typeface
large
in
Small
Turn off the lights
Previous bookshelf directory Bookmark Next

Chapter 326: Family Fund Monthly Pass]

"There must be something wrong."

Ellie rarely shows coyness, burying her head, playing with her fingers, pouting her lips and puffing out her cheeks...

"That, that..."

"Oh, what are you talking about? It's so annoying."

"Then, um... when are we going to catch hairy crabs?" she said coquettishly in front, but the second half of the sentence was smooth. After finishing speaking, Ellie pouted. She shouldn't be talking about hairy crabs, but she was embarrassed to speak...



Chen Mo drove the car and didn't notice Ellie's expression: "Tomorrow. Nothing will happen tomorrow..."

"Yeah." Ellie scratched her head, but it was still hanging down.

Money, money...

For gold futures, Ellie transferred all the money in her bank account to the silent futures account.

The cashing out of futures was all done by Chen Mo, and the money after that...

There have been a lot of things to deal with recently. Chen Mo was so busy that he was dizzy. Ellie also invested money in gold futures, which made Chen Mo forget everything.

It was also when Ellie went out shopping today to pay a bill that she realized that there was no money in her account, and she remembered that she was unhappy...it was all paid by Chen Xiao and Zhang Xia.

When we got home, Moxie and the ranch's lawyer were also there, and the title deeds for the 23,000 acres of land in Calabash Valley were divided.

Chen Mo also established a family fund during this time, and 20,000 acres of land were transferred to the name of the family fund. The 20,000 acres of land are in valleys and hills. The land is dry and can only be used for grazing or raising livestock. Chen Mo has no use for it.

arrive……

Another 3,000 acres were planned to be transferred to the names of Chen Chen and Chen Xiao, who happened to have money in their hands. With money in their hands, people were in a state of panic. Thinking about it, Chen Mo was afraid that they would not be able to withstand the temptation of the gold market.

3,000 acres of land were given to them to open up pasture and run it.

"Boss, the land has been divided. 20,000 acres of land have been transferred to the name of C Fund. Take a look. If there are no problems, you can write your name on it." Moxi handed the fund information to Chen Mo.

Chen Mo looked at it carefully, wrote his name on it, and then handed it to Ai Li: "Write one too."

"What?" Ellie asked.

"Family Foundation."

The main thing managed by the family fund is funds. The 20,000 acres of land are only considered as investment properties under the name of the fund. Later, funds will be injected into the family fund to manage the 20,000 acres of land.

Ai Li looked at it and saw that it was a family jointly owned account fund. The names on it were Chen Mo, Chen Zhonghui, Xiong Shubin, Chen Chen, Chen Xiao and Zhang Xia. Ai Li's name was also on it.

Chen Mo had previously proposed adding Zhang Xia's parents, but Zhang Xia's parents said it was not necessary. The main purpose of the family fund is to ensure that future generations of the family continue to enjoy the wealth created by their generation and pass on the entire family...

Zhang Xia's parents are different from Zhou Ziyu's mother. They have no ambitions or desires, and they are both older. Their greatest gratification is that their daughter can live well.

It is clearly marked on it that the money in the family fund is used for investment. Active withdrawals must be approved by more than half of the family members, and can only be withdrawn twice a year, and each time must not exceed 10% of the cash in the account. And this fund

In the form of third-party escrow, it is entrusted to Wells Fargo Bank...that is, a bank custody account.

Then every year on October 1, the family foundation distributes dividends to family members, and one percent of the money in the account is distributed equally to family members. And when Chen Yuan grows up and reaches 25 years old, he will automatically become a member of the foundation. In the future, Chen Yuan will

The same is true for Xiao's descendants and Chen Mo's descendants... The reason why the age is set at 25 is because 25 is a relatively mature age.

"Hehe..." Ai Li looked at Chen Mo, then at Chen's father, Chen's mother, then at Chen Xiao, Chen Chen and Zhang Xia.

"Quick, write your name." Mother Chen smiled and touched Ellie's hair.

"Yes." Ellie nodded heavily, picked up the pen, and quickly wrote the name.

Next, Father Chen and the others wrote their names on it one after another. Chen Mo then called the bank and transferred 40 million US dollars to the family fund's account. The family fund was officially established...

Chen Xiao thought for a while: "Brother, let me also transfer some money to the account. How about 5 million?"

"No need. These 40 million are enough to manage 20,000 acres of land. Dad, you will be the chairman of the family foundation from now on, and this account will be managed by you. We have to vote on how much salary you want.

vote……"

"How about 10,000 US dollars, monthly salary?" Father Chen chuckled and scratched his head.

"What do you need so much money for?" Chen's mother said dissatisfied.

"My father-in-law will definitely come to work at the foundation. We both have a monthly salary of 10,000 yuan. The money is too little to spend. If you think about the cars in Chen Mo's garage, they all burn a lot of oil..." The sports car in Chen Mo's garage is not

It’s a limited edition, and Father Chen and Uncle Zhang also drive it out for a walk occasionally.

"Okay, okay. It's just ten thousand. Uncle Zhang, you and my dad will manage this fund together. At this stage, it's mainly about developing the ranch. If you don't understand anything, you can ask Moxi and he will help you build the ranch."

Up until normal operations.”

"Okay. Okay." Dad Zhang smiled and nodded.

Collect the information and hand it to Moxi. These materials will also be sent to the bank. This is a jointly managed account, and it is an account from which you cannot withdraw all the money at once...

The family fund matter was finally settled. Chen Mo clapped his hands and went to open the refrigerator to take a look: "Why are there no vegetables again?"

"That damn girl Chen Xiao took the vegetables to feed the alpacas this morning."

Ellie stuck out her tongue next to her. She went there with Chen Xiao in the morning: "Haha... let's go to the fields to pick vegetables and bring back some stream snails by the way."

Father Chen and Uncle Zhang's legs trembled: "No, no, you go upstairs to play games, and Lao Zhang and I will go to the fields."

"Let's go, let's go..." Mother Chen also said.

Ellie stirred up the water snails... Ordinary people really can't stand it.

Chen Xiao also grinned: "Let's go upstairs and eat chicken."

Maybe Zhang Xia still likes to eat clear water snails, and she has to feed her children, so she can only feel the spicy taste when eating clear water snails...

"Brother, the application for the irrigation waterway has been approved. The construction fee is 90 million US dollars, and the guaranteed water consumption is 85 million cubic meters per year." Chen Chen said: "The contract has been signed and given to Moxi. He will negotiate the subsequent work."

“How much is 85 million cubic meters?”

"About... 12 million U.S. dollars." Chen Chen grinned.

The irrigation water fee is too expensive. No wonder there is so much flat land in the Hulu Valley and the Big Hulu Valley, but it has never been developed.

"Not bad." Chen Mo rubbed the stubble on his chin. As long as the animal husbandry industry in St. Beni can be developed, no matter how high the water fee is, there will be no problem.

The wool comes from the sheep, this is not an empty saying.

To do large-scale breeding in St. Beni, the only way is to use livestock. Purchasing forage or grain from other places is actually more expensive than purchasing on-site feed from River Valley Animal Husbandry, and the effect is not as good as that of River Valley Animal Husbandry.

of feed.

With the current forage prices, there is a lot of room for price increases.

The current price of pasture is US$25 per ton, just to encourage local farmers and develop the livestock industry as soon as possible.


This chapter has been completed!
Previous Bookshelf directory Bookmark Next