"Where are you guys?" Feng Yiping asked.

Heidi said, "Okay, we all want Mantingfang's Chinese food,"

Ma Ling immediately said, "I'll call now,"

She obviously thought of the possibility of a car crash, so she naturally called Huang Jingping.

John glanced at his daughter who interrupted the conversation with some dissatisfaction and pulled Feng Yiping to the side, "Feng, are you saying that because of some reason?"

Feng Yiping was a little helpless, John was really too sensitive.

"I just think that the recent housing market is a bit sluggish, and I'm afraid this will be the case for the next period of time. Why not just sell the company? You and Heidi will have time to travel around the world,"

"The recent housing market has indeed entered a low period, with housing prices stagnating and no longer rising momentum before,"

“According to what we learned, some people have abandoned some of the properties under their names because of this.”

"But I think this is a normal phenomenon, it's just a transition. Generally speaking, everyone's enthusiasm for investing in real estate is still high,"

“We were in a high-end apartment in Miami last year and the sales were pretty hot,”

This is what everyone has always believed in the United States from ordinary residents to sales agencies, real estate developers, and Wall Street. Real estate is still a very worthy project to invest in.

For the ordinary middle class, it is a project that may generate the income of his annual salary, and for those high-bourgeoisie, it is another good safe-haven investment.

"John, I'll ask you, what is your company's debt-to-asset ratio?"

For a company, this data is a very core data, but John said it immediately without hesitation, "At about 70%,"

This is a number that is not surprising.

Real estate developers are generally at this level.

In other words, generally speaking, this is still a relatively healthy proportion, provided that the sales situation is ideal and the market capital market is generally loose.

“But our personal financial situation is very good, or never so good,” John added, “the stocks we hold in Google and Apple are currently rising significantly, or have extremely high returns.”

It's really very high.

Google's current stock price has exceeded $600, which means that without considering the deed tax, his original investment has now increased by 5 times.

As for Apple's stock, when they first bought it, it had just exceeded $20. In 2005, Apple regained its glory in 1995, and its turnover returned to more than $10 billion. That is, at that time, Apple's stock price had exceeded $90.

Later, although Apple's stock price took a roller coaster several times due to Jobs' health and some inappropriate stock option rewards, it now seems that its stock price is completely possible to break the $100 mark in the near future.

With the official delivery of iPhones in the second half of the year and the ensuing rush to buy, Apple's stock price will definitely have room for growth.

This means that as of this year, the Apple stock they purchased has a very high chance of being returned.

This is naturally attributed to Feng Yiping.

These two investments were exactly what Feng Yiping reminded him through Ma Ling.

For him, it is also a matter of providing some high-return investment opportunities for Ma Ling's family within his ability.

"There are probably more than a few properties that have not been sold at present," he continued.

"We are doing more steadily now. Last year, there was only one project in Miami. It has not been sold yet, and it is about one-third of the ones," he said.

"However, according to the current momentum, at most, it can be digested by the end of this quarter," John was still quite optimistic about this.

Feng Yiping also felt that from the general trend, this seems to be no big problem.

"What's next this year, are there any new plans?"

"It's still in Miami, we are preparing for another high-end real estate project, but, given the current market situation, I honestly feel a little bit unsure,"

As a real estate developer, John is actually quite contradictory. He already knows that many people's real estate has been confiscated by banks, but on the other hand, because of the loose financial market, housing prices are still running at high levels, and many people still choose to invest in real estate.

He knew that even many real estate agents generally hold more than 3 properties in their hands and are simply used to invest in.

"My opinion is that new home sales have reached their highest point in 2005. Now, we should be in a period of continuous decline in real estate market capacity,"

"Although we are not sure how long it will take to get out of this trough period, I think that in the future, the real estate market, especially new home sales, will continue to be sluggish, that's certain,"

"So, my suggestion is not to start any new projects this year. After the project that was originally operating is over, hold the money and wait and see, or it is a good choice," he said.

If John was willing to continue to develop in his old business, then he would have many opportunities with a large amount of cash in hand.

Or, John can choose to sell some of the shares he holds and buy back his own company's shares from other shareholders.

Of course, while the situation is still good and the real estate market is still hot, selling your shares at a high price is the best choice.

