It is worth mentioning that Fang Hong estimates that there will be 5 million families in the first phase of raising 2 trillion yuan, and the final data is 3.59 million families, which is nearly double the leverage level.

The so-called additional factor is the bank, not using leverage means not lending, and the bank can only earn a little channel fee if it does not lend, and the appetite of the bank is obviously not satisfied with only earning a little channel fee.

This special loan business is more profitable than the housing loan, for example, the 1 million housing loan has equal principal and interest for 30 years, and the interest is almost 1 million, but the interest rate of this special loan is 5.15, and the same 1 million loan funds are also 30 years, but the interest generated is 1.545 million yuan, which is 545,000 yuan more than the mortgage.

It is precisely because the banks are sparing no effort to promote loans that the 3.59 million households in the first phase have nearly doubled their leverage ratio as a whole.

In other words, of the 2 trillion funds raised by the wealth fund in the first phase, 1 trillion yuan is loan funds, which are leveraged funds.

Even if the bank does not count the channel fees earned, it will make a huge profit of more than 50 billion yuan from the hands of these 3.59 million households every year, which is 500 billion yuan in ten years, and the funds that have been directly covered by all loans in 20 years are still small.

This profit, the bank said quack incense.

……

On weekend afternoons, the Retreat Villa's indoor heated swimming pool.

Fang Hong swam back and forth in the pool a few laps before coming up, Tian Jiayi was also here, when she saw Fang Hong coming, she said about the wealth fund: "The bank has become the biggest winner in it, almost risk-free to win, making more than 50 billion profits every year." ”

Hearing the complaint of the beautiful assistant, Fang Hong sat down on the recliner next to him, and said with a smile: "No matter how you say it, it is also the four major lines of Guo Jia's team, and people rely on their ability to let the public use the leverage, let's not say much about what is not, not to mention that there is in-depth cooperation in many aspects, turn a blind eye." ”

Tian Jiayi immediately said: "You decided to set up a wealth fund for the majority of middle and lower-class people to provide exclusive investment and financial channels, its original intention is to alleviate the trend of the growing gap between the rich and the poor in society as a whole, this fund-raising plan is that the 2 trillion can make 5 million families on the bus, but the bank in order to expand their profits enough to reduce 1.4 million families, this is not a small number, I want to say that you should set the upper limit at 500,000 instead of 1 million." ”

Fang Hong shook his head and smiled, and after a while, he said slowly: "Do you know why I want to put the upper limit at 1 million instead of 500,000?" ”

The beautiful assistant subconsciously said, "Why? ”

Fang Hong said methodically: "Because whether the upper limit is 1 million, 500,000, or 300,000, the bank will win the loan target of 1 trillion, let's lower the upper limit to 500,000, and the bank is nothing more than doubling the number of loan groups." ”

Hearing this, Tian Jiayi said: "But there are millions more families on the bus, isn't that better?" ”

Fang Hong said lightly: "The cake is so big, 10 people can be well-off, 30 people can only eat and wear, and 100 people will be hungry." If I set the cap at $500,000, then each family can only buy $120,000, what will happen to that? ”

After a pause, Fang Hong looked at each other and said, "The result is that it will take a long time for everyone's consumer confidence to be activated, because it will take longer for the appreciation of assets to be considerable. Let's calculate the accounts for you, assuming that when a family's net worth is less than 1 million, he has little confidence in the future and will refrain from consumption, and only when the net worth reaches more than 1 million will he have the confidence to consume. ”

Now he has bought a wealth management product of 200,000 yuan, and according to the annual return of 15 percentage points, it takes 12 years of compound interest to exceed 1 million; But what if he bought 500,000? The time it takes to reach 1 million is shortened to five years, and the salary income from this family job can be shortened by another year or two. ”

"The result I want is that as long as the family in the car can quickly activate their consumer confidence in the next two or three years, the most important thing to bring consumer confidence is a considerable and stable wealth growth, when you know that you will make more money in the future, and you can calculate how much money you have a high probability of making, you will dare to spend at the moment, and you can even consume appropriately in advance, because you have confidence, you know that your future income will give you the bottom of the moment."

"The hundreds of families on the car are the middle and lower class people, most of this group are close to touching the middle class, it itself has a strong consumer demand, to improve life, when there is confidence in the future expectations, the current consumer confidence and consumption power you want to suppress can not be suppressed."

Speaking of this, Fang Hong added again: "What I want is not to work hard to do this, and the result is that 100 people are still hungry, what I really want is to first ensure that every family who gets on the car quickly activates consumer confidence in the next two or three years, rather than waiting for ten years, ten years is too long, and the daylily is cold." ”

Fang Hong finally concluded with a smile: "So it's neither more nor fine, but just right, impartial." You can't become a big fat man by eating in one go, you have to eat one bite at a time, step by step. ”

If there is one phase of the wealth fund, then there will be two and three phases later.

The first phase has activated 3.59 million families, and then activated the consumer market of more than 20 million people, which is not a small number, which can provide impetus for the overall economic growth of the society, and open up this part of the space can feed back the entry of the second phase of the raised funds, thus forming a virtuous positive circle.

If the fundraising is oversubscribed by 7 trillion yuan, the result will definitely be that the vast majority of funds will be idled in the financial system, and it will not be able to become living water to feed all walks of life.

Not to mention anything else, the big 7 trillion astronomical funds just a day of immobility will have to generate a lot of interest, in the long run, the wealth fund will also face huge pressure, when the time does not make money, the public will be in a mood, and often bad things and disasters are not alone, a little trouble is often trouble one after another.

It can be seen that when they come to send money, how much do they plan to receive? When will I pick it up? How to pick up? Whose money should be taken? Who's not supposed to take it? These questions are all important.

Of the 2 trillion funds raised in the first phase, each family contributed an average of 555,800 yuan, which is just the right range.

As long as the income is pulled up in the future, the consumption confidence of nearly 3.6 million families can also be pulled up at the same time, seeing the income of the wealth management products they buy increase significantly, seeing the rapid growth of their wealth, in the case of their own demand, the desire to consume is difficult to be suppressed.

And this boost of confidence will also affect the people waiting to get on the bus in the second and third phases, because with Zhuyu in front, those who get on the bus in the back will be more trustworthy and more looking forward to it.

……

(End of chapter)