Chapter 2197 Persuading to Quit

"Where are you, John?" Feng Yiping asked.

Heidi said, "Okay, we all really want Man Tingfang's Chinese food,"

Ma Ling immediately said, "I'm making a call now,"

She obviously also thought about the possibility of a car crash, so the call was naturally made to Huang Jingping.

John glanced at Annie who interrupted the conversation with some dissatisfaction, and pulled Feng Yiping aside, "Feng, is there any reason why you said that?"

Feng Yiping was a little helpless, this John was really too sensitive.

"I just think that the recent housing market has been a bit sluggish, and I'm afraid it will remain the same for the next period of time. Why not simply sell the company, so that you and Heidi can have time to travel around the world,"

John thought for a while, "The recent housing market has indeed entered a downturn, and house prices have stagnated and have no longer been rising as before."

"According to what we have learned, some people have already abandoned some of their properties because of this,"

"But I think this is a normal phenomenon. This is just a transition. Generally speaking, everyone's enthusiasm for investing in real estate is still high,"

"We had a high-end condominium in Miami last year that was selling really well,"

This is the unanimous view of everyone in the United States, from ordinary residents to sales agents, real estate developers, and Wall Street, that real estate is still a project worth investing in.

For the ordinary middle class, it is a project that may bring benefits equivalent to one year's salary. For those with high wealth, it is a good safe investment.

"John, I would like to ask, what is the approximate asset-liability ratio of your company?"

For a company, this data is a very core data, but John said it immediately without any hesitation, "Around 70%,"

This is not a surprising number.

Real estate developers are generally at this level.

In other words, generally speaking, this is still a relatively healthy ratio, provided that sales conditions are ideal and market funds are generally loose.

"However, our personal financial situation is very good, or it has never been so good," John added. "The stocks we hold in Google and Apple are currently rising significantly, or in other words, the return rate is extremely high. "

Extremely high indeed.

Google's current stock price has exceeded US$600, which means that without considering the deed tax, his original investment has now increased in value five times.

As for Apple's stock, when they first bought it, it was just over 20 US dollars. In 2005, Apple regained its glory in 1995, and its revenue returned to more than 10 billion US dollars. At that time, Apple's stock price Already over $90.

Later, although Apple's stock price went through several roller coasters due to the impact of Jobs' health and some inappropriate stock option awards, it now seems that its stock price is entirely possible to exceed the $100 mark in the near future.

With the official delivery of iPhones in the second half of the year and the ensuing rush to buy, Apple's stock price will definitely have room to rise.

This means that the Apple stocks they purchased have a very high chance of returning five times as of this year.

This is naturally attributed to Feng Yiping.

These two investments were what Feng Yiping reminded him of through Ma Ling.

For him, it is also his duty to provide Ma Ling's family with some high-return investment opportunities within his ability.

"With all the currently operating projects, how many properties are still unsold?" he then asked.

"We are acting relatively steadily now. Last year, there was only one project in Miami, and less than one-third of the projects that have not been sold so far,"

"However, according to the current momentum, it will be fully digested by the end of this quarter at most," John is still quite optimistic about this.

Feng Yiping also feels that from the general trend, this does not seem to be a big problem.

"What's next this year? Do you have any new plans?"

"Still in Miami, we are preparing another high-end real estate project. However, given the current market situation, to be honest, I am actually a little unsure,"

As a real estate developer, John is actually quite conflicted. He already knows that many people's properties have been confiscated by banks. But on the other hand, because the financial market is loose and housing prices are still running at a high level, many people still choose to invest in real estate. .

He knew that even many real estate agents generally held more than three properties that were purely used for investment.

"My opinion is that new home sales have reached their highest point in 2005, and now they should be in a period of continued decline in real estate market capacity,"

"Although we are not sure how long it will take to get out of this trough period, I think it is certain that the real estate market, especially new home sales, will continue to be sluggish,"

"So, my suggestion is not to start any new projects this year. After the original projects are completed, it may be a good choice to wait and see," Feng Yiping said.

If John is determined to continue to develop in his old bank, then he will have many opportunities with a large amount of cash.

Alternatively, John can choose to sell some of the stocks he holds and repurchase his company's shares from other shareholders at a lower price.

Of course, while the current situation is good and the real estate market is still relatively hot, it is the best choice to sell the shares you hold at a high price.

"I trust your judgment, but for our industry, the cost of holding money and waiting is too high,"

"In addition, holding the currency and waiting on the sidelines means that we will lose a lot of development opportunities. You also invest in real estate. You know, good land is always very popular,"

It seems that, like everyone else, John also feels that the current real estate market is a bit sluggish compared to its peak period, but in any case, there will be no major problems.

"John, you can do the math. In the past few years, have you gotten higher returns from operating the company or from other investments?" Feng Yiping asked him a question.

