Chapter 32: Funds + World's Most Expensive Neighborhoods (2-in-1 Chapter)
(Recently, everyone has rewarded a lot, although it is not enough to add more, but I still think it should be expressed!
Jia Lei rode through the streets and alleys in the car of Uttars, and finally crossed a narrow road to a four-story single-family villa with a small garden of 200 square meters.
"Didi!" the driver met a neighbor on the road, and after greeting the other party, he carefully avoided the other party's car and passed first, and then drove the car into the door.
Due to the news received in advance, a servant waited in front of the gate to pull a carved iron gate for them in advance, and the car drove all the way to the door.
"Sir, you're back!" several men and women dressed in servants' clothes waited respectfully at the door.
"We have guests today, so you can go to the kitchen and inform us to prepare some snacks and tea to entertain the guests. Utars said.
"Yes, sir. A middle-aged maid in her 30s took over Utars's coat and said.
Jia Lei, like the group of dumplings from the Soviet Union, was stunned with his mouth open, looking at the plot that only appeared in 18th-century movies.
"Do you need me to hang your clothes for you?" a young maid approached and asked.
"Good...... Okay!" The Minastak mine manager took off his coat and handed it to the maid, and the others reacted and took off their coats one after another.
"Sir, do you need to stay overnight?" and the master bedroom that you asked us to clean up this morning, do you need to pack up a few more rooms?" asked an old English butler.
"The master bedroom is just cleaned up, these guests just come to sit and leave in a while! Utars said.
"Okay, may I ask what you like to drink, and I'll have someone prepare it for you?" asked the butler.
"Tea, coffee, vodka!" said several Soviet guests.
"Bring me a cup of Italian espresso! Jia Lei said that he felt that he should stay up late for a while.
"No, children are not good at drinking coffee, Kent, you give Jia Lei a cup of freshly squeezed orange juice." Utars said.
"I don't like to drink orange juice, I like to drink coffee!" Jia Lei hurriedly said.
"Then give him a glass of milk!" said Uttars.
Jia Lei regretted dying when he heard this, and he knew that it was better to drink orange juice.
"It's getting late, so let's stop being polite to each other. Now the idlers have also left, let's talk about the fund. Jia Lei said directly.
The so-called idle people refer to the Earl of Sbeckdy, who also lived in this neighborhood, but he returned home halfway, of course, the Earl of Sbeckdy lived in a garden house with a large area, and there were several villas alone.
"Actually, we are very interested in your proposed private investment fund, and the reason why we have not agreed to you is because we were still skeptical about your strength before, after all, Wall Street bankers have a bad reputation. The newspapers often say that you are insidious and cunning, and you make a living by sucking the hard-earned money of ordinary people. Boris said first.
"I'm just a shareholder of Citibank, not a Wall Street banker!" Jia Lei immediately began to draw a line with Wall Street when he heard this.
"Da Da!" Wu Tatars didn't say anything, just knocked on the armrest of the sofa while watching Jia Lei fool people.
Jia Lei, who has been brainwashed by the mainstream media for many years, certainly knows the power of propaganda in the past few decades. Even if these people know that the Wall Street bankers are so hateful in the newspapers, they will still be wary of the Wall Street bankers for a while.
"That's what you said before, but that's why we have doubts about your business ability! After all, your age and background don't seem to be able to manage such a large fund. The mine manager of Minasdaq explained to Jia Lei.
"Then why do you believe that I can manage such a large amount of money now?" asked Jia Lei.
"Because of your strength and origin! After all, not everyone can live in the Mayfair district of London and be neighbors with the earl. The mine manager of Minastak lamented.
"Mayfair District ???" Jia Lei had a big question mark in his mind.
"It's great that you can trust me, and I'm planning to set up the Foundation's office in Mayfair, so it's a little more convenient. Jia Lei had a question mark in his head, still smiling and rubbing the heat of this Mayfair district.
"That's great, after all, it's the heart of London, just a few minutes from the Financial Street. Do you say so?" said the Minastak mine manager, nodding.
Jia Lei didn't know how to answer now, he wasn't familiar with London, where did he know this.
"Let's talk about the office later! Jia Lei, why don't you tell a few guests about your fund type first?" Wu Tass helped Jia Lei out of the siege with a light word, and at this time, the housekeeper also asked people to bring all kinds of drinks and snacks in a timely manner.
"In terms of funds, we plan to do angel funds and venture capital funds, and even increase equity funds in the future. As for which one of you want to participate, it's up to you!" Jia Lei said.
"But we don't know about these kinds of funds, it sounds very risky, and I personally prefer to use the money in my hand to buy shares of a large company, so that I can get dividends every year. Mrs. Tatiana, who is in her 50s, said
"Of course, we can help you buy and sell shares in any company according to your wishes! But we charge a fee for this kind of investment management business, and the annual asset management fee is expensive. But if you buy the fund with your money, we can bring you high dividends every year. Jia Lei explained.
