"So what are we going to do?" Ding Shishi asked.

"Of course you're going to raise a baby, what else can you do." Huang Wenbin said, "And Fluttershy, too, give me peace of mind to raise the baby." "As for Fang Tianhe, although he is not pregnant yet, he can always prepare, so he can't do anything but recuperate. It's really self-inflicted, and no matter how many good projects there are, no one can do it. Of course, there is one more person who is available.

"What about me?" Xiao Lei asked.

"You go raise pigs." Huang Wenbin said, "The flagship store of Xishi Baozi in Beijing is about to open, are you ready?" "It's a pity that Xiao Lei can't be busy just by managing the bun shop.

"It's not even close." Xiao Lei said.

"Then why don't you hurry up and prepare!" Huang Wenbin said.

"Oh, I'll go right away." Xiao Lei said.

"It doesn't matter what we do, it's what you do." Ding Shishi hugged Xiao Lei.

"Me? Of course I'm going to ...... Do something very important, do a new project. Huang Wenbin said.

"What project? How big to do? Speaking of these things, Liu Xiangdie was very excited.

"It's not that big." Huang Wenbin poured cold water on her, "It's just a small project." ”

"What is it?" Ding Shishi also asked, "Don't hang your appetite." ”

"Nothing, I'm going to get a fund project." Huang Wenbin said, "Now we don't have a lot of money and no place to use it, we can't use it all to buy Apple stocks, although we have a lot of money, we can't buy apples, it's better to use it as a fund." "Apple's market value is $600 billion - but Huang Wenbin doesn't remember what year it was, anyway, 2010 hasn't arrived yet, but it's a lot, and Huang Wenbin buys a lot of money, the stock price will definitely rise, the price will be high, Apple's stock price is still supporting the performance, and the money earned is less, which is not cost-effective.

"What are you going to do?" When Fang Tianhe heard that it was a financial project, he immediately paid attention.

Huang Wenbin is not very clear, what did Alipay do at that time, "I want to be the kind with low risk, what is it called?" ”

"National debt? Bill? Stock index? Fang Tianhe asked, "Or a money market fund?" ”

"Money market funds, yes, money market funds." Huang Wenbin remembered that Alipay is a money market fund.

"Although the risk of buying a money market fund is small, the return is not high, so it can only be said to be stable." Fang Tianhe said.

"Steady dìng is a good thing." Huang Wenbin said, "Just have a 5.6 point income a year." ”

"That's not as high as the interest rate on bank loans." Liu Xiangdie said.

"But it's higher than the interest rate on bank deposits." Huang Wenbin said that his idea was to save hundreds of millions of yuan to the bank to ensure his future life without foresight in the future, and then use tens of billions of yuan to buy a fund, and the principal would not move, and the money he earned was enough to spend. With this guarantee, the success of the business is naturally good, and it doesn't matter if the business fails, anyway, there is the income of the money market fund, which is enough to spend all day and drink.

"What is a money market fund?" Xiao Lei didn't understand, and she was dazed.

"In the seventies and eighties of the last century, the brain economy crisis in the United States, the deposit interest rate was very low, and in order to attract funds, banks launched large certificates of deposit with very high interest rates, and the threshold was high, and ordinary people could not afford it. Some people came up with a way to sell it to small investors for $1,000 as an investment unit, and raise money to buy this kind of large certificate of deposit. These small investment units can be bought and sold, and small investors can enjoy the return on investment that only large companies can get, while having higher cash liquidity, which is the earliest money market fund. Fang Tianhe explained to Xiao Lei.

"That's smart." Xiao Lei said.

"At present, the assets of money market funds are mainly invested in short-term monetary instruments, such as treasury bonds, central bank bills, commercial papers, bank certificates of deposit, government short-term bonds, corporate bonds with high credit ratings, interbank deposits and other short-term securities." Fang Tianhe continued, "Money market funds rarely suffer principal losses, and their returns are very stable, which can generally be regarded as advanced equivalents. Moreover, buying money market funds can maintain liquidity of funds, easy to buy and sell, and the maturity time is short, and it can be received in one or two days. The yield is similar to that of government bonds, much higher than demand deposits, and higher than time deposits. Moreover, the income is calculated daily and is compound interest, and bank deposits are simple interest. ”

"And something so good, I've never heard of it before." Xiao Lei said.

"So it's not enough to just make money, but also to manage money." Fang Tianhe said, "We have so much cash, and a lot of the part that we don't need in a hurry has also bought money market funds." ”

"I have tens of millions of spare money now, and I have a fixed term in the bank, do I want to convert it into a fund?" Xiao Lei asked.

"Of course you can." Fang Tianhe said, "The bank has to go through the procedures to get it back regularly, and it is not necessarily faster than the money market fund, and the interest is definitely gone." ”

"Hey, there's still three months to go." Xiao Lei said.

