novelden Chapter 181 Speculation
Chapter 181 Speculation
Time flies. The two-year term of the "state bonds" that Mu Xudong led the purchase of expired, and everyone agreed to redeem them. This time, they didn't have to go all the way to Shanghai; there was a bank in their county, Teng City, where they could exchange them.
Even more unexpected surprises awaited them! As citizens rushed to buy, the government coupons rose to 112 yuan, and everyone made a profit, thanking Mu Xudong with beaming smiles.
Indeed, fortune favors the bold! Mu Xudong hadn't forgotten Ting Nan, his lucky star; she was the one who discovered it first, and he was thinking about how to thank her.
Now Mu Xudong owns two factories with excellent development prospects and has some spare money. He is happy to relax, reading newspapers and fishing, living a leisurely life.
Mu Xudong, a frequent newspaper reader, also paid close attention to treasury bonds and actually discovered a major loophole: the number of pilot cities has gradually increased from 7 to 61, but the economic development levels of various cities are different. Treasury bonds are very popular in some cities, but no one cares about them in other places. They are often sold at a 30% discount but no one buys them. Isn't this price difference wealth?
He discussed with Gao Haoran whether they could buy treasury bonds from low-priced, neglected areas, then transport them to high-priced, sought-after areas to sell, taking Ting Nan's family along and profiting from the price difference.
Upon hearing this, Gao Haoran, without saying a word, carried a sack and traveled with Mu Xudong to various places, hoarding and reselling large quantities of government bonds.
The initial capital involved came from the Song family, the Zheng family, and Du Hongxue and his son from Shanghai. Everyone kept quiet and made a fortune in silence.
It's just that making money through 'speculation' is too fast, and everyone is a little panicked. Du Hongxue is paying close attention to policy changes and is ready to call a halt at the slightest sign of trouble.
Actually, they were worrying for nothing. In order to promote economic development in various regions, the government encourages the flow of capital.
They pooled their money and resold the goods five or six times before stopping; one shouldn't be too greedy. They noticed that more and more people were targeting this area, and there were more robberies on the road. These robbers were quite daring, carrying guns—though they were just homemade hunting rifles, but still quite lethal. Not wanting to be targeted, Mu Xudong decisively stopped.
Having made money, Du Hongxue and his son, like Factory Director Mu back in the day, bought their wives gold jewelry as gifts—a way to preserve their wealth. They also took them house hunting. Now, three generations live together. Du Pinyu is still young, so they have to live together to take care of him. But as the child gets older and starts school, his schedule will differ from his grandparents', causing some disruption. Du Hongxue figured buying a house was inevitable, so he figured he should buy it sooner rather than later, since he had the money.
Du Hongxue urged Tingnan and the others to buy a house, saying that investing in fixed assets was a sure thing, and buying in Shanghai would be even better, as they would have their own place to live once they came to Shanghai. He added that the property would definitely appreciate in value in the future. He still couldn't forget what he had told Zuo Jinyue before their marriage: to bring Tingnan to Shanghai.
When Nan asked Song Wanli for his opinion, Song Wanli said, "I have no objection. Think it over carefully. Do you want to develop your career in Shanghai in the future? If you do, we'll buy an apartment there as your dowry!"
"Uncle, I don't want to get married so early and stay at home. Uncle, do you know that the housing prices in Shanghai are several times higher than here?"
“I know, it’s a big city! I really have no objection. Anyway, you’re the one who earned the money, so you have the right to decide. I did the math, and if we buy in Shanghai, we probably can’t get a very big one.” Song Wanli said as he continued his work.
"Uncle, let's have a family meeting to discuss where to buy this house and hear Grandma and Aunt's opinions."
"Fine, it's your decision!"
"Uncle, I really suspect you've become a different person. You're so kind now, not only generous but also incredibly gentle with all of us."
"What are you talking about? I used to not even have enough to eat, and I was so worried. I had so much work to do every day, but I couldn't earn any money. When I opened my eyes, there were only a few mouths to feed, and I couldn't see any hope for life. I was really worried back then, and I didn't have the patience to joke around with you kids."
Um... Ting Nan... I've always wanted to say... I'm sorry. I hit you a lot before, please forgive me, I..."