Chapter 5021: The Killer
Fengshen Venture Capital Fund! Guaranteed 10% profit every year. This is like a bombshell thrown into the Chinese financial market.
To be clear, today's funds include trust investment funds, provident funds, insurance funds, retirement funds, and various foundation funds. But the funds people usually refer to are mainly securities investment funds. And this type of investment fund is divided into three types: money market funds, bond funds, and stock funds.
Money market funds are an open-end fund that gathers idle funds in society, is operated by fund managers, and is kept by fund custodians. It is specifically invested in money market instruments with low risks. Different from other types of open-end funds, it has high security, high liquidity, stable returns, and "quasi-savings" characteristics. In October 1972, the savings fund company purchased $300,000 of high-interest fixed deposits and sold them to small investors at $1,000 as an investment unit. In this way, small investors enjoyed the investment return rate that only large companies can obtain, and at the same time had higher cash liquidity. The first money market mutual fund in history was born.
Bond funds, also known as bond-type funds, refer to funds that invest specifically in bonds. They seek relatively stable returns by pooling the funds of many investors and investing in bonds in combination. According to the classification standards of the China Securities Regulatory Commission for fund categories, bond funds are those in which more than 80% of fund assets are invested in bonds. Bond funds can also have a small portion of funds invested in the stock market. In addition, investing in convertible bonds and new stocks is also an important channel for bond funds to obtain returns.
As for stock funds, they refer to funds in which more than 60% of fund assets are invested in stocks.
Among these three types of funds, money funds are generally higher than one-year regular savings. The annual return is 3.5~5%. Bond funds are 6~9%. It is only applicable to this year's market. As for stock funds, it is not surprising to lose 30%, and it is normal to make a profit of 30%. It is the most difficult to weigh and compare.
However, no matter what kind of fund, no matter which kind of fund, there will be no guarantee. The only guarantee is the savings interest. This is the guarantee, and it is naturally fixed. Naturally. The interest rate is also very low. From ancient times to the present, there has never been a guaranteed return of 10%. The only one that has been there is **, Ponzi **. Only a Ponzi scheme can bring such high returns.
But Lin Feng has now launched the ‘Fengshen Venture Capital Fund’, which guarantees a 10% return. Is this a scam? Obviously not. Lin Feng does not need to defraud everyone's funds, he does not need to do so at all. Because Lin Feng's cash flow is very huge, so huge that it is jaw-dropping. And Lin Feng's company. It operates very well, and the annual profit is extremely high. How many hundreds of billions of dollars. In this case, Lin Feng does not need to set up a ‘Ponzi scheme’ at all.
And if it is not a ‘Ponzi scheme’, then Lin Feng is short of money? Obviously, Lin Feng is short of money, which has always been considered a joke. No one would think that Lin Feng is short of money, this Lin Feng is really not short of money. Since he is not short of money, why does he set up a ‘Fengshen Venture Capital Fund’? Yes, before this, there was ‘Yu’e Bao’, which has hundreds of billions of RMB in the country. Lin Feng has created a ‘Fengshen Venture Capital Fund’, and it also guarantees a 10% return. Doesn’t this conflict with ‘Yu’e Bao’? Could it be that he really wanted to lead the people of the whole country to get rich?
"He did it on purpose!" A gnashed his teeth. Lin Feng definitely did it on purpose, and it was clearly a deliberate challenge to the bank. The bank had just ordered regular cash withdrawals, and Lin Feng immediately launched a 'Fengshen Venture Capital Fund' with a guaranteed 10% return. This was not intentional. It was to let users withdraw cash, take money out of the bank, and run against Lin Feng, so as to achieve the intention of bankrupting the real estate company.
It was also related to Comrade Xiaoping, which was simply disgusting! But it was clear that Lin Feng's intention was this, but A and the others could do nothing about it. If Lin Feng wanted to set up a venture capital company, then they could refuse to approve it. If Lin Feng wanted to force users to deposit money in the bank, then they could accuse him of maliciously disrupting the financial order. But Lin Feng only set up a 'Fengshen Venture Capital Fund', and they could not control this fund. And the most important thing is that Lin Feng also used the banner of Comrade Xiaoping.
