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Chapter 588 Russell's investment plan

Fan Wubing ran home, but there was no one else in the house except the nanny. My sister was still on her honeymoon and my brother returned to Tianjin. My mother Zhang Mei had been organizing Fan Ting's wedding at home some time ago and owed a lot of work tasks. Soon, she went back to the unit and was busy dealing with the historical debts.

As a result, Fan Wubing felt that it was meaningless, so he thought about going back to the company to take a look. Recently, the people in charge of the branch below did not disturb him much. Who knows what important things need to be handled by himself?

In recent times, Fan Wubing felt that some investments in the United States should be sorted out. After all, the US economy is now beginning to develop in the direction of bubbles, and the rise in the stock market has reached a relatively fanatical level. If it were not for the so-called gimmicks of the new economy and digital economy, and investors would not be able to figure out where the high point is, they would have collapsed long ago.

Last year, the US economy maintained a roughly rapid and steady growth, but in the second quarter, the growth rate pointed out by private consumption suddenly decreased, and the import of goods and services also increased rapidly, which led to a slowdown in the overall economic growth. However, from the perspective of the whole year, it was the highest growth in 1988 years.

In the first quarter of this year, despite the impact of the Southeast Asian financial crisis and economic growth fluctuated, the annual growth rate is estimated to be the same as last year.

In May, Clinton said in a joint interview with The Wall Street Journal and Cable Network that the federal budget is expected to have a surplus of $50 billion by the end of September 30 of this fiscal year, which will be the first time in a decade, and the facts do prove it.

The US stock market is also booming, New York. Stock prices are rising day by day. In early April, the Dow Jones Industrial Average had already exceeded the 9,000-point mark, and continued to rise under the driving force of ib's profit report and Internet stocks.

As the IT industry gradually becomes the pillar industry of the United States, in addition to promoting the growth of the total economic volume, it also promotes the improvement of labor productivity.

The Nasdaq Securities Trading System, established in 1971, mainly providing market services for small and medium-sized enterprises, attracted a large number of small and medium-sized high-tech enterprises. The rapid development of the Internet around the world has made online stocks a newcomer in the US stock market.

In 1995, when Netscape was in the market, this company, which invested 1,7 million US dollars and had no profit for 16 months, became a giant with a market value of 2 billion US dollars overnight, creating the first myth of the Internet era.

Last May, the online store Amazon Company market, and this year, because of the hot speculation in e-commerce, people suddenly discovered that Amazon's model is the best example of virtual market defeating the real market. Therefore, by now, Amazon's stock has risen 23 times, and there is a trend of continuing to rise. It is estimated that by the beginning of next year, Amazon will become a behemoth with a market value of more than 40 billion.

Three years ago, the United States wanted to cooperate with Netscape Company. At that time, the market value of US Online was only one-tenth of that of Netscape Company. However, now, after the acquisition of other companies by the United States Online, its market value has exceeded ten times that of Netscape Company. It can be said that it has increased by 100 times year-on-year in three years.

According to traditional economic theory, the increase in the stock market between about 15 and 20 percent is a bubble economy. Now, the Nasdaq Index hits 60 new highs in a year, with an increase of 85.6 percent. The price-to-earnings ratio of online stocks is also surprisingly high. The price-to-earnings ratio of the United States Online is 230 times and Dell is 100 times. According to general rules, the normal price-to-earnings ratio of the stock market in developed countries should be 15 to 20 times.

The reason behind this phenomenon is by no means unreasonable, and the role and fueling of risk capital cannot be ignored.

Any entrepreneurship requires investment and is also risky. Entrepreneurship that lacks investment and refuses to take risks does not exist. The reason why the new economy can rise rapidly and the reason why high-tech enterprises can grow rapidly is the intervention and support of venture capital.

When the Internet was just popular, venture capital invested a lot of capital in newly launched companies, and often it injected a lot of capital before they even proved whether it was in line with the business model. Because venture capital was eager to get these companies to cash out their investments as soon as possible. Therefore, driven by interests, famous institutions that have adhered to the investment principles for many years, such as Morgan Stanley, Goldman Sachs and UBS, have also lost their principles.

For example, UBS once had an empirical rule that any company that underwrites stocks must earn at least $10 million in the year before the market.

However, this regulation has now become the focus of debate.

Because just this month, a new stock market of an unknown online company soared from $9 to $97 on the same day, and the company easily obtained more than one billion dollars in market value.

This crazy scene almost overnight changed UBS's investment principles, and they decided that the conditions for recommending the company's market and underwriting stocks would become $2.5 million in revenue in the past quarter, regardless of previous performance.

In this way, the issuance rate of new stocks will naturally greatly increase and reduce the threshold for new stocks. Online stocks can be said to be full of money. Any stocks related to the Internet can easily become popular on Nasdaq.

Of course, Fan Wubing also knew very well that it was not the most popular time for the Nasdaq. The year after year, the new millennium, before Mo was about to burst, it was called the last madness.

Fan Wubing feels that many of his investments need to be identified before the middle of next year, leaving high-quality assets to continue holding, and temporary investments need to be taken. Otherwise, it is indeed not easy to take action for so many assets at the moment.

After Fan Wubing arrived at the company headquarters, he found that the atmosphere here seemed a bit strange. Russell Su was whispering to a few girls of similar age at the front desk, while the nearby security guards avoided the distance, wondering if something special happened?

"What are you talking about?" Fan Wubing came over and asked.

