City: Become a principal from junior college!

Ye Chen undoubtedly has high hopes for the students majoring in finance in the college.

Apart from anything else, our own college alone has a steady stream of funds that need to be managed every year.

The money will continue to depreciate if it is kept there.

Only if you can gain profits through financial investment and operations can you resist inflation.

In addition to the college's own funds.

Ye Chen has not yet decided whether to raise funds from outside.

Financial investment does not mean the more money the better.

On the contrary, the more money you have, the harder it is to guarantee a rate of return.

For example, in the stock market, if you only have 100,000 stocks, then selling them all will not affect the stock price.

But if you hold 1 billion shares, you yourself have a huge impact on the market.

If you want to run, countless retail investors will follow you, and you will not be able to make profits as easily as before.

This is why Buffett is called the God of Stocks.

Buffett controls such a huge amount of funds every year and still manages to maintain a high growth rate every year. It is indeed amazing.

……

But whether or not to help retail investors make money will be determined later.

Ye Chen decided to wait and see if he could try to bring in investment funds from social security and medical insurance.

On the one hand, once you are managing these two funds, it is impossible for them to be all the funds.

But it also means having a bigger backing.

If you make too much money and cause others to become jealous, you will have stronger backing.

After all, Tianhai City is just a provincial capital in central China, and its strength is still a bit lacking.

If there is a stronger background, the future development will undoubtedly be more guaranteed.

Secondly, if medical and social security funds can have a higher rate of return on investment.

That would definitely be a good thing for the stable development of the entire society.

After all, only when medical insurance and social security funds are large enough can ordinary people work with peace of mind.

Instead of being distracted at work every day and worrying about what to do if you run out of money one day.

Of course, the business that Xingchen Financial Company will be involved in at that time will not only be financial investment.

Insurance is also included in Ye Chen’s plan.

The domestic insurance industry has an extremely poor reputation.

It may be a bit of an exaggeration to say that there is no compensation for this or that.

But it is absolutely true that these insurance companies are trying every possible way to defraud their customers.

I bought a critical illness insurance and clearly saw that a certain disease was covered, but after it was confirmed, I was unable to get compensation.

Upon closer inspection, it turns out that the regulations also specify the conditions and special types of the disease in detail.

In short, even if the diagnosis is finally confirmed, most of the cases cannot be compensated.

If you make trouble, the worst that can happen is that we will just return the insurance money you paid for it.

There are also various deposits that, after a series of inexplicable scams, turn into buying insurance.

But the yield is pitifully low, sometimes even less than 2%.

What’s even more outrageous is that the insured person has to continue to be insured until he or she reaches the age of 90 before they can start to get their money back.

Moreover, the salesmen also made exaggerated statements when selling insurance under their instructions.

When the time comes to actually claim compensation, the insurance company will not acknowledge it and will ask you to go back to the salesperson who sold you the insurance.

It can be said.

The various bizarre operations in the domestic insurance industry are simply outrageous.

Ye Chen believes that insurance itself is a good thing.

Because in this era of increasingly developed industrialization, no one can guarantee that they will not get sick.

No one can guarantee that there will be no accidents.

If an accident occurs, the medical expenses can easily be tens or even millions, which is unaffordable for ordinary families.

If you have an insurance policy at this time, it will undoubtedly be a life-saving ray of hope.

If you can save a life, you can also save a family.

But the domestic insurance industry really only wants to collect money and not do anything.

This leads to a vicious cycle where ordinary people think insurance is a rip-off and don't want to buy it.

If insurance companies cannot sell insurance, they can only advertise, recruit salesmen, pay high commissions, and spend a lot of money on publicity.

There isn’t enough money left. If we pay more to the customers, we’ll end up losing money.

Then they can only refuse compensation and set traps.

Then ordinary people are even more disgusted.

But the insurance industry itself is a high-profit industry.

Since other companies don't treat people as human beings, they have to resort to crooked means instead of making good money.

Then it is our responsibility to make the money.

As for whether they can gain the trust of ordinary people?
Ye Chen felt that this was simply too simple.

Because the greatest wealth accumulated by our own Star Academy so far is credibility.

