Catherine took a document from her subordinates and handed it to Xiao Yifei:

"Mr. Xiao, we generally use the form of portfolio to reduce risks when formulating investment plans, and this time we have formulated an investment plan based on your situation, and I will give you a general explanation."

"Based on your request, we have made two investment plans, one for a total of $100 million and one for a total of $200 million. They are basically composed of bonds such as treasury bonds and corporate bonds, plus stocks and a small number of funds. The names and quantities of the varieties are listed in the information. ”

Xiao Yifei flipped through the information and found the list, and a large number of company names came into view, most of which were names that Xiao Yifei had never heard of. But looking at the share, bonds actually account for half.

"Why are there so many bonds?"

Catherine didn't understand what Xiao Yifei meant, and patiently explained to him:

"Mr. Xiao, although the yield of the bond is low, it has little risk, and for the safety of your funds, we have deliberately increased the share of the bond."

Xiao Yifei thought while reading the information, and he knew very well in his heart that the words of these financial professionals could only be relied on and could not be trusted. If you believe them completely, if something goes wrong, the experts will only lose their reputation, but what they lose is real money, so he must have his own opinion on this matter. First of all, he was the first to exclude the US national debt, this Yankee is famous for borrowing money everywhere, every American has tens of thousands of dollars in national debt, what if he defaults on the debt. Then he excluded those corporate debts. If he lends money to these companies whose names he has never heard of, if they declare bankruptcy like Fannie Mae and Mortgage Mae, then these debts will have to be restructured or something, and it will be a matter of the Year of the Monkey when they are recovered.

Although stocks and bonds generally account for the majority of household financial management in the United States, Xiao Yifei feels that corporate bonds are more risky than stocks because he has basically never been exposed to corporate bonds when he was in China.

Xiao Yifei turned to the stock page again and found that they recommended holding a lot of stocks, and the largest share was a company called Netflix.

"What is this Netflix for?"

After Catherine's introduction, Xiao Yifei knew what kind of company Netflix was, and it turned out to be a company that rented DVDs. It's just that it now has tens of millions of users. According to the average household size in the United States, basically 60% of the people who like to watch movies at home are his users.

"Judging from the 5 billion market occupied by Blockbuster, which was defeated by it, Netflix's value is obviously underestimated now. And in response to the onslaught of online streaming, it has also begun to take proactive measures to deal with it, so we are extremely optimistic about Netflix. ”

As for the other dozen or so stocks, Xiao Yifei has only heard the names of two or three companies. For a company that doesn't know what its main business is, or even a company whose name he has never even heard of, Xiao Yifei doesn't want to buy their shares.

After thinking about it, Xiao Yifei said euphemistically:

"Your plan is good, but it doesn't work well for me."

"Mr. Xiao, if you have any needs, just mention it, we can make a new one immediately."

"Then I'll get straight to the point, first of all, the first one is that there are too many types. If you look at more than a dozen corporate bonds, more than a dozen stocks, and a few funds, it takes half a day to count how many assets I have. ”

"Mr. Xiao, this is a portfolio we use to avoid risks."

"I know, but firstly, investment is inherently risky, and secondly, the current economic environment, no matter how bad it is, is not much worse, and the risk is actually not big."

"So you mean just buy a stock or two?"

Xiao Yifei looked at the information and thought about it, since Li Qinglin bought so many Apple products yesterday, let's buy it:

"Buy 100 million Apple shares."

Apple's share price has risen from a low of 78 yuan in February this year to about 190 yuan now, and has basically returned to the state before the economic crisis. In addition, Apple's things are becoming more and more popular in China, and I believe that the performance will be good in the future. Moreover, Apple is in the portfolio they recommend, but the amount they buy is definitely not as large as Xiao Yifei.

Catherine thought for a moment:

"Yes, what are you going to buy for the other 100 million? Do you want to choose a low-risk bond? ”

Why does she always talk about bonds, Xiao Yifei doesn't want to lend money to others to spend at all.

"Buy gold."

"Investing in gold requires a very professional level, or you should sign a entrusted financial management."

Catherine thought that Xiao Yifei was going to speculate in gold futures or play spot gold. She also knew that Xiao Yifei was busy with other things, and in the ever-changing gold market, it must be entrusted with financial management and convenience, and it was very convenient to stop losses.

"Don't bother so much, help me buy 100 million physical gold."

There are many types of investment in gold, futures gold and spot gold are speculation, and the vast majority of them will not carry out the final physical delivery, that is, they will not see the physical gold. And what Xiao Yifei wants is the physical gold delivered to his hand.