"Ah?!" When several front desks saw the boss suddenly appear, they couldn't help but lose their looks.

The company has very strict requirements, and there is no need to chat during the shift. Moreover, Fan Ting's personnel department has always cracked down on such matters that may affect the company's image, so everyone is very careful not to violate it.

However, because Fan Ting was not in the company for her honeymoon, the people in the personnel department were lazy and the supervision was not so close. Therefore, a few people gathered together to chat when they were fine at noon.

However, they never expected that Fan Wubing would appear in the company at this time, and because they were too involved in chatting before, they did not find out when he came here.

Russus was having a very happy conversation. When he turned his head, he saw Fan Wubing. He immediately covered his mouth and his eyes widened.

Seeing this, Fan Wubing pointed her nose, "You, come with me to check the latest information."

"I still have a job at the front desk, why do you think of me as a secret command?" Russus reluctantly followed Fan Wubing and entered the elevator.

As soon as he entered the elevator, Russus sat consciously next to Fan Wubing and hit him with his shoulder, "It's noon, the boss is not at home to rest, why do you think of running to the company to work overtime?"

"I want to ask you even more," Fan Wubing rolled his eyelids and said, "The company spent money to invite you here. Did you let you chat? Several front desks gathered together and laughed. Even the guests were so unconscious that they were so polite. How could it be? I just felt embarrassed to say to you in front of everyone. Do you think this is very professional and ethical?"

"Isn't it because of boredom?" Russus said boredly, pulling Fan Wubing's collar, "A high-ranking student from Peking University was put here as a vase. If Sister Fan Ting hadn't given me good treatment, I wouldn't want to do it."

"You mean, this job is a bit burying your talent now?" Fan Wubing asked with a smile.

"Of course, it's not challenging at all. All day long, I smiled when I saw the guests, greeted them, registered, and gave them directions, or called the leaders of various departments to inform them. These are these simple things. What professional level do you think can be reflected?" Russus accused a little disgusted.

"A smile is also a skill. As a training in life experience, it is indispensable." Fan Wubing leaned back, leaned against the back of the sofa, looked at Russus, and said seriously, "Smile is actually a very invincible weapon. You may not have experienced it yet, but after you officially enter the workplace in the future, you will find that only those who learn to face life with a smile will have greater room for development."

With a tingling sound, the elevator arrived. The two of them stood up, left the elevator, and entered Fan Ting's president's office.

Because Fan Wubing had not eaten yet, he asked the restaurant staff to send him a meal, and read the information while eating.

"What are you talking about just now? I saw that the security guard was hiding far away, as if he had seen a ghost." Fan Wubing asked curiously.

Russus's face suddenly turned red and his expression became a little twisted.

"Shan, it seems that it is involved in a sensitive topic again, so it's okay if you don't talk about it." Fan Wubing knew what was going on when he saw her expression, so he waved his hand and said.

Russus bit his lip and said hesitantly, "Actually it's not that. It's just that they have some money now, so everyone gathered together and discussed some investment."

Oh, Fan Wubing nodded, thinking that these front desks did have a lot of income. If a few people gathered together, it would be interesting to invest, so he asked, "Then what do you think? Investment is not a shameful thing, so you won't be so sneaky? Tell me, I can help you with some advice."

"They said that the stock market is very hot at the moment and want to invest in stock trading, but because there is a conflict in the time of the follower, they are unable to make up their minds." Russus said.

"Stock trading, this is not a good idea." Fan Wubing shook his head and said, "Don't say that there are conflicts in the time of followers. You have no experience in this regard. If you only rely on following the trend, it will be difficult to make money. If you want to trade stocks, you must have good psychological quality, accurate vision, and a more sensitive nose. When you find something wrong, you need to make a quick decision to retreat. These conditions are not something you girls can satisfy."

Russus retorted a little dissatisfied when he heard this, "Brother Wubian, you seem to be a little underestimating to us girls!"

"It's not a question that underestimates it, but the factual experience is basically like this." Fan Wubing spread his hands, but he immediately asked, "Are there any other ideas?"

"Well, I mean, I want to open a boutique underwear store." Russus replied with a blushing face.

"There seems that there are many boutique underwear stores in Beijing, so they are not a good idea." Fan Wubing said after thinking for a while.

The atmosphere in the capital is relatively open. Although it is not as good as the coastal areas, it basically needs whatever you want. There are also many special underwear boutique stores. Although the price is not expensive, it is still a hot business. The only disadvantage is that the competition is relatively fierce and the store investment is relatively high. If you cannot get the agency rights of some big brands, it will be difficult to make a profit.

"No, we are not talking about ordinary underwear." Russus twisted his body and acted coquettishly beside Fan Wubing.

"Not an ordinary underwear? Is it a raincoat?" Fan Wubing was stunned for a moment, then asked with some uncertainty.

Russus blushed and said, "How come we girls are so embarrassed to sell that kind of thing?! We are talking about sexy underwear!"

Sexy underwear? Fan Wubing touched his nose and said, "The idea is good, but I think that the challenge of selling sexy underwear for a few young girls together seems to be no worse than selling raincoats!"

"That's why everyone is a little confused," said Russus.

However, from Fan Wubing's perspective, if several front deskmen in his company can wear sexy underwear to promote, the store door will probably be kicked out. In a sense, this idea seems to be very good.

If other factors are not taken into account, just attracting men to buy this kind of thing as a gift is enough to make them earn money to count and get cramps in their hands.
Chapter completed!
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