Never cheat anyone.

It’s not that Principal Xingchen has never made mistakes, but Xingchen Academy always investigates them immediately, admits them, and then compensates.

Such an academy, such a company.

If you put it into the insurance industry, how could people not trust it?
Of course, insurance is certainly not that simple. You can’t just get a critical illness insurance and set a price.

Any insurance product requires support from a data model.

Data modelers are required to make unified calculations based on a variety of factors such as population, incidence of a certain disease, age of onset, regional incidence, etc.

Finally, design an insurance model that can guarantee profits.

Simply put, it is an insurance for a certain disease, and you will pay out 100,000 yuan if the disease occurs.

Based on big data, the insurance company calculated that the probability of disease is one percent, and the older the age, the higher the chance.

Then the pricing of insurance needs to ensure that the premium paid by one hundred people is greater than one hundred thousand.

Otherwise you will lose money.

At the same time, the older you are, the higher the premium will be.

Otherwise you will lose money.

This is the big model of insurance.

Of course, this is just the simplest one.

Real insurance is far more complicated than this.

Moreover, it is not just insurance that requires big models. Some investment products also require big models as support. Otherwise, how can profitability and profit be guaranteed?
The finance major at Xingchen College has an actuarial science class, and the knowledge that students learn there is specifically responsible for this.

This is also the reason why many students do not participate in investment and find a group to join.

Because what they learn is not investment, but data analysis.

Therefore, Xingchen Academy is fully capable of entering the insurance industry and designing profitable insurance products that do not require fraud, thereby achieving a win-win situation with its customers.

The insurance industry is an absolute cash cow.

The potential is huge.

This is definitely top-notch for Ye Chen, who still has countless outrageous majors that he wants to exchange.

For example, next year, Ye Chen plans to open a computer major.

On the one hand, as Xingchen Academy is expanding, it needs an excellent internal system to facilitate communication and allow the academy's industries to complement each other, making it more competitive.

It is difficult to find ready-made software outside and it is subject to the control of others.

For example, the industrial design software currently used by the Star Academy factory are all from abroad.

If we are sanctioned one day, it will be completely useless.

Therefore, for the future development of Xingchen Academy, it needs to have its own computer talents.

In addition to computer science, Ye Chen also plans to open an agricultural major this year. After all, no matter how prosperous the industry is, agriculture is still the foundation of everything.

If there is not enough food to keep people well fed and clothed, everything is in vain.

Of course, the main research direction of agriculture nowadays is no longer simply increasing production, but cultivating better varieties.

Like better tasting fruit.

Better tasting grains.

More nutritious vegetables.

And behind these, there are also huge interests.

For example, the Sunshine Rose grapes bred in the island country are very popular. When they were first launched on the market, they even cost six or seven hundred yuan per kilogram in China.

The benefits are enormous.

Another example is durian. Due to the requirements of the growing environment, it is difficult to grow in China and has to be imported.

Therefore, the selling price can easily be thirty, fifty, or even hundreds of dollars, and one durian can cost hundreds or thousands of dollars.

Even at its cheapest it costs twenty-one kilograms.

And these twenty-one kilograms are not all durian flesh. On the contrary, most of it is shell.

It’s even more expensive.

If we can develop varieties suitable for domestic cultivation, it will surely allow more people to enjoy the freedom of durian.

Not to mention that if it can be grown domestically, there would be no need to pick durian in advance for transoceanic transportation.

Instead, wait for the durian to ripen naturally before picking it, the taste will undoubtedly be better.

This major also has a complementary effect with the company's culinary major.

For example, whether a dish is delicious or not depends not only on the chef’s cooking skills but also on the quality of the ingredients.

However, many fruit varieties in China today have been compromised for the sake of transportation convenience and no longer have the taste they once had.

Tomatoes don't look like tomatoes, and apples don't look like apples.

These areas all need to be developed.

Ye Chen is even considering whether to open a livestock husbandry major.

If we can breed cows with the same meat yield as pigs in the future, won’t we also have beef freedom in the country?
These industries that are related to people's livelihood have huge profit margins.

