The richest man starts with a blind box

Chapter 940 Dynamic Internet Financial Management Tools

"You plan to develop a dynamic online financial management tool!" Seeing the plan proposed by Little Swift, Hao Jianguo said in surprise.Hao Jianguo didn't know about this plan before, but only after Little Swift brought it out, did Hao Jianguo know that this black man had already concocted such a terrifying way of playing.

To put it simply, Little Swift wants to create a US version of Yu'e Bao ten years in advance.

According to the plan proposed by Swift Jr., starting from the fourth phase of the fund next month, the Western Mustang Fund will completely abandon all offline sales channels, and all funds will be sold online.

This is not a big problem. After all, as early as the third period, the Western Mustang Fund has launched an online wallet software, allowing users to draw lots on the Internet to obtain the purchase right of the Western Mustang Fund.

This time, it is only necessary to further modify the functions of the software.

But little Swift has even bigger ambitions. First, he wants to change the name of this online wallet software to a more majestic name of West Mustang Finance, and then design and optimize the software in an all-round way, and put all the fund purchases on this software.

After that, the most critical thing is that Little Swift will completely overturn the entire operation mode of the first three funds.

The first three phases of funds are all based on the traditional fund model. Users spend money to buy funds, and then the fund operates for a year. Finally, the income and profits are calculated after maturity, and then withdrawn by users, and the fund takes part of the commission , forming a complete closed loop.

But this time, little Swift is going to turn everything upside down.

The first is the income calculation mode. Before, the income was calculated once a year, but this time, Little Swift will change to calculate the income every day.

According to Xiaoxin Ford's plan, after 12 o'clock every night, the computer program will automatically calculate all the current fund figures of the fund, and then compare the initial funds invested by users to give the yield figures and the funds after settlement.

To put it simply, a certain user invested 1 US dollars into Western Mustang Finance on the first day, and Western Mustang Finance raised a total of 1 billion US dollars in funds. After one day of operation, he bought oil, and the price of oil rose by 100 %, $2 billion became $100 billion.

那么第2期间所有用户就能够在软件上看到今天的收益率是2%，同时自己的资金也从1万美元变成了10，200美元。

These numbers are calculated once every morning, and then published on the software in real time for users to view.

If it’s just this function, that’s all. Adding such a function is not complicated, and you won’t encounter any troubles, but the problem is that Swift then proposed to give customers the experience of trading anytime, anywhere.

So he also asked to change the previous trading rules that were settled once a year, and change it to be able to trade every day.

That is to say, as long as the user installs the software of West Mustang Finance, if he sees that yesterday's fund income is very high, he wants to accept it as soon as it is good, or sees that yesterday's fund income has lost money, and wants to stop the loss in time.

Or just want to jump back and forth meaninglessly, that's no problem, users can save their own funds anytime, anywhere.

Of course, considering the real-time changes in fund returns, even if a transaction application is issued today, the transaction must be settled after the settlement period after the end of the day.

For example, a user sees that the rate of return is 12% at 1.2 o'clock in the morning of the same day. He decides to sell the fund in his hand and clicks the sell button.However, the settlement will not be carried out at the 1.2% rate of return immediately, but will be settled at the rate of return finally given at 12 o'clock in the morning after the day is over.

After all, the 1.2% rate of return is actually the result of yesterday's settlement. If there is a stock market crash on the second day, although the rate of return of the day has not been settled yet, the huge loss can be imagined, and the result will still be based on yesterday's profit. It would be too cheating to calculate the rate of return, so it can only be settled according to the rate of return of the day.

Of course, since selling is allowed, buying is also allowed.

The amount of funds sold by users will be refreshed in real time. Users who have not bought funds before or want to cover their positions can take this opportunity to purchase more fund amounts.

However, the purchase price is based on yesterday's settlement price. After all, buying and selling are different, and the user's money must be received as soon as possible.

If you think this is still complicated, then simply put, Boss Huang brought Yu’e Bao to the United States 10 years in advance, and all users can freely buy and buy Western Mustangs anytime, anywhere through the software of Western Mustang Finance. Financial fund products.

Although from the present point of view, Yu'e Bao is not a new thing, and funds like this have already appeared in China, but in 2005, this was definitely the freshest financial product full of risks.

