Tycoon: I can see the goddess's wish list novel Chapter 529

Chapter 529: 527, a new storm, has already appeared!

Tangya shook her head. "Do you know what the essence of bank profitability is?"

"I get it!" Luofeng said. "Your bank makes money from the interest spread—low interest rates for savings account customers, high interest rates for loan customers—and then you earn the difference, right?"

Tangya nodded affirmatively. "That’s correct!"

"Our bank offers your family 2.5% per year for six years! That’s a total of fifteen percent interest, amounting to a full 300 million Yuan. It looks like we’re guaranteed to profit from your deposit, but theoretically, for the bank, it’s a loss!" Tangya said.

Luofeng nodded in understanding.

Theoretically, the bank would lose around 30 million Yuan on this deal.

But in reality, that wouldn’t happen.

Because hardly any depositor would deposit a lump sum for six years, let alone 2 billion Yuan in funds.

The bank would still make money.

A large number of retail customers provided their opportunity to earn.

And with 2 billion Yuan in funds, the bank had a lot of money. Lending it out or investing it was, for the bank, a way to preserve its value, similar to how ordinary people buy houses to hedge against inflation!

Even though the profit margin on such a large, fixed deposit might be slimmer.

But if it’s stable and can be recouped, what was there to fear?

Keep in mind, one could offload 2 billion Yuan in funds all at once, and have that 2 billion Yuan maintain its value!

"Mom, you work so hard, and yet this doesn’t count for much in terms of performance?" Bai Ningbing said sincerely.

Tangya said, "Actually, it’s okay. I’m not after a high income, so naturally, I won’t be too tired!"

Half-jokingly, half-seriously, Luofeng said, "Aunty, if I need a loan in the future, I’ll contact you!"

"Sure, I will help you to the best of my authority!" Tangya promised.

"What if the amount is very high?" Luofeng asked.

"How high?"

"Tens of billions!" Luofeng said. "Previously, we mainly cooperated with banks in the Capital City. We’ve had two loans, both around 2 billion Yuan, at an interest rate of 0.8% for a ten-day loan period!"

Tangya exclaimed, "A ten-day loan period?"

"Yes, it can’t be helped. Short-term interest rates are very high. For example, when renting a house, the price for a one-year lease is different from a one-month lease," Luofeng said with a smile.

"Is there collateral?" Tangya asked. "Or is it purely a credit loan?"

"Of course, there’s collateral, and its value is definitely at least 2 billion Yuan!" Luofeng said.

"Then the person who handled it must have been overjoyed," Tangya remarked thoughtfully. "For this kind of ultra-short-term loan with sufficient collateral, our bank internally often doesn’t calculate interest for the depositor whose funds might be used, and we offer a particularly high commission rate to the handler. My guess is at least around ten percent, right?"

Luofeng was surprised. "So that’s around 1.6 million Yuan?"

"Yes, but such customers are almost non-existent. I, for one, haven’t seen any in more than ten years. I’ve only heard of it from you this once!" Tangya said.

Luofeng smiled and replied, "Then the next time I need a loan, I hope Aunty can help handle it!"

"No problem!" Tangya readily agreed, secretly looking forward to the next time.

「Around two-thirty in the afternoon.」

After finishing the last slice of apple, Luofeng spoke up, "Baby, shall we go check out the Guojin Center?"

Bai Ningbing first glanced at Tangya beside her, then glared at Luofeng with a playful fierceness. She loved Luofeng dearly and liked it when he called her Baby, or even "Wife," but to do so in front of Mom? Wasn’t Luofeng being a bit too bold?

The main reason was that Tangya didn’t want to stay home alone. She often stayed home alone. Now that she finally had a holiday, she also wanted to go out and about.

And the timing was just one month from now? Quite interesting. Could he make money from this information? Absolutely! Even with the most conservative approach of investing in paper gold, at a price of around 345 Yuan, the minimum profit would be thirty percent, wouldn’t it? What if he chose futures? Just add a little leverage. Then it wouldn’t be as simple as just thirty percent, would it?

But gold futures have an issue. This special information only stated that the gold price would reach 450 Yuan per gram on February 24th; it didn’t include a clear trend chart.

Luofeng then checked today’s gold price: it was 343 Yuan per gram. A slight drop? That was the problem. There was no detailed trend information. What if it dropped too much in the meantime? With futures, if you were force-liquidated, what could you do? Just watch as your money vanished? All your capital would be gone. After all, futures trading operated on a margin system and often involved leverage. If the price of gold dropped too much, your money would be wiped out. The risk was that while waiting for the price to hit 450 Yuan, you’d run out of funds and not make it to that point.

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