……

Ye Chen doesn't want to exchange too many majors.

The prices are also quite high.

So although Ye Chen doesn't cheat people out of money, he still cares a lot about making money.

In this situation, Ye Chen is determined to win both the investment industry and the insurance industry.

Since you can't do it, let me do it.

Let me tell you how to make money while standing.

……

Ye Chen is full of fighting spirit.

Chu Guang, a student majoring in finance at Xingchen, also returned home in a happy mood after class on Friday.

I plan to show off to my dad.

Chu Guang is a native of Tianhai City.

I live in the city center of Honggutan. I can’t be considered a rich second-generation, but I’m quite wealthy. My house is over 200 square meters.

It is said that among the owners of the community, there is a celebrity from Tianhai named Deng.

But Chu Guang had never seen it.

After returning home, Chu Guang planned to brag about his achievements to his father.

By the way, give some advice to my father.

When Chu Guang was in high school, he started using his New Year's money to invest in stocks.

At that time, I admired my dad very much, because although he was not good at talking, he always spoke very well.

So when his father gave instructions, Chu Guang would always listen with an open mind.

Then the New Year’s money was gone.

This time when he returned, Chu Guang decided to let his father know what a real stock god is.

When Chu Guang returned home, his parents had already returned.

It's just that the mother looks very angry.

My father looked embarrassed.

"Mom and dad, what's wrong with you?"

Chu Guang asked curiously.

Seeing that Chu Guang was in a much better mood, the mother still said unhappily, "Your father lost money on this investment again, and lost a full 400,000 yuan. It's ok for him to lose money on stocks every day, but now he dares to play futures. He simply doesn't want to live anymore."

Chu Guang’s eyes widened when he heard this. Lost four hundred thousand?
Although my family is rich, four hundred thousand is not a small amount of money.

It’s almost half a year’s annual salary of my dad.

Upon hearing this, Old Chu lowered his head with an increasingly embarrassed expression.

Chu Guang thought about the recent wailing in the investment market and couldn't help but ask, "Dad, are you also involved in crude oil futures?"

Old Chu became more and more embarrassed to speak.

"Dad, you invested $60,000?"

Four hundred thousand RMB is almost sixty thousand US dollars.

Old Chu shook his head this time: "No, I invested more than 30,000."

Chu Guang frowned: "More than 30,000 how..."

However, Chu Guang reacted halfway through his words.

I guess my father invested $30,000, but the sunk cost was too high, and he was still fantasizing that the price would go up. In the end, the price of crude oil was negative, and he owed another $30,000.

My own dad, this is really a dish.

The most important thing is that he is incompetent and doesn't listen to advice.

It is really hard to bear.

However, Chu Guang still cares about family harmony.

Soon, I told my parents the good news: "Mom and Dad, we made so much money. The bonus I will get at the end of the semester will definitely be more than 400,000."

"When the time comes, I will give the money to my family, and it will be considered as a payment to make up for the shortfall."

Because Chu Guang's family is wealthy and he is an only child, he doesn't care much about money.

As for dividends, there is no exaggeration. Japanese stocks are still rising. We have followed the dealer to grab the cake before, and there is also this operation in the futures market.

The amount of funds held by their group has been increasing.

And the fund operation obviously does not end here.

Students are still constantly collecting information and looking for suitable investment opportunities.

As long as you don’t flip over next time.

As the scale of funds grows, you will only earn more in the future.

So Chu Guang was particularly confident.

Hearing this, Chu Guang's mother showed a relieved smile on her face.

She doesn't really care about money.

What she cared about was her son's performance. After entering Xingchen Academy, her son was really outstanding.

Being a big shot in the stock market and competing with the bankers for shares is much better than her husband who gives money to A-shares every day.

Finally, there is someone in this family who can make me worry less.

Thinking of this, she became more and more annoyed with her husband, and couldn't help but say, "Old Chu, you will also be fooled by stocks in the future, so go out to eat and drink more often, otherwise our family's financial resources will really not be able to hold on..."

Chu Guang nodded in agreement.

My father has made too many contributions to the A-share market. It is time to retire! (End of this chapter)