The information provided by Citibank includes loan or investment applications from numerous startups around the world.
Banks can lend money, and for some uncertain projects, or for entrepreneurial teams that lack collateral but are willing to sell shares, banks will also help them find angel investors.
People like Lin Sanqi who have a lot of cash and a desire to invest become the best angel investors.
Lin Sanqi sneered when he saw the company names on the list, because he didn't recognize any of the companies on the list and was completely in the dark.
If you invest in a startup and it's successful, you're called an angel investor. If it's unsuccessful, you're a complete sucker.
You let others waste your money, and then in return you get a bunch of useless shares. You will never be able to wait for the company to go public and make money for you. What you may wait for is the company to go bankrupt and the shareholders to bear the corresponding debt liability.
It's not like he traveled back to the year 2000. If he were in that era, he would really be willing to be an angel investor and invest in various unicorn companies that later became famous.
Yin Lianyi was also looking at the investment list and shook her head after reading it.
"Mr. Waters, we don't have any intention of becoming angel investors yet. We may have that intention in the future, but we'll need to set up a dedicated investment company and conduct background checks before we can invest. Investing blindly now is a big taboo in the capital market."
When Worster saw that the two young men were clear-headed, he stopped trying to persuade them.
Anyway, as long as the customer's money is spent, he can get a commission no matter what the investment is, so there is no need to rush.
"Mr. Lin, Ms. Yin, which projects would you prefer to invest in? My colleagues and I can help you with your recommendations."
Lin Sanqi took out his iPhone 6 and waved it, smiling:
"Mr. Worster, Citibank should have its own securities department, right?"
Manager Worster was very smart and realized immediately:
"Mr. Lin, do you mean to invest in US stocks? For example, Apple?"
Lin Sanqi nodded:
"Yes, I've studied Apple's market capitalization. Let's not talk about the distant past, but in 2010, Apple's market capitalization was $200 billion. But by 2014, Apple's market capitalization had tripled to over $600 billion.
In less than four years, the company's market capitalization tripled, meaning investors' assets also tripled. I've also noticed young people's love for Apple products. My sister, for example, prefers Apple when buying phones and tablets.
So I think investing in Apple stock is a good choice. I'm a medical graduate, and although my girlfriend majored in finance, she's still young and lacks the foresight of an investor, so I prefer to make more conservative investments."
Worster himself is an American and is no stranger to this old technology company.
"Mr. Lin, your suggestion is good if we're going to invest conservatively, but investing in high-tech stocks also carries considerable risks.
For example, from March 7, 2000, to October 8, 2002, the high-tech stock market crash lasted about 950 days, or 31 months. The Dow Jones Industrial Average fell by as much as 78%, and the Nasdaq Composite Index also plummeted by 75%.
Take your domestic company NetEase for example. Its stock price has fallen all the way from $15.5 at the time of its listing to a low of $0.48, a drop of 97%. NetEase's market value has also fallen from $470 million at its listing to less than $20 million.
Therefore, investing in stocks is not an ideal conservative investment. If you want to be more conservative, I think you can buy various wealth management products and funds from Citibank."
Lin Sanqi burst into laughter after hearing this:
"Woster, you saw a stock market crash, but I saw opportunity. If I had bought a large amount of NetEase shares when the stock price was only $0.48, I would be a multi-billion dollar tycoon now."
Worster quickly explained:
"No, no, no, Mr. Lin, what I mean is that the ups and downs of the U.S. stock market are very scary. A single stock market crash can wipe out your wealth."
Yin Lianyi, the finance manager, also has this concern:
"Sanqi, you're going to invest billions of dollars in the US stock market. Isn't that too risky? Perhaps you could diversify your funds and buy a few other US stocks so that you don't put all your eggs in one basket."
Worster obviously agreed with Yin Lianyi's suggestion:
"Yes, Mr. Lin, stock trading is risky, so you need to be cautious when investing."
Lin Sanqi, however, had extraordinary confidence in Apple. Instead of investing in other unfamiliar stocks, he decided to go all in on a potential stock that he was optimistic about.
So he gently shook his girlfriend's hand:
"Don't worry, this $5 billion was ill-gotten gains. Besides, the antiques in my warehouse can probably be sold for tens of billions of dollars, not to mention I have so many natural medicinal herbs and jade.
