“You heard correctly. The capital you gave me has been turned over four times with principal and interest by me. What I am talking about is net profit.”
Turned over four times!
Wen Ying’s mind buzzed.
She remembered that she had given Manager Chen around ten million in total, back and forth.
Turned over four times with principal and interest, and that was net profit. This meant that there were at least forty million in Chen Ru’s account now!
Forty million, not four thousand.
Wen Ying had been reborn and struggling for over three years without earning forty million. Yet Chen Ru had made it through the great bull market of 2007. The peak of the A-share index at six thousand points would not be seen again in the next ten or more years. There would be minor bull markets in the following decade or so, but compared to the 2007 bull market, they were insignificant!
Wen Ying did not care about future bull or bear markets anymore.
Now, there was only one thought in Wen Ying’s mind: I have forty million in cash flow!
Yes, at the end of 2007, excluding the value of her company shares, excluding the appreciation of the properties she had bought, excluding future royalty income and adaptation rights from her novels, but real, tangible cash flow of over forty million… Wen Ying was not someone who had never seen the world. She had seen plenty of rich people.
In her previous life, the wealthy clients she had dealt with.
Her landlady Auntie Wu Chunqin from her previous life.
He Zhen from her previous life.
In this life, even more so: her uncle Deng Shangwei, her uncle’s big backer Qin Xianming, Wang Jun who owned the mobile phone city, Xie Qian who had swindled his own father out of two hundred million and then hit the demolition jackpot, Peng Guoqing who kept bragging about waiting for his father to die to inherit the family fortune. Every one of them was rich!
Having seen so many, Wen Ying had become numb to it.
Although she was not as rich as these people, she had talent!
As long as Wen Ying did not scheme for their money, she could associate with them openly and honestly.
What does it feel like to be surrounded by rich people?
It certainly does not feel as good as being rich yourself!
Exactly. When she earned four million, Wen Ying did not consider herself rich. That money, a decade or so later, would only be enough for a down payment on a house in Magic City.
When she invested ten million in Tianjiao, she did not feel much either, since the money had all been converted into company shares.
It was not until Chen Ru told her that she now had forty million!
And all of it was cash flow!
Wen Ying felt that she could truly be called a rich person now.
The label “rich person” carried a lot of weight. Wen Ying’s head was spinning. Chen Ru called her name twice before Wen Ying snapped out of it.
“Mum, how are you so amazing?”
“It’s alright. Just good luck.”
Chen Ru spoke modestly.
Chen Ru was not infected by Old Wen’s Versailles style. She genuinely believed luck was the biggest factor.
The more Chen Ru understood about financial markets, the more reverence she felt. Compared to the big shots, her understanding of financial markets was just a drizzle.
Actually, Chen Ru was more curious about Wen Ying’s decision.
In the past, Wen Ying would never let Chen Ru manage her money. Suddenly handing over a large sum to Chen Ru, then gradually adding more funds and letting Chen Ru trade stocks freely.
Was this girl simply having a whim that happened to catch this big rise, or had she obtained some insider information in advance?
Chen Ru was not worried about the former, but about the latter.
Insider information was not so easy to come by!
Wen Ying did not know whether to laugh or cry. She truly admired her mother’s imagination.
The insider information came from the great god of rebirth. Even if she said it, no one would believe her!
Fortunately, signs of this stock market surge had appeared as early as 2005, with 2006 as the buildup and 2007 as the real explosion. Wen Ying was not afraid of slipping up.
“Back in my second year of high school, I was thinking about majoring in finance. I started paying attention from then. The newspapers were full of stock talk every day. I thought the royalties sitting idle could be put to use, so I handed the funds to you to try. I never expected to earn this much. Mum, you are really amazing!”
Wen Ying was not flattering her.
In the 2007 bull market, having capital to trade stocks was one thing. Not losing money was another.
Many retail investors, how should one put it, lacked understanding of financial markets. They did not know what was good or bad news, just blindly following the nonsense spouted by experts.
The stocks themselves were fine. The problem was the timing of buying in.
Others bought at twenty yuan per share and wanted to sell at one hundred yuan. The greater fools precisely stepped in at the wrong points, rushing in frantically to take over at one hundred yuan per share.
As soon as they took over, they found the stock falling.
A few yuan drop per share, and they panicked, hurriedly selling.
After selling, they discovered it was just a minor fluctuation, and it rose back to over one hundred yuan. Gritting their teeth, they rushed back in.
Then the stock fell again.
Sell quickly, sell quickly. Their little hearts could not bear such stimulation.
Chasing highs and cutting lows like this, perfectly missing the bull market. There were plenty of such investors.
A bull market was just the general environment. It did not guarantee wins.
Chen Ru had turned ten million principal into forty million, not counting the long-term stocks she had not sold. Wen Ying was genuinely impressed from the bottom of her heart.
If Wen Ying operated it herself, she could not do it. She simply did not know how… Manager Chen was truly a formidable figure with both skill and fortune!
Wen Ying’s sincere admiration greatly pleased Chen Ru.
