~www.wuxiaspot.com~ Besides, since we can get more rewards more easily, why should we work so hard? "

Sure enough, for a businessman, those who are emotionally charged are all clouds in the sky in front of rewards.

"Besides, selling the company when the anti-war is going well is a perfect ending for our career, isn't it?"

So it must be said that a successful businessman is somewhat aspiring.

"I have thought about where to go for the first stop after retirement," John said with some excitement. "I have been looking forward to hunting in Africa for a long time."

…………

Xiao Zhijie and Wang Changning woke up in their house on the mountain outskirts of Los Gatos, ready to go to Man Tingfang.

After changing their clothes, facing the mountain breeze, they walked up to the top of the building and looked at the nearby towns, which gave them a more intuitive understanding of Silicon Valley.

"I always feel that in the United States, houses are not expensive and the environment is good, but it's just too deserted," Xiao Zhijie said.

"Let me live in a place like this, to be honest, I'm afraid I will go crazy,"

"The land is vast and there are few people, isn't that the result," Wang Changning would be more objective when Xiao Zhijie was emotional, "Besides, can Yiping be the same as us?"

"His favorite is such a place that is not disturbed,"

"That's right, even if he lives here, he won't be deserted," Xiao Zhijie said, "Oh, Jingping called, let's go."

…………

After walking into Man Tingfang, Rong Rong and the three of them immediately lit up and gave a "Wow" together, but Huang Qinping curled his lips, "That's it."

When Huang Jingping took them close to her office and looked at the table set up in the office, she couldn't help but complain, "No, Huang Jingping, are you here to receive us?"