$5 billion is just a fraction of my small fortune. Even if I lose it all, I can afford it. At worst, I can just keep selling antiques. When they're all sold, I can buy more. Why would I bother with that much effort?
Lin Sanqi only cleared out the antique shops in Peking in 1961, but every province and city across the country had its own antique shops.
For example, the Shanghai Cultural Relics Store, Nanjing Cultural Relics Store, Guangzhou Cultural Relics Store, Shenyang Cultural Relics Store, Xi'an Cultural Relics Store, etc., these stores have definitely no fewer antiques than those in Beijing.
So Lin Sanqi's money came like a strong wind.
Seeing that their boss was determined, Worster and Yin Lianyi stopped trying to persuade him.
"Mr. Lin, how much Apple stock do you plan to buy? I can have the head of the securities department contact you."
Lin Sanqi thought for a moment and decided:
"Please buy it in the name of an offshore company. Buy $4.8 billion for me first, and keep $200 million for emergencies."
Worster was also decisive: "OK, I will immediately arrange for the head of the securities department to follow up."
There are skills to buying stocks. If 4.8 billion US dollars are invested all at once, the stock price will soar, which is not conducive to the interests of the buyer. Therefore, it is necessary to accumulate shares slowly in batches.
Apple's market value is over 600 billion US dollars, and the purchase of 4.8 billion US dollars divided into 20 accounts will not attract much attention.
Lin Sanqi also has $1 billion worth of Apple stock in another account.
Not to mention the future, just the current $5.8 billion worth of Apple stock may increase fivefold in ten years to $30 billion.
Is there a better investment than this?
The key is that stocks can be sold for cash at any time and have good liquidity.
If you buy real estate in China, you can make a lot of money in ten years, but what if a sales restriction policy locks you out?
Even if you successfully cleared out tens or even hundreds of billions of dollars worth of real estate and received so much RMB, it would be extremely difficult for you to exchange it into US dollars because you are not Li Huanggua.
If the money cannot be taken out, it becomes dead money and may be hunted by certain domestic capitals.
Even if no one touches your money, and you have tens of billions of RMB in your hands, how much can Lin Sanqi eat if he eats rice rolls and shrimp dumplings every day until he dies?
After coming out of Citibank, Yin Lianyi was still a little dizzy, and looking at her boyfriend next to her felt completely unreal.
"Thirteen o'clock, you've become a billionaire now?"
Lin Sanqi affectionately scratched his girlfriend's nose:
"Yeah, you're going to be the wife of a billionaire soon. Are you happy? Are you surprised? Haha, your mom won't call me the expelled loser from Shilou Village anymore, right?"
Yin Lianyi rolled her eyes at her boyfriend:
"They say men become bad when they have money. You'd better behave yourself, otherwise I'll make you a eunuch for the rest of your life, hehe."
Lin Sanqi smiled cunningly and whispered in his girlfriend's ear:
"You can ask me to stay with you forever, but you have to cooperate..."
Yin Lianyi's face instantly turned red, and she chased after her boyfriend, beating him and scolding him:
"Bah, obscene, Lin Sanqi, you are experienced? Humph!"
Lin Sanqi embraced his girlfriend and said happily:
"Come on, I'll take you to Hong Kong for a swim. We're already so rich, and yet you're still living at the university student level. Come on, I'll take you to Litchi Bay Resort for a few days."
"What is Litchi Wo? I've never heard of it. I've only heard of Liyuan."
"You'll find out when you get there."
An hour later, the taxi took Lin Sanqi and Yin Lianyi to Litchi Bay Village.
Lin Sanqi was overjoyed, thinking that he could finally see the Litchi Wo Resort Hotel 50 years later. However, as far as he could see, there was no big hotel at all. It was clearly just a small fishing village.
Lin Sanqi was stunned for a moment, then burst out laughing, knowing that this was another bug in the parallel world.
Yin Lianyi was a little puzzled. "Why did you choose such a small fishing village? There's no resort hotel here. There's only a small shop and a lonely bus sign at the entrance."
Lin Sanqi took out a SLR camera and said with a smile:
"Let's go for the artistic youth route today. Come, I'll take a few photos of you wearing clothes..." (End of this chapter)
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