Novel Bin Chapter 78 - 78 Targeting the Subway Line!
Sang Yan’s mind went blank, and it took a while for his brain to start working again. For most people, they did not even have a chance to see that amount of money in their entire lives. Even the owner of a small company could only earn a few hundred million in his lifetime. However, the young man in front of him had already earned almost a billion? It was an impossible feat for an ordinary person. How did the young man do it? Was he a money-making genius?
Sang Yan could not help but wonder if he could perhaps trust the young man in front of him. Since the other party could earn so much, the other party likely was capable. It was just that the real estate industry was very risky.
Sang Yan did not know what Jiang Feng planned to do. If they did not do well in the beginning, they could lose everything immediately. He wondered if Jiang Feng already had everything planned out.
“Yes,” Jiang Feng replied. He was already used to this reaction. Back when he used to earn 6,00 yuan a month, he would likely have this reaction as well. Moreover, he would even ask for advice in envy as well.
It was thanks to the ten million in compensation from the demolition. Otherwise, he would not have reached this level. He had to seize the chance to make the company bigger and better.
In the past, Jiang Feng did not have the funds or resources. Now that he finally had them, he had to make use of them. He could not go back to the past. His parents relied on him. If he did not improve himself, he would have studied for so many years in vain.
Sang Yan realized he had lost his composure and quickly calmed down. He cleared his throat before he looked at Jiang Feng with bright eyes and asked, “What do you plan to do first?”
Jiang Feng replied unhurriedly, “I plan to buy that piece of land.”
It was obvious that Jiang Feng was very certain of his plan and that he was determined to obtain that piece of land.
Sang Yan leaped to his feet and exclaimed, “You still want to obtain that land?!”
Sang Yan gulped after he finished speaking.
This was extremely risky after all. Moreover, there was Jiang Feng’s second uncle who served as an example. This involved the government. They could obtain information using some unorthodox methods, but it was impossible for the information to be 100% accurate. The government guarded the information tightly, not wanting others to have a monopoly on the information. Let alone small companies, even leading companies could not get the information from the government. At most, they could predict and speculate based on bits and pieces of unverified rumors obtained through unorthodox methods.
Indeed, that piece of land could make them money, but it was tantamount to gambling with one’s life.
There were very few, if any, people in the world who could accurately predict which piece of land would make money. There were many who gambled and went bankrupt. Even bigshots only dared to invest a small amount of money in this regard, but Jiang Feng, a young man, wanted to invest in the land.
They could make money in other areas, which were less risky compared to that piece of land. With that piece of land, it would be considered good if he did not lose money.
‘What is this kid thinking? He’s too impulsive! Isn’t he afraid that everything he’s worked so hard for will be gone? He’s too arrogant!’
Sang Yan really could not figure out what Jiang Feng was thinking. He had already said everything that needed to be said to Jiang Feng, and he did not know what else to say. He felt his legs tremble and could hardly believe it when Jiang Feng mentioned that piece of land again.
Sang Yan’s voice attracted Jiang Feng’s second uncle’s attention, and he rushed over immediately. He asked anxiously, “What’s wrong? What’s wrong?”
Jiang Feng’s second uncle wondered if the duo quarreled when he was away. It sounded like they were about to fight. It was the first time he had heard Sang Yan speak so loudly.
Usually, Sang Yan would not speak so loudly. Jiang Feng also had a good temper and was not the type to get angry easily. Hence, Jiang Feng’s second uncle could not figure out why the duo would quarrel. The duo met for the first time today to discuss starting a company. Why did they suddenly have a conflict?
Sang Yan calmed down. Then, he looked at Jiang Feng’s second uncle, who rushed over, and said with a faint smile, “Buddy, your nephew is determined to obtain that piece of land.”
“What?!” Jiang Feng’s second uncle’s voice rose in volume as well. He looked at Jiang Feng with wide eyes, not knowing what to say. The industry was risky, to begin with, but Jiang Feng chose the riskiest business. It was impossible to make money. He really did not understand what Jiang Feng was thinking. Jiang Feng actually had the courage to gamble on the subway line. How could ordinary people know anything about the government’s secrets? If Jiang Feng’s prediction failed, only bankruptcy awaited him. The company they just built with great difficulty would crumble immediately. This dangerous move was tantamount to jumping into a pit.
Putting the huge risks aside, this area was where powerhouses fought.
Jiang Feng’s second uncle was a living example of the consequences. In a moment of rashness, he mortgaged all of his assets. In the end, he lost everything. Would Jiang Feng become like him, losing all his money?
The subway station and the subway lines, including their planning and regulations, were under the government’s control. The government would not give hints or say anything. Rumors were rumors; there was no saying how accurate they were. Moreover, the government might even leak false information. In short, the risk was too high.
Jiang Feng’s second uncle said worriedly, “Little Feng, why do you insist on this? Why are you so insistent on obtaining that land? We have no accurate information so we can only rely on guessing. The probability of guessing correctly is almost zero! Moreover, it’s not like you don’t know. I just suffered a loss because of this. Do you want to repeat my mistake? I think you should just continue with your own business and forget about the real estate industry.”
Jiang Feng’s second uncle waved his hand, as though he was extinguishing his previously ignited hope. Perhaps, he had expected too much. Ultimately, Jiang Feng was still young. How could Jiang Feng lead a company well?
Moreover, Jiang Feng’s had a streak of good luck that it seemed like his luck would be running out soon. He likely would not have any luck in the real estate industry. Most importantly, he had set up such a high goal from the beginning. The company would fall as soon as it started.
In the end, Jiang Feng’s second uncle concluded it was better not to step into the industry again. It was best not to waste money.
Jiang Feng understood his second uncle’s painstaking efforts and thoughts. He said seriously, “Second Uncle, I know what to do. Don’t worry. I’m not going to use all my funds at once. I plan to use 500 million. Moreover, I heard that the subway line will be announced soon. We’re pressed for time. Why don’t we register the company first and talk about the details later.”
Jiang Feng’s second uncle thought about it for a moment. He thought this was reasonable. After all, registering the company only needed a deposit. They could decide later about how to invest the money.