Chapter 761 Never buy a house!

That's quite a boast... Yu Dazhang simply didn't believe it.

Although he had no concept of the unit "hundred million", he knew that earning that number was by no means easy.

Many people wouldn't earn that much even if they took the risk, let alone 500 million.

"How much money did you invest?" Yu Dazhang asked.

He asked this question in order to expose Qu Tuotuo's lie.

Investing in the stock market requires capital; if you don't have enough funds, you can't make that much money.

"I built my position in batches."

Qu Tuotuo answered very decisively:
"The total investment is probably over 40 million, close to 50 million."

She actually cast so many votes… Yu Dazhang realized he had underestimated her.

They're really going all out!

She's already spending half a small fortune, and that's just her money. If Qu Wannian were to invest as well, the amount would at least double.

But...

Even in a bull market, you probably can't earn ten times the profit.

"Your investment has increased tenfold?"

Yu Dazhang's tone was skeptical, clearly indicating that he didn't quite believe her.

While it's true that you can make money on anything during a bull market, achieving such an astonishing rate of return still seems somewhat unbelievable.

"Yes, even so, I'm still being a bit conservative."

Qu Tuotuo's voice became much lighter when she talked about this:
"If I had been more aggressive back then, the profit would have been more than ten times."

"You must know about sector rotation, right? I select stocks based on the rotation patterns of past A-share bull markets, and I was right."

She assumed that Yu Dazhang must have a thorough understanding of how the stock market works.

Little did they know, Yu Dazhang had never played the stock market before; all he knew was what he had heard from the suspect.

"Tell me more about it."

As he spoke, he glanced around and, seeing that no one was paying attention to him, he felt relieved.

Before the portrait was completed, Yu Dazhang had nothing else urgent to attend to, so he could take a short break during this free time.

Making a phone call with Qu Tuotuo is also a way for me to clear my head and relax.

"Initially, it was a general price increase, with little difference in the rate of increase across different industries."

Qu Tuotuo slowly began to speak:

"This is also the stage where the bull market is laying its foundation. The main goal is to seek stability, so I bought heavyweight stocks such as banks, real estate, and military."

She paused briefly, then continued:

"After making my first profit, the stock market entered a confirmed bull market phase, which was after October. I then chose to switch my stocks to second-tier blue-chip stocks."

"I just finished switching stocks, and second-tier blue chips have broken out across the board, leading the stock market."

At this point, Qu Tuotuo's voice rose slightly:
"Then came the sector rotation, which was in January of this year, when I switched my stocks to traditional industries and bought a lot of steel, coal, non-ferrous metals, etc."

Finally, she concluded:
"Later, I switched to a different theme stock. I can't say that every operation was precise, but generally speaking, my choices were correct."

There's a lot more to this than meets the eye... Yu Dazhang listened, completely bewildered.

Now he is gradually convinced that Qu Tuotuo was not exaggerating.

That's five hundred million!

One careless remark he made while drunk allowed Qu Tuotuo to earn so much money.

It's important to understand that this isn't group revenue; this money is entirely her personal asset.

When do you have time?

Qu Tuotuo, not hearing a response from Yu Dazhang, continued:
"Let's go look at some houses. It's about time we bought a house for our wedding, so we can start preparing early. Do you think a villa or a large apartment is better?"

None of them are good... Yu Dazhang muttered to himself.

As someone who was reborn in 2024, he certainly knows the future trends of the real estate market.

Buying a property now would be a huge mistake. As the stock market rises, property prices naturally follow suit, and by 2015, the property market had already reached its peak.

It's often said that the housing market started to decline in 2021, but that refers to national housing prices.

In fact, many cities began to decline as early as 2017. Although first-tier cities did not show obvious signs of decline, they also experienced a situation where there were prices but no sales.

"Forget about buying a house."

Yu Dazhang directly refused:

"Buying a house now is not as good as buying gold. If it's a necessity, we can rent first and wait for the prices to drop."

He knew very well that the stock market and real estate market were not suitable for investment in the next few years, and buying gold was the safest option.

In 2015, the price of gold was only a little over 200 yuan per gram. You could buy it and leave it untouched, making money effortlessly.

"Oh dear, why buy gold?"

Qu Tuotuo was displeased and reminded him:
"When I say buying a house, I mean a house for our marriage. You don't want to maintain this relationship forever, do you? Besides, newlyweds definitely need to buy a new house, and it's not like we don't have the means."

Getting married now is a bit early... Yu Dazhang isn't ready to get married yet.

He's just too busy with work; he doesn't have any extra energy right now.

"Could we buy a motorhome first?"

Yu Dazhang said in a consultative tone:
“I’m busy like a spinning top all day long. Sometimes I don’t even have time to go home and sleep. Having a motorhome is much more convenient, and it also gives you a place to stay when you come to visit me.”

After seeing the RV that Gu Dingwen was riding in, he had the idea of ​​buying one himself.

Having a place to stretch out and sleep anytime is undoubtedly the best perk for him.

"Buying a motorhome?"

Qu Tuotuo clearly hadn't expected him to make this request, but she only paused for a moment before replying immediately:

"Sure, what kind?"

"You don't even understand this?" Yu Dazhang immediately became smug upon hearing her agreement.

"It's the kind that Chennault sits in."

He made a joke, then quickly added:

"Anything around 100,000 will do. I just want to buy it for temporary rest."

The RV that Gu Dingwen was riding in clearly belonged to a high-end brand. He felt that it was unnecessary to buy such a good one for just a temporary rest; a regular one would be fine.

Are there RVs that cost over 100,000 yuan?

Qu Tuotuo's questioning voice came through the phone, sounding like she was both asking him a question and muttering to herself.

After a moment, she spoke again:

"You don't need to worry about buying a car. I'll deliver it to you once it's purchased."

After a pause, Qu Tuotuo added:
"Remember to call me when you're done. I won't disturb your work anymore."

She hung up the phone after saying that.

"Don't buy a house!" Yu Dazhang shouted into the phone.

As soon as he finished speaking, he heard a busy tone on his phone. He didn't know if Qu Tuotuo on the other end of the line had heard him.

If you've earned over 400 million, you wouldn't mind spending the money on a house.

But don't forget, this is Songhai, one of the top-tier cities in China.

Buying a decent luxury house here costs over 100 million, which is normal. If you want to buy a really good one, even 500 million might not be enough.

Once the "Shanghai Nine Measures" are released in 2017, the market downturn will begin, and it will be too late to regret it then.

Just as Da Zhang was debating whether to call Qu Tuotuo again, his gaze was suddenly drawn to a detail in the surveillance footage.

At this moment, Xia Bin, who was on the monitor, was concentrating on drawing the portrait, and the general outline of the painting was already clearly visible.

Moreover, the character's facial features were basically depicted. Although they had not yet been given any spirit, Yu Dazhang felt an inexplicable sense of familiarity with the face.

The person on the canvas seemed familiar; I felt like I'd seen them somewhere before.

(End of this chapter)

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