Back To The 80s: President's Doted Wife

Chapter 1169: Chapter 1170: She Didn’t Lose Out

Cheng Yaozong felt a bit helpless about Cheng Su’s persistence. He didn’t expect her to be so stubborn, so he said, ”Why don’t you reconsider?”

Cheng Su nodded.

After leaving Cheng Yaozong, Ning Ge said to Cheng Su, ”Actually, I also think Cheng Yaozong makes some sense. Cash flow is very important. Do you want to think about it again?”

Cheng Su laughed and said, ”I know, but don’t forget, our funds are borrowed from the bank, not taken from our own account. In other words, we took a sum of money from the bank’s pocket to make an investment. In return, we will pay a little interest, both parties are willing. Do you think we really need this cash flow back so badly?”

To put it plainly, it’s like someone else giving her money for another investment, and she just needs to pay a little more back. Besides, the debt repayment period is quite long and the interest rate is so low. Why not?

If the money was taken from the store’s cash flow, it would be a different story. After all, if the business is running and the cash flow stops, it’s like the business stops too.

Ning Ge was stunned. He found himself speechless at her explanation.

”So, this is decided?”

Cheng Su nodded and said, ”If you’re in urgent need of money, you can buy another plot. You don’t have to look at the piece I’m interested in.”

”The business I keep doing is just jam and restaurant investments. Why would I be in a hurry for this money?” Not to mention, his real intention wasn’t even to do business. Maybe in a few years, he would switch to somewhere like National Security!

”Wherever you buy, we’ll follow you. In my opinion, it’s best to have them connected. Even if we sell it in the future, it would be easier to sell if it’s big enough.” Ning Ge said with a smile.

Cheng Su raised an eyebrow, thought about it, and said, ”That works.” Anyway, if they made money, they would split it half-and-half.

The Cheng family.

Old Master Cheng already knew about Cheng Su’s intention to buy land and was quite concerned, so he asked Cheng Yaozong about the progress.

When he heard the location Cheng Su wanted to choose, Old Master Cheng was taken aback. He put on his reading glasses and took out a map of Guangcheng to look at it.

Cheng Yaozong stood beside him, pointed out the location, and showed him Cheng Su’s marked diagram.

Old Master Cheng looked at it again and again, pondered for a while, and then asked, ”What did she say?”

Cheng Yaozong recounted Cheng Su’s explanation and said, ”She has some skills, but she’s still too young. In business, cash flow is very important, yet this girl seems a bit disobedient. I think there’s an eighty to ninety percent chance she’ll buy this plot. By the way, their money for buying the land is borrowed from the bank.”

When Old Master Cheng heard the words ”bank loan,” he took off his reading glasses and said, ”Don’t underestimate her. This girl is not stupid.”

Cheng Yaozong was startled, ”What do you mean?”

”Is she buying this land with her own money? Did she pull cash flow from the business? By getting a loan from the bank, it’s like using the bank’s hand for her investment. A few years back, the country encouraged interest-free loans to the public. That’s no longer sung today, but there are low-interest loans. So, all she has to do is pay the bank a little extra sweetener, and she gets a piece of land with her name on it.” Old Master Cheng stroked his gray beard and said, ”As you said, she’s employing the concept of waiting to sell rare goods for a good price, yet it doesn’t affect her business at all. You say, did she lose anything? She hasn’t lost a penny! It’s like extra idle money being invested, without urgent need, so naturally, she can wait for it to develop.”

Old Master Cheng grabbed the point diagram drawn by Cheng Su and handed it back to him: ”Maybe you can show this to your elder brother for reference.”

Cheng Yaozong stared blankly at the paper in his hand and asked, ”Dad, should we also employ the strategy of holding rare goods for a high price?”

”Certainly!”