[020]2. It is too much to call it seed money.
“President. “In whose name is this land?”
“Who is it? It’s Dojun. why? Because of gift tax?”
“Seeing the president’s expression makes me feel relieved. haha.”
“hey! How much does that cost? “It’s a gift I’m giving to my youngest grandson. Are you afraid I’ll miss out on taxes?”
A face that looks infinitely better.
This is not an expression that comes out simply because you have made a profit of over 100 times. This is the expression you get when you discover a huge treasure.
Lee Hak-jae thought that the change in the Chairman’s mind would be profound due to this incident.
Clear judgment, bold drive, diverse perspectives, groundbreaking ideas… . These qualities are the virtues of a very good manager.
However, it is difficult to find these qualities in the young 12-year-old Dojun. However, we can only get a glimpse of its potential.
What Chairman Jin assures his young grandson is that he possesses an incredible weapon called luck.
All I did was point my finger at the map of the metropolitan area. As a result, there is no explanation other than luck for earning profits exceeding 100 times more.
Skill and effort cannot surpass or overcome natural luck.
“What do you plan to do now?”
“Why?”
“If it is a confirmed new town area, land compensation will be paid, and if it is a surrounding area, it will be a land of gold… … .”
“That money belongs to Dojun. “I can’t take it away from you again.”
“I’m not saying we’re going to take it away, but shouldn’t we be using that money? “It will be a great asset to Dojun in the future.”
“I? why me? This is a guy who has doubled his fortune in just one year. Much better than me.”
Chairman Jin waved his hand as if it were no problem.
“then… ?”
Are you really thinking of entrusting that much money to a child?
Hakjae Lee was on the verge of sticking his tongue out.
“Let’s just teach you the basics and leave it at that. “I wonder how much luck that guy has.”
Lee Hak-jae, who is quick at calculating, has already made the calculation. The land compensation alone is at least 16 billion won and up to 20 billion won.
This is close to the annual salary of 4,000 new college graduates.
Of course, it may not be a lot of money for Chairman Jin. Even so, the amount is too large to throw away just to try the grandson’s luck.
Does this mean that we expect this amount of money?
* * *
On April 27, 1989, everyone who had any spare money rushed to Bundang and Ilsan.
The government’s announcement of a new city was no different from releasing a treasure map. It is only a matter of who gets it first, it is a clear fact that land prices are soaring, and the question is how far the remaining will soar.
National compensation is all that is required for land for new town development, but there is no end to it around residential land. No one knows how far it will rise.
The land owners’ dissatisfaction with the land compensation sparked a mass protest, but it was finalized from a minimum of 110,000 won to a maximum of 700,000 won.
Chief Secretary Lee Hak-jae cleared the land on behalf of the chairman’s grandson.
Then, he went to Jin Yoon-gi’s house with a bank account containing a large amount of money.
“Yoongi. A long time.”
“older brother. Why did you come home… … .”
“What? “Isn’t this a welcoming face?”
Lee Hak-jae did not lose his smile as he shook hands with Jin Yoon-gi.
He is the only one in this family who calls himself older brother. Jin Yoon-gi’s brothers act like they are the masters.
He was the most affectionate person, but he was also a sad person.
“Are you here? Manager?”
“As expected, Jesu’s beauty is still the same, I see.”
Hakjae Lee gave her a routine greeting and caught her as she was about to put down her coffee and leave.
“Mr. Jesu, please sit down for a moment. “I have something to tell you.”
The two people seemed a little nervous because Lee Hak-jae laughed.
“It’s not because of anything else, it’s because of Dojun.”
Both people’s eyes widened when their son’s name was mentioned. Lee Hak-jae spoke quickly before the two people could be more surprised.
“It’s a good thing, so you don’t have to be surprised.”
After reassuring the two people, I told them in detail about the ranch, which ended up surprising them even more.
“what? One hundred and four billion? oh my god! How could that happen… … .”
Jin Yoongi was so surprised that he couldn’t speak, but his wife seemed more embarrassed than surprised.
Well, the surprised and embarrassed expressions were similar, so Lee Hak-jae didn’t pay much attention.
When she delivered the land document she had kept to Chairman Jin’s secretary, she knew that the land was for sale, but she would not have imagined that it would be for such a large amount of money.
“It’s 60,000 pyeong in compensation. There are still 20,000 pyeong left, but my estimate is that the price will rise to about 10 billion won. “We plan to dispose of the land at that time.”
The two people’s eyes grew even wider.
“Anyway, the chairman was very satisfied because he gave the ranch as a gift with a light heart, but it turned out to be a huge amount of money.”
“older brother. “What does your father say?”
“He said he would leave it to Dojun because it was the money.”
“Does that make sense? Aren’t you only in 5th grade now? How dare you entrust such a large amount of money to a child? Just tell them to take it back.”
“honey.”
His wife holds Jin Yoon-gi’s wrist and quietly stops him.
Although he didn’t show it, Lee Hak-jae was secretly surprised.
This was a woman who always calmly revealed her presence. It was truly surprising to see such a woman as being greedy for her money.
“What are you taking so seriously? Why not just put it in the bank? “That’s all a child can do anyway.”