Ah, being a parent to this troublesome child was really not easy. Without some real ability, one could not do it well!
Chen Ru was in a great mood and spoke very straightforwardly. “I will transfer the money to your account in the next couple of days.”
In the past, Chen Ru particularly wanted to control Wen Ying’s money. One reason was to keep Wen Ying in check financially, the other was that she did not trust Wen Ying to manage money herself.
The mother and daughter had even fallen out over this.
After the exposure of Wen Ying secretly investing ten million in Tianjiao, the atmosphere at home had been tense.
Now, times had changed. Wen Ying had long proven with her actions that she had control over money. Chen Ru simply let go. There was no point in not letting go. If Chen Ru insisted on keeping this money for Wen Ying, Wen Ying would eventually agree. But after this, Wen Ying would no longer trust Chen Ru in the future.
Without the forty million, Wen Ying could still continue writing novels to earn money and slowly accumulate a second forty million.
Once trust between mother and daughter disappeared, it would be hard to regain!
Chen Ru had only one daughter, Wen Ying. What use was guarding a large sum of money without her daughter?
As Wu Chunqin had said, if you want your child to truly respect you as a parent, you cannot rely on parental authority to suppress the child. Parents must first become “worthy of respect” themselves before demanding it from the child.
Sure enough, Chen Ru’s straightforwardness made Wen Ying think for a moment. She felt she could not take it all. “Mum, I only want ninety percent. The remaining ten percent is filial piety to you. Spend it!”
Ten percent of forty million was four million.
Chen Ru was a little surprised. “Really giving me ten percent?”
“Of course it’s true. You must have been worried sick this year. This money is my filial gift to you, and also earned by your own ability.”
Wen Ying’s wording greatly pleased the very proud Manager Chen.
“You are right. This is indeed filial money earned by my own ability.”
The words “worried sick” could not begin to describe Chen Ru’s feelings over the past year. Every fluctuation in the stock market made her scalp tighten.
Joy, anxiety, unease, apprehension. Chen Ru had experienced every emotion.
The larger the funds under control, the greater the responsibility.
Moreover, the ten million principal was not Chen Ru’s own money but her daughter Wen Ying’s. Chen Ru had to be even more careful.
The mother and daughter talked a bit more. Chen Ru said she had work to do. Wen Ying was so happy she felt like flying and sent a text to Xie Qian:
“The money I gave my mum to trade stocks has been turned over four times with principal and interest by her! Do you know what four times means?”
Wen Ying did not mention the specific amount.
Xie Qian could not help but smile.
Just from the text, he could imagine how happy the little hamster was.
Making money in the stock market was the first layer of joy. Improving the relationship with her mum was the second.
Xie Qian decided to give Wen Ying a third layer of joy. He replied in a slightly exaggerated tone that did not quite fit his usual persona: That is really great. You often joke about wanting to get rich overnight. Now your dream has come true? Since you have this windfall, it is fine if you cover the bill for dinner with Green Fur and the others this weekend, right?
Just one meal.
Wen Ying quickly replied that it was no problem!
Xie Qian sent back a smiling face emoji.
Of course, Xie Qian did not lack the money for one meal.
It was just that feeling, how to describe it. Originally, Xie Qian was going to treat everyone. Now the host was still him, but the one paying had become Wen Ying… like a subtle official announcement.
Xie Qian even savoured the words “official announcement” several times.
He had not yet asked the hamster if she wanted to be his girlfriend.
He had only expressed his feelings.
For two people to go from friends to boyfriend and girlfriend, some sense of ceremony was needed, right?
Clearly, it was Chen Ru who had earned a large sum for Wen Ying in the stock market. Yet Xie Qian was happier than if he himself had earned it. Even the aunties at the vegetable market were trading stocks. Of course, Xie Qian could not remain unmoved. His gains should be larger than Zou Weijun and Wen Ying combined. He just had not mentioned it.
Money earned always needs to be spent a little.
Xie Qian thought for a moment. After class, he called Gong Sheng: “That old foreign-style house you mentioned last time, is it still available?”
A river-view apartment was something the hamster used to talk about all the time. It had to be bought first.
Besides the river-view apartment, Xie Qian remembered that the hamster had also envied the Wang family’s large study.
Looking at the river view from the study was one kind of enjoyment. Looking at a courtyard was another. Xie Qian wanted an old foreign-style house where he could landscape a courtyard.
In the neighbouring province, more than two hours’ drive from Magic City, Gong Sheng held his phone and almost burst into tears.
The boss had been back in the country for two days and finally remembered him… and the old house he had mentioned!
“If you want it, there will always be a way to find one.”
None on the market?
Then work hard to find one!
How does a worker demonstrate their value?
It has to be by doing things others cannot or cannot do well. Then there is no fear of being replaced by other workers.
However, had the big boss not previously looked down on old foreign-style houses? Why had he suddenly changed his mind?
Gong Sheng thought for a long time but could not figure it out.
Ah, that is normal too. If he could figure it out, why would he not be the boss himself!
