Chapter 178 Buying a Car and Investing



The luxury car market is so small that the rich look down on used cars and the poor cannot afford them.

There are not many people speculating these days, just like the art market. Without speculation, the price won’t go up.

Since the appreciation rate is slow, naturally not many people are willing to invest money in it, unless they really like it and pursue a retro sentiment.

Otherwise, how could the store have so many high-end luxury cars in stock? If everyone treated them as works of art that could appreciate in value like Han Chudong, they would have been bought out long ago. There is no shortage of rich people in Los Angeles.

It's rare to meet a wealthy customer as easy to talk to as Han Chudong. He offered to write a check immediately after we test drove the car for less than half a mile.

This Dino 246 GTS was a new car produced just last year, and the second-hand car market price was there, so the boss didn't say much nonsense. After hearing it, he immediately agreed and stretched out his hand and said, "Deal!"

Let go of the steering wheel and shake hands with the other person with one hand.

Now that he had a Rolls-Royce and a Ferrari, Han Chudong was a little excited, but not as happy as he had imagined when he was a poor student.

As your net worth increases, your horizons begin to broaden.

It's just like an ordinary person with tens of thousands of dollars spending money to buy a bicycle. It would be strange if he could feel a sense of accomplishment. It's nothing more than buying a big toy.

He asked the owner of the car dealership, "How much are all the cars in your store worth in total? Why are no one buying antique Bugatti and Mercedes-Benz cars?"

“There are relatively few people who like old cars. Car-making technology is improving every year. Even a racing car like the 250GT can’t outrun other cars on the road today.

Some of them are no longer drivable, and the manufacturers have long stopped producing spare parts. I can only buy them back and put them there as decorations. My business is really bad... The income can't even pay the rent, but I just like to collect them. "

The white boss turned his head and stared at Han Chudong, then asked him, "Do you want to take over my entire store? Just stocking up the goods cost me hundreds of thousands of dollars, and some of the cars are the inheritance left to me by my father. Last time, a car museum was willing to offer two million dollars, but I didn't sell them. If you want, two...three hundred thousand dollars, if you can afford that money, they will all be yours."

It can be seen that this used car dealer has some money, but he doesn't seem to be a shrewd person who knows how to do business.

If he really knew how to do business, he wouldn't just say 20,000 US dollars is 20,000 US dollars. He would try to increase the price by a few hundred dollars, and Han Chudong would probably still buy it.

He smiled and shook his head and replied, "I can come up with more than two million US dollars, which is not difficult for me. But they are not worth that much money. Even if I put the money in the bank, I can get more than 10% interest every year. If I buy so many cars at once, I don't even have a place to put them."

"So I found out that I failed in another business venture, and you really don't want to take over?"

Han Chudong heard this and continued speechlessly: "You have admitted that your business has failed, so why should I take over them? However...if you are willing to make it cheaper, I can pick out a few limited edition luxury cars to decorate my store."

"Okay, turn around and come back to my shop. If you like any of them, just tell me. I won't sell you the 1963 Rolls-Royce Silver Cloud, which I'll keep for myself. I can sell you the rest."

It doesn't sound like a limited edition, and Han Chudong doesn't care about it.

I bought an oil painting in New York a few days ago. It was to satisfy my inflated mentality after becoming rich. Also, for the purpose of investment appreciation, I suddenly had the idea of ​​buying some high-end cars, which was similar to the idea of ​​buying the oil painting at that time.

He immediately turned around and drove back, muttering, "I want that old Bugatti and the limited edition Ferrari. How much is the Ford GT? I want to try out the cars first when I get to your store..."

Pick and choose.

Under the gloomy gaze of Kyoko Mochizuki, Han Chudong successfully spent 220,000 US dollars and bought four cars, three of which were the more expensive models in the store.

He cares more about the rarity and brand reputation than the condition of the vehicle itself.

The three Ferraris are a 1962 250GT, a 1964 Ferrari 275 GTB/C Speciale, and last year's Dino, plus a 1967 Ford GT.

As for the Bugatti classic car, Han Chudong gave up on it because with his arrival, it was hard to say whether there would be another Bugatti supercar in the future. The room for appreciation was limited, so there was no need to waste money.

He bought these cars with a check from Mason United Group, drove away in a Ford GT, and asked the store owner to deliver the remaining three to his door, leaving the driver Wu Hai to help keep an eye on them.

It roared all the way and almost rear-ended another car. Driving a supercar is more difficult and I wasn't quite used to it when I first started.

Gradually get used to Han Chudong's spending speed.

But in the eyes of Kyoko Mochizuki, it still feels incredible to spend more than 200,000 US dollars on a car, especially an old car.

