My Age of Investment

  Chapter 144 The Rancher (first order plus 33)

Nicky, the eldest sister of the   Sisterhood, is going to hold a grand birthday party at the sea view villa home in Tiburon Town on the weekend, sending an invitation letter to Xia Jingxing, Christina and Little Dog.

  Xia Jingxing took the exquisite invitation letter in her hand and looked at it for a while, feeling that these little princesses had a really exquisite life.

  His birthday is always simple, eat a meal with friends, sing a song and it's done.

  Most people in China have birthdays like him, simple.

  Wearing a dress for a birthday party, and still in a villa with a sea view, he was born directly in Rome.

   Put down the invitation letter, looked at the foreign girl and the little dog sitting across from him, and asked: "Are you going to this party?"

   "It doesn't take much time anyway, just one night, let's go!"

  Although she and Nicky are plastic sisters, Kristina still doesn’t want to offend each other for no reason.

  She doesn't take part in the activities of the sorority very much now, and the cheerleader has also withdrawn, and she will drop out of school in a while.

  But Nicky is not an average student. She has a senator father. She has a good background and can maintain a certain friendly relationship. Naturally, it is better than friendship.

   "There should be many beauties, right?"

  The little dog tilted his head and asked the foreign girl with a smile.

  Kristina chuckled and spread her hands, "Don’t ask me, because I don’t know either."

  "You have been at Stanford for more than two years, and haven't attended Nicky's birthday party?"

  The little dog didn't believe it. He felt that Nicky and Christina had a very good relationship, as good as their sisters, how could they have not attended each other's birthday party.

  Kristina seemed to have guessed the little dog’s thoughts and laughed directly, "Do you really think I have a good relationship with her?"

   "Isn't it? I think she often gives you gifts and comes to the company to find you."

  The little dog shrugged. This is what he witnessed. Can there be fakes?

Christina was too lazy to explain too much to the silly little dog, and said straightforwardly: "When she used to celebrate her birthday, she only invited the sisters to a few girls with the best family backgrounds. The parents of those girls are entrepreneurs, High-ranking official……

  And my parents are just ordinary ranchers.

  I said that when she celebrated her birthday last year, the three of us had already established Facebook, but our reputation was still very small and we did not receive an angel round of financing.

  Nicky didn’t invite us to her birthday party? "

   "Then how did you invite us this year?"

  Dog asked and replied, “Is it because Facebook was valued at 100 million U.S. dollars by venture capital?”

  The foreign girl raised her eyelids and said nothing. Isn’t it obvious? Still need to ask?

   "Hey, you just said, do you have a pasture in your house? How big is it?"

  At this time, the little dog noticed that Yang Niu had just said that her parents were ranchers, and asked again.

  Xia Jingxing also looked at the foreign girl curiously.

  Although the three of them have known each other for so long, they haven’t deliberately asked about their parents’ occupation and family conditions.

   "5000 acres."

  The foreign girl's understated attitude directly choked the little dog and kept coughing.

  Xia Jingxing is also a little surprised, this scale is not small.

  One acre is about 6.07 acres, 4047 square meters.

  In other words, 5,000 acres is equivalent to more than 30,000 acres and 20 square kilometers, which is equivalent to the land area of ​​Sansha City in China in the future, and nearly two-thirds of the land area of ​​Macau.

   To be more intuitive, it is a "square with a length and a width of about 4.5 kilometers" area.

  Great landlord!

  The little dog scratched his head, "Is this an ordinary rancher? Since your family is so rich, Nicky used to have parties, why wouldn't he not invite you?"

  Kristina gave the dog a glance, shook her head and smiled and said, "Maybe you have a misunderstanding of the value of pasture?"

  The little dog broke his fingers and helped the babes calculate the bill: “If an acre of ranch sells for 20,000 US dollars, and 5,000 acres, that’s hundreds of millions of dollars.”