Today, all Chinese people understand that without Comrade Xiaoping, there would be no reform and opening up. Without reform and opening up, China today would be as ignorant and backward as North Korea today. It was Comrade Xiaoping's reform and opening up that saved the new China and brought new hope to the new China. Moreover, Comrade Xiaoping also said that some people should be allowed to get rich first, and then those who have already become rich should lead those who have not yet become rich.
This is Comrade Xiaoping's original words, and it is also the route that the Party has been taking. Now that Lin Feng is using this banner, who can say that he is not right? Not only can we not say it, but we must also boast about Lin Feng and support him. Because Lin Feng wants to lead the people of the whole country to get rich!
10% guaranteed return, this is too scary. If you deposit this 10,000, it will become 11,000 in the second year, and if you deposit it again, it will become 12,100 in the third year. If the interest continues to compound, after 10 years, your principal of 10,000 will become 25,937 yuan. This is basically 1.5 times more, and the longer it is, the more amazing the return. If it takes 15 years, it will be 41,772 yuan. After 15 years, your principal will have quadrupled. And if you count further, after 20 years, it will be 74,000 yuan. That is a 7-fold return. The return of Warren Buffett from holding stocks for 20 years is almost the same.
It can be said that this income is quite, quite enviable. Especially, this is just the guaranteed return. If the income is high, the profit will be even less! Therefore, they can foresee that many people will go to banks to withdraw money and deposit all the money into the Fengshen Venture Capital Fund. Because such a high interest rate is out of reach. Especially the guaranteed one!
Seeing this news, it will be difficult for the four major banks to stop the frenzy of consumers withdrawing money. Sure enough, as soon as the entire news was released, people across the country rushed to banks to make appointments to withdraw cash. Of course, those who are withdrawing cash now are depositors who have just deposited, that is, depositors who have only deposited for about a year. Although they will lose a little interest, the interest is only about 5%. Instead take the money out. Deposit into ‘Aeolian Venture Capital Fund’. Then the lost interest for one year is all, so why don't they take it.
As for the 15-day appointment, just make an appointment. Anyway, we have to withdraw the money, deposit it into the Fengshen Venture Capital Fund, and then sit at home and wait for the income.
Of course, those who have deposited for five years have already passed two years. Many people are hesitant. Lin Feng's side is really tempting, but they have saved it for so many years, and they will be able to take it out in a year or two. If you take it out now, all the interest will be gone, and the loss will be too great.
But even if some people withdraw money, it will be a bit overwhelming for banks. The number of reservations has exceeded one million in a short period of time, and the funds have exceeded 100 billion, and the number is still increasing rapidly. In this situation. The bank can expect it in half a month. The cash in bank vaults will be wiped out. Moreover, the chain reaction of this has not only affected banks, but has even begun to affect the stock market.
Generally speaking, if bank interest rates are high, the stock market will fall. Because all the money is pouring into the banks. After all, although the stock market makes money, it is easy to go short. Once it goes short, you will lose money so much in just a few weeks or even days that you will want to go to heaven. In this case, if there was an investment channel with a high guaranteed interest rate, would you not invest? Obviously not.
Therefore, the trading volume of the stock market has also shrunk sharply, which has also brought about an even more tragic plunge in stocks. Especially after the bull market and into the bear market, the stock market has plummeted. As a result, as soon as Lin Feng's "Aeolian Venture Capital Fund" was launched, the stock market fell even more sharply. The sharp fall in the stock market has also directly led to financing difficulties for major companies. Especially for companies that want to go public, it is even more difficult to raise funds.
Under this double influence, those real estate companies feel that the world is even darker. If this continues, it seems that banks will not be able to survive for long. And they are extremely worried about one thing, that is, in less than 15 days, the bank will take the initiative to abandon them and reconcile with Lin Feng. After all, if Lin Feng continues to make trouble like this, the bank will not be able to sustain it. In the end, all the money went into Lin Feng's pocket, so why would the bank still make money by lending it out?
