Chapter 147: Chapter 133 Huge Profits (Seeking Votes!)_1 Four minutes had passed. Five minutes had passed. Just when Tang Qing thought he would have to wait for more than ten minutes, the system suddenly rang with a delightful account notification. He quickly checked his account balance in the German Commercial Bank. Ten seconds later. Upon seeing the balance in his euro account, Tang Qing couldn’t help but start laughing. If he hadn’t been mindful of the people around him, he probably would have laughed uncontrollably. Though, his behavior still frightened a few children nearby. After all, it’s quite unsettling to see someone wearing a hat and a mask ’laughing foolishly’ with their eyes closed. Had Tang Qing made any other movements, they probably would’ve called the internet café manager over. Why was Tang Qing so excited? Because the balance showing in his German Commercial Bank account was: one million and four thousand six hundred and three euros. What did that mean? Let’s just ignore the extra three euros for a moment; this meant he made a net profit of four thousand six hundred euros from this transaction. He earned four thousand six hundred euros from a transaction of eleven million RMB. That means, if he uses one hundred and ten million RMB, he could earn forty-six thousand euros from a single transaction. What is the return rate of forty-six thousand divided by ten million? Zero point forty-six percent. If you multiply that by ten transactions, that’s a daily profit of 4.6 percent. This is the true definition of exorbitant profits. He still has two hundred and eighty-four million funds to play with. If he trades this entire amount, he could make a daily profit of thirteen million RMB. Freaking hell. That’s even more money than usury, but with less risk. It’s like creating a business equivalent to Sheng Tang Apparel every day. When he thought about this, Tang Qing’s mind went into complete disarray. He had been prepared for it, but there was a world of difference between being worth a few tens of millions and being able to earn over ten million a day. Even without considering compound interest, he can still make close to four billion RMB a month. This is absolutely insane. It took a full three minutes for Tang Qing to suppress his excitement. He had previously planned to set the single transaction limit to twenty million euros, but after leaving Liu Qian’s villa that day, he realized how silly he was to have overlooked the exchange limit. If the single limit were twenty million euros, then over sixty million of his borrowed money would be sitting idle. Tang Qing definitely couldn’t let that happen. That’s why he got over-excited the last time and didn’t think properly. Tang Qing thought about it and realized twenty million euros were too low. He updated it to thirty million euros. After all, he couldn’t just let sixty million lie idle; that’d be awfully silly. Moreover, he didn’t have any other investment channels and his investment plan for Sheng Tang wasn’t due until next year. Even if he invested in Sheng Tang now, he couldn’t spend it all due to the approaching year-end. If he capped it at thirty million euros, then his monthly income would basically be fixed. The calculation was simple. A fixed daily return rate of point forty-six percent, multiplied by three thousand, gives him one hundred and thirty-eight thousand euros daily. And what about monthly? Say, you deduct a bit for exchange rate fluctuations, it generally comes to forty million euros, which is equivalent to over four billion RMB. Although it’s not as impressive as the ten billion-plus he fantasized about before, this is currently the largest transaction volume he dares to handle. If he set the cap any higher, he’d really be on pins and needles all day. Or, to be precise, he already sort of feels on edge, but it’s still manageable. Go any higher, and he’d lose all peace of mind. At this point, if Tang Qing wanted higher profits, besides mustering up more guts, he could only hope for the system to unlock more currencies after the next upgrade, offering larger arbitrage profits, or for huge fluctuations to occur in the international exchange rates. Tang Qing did some calculations. If, this year, the euro-to-RMB exchange rate were to drop to below ten point five, then his current profits could double. That would mean a cap of thirty million euros could bring in over eight hundred million a month. This got Tang Qing thinking again. He calculated that by the end of this month, excluding the three billion assets used in foreign exchange arbitrage, even if he paid back Liu Qian’s money early and invested thirty million in Sheng Tang, he would still have over one hundred million RMB that he didn’t know how to spend. And by the end of next month, he’d have over five hundred million sitting around with nowhere to go. Over five hundred million! This was a sum he wouldn’t even dare dream about in his past life. Tang Qing didn’t know what he would do with so much money next month. Having such a vast sum lying idle in one’s account isn’t the right thing to do, and he certainly isn’t a miser. But, he wouldn’t donate it to maintain a ’Guo Meimei’ either. As for buying out businesses, he didn’t know which ones to buy. He doesn’t understand internet companies, and he can’t spend much on villas and sports cars. The most, most, most crucial point is that spending such huge sums domestically was something he really didn’t dare do. Especially if he didn’t spend it next month, and waited another month, then he’d have close to one billion RMB in his account. How the heck is he supposed to spend it? Damn it. For the first time, Tang Qing understood the frustrations of having too much money. Or more precisely, he now understood a banker’s dilemmas. That money, it’s just too much for anyone to spend. Compared to the total assets, even big spendings only amount to a small fraction. The large sums of money kept accumulating in the account... and that was giving him a headache. Tang Qing wasn’t showing off, he was genuinely vexed. After pondering for ten minutes with no