  The foreign girl waved her hand, “It’s not your calculation. A pasture of tens of thousands of dollars per acre needs to meet many conditions.

  Our family’s ranch has streams and woodlands, as well as hunting and fishing permits, but the "stocking rate" is not very high.

  Do you know the stocking rate? It refers to the number of cows that the pasture can withstand grazing for a long time. "

   After a pause, Yang Niu continued to spread the knowledge of pastures to the two: “In addition, the degree of groundwater pollution, flood control capabilities, and regional restriction planning, etc., are also several important factors that affect the value of the pasture.

  As far as normal operations are concerned, farms are actually difficult to make a profit because they require long-term care and maintenance.

  On a ranch with dozens of dairy cows daily, it is usually necessary to hire a manager and at least two or three full-time cowboys. Raising these cows and paying labor costs are expensive.

  In addition, as a valuable commodity, the price of dairy cows often fluctuates sharply.

  Disease and drought can sometimes bring devastating blows to the entire herd..."

  Xia Jingxing nodded. After listening to the introduction carefully, he had a general impression of the ranch at Yang Niu's family. It is not the best location and environment, but it is definitely not bad.

  There are lakes, woodlands, and wilderness. It integrates animal husbandry, trout fishing and hunting. It sounds very good, and it is very suitable for rural life.

  "Have you discovered any mineral resources or oil or natural gas in your ranch?"

  Xia Jingxing smiled and said, "If there is any discovery, then you will be a person with a mine at home."

  U.S. land is privately owned. If the owner finds treasure in the land, it is also the owner of the land.

"no!"

   Yang Niu shook her head, “Someone has come to explore a long time ago, but it’s a pity that no valuable natural resources have been discovered.”

   "That's okay."

  After finishing speaking, the little dog looked pleased again, "Kristina, when will work be free, can you take us to visit your ranch and enjoy the natural scenery?"

"completely fine!"

  The foreign girl said with great pride, "I sincerely invite you now, and welcome you to my ranch for Christmas this year!"

"That's great!"

  The little dog smiled brightly. After listening to foreign girls talk about the pasture, he was envious of the pastoral life and wanted to see it.

  Xia Jingxing also wanted to take a look, but he was not as thick as a dog.

  When it was about to be put on hold, he had already "strongly condemned" the behavior of the little dog. This time, it was very rare that he did not criticize the little dog.

  "This ranch is actually shared by our family, which means that the ownership belongs to our entire family, including my father’s brothers and sisters.

  As the daily manager of the ranch, my father enjoys the right to dividends from the family trust. At the same time, he also works on the ranch and receives a salary. "

  Xia Jingxing and the little dog did not ask, but Yang Niu took the initiative to tell more details about her family ranch.

  After hearing this, the two nodded again and again. This is how American inheritance is.

  The founders prevent the assets from being divided by their children after their death, which affects the operation of the industry and the inheritance of wealth. They usually set up family trusts to separate the rights of dividends and management.

  You can choose one of your children as the successor of your career, and the other children will enjoy financial dividends. They will not interfere in the daily operation of the industry and avoid family fighting.

  If all the children are not interested in the family business, they can also hand over the management of the property to a professional manager, and the family trust/foundation special person can supervise and audit.

  The trust business in the United States is very developed, and many middle-class people have set up various trusts.

  In China, the super rich in Hong Kong and Macau usually like to set up these things.

  However, as the people who got rich first in the Mainland gradually got older and faced the problem of “handover”, family trusts gradually became popular among the rich.

Although Yang Niu's father is the ranch manager and seems to be the "heir", he is actually held back by the family trust.

  For any major issues of the ranch, such as acquisition, sale, etc., you need to negotiate with the family trust management agency and the administrator.

  If the foreign girl's dad owes a gambling debt outside and is collected, or his personal investment fails, he will at most be bankrupt, and the ranch will not be implicated.

  (End of this chapter)