Although ordinary people will not deposit all their money into the Fengshen Venture Capital Fund, they will always have some live money on hand for emergencies. But such a small amount of money is undoubtedly not enough for the bank. And this time, it affects not only the four major banks, but also some other private banks. These banks are the ones most affected. Basically, all the money in their bank was withdrawn. Since their establishment is relatively short, the period for regular deposits is also relatively short. People naturally withdraw all their money and deposit it into the "Fengshen Venture Capital Fund". It can be said that if this situation continues, these private banks will face the risk of bankruptcy.
In this case, it is not impossible for the bank to abandon the real estate company and reconcile with Lin Feng.
"No reconciliation! Once reconciled, we will lose. In the general election four years later, we will have no chance of winning at all. We must pave the way for that one! Only he can fight with him now. If that one fails , none of us will get anything good to eat." Jia snorted coldly.
Reconciliation means they have lost. They can throw in the towel, which is an absolute no-no. Moreover, they have no right to admit defeat, and they have no way out. Unless we completely give up now on the 'Kowloon Seizing the Progeny' four years later, that person will not give up. They will not give in. Moreover, the officialdom has been very dangerous since ancient times. Once it is given up, it may usher in a great purge in the future.
But if there is no reconciliation, then how to deal with Lin Feng's "Fengshen Venture Capital Fund" now, there are only 15 days. After 15 days, ordinary people will come to make an appointment to withdraw money. You must give this money and you must not go back on it. Otherwise, it would be a breach of trust by the people. Especially before this, you promised to make an appointment within 15 days. Now that people have made an appointment, you regret it, which makes no sense. Now, if you say you can't withdraw cash, then the people will be very impatient with you. When the time comes, they won’t be able to bear the public condemnation. After all, there are still two people who support Lin Feng. Before, they could only sit back and watch Lin Feng and the bank fight because of balance.
Now, if you break your promise again, those two can intervene. When the time comes for banks to provide relief to the people, they will lose both the people and the battle. But what to do now? Now Lin Feng has come up with the "Wind God Venture Capital Fund" and almost crippled them. Jiang Taigong is fishing, and those who are willing to take the bait ask the people to take the initiative to deposit money into it. What can they do?
Moreover, Lin Feng now has a very good reputation and is called a "good Chinese man" by the people. Yes, isn't he a good man? Others get rich and enjoy it themselves. At most, they occasionally show their faces and donate money for show. But Lin Feng is really doing a great thing. This guaranteed 10% return every year is definitely higher than the price increase index. This is a real investment. If you put it in the bank like before, the money will only get less and less. Five years ago, you deposited 10,000 yuan. Five years later, you can only have about 12,500 yuan at most. And taking into account the annual price increase, I'm afraid your 12,500 yuan is equivalent to about 8,500 yuan. In fact, you have saved for 5 years, and the number on the books has increased, but it has actually decreased. In addition to making the bank rich, you personally have no benefit.
After all, this is not the 1980s and 1990s, the best era when prices hardly rose. In that era, prices were kept balanced for many years. It was not until after the reform and opening up that prices in coastal cities started to rise completely and spread to the inland areas, and then prices began to soar.
And Lin Feng's "Fengshen Venture Capital Fund" can be said to be the best weapon to deal with rising prices.
Faced with this situation, A and others have no choice. Because Lin Feng has completely taken out the "nuclear weapon", but they have no corresponding nuclear weapons to deal with it. They can only stare blankly. And now, perhaps the only thing they can do is to talk to the two of you. After all, they still have a little bit of chips here, and these winds are here, so is the national bank still useful? Then can the financial order still be invested? This is obviously not investable.
In this case, wouldn't China's soaring economy fall completely? If so, wouldn't Lin Feng's move become a sinner of China's economy? Therefore, they have to use this reason to persuade the two gentlemen to let Lin Feng brake and give up the "Fengshen Venture Capital Fund".
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◇【To be continued. 『This text is provided by the Flashing God Shadow Group x-on:Yu Aiting』. If you like this work, you are welcome to subscribe and reward. Your support is the author's greatest motivation. 】 Bring your friends ( x-on: Yingchengx-on:新城神x-on:字书文x-on:yushu qionghuamanmuchun)