Supreme Sacred Ring, Carefree Tycoon!
In the 80s, a good-quality old Hainan Huanghuali round-backed armchair from the Qing Dynasty could be yours for just twenty yuan. Now, two million yuan o...
"Wow, Boss, this property is quite nice. I'm tempted by it. But Boss, if you hadn't wanted to buy a property this time, I would have thought you were a god who was not interested in worldly matters." Cesar Cook, who was following behind Yang Jing, looked at the huge duplex apartment in front of him with a smile. He expressed his feelings randomly and whispered to Yang Jing.
Yang Jing glanced at the guy, shook his head slightly and said, "Cesar, if you like this kind of house, you can definitely buy one with your current wealth. You don't need to say such sarcastic words here. How can I be a god who doesn't care about worldly things? I didn't buy real estate before because I didn't need it. Now I want to buy some real estate and wait for it to appreciate in value, so I bought it."
"Uh...Okay, I was wrong, I'm sorry. But boss, do you mean that real estate in Manhattan will appreciate in value?"
"Of course, this is Manhattan, this is Fifth Avenue, and it's the Fifth Avenue next to Central Park. If the real estate here doesn't appreciate, where else will appreciate? The stock market crash broke out last year, and it has been almost half a year now. Real estate prices throughout the federation have been falling, but this is not a normal situation. Once the impact of the stock market crash is over, real estate prices will continue to rise. And I am more optimistic about the federal economy in the next ten years. I think starting from next year, the federal economy should begin to recover slowly, and in the last decade of the twentieth century, the federal economy should have a relatively large wave of sustained development. So, Cesar, now is a good time to buy real estate."
"Really, Boss? Although I have always believed in you, I can't tell when the value of federal real estate will rise. And I think it would be better for the funds in my personal account to speculate with you, so that my funds will appreciate faster."
Yang Jing shook his head helplessly, motioning the real estate agent who wanted to approach to stay away for a while, then turned around and said to Cesar: "Look at this house, it's across from Central Park and next to the Plaza Hotel, the location is great. Moreover, this house has three floors, the top two floors are duplex, and there is a huge sky garden outside, with a total area of more than 12,000 square feet. This kind of house is only selling for 9 million US dollars now, which is actually very cheap. Buy this house now, don't worry about anything, wait for 20 years, this house will definitely appreciate more than ten times. So, I really suggest that you buy a few more properties like this, at least in the next 20 years, this kind of property is the best guarantee for value preservation and appreciation."
"Twenty years? Boss, that's too long. I can't wait. Besides, compared to buying real estate and waiting for it to appreciate in value, I prefer to follow you and make waves in the financial market."
Yang Jing was speechless.
In the end, Yang Jing bought the property on the top floor of a high-rise apartment building on Fifth Avenue for $8.5 million, which was nearly half the price Yang Jing paid for the three-story office building for KY Investment Fund at the beginning of last year.
Compared to the price of cabbage 20 years later, this price is almost the same as the price of cabbage. As Yang Jing said just now, if this kind of top-level apartment with an excellent location was placed in the highest housing prices in the United States before the subprime mortgage crisis, you would not be able to buy it without 150 million US dollars. Even in 2018, 30 years later, the value of such a property is more than 100 million US dollars.
Although this method of appreciation is too slow compared to investment in the financial market, Yang Jing has a lot of spare money now, and he really has nothing to do, so he started thinking about real estate.
In the late 1980s, under the influence of the stock market crash, except for Japan, the real estate prices of other major countries in the world plummeted a lot. Not only in Manhattan, but also in the core areas of major cities around the world, the top real estate prices fell by nearly half. For example, the top real estate near Kensington Gardens in London, the most expensive one is only 15 million pounds now. Thirty years later, the real estate near Kensington Gardens is worth hundreds of millions of pounds.
There is also Malibu on the west coast of the United States. Thirty years later, Malibu will be a gathering place for luxury homes. But now, Malibu has not yet become an independent city, and a villa with the best location and covering an area of more than one hectare there only costs three or four million US dollars.
Therefore, now is the best time to purchase this kind of top-notch luxury house. Anyway, you have plenty of spare money now. Spend some money now to buy properties around the world. After the Dragon Fund is successfully handed over to you in the future, you will have a place to live in the most famous and fun places in the world.
Since he had nothing to do anyway, Yang Jing brought Cesar, who also had nothing to do, to see this luxury house today.
Now that KY Investment Fund has a troika headed by Henry Williams and Mike Aller watching over it, there is nothing to worry about. In addition, KY Investment Fund has also recruited a number of outstanding managers during this period of time to manage companies that own a large number of stocks.
It's like Henry Williams even poached a vice president from Goldman Sachs.
The vice president of Goldman Sachs is named Niamh Wilson, who later became the global CEO of Goldman Sachs. Although he is not well-known, this guy is indeed very capable in finance.
It's just that Niamh Wilson is not doing very well at Goldman Sachs now. He used to have a very good relationship with Henry, so when he saw that Henry was doing well now, and with Henry's encouragement, he switched jobs.
Now Niamh has been named by Henry as the executive vice president of KY Investment Fund. He has also become a member of the board of directors of the twenty-seven companies in which KY Investment Fund holds a large number of shares, and is specifically responsible for supervising those twenty-seven companies.
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