legendary trader

Chapter 798 Chapter 799 Donate Buildings
In the following time, Chen Fan stayed at home obediently, hugged the child, and assisted Liu Ying in dealing with the company's affairs, and lived a carefree life.

In addition to regularly receiving financial market analysis from Chaofan Investment, Oaktree Capital and Tianqin Investment every week, there is also a look at the investment plan of Red Sun Fund to help review the stocks for investment.

Well, the sequelae of mental exhaustion for more than a year broke out completely. I feel very tired and don’t want to do anything. I just want to stay at home, have nothing to do with my baby, and relax completely. The result is that the more I rest, the more I don’t want to do anything. .

After only a few years out of school, Chen Fan felt that the money in his bank account was enough to last for several lifetimes.

Of course, it's not like he doesn't want to think about anything at all. Just today when he was holding his baby and watching TV, he still smelled a little investment opportunity, but he felt that it wasn't time to make a move.

A financial program is reporting on the current situation in the United States.

After the Nasdaq market fell twice in April and September, a large amount of funds withdrew from the U.S. financial market. Although the Dow and the S&P index had limited declines, especially the Dow, which was still stubbornly oscillating at the high level of 4 points, It did not effectively fall below the 9-point mark, which made it even more apparent that the previously very attractive technology stock market was shattered.

By this time, the media had begun to call the Nasdaq market from last year to March this year a "technology stock bubble", but now it is just the situation after the bubble burst.

Although the stock prices in other markets were only slightly affected, the decline was not large, but the Nasdaq market, which was released to attract funds, was finished. Naturally, it was impossible to retain these capitals, and the withdrawal of capital had a chain reaction. effect.

The stock market is a barometer of the economy. This is not a casual statement, because a good stock market will not only affect the accumulation of funds, but also have a great impact on all aspects of the social economy.

In the past, because many people were optimistic about the US economy, the huge amount of money mobilized not only entered the stock market, but many rich people also took root in the US venture capital industry, established venture capital fund companies, and invested in emerging industries. This also made these people with dreams Entrepreneurs reap huge benefits.

Most of these people are college graduates. Of course, there are also young people who left big companies to make a fortune. But overall, both in terms of income and assets, most of them are in the middle and lower classes of American society. One can imagine.

This is the case in American society. After these people gain wealth, they first feel that their projects have unlimited prospects and can bring them huge profits in the future. Second, money is easy to come by. The previous poor life is enough, and naturally a luxurious life begins. up.

Buy mansions, drink wine by the pool, throw parties, and find out about those swimsuit girls.

Where does the biggest driving force for a country's economy come from?Nature is social consumption.

Social consumption power increases with the increase of personal income, especially in a society like the United States, most people consume in advance. Although most people owe money to the bank for consumption, it is still generally within the range that they can afford It can be regarded as rational consumption.

When the stock market is good, everyone's expected income will naturally rise, not only the practitioners in the financial industry will benefit, but also those investors who invest in the stock market.

With the expected increase in income, the consumption level in the United States has naturally risen sharply in the past two years, and the surge in demand will naturally lead to some price increases.

In the past two years, with the rise of the stock market, a large amount of international capital has entered the United States, which has stimulated the vigorous development of all walks of life in the United States.

Entrepreneurs naturally prefer those mansions worth more than one million yuan after gaining wealth. Not only must there be a huge garden, but also a private swimming pool. quality of life.

The real estate market in the United States has achieved considerable development in the past two years. Not only has the sales reached new highs, but housing prices have also risen sharply.

Now that the Nasdaq market has fallen, the entire venture capital market has become a mess, and a large amount of funds have been withdrawn. Correspondingly, the so-called social elites who were once glamorous in the past also immediately felt the arrival of severe winter.

In fact, this feeling has already begun in April and May this year. The previously negotiated financing began to be stopped by the capital, and venture capital companies that could not get funds began to face the danger of breaking the capital chain.

After more than half a year, those companies that lacked capital reserves went bankrupt and liquidated one after another, because the creditors really couldn't see the value of rescue.

