Fang Bai's home had accumulated nearly 400,000 in cash, mostly in ten-yuan notes.
A thousand ten-yuan notes weigh approximately 900 grams.
If all 400,000 were ten-yuan notes, it would weigh thirty-six kilograms.
Fang Bai watched his parents smiling as they sat on cardboard, sorting the banknotes one by one.
Now, they were accustomed to seeing so much money, and their expressions were calmer.
Liu Fengqing really enjoyed counting money; it wasn't because she was obsessed with money, but because earning money used to be difficult, making her feel that money was hard-earned.
Now, she was tired from counting, but still very happy, stacking each bundle of money neatly.
She even specifically bought sealable transparent small plastic bags to put one bundle of money in each bag and seal it to prevent dampness and mildew.
"With so much money, if it's not used for a long time, it really will get moldy. I heard that a Boss in Wen City had too much paper money, and it got damp and rotted because he didn't store it properly. It's true, the more money you have, the dumber you get if you don't understand such a simple principle." Liu Fengqing said, while sorting the money, reminding her son and husband, a triumphant smile on her face, believing herself to be quite clever.
Fang Shi said, "I'm willing to be dumb if it means having a lot of money."
"You're already dumb, and I haven't seen you earn any money. Your dumbness is useless." Liu Fengqing rolled her eyes, then looked at her son, full of pride, "My son is amazing, my son."
"You're not dumb, yet you still married me."
"I didn't know back then, and even if I did, it wasn't up to me to agree."
Fang Bai heard his parents bickering about old trivial matters again and directly interrupted them, saying they should quickly resolve the current issue.
The small denominations and excessive amount of money were causing a headache; transferring wealth in the future would be extremely troublesome.
"Dad, Mom, the cash at home is increasing, and the storage risk is too great.
We should deposit large denomination notes and find a way to exchange ten-yuan notes and smaller denominations for larger ones."
Liu Fengqing slapped her thigh in agreement: "Yes, keeping it like this isn't a solution. It's getting more and more, and I can't sleep well at night. We need to deposit it in the bank. Which bank should we choose?"
Fang Bai suggested, "Deposit a little in each bank, and each person deposits some to spread the risk. Don't deposit in small banks."
"Okay, I'll listen to you." Fang Shi felt it made sense, "Son, should we buy that house from them?"
The money was earned by his son, and now his son was the financial manager, so what he said counted. He had strong opinions on some matters.
Over these days, Fang Shi had come to respect his son's opinions more and had also found that some of his son's actions were much more prudent than his own.
"A shop-front house, that must cost a lot, right?" Liu Fengqing asked, genuinely hoping they could buy it.
No matter how much money they earned, she still felt a little unsettled; what if it was stolen, or burned, and everything was gone?
In comparison, a house was a big deal for a lifetime, much more secure; it just stood there, and no one could steal it.
Fang Bai looked at his parents, knowing their thoughts, and after a brief consideration, said, "Then I'll ask the landlord if he's selling the house. If the price is right and the property rights are clear, we'll buy it. We'll find a lawyer to draw up the contract.
Of course, there are so many houses nearby, we don't necessarily have to buy this particular one."
At present, the property certificate system was not yet widely implemented. It was only in 1998 that China began piloting the housing property certificate system, which was officially implemented in 2001.
During this period, property ownership in China was primarily confirmed through "right of use certificates," "contracted land certificates," and other means.
The house Fang Bai currently rented was a self-built house, but unlike self-built houses in rural areas, it was on urban planned land.
After the landlord bought the land, he obtained a land deed certificate, and then built the building himself, having independent property rights.
If there was a transaction, there would be a transaction contract and a land deed, but no property certificate, nor did it require approval from the village committee like in rural areas.
The sale was legal and legally binding.
In a few more years, the empty land behind the shop would be developed into a commercial city, attracting a large flow of people and having appreciating value, making it worth investing in.
Of course, it was not cheap at the moment; such a planned two-story shop-front house, even if the pedestrian traffic wasn't great, would probably cost twenty to thirty thousand for one unit.
