Chapter 6 of 100
Chapter 6
6 min read1,423 words
Until the servant came to invite him to have dinner, Wang Zixuan put away what he had been writing and went downstairs.
When he arrived at the dining room, everyone else was already there.
Wang Liangming and his eldest son, Wang Zihao, had also returned from the company.
Wang Zihao looked about sixty to seventy percent similar to Wang Zixuan, was three years older, but appeared much more steady, and of course, was not as handsome as Wang Zixuan.
After graduating, Wang Zihao also worked at the family-controlled Hengshi Group. Unlike the wastrel, Wang Zihao worked very hard and had risen from a department manager in a branch company to the vice president of the group's marketing department.
"Uncle"
Wang Ke happily called out when he saw Wang Zixuan.
Wang Zixuan gave Wang Ke a smile and started greeting everyone: "Dad, Mom, Big Brother, Big Sister-in-law."
Wang Liangming looked at Wang Zixuan unhappily and said, "Don't you know how to eat?"
Wang Zixuan sat down in his seat and explained, "I was looking at the stock market, thinking about making some investments."
"Investments?"
Wang Liangming looked at Wang Zixuan and sneered, "Trying to swindle money, right?"
The wastrel had left no good reputation, and Wang Zixuan didn't have the right to be angry. He said a bit awkwardly, "The watches I collected have appreciated a lot. Selling them would yield about twenty million, which is enough for investment."
Big Sister-in-law Liu Lin said with concern, "I've heard that many people who make investments not only lose their principal but also end up in debt. Zixuan, you have to be careful."
Wang Zixuan smiled and said, "That's because they invested in products with traps. I plan to make my own investments, and at most, I might lose some of the principal."
Wang Zihao looked at Liu Lin and said, "Zixuan studied economics; he knows more than you."
However, Wang Liangming seemed to trust Liu Lin more. He coldly snorted and said, "If you owe money again, you don't have to come back to this house."
Yu Suting, fearing that her precious son would be scared again, quickly said, "Alright, let's eat."
After saying that, she also glanced at Liu Lin.
Liu Lin, seeing her mother-in-law Yu Suting's gaze, didn't say anything more.
Wang Zixuan's mood wasn't affected. As long as Wang Liangming agreed to his investment, he could soon prove himself with results and show that he wasn't the wastrel.
After dinner, Wang Zixuan slipped back to his room.
Wang Liangming's anger hadn't subsided, so it was safer to stay away.
"Knock, knock, knock"
While Wang Zixuan was watching TV in his bedroom, someone knocked on the door.
"Come in."
Wang Zixuan saw Wang Zihao enter and sat up, smiling, "Big Brother."
"Uh-huh."
Wang Zihao sat on the bed and said, "Did Dad cut your allowance?"
Wang Zixuan nodded, "Uh-huh, ten thousand a month from now on."
Wang Zihao took out a bank card and said, "This card has five million. Take it and use it. But don't be too showy, or Dad will find out."
Wang Zihao had always been very fond of Wang Zixuan, almost treating him like a sister.
Well, it was because he was too handsome.
Wang Zixuan, knowing from the wastrel's memories that the brothers had a good relationship, still shook his head and said, "No, I don't need it. Selling the stocks and those watches will give me over twenty million, which is enough."
Wang Zihao placed the card on Wang Zixuan's lap and said, "You can use this five million to invest, so you don't have to sell those watches. You've been hiding them for a few years."
Wang Zixuan put the card back into Wang Zihao's pocket and smiled, "I've already asked a friend to sell them. Someone might have already paid for them. Besides, I'm tired of wearing them. I'll buy better ones later."
Wang Zihao shook his head and smiled, "Since that's the case, I'll hold off on giving it to you. Ask me if you need it. What are you planning to invest in?"
"Gold."
With the future memories, Wang Zixuan naturally chose leveraged gold over stocks.
The past two years had been a bull market for gold, and making money from it was incredibly fast.
Wang Zihao nodded and said, "Gold has risen a lot in the past two years. The gold coins I bought have also appreciated. What are you planning to invest in?"
Wang Zixuan smiled and said, "London Gold, with high leverage, no delivery deadline, and a large trading volume."
Wang Zihao said, "With leverage, the risk is also high. Be careful."
"Uh-huh."
The two chatted for a while before Wang Zihao left.
The next day, as soon as the stock market opened, Wang Zixuan liquidated all his stocks.
In the afternoon, Li Nan called, saying that a collector in the circle was willing to buy all the watches for a total of twenty million, a price generally accepted in the circle. Some would be kept for collection, and some would be resold.
Wang Zixuan didn't care how the buyer would handle the watches; he only required the money to be transferred in one go.
Soon, the wastrel's account had an additional twenty million.
Looking at the numbers in the account, Wang Zixuan had a better opinion of his predecessor.
The wastrel wasn't completely a good-for-nothing!
In just a few years, the watches he bought had appreciated by over ten million. If auctioned, they would likely fetch even more.
However, Wang Zixuan could earn more in the capital market, so he didn't bother with the difference in price.
Opening an account was simple.
Although domestic regulations didn't allow London Gold trading, the wastrel had been a VIP client of Citibank while studying abroad. A single phone call would bring his client manager to handle all the procedures. If needed, Citibank could open accounts for him globally.
Citibank always took good care of its clients, especially those with vast wealth, who were key clients that client managers had to carefully maintain.
However, Wang Zixuan didn't let Citibank handle it but drove the wastrel's Lamborghini Reventon out.
In the past, the wastrel never let his bodyguards follow him when he went out. But this time, after losing three hundred million and attracting debt collectors from Macau, Wang Liangming insisted that Wang Zixuan must take four bodyguards whenever he went out.
The Lamborghini Reventon was a graduation gift from Wang Zihao, costing over ten million and not something that money could easily buy.
Only twenty were produced globally, and none were allocated to China.
Wang Zihao had to go through a lot of trouble to buy one in the U.S. and give it to the wastrel as a graduation gift.
The wastrel had it shipped back to China when he returned.
Besides this Lamborghini Reventon, the wastrel also had a Ferrari, a coming-of-age gift from his mother, Yu Suting, when he turned eighteen. Compared to the Reventon, it was much less impressive.
Driving a car worth over ten million on the streets and enjoying the attention of passersby, Wang Zixuan's heart, once that of a nobody, was now filled with excitement.
How cool!
Isn't it?
Stopping the car at a university entrance and asking for directions, how many beautiful girls would willingly get in to guide him?
Haha!
Wang Zixuan laughed to himself for a while before shaking his head.
Too vulgar, too vulgar.
How could he do such a vulgar thing?
Driving such a sports car, he could only run a black car service, and he must do it.
Parking elegantly at a bus stop and shouting, "Ten yuan per person."
Not enough for gas?
Does he need gas money?
Offering twenty yuan?
No, only ten yuan.
That's how carefree it is to be rich.
Picking up passengers and speeding away, leaving a trail of astonished gazes.
So satisfying.
Wang Zixuan fantasized all the way to Citibank, where the client manager was already waiting at the door. He rejected the various misleading products and signed a few documents, asking Citibank to open a London Gold account for him in the U.S. Foreigners investing in the U.S. financial market could be exempt from capital gains tax, meaning he wouldn't have to pay taxes on his earnings in the U.S.
At the same time, he transferred twenty million to the U.S. account. There were many restrictions on transferring money abroad, but Citibank would handle it, though the procedures were a bit more complicated.