Reborn 92's Business Tycoon

Chapter 479: Chapter 479: Ways to manage money

When Huang Jingping came out, Feng Yiping was still grinning from ear to ear. 'What's wrong?'

'She stepped on me for no reason,' Feng Yiping complained like a child who had finally found an adult.

Jin Ling didn't expect him to actually say it out loud, and her face turned a little red. She didn't know what to say, and Huang Jingping burst out laughing. 'Good job for stepping on him! You must have made Jin Ling angry, so you deserve it! Jin Ling, what kind of pasta is this? Where did you buy it? Why is it still hollow inside?'

What a good fake! This kind of hollow pasta is sold in the community centre of their expat-filled villa area, okay?

But her interruption very effectively covered up Jin Ling's embarrassment.

'This? There are specialised Western food ingredient stores in the city, and they have a lot of Western food semi-finished products and seasonings,' Jin Ling took a sip of wine to make her face blush naturally.

'But I can't make many of these, so if you have time, can you teach me?' Huang Jingping said, while skillfully stepping on Feng Yiping's foot under the table.

What a pity, it was still the same foot as before, about the same place, with an old injury and a new pain, truly a foot with a hard life.

'By the way, my father suggested that when you are at school, you can align yourself with the party organisation and apply to join the party,' with Huang Jingping's interference in the middle, Jin Ling is finally looking normal again.

What on earth was this old comrade Jin thinking? 'I already said, I don't have the ability or the desire to join the authorities. I just want to be a carefree little middle class person, so why bother?'

When I was a child, the strongest impression I had of party members was the images and lines in various movies, such as "if you're afraid of death, you're not a Communist," and "Communists fight with me." They really put up with hardship before anything else, and never think about enjoying themselves.

Jin Ling had obviously discussed this issue with his father as well. 'Don't you want to take root and develop in the country? There's nothing bad about joining the party,'

'Okay, I'll try,' he said. Yes, in this era of peace, even if you become a member of the party, you generally don't have to shed your blood and sweat like someone like him – please forgive him for his lack of understanding.

However, he also probably understood the process of joining the party at school. From submitting an application to joining as a formal member, there are a total of seven steps: being recommended by the league members, being identified as an activist, attending party school, becoming a development target, and becoming a preparatory member.

It will take at least a year or two, with all the studying, reporting, summarising, etc. – there's a lot to do. Please forgive him for his lack of awareness.

But hey, all roads lead to Rome, and there's more than one way to do things. One of the biggest features of our party is that it has branches in every company. So there are party branches at the village level too. So why bother with the school? Just apply in the village.

Besides, no kidding, with his ideological awareness and actions, Comrade Feng Yiping consciously feels that he is no worse than most comrades in the party. Although he still has some lowbrow interests, he can be considered a noble person, a pure person.

'Please tell Director Jin that I will definitely actively draw closer to the party organization,'

Jin Ling was a little uncomfortable at how quickly he had changed, 'Why do I feel like there's a problem here?'

'Please, someone who has returned from the capitalist world, don't tarnish our pursuit,' Feng Yiping said sternly, 'This is a serious matter, no joking around,'

Jin Ling and Huang Jingping both laughed, these two guys have no awareness!

'What kind of person is Uncle Jin?' Huang Jingping asked with a smile.

'He's just a little old man who is tall and thin, with grey hair at the temples, quite refined and easy-going, not a big eater, but a stickler for many things,' Feng Yiping summed up incisively.

Huang Jingping gave him a little tap. Jin Ling laughed again when he heard him describe his father like that. She wondered what expression her own old man would have when he heard Feng Yiping's description.

'Why did you ask this?' she asked Huang Jingping.

'The biggest official I've ever met is the town's mayor and secretary, and I've never met a senior cadre like Uncle Jin,' he said.

'But everyone's admiration for senior cadres nowadays is probably a continuation of their admiration for the older generation of leaders.

'What's so surprising about that? Next time I go back, I'll take you to meet a few,'

Feng Yiping was also interested when he heard Jin Ling say that. 'Can I meet the number one person in the province?'

'Wait until you have a few companies listed in the US,' Jin Ling was not so polite to Feng Yiping.

'And, you mentioned to my father again that I should spend less money, and also said something about buying a house. Is it really that cost-effective to buy a house now? You should know that some of my friends bought houses in the US years ago, and they have hardly appreciated in value.'

