Stay Home Daddy: I Was Reborn After My Daughter Passed Away
Chapter 824: Eight hundred and nineteen The teaching of economics

Chapter 824: Eight hundred and nineteen The teaching of economics

He didn’t understand why Gu Chen was getting so many office buildings.

If all he really needed was a space, why not just rent an office building?

Buying an office building and renting one, the cost difference between the two was not small at all.

"Chairman, take it easy. What if the real estate prices fall?"

At this time, he was also carefully reminding Gu Chen.

Renting an office building means I wouldn’t have to worry so much, while buying one could very well face such a risk.

"Real estate prices might fall, but they will surely appreciate in the future. If you have money and don’t know how to invest it, just buy some properties," Gu Chen reminded him at this time.

He had never mentioned such things to anyone else, only to him.

However, it was clear that Old Zhang didn’t quite understand even after Gu Chen explained it.

But over time, Gu Chen’s judgments had never been wrong.

So at that moment, he was certain that Gu Chen hadn’t deceived him.

That meant if such a situation were to occur, real estate would indeed appreciate in the future.

"All right, I’ll spend more money and buy more properties lately," he said without hesitation.

Gu Chen then kindly reminded him again, "If possible, it’s best if all the properties you buy are mortgaged. You need to leverage the economic leverage."

If buying properties, the best way is through loans.

For example, even a twenty-year loan is quite suitable now.

Because the money needed to be repaid now will be insignificant in twenty years.

And this is what’s called economic leverage.

In economics, this isn’t something out of the ordinary at all.

However, it was obvious that even such a basic concept was still beyond his understanding.

It was clear that Old Zhang really had no knowledge in this area, you might even say he was completely clueless.

"Okay, I’ll study up on this more in the near future," he said.

Although Old Zhang had little education, he had one advantage—he was very willing to take advice.

After Gu Chen finished speaking, he didn’t show the slightest hesitation.

To him, it seemed that he completely trusted Gu Chen with no opinions of his own.

Seeing him like this, Gu Chen felt quite relieved inside.

After all, taking advice can lead to a full belly. As long as Old Zhang trusted him, he would surely make a lot of money in the future.

"By the way, let me remind you of one more thing. There’s no need to buy a car right now, but as for license plates, I think you can keep them. Such items won’t depreciate in the future," Gu Chen reminded him a bit more.

Cars are consumables, and no matter how expensive they are now, they will be worthless in the future.

But license plates are different, similar to phone numbers, they retain their value.

Although they wouldn’t make a fortune, such items won’t be easy to buy and sell in the future.

For example, it can be very difficult to purchase certain sought-after plate numbers.

Aside from license plates, in a few years, it’s also good to pay attention to phone numbers.

Special mobile numbers have their status, and the prefixes from today’s numbers are unique.

If you buy a special number from this era, it’s easy to obtain a very striking one, and such series of numbers will also be valuable in the future.

At that moment, Gu Chen mentioned these things to Old Zhang.

Old Zhang almost wanted to jot it all down in a notebook, nodding continuously.

For him, everything Gu Chen was saying now was a point of knowledge.

The two of them talked briefly about business opportunities in the office.

Essentially, Gu Chen shared potential major trends for the future.

However, sometimes what Gu Chen could easily comprehend, Old Zhang might not.

After all, he had not experienced these things firsthand.

It’s like that gaming company—if any investor were faced with the decision now, they might hesitate.

Because they hadn’t seen the massive profits brought by the real boom of online gaming.

Instead, they’d think these speculative funds and companies aren’t pursuing serious business and wouldn’t become mainstream.

This is the gap between eras, not just limited to superficial knowledge.

All the things Gu Chen told him now were for his benefit and not tainted by personal gain.

After hearing all this from Gu Chen, Old Zhang grasped part of it.

He understood what Gu Chen was trying to convey,

and he had genuinely learned a little bit.

Without Gu Chen, he might not have reached where he was today. He firmly believed in Gu Chen, just like when they first met in the internet café.

For Old Zhang, meeting Gu Chen was fortuitous in three lifetimes.

If not for incredibly good luck, how could such a life-changing opportunity have come his way?

"Chairman, I’ve really learned a lot today. I didn’t realize you knew so much about so many areas before," Old Zhang sincerely said after nearly three hours had passed.

He didn’t expect Gu Chen to be such a conversationalist, discussing topics from every corner and every industry with ease.

Be it the medical field or the construction industry, the physical economy of the internet, he could speak on them eloquently.

Even when Gu Chen started discussing various new energy vehicles and electronic devices, Old Zhang had difficulty understanding.

For him at the moment, these things were still a bit beyond his comprehension, and he didn’t believe they could be realized.

For instance, Gu Chen suggested that in the future, communication between people might not be so complicated.

A phone call would be enough for real-time hearing of each other’s voices,

and direct video face-to-face communication would be possible.

Furthermore, everyone could gather together online,

say whatever they want, and all kinds of complex functions could be achieved with just a small phone.

Of course, Gu Chen didn’t definitively say this was how the future would be,

but just suggested it as a possibility. However, Old Zhang was clearly somewhat skeptical.

How much he could understand and believe was beyond Gu Chen’s control. He was just trying his best to teach Old Zhang how to foresee the future.