The Rebirth of a Genius
Chapter 13 – Increase labor

After a while, the Feng family sat quietly again. Of course, this was at the expense of Feng Yu's suffering. His body was covered with red bruises from the bell.

“I don't think Xiao Li is bad, but it looks like I was wrong! He was an adult but he followed Xiao Yu's idea. What did Xiao Yu know about the state bonds? Making money from Treasury bonds? Tell me who else has ever made money on Treasury bonds? Even if one could make money from these bonds, that was also speculation! "Zhang Muhua scolded. He still had not dealt with it and continued to scold his son and Li Shiqiang.

“Bu, Shiqiang was also influenced by Xiao Yu and Xiao Yu also said telling him that this was the father's idea. Shiqiang also had no choice but to follow this. '' Feng Danying tried to explain.

"Go and call them now and get the money back!" Zhang Muhua said.

“Bu, trust me. We can really make a big profit from this. Even Teacher Sun said so. Besides, this is not speculation. According to the newspapers, we have to develop a planned commodity economy and this is a commodity economy. "Said Feng Yu.

Feng Yu said some investment jargon that his mother could not understand. His mother's anger subsided after Feng Yu promised to call Li Shiqiang to save at least 10,000 RMB immediately.

On the way to the phone of the village office, Feng Danying still scolded Feng Yu: "How can you push everything onto Shiqiang?"

“You are my brother and you are not even his wife yet. Why do you help outsiders! As you can see, Mon and father are not too angry that Brother Li is involved in this. Also, we can actually make money from this. I also need some money to buy you a house in Bing city. '' Feng Yu replied.

"In short, you're a sneaky one and Shiqiang is an honest person who was tricked by you. ”

"Good . I am the worst. Don't forget it's because me, you and Brother Li can meet the old man. "Feng Yu muttered.

In the village office, before the two picked up the phone, the phone rang. It just so happened that Li Shiqiang was summoned.

"Hello. Brother Li? You just met my sister a few days ago and now you miss her? ”Feng Yu joking.

“Xiaoyu, I'm actually looking for you. I just learned that Treasury bonds are more profitable than we expected! ”Li Shiqiang said excitedly.

Eh? What does he mean we can make money from state bonds now?

Feng Yu only considered the issue of trading Treasury bonds and forgot about the maturity value. There are many people who hold 5 RMB and 10 RMB bonds. Some are ripe. Most bonds at that time were 5-year term bonds and there was an annual interest of 4%. This means that when 10 RMB Treasury bonds mature, they will have 12 RMB.

Just like Li Shiqiang said before. When Treasury bonds were issued, they met with a lot of resistance. The government then forced workers in government agencies and businesses to buy these bonds.

Many people even forget that they own Treasury bonds. When they heard that Li Shiqiang acquired Treasury bonds, they came back and looked for their bonds. Only then, did some of them realize that their Treasury bonds had matured.

For these people, going to the bank for a 2 RMB return is troublesome. Over the years, wages have increased. 2 RMB is not worth a trip to the bank.

Li Shiqiang was not very successful when he went door-to-door to buy Treasury bonds. He offered 9. 5 RMB for 10 RMB Treasury bonds and most people refuse to sell their bonds to Li Shiqiang.

Sometimes Li Shiqiang would meet someone whose bond had matured and could be redeemed for cash in the bank. Li Shiqiang will offer the original value for these bonds. He will offer 10 RMB for 10 RMB Treasury bonds. He was able to make 2 RMB when he redeemed at the bank.

Therefore, he called Feng Yu to ask if it was alright this way. He felt that they did not need to wait for Treasury bonds to be publicly traded. Feng Yu was shocked. He did not expect Li Shiqiang to be so smart and flexible. Of course, they can do this business!

In his past life, he also heard that some people also did this. They go from house to house to buy maturing Treasury bonds. For 10 RMB bonds, they will offer 11 RMB. They will only profit from the extra flowers. But this costs a lot.

Feng Yu did not expect that anyone would not go to the bank to make up for the maturing Treasury bonds, and no one would know to change them. There are some who know that their bonds have matured but cannot be bothered to queue up at the bank. Their time is worth more than a very little RMB return.

“Sister Li, you're a genius! We can offer higher prices for bonds that mature in three months. But not for those who mature more than three months! We will wait for Treasury bonds to be traded openly and I guarantee that we can make thousands of dollars every day! "

"What's? Earn thousands every day? Isn't that at least 30,000 RMB a month and over 300,000 RMB a year? ”Hand Li Shiqiang started shaking. To earn 300,000 RM, he had to save all his salary and not spend a single cent for the rest of his life.

In fact, 300,000 RMB was just a part of Li Shiqiang. Feng Yu can earn at least several million! But he had to wait for the city to open up the bond trade. If it were only one city, there would be no difference in market prices.

"Brother Li, how many ties have you gained today?" Ask Feng Yu.

“Er ~ ~ Only about 1000RMB. ”

Feng Yu was silent. One day can only acquire about 1000 RMB of Treasury bonds? How long does it take to get 100,000?

"Why is it so small?" Ask Feng Yu.

"There is no choice . These are all 50 RMB bonds. There are very few large denomination ties. It was cold and I only had a bike to transport. "Li Shiqiang replied.

"There is no choice . These are all 50 RMB bonds. There are very few large denomination ties. It was cold and I only had a bike to transport. "Li Shiqiang replied.

Li Shiqiang had returned the Jeep and had been driving around on a bicycle.

“Brother Li, this is not like exchanging foreign currencies. You can't do it alone. How much can you earn if you do it yourself? Do you have a trusted friend who has time and energy? Ask them to help you acquire Treasury bonds. We pay them 100 RMB a month! ”Say Feng Yu.

Li Shiqiang felt his salary was too high: "100 RMB?" I only make a little over 80 RMB a month! "

“Brother Li, you also mentioned that you still have to work. Where can you find time to do this? You can't miss work every day. Hire them to help you go door to door to acquire Treasury bonds. The rules are what we discussed earlier. Higher prices for bonds maturing within three months, the same price for bonds maturing less than a year and for bonds maturing more than a year later, we offer 95% of the bond value. "Said Feng Yu.

"Good . There's a motorbike factory dormitory behind my house. There were many seventeen to eighteen year olds there. These kids are unemployed and all they do is hang around. I'll let them collect these bonds. If the salary was 100 RMB, they would definitely take the job. "Li Shiqiang replied excitedly.

Li Shiqiang had already started work for less than a year and his position was right below. He did not expect that he could lead a team of people just by doing some small business.

“OK, Brother Li. Ah, ah, ah ~ Brother, don't grab the phone. I'm not done yet . ”