'The situation is different in the US, comrade. Our country is smaller than the US, and our population is many times larger. If I were to tell you now that in the future, apartments in the capital will be more expensive than houses in most places in the US, you probably wouldn't believe me, but believe me, this will be the case in the future.

And it's not that houses in the US don't appreciate in value, it's just that you're buying in the wrong places. Right now, the more expensive and scarcer the listings, such as if you buy a top-level apartment in Manhattan right now, you'll see it multiply in value in ten years?'

'Really?' In fact, Jin Ling believed the latter point he made.

'In view of your great curiosity, Azizi will explain it to you today,' said Ou Ba, who couldn't say it, so Feng Yiping changed the name and took a small advantage.

Fortunately, in this era, everyone likes to hear about making money. Although these two women don't know what a zhesi is, and they don't think it's a good sign to talk about it here, they would rather know what to invest in.

'The current trend is that, regardless of the Gini coefficient or anything else, the lives of ordinary people will get better and better, and there will be more and more wealthy people. In the near future, domestic billionaires will become more and more common. So, apart from houses, what else will appreciate in value?' Feng Yiping pretended to sip his red wine and asked them with a smile.

'Artworks? Luxury goods?' Feng Yiping had studied these topics and was a graduate of Harvard Business School.

'Yes, there are more and more rich people, whether they buy them to decorate their homes or as an investment. Artworks will appreciate in value quickly. If you go to some auctions now and spend money on something that is not too niche, the better the more exquisite it is, the better. If you only make a two or three-fold return, then you can only say that you are not very lucky.

There are also luxury goods with Chinese characteristics, such as various types of jade. If you spend money now and go to some of the jade producing areas in China to buy some finished products, of course, it would also be good to bring back a few truckloads of good-quality raw jade. If you don't become a billionaire after ten years, it's just not possible.'

At this stage, most wealthy people in China are still in the ascendant period of their careers and the accumulation period of wealth. Although art and luxury goods have risen in price, they are still considered a bargain compared to ten years later.

To be honest, Feng Yiping really hadn't thought about this problem in a systematic way before. Now that he's mentioned it, there are some things he can do. For example, his parents have always been at a loss as to how to manage their finances, so he can ask them to buy some good jade. Not only will it appreciate in value, it will also fulfil their wish. They both believe in the saying that jade nourishes the person, but they never had the means to think about these things before.

Inspired by them, Huang Jingping also said, 'Gold?'

'Yes,' Feng Yiping laughed, 'This is a luxury investment with the characteristics of our great country. "You have a good eye! You've reminded me. Unfortunately, the bank hasn't yet launched paper gold trading. This year, let's buy a few tens of catties and play with them. They're also good for making dumbbells.'

Gold futures were also an investment direction he had long decided on in later years.

'Cliché!" Jin Ling said to him.

'Don't you know the difference between vulgar and elegant? As long as you can make money, you're not vulgar. But your current investment is the least cost-effective. In the future, everything will rise in price, except cars, which will fall in price. If you buy one of those antique cars, you might be able to buy it at a good price in the future. The one you bought at a high price before,' Feng Yiping held up his wine glass and shook his head, implying that it would lose a lot of value.

Huang Jingping pinched him again, 'Speak nicely, what other ways are there?'

'There is also the stock market, which is not doing well this year, but high-tech stocks like Microsoft and Apple are worth holding onto. Apple in particular is worth buying, and if you want to save yourself the trouble, you can just buy its stock.'

'Really? Then I need to plan properly,' said Jin Ling. Now, she is the leader of two countries, but she has not learned the best things from either country. For example, Americans are keen to invest in stocks, but she is not, and in China, people like to save money, but she still doesn't.

'I really need to plan better. As the old saying goes, you can't be poor if you don't know how to plan. Feng Yiping also said, 'If you don't manage your finances, they won't manage you. So, comrades, if you want to be worry-free in the future, you need to start managing your finances now, starting with me, and starting with the little things around you!' Feng Yiping's words were well-reasoned and heartfelt, but they came across as old-fashioned, and he received two blank stares in return.

Some things really need to be done. He decided to find some time in the next two days to do some research on gold prices, as well as the prices of various jade products and rough stones. He also needed to call his fourth uncle early the next morning to ask about joining the party in the village.