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Chapter 84 I bought a mansion, how about you?

Qin Di sent Old John away and thought about the 100 million US dollars in his account. How should he deal with it?

It is not okay to keep lying in the bank. It is not okay to buy stocks, and it will be a big bear market in the next ten years! It is even more impossible to buy gold and silver, because it will take a few years to take it. The United States will give up the gold standard and will not allow gold and silver circulation!

After thinking about it, Qin Di decided to set up another Blue Sky Food "sky food".

The company has two businesses: one is to buy cereals and soybeans and ship them to China in a row; the second is to establish a dairy factory to convert fresh milk into milk powder; the third is to establish a meat product canning factory.

You should know that the Great Depression in the United States after 1929 was not due to insufficient supply of agricultural products, but lack of purchasing power. It had to bury a large amount of food under the plowing plough, and even use wheat and corn as "fuel" to pour countless barrels of milk into the Mississippi River. The US federal government actually purchased 6 million pigs in 1933 and then destroyed them!

During the same period, 7 million people in the United States starved to death, accounting for about 7% of the total population! China was also in a state of severe hunger in the following decade, but its food production was insufficient.

Thinking of these things, Qin Di couldn't help but curse: "This evil capitalism!"

From this point of view, he set up a food company and connected with the Qinjia Grain Store in the Magic City, which was a good thing, which is of great benefit to China and the United States.

Qin Di invested 30 million US dollars in "sky food", and I don't know how much food I can buy!

Before the United States launched the Agricultural Protection Act in 1933 and set up the "regular closing position", the price of corn once fell to zero! Just like the future of oil futures could fall to negative values, it was unimaginable to say it!

It can be seen that food prices during the Great Depression completely collapsed!

To this end, Qin Di hired another professional manager, who was named "ross berg", an Irish, forty years old, and once worked as a broker in Chicago grain futures.

The two parties signed an agreement, and then passed it to KPMG's predecessor "kmg" for audit after being notarized by the lawyer.

After doing this, Qin Di finally got free and took a breath.

He built eight companies in one go, and did not expect all companies to operate very well. Anyway, the registered capital was stolen from the stock market, so as long as these managers should not be outrageously bad. A little greedy will not affect the overall situation.

He believed that his vision would not be too bad, and that all the evil people would choose were chosen.

He also believes that kmg, one of the five major accounting firms, has good professional qualities and will not join forces with company managers to embezzle property.

According to his judgment, after a long period of time, as long as half of these eight companies survived, they could bring him huge wealth.

And he himself really needs this wealth?

He, a cultivator, can live well by sucking wind and drinking dew and waving in the mountains and forests!

On December 18, 1929, Qin Ling and Zhang Naijing and their group took a cruise ship from Florida and the Caribbean coast and returned to New York.

Zhang Naijing only knew that he had sold the stocks, and did not know that he had made a lot of money short-selling. As soon as he met, he gave a thumbs up and kept praising him: "Brother, how do you know that the stock market will fall? I played around and came back to know that you cleared the stocks in September and sold to the highest point! If you were one month later, it would be a terrible thing! It would be a waste of eight years!"

Qin Di smiled slightly: "I will know after counting my fingers. What's the difficulty?"

Zhang Naijing smiled and said, "I used the money you gave to buy a luxury house near the Hudson River in Manhattan, covering an area of ​​two acres and eight thousand feet, and only cost 100,000 US dollars! I'll leave it to my daughter!"

Qin Di smiled: "This is a good investment."

In 1928, when New York's housing prices peaked, they sold for $15 per foot (1 square foot equals 0.1 square meter); and after the stock market crash at the end of 1929, the housing prices fell below $10; then fell all the way, falling to $5 in 1932; even in 1940, it was only restored to $8. However, by 2015, it rose to $1,300 per square foot! So the effect of long-term investment was extremely amazing, the problem is that investors must live for so long!

If Qin Di bought a "Manhattan Real Estate Company" with a capital of $10 million, it would theoretically be able to buy 2 million square feet. How big is a house? The large one is 3,000 feet and the small one is 1,000 feet, and it can buy a thousand houses on average. Of course, there are not many good places in Manhattan. If you buy too many houses at once, the price of the property will inevitably increase, so Qin Di can't guess how much you can buy in the end.

In addition, he has 70 million US dollars lying in the bank! If all of them are invested in real estate, the noise will be too great, and it may alarm the US government and send someone to investigate him specifically, that would be boring.

Zhang Naijing bought a large 8,000-foot house, which is an extraordinary luxury house. Unless it encounters an economic crisis, it is not easy to buy in places like Manhattan.

He asked with a smile: "Brother, you have so much money, have you bought a few luxury houses?"

Qin Di smiled and said, "I'm too lazy to take care of it. If you want to buy it, when will it not work?"

This is not the lowest point. When it reaches the real trough, he can inform his subordinates to buy a few luxury houses to collect.

Then, everyone took the train from New York to San Francisco, and then took a boat back from San Francisco.

When they returned to the Demon City, it was already January 10, 1930, and the Spring Festival was almost here.

After half a year of going there, everyone was very excited when they returned home.

Qin Di told his father that he had established a "sky food" company in the United States with a registered capital of 30 million US dollars!

Qin Hancheng was shocked: "Son of the Prodigal! How good is it to bring home if you have so much money? Establish a company in the United States, and the emperor is far away. If someone occupies you, you don't know!"

Qin Di smiled and said, "It's easy to make money anyway, just like the water flows!"

"Nonsense! That's what you earned after eight years of luck!"

"Dad, don't worry about that much. Think about how to build a granary and store ships of grain."

"How many tons of grain can I buy for $30 million?"

"God knows! The price of grain is the same every day!"

“Where is the granary built?”

"Anqing, Changsha, Wuhan, Chongqing! The more you go inland, the more you need to build a large granary! The key is Sichuan! Store most of the grain."

Qin Hancheng was puzzled: "Why do you need this? Logically speaking, it is best to build a granary in the Magic City and Jinling. It is safe and easy to dispatch. Sichuan is too far away! The manpower and material resources, transportation costs have increased significantly. Isn't this asking for trouble?"

Qin Di said: "It will take a few years to fight! It is difficult to find a safe place in such a huge China."

"You don't have to worry about war. Could someone attack the concession?"

"This is indefinite. The concession may also fall."
Chapter completed!
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