Chapter six hundred and thirty fourth: making a fortune
Liu Wenchang was anxious.
Is this father's mind so he's confused as an official?
Liu Hongxun was speechless for a moment.
Liu Wenchang said: "Father, in the current situation, people are asking for stocks of railway companies everywhere. Everyone says that this is a profitable deal. Now at this time... everyone is asking for it. In a few days, I am afraid that the price will rise."
"It's going to increase?" Liu Hongxun was speechless for a while and said for a long time: "It means that our 5,000 taels of silver is not enough, and we can still earn it?"
"Of course!" Liu Wenchang said: "Isn't this obvious? Father, my son is here to find you now, not asking whether to sell stocks. But... whether our family still buys it."
"Remain buying it?" Liu Hongxun was shocked. He looked at his son in surprise, feeling that his son was a little crazy.
"I'll buy it to this point?"
"Don't my father know yet? In fact, outside, the profit has been calculated long ago. As long as the railway company is still building the railway, the 150 million taels of financing will be built. Whoever takes this stock and earns dividends every year will be at least 50% of the profit in a year."
50% of the profit is terrible. If you spend ten taels of silver, you will get a dividend of five taels every year. This is enough for anyone to drive crazy.
"But if you purchase land, the current market situation, based solely on the land's income, does my father know how much the profit is? Someone has converted it, but only three points a year, but only three points a year of profit."
Three cents of profit means ten taels of silver and you will get three cents of silver every year.
"There are also other transactions. Everyone has calculated that even the salt merchants who can obtain salt intake may not have a 20% profit a year. This railway is more profitable than the salt merchant! Father... Our family has saved a lot of money over the years, and so much money... After a long time, it will become less valuable. Now it is said that in another ten years, the ten taels of silver on hand will be worse than the seven or eight taels of silver now. If we continue to save, the more money we save, the more we will lose..."
"I heard that... the house search in Jiangnan is still continuing to advance, and a lot of silver has been collected. Father... If all these silvers are found, what will happen in the future if there are so many silvers on the market? If you don't hurry up and buy some things, in the future... you're afraid that you won't have any place to cry."
Liu Wenchang has dealt with all the people outside. After all, he is the prince of the Grand Secretary of the Cabinet. I don’t know how many people are surrounding him!
Therefore, he received the most messages.
He continued to analyze carefully: "Now many people have this idea. The money may not be reliable. They must turn it into something real, so that they have great benefits. At present, the stock of the railway company is the most profitable. Now, everyone is holding coins and watching. Our family is like this, and other families are the same. Besides, this stock is still unknown. The 50,000 taels we bought is just the size of a book. My son said it is a bit ugly. If our Liu family is confiscated, if this thing is properly hidden, it will be easier to hide than the 50,000 taels of white silver..."
When Liu Hongxun heard this, his pupils contracted and suddenly became furious. He raised his hand and was about to hit someone: "Beast, our Liu family is just a scheming family. What kind of family is you? You are a rebellious..."
After running around Liu Wenchang, Liu Wenchang was really running fast, and Liu Hongxun was so tired that he was out of breath.
The man was not fighting, but Liu Hongxun slowly calmed down. After thinking for a moment, he said, "What you said is not unreasonable. Under such circumstances, it is really hard to say. But you should not make any progress in doing anything. You spend a sum of money in your family's account and find a way to buy some. Of course, you can't make any money. You have to keep some money and be prepared for any danger. We are not a merchant family. You can't just care about gains and losses in everything you do. First of all, you should be stable."
The Liu family is also a big family, and their ancestors have accumulated a lot of wealth.
What Liu Hongxun pursues is obviously not greater profit, but ensures that his family has the ability to resist any risks.
Liu Wenchang was already happy after getting his father's approval. He didn't expect the Liu family to take out the family's old fortune. In fact, for him, his father was very satisfied if he was willing to take out another sum of silver.
So he nodded happily, then went to get a large sum of money and went everywhere to buy stocks in the secondary market.
There are many people like the Liu family.
Now all kinds of news are flying all over the market.
No one has an accurate price.
However, because there are many people who acquire, those who hold stocks are reluctant to sell.
So suddenly, a good market became a seller's market, and anyone who is willing to sell will be surrounded by buyers.
But this has caused a terrible phenomenon, where brokers are asking who sell stocks everywhere.
These brokers can immediately receive a large reward if they make a deal.
Therefore, within half a month, the stocks with 50,000 taels of silver... rose again.