Currently, the land itself wasn't worth much, but building the house cost a lot more.
For Fang Bai's current wealth, spending twenty to thirty thousand yuan to buy a two-story building with a shop front was worthwhile.
After buying it, even if they stopped selling televisions, his parents could run other businesses.
If they lacked funds, they could use it as collateral for a loan.
For Fang Bai, buying the house, if it was his own, would make it easier to hoard large amounts of cash.
Both of these buildings belonged to the same landlord, and if possible, he wanted to buy them together.
If funds were more abundant, they could renovate a bit to live more comfortably, and it would also be convenient for his sister's schooling; the old house back home wouldn't need to be rebuilt.
As for speculating in subscription certificates, over a million in funds would be enough to play with.
No matter how much money he had, he dared not buy too much and monopolize the market; if policies changed, he would truly regret it to death.
He had to control a certain amount!
It wasn't that having a lot of money meant he could act recklessly; he had to try not to affect the historical trajectory.
The current earning speed was slightly beyond his plan; it was hard work, but quite satisfying.
Unlike later generations, working themselves to death with 996, earning a few thousand yuan in salary, where college students were treated worse than dogs.
The family had just finished talking when the electricity finally came back on.
Fang Bai gave his parents fifty thousand yuan each, instructing them to deposit it in the bank, with one or two tens of thousands per bank being sufficient.
The money was still at Fang Bai's disposal, so this wealth was still his, and the wealth figure on the system would not change; this was recognized by the system.
However, if he mentally defaulted to transferring it to his parents, then his personal wealth in the system would decrease.
The next day,
In the morning, the family worked as usual, and Fang Bai read whenever he had free time.
At two in the afternoon, the family went to several major banks to deposit money, spending a lot of time and depositing a total of 150,000 yuan.
Fang Bai had also considered buying some gold, but then decided against it, as the money would be needed for other uses very soon.
Taking advantage of the remaining time in the afternoon, Fang Shi went to the Industrial and Commercial Bureau and retrieved the company's business license, which had been processing for many days.
The company name was "Wen City Star Sea Home Appliances Company," and its business scope included household appliance sales, repairs, etc., with him as the legal representative.
The registered capital was 100,000 yuan; the staff said it couldn't be registered if the declared amount was too low.
The name was chosen by his son; he originally wanted to pick one from "Aihua," "Jinshi," or "Fukang."
However, "Xinghai" was quite pleasant to hear.
His son said, "Quality establishes the world, Star Sea enters thousands of homes; sharing the stars and the sea, co-creating a beautiful life."
Listening to his son's explanation, it seemed plausible.
When he went to pay the stall tax, there were many tax categories on the form that he didn't understand.
Holding the business license, he went to the second floor and saw his son reading. He walked over and said softly,
"Son, the company's business license is back. Should I hang it downstairs?"
"Yes, just hang it in the shop on the first floor. People from the Industrial and Commercial Bureau sometimes come to check." Fang Bai was reviewing his studies and saw his father approaching with a plastic frame and a piece of paper in his hand.
He was curious about business licenses from this era and picked it up to look. The template was standard printed text, but the content was all handwritten, not electronic.
In the upper right corner of the license, there was a black and white photo of his father.
"Dad, you're a big company Boss now."
"Haha, my son is the little Boss, and your mom is the Boss lady." Fang Shi laughed heartily, feeling a great sense of accomplishment because he was involved in this company.
Most of the factories, big and small, in Wen City were started by families.
"It's just that there are no formal employees, only part-timers. We are the three commanders."
"Then we'll start from scratch. The factory next door doesn't even have as many workers as we do."
After showing off to his son, Fang Shi left his bedroom, happily picking up the business license again to admire it. This item had to be kept safe; it might just become a family heirloom.
Moreover, his son was right; nominally, he was the company Boss now, and it was perfectly fine for others to call him "Boss Fang."
Arriving at the shop on the first floor, Fang Shi hammered an iron nail into the middle wall and hung the business license in the most conspicuous place.
In the future, he would even have to burn incense and worship it, praying for prosperous business.