"Guaranteed principal" and "8% annualized rate of return" are all spurring Ms. Vigo Moore, as well as Kanek and others.

Except for Miss Laura, who didn't know anything, the five old employees of Tamsui Fund Company all showed shocked expressions, they knew how terrible this kind of fund was, as Ye Dongqing said, it was much higher than the bank deposit interest rate and even the yield of treasury bonds!

In this year when the market environment is not very good, it is not easy for a fund company to achieve capital preservation, let alone achieve a yield of 8%?

It's okay when you don't have a lot of money to manage, but if you have $100 million or $1 billion in entrusted principal, it means that you have to pay $8 million or $80 million a year just for dividends!

If we take a long-term view, 8 percent of the principal in the first year, plus this 8 percent of the principal in the second year, and then multiply it by 108 percent, and continue to increase in the third year...... It will snowball bigger and bigger, and once the profit is less than expected, the loss will be quite terrifying!

Even on Wall Street, few people dare to launch this kind of financial product.

Only some well-known financial institutions have launched some similar private wealth management projects for the rich, and they dare not guarantee how high the rate of return must be, and most of them agree on a three-year or five-year closed period, which can only be withdrawn after expiration, and the minimum amount of principal is guaranteed.

However, will the money in three or five years still be the money it is now? It is inflationary almost every year, and if you keep money in your hands, if you don't make money, you will lose money.

Speaking of "inflation", there is an example that can explain this word vividly: for example, a certain girl used to measure 36-24-36, but now it has become 48-40-48, although the numbers are larger than before, but the "value" is lower than before, this is inflation.

Smart capitalists always do everything possible to reduce their losses.

The five people standing in front of Ye Dongqing, you look at me, I look at you, all hope that they are thinking too much, and hope that this is just a method adopted by young little bosses in order to stabilize investors.

No one is sure that they will be able to achieve a net return of more than 8% every year, and in their opinion, only crazy people will launch such suicidal financial products.

At present, there are guaranteed capital funds in the market, but they do not promise to pay a fixed percentage of dividends to customers every year.

Suppose the initial size of a segregated fund is US$1 billion, and the assets need to be guaranteed to be at least US$11 billion after three years. In order to achieve the goal of capital preservation, the fund manager will calculate how much assets need to be taken out to protect the capital based on the interest rate of three-year fixed deposits in the market.

If the annual fixed interest rate is calculated at 4 percent, the goal of capital preservation can now be achieved with an investment of only $898 million to achieve the goal of $111 billion in assets in three years' time.

The extra $100.2 million can be used to invest in high-risk assets such as stocks, and even if all of these assets are lost, they can still be used to avoid losing money.

Compared with other types of funds, it is a fairly safe fund, and it can usually protect the capital, which is the capital preservation without calculating inflation.

Saying so many words in one breath, Ye Dongqing was a little breathless, the product he wanted to launch was much more powerful than ordinary capital preservation funds.

There was no sound on the other end of the phone, but it was not hung up by Mr. Dia, the investor, and after a few seconds, there was a question: "The principal will not be lost, give me eight percent every year, are you sure?"

"We are very sure that we have designed the most stable investment method, which can be withdrawn at any time after one year, and the principal and interest can be received at any time.

If you want to continue to invest, you can do it, but at that time it may not be as high as 8%, and the official product is only 7% to 7.5%, because you are the most valuable customer, so you can get such a generous maximum dividend. ”

Conversation is an art, and Ye Dongqing has undoubtedly become a master, more like a clever liar.

Complicated companies don't say it, they pick out well-known companies such as General Motors and Boeing to deceive each other, and there are also oil, hedge funds, and other businesses that ordinary people only know about half-understood, which seems to be very high-end.

Words such as new company, new boss, billionaire, etc., can create the illusion of the company's strength in the other party's mind, and finally use the principal guarantee and the annualized yield of 8% to directly stun the other party.

Judging from Mr. Dia's words, there is no doubt that he has begun to be tempted, and the voice on the other end of the phone continues to come, with vigilance: "If there is such a good product, then why did you go before?"

Ye Dongqing didn't think about it, and said with a smile in his tone: "Although the company has the same name, it already belongs to different bosses, poor old Mr. Steven has jumped into the river to apologize, I think you know about it, right?"

"If you don't want to continue to let Freshwater Fund help you manage your finances, it doesn't matter, we have already received tens of millions of dollars in investment funds, including Mr. Warren Buffett and now Mr. Bill Gates, the richest man in the world.

They were probably interested in our investment model and were ready to invest $20 million, $10 million each, for a total of $20 million. It must be right to invest with the rich, and the reason why you become rich is because you have a better vision, so I will help you arrange the transfer now? It will arrive next week at the latest, you know, the bank is not efficient......"

"That...... What's your name, Leo, right? Absolutely not losing money, eight percent a year?"

"Yes, I will never let you lose even a penny, there is no eight percent rate of return, I will pay for it myself to make it up for you!"

"Okay, let me think about it for a while, and I'll get back to you tomorrow morning, and I'll only charge half a million dollars at most, and nothing more?" asked Mr. Dia.

Ye Dongqing raised his eyebrows, and continued to throw out the bait to fish: "Everyone can invest up to 500,000 US dollars, you are an investment veteran, you know that this kind of product has an amount limit, right?"

"That is, I can still open a wealth management account in my wife's name? Is it the same eight percent?"

"This ...... I'll need to ask the boss, but given how much you've lost, I'm sure he'll agree.

Give me a call after thinking about it, the current office area is too small, and I am going to move to the new headquarters as a whole, if you are ready to come and see it in person, it is best to hurry before next week, otherwise you may not be able to find the location of the new headquarters, or call me in advance......"

After chatting a few more words, he hung up the phone, Ye Dongqing saw them staring at him without blinking, and instantly understood the reason, and asked jokingly: "What, worried about getting on a thief ship and falling into the trap of a Ponzi scheme?"

"To be honest, I'm a little bit concerned that the guaranteed principal and the 8 percent rate of return, even if it's only 7 percent, is unlikely to be sustainable in the long term.

Aside from the Ponzi scheme, I can't think of any reason why you have the confidence to maintain such a high rate of return on dividends, and how much investment do you plan to take in total?"

Mr. Kyle, a middle-aged man who was already bald, asked him.

Kyle has been crawling around for so many years, and he has seen a lot of the treacherous and cunning of Wall Street, and Ye Dongqing's nonsense just now seems normal to him, no matter what method is used, he will win if he can keep the customer's money.

At this moment, I am more concerned about this new boss, how can he have the courage to launch this kind of financial product, I think Ye Dongqing is mostly crazy, or just a little guy who doesn't know anything, thinking that he dares to come to Wall Street to mess around when he has a few dollars.

For the latter, Wall Street will let a bunch of naïve guys figure out what cruel reality is in minutes.

Ye Dongqing doesn't have any capital, reputation, or experience advantage, at least in their opinion, it is not easy to convince a group of elite employees.

He jumped off the desk, put away his mobile phone and stuffed it into his pants pocket, patted his trousers and said, "I dare to ask for as much as I want, even if it is 10 billion dollars!"

Do you only dare to consider how high the dividend of seven or eight points is, why don't you think about why I am only willing to give so much to investors? That's because the extra money I make with the principal in the future will all be our profits!"

......