Chapter 658 - 385: 500 Million, Oh, 500 Million

Since the film adaptation of "To Live" was released in ’94, Yu Hua has essentially achieved financial freedom, with 2019 being the best-selling year for his works. Just from "To Live," his annual royalty income reached 15.5 million US Dollars.

The old man has published sixteen novels, and his other works occasionally appear on the annual bestseller lists. Just from this, you can imagine how high his annual royalties are, at least 30 million as a base.

Would he really hand over such a large sum of money entirely to his second wife?

Impossible. This is just an excuse Yu Hua casually uses to avoid revealing his royalties.

Li Peifeng doesn’t believe it, the students below don’t believe it, Zhao Qingge doesn’t believe it either. So, she followed the moment to deliver the closing appreciation speech for the lecture, then looked at Li Peifeng, who suddenly realized, picked up the microphone again;

"Oh right, because "Sword and Magic" is preparing for an overseas launch, I’m setting up a translation team. If any student has a strong foreign language ability and possesses some literary quality, you can contact me privately. Students from the School of Foreign Languages and the School of Arts and Sciences will be given priority, and the treatment is quite generous..."

At 9:10, after releasing the recruitment notice, Zhao Qingge announced the official end of the lecture, and the three people on the stage left amid applause.

Directly leaving the learning center from the backstage, Yu Hua smiled and said, "Peifeng, are you graduating this year?"

"Yes, a year earlier."

"Really not planning to pursue a PhD?"

"No plans for that at the moment."

"Hmm... then Professor Zhao, I’m off to the office."

"Goodbye, Teacher Yu."

After a brief chat, the two parted ways with Yu Hua, and Li Peifeng walked together with Zhao Qingge off-campus. The former joked, "That old geezer is poaching in front of you, why didn’t you say anything?"

Zhao Qingge glanced at him and suddenly asked quite an inexplicable question: "Do you think Yu Hua handing over the royalties to his wife is true or false?"

"It’s obviously false."

Li Peifeng answered without hesitation, Zhao Qingge let out an oh, and didn’t say anything further.

Then Li suddenly realized the deeper reason behind why she asked this question... Is this an attempt to seize my financial autonomy?

Well, it’s not impossible.

Li Peifeng stepped half a step forward, closed the distance with Zhao Qingge, and then sincerely said, "If we were to get married, after marriage, I would give you the debit card where I receive my royalties. Even if I still have interactions with them... that point won’t change."

Drawing a big cake is complete!!

Zhao Qingge was evidently a bit surprised by this seemingly real intention, paused for a moment, then asked, "Give me the card, and what will you spend?"

Li Peifeng smiled, "I can earn again in other ways."

...

"Make money, it’s time to make money!"

After Zhao Qingge turned towards the parking lot to drive home, Li Peifeng continued walking from the campus to his apartment, contemplating this issue alone along the way.

Not about handing over royalties to Zhao Qingge post-marriage, but how I would manage a little treasury fund.

Although Old Zhao seemed satisfied with Li Peifeng’s answer, she hasn’t nodded in agreement yet, and anyhow, the marriage thing is still a bit distant.

So what Li Peifeng is thinking about is if Zhao Qingge eventually agrees, then the question of where the money to buy a house for marriage after graduation comes from.

A few days ago, Huang Tianxuan already did the math for him, that marriage requires at least 500 million. Although the performance of "Sword and Magic" broke records in the online literature circle, it’s impossible for Li Peifeng to earn that sum relying solely on royalties within a year.

Originally, Li Peifeng planned to accumulate some money and then leverage the advantage of foreseeing the future with the "Time Reversal" magic scroll to earn a fortune in the forex and commodity markets.

But after Huang Tianxuan’s reminder, he pushed his plans forward, taking leisure time to open three offshore accounts in the Swissquote Bank of the Clock Country using his and his parents’ information, transferring 1 million into each account to do financial transactions with independent settlement.

Previously, Li Peifeng had engaged in international investment, right after the mask incident, but with smaller inputs, totaling 20,000. And he hadn’t opened offshore accounts, just remitting via mainland bank cards to certain exchange, certain victory platforms, then trading with software like MT4.

In a week, Li Peifeng turned this 20,000 into 150,000 on the international futures market. Two days later, this 150,000 sharply decreased to 30,000, and Li Peifeng stopped trading, withdrawing with a 10,000 profit.

It can only be said the waters run deep here, very deep, but the money comes fast, the speed of profit compared to the stocks and futures in the domestic market is like heaven and earth.

Under hundreds of times leverage, the principal can multiply several times in the blink of an eye. Conversely, it’s a matter of a twitch to go bankrupt and lose everything.

So in facing the astronomical numbers needed for marriage, while having the ability to foresee, the first way to make money that came to Li Peifeng’s mind was trading foreign markets.

However, doing it on platforms with small funds is fine, but with large funds, it becomes just giving money away.

If you lose, the platform laughs. If you win, the platform gets so incensed they curse. Not to mention earning hundreds of millions or even several billion, even if it’s just tens of millions, no matter how legitimate or under multination regulation, the platform is unreliable.

There are platforms that bet against users, or fiddle with your trade orders, or simply block you from withdrawing funds; these are all very possible.

Due to the country’s attitude towards foreign markets, which is non-supportive, non-oppositional, non-encouraging, non-participative, you can’t do anything about them, and can’t rely on legal aid.

Moreover, even if the platform doesn’t block your money, they might not be able to remit much to your account. Dong is a country with strict foreign exchange controls, with a limit of 50,000 US dollars per person per year. Exceeding this cannot be remitted to personal accounts. You claim to have earned hundreds of millions, when would you actually get your hands on that money?