Chapter 101 The Man Who Bears the Burden
Chapter 101 The Man Who Bears the Burden
"How can you ask him that? No, you all are also forbidden to ask," Ge Dongxu said sternly upon hearing this.
Although young, Ge Dongxu knew this was definitely against principles.
"Hehe, I was just mentioning it in passing, just in passing," Wu Qianjin said with an embarrassed smile as he saw Ge Dongxu's expression turn serious.
Even though Wu Qianjin habitually called him Uncle Wu, deep down he was somewhat afraid of this young man after the incident at the Changxi Grand Hotel.
"Truthfully, it's not that I look down on this profit, but because I think our country's economic situation is so good right now that land, in general, is bound to appreciate in value, or at least preserve its value against inflation. It's like the blue-chip stocks in the stock market; they might not skyrocket in the short term, but in the long term, they always grow in value. If it weren't for the fact that I currently don't have much capital I'd consider buying up the surrounding land as well," Ge Dongxu explained in a gentler tone upon seeing Wu Qianjin looking somewhat uncomfortable, feeling his tone had been too harsh before.
These days, he had started to read books on business investments. Although he hadn't immediately become a business expert, he had still learned something.
After all, Cheng Yazhou and Wu Qianjin were just small-time, local bosses, not the sort who would read books on business investments. Seeing how methodically Ge Dongxu spoke, they were somewhat taken in by his words.
It took a while before Cheng Yazhou and Wu Qianjin came back to their senses and said, "Since you think this way, we won't persuade you otherwise. You shouldn't lose money at least. As for buying more land, let's forget about it!"
At the end of the day, Cheng Yazhou and Wu Qianjin still weren't optimistic about the rural areas around Jiang Family Village.
Ge Dongxu himself wasn't sure either, so he didn't persuade them to buy land. Besides, the land prices in Jiang Family Village had already been driven up quite a bit. If it was just a fleeting trend, entering the market now might result in being stuck with a loss.
Perhaps to prove Cheng Yazhou and Wu Qianjin's words, when the calendar turned to May, the trend that had started at the beginning of the year peaked in April and then suddenly disappeared in May, causing land prices to drop accordingly.
Because of this, Cheng Yazhou and Wu Qianjin didn't hesitate to blame Ge Dongxu for not listening to their advice and missing out on a money-making opportunity. By this time, besides the money set aside for building a house, Ge Dongxu finally had an additional one hundred twenty thousand in his bank account that he could use.
At that moment, the Talisman Jade Ge Dongxu had carved two months prior was on the verge of shattering. Logically, it was time for him to buy new Talisman Jade.
However, Ge Dongxu felt that one hundred twenty thousand could at most buy only sixty to seventy Jade Tokens. Last time, by a stroke of luck, he succeeded on the fifty-third token. This time, Ge Dongxu didn't think he would be so fortunate. Moreover, if he continued in this cycle of earning money at the factory, spending it on Jade Tokens, earning more money, and then buying more Jade Tokens, he would never have excess funds. Furthermore, Yaxu Trademark Factory might not maintain its current profits, and as his cultivation progressed, the duration for which he could use Taiyin Spirit Gathering Formation Talisman Jade would only decrease. Eventually, he would find himself in a deficit. Therefore, Ge Dongxu thought that rushing to buy jade with the extra one hundred twenty thousand wasn't a long-term solution.
The long-term solution was still to find a way to make enough money!
To make enough money, the best method would naturally be like the ancient magicians who attached themselves to the powerful and wealthy for support, or making quick money by treating rich patients, but this was not the path Ge Dongxu wanted to follow. It was also the resolve he had made in front of his master when he was younger!
A person of cultivation doesn't just cultivate their breath; they must also cultivate their spirit. Once a resolution is made, how could it be shaken by a little difficulty?
Ge Dongxu's cultivation might be far from what his master had achieved back in the day, but he seemed to be a natural-born cultivator, possessing a persistent and determined heart. Therefore, Ge Dongxu was willing to slow down the pace of his cultivation rather than change the ambition he had initially set out with.
"Why not just buy more land? After all, the land prices have fallen back again, and it won't result in a loss if bought now. But if the county government office building really chooses Jiang Family Village as its site in the next couple of years, then the profits would be several times higher!" Perhaps it was the complaints of Cheng Yazhou and Wu Qianjin that prompted Ge Dongxu, or maybe Ge Dongxu wanted to take a gamble, or perhaps the business investment books he read these days had given him inspiration and confidence, so without thinking of other ways to make money for the time being, Ge Dongxu suddenly made a decision.
Once the decision was made, Ge Dongxu did not want to delay any longer. He not only planned to take out 120,000 from his account to buy the land, but he also took the property rights certificate of the factory building to Deputy Branch Manager Yuan Li of the Industrial and Commercial Bank of Changxi County, preparing to mortgage it to the bank.
Yuan Li, whether it was because she believed in Ge Dongxu's integrity or because of Lin Kun's face previously, actually lent Ge Dongxu 160,000 according to the current market valuation of the factory and land, a full amount.
This way, Ge Dongxu now had 280,000 in available funds.
With 280,000 available, Ge Dongxu approached Cheng Yazhou and told him that he was going to continue buying land in Jiang Family Village.
"Dongxu, just forget it, If you really feel that keeping money is a waste, it's better to buy a shop along the street in the town. In recent years, the rent for shops has been steadily increasing," Cheng Yazhou said, taking a big jump when he heard that Ge Dongxu still planned to invest money in buying land in Jiang Family Village, and advised with a frown.
"No, I still see potential in Jiang Family Village, Uncle Cheng, please help me arrange a meeting with Director Jiang to discuss this." Ge Dongxu had already borrowed the money from the bank and naturally would not give up halfway, he insisted.
"You... alright, buying land is also a way of saving money, it's better than spending it recklessly," seeing Ge Dongxu insisting on buying the land, Cheng Yazhou could only nod in agreement and even comforted himself with a remark.
Fortunately, at this time Cheng Yazhou did not know that Ge Dongxu had also specifically borrowed from the bank, otherwise, he would not have spoken so.
Thus, with Cheng Yazhou mediating the negotiations, Ge Dongxu spent a total of 280,000 yuan, purchasing another nine mu of land around the Yaxu Trademark Factory.
The reason they were able to buy so much this time was that these plots were all barren lands, void of any structures, and hence comparatively cheaper.
As a result, Ge Dongxu now had twelve mu of residential land in the town area, though to others, Ge Dongxu merely owned twelve mu of rural farmland. Discover stories at empire
For this matter, Wu Qianjin privately complained a lot to Cheng Yazhou, believing that Ge Dongxu's expenditure was a waste.
And after spending such a large amount of money, the Talisman Jade finally crumbled into pieces, leaving Ge Dongxu with only a portion of money reserved for building a house in his pockets, his account nearly empty, and even owing the bank 160,000, very avant-garde, he had become a "debt-laden man."
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