"Then don't take it out yet, and then talk about it when it's due. If it is tens of millions, in two or three months, the difference in interest is not very much. Fang Tianhe said that the cash reserves of the Shengong Group are calculated in tens of billions, and the difference of one point is more than 100 million, and half a point is also tens of millions, and the magnitude is completely different, "Wen Bin, do you want to make a money market fund, do you plan to acquire a ready-made one, or do you plan to make one from scratch?" ”

"I haven't decided yet." Huang Wenbin said with a little weakness that he didn't know how Alipay got it, it seemed that it was cooperating with others, but the cooperative fund might have been surnamed Ma for a long time, maybe it was also controlled, "Which one is better?" ”

"There is no one that is better, the acquisition of a ready-made one has quick results, but it is not your own person, and no one knows if there will be problems. Doing it from scratch is slow, but it can eliminate many distractions. Fang Tianhe said, "There is a profit in the fund itself, and it is not difficult for someone to get a license, so let's get one yourself, I think you are also good at this, isn't the wheat mobile phone made from scratch." ”

The wheat mobile phone was made by a grass platform team, but the Shengong Group acquired someone else. Smartphones are new things, no one knows how to do it, so there is still room for growth in the grass platform, but the money market fund is not a new thing, there is a complete set of rules, and then to get a grass platform team, isn't it looking for death, "can you buy or acquire, if you can't buy it, then talk about cooperation, it's really not good, and then get it yourself." ”

"Talking about cooperation? Aren't you going to be a money market fund? Fang Tianhe asked.

"I don't want to run my own money fund, I want to take out the money and deposit it in the zài money fund." Huang Wenbin said.

"How can you rest assured that it's not your own fund." Fang Tianhe said.

"yes, that's tens of billions." Ding Shishi said, "What if someone swallows it." ”

"It's not going to be swallowed, it's very strict now." Fang Tianhe said, "The main problem is that we don't save the money and don't move it, we still have to do business ourselves, and we have to take the money in and out often." If it's not your own fund, can you tell them a few weeks in advance about our spending plan? That's not the equivalent of divulging your most confidential information. If you don't say it, temporarily withdrawing the money will cause violent fluctuations in the amount of funds in the fund, and it will affect the business of the fund. ”

"Wouldn't it be nice if we found a larger fund to work with." Huang Wenbin said, "The larger the scale, the more smooth the impact of capital inflow and outflow, and the more stable the income." ”

"We have invested tens of billions of funds, who can completely offset this impact, even if it can be offset, the conditions put forward must be very harsh, and the rate of return will be reduced, which is not cost-effective." Fang Tianhe said, "You want a large amount of capital, ICBC Credit Suisse, Jianxin, Nanfang, and Wanjia are all very large, but which of these companies is a fuel-efficient lamp, and it is difficult to negotiate conditions with them." ”

"It's not tens of billions." Huang Wenbin said, "It's hundreds of billions." ”

"Hundreds of billions?" Fang Tianhe asked, "How can we have so much cash?" ”

"It's not just us." Huang Wenbin said, "Isn't there a lot of people in the wheat mall who spend money on it at any time, and I plan to pool the money to buy money market funds." If I can, I will also open a channel called Maibao, where customers can buy money market funds directly, and we will take a little commission from it. There are very few investment channels for ordinary people, and the threshold is very high, so we should be able to do it when we launch a money market fund that basically has no threshold. "Of course this can be done, and Yu Bao will do it.

"This ......" Fang Tianhe was not as sure as Huang Wenbin, "Even if it is a monetary fund, it has to start at a thousand yuan, and even if a person who goes to the wheat mall puts a little extra money in the mall, it will rarely reach a thousand yuan." ”

"No, there are so many customers in our mall, it doesn't matter if one person has two or three or three or four yuan, you can buy it together." Huang Wenbin said.

"This becomes the raising of funds in the face of unspecified objects, and it is easy to raise funds illegally." Fang Tianhe said.

"Don't be afraid." Ding Shishi disagreed, "It's not easy to get a license." ”

"It's easy now, maybe someone will check it in the future." Fang Tianhe said.

"Find some experts to study whether it will work." Huang Wenbin thinks that there should be no problem, Yu Bao has been made, and Maibao should be legal. The money market fund can be bought and sold openly, but he is just an agent for the money market fund to get some agency fees, and he can sit and collect money, and he can also get better returns for his tens of billions of funds, which is simply too cost-effective.

"I'll look for it tomorrow." Fang Tianhe said, "I think even if it is feasible, we should buy the fund." ”

"Buy it if you can." Huang Wenbin said, "If you can't buy it, it doesn't matter if you cooperate, we have so much money, I don't believe that no one is interested." ”