Catherine was about to say that the profit on physical gold was too low, but Marshall interjected:

"Physical gold is also available, our bank can provide gold storage services, and it is very convenient for you to sell it in the future."

Xiao Yifei couldn't wait to take out the gold brick from the space and smash it at him. In short, you rich countries are doing everything possible to scrape oil, aren't they? I have the space in my hand, and I put the gold in it, and no one can steal it, so why should I leave it to you for safekeeping.

"Do I have to give it to you for safekeeping? I can't save it myself? ”

"Of course you can save it yourself. At the current price of gold, 100 million US dollars, after deducting handling fees, can buy 95,000 ounces, about two and a half tons. In the case of private storage, the venue and safety aspects need to be carefully considered. In addition, if you leave it to us for safekeeping, you can complete the transaction within 10 minutes when you want to sell. As you know, the price of gold changes rapidly, and timeliness is important. ”

"What if I keep it myself, what if I sell it?"

"If it is sold to us or another organization, it needs to go through a series of inspections and appraisals, which take time, and there are also transportation costs, appraisal fees, and transaction fees. If it is sold through the futures market, it must also be sent to the delivery warehouse for these tests. ”

Oh, get it, if you don't sell it for your own safekeeping, it's fine. But once it's sold, it's going to take a lot of work.

"Then I'll leave it to you for safekeeping, can I take it out at any time?"

"Of course you can, this is your gold, of course you can take it, but when you put it back into storage, you need to go through steps such as inspection, which takes time and some costs."

"Forget it, I'd better keep it myself."

Catherine interjected at this time and suggested:

"Mr. Xiao, the profit margin of physical gold is too low."

Xiao Yifei said with a smile:

"But it definitely holds its value, right? The risk is definitely lower than that of bonds. ”

"Although experts say that gold will stand above $1,600, the timing is uncertain, and no one is 100% sure that gold prices are not likely to fall."

"And what do you mean?"

"Why don't you buy less gold and buy some stocks, I really recommend you choose Netflix."

Xiao Yifei also felt that holding more than 2 tons of gold was too exaggerated, after all, if he really needed gold, he could just dig up the treasure buried by Hans, which contained more than 5 tons of gold.

"Then buy 50 million Netflix, 50 million gold."

After consulting with Ryan and Catherine, Xiao Yifei will register a private company (ly_pany) in Delaware.

The so-called private company, also known as a closed company, is generally a small and medium-sized enterprise or the holding parent company of a large group, such as Lei Shidong's National Entertainment is a private company. This type of company is similar to an ordinary limited company, but the corporate governance and transparency aspects are more confidential and do not need to be publicly announced. Of course, such a company has high requirements, such as having fewer than 50 employees, a ban on listing, and a ban on public issuance of corporate bonds and shares, and even the transfer of its shares is greatly restricted.

I chose Delaware to register because it is known as a company's paradise.

The largest businesses in the U.S. and around the globe are registered in Delaware, including Walmart, General Motors, Ford Motor, Boeing, Citibank Group, Coca-Cola, and many more. About 60 percent of companies listed on the New York Stock Exchange and other U.S. stock exchanges are registered in Delaware, and more than half of the Fortune Global 500 companies are registered in Delaware. In total, there are more than half a million companies registered in Delaware.

Since so many giants have chosen here, there must be a reason, so Xiao Yifei also put the company's registration place here.

Later, this private company invested in the establishment of two companies in the United States, namely Isis Investment Company and Osiris Holding Company, which bear the name of the space.

The shares of Apple and Netflix will be held by Isis Investments. In addition, the four companies that control 10% of Sotheby's shares will be added to the name of Isis Investment Company as subsidiaries. In the future, this investment company will specialize in managing the messy stocks in Xiao Yifei's hands. The Osiris company pays attention to the industrial aspect, and when the winery expands to form a wine group in the future, it will be controlled by the Osiris company.

The registration of a series of companies was entrusted to lawyer Ryan, who assisted them.

Xiao Yifei spent this day on the matter of investment, signed countless documents, entrusted gold business, entrusted stock business, and later signed with Ruian to entrust the registration of the company's documents, these documents need to be briefly browsed by him before signing, and he has a big head.

After taking care of business, it was already evening when I returned to the hotel. Li Qinglin and the others have finished their first day of travel, and today they went to Chinatown and the Golden Gate Bridge, as well as several exhibition halls in Kinmen Park, and had a great time.