readytorunbook Chapter 392 Pros and Cons of Stocks
Chapter 392 Pros and Cons of Stocks
"Use equity to raise funds from the entire Daqin?"
"Even if the common people are willing to invest, their financial resources are inferior to those of businessmen. Ten million yuan may involve hundreds of thousands, or even millions of investors."
"With so many equity holders, I'm afraid it's not easy to control, right?"
Ying Zheng thought for a while before asking.
Not only the courtiers, Yingzheng's own private treasury, the main source of income also comes from the equity dividends of the various workshops under the Royal Commercial Bank, so Yingzheng already has a certain understanding of the share distribution system.
It's just that these shares were all targeted subscriptions before, and they were tied to individuals and could not be traded. The number of shareholders was relatively small, so it was easier to manage.
But now the stocks proposed by Ying Yu are directly facing the entire Daqin. In this way, the number of shareholders is probably innumerable.
"The previous shareholding system was for the powerful and big merchants."
"What Erchen said this time is that in the face of retail investors, the management method must naturally undergo certain changes."
"After the change, the original purchase cost of a single stock can be very low, such as a hundred yuan, ten yuan, or even one yuan!"
"And as long as it is on the corresponding stock exchange, the stock can be traded and resold at any time."
"And this stock will have a certain rise and fall."
Ying Yu explained the concept of stocks and securities trading to Ying Zheng in detail.
Even in later generations, stocks are one of the important means for people to invest and manage money, let alone in Daqin.
Its scope of application is much wider than that of bonds, and the entry threshold is extremely low.
It can absorb the idle capital of the people to a great extent, and it can also cultivate the financial awareness and concepts of the people, and give financial lessons to the whole Daqin.
"This stock can still go up and down, isn't that no different from gambling?"
Ying Zheng frowned.
Daqin has always been very strict about gambling. Officials and citizens who set up gambling in private can be punished with tattoos at most. Even for leisure and entertainment, once the bet exceeds [-] yuan, they can be punished.
"Father, in business, there are losses and gains. This is a natural law and cannot be changed."
"This stock investment is actually a kind of business. It just turns the goods bought and sold into stocks."
"It's better to let the common people invest their money in this stock than to gamble secretly when they are idle and bored?"
Ying Yu laughed.
"Although there is some truth to it, the ups and downs of this stock still have a significant impact."
"It's okay if you make a profit, but if you lose money on a large scale, I'm afraid it will cause a lot of resentment and twists and turns!"
Ying Zheng thought for a long time and said.
"Father's concern can actually be restricted through the entry threshold of the stock exchange."
"That is, workshops that want to issue shares must go through strict review to ensure their business health and investment prospects before they are allowed to issue shares to raise funds."
"In this way, it can be guaranteed that most ordinary people can profit from stocks, and even if there is a loss, it is relatively controllable."
Ying Yu patiently explained.
The reason why nine and a half out of ten retail investors in later generations are losing money is that the biggest problem is that the supervision is not in place, which has caused many listed companies to inject water and play routines to fool retail investors.
To put it bluntly, it is not that there is a problem with the stock market, but that there is a problem with those who are qualified to manipulate it.
Anything, once the executor has a problem, is completely hopeless.
In fact, if it is a company with great potential, going public to raise funds will not only bring enough funds to accelerate its development, but investors will also be able to get rewards through the development of the company, which can be said to be a win-win situation.
For example, the development of this new continent, whether it is Australia in the south or the American continent further away, has great potential. As long as it works well, it will definitely make money without losing money.
Although the short-term income may not be high, for the people of Daqin who lack investment and value-added channels, as long as it can rise, it is already quite good.
In addition, Ying Yu also plans to let some high-quality workshops under his name be included in the listing.
The funds raised can be used to expand production, or to invest in other industries such as steel and postal delivery, which involve people's livelihood, are slow to pay back or even lose money, and must be controlled by the imperial court.
As long as the review is in place, it is ensured that the listed stocks are all high-quality stocks. Even if there is an occasional drop, it will not bring too much loss to the shareholders. On the contrary, because most of the stocks are rising, most investors can realize profits.
Once it is carried out in this way, the common people will naturally discover the benefits, and they will be more enthusiastic about investing in stocks, driving the development of the entire industrial chain.
With the current inestimable wealth of the people of Daqin, once the common people fully enter the stock market, let alone tens of millions of dollars, it will be no problem to multiply it by ten or eight times.
As long as the stock market develops healthily and the imperial court can obtain a large amount of funds, the development of Daqin will be accelerated, and the common people will have more channels to invest and increase value, and they can continue to benefit from the development of Daqin, forming a virtuous circle.
"If according to what you said, if you can really manage and control it, this stock is indeed feasible."
Ying Zheng thought for a long time again, nodded slightly and said:
"Compared with bonds, this stock is indeed much more cost-effective for the imperial court."
"Not only can it save interest for the imperial court, but the stock transaction, which runs back and forth, also needs to pay taxes. If the accumulation is small, the total amount of taxes in the future will definitely be beyond imagination."
"This is how real money makes money."
"Furthermore, father, if so much money is kept in the private sector, it is easy to be taken advantage of by those who want to guide it to the stock exchange controlled by the imperial court. This will not only allow the imperial court to have more capital to operate, but also allow the imperial court to More peace of mind, why not do it?"
Seeing that Ying Zheng agreed, Ying Yu said with a smile.
Idle funds are not just being watched by the court.
No matter how strict the laws of the Great Qin Dynasty are, as long as the interests are large enough, there will be people who do illegal things like cheating and abducting.
Even if it is investigated and dealt with later, it is difficult for the people to recover all the losses.
It's better to guide the money in the hands of the people into stocks and use it for the court.
Moreover, if it goes public, it can also take the opportunity to control and control some large private businessmen that are less likely to be detected, so as to better control these people.
Once a businessman becomes a capital, it is easy to change his taste.
Ying Yu, who has the experience and lessons of later generations, will not let Daqin's capital get out of control.
Don't forget, the current Daqin is a centralized monarchy.
What is given to you is yours.
If you dare to make trouble, do you really think that Yingzheng's knife is not for display?