Chapter 28 Investing in Your Brother-in-law

After his cousin and his wife left, Yang Hai told his sister and brother-in-law about his plan to build a new house at home.

It just so happens that the village will carry out new rural construction next year, which will be planned by the town. And because the new rural construction has just begun, Yangjia Village is a pilot village for new rural construction in the town and has many preferential policies.

Unified planning and construction, no need for individuals to go through any approval processes, no need for homestead approval, no need to apply for a building permit, and you don't even need to worry about anything. As long as you pay the money, we will help you build the house, and the exterior walls will be uniformly painted and decorated. After the house is delivered, you can decorate the house yourself.

Of course the four sisters and their husbands were very supportive. After all, the family had to have a house. This was their mother’s home, and it was like their roots.

If there is no house in the village, this old house will soon collapse. If Yang Hai never comes back, they will have no home to return to.

If a new house is built in the village, Yang Hai can come back during the holidays, and they can also go back to their parents' home to take a look.

"I have some money now. If you need money in the future, just tell me. If you want to start a business, I can also lend you money." Yang Hai said after thinking for a while.

He originally planned to give each sister several thousand directly, but after thinking about it, he felt that it was still a bit inappropriate. Firstly, it seemed a bit like alms, and the sisters might not be embarrassed to accept it.

Secondly, how much should we give? How should we give in a fair way?
If the amount of money given is based on the number of children, then the eldest sister will definitely get more, after all, there are four children.

If this is the case, will the other sisters think this is unfair?
If we give each family how much? That seems unfair to the eldest sister. After all, she has four children. Other children get 4 yuan each, but hers can only get 10 yuan each.

In the end, Yang Hai could only tell them that if they needed money, they could borrow from him, and whether they would pay it back or not was a matter for the future.

"And you guys, you all have to study hard. As long as you get admitted to university, your tuition and living expenses will be covered by your uncle." After Yang Hai finished speaking, he pointed at his nephews and said.

"And everyone will receive extra rewards, including jobs after graduation. Your uncle will also take care of them."

"I guarantee you will find a good job, a high-paying job."

"Even after you graduate from college, if you want to start your own business, your uncle will support you in doing so."

My fourth brother-in-law said, "Stock futures are something that can make money quickly if you buy them correctly, but the risks are also very high. If you have already made a lot of money, it is best to stop and invest in other businesses."

My eldest brother-in-law also said, "It is true. I have seen on TV that many stock traders are very proud when they make money, but they are miserable when they lose money and are stuck. Some even lose everything and end up jumping off buildings."

Obviously, everyone was worried about Yang Hai, afraid that he would get deeper and deeper into trouble.

Yang Hai didn't know what to explain to them, he just smiled and said, "I know what I'm doing, I'll stop when I see the best."

"Now I am in Linhai City and have opened an investment company. I can be considered to have my own legitimate business."

"What does an investment company do?" asked the fourth sister.

"An investment company invests in other people's companies. When the companies become bigger and make money, you can earn dividends," Yang Hai explained.

"For example, my third sister and her husband want to open a clothing factory, but they don't have that much money to invest. At this time, I am optimistic about the development prospects of my third sister and her husband's clothing factory. They need funds, so I can give them money to invest. Then how much shares do I own?"

"When this garment factory makes money in the future, I can get dividends according to my shares."

"What if the garment factory can no longer operate and goes bankrupt?" asked the third sister.

“If it goes bankrupt, it means that my investment has failed, and I will naturally lose all my money.” Yang Hai said with a smile.

"So starting an investment company is very risky. You need to have a good vision and be accurate in your judgment." "If I had invested in my third sister and her husband to start a clothing factory, and the factory had established its own brand and grown bigger and stronger, making hundreds of millions a year, then I would have gotten rich too."

"There are definitely risks in doing any business, and the greater the risk, the greater the reward."

"Look at Ah L and Penguin. Are the venture capital firms that invested in them making a lot of money now?"

"The South African Newspaper Company invested a total of only US$3200 million in Penguin, accounting for 46% of the shares. Now Penguin has gone public and has a market value of several hundred billion US dollars. The South African Newspaper Company has earned hundreds of times the money it invested."

"There is also Alibaba, which invested in Yuanyin. Isn't it also making a lot of money now?"

After Yang Hai's explanation, everyone seemed to understand it a little bit.

"Haizi, your sister and I have been working in the garment factory in Minfu Province for more than ten years. To be honest, we are a bit tired of working now, so your sister and I really want to open a garment factory." said the third brother-in-law.

"Do you know why I bought a car? It's because it's inconvenient to run my own factory without a car."

"We have saved some money over the years, but we originally wanted to open a small workshop and develop it slowly."

"If you are willing to invest, we can cooperate. I can also give you shares. That way we will have the strength to get better orders."

"Sure! How much do you plan to invest? How much do you want me to invest? How much share do you want me to own?"

It was around this time that my third brother-in-law opened a small garment factory in Minfu Province.

As for how big the company grew later, Yang Hai really didn't know much about it. He only knew that they made a lot of money later and should have tens of millions of assets.

So you won’t lose money by investing in my third sister and brother-in-law.

Besides, Yang Hai doesn’t care about whether it makes a profit or not. He will support his third sister and brother-in-law in starting their own business even if he loses money.

"Well...I can only invest 500,000 or 600,000 at most." said the third brother-in-law.

"How about you invest 500,000 or 600,000 yuan, and we can take half of it."

"How about this! How much do you invest? I will invest the same amount as you do. I won't take half of your shares either. Thirty percent is enough." Yang Hai said generously.

"After all, this factory will need the two of you to worry about the management in the future. I will only be responsible for the investment, and I will not take care of anything else."

"Okay! Don't worry, I will make sure your investment pays off and won't let you lose money. If I wasn't sure, I wouldn't dare to open a factory myself." The third brother-in-law nodded and said confidently.

"Brother-in-law! Do you have any ideas?" Yang Hai asked his brother-in-law again.

"You don't have to worry about the funding. Just think about what you would like to do if you had money."

"If I had money, I would like to build the second floor of the house first, so that each of the four of them can have a room to live in." said the eldest brother-in-law.

Although my eldest sister built a new house, it only has the lower floor and two rooms, with a central hall on the other side.

The four daughters could not fit in one room, so the eldest sister and her husband had to sleep in the old tile-roofed house.

(End of this chapter)