Rebirth of Fortune Soars - Chapter 2261.1

“The wealth of rebirth is soaring (!

You’ve grown up.

Cross Picard is gone.

After arriving and leaving, Cross Picard left within three hours.

“Father!” Daniel Picard looked at the team where Cross Picard had left, and finally muttered.

He knew that his father, Cross Picard, should have seen the reality of his side, and perhaps already knew it, all of which were self-directed and self-acted dramas. But it didn’t expose him.

What is the reason?

I am afraid that after all, everyone is a father and son, and blood is thicker than water.

Thinking of this, Daniel Picard smiled relievedly.

After all, it’s his own father, so he can’t really care about himself.

So, now is the time to make a big splash.

The entire base is completely up to it.

Moreover, Qin Feng’s statement when he left also showed that Qin Feng would not interfere here. Qin Feng only needs his own benefit. Everything else is his.

Daniel Picard intends to develop this base into a base wholly owned by him.

The interests of the gold mine belong to Lin Feng, but the base belongs to him. Of course, the family will be his strong backing and best partner.

Yes, this is the relationship!

At this moment, Cross Picard, who was far away from the convoy, closed his eyes and concentrated.

This time, the moth made by Daniel Picard is a bit big. For personal selfishness, the mercenary regiment carefully cultivated by the family was destroyed.

This loss can be huge.

Fortunately, he found a scapegoat. In this regard, it can be regarded as an explanation to the family.

After all, it was the three major warlords who suddenly broke the rules, and Daniel Picard kept the base, which is not bad.

As for his ambition, this makes Cross Picard very pleased.

In the past, Daniel Picard was just a dude, and there was nothing he could look at. So he gave him a trust fund worth 10 million U.S. dollars.

The principal cannot be moved with this money.

Daniel Picard can only use 85% of his annual investment dividends. The remaining 15% will be used as an investment and invested in the fund again to realize money making money.

As for why this is done, the reason is also very simple.

Prices in the world will rise. Every year, prices are rising, and according to the Picard family’s calculations, the average annual price increase is about 6%-7%.

The reason why 15% of the income is left to invest in money to make money is because big families are used to double insurance, so they set aside 15% for money to make money.

In this way, the 10 million US dollars, calculated by the family’s return on investment, can achieve a return rate of about 8% in about a year. So, a year is 800,000 US dollars in earnings.

Of this amount, $680,000 is for Daniel Picard to spend. Another 120,000 US dollars will continue to be invested in the trust fund and used to make money.

So, this $120,000 next year will generate $9,600 in revenue.

That way, Daniel can spend another $8,160. And there will be $1,440 invested in the next year.

That way, the first year is 10 million U.S. dollars, and the second year there is 10.12 million U.S. dollars in the trust fund. In the third year, there will be $1024.144 left. This way, day after day, year after year, this trust fund will grow more and more.

In the end, it was enough for Daniel Picard to become the main source of financial income for his own extended family after a few years, that is, twenty or thirty years later, after marrying and having children, forming his own big family.

Many big families in the West gather wealth in this way, and use it to make money.

This is far better than giving future generations a sum of cash.

This suddenly gives people a large sum of cash, which is a great temptation for anyone.

And people, as long as they have money, they usually start to squander.

This is a very normal situation.

It can even be said that this is a matter of course.

In this case, the money you give will soon be squandered.

Not only will the family business be ruined soon, but it may also cause his heirs to get many bad habits.

These vices will eventually ruin him.

Instead, you have to keep the trust fund.

So, no matter how ruined the descendants, he can only lose the annual profit of the trust fund.

Its principal has always been there, and because there is a certain income to continue to make money, the principal amount will become larger and larger.

In the end, this amount of money will reach an astonishing number.

And once the future comes to mind, then there are still qualifications for a comeback.

Of course, it does not rule out some extreme situations where future generations squandered wildly and owed a large amount of gambling debts, resulting in the trust fund’s money being used to repay the debt every year.

But generally speaking, most large families will make a fund allocation on the trust fund. A professional trust fund management committee will be hired to manage the trust funds of a series of family heirs.

Usually, it is also agreed that if the heir is insolvent, the trust fund will only be used for the heir’s own living expenses and will not have the function of repaying the debt.

This is also to prevent the heir from wanton behavior, being cheated, owing a gambling debt, and so on.

In that way, the heir is empty and guarding the trust fund, but he is hungry and cold. This is definitely not what the big family wants to see.

After setting such a clause, then the creditor cannot forcefully take away the annual profit dividend of the trust fund.

It’s useless even if you go to the court to sue.

Because the debtor is insolvent. Bankruptcy at most will do.

The money in the trust fund, although nominally, is enjoyed by the debtor. But its owner is not a debtor.

In this case, it is naturally impossible for the creditor to take away the trust fund enjoyed by the debtor.

This is the reason why the family can continue to survive for hundreds of years under the western modern system, and even become more and more prosperous.

This is far better than the complete inheritance system of large domestic families.

Originally, Cross Picard thought that Daniel Picard would have been eating and drinking like this for a lifetime. Perhaps people in the future will be middle-aged, and they may be awakened.

But at that time, he may not be there anymore. He didn’t bother to worry about the future. Anyway, there is a trust fund.

Never thought ~www.mtlnovel.com~ Daniel Picard seemed to have suddenly opened up.

This makes Cross Picard feel relieved, but also secretly worried.

Fortunately, Daniel Picard has finally become a talent and is no longer the laughing stock of the family. What worries him is whether he will have the idea of ​​competing with his brother for the property.

If so, it will inevitably lead to Xiao Qiang.

The palms of the palms and the backs of the hands are all meat, which is undoubtedly difficult for Cross Picard to make a choice.

This is also the thing that big families fear most. Two good heirs are often not necessarily a good thing.

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