Reborn in the Millennium: Building a Fortune from Fishing

Chapter 600 Aluminum Alloy or Fiberglass Fishing Boats
Qin Dahe pondered that this method did not require a high-performance yacht; if they encountered bad sea conditions, they could simply board the nanny boat to take shelter.

He made 2.65 million from selling his shares this time, which is enough to buy a cheap yacht to play with for now.

Then I can just join the fishing fleet and go out to sea for fun.

Normally, you can also travel to various large lakes for fishing via the Yangtze River. The inland waters are calm, and even the less luxurious boats can provide a comfortable experience.

"Holy crap, that's an awesome idea."

On the other end of the computer, Wenwen's eyes lit up when she heard this.

Although nanny boats are large, they are much cheaper than yachts. A second-hand steel boat is sufficient; the main expense is adding equipment.

"When we go to the open sea, we can also collect the catches from other types of boats to subsidize the round-trip fuel costs. It would be best to set up a club."

"Okay, go on, I'll remember."

"Ce, I was just saying that casually." Qin Dahe lit a cigarette, both amused and exasperated. This bastard doesn't use his brain at all.

After thinking for a moment, he continued, "There shouldn't be too many shareholders in the club, and the ownership of the yachts should be separate. If other yachts want to go out to sea with us, they need to purchase a supply license, which is equivalent to paying a protection fee to obtain the right to supply."

"If it operates successfully, based on the consumption patterns in Shanghai, it will definitely not lose money."

The more he talked, the more he felt it was going to be a great opportunity; a large club like that going overseas must be incredibly exciting.

"You should discuss it with your family. It would be best if, like Da Liu, your family could send someone to manage it, so as not to lose too much money."

"Okay, I'll go find the old man. I'll call you when it's really up and running." After that, there was no further contact.

At this moment, Yan Yan ran up. Now, with four grandparents taking care of them, the two kids don't need any attention, and the couple couldn't be more carefree.

"Brother, teach me how to play games."

There's another computer nearby, and because it has a dedicated line, the internet speed is quite fast.

"Wait a minute, I need to talk to you about something."

"what?"

Fifty minutes later, Qin Dahe, who had fought twice, rubbed his legs and slumped on the headboard, smoking a cigarette.

"What do you want to buy again?" Yan Yan asked warily.

She knows what a scoundrel is up to the moment he bends over; he's been working so hard today, he must be trying to buy something.

A large sum of money just came into the house, and they couldn't resist it.

“We have a lot of cash at home, so we’re taking out some to buy Moutai. That’s for the kids.”

"Still buying?" She frowned. They had received a dividend a few months ago, but were still operating at a loss.

"It's several dollars cheaper now, so it's a great time to buy."

"I'll go check the price." With that, she jumped up and put on a coat, revealing a large expanse of white skin.

As an accounting major, I know a little about stocks.

When I opened my stock trading app, I saw that Moutai's stock price was only around 29 yuan, and I immediately got angry. My own cost was around 34 or 35 yuan.

"How come you're losing five yuan per share?"

"No, not that much. Our total shares increased by one-tenth, and we also received a dividend of more than 10,000 yuan, which was all used to buy stocks. Now the total share capital is only a loss of more than 40,000 yuan."

“If we buy another 800,000, the cost per share will drop significantly,” he explained carefully.

This is the mentality of ordinary stock investors who want to average down their prices. The more they average down, the lower their average cost becomes. Of course, there is a chance that they will average down until the stock is delisted.

This is Moutai stock from 2002, not those failed stocks. Qin Dahe would definitely be willing to spend a lot of money to buy another 800,000 yuan worth.

Yan Yan tilted her head and did the math; it really made sense.

"Then we need to save money too."

"There's no point in keeping too much; we're just hoping to rely on bank interest."

"Okay, I'll do as you say, buy another 800,000." She waved her hand and agreed immediately. "Of the remaining 2 million or so, 500,000 should be enough to deposit in the bank. Can I use the rest?" he asked timidly.

Buying a yacht is indeed a bit excessive, but he really wants to have fun with it.

"What are you going to do with that? That's over a million!" Yan Yan looked at him in disbelief.

Are they going to buy an elephant?
"I'm thinking it would be more convenient to buy a boat and go fishing."

"Boat?"

"Yes, buy a used fiberglass or aluminum alloy boat, about seventeen or eighteen meters long, and the speed will be around thirty knots."

It's a very euphemistic way of putting it, but those made of fiberglass or aluminum alloy are basically yachts; which big ship owner would be willing to use these materials?

"Let's build a small bedroom up there, and when we have free time, we can go to the Yangtze River to play, and also go to the East China Sea to see the scenery."

"Buy a boat." Knowing her husband wanted to buy a boat for fishing, she didn't object too much; their family had made their fortune through fishing. "How much will it cost?"

"No rush, I still need to get certified. Next year I'll ask Dongjiang to keep an eye out and buy a second-hand one."

Let's hold off for now, and getting certified is also necessary, otherwise we could get arrested in no time.

The yacht will then be docked directly at Wenwen's club.

He'll start making money very quickly. Not to mention the fishing tackle company, he's confident that his annual bonus from his uncle alone will exceed 500,000.

So I don't have any plans to save money. 160 million yuan worth of Moutai stock is enough for my two kids to live on when they grow up.

"Okay, I agree to that too." Knowing that it would be purchased next year, Yan Yan readily agreed.

"Can you teach me how to play games now?"

"Let's go, go to sleep, or Mom will call us again." She patted her bottom, eliciting a soft cry.

"Get lost, you're just teasing me." She pouted, feeling bad about coming all this way.

Not only did the money fall into the hands of the man, but she also didn't get to play the game and was even manipulated by him.

The couple went to wash themselves first; not having a shower was a bit of a hassle.

Looking at the time, it was already nine o'clock. Qin Dahe went out into the yard, pulled up a deck chair, and started smoking.

Fried Noodles and Fatty squatted on either side of him, reaching out to pat the dog's head. Fatty even tilted his big head back, making it easier for him to scratch his itch.

"Fried noodles, come with me on a business trip once the factory opens."

"Wang Wang!"

"Haha, good dog." Qin Dahe chuckled.

Just then, the phone rang. He took a deep drag of his cigarette and slowly exhaled before answering it.

As expected, it was Wenwen calling; he had been waiting for her.

"The club's affairs are settled. The cost of the nanny boat is not high. The only problem is that we need to coordinate with the fishing company and the fish price must be based on their guidance."

"That's fine, we don't make money from this anyway."

This is what happens to rich kids; ordinary people who hire a small boat to go out to sea to collect seafood can sink it in no time.

The seafood business is extremely profitable, and if ordinary people get involved, those fishmongers are capable of killing people.

He knew about these situations when he was in the Pearl River Delta. Smugglers and drug traffickers didn't dare to mess with the local bigwigs, which shows how murky this industry is.

"When do you plan to set up the team? Let me make it clear in advance: I have limited funds. At most, I can buy a second-hand yacht next year and go out with you guys occasionally."

"Just write me a charter and let my dad take a look. You don't need to pay anything."

"Okay, I'll write it for you in a bit."

(End of this chapter)