solution, Tang Qing gritted his teeth, and decided to put off the spending matter for later. If worst comes to worst, he’d have Sky Eye do some research, and he’d just invest basing on prophecies. Humans are really strange. They worry when they have too little, and they also worry when they have too much. Tang Qing didn’t know whether this qualified as a psychological condition or not. Having decided to stop worrying, Tang Qing left the internet café and went home. When Tang Qing returned home, the excitement of potentially making over four billion a month was evident on his face. This was enough to put almost all internet companies to shame. Indeed, the financial sector sure knew how to make quick money. Of course, this only applied to cheaters. If you don’t have the ability to cheat, it’s better to stay away, or else you’d die a gruesome death. Back in his room, Tang Qing made another transaction, this time changing to a different bank on both sides. He transferred the whole two hundred million plus RMB. He didn’t know if the time difference was due to the banks, but this time the money showed up in his account in just over two minutes. In the end, he made over one million RMB. Half an hour later, Tang Qing went all-in again. In this manner, today, factoring in compound interest and excluding the small profit he made in the first trade, Tang Qing made over twelve million RMB. Life, huh? Tang Qing found this all extremely stimulating. It was like finding a business venture as good as Sheng Tang every time he stepped out. ... Tang Qing obviously remembered that today was the monthly assessment day of the system. Eleven o’clock at night. His uncle’s family had long since gone to bed. After a day of excitement, Tang Qing lay in bed and checked his information. Host Name: Tang Qing Level: Level 3 Experience: 160/400 Loans granted this month: 200/2 million Personal quota for this month: 40/40 million Withdrawable assets: 29.86 million Spirit: 140 Physical Fitness: 150 Origin Qi Value: 0 Exchangeable foreign currency: Dollar, Euro. Tang Qing did the calculations. After completing all sorts of loan tasks last month, he gained a total of eighty experience points. Zhou Li repaid six hundred thousand, earning him sixty experience points, although Yan Guangting had made an early repayment, since the contract had not expired, the system did not award any experience points, those forty points would have to wait for another two days. Plus the time when he had a fight with Han Leng for some physical boost, he borrowed another four hundred thousand, completing the achievement task three, and gained twenty experience points. It calculated to exactly one hundred and sixty experience points he accumulated. What made Tang Qing the most ecstatic was the nearly three hundred million in deposits. Heck, he planned to break the three hundred million mark by tomorrow, although it was borrowed, it was the cornerstone of his starting point. Straight away, Tang Qing started to worry again about how to spend money next month. He just realized that making money is hard, but spending money isn’t any easier. As soon as it was past twelve. "December exam results ----- Passed." The voice of the system sounded. Tang Qing, who had been lost in thought, was called back by the system and hurriedly checked his information. Host Name: Tang Qing Level: Level 3 Experience: 210/400 Loans granted this month: 0/2 million Personal quota for this month: 0/40 million Withdrawable assets: 29.96 million Spirit: 140 Physical Fitness: 150 Origin Qi Value: 10 Exchangeable foreign currency: Dollar, Euro. The changes weren’t huge, he merely completed the task of having five million in assets, gained ten origin Qi points, and fifty experience points. Tang Qing then checked the task list. 1. Complete this month’s system recommended customer loan task. For details, check the task description. Reward content: Experience points+20, Completion degree 0/1. 2. Complete a non-system recommended customer loan for this month, amount not less than 400,000. Reward content: Experience+20, Completion degree 0/1. 3. Grant all external loans quota for this month. Reward content: Experience points+20, Completion degree 0/200. 4. Grant all personal loans quota for this month. Reward content: Experience points+20, Completion degree 0/40 5. Achievement Task One: The system’s cumulative total of external loans reaches 3 million. Reward content: Origin Energy Points+10, Experience points+30. Completion degree 400/500 million. 6. Achievement Task Two: Cumulative total of principal recovery from system’s external loans reaches 3 million. Reward content: Origin Energy Points+10, Experience points+30. Completion degree 200/500 million. 7. Achievement Task Three: Cumulative total of system’s personal loans reaches 2 million. Reward content: Origin Energy Points+10, Experience points+30. Completion degree 70/200 million. 8. Achievement Task Four: The host’s own assets reach 50 million (excluding system’s personal loans and rewards). Reward content: Origin Energy Points+20, Experience points+100. The reason Tang Qing checked the task list was to figure out whether he could level up this month. After calculating, Tang Qing had a strong urge to curse. The first four tasks add up to eighty experience points, Yan Guangting’s due contract had forty, and achievement task one and three could be completed for sixty experience points. 𝒻𝑟𝘦𝘦𝘸ℯ𝒷𝑛𝘰𝓋ℯ𝘭.𝘤𝘰𝘮 Adding them up, it equaled one hundred and eighty. Adding the current two hundred and ten? Three hundred and ninety. Damn, just ten points short. But those ten points were impossible for him to gain this month no matter what. How long until next month can he level up? The first day of the month. By then, it will level up automatically, as a recommended customer who borrowed over a million will be due by the first. Alright, Tang Qing didn’t persist anymore. Onto next month, then No longer bothered, Tang Qing once again exchanged for US dollars. Three minutes later, seeing the system’s notification of funds received, Tang Qing fell asleep satisfied. PS: Chapter two is here.