Rebirth 79: I opened a bank in the United States

Chapter 519 Chances of Windfall
The price of land, this is undoubtedly a topic that makes any Chinese soul tremble and scalp tingle.

Although he was in Douglas, in the process of recovering bad debts, Carter performed the operation of offsetting debts with land, which is an initial attempt at land transactions in the United States.
But can the land in the south be priced the same as the highly urbanized land in the north? !
And these Yankees, the customary land transaction unit is the acre.At first glance, one acre of land costs more than two thousand dollars, which seems to be more than twice as expensive as the land he bought in the south. Carter was still a little nervous, for fear that he would not have enough money.

As a result, after converting it into the square meter unit that I am familiar with, my good guy, it costs about 0.6 US dollars per square meter.What is this not to post? !
As real estate, land itself has poor circulation.Although Carter also knew that in the future development situation, after entering the 90s, New Haven, relying on a Yale University, these land prices will not be too low.But if you really want to invest a lot at one time, Carter can't bear the time cost
However.
One million or so.
"I feel that a radius of one kilometer can no longer satisfy my appetite! How about we make it bigger?"

Carter's heart began to pound, and the greedy gluttonous soul was burning.
"I advise you to calm down. Calm down!! If you go another kilometer, it will not be 314 million square meters, but 1256 million square meters! 753 million U.S. dollars!!"

Rick has a bad feeling
753 million U.S. dollars is indeed not a small amount for a business entity like theirs, which is still considered small and still in the development stage.But in the eyes of those mature real estate developers in New York and Boston, that is really nothing.
I haven't seen Little Red Riding Hood, can you pay more than four million for labor costs alone? !
If they really see Carter borrowing so much, enclose the land.What will they think?Isn't it more than seven million, smash it!Double it!Are our contractors and local bosses short of money? !
Even if it is [-] million, [-] million will come in, and wait for the panda to arrive!At that time, this area will have an average daily traffic of more than [-] passengers. What business can't be done? !What shops cannot be rented out? !
However, Rick knew: this goddamn panda, probably, never came! !

But if Carter's timing is right
"Fake, do you want to offend this large group of people?!"

"Don't say that, Rick! Panda isn't guaranteed to come, is it?"

"But it also has the possibility that it won't come!"

Rick gritted his teeth, and began to wonder whether he should stay away from this lunatic.
"But if you do this, they will almost certainly come to snatch the land, even at double or triple the price! If in the end, they find that what they snatched is a piece of useless wasteland, they will definitely pay for it On your head!"

"Forget it, people, when you should be fat, you must get fat! Horses have no night grass and no fat, people have no windfall and no wealth! Speaking of it, I haven't encountered a chance to make a fortune for a long time!"

Carter's big Kazilan eyes blinked, and he began to plan in his heart, the problem of funds
The first source of funds is naturally their own bank.However, according to the provisions of the 80 Banking Law, savings banks can only engage in business investments that do not exceed 20% of their own assets.
This own asset made Carter very uncomfortable.Don't look at the current black flag bank, which is entrenched in four or five cities in central and southern Georgia, with a total asset scale of hundreds of millions of dollars.But bank assets and the bank's own assets are not the same thing at all
Depositors' deposits, to put it bluntly, belong to bank liabilities, and liabilities are also part of assets.That is to say, the owner's equity of Black Flag Bank itself is not high. Even after nearly a year of circular arbitrage in the residential area, Carter kept increasing capital in it.At present, Black Flag Bank's own assets are only less than [-] million
But it's okay, and it can barely solve the nearly two million funding gap.If you want to win the land within two kilometers of the Panda House, there is still a funding gap of more than 500 million yuan.
"Rick, do you still have money? I'll pay you interest at the market price."

"Why do you really want to do this?"

Rick just felt a pain in the head, and this incident made him feel completely out of his own predictions.

Obviously, Carter is determined to kill a wave of fat sheep-like real estate developers, and this group of people was gathered by his Taft family.At that time, Carter will make a big deal and squat in Georgia. What will he do with Taft? !

Aren't you cheating me? !

"Don't worry, I have to discuss this matter with my father before I can give you an answer!"

"Okay, then you should hurry up. I'll think about other places."

Carter snapped his fingers and continued to search.
Speaking of which, in the Fidelity Magellan Fund, how much do I still have now? !I haven't paid any dividends for several years, and Carter suddenly forgot how much assets he still has in the Magellan Fund.
"The value of the fund shares? At present, the total is 452.3 million US dollars, the value of the shares before distribution. Is there something wrong?"

Suddenly received a call from Carter asking about his investment situation, which surprised Peter Lynch, who had never seen Carter paying attention to this investment.However, Carter was also surprised when he heard the number.
I lost 79 million in 150, and it hasn't arrived in three years, 452 million? ?
An average annual increase of 150 million? !

hiss.
The exaggerated rate of return of the Magellan Fund suddenly made Carter swallow the "redemption" that he almost blurted out, and asked:
"Yes, a little accident did happen, and I am in a hurry to use the money for the time being. Mr. Lynch, can you see if this works? I borrowed 500 million US dollars from Fidelity with the shares of the Magellan Fund and a part of HT's stock as collateral. !"

"Haven't you already mortgaged a batch of HT? Oh, by the way, Smith wanted to ask me to ask you recently. You recently sold a batch of stocks. Why?"

"Ah, it's nothing. Black Flag Bank Holdings is a wholly-owned enterprise by me. This is just to downplay the personal label. The actual voting weight has not changed. Please don't worry too much, Mr. Smith."

"Is it really just to dilute the personal label? Not to cash out?"

Peter Lynch seemed to sneer at Carter, the little fox's prevarication.But it was only because the two were close that he made a joke, otherwise, there was no need to explain this kind of thing at all.
"Okay, I understand the situation. I'll discuss it with Smith first to see how much you have left after subtracting the stocks you sold to your own bank that are not mortgaged to other banks."

"Carter, if you have money, pay off your debts first! Can you be honest? How much money did you borrow in the previous batch of stocks, and now the stocks have appreciated, but that part of the stocks is locked. What if one day suddenly the funds If the chain is broken, those banks will not be happy?!"

"Anyway, let's liquidate the previous debt first, and then unwind the stocks. Let's borrow again at a high price!"

(End of this chapter)