"I believe your judgment, but for our industry, the cost of holding a currency and waiting is too high,"

"In addition, holding money and waiting and watching means we will lose a lot of opportunities for development. You also invest in real estate. You know, good plots are always very popular,"

It seems that like everyone else, although John also feels that the current real estate market is somewhat sluggish compared to its peak, no matter what, there will be no major problems.

"John, you can calculate that in the past few years, have you obtained a high return from running a company or other investments received a high return?" Feng Yiping asked him a question.

"Of course, other investments have received high returns," John said without hesitation.

Not all investments can get 5 times or more returns in just a few years.

Moreover, the income from investing in stocks is very refreshing. Unlike operating a real estate project, it takes several years, so it will incur a large amount of hidden costs.

“I would like to say that although there may be some recurrence, the stocks you hold now, including Amazon, will always be rising in the future.”

“The rewards you get from this, I think, will exceed the rewards you get from running a company,”

"So, if you only consider it from a financial perspective, it is obviously more cost-effective to concentrate assets and invest,"

The reason why he said that he was simply considering it from a financial perspective is mainly because the identity of the person in charge of a company is also more important in many occasions.

In many social occasions, if you don’t have any titles on your business card, it is obviously quite embarrassing.

"Besides, you and Heidi are not young anymore. I think you have been working hard for decades and it is time to let go of your work and enjoy it, right?"

"I think that's what Maling and Anne think, too,"

From Marling's side, he treated John and Heidi as his father.

Ma Ling had heard Feng Yiping say for a while, and would immediately say, "Yes, John, I hope you and Heidi can stop working so hard anymore,"

Anne said, "I don't care, I have a trust anyway,"

Heidi couldn't help but hit her.

"Feng, you're right, I can understand your thoughts, but Feng, can you tell me that there are other reasons behind this?"

From the very beginning, he felt that Feng Yiping talked to him about this issue was not as simple as hoping that he and Heidi would retire and enjoy life.

"There are not many other reasons. I just think that the real estate market has reached a turning point. Of course, maybe I am too pessimistic, but under the current circumstances, selling your company is a good choice in all aspects."

"Besides, I will take this step sooner or later, right? It's just a few years ahead of time,"

"Yes, I'm not interested in building a house at all," Anne said immediately.

John thought for a while, “I’m in Washington and I’ve invested in two properties,”

"Is it financing from a bank?" Feng Yiping asked.

“Yes, financing from a bank, of course, just sell some stocks and we can easily own them,”

Feng Yiping knew the core of John's question, "I think there is no need to sell the stock you are holding now for the sake of Washington's property,"

"The stocks you hold, including Netflix, will continue to bring you high returns in the future."

“As for those two properties in Washington, I think it would be a good idea to choose to sell them now if there were no other reasons.”

"Sold now?" John looked at Feng Yiping steadily.

"Although it may cause some losses when sold now, overall, I think it should be a good choice for selling now,"

He knew that the crisis really broke out and that the real estate market in the United States should collapse next year, but obviously, when the loan you want to pay back is higher than the valuation of the property, you will not have the chance to take action.

He could not have allowed John to take action at the last moment with great precision, which would be too suspicious.

If you can judge the general trend, you are a genius. If you can determine the specific time when the general trend changes, you are a monster.

"I think I understand," John patted Feng Yiping on the shoulder.

When he returned to his room to change his clothes, Heidi asked in confusion, "When did we invest in two properties in Washington?"

John smiled, "Do you think I can do this without hiding it?"

"I think we'll sell the company after the holiday,"

Heidi was happy, "Have you made up your mind?"

This real estate company can be said to be John's greatest achievement, and it has entrusted many of John's feelings.

"We have also come to enjoy life with confidence, right?" John said. "Besides, since we can get more rewards more easily, why do we still have to work so hard?"

Sure enough, for a businessman, the emotions are all clouds in the sky in front of the reward.

"Besides, selling the company when the anti-war is going well is also a perfect ending for our career, isn't it?"

So it has to be said that a successful businessman still has some pursuits.

"I have thought about where to go for my first stop after retirement," John said excitedly. "I have been longing for hunting in Africa,"

…………
To be continued...