During the bankruptcy protection period, let’s go to bed and sleep. There is no market without products, and everything needs huge capital investment to create. Who is willing to continue to spend money to create this illusory market.

The company can go bankrupt, but the entrepreneurs who used to be prosperous are now receiving calls from the bank for loan reminders. I don't like borrowing money, and of course, with the rise of housing prices, this habit can only be gradually changed.

Ordinary people in the United States may have been in debt to the bank since they were born. Maybe their hospital expenses were paid by credit card when they were born, and maybe the pastor of the church also accepts credit cards for payment.
Now these entrepreneurs have also begun to sell their houses to cash out, not only because of the bank's loan reminder, but also because some people plan to pay off the mortgage and use the remaining money to continue to maintain the company or simply make a comeback.

Well, in fact, not only entrepreneurs, but also many capitalists with thin assets have expanded their business at inappropriate times, and now they are also facing the current situation of financial distress. They can only sell assets to obtain cash.

Through the TV, Chen Fan saw pictures of those mansions in the United States. Of course, he was not interested in those so-called mansions worth millions of dollars, although if he moved to the imperial capital, it would indeed be considered a top mansion.

Of course, the TV media in Huaguo also understand, so they all choose the real estate listed in the top wealthy area in the United States, covering an area of ​​several acres, ten acres, hundreds of acres of mansions, Chen Fan is sitting on the sofa with his son in his arms to watch. Watching the TV, he admitted, was a little tempted again.

In the eyes of Chinese people, the United States is a country with advanced technology and a developed economy. It has a small population and a small area. It is about the same area as China, but its population is several times different. Unlike China, it has vast land that has no development value.

The conditions of the United States are really unique. Although there are deserts and Gobi, overall, the usable land far exceeds that of China.

Mechanized farms, large pastures and cowboys, this is the second impression of the Chinese people on the United States.

What Chen Fan thinks of now is, when he can take advantage of the low price to buy a mansion in the United States, and then take down a few pastures, where he can ride horses and hunt if he has nothing to do.

Don't blame Chen Fan for being superficial. For people who suddenly become rich and don't know what to do, they can only buy, buy, buy.

When he bought the things he used to be fascinated and envious of when he was watching TV, luxury houses can be found everywhere, but the ranch can only be found abroad.

All the land in the country is in the hands of big landlords, and I have no hope of getting my hands on it. Maybe it’s okay to buy a few acres or a dozen acres. If it is expanded, there is no chance at all. In the eyes of Chinese people, selling land is selling ancestral property , is to be stabbed in the back.

At this moment, the phone on the coffee table rang, and he handed his son to the waiting nanny. Chen Fan picked up the phone and looked at it, and Zhang Yang called.

"Hey, Yangzi, what do you want from me?" Chen Fan got up to answer the phone, and walked directly into the garden.

"Well, there's something wrong. I met Mr. Li downstairs just now. Guess what's going on?"

Zhang Yang played charades on the other end of the phone, asking Chen Fan to guess the reason for the call?

"Mr. Li? Which Mr. Li?"

When Chen Fan suddenly heard Zhang Yang's words, he was obviously confused. He didn't expect who he was talking about.

"Ms. Li from our school, Li Chenggang, don't tell me you forgot who he is."

Zhang Yang said hastily.

"Oh, Mr. Li is looking for you, what's the matter? He was expelled from the school?"

Chen Fan understood that the high math teacher at the university was also the tutor of his class.

"you guess."

Zhang Yang said in the same tone as before.

"I do not guess you guess guess."

Chen Fan had nothing to do, so he sat down on a chair in the garden and spent time with Zhang Yang.

The two chatted on the phone for a long time, but in the end Zhang Yang couldn't afford it anymore, and he probably felt that it was boring to spend so much time.

"The school is looking for us. Is this the school's anniversary? It's been 60 years, and the school plans to do something special, so we are contacting our outstanding alumni."

Zhang Yang said on the phone, when it comes to this, Chen Fan naturally knows it well.

"Boss miscellaneous talk?"

With a smile on the corner of Chen Fan's mouth, he said in a cynical tone.

