Silicon Invasion
#45 - past
Luo Rui was feeling uneasy when he heard his mom continue, "Back then, I really couldn't take it anymore, so I told your dad, 'Why don't we sell all the stocks? We've earned enough, it's enough.'"
"Although your dad was a bit reluctant at the time, your mother's words still carried a lot of weight..."
Just then, the silent father suddenly spoke up, "That's not quite right. Your mom's eyes were red with worry back then, but your dad here was still clear-headed..."
"Shut up! If you're so good, you tell the story!"
Mother Luo's angry roar interrupted Father Luo's defense. Years of wife power had suppressed him, and Father Luo obediently shut his mouth, not daring to say more.
"Ahem, where was Mom just now?"
"Talking about how my dad was reluctant..."
A wise man knows when to submit. When it's time to be a coward, be a coward. His father had already set an example, and Luo Rui felt no psychological burden in being a coward.
"That's right!" Mother Luo nodded appreciatively and continued, "Anyway, your dad and I decided to sell all the stocks to avoid being worried all day long."
"After selling all the stocks, those days of watching the stock prices rise and rise were indeed not easy to bear. Your dad was tempted to jump back in several times, but I stopped him each time."
Luo Rui nodded as he listened, secretly thinking that, based on the situation just now, he should probably listen to what she said in reverse.
"Later, we hardened our hearts and stopped watching, to avoid feeling uncomfortable. Later, when we heard that the stock market had crashed, our original unwillingness turned into relief. It really was a relief..."
Mother Luo sighed repeatedly, lost in memories, as if she had returned to those years, her face full of lingering fear.
"Let's not talk about that. Anyway, after that incident, our family's assets increased by about twenty times."
How much?
Twenty times?
How much money is that?
That must be tens of millions.
Luo Rui's mouth widened, and he felt his heart skip a beat. After living a hard life for eighteen years, he now only wanted to know who had been the one to bewitch his mother into raising him as a poor child.
He would definitely find a way to send his most sincere greetings.
Right, what happened after that?
Nothing else went wrong after that, right?
Luo Rui was extremely nervous at this time. Although it was his parents' money, they only had him as an only child. It wouldn't be too much for him to get a little participation, right?
Seeing the eager look in Luo Rui's eyes, Mother Luo didn't keep him in suspense and continued, "Later, your parents were settled for a year and felt that it wasn't a good idea to keep the money in the bank all the time, so they wanted to find something to do again."
Oh, Dad and Mom, please don't bother anymore. Just keeping this money in the bank and living off the interest is enough for a good life.
Luo Rui's heart trembled again. His parents loved to stir things up, what to do?
"But after looking around, it still didn't work out. Business talent has nothing to do with how much money you have. Your parents just aren't cut out for it."
You two are too self-aware. Luo Rui was thankful. Now it seemed that nothing would go wrong.
Right?
Was this going to make up for his last shortcoming of being a rich and handsome man?
But just then, Luo Rui heard his mother continue, "But this money really depreciates terribly. I didn't realize it when we didn't have money before, but now that we have money, it's especially obvious."
Luo Rui was numb. Judging by this, his parents were still going to continue stirring things up.
"Later, your dad and I discussed it and decided to just buy houses. At that time, the houses in our county had already risen a lot. Originally, they were seven or eight hundred yuan per square meter, but they had risen to thirteen or fourteen hundred. The commercial properties had also risen from one or two thousand to three or four thousand. But some of the out-of-the-way places were still quite cheap. Especially those commercial properties used to pay off debts, although they were much cheaper than the market price, not many people bought them because they had to pay in full."
"But your parents didn't have anything else back then, just a lot of money. They went along those streets looking specifically for such shops to buy. Every day they just went shopping and buying houses. By the time the money was almost spent, they didn't even know how many they had bought."
When Mother Luo spoke of her glorious deeds back then, her spirit was high, and her eyebrows danced.
"Later, after calculating, we bought a total of 168 commercial properties and 31 residential houses."
Good heavens, how much money is that? The cheapest commercial properties in Dongmu County now, even the ones that are almost outside the protection zone, are all above ten thousand.
Luo Rui calculated silently for a long time. In the end, he could only say that there was a bit too much money, and he was a bit numb.
"The money was all converted into houses. Although it's a bit troublesome to convert it back into cash, the house prices have been rising all the time. Even if those commercial properties weren't rented out, your parents didn't feel any psychological burden. Later, the development of Dongmu became much faster. Many previously idle commercial properties were slowly rented out, and then we didn't have anywhere to spend the rent, so we bought more houses..."
"Actually, collecting rent from so many commercial properties together is still very quick to accumulate money. Basically, the rent each year can buy another ten or so commercial properties. So, the houses rolled into houses. After so many years, our family now has more than four hundred commercial properties and more than one hundred residential houses."
"In our community, half of the commercial properties are actually our family's. Building Six, the entire twelve units in the second building are all our family's. And Zifeng Huayuan in front, 40% of the commercial properties are ours. On Chengyang Road next to it, our family also has ten or so commercial properties there. And that Liuli Hai community, 20% of the commercial properties are also ours..."
Listening to his mother listing the names of the communities one by one, saying that the commercial properties were several tens of percent, Luo Rui was really numb. It was the first time he had heard of the saying that houses rolled into houses. His parents were the protagonists of the novel. Not to mention that their luck value was directly maxed out, it must definitely be ridiculously high.
"But managing the houses and collecting the rent is quite troublesome, and it's also not good to let acquaintances run into us. Your dad still wants to go fishing, and Mom still wants to play mahjong, so later we simply found a professional team and established a company to specialize in these matters."
"What company?"
"Ruijin Group!"
Damn it, Luo Rui almost cursed on the spot. Good heavens, Ruijin was the regional star enterprise last year, with a market value of several billion, and even a very famous enterprise in Fengzhou City. It turned out to be his family's?
For a time, he felt like he was in a dream. Luo Rui pinched himself hard, and a painful groan escaped from the corner of his mouth.
He wasn't dreaming.
But that wasn't right. He heard that Ruijin was in the property management business. Many high-end communities hired them, as well as some other businesses like Jindian and shopping malls. He hadn't heard that they were also managing houses?
He told his mother his doubts, and his mother said with a smile, "That's why they're a professional team. Your Uncle Zhang made a plan for our family at the beginning, using some of the houses to get loans from the bank, and then using this money to do other things. As we did it, the business grew bigger, and the rent became a small part of it."
"But don't worry, the houses that Mom mentioned just now are all clean and clear, with no loans. They're your safety net..."
What did that mean?
It should mean that even if the company went bankrupt, it didn't matter. There were still more than four hundred commercial properties to collect rent from?
As for Uncle Zhang, it seemed that the president of Ruijin Group, who spoke on TV last year as an outstanding business representative, seemed to be named Zhang.
Amazing, amazing. Luo Rui now just wanted to shout, 'Mother is awesome!'
He was about to take off.
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