Lee Hak-jae seemed to know what Jin Yoon-gi was afraid of. Has he seen a life or two ruined because of money?
At this time, an unexpected sound came out. From Jin Yoongi’s calm wife.
“honey. Maybe this money will be all Dojun can have. Now, your father thinks Dojun is cute, but don’t you know your father’s whims? “You never know when you might be pushed out of the spotlight.”
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Hakjae Lee felt the sincerity in her desperate expression. She is not greedy for money, but she does not want to miss out on insurance that may be the last for her children.
Jin Yoongi has never beaten his wife even once. It’s the same this time too.
* * *
“Of course, Dojun, this is a lot of money that is hard to realize.”
This guy is misunderstanding.
You would think that I did not understand what I was saying as I was silently blinking while holding the bankbook in my hand. I’m just calm because I know it’s coming.
but… … .
Based on common sense, is there any way for a 12-year-old to estimate the absolute size of money?
“So what happens to my ranch?”
The first question should be childlike.
“I have no choice but to sort it out. Because the country needs that land. “You can move the horses there to Jeju Island or build a ranch somewhere else.”
Now I’m learning the fun of horseback riding… I guess this is the end of playing with the son of a chaebol family.
Since the seed money for the next step has been prepared, real estate speculation is over at this point. There is no time to bury money in the ground and sit back and wait.
“What do you want to do with that money?”
Lee Hak-jae’s finger pointed to my bank account. I could see a hint of curiosity in her eyes. But you can’t reveal your plans to satisfy that curiosity.
“It was said that money was saved in the bank.”
Isn’t this answer also childish?
“okay. Put it in the bank until you grow up. safety.”
The two words ‘safety’ seem scary.
It sounded like a guy who pursues safety and wants comfort cannot be the captain of a cruiser group.
The current bank interest rate is a whopping 10%.
If you calculate it with compound interest, it will increase at a scary rate. Doubling is an instant. But I’m not a fool to be twice as satisfied.
Hakjae Lee patted my head once and left.
When I couldn’t hear his footsteps, I looked at my bank account again.
One hundred and four billion!
There is still more money coming in. At the market price 30 years from now, it will easily be over 100 billion won!
“Kuh, keuh…” … .”
The laughter I had been suppressing burst out. And she jumped like crazy on the bed.
No matter how many times you see it in movies and how good it is, isn’t it overkill like that? I thought so, but this reaction was realistic.
It felt so good that I couldn’t stop jumping, so much so that the bed fell down.
“omg-!”
The sound of stairs suddenly heard.
I quickly got off the bed and ran to the desk.
As I opened my book and pretended to study, my parents came in.
“Dojun. “Would you like to talk to your dad?”
I’m sure they’ll bring up the topic of money, but I’m a bit at a loss as to how to bring it up.
I am an adult… . No, my parents are the only people who can help me with my long-term plans, at least until I get rid of the label of a child.
You have to ask for that help, but it’s not easy.
“Did you hear the story from Uncle Hakjae?”
“yes.”
I handed out the bankbook I was holding, but my parents did not accept it.
“What did you say you were going to do?”
“I told you I was saving at the bank.”
The two seemed relieved. Maybe he thought he was just worrying about nothing. Is there anything more a child can do than save money?
“for now… … .”
The two people’s expressions changed at the last words I spoke. For now?
“for now?”
“why? Is there anything you want to buy?”
“no. “My mother buys everything I need.”
“But first of all, what?”
“honey. Let’s listen to what Dojun says until the end. “What do you want to do?”
My father smiled and held my mother’s hand. She was urging me not to be anxious.
When their eyes turned to me again, I smiled and spoke slowly.
“Father and mother.”
The two of them just look at my mouth.
“if… . No, not if. “What do you two want to do with this money?”
When I saw my parents more surprised than I thought, I thought it was a disaster.
Should I have been more careful? Or should I have taken time to find out more slowly?
I felt like I was in too much of a hurry because I was excited about the money.
I just wanted to know what you two thought… … .
My father looked at me with a stern expression for a moment and then left the room without saying a word.
When my mother saw that, she let out a short sigh and held my hand tightly.
“Dojun, dad isn’t angry. “You’re just a little surprised.”
Do you think you’re angry?
I’m a bit surprised.
I had nothing to say so I lowered my head slightly and my mother stroked my back.
There was silence like that for a while.
To avoid any awkwardness and ease my mother’s concerns, I opened my mouth first. I also had some questions.
“mother.”
“okay.”
“if… … . “What happened to what I told you last time?”
“huh? “What do you mean?”
“Is it Ilsan? New city… ?”
The mother’s momentary surprised expression speaks volumes.
aha! You bought some land.
done. I don’t know how much I bought with cheap money, but I will feel reassured because I will have a lump sum of money that is more than my emergency fund.
Whether you are a man or a woman, having heavy pockets makes you feel at ease. It would be great if this made my mother’s face brighter.
“ah… . that? no. “Her mom doesn’t care about that so she just ignores it and she’s already forgotten.”
“yes. okay.”
I thought it was a natural reaction since he is not someone who talks lightly about buying land to a child.
Anyway, since trying to sneak a peek failed, I’ll have to try another method.
What should I do?
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