On this day, Liu Hongxun was preparing to go on duty early in the morning. It was just the hour of Mao, and before dawn, his son Liu Wenchang was already waiting in the hall excitedly.
"What's the matter? It's rare for you to get up so early in the morning?"
"Father..." Liu Wenchang looked at Liu Hongxun with his eyes shining, "A few days ago, my son spent 70,000 taels of silver to acquire another 50,000 shares."
"Seventy thousand?" Liu Hongxun frowned subconsciously, but he still took a sip of tea slowly and signaled that he could hold on.
Then he said again: "Didn't you say, 65,000 taels?"
"The situation is different, so... my son still tried his best to collect it."
"I can't understand the world now."
Liu Wenchang said enthusiastically: "There are still many things that cannot be understood. Our family spent 120,000 taels to collect 100,000 shares of stocks. These days, I heard that the railway to Liaodong and Shandong, and Xuanfu, have begun to prepare. There are also Tianjin Wei railways, which have now set off 27 taels a day, and have reached a new high again. The daily profit is very amazing. So... in the past few days, the price of the stock of 50,000 has reached 100,000 taels."
"Can a stock worth 50,000 be sold for 100,000?" Liu Hongxun was really scared: "Are you kidding?"
"No joke, we bought 100,000 shares of 120,000 taels of silver. As long as we release the news, I am afraid that it will not take long for someone to collect the real money of 200,000 taels of silver. My son heard that it is not just the capital city, but many gentry and merchants from other places are now moving at the news, and everyone is staring at the transaction of this stock."
Liu Hongxun was really scared.
In this world... there is such a profitable deal.
In a blink of an eye, his net worth surged.
So Liu Hongxun asked a very real question: "Is there any risk when it rises so fast?"
"No." Liu Wenchang shook his head and said, "Everyone is not a fool. In fact, they have all calculated it. The main reason is that Tianjin Wei's performance has hit new highs. The daily net profit is as high as 10,000 taels. I also heard that there are many cargo merchants who want to transport railways, but the orders are too full and they have to queue up and delay. If you want to transport goods, you have to find a relationship now."
"In addition, Indian companies are those who do shipping, Zhang San, who has signed a contract with the railway company and spent a high price to transport goods on behalf of the railway company... In short, now the railway company is making money every day, and the people who hold shares naturally rise higher. Everyone thinks it is profitable, so they buy stocks everywhere. As long as the railway company can make a big profit, we will not lose as much as the stock rises."
Liu Hongxun felt dizzy and suddenly thought of his ancestors who had accumulated family business since Emperor Taizu Gao. At that time... he really wanted to let the tenants use them like cattle and horses, and get a good paddy field, and be as happy as the New Year.
But now...
"Hey... I had known this, I should have bought more stocks." It was a pity that Liu Hongxun was in his heart.
Yes, it’s such a pity. Now I suddenly think about it, I am still too conservative and cautious. If I had bought more at the beginning, now... my value will be even more different.
"My son came to see his father, and he came to tell his father, should we buy more?"
"Remain buying?" Liu Hongxun was startled: "Isn't this all rising to the sky."
"This is not in the sky. People outside are talking about it, saying that it is only at the foot of the mountain now. My son heard that... Nowadays, a large number of people are holding coins to buy. Now there are several good news about railway companies. Some people even think that in the future, a railway company will earn at least 100 million yuan in silver, or a net profit... I don't know how much dividends will be paid every year. If you don't buy it now, you will be afraid you will lose."
Liu Hongxun was moved, and there seemed to be a voice in his mind saying to him, buy it quickly, if you don’t buy it, you will regret it.
Another voice told him to be cautious and not play with fire. There is no such good thing in the world. Don’t be greedy. This is enough, enough.
"Father, father, you are talking."
Liu Hongxun suddenly felt an indescribable desire deep in his heart. When encountering such a thing, it was even more difficult to make a decision than a decision in the court.
Taking a deep breath, he stared at Liu Wenchang and said, "What do you think?"
Liu Wenchang gritted his teeth and said, "If my father believes in his son, he should immediately buy stocks on the market. Otherwise, he would miss the opportunity. I heard... the Huang family is buying."
"Huang family, which Huang family?"
"Who else?" Liu Wenchang said: "Of course it's Uncle Huang."
Damn it!
When Liu Hongxun heard this, he was immediately annoyed: "When Mr. Huang was in the cabinet, he kept silent to me and talked about the harm of railway stocks everywhere, saying that this was all over the clouds. It was obvious that he was fooling me?"
…………
Chapter completed!