"What can I say, he hasn't led it twice, it seems that we are still the most capable of his subordinates, hehehe"

Zhang Yang said on the other end of the phone, and laughed triumphantly while talking.

"I mean what does the boss want us to do? Donate money or something?"

Chen Fan pouted, but continued.

"I didn't ask that."

Zhang Yang said on the other end of the phone, but in Chen Fan's mind, he probably started scratching his head when he heard him say this.

"You can ask the boss again to see if it is a donation of money or something. After discussing it, you can't lose the face of the boss. The boss was good at the beginning. We are not short of money now. We have to give the boss a face. No matter what, we have to donate a few thousand. Wan, it seems that our school has not received a single donation of tens of millions, right?"

Chen Fan thought about it and said, he was actually a good boy in school, at least he didn't make big mistakes, and his grades, graduation points were still enough.

As for their teacher Li, who stayed in school for a few years, he is also very young, so he can chat with them naturally, so when other teachers are around, of course he should call "Mr. Li". "Boss, Boss" yelled.

Hanging up the phone, Chen Fan sat on a chair and thought for a while. It seems that the school still has a lot of outstanding alumni, but more of them are in politics, and fewer of them start their own businesses. Quite a few, many are among the top executives.

In the past, Chen Fan could only look up to these people, but now he seems to have not come into contact with them. Should he also go back to Rongcheng at that time? After all, he has not been back for a long time, and there is also his hometown.

According to the traditions of the Chinese people, there is a saying of returning to the country after returning home. Now that I am in my own situation, I should go back and see.

Chen Fan sat there thinking for a while, smoked a cigarette in the garden, and then walked back to the house, forgetting about it again.

Chen Fan had already forgotten everything, but within two days Zhang Yang called again.

"I said, Fanzi, I've made an agreement with the boss, let's donate to the school to build a library."

After picking up the phone, Zhang Yang's voice came out from the microphone.

"What? Doesn't the school have a library, and still build it? I remember that building is big enough."

From the very beginning, Chen Fan thought about donating tens of millions of dollars. There are many executives who graduated from the University of Finance and Economics, but very few become big bosses. Most of them work for others. After all, the main major of the school is For these, it is easy to get to the top, but it does not support independent entrepreneurship. Of course, class solidification is also one of the reasons.

"It turns out that the building is 2 square meters, which is no longer enough. How many people are there in our school? It's not like you haven't encountered a situation where you can't find a seat when you go in.

What the boss means is that since you plan to donate money, it is better to donate the building directly. We will name this building in the future. Isn't that more interesting? "

Zhang Yang immediately explained on the phone. When it comes to the library, indeed, after staying in school for several years, how can he not know how tight the seats are in that place.

"Where is it built?"

Chen Fan asked, since Zhang Yang said he had discussed it with the boss, he must have an idea.

"It's a pity to keep such a wide open space next to the old building, but the result will not be known until the old assembly school reports, but we will donate the building, and the school will definitely be happy to accept it."

Zhang Yang continued: "You don't even know. At first I said you planned to donate tens of millions. Old Li looked surprised, and said that he regretted staying in school, and he should graduate and start a business."

"How much will it cost to build the building?"

Chen Fan interrupted Zhang Yang and asked suddenly.

"I don't know. The plan is 2 square meters. The construction and decoration will cost 5 to 6 million yuan. It's not much different from the tens of millions you said."

Zhang Yang made a simple calculation over there and reported the possible numbers.

"Did you ventilate with Xiaopang over there? Forget it, I guess he won't mind, I guess even if he knows, it should be too little, and it's not convenient for him to go back to school to pretend to be aggressive."

Chen Fan thinks this number is acceptable. Tens of millions may be an astronomical figure for ordinary people now. A few years back, it is unimaginable for him, but now.
"There's no problem with you, the fat man won't say anything more, that's fine, I'll tell the boss later, let him go back to school and talk about it, if there is no problem, start contacting the architectural design company, since it is going to be built, it must not be If it is repaired casually, it must have a more beautiful appearance, and find someone to design it."

Zhang Yang said on the phone.

"You have arranged it. Since you are doing it, make it more beautiful."

Chen Fan said so at the end.

(End of this chapter)