Some people may be wondering, didn't Boss Huang take over from Old Ma when he was running the Jiangnan Mall back then to make that money-making treasure?This is nothing new!

There is nothing wrong with this, but Money Making Treasure is full of financial risks visible to the naked eye. After discussions between Boss Huang and relevant departments, he decided to reduce the interest rate of Money Making Treasure to the income level of low-risk financial products. What kind of subprime loans are used to borrow money, packaged and sold repeatedly, and finally 1 million becomes a 100 billion terrorist financial bomb.

It is simply a derivative financial instrument used to purchase treasury bonds or other safe financial products, which ensures the stability of Money Maker to the greatest extent, and will not lose all funds in the blink of an eye.

For example, this is equivalent to turning a nuclear bomb that can explode instantly into a nuclear power plant that can continuously generate electricity.

However, Boss Huang's Western Mustang Finance in the United States is different. Although the model seems to be the same, Western Mustang Financial operates the futures market and plays the stock market. The risks and fluctuations are very different. up.

Just like a certain crude oil product in the future will instantly turn users into negative numbers, it is normal for buyers to lose half or even more than half of their property in an instant. This is a product full of risks.

Moreover, there are no restrictions on purchase and withdrawal, and there are no restrictions on risk control.Because once users are allowed to withdraw or purchase products at will, it is very easy to have a centralized run.

In order to cope with the run of users, the fund must sell a large number of securities it holds, and then record that it will further lead to the collapse of the entire market, etc. All in all, this is a very risky product.

"No wonder your product is difficult to pass the approval, the risk of you is too great! You expect those financial review committees to pass such a plan, it is really a good idea!" After reading the whole plan, Hao Jianguo's expression became pale. Said a little badly.

"I admit that this plan does have high risks, but we still have measures to maintain stability!" said Swift Jr. "The fund always maintains a reserve of about 10%, which is specially used to Refunds are paid to buyers. When users sell their funds, they take money directly from the reserves and do not directly sell financial products on the market.”

"According to our estimates, the total number of users who sell their own products every day should not exceed 0.1% of the total. So with this 10% reserve, our products are absolutely safe and risk controllable!"

"Is this really risk-free?" Hao Jianguo asked back, "What if there is a financial crisis? Can your 10% reserve be able to stop it?"

"It doesn't matter about the general financial crisis!" Little Swift said indifferently.

"What if it is an unusual financial crisis? What if it is a world-class financial crisis? For example, the Great Depression in the 30s, the financial crisis in the 70s, or the Internet bubble just 5 years ago? If these A level financial crisis has emerged, can it be stopped?" Hao Jianguo asked rhetorically.

"It can't be stopped!" Little Swift shook his head very simply, "But if there is a crisis of this level, it doesn't matter whether we run or not. The entire market will collapse, and our collapse will not be so serious. It's conspicuous, at this time everyone is going to die together, who cares about us!"

"..." Hao Jianguo opened his mouth. He had to admit that what Little Swift said made sense.

"And!" Little Swift licked his lips, and then said, "If we make this product successful, even if there is a world-class financial crisis, it has nothing to do with us, we just need to make money! !"

"How do you say that?" Hao Jianguo asked curiously, his eyes lit up.

"First of all, let customers withdraw or deposit in real time, which is to transfer the risk control to the users. The losses they suffer are caused by themselves and have nothing to do with us, so we don't need to entrust the fund's losses. end!"

"Secondly, our charging model has changed. Before, we paid commissions from the income, but now we charge fund management and operating fees on a daily basis, which is 0.01% of the basic fund management fee per day."

"No matter whether we earn or lose today, we can still charge the basic fund management fee of 0.01% per day."

"If it can reach the level of 1000 billion, then this is a net income of 36.5 million US dollars per day, and a net income of [-] billion US dollars in a year. This is a business that is sure to make money!" Little Swift laughed.

"Then that's not much. Which of our previous funds didn't earn him billions or tens of billions of dollars?" Hao Jianguo muttered.

"That's luck. Who can guarantee that they can make money every year?" Little Swift rolled his eyes and said, "But if we use this model, then no matter whether we lose or make money in a year, billions of dollars will be lost." Profits are guaranteed, isn’t this more reassuring than tens of billions of funds that come by chance?”

"Moreover, the most important way to make money from this product is not even the daily fund management fees!" Little Swift finally said with narrowed eyes.

(End of this chapter)