"Stop kidding," Yang Fei took her hand away and asked, "What's wrong with you?"

Chen Ruoling said: "A holding company of my brother is going to be listed on Nasdaq. I originally wanted to ask you for some questions."

Yang Fei smiled bitterly and said, "Then you found the wrong person, I really don't understand. I don't have a company listed, let alone listed in the United States."

Chen Ruoling said: "At that time, you were in the United States."

Yang Fei asked: "Have your brother's company been listed?"

"It's not that fast, it's still under processing, the procedures are very complicated." Chen Ruoling said, "Nasdaq's requirements are relatively low. If it were the New York Stock Exchange, the conditions would be higher. The New York Stock Exchange requires that the net assets of companies reach more than 40 million US dollars, while the Nasdaq only requires 6 million US dollars. With this item alone, the New York Stock Exchange will keep most companies out."

Yang Fei said: "Those who can be listed on the New York Stock Exchange are all large companies."

Chen Ruoling said: "When we were doing ipo, we also considered the New York Stock Exchange, but after we got to know it a little, we gave up. The New York Stock Exchange required ipo companies to earn more than $100 million before tax and to make profits for three consecutive years. Nasdaq only asked 1 million US dollars. My brother's company is far from meeting the requirements of the New York Stock Exchange."

Yang Fei said: "It's amazing to be listed on Nasdaq."

Chen Ruoling said: "In the future, your beauty group will definitely be listed on the New York Stock Exchange."

Yang Fei laughed and said, "I want to lend you a good word. Actually, I look forward to the Aido Mobile Company we cooperate with, which can be listed here."

Chen Ruoling said: "Facts have proved that it is the right choice for us to cooperate with you. Under your management and management, mobile phone licenses can exert strong money-making ability."

Yang Fei said: "For most Chinese people, mobile phones are still a luxury, and the real era of mobile phones has not yet arrived! Our future is bright."

The two of them haven't seen each other for a long time and have endless things to say.

Yang Fei told Chen Ruoling that he owned a property in New York. Chen Ruoling said in surprise: "Although buying a house in New York is cheap, the cost of paying a high year, and you have to pay property taxes and other fees every year. Don't you live here all year round, so how much is it not cost-effective to buy a house?"

Yang Fei said: "The biggest difference between my country and the United States is that domestic real estate belongs to public ownership. After buying a house, we only have 70 years of use rights, while in the United States, private ownership is implemented and permanent property rights. Once purchased, the house, the sky above the house, and the land below the house, will all belong to us forever."

Chen Ruoling said: "What you are talking about is a villa, right? The apartments are not listed here."

Yang Fei said: "Yes, if you want to invest, a villa is the best choice. For apartments, I only bought a few apartments in the center of Wall Street, New York. I can live in for myself, and I can rent them for my own investment, and the return on investment is also very gratifying."

"I found that you have to be economical in everything."

"If you don't manage your finances, you don't care about you. You can make money and you have to spend money. Many people earn the same money when they were young, but in the end some people became paupers and had to rely on their children to support them, while others lie at home to collect money and live a generous life in the elderly."

"Interesting." Chen Ruoling said, "It seems that I have to learn how to manage finances from you. I have grown up so old, but I have only learned how to spend money, but I haven't learned how to make money or save money. I often hear people say that the biggest gap between poor and rich people is not in money, but in thinking. The reason why poor people are poor is because they don't want money to give birth to children. If their children make money, they will only hold on to the money in their hands, and become a complete slave to keep their money."

Yang Fei said: "Wrong, it's not that the poor don't want money to have children, but they don't know how to have children."

Chen Ruoling said with interest: "Yang Fei, if you write a book on financial management, it will probably be a best seller. You are a successful entrepreneur, and the financial management book you write will be more valuable for reference."

Yang Fei had a flash of inspiration in his mind and said with a smile: "A book about financial management? This is a good idea. To be honest, since I started my business, I have been thinking about two words."

Chen Ruoling asked, "What two words?"

“Poor and rich.”

"Oh? What did you think?"

"Most of us are born poor. Some say that wealth is only three generations, while others say that thirty years from Hedong to Hexi. Especially in China, education rarely comes into contact with financial management. Schools do not teach, and parents at home rarely teach. Unless the parents belong to the 1% of the people with a high income, our ordinary families do not know how to teach their children's financial knowledge."

"I deeply agree. Even in my family, our financial management methods come from our own exploration. My parents never teach us how to manage our finances. I can't teach other ordinary families even more."

Yang Fei said: "My opinion is that the poor and the rich have completely different views on money and wealth. The poor work for money, and the rich let money work for themselves."

Chen Ruoling was just a joke, but she unexpectedly initiated a fierce collision of thoughts between poverty and wealth.

"Ruoling, in your opinion, what is an individual's asset?"

"Assets? Well, houses, cars, factories, these are all assets."

"I have different opinions. I think that assets are things that give money to your pocket. What is debt? Liabilities are things that take money out of your pocket. The same houses and cars, some people buy them and become richer, and some people buy them but bear their debts for a lifetime."

Chen Ruoling said: "According to what you say, our assets are only money?"

Yang Fei said: "No, money is not our real asset. Money is there and cannot bring us benefits. Only by using our brains and using money reasonably and legally to make money can we generate benefits. So, strictly speaking, our only asset is our mind, that is, our way of thinking."

Chen Ruoling supported her chin with her hand and looked at Yang Fei: "It's interesting. There seems to be a flash of lightning in my mind. Have I captured the most powerful notes in the universe?"

Yang Fei smiled and said, "Don't joke with me. I'll ask you another question. If you stop working, how long can you survive?"

Chen Ruoling smiled prettyly: "I can live until you doubt your life!"

Yang Fei laughed and said, "I shouldn't ask you this question, because your family is in such a good condition. Indeed, if you don't work, you can live well and live a long time. But what about ordinary people? Especially the pillars of the family, once they stop working, how long can the family live?"

Chen Ruoling said: "For ordinary families, stopping work means having no income. How long they can live depends on how much they have."

Yang Fei said: "Wealth is the ability to support a person's ability to survive for how long. If a person does not have to work but can live for a long time, until he dies, and his assets can continue to generate money and benefits for him, then his financial management will be successful."

Chen Ruoling's face became serious: "What you said is really possible?"
Chapter completed!