"But it's all about buying stocks, why should I put my money in a fund and let you manage it for me? I have to pay a lot of management fees? That doesn't seem like a good deal!" asked Nikita, the man in black.
If you buy all your money in a stock, no one can guarantee that it will rise 100 percent. But the fund is different, the fund pays attention to asset allocation, even if one or two stocks have problems, other aspects can make up for it. Jia Lei said.
"I think since stocks are risky, it seems safer to keep your money in the bank or invest it in Treasury bonds?" said Mrs. Tatiana.
"Their safety is really high, but in terms of returns, they are far inferior to the fund. If you like fixed income, you can buy our company's fixed income fund, which I guarantee to achieve an annual return of 10% of the principal. In addition, our company also has a variety of common fund types in the world, most of which use Wall Street's fees and operating rules. Jia Lei said.
"Since you mentioned fund returns, can I ask you what is the expected profit of the fund with the highest return in your company?" asked Miss Feiya, the only single among them.
"Annual income of 100%!" Jia Lei said without hesitation.
"Double in a year, I'm afraid it's unlikely, isn't it?" asked the Minastak mine manager, disbelieving.
"You don't have to question the annual income, these will be written in the contract as a minimum guarantee. Jia Lei said.
"With such a high annual return, the risk of this fund is also very high, right?" asked a cautious Boris.
"There's almost no risk!" Mr. Jia said.
If it weren't for the fear of exposing his rebirth, Jia Lei would have wanted to say that there was no risk at all.
"High yield, low risk, how can such a good thing be possible? I'm afraid there must be other conditions here?" asked Utars suddenly.
"The only condition for this fund project is ......," Jia Lei said, pausing and glancing at everyone present.
"Extremely high entry threshold and particularly long redemption period!" Jia Lei said categorically.
"How high is the barrier to entry?" asked the Minastak mine manager curiously.
"The threshold for entry to this fund is $10 million!" Mr. Jia said.
"What about the redemption period?" Boris asked.
"It can't be redeemed for ten years!" Mr. Jia said.
"Hey, that's too harsh, isn't it?" said the Minastak mine manager, gasping.
If you don't like the project, we also have angel investment funds and venture capital funds, both of which have good returns but also some risks. After all, there is no such thing as a surefire deal in the stock market. Jia Lei said.
"Since you said that there is no sure way to make a profit or lose money in the stock market, what about the one you mentioned earlier, which can guarantee a tenfold increase in ten years?" asked Utars suddenly.
"The purpose of this investment is not to invest in financial securities, but to invest in the purchase of shares in the enterprise by the enterprise entity, or to finance the enterprise. Its income mainly comes from the growth of the market value of the company itself, and the reason for the steady profit is that I am confident in my vision of choosing a company. Jia Lei said.
Hearing Jia Lei's words, all the people in the room fell into a strange silence, but Jia Lei continued to speak indifferently.
"Because the growth of the enterprise itself is an extremely slow process, this fund has a particularly long period of redemption requirements! If you ask for redemption within 10 years, you can only get back 50% of the original investment, and the remaining 50% is compensation for disrupting the operation of the fund. Jia Lei said.
"I can understand that high risk brings high returns, but this fund project gives investors such high returns, so what does your company rely on as a manager to make money? What else can you earn after paying such high dividends to investors?" asked Utars.
After all, this fund project will be automatically redeemed after the end of the year, and the shares of the enterprises under the name of the fund will not be included in the dividend income. Eventually, these shares and earnings will be used as management fees for fund managers!" Jia Lei said.
"But I still think it's too risky! Putting such a large sum of money in one place, and not asking for ten years, or even withdrawing, always feels unsafe!" said the Minasdaq mine manager, shaking his head.
"Then you can choose its financial project, after all, our bank has organized a professional team of financial advisors. Jia Lei said.
"Well, none of this matters, I can't afford $10 million anyway, and I don't want to spend 10 years out of sight with my money. It's better to invest your money in a fixed income fund. Mrs. Tatiana said.
"I think angel investment funds are better, this belongs to casting a big net for fishing, as long as you catch a fish! The income should be good, and the management fee is not high. Boris said.
"Rest assured, our fund management fees are only 90 percent of our Wall Street peers, and that alone can help you save a lot of money. Jia Lei said.
"I think venture capital funds are better! I've heard that this fund has the highest yield. "Fera.
"May I remind you that venture capital funds can lose money, and once they lose, the money will be paid by investors! Jia Lei said.
Although this fund project will definitely not be lost if it is operated by Jia Lei himself, Jia Lei does not plan to do it himself.
If a person never makes a mistake, he will definitely be suspected, so Jia Lei simply finds some normal fund managers to operate these funds, so that they seem to have losses and profits, so that they will not be suspected.
"I'll pick the one that's multiplied tenfold in ten years!......hiccup," said Nikita, who came in and asked for a bottle of vodka as a drink.