"Of course other investments have higher returns," John said without thinking.

Not all investments can achieve returns of 5 times or more in just a few years.

Moreover, the income from investing in stocks is very refreshing, unlike running a real estate project, which takes several years and therefore generates a lot of hidden costs.

"I want to say that although there may be some ups and downs, the big trend in the future of the stocks you hold now, including Amazon, is always upward,"

"The rewards from this, I think, will exceed the rewards you get from running a company,"

"So, from a purely financial perspective, it is obviously more cost-effective to pool assets for investment,"

The reason why he said it was purely from a financial perspective is mainly because the identity of the person in charge of a company is also important in many situations.

In many social situations, it's obviously awkward to not have any title on your business card and you're not a well-known and well-known person.

"Besides, you and Heidi are no longer young now. I think that after decades of hard work, it's time for you to put down your work and enjoy yourself, right?"

"I think Ma Ling and Annie think the same way,"

From Ma Ling's side, he treated John and Heidi as his parents.

Ma Ling had been listening to Feng Yiping for a while and immediately said, "Yes, John, I hope you and Heidi will stop working so hard."

Anne said, "I don't care, I have trust anyway,"

Heidi couldn't help but hit her.

"Feng, you are right, and I can understand your thoughts, but can you tell me, are there any other reasons behind this?" John said.

From the beginning, he felt that when Feng Yiping discussed this issue with him, he was not simply hoping that he and Heidi would retire and enjoy life.

"There are not many other reasons. I just think that the real estate market has reached an inflection point. Of course, maybe I am too pessimistic, but under the current circumstances, selling your company is a good idea from all aspects. It’s a good choice,”

"Besides, we will take this step sooner or later, right? It's just a few years ahead of schedule now,"

"Yes, I have no interest in building a house at all," Anne said immediately.

John thought for a while, "I am in Washington and have invested in two properties."

"Is it financing from the bank?" Feng Yiping asked.

"Yes, raise money from the bank, and of course, just sell some stocks and we can own them easily,"

Feng Yiping knew the core of John's question, "I think there is absolutely no need to sell the stocks you currently hold for real estate in Washington."

"The stocks you hold, including Netflix, will continue to give you high returns in the future,"

"As for those two properties in Washington, it would be a good idea to sell now, if for no other reason."

"Sold now?" John looked at Feng Yiping steadily.

"Although selling now may bring some losses, overall, selling now, I think, should be a good choice,"

He knows that the crisis will not really break out until next year, that is, the U.S. real estate market should collapse next year. But obviously, if you wait until the loan you have to repay is higher than the property's valuation before taking action, then you will have no chance to take action.

It was also impossible for him to let John take action at the last moment very accurately, which would be too doubtful.

Those who can judge the general trend are geniuses, and those who can determine the specific time when the general trend changes are monsters.

"I think I understand," John patted Feng Yiping on the shoulder.

When returning to the room to change clothes, Heidi asked with some confusion, "We are in Washington, when did we invest in two properties?"

John smiled, "Do you think I can do this without telling you?"

"I think when this vacation is over, we'll sell the company,"

Heidi was delighted, "Have you made up your mind?"

This real estate company can be said to be John's greatest achievement, and it also places a lot of John's feelings on it.

"It's time for us to enjoy life with peace of mind, isn't it?" John said, "Why do we have to work so hard since we can get more rewards more easily?"

Sure enough, for a businessman, emotions are so strong that in the face of rewards, they are just clouds in the sky.

"Besides, selling the company when the anti-war movement is going smoothly would be a perfect ending for our careers, wouldn't it?"

So it has to be said that a successful businessman still has some pursuits.

"I have already thought about where to go after retirement," John said excitedly, "I have longed to go hunting in Africa for a long time,"

…………

Xiao Zhijie and Wang Changning woke up in a house on the mountain outside Los Gatos and prepared to go to Mantingfang.

After changing their clothes, they walked up to the rooftop in the mountain breeze and looked at the nearby towns, which gave them a more intuitive understanding of Silicon Valley.

"I always feel that in the United States, houses are not expensive and the environment is good, but it is too deserted," said Xiao Zhijie.

"If I live in a place like this, to be honest, I'm afraid I'll go crazy,"

"The land is vast and the population is sparse, isn't that the result," When Xiao Zhijie was emotional, Wang Changning would be more objective, "Besides, can Yiping be the same as us?"

"He likes places like this where he won't be disturbed,"

"That's right, even if he lives here, he won't feel lonely," Xiao Zhijie said, "Oh, Jingping called, let's go,"

…………

After entering Mantingfang, Rongrong and the other three immediately had their eyes lit up and exclaimed "Wow" in unison, but Huang Qinping pouted, "That's all,"

When Huang Jingping brought them closer to her office and looked at the dining table set up in the office, she couldn't help but complain, "Huang Jingping, you're going to receive us here?"