Han Chudong drove all the way back to the company building and then got busy with business matters. Tomorrow, seven Rainbow Beauty stores will open at the same time, so he must do his best...

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It was a little after five in the afternoon and the office was filled with the smell of cigars.

Back to two hours ago, Han Chudong called Bank of America to ask if they had any securities business. The bank immediately sent someone to his door to discuss the detailed needs face to face.

Three white people came, each holding a cigar, and just by looking at their clothes, you could smell the vibe of "elites from prestigious schools."

So what? Now I have to try to please Han Chudong.

One of the deputy managers of the investment bank department said in a slightly puzzled tone: "Mr. Han, why do you insist on Intel? If you prefer the semiconductor industry, I suggest you buy IBM or HP. These two companies are the main stocks promoted by various securities companies and investment banks, and their performance is also very good.

We don’t have much business on the Nasdaq market, and very few investors pay attention to us. The popularity will directly affect the stock price performance.”

Just now, after Han Chudong met with them, he directly asked about the handling fees for purchasing Intel stock and the current stock price.

Because he didn't know much about the company, and out of laziness, and because he really wanted to hold on to Han Chudong, a private banking VIP client, the middle-aged white man named David tried to direct his attention to IBM and HP.

It cannot be said that David wanted to cheat Han Chudong. The performance of these two companies is indeed impressive and has attracted special attention in the stock market.

But Han Chudong was not interested at all and insisted, "I only want to buy Intel's stock. I don't want anything else. I will invest about 3 to 5 million US dollars. Just tell me if you can do it."

There is no wrong version in the 1619 book forum!

"Of course, but do you want to become a major shareholder directly? Its total market value doesn't seem to be very high."

Mr. David made a wild guess and subconsciously thought that Han Chudong had obtained some inside information.

A company engaged in the semiconductor industry has nothing to do with Han Chudong's current business, so it's no wonder that the other party would think too much.

"Yes, I want to become a shareholder, preferably a major shareholder who can occupy a seat on the board of directors. Please help me check it out after I go back and tell me the specific expenses. Also, please research what price is the most appropriate to buy at."

As a novice in investment, Han Chudong has come up with the idea of ​​hiring a few professionals to help with financial management, for he is afraid that his own stock purchases will cause Intel's stock price to rise, resulting in wasted money.

Deliberately pretend to be like "I know everything, don't lie to me", and say as little as possible to avoid making mistakes.

He defeated the master with random punches and really scared the people from the investment bank. With his wealth and wealth there, no one would think that Han Chudong was not smart.

It was just an agent to purchase the stocks of an unknown company. He should be able to get the money by asking his peers. Mr. David didn't take it seriously at all and said, "Okay, then how about I come to meet you before the market opens tomorrow morning? Go back today and prepare the information you need."

"Sure, please help me sort it out as soon as possible. Also, I have a loan from your bank. Will it have any impact if I use the money to invest?"

After looking through the written materials provided by the bank and discovering the long list of fund balances in the account and the customer asset analysis sheet prepared on the spot, Mr. David felt a little sad in his heart, for no reason, simply because comparison is the thief of frustration.

He shook his head and said, "Don't worry, I promise there will be no problem. You are a VIP with a very high credit rating in our investment bank, and your assets are in good condition."

"That's good. After this purchase, I plan to hold it for a long time, and may continue to buy depending on the situation. This is our first cooperation, so please help me do a good job." Han Chudong put out his cigar, stood up from his desk, and opened the window to ventilate.

"I will definitely negotiate the best price, I promise."

"Okay, I'll wait for your good news..."

Because I have money, I don’t have to worry about finding people to help me with things.

As soon as Han Chudong sent the people away, he sent someone to contact a headhunting company and asked them to help find some talents with financial management and investment experience, about six to ten people.

Keep a few of them by your side, and send the rest to the Silicon Valley to set up a venture capital department. Have them help keep an eye on the most cutting-edge technological developments in the Valley and find projects with promising profit prospects for investment.

Han Chudong had never been involved in investment banking, venture capital, or stocks.

I managed to finish it before getting off work, and I felt an inexplicable sense of accomplishment, mainly because I once again deeply realized the charm of money.

Of course, tomorrow’s release event is the most important thing right now.

The employees of Rainbow Beauty Marketing Department are working overtime today. Some things need to be further improved, such as preparing for the record and adjusting the marketing plan for the next period of time at any time based on tomorrow's sales performance.

In addition, the promotion plan after the product is launched on the market must be improved. Mr. Colin Farrell has a very demanding personality and will not tolerate any carelessness.

I have been busy since the beginning of this year. I can say that I have dealt with everything I can think of...


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