"Nikita, are you crazy, how did you choose this?" asked Lady Tatiana, shocked.
"I like to drink and gamble, and I used to have a shortage of materials in the Soviet Union, and I didn't lose all the money left by my father. But after I emigrated, I was afraid that I would not be able to control myself! So I had to buy this fund for each of my two children with 10 million pounds, so that even if I lost all the money I had left, when they grew up, they would not have no money to eat. Nikita said with a burp.
"My dear Minastak mine manager, what is your choice?" asked Jia Lei.
"It's hard for me to make a decision on such a big matter, can I go back and discuss it with my family before making a decision?" asked the Minastak mine manager with a smile.
In fact, even if you don't buy funds in my investment bank, after all, we are not the only fund investment company in the world. There are many more famous fund companies in the world on Wall Street, you can choose as you like. Jia Lei said with a smile.
"Then I'm relieved! I'm sorry for today, and we'll go back first when it's not too early. Said the mine manager of Minasdack.
After going back, the Minastak mine manager and the others will stay up all night to discuss what Jia Lei said today with others overnight.
****
The next morning, after breakfast.
"Jia Lei, can you go out for a walk with me?" asked Uncle Wu Tas.
"Of course you can!" Jia Lei nodded and said.
"Then let's go!" said Uttars.
So Jia Lei helped Utars and followed him out for a walk in the early morning in London.
"Jia Lei, what do you think of my house?" asked Utars as he walked, pointing to his small villa.
"It's good, it's very tasteful, and I feel like I'm back in the 19th century. Jia Lei sincerely praised and said.
"If you like it, I'll give you this house!" said Utarth suddenly.
"You're not kidding, are you?"
"I'm not kidding, didn't you notice that I had you clean up the master bedroom on the third floor?" asked Utars.
"But you gave me the house, what are you going to do with your child? I heard you have a child named Ubatu. Jia Lei asked.
"He won't want this little thing of mine, he has a manor in the suburbs that covers hundreds of acres. Utars said.
"Then I can't take it either! It's such a valuable gift, you can give it to someone else. Jia Lei said.
"Jia Lei, do you know where we are now?" asked Utars suddenly.
"Aren't we in London?" asked Jia Lei, puzzled.
"To be precise, the heart of London, Mayfair, is one of London's most refutable areas for the rich, with a very good environment. Hyde Park, Buckingham Palace, Palace of Westminster and other historic buildings are nearby, in addition to many famous universities around the area, including London University of Economics and Political Science, London College, Imperial College London, etc., and it is only a few minutes' drive to London's Financial Street. Wu Tasi smiled and said curiously.
"Oh my God, is this the Mayfair district they talked about yesterday? But why does it look old and the streets are very narrow? So many of the houses and buildings are from the last century?" asked Jia Lei, puzzled.
"It's because they're from the last century that this neighborhood is so noble! Almost every humble clothing store on this street has been frequented by European royals, and you can see some cardboard suits of kings in them. Do you see the department store over there?" Wu Tatars said while slowly taking Jia Lei for a walk, while casually pointing to the buildings on both sides of the street and introducing Jia Lei.
"See!" Jia Lei nodded and said.
"Her Majesty the Queen of England likes to change into casual clothes and go shopping in that department store secretly. Utarth said with a smile.
"Are you talking about Her Royal Highness Queen Elizabeth?" Jia Lei immediately asked excitedly.
"Yes! Her Majesty. Utars nodded.
"Oh my God...... It's really incredible. Jia Lei said with his mouth wide open.
"Look at this perfume shop? Don't look at their shop is small, but the fragrance of this perfume is unique, it is not as rich as French perfume, nor as vibrant as American perfume, but is known for its rigorous and restrained style, which is the kind of taste that European royals and celebrities admire. Rigorous and low-key, exuding an aristocratic temperament everywhere!" Uttars said.
"I'm afraid this is the hardest perfume in the world to buy, right?" asked Jia Lei.
"No! The hardest perfume to buy is at the barbershop over there, the Trumper, where customers often tip dozens of pounds just for shaving their faces in the afternoon. Because the money is just a customary tip for customers, and the customers of this shop are basically residents of the neighborhood, a few dozen pounds doesn't matter to them at all!" said Uttars.
"There are rich people living around here!" Jia Lei nodded and said.
"Their home is best known for its 1875 affair, which has never been renovated to this day, and has maintained its original appearance for more than 100 years, and has been offering a true perfume customization service: a perfume that only the customizer has the right to use, and the recipe can only be made public after the customizer has died. This is the hardest perfume in the world to buy......" Wu Tatars still introduced Jia Lei as he walked.
Jia Lei walked slowly on the street with Wu Tas, and listened to Wu Tas's introduction to the world hidden in these inconspicuous alleys......
The two walked all the way and finally came to Hyde Park, a well-known green space in London!
This is the end of the daily walk in Uttars!
(I'm afraid that everyone is in a hurry, so I will post an article first, and I will correct the typo.) )u