Chapter: 4995
He may have said on his lips that Old Master An was old-fashioned, but he himself had actually been enlightened by Old Master An early on.
He knew that old-fashioned ideas should be criticized to some extent, but he also agreed with Old Master An's logic, which is: surnames need to be passed down.
Whether male or female, as long as there are descendants who bear this surname, then this lineage will definitely continue to pass it down.
However, once a gap appears in the middle, this lineage will disappear from history for several decades.
So, if my son-in-law agrees to let his child inherit the Li surname, our own lineage's surname will be able to continue passing it down.
That's why he was extremely excited when he heard that my son-in-law had agreed.
However, he didn't expect himself, a high-achieving and self-assured person like him, would be so easily swayed by An Chongqiu.
His son-in-law seemed to have some shame at this moment.
He awkwardly explained: "Dad, it's not that I'm lacking in spirit... It's just that the condition Old Master An proposed is too enticing... Even if I work my whole life, I wouldn't be able to leave behind so much wealth for my descendants..."
At this moment, his son-in-law was only eager to give a plausible excuse for compromising with money.
He didn't even realize it, but in reality, his compromise was exactly what Li Yarong had been looking forward to.
Only, he was trying to wash away the shame he felt towards Old Master An's proposal by continuously explaining: "Dad, Uncle An's offer is similar to what you just said. He means that we'll put up a billion US dollars as collateral, and the trust company will manage it. Since the trust company has the entire An family's resources behind it, their returns will be much higher than those of most other trust companies. With an 8% annual return rate, by the end of eighteen years, this trust can be unlocked with conditions!"
As he spoke, his son-in-law's eyes lit up and he continued to say: "Dad, I roughly calculated it in my mind... If we guarantee an 8% annual return rate, according to compound interest calculations, by the time my kids grow up eighteen years later, this money will have grown from one billion to four billion US dollars!"
By the time he got to this point, his son-in-law's emotions became even more fervent. He struggled to contain himself and blurted out: "Dad, Mom, niece! Four billion US dollars is what? By that time, even if we don't touch the principal, we can still get three hundred million US dollars in interest each year!"
"Three hundred million US dollars a year! And it's all because of this trust! By that time, we'll be able to withdraw three hundred million US dollars from the bank every year!"
"Even if inflation becomes severe in the future, three hundred million US dollars will still be enough for our family's daily expenses!"
"In the end, we'll be able to give our kids the highest standard of living and top-notch education resources, letting them grow up to become among the elite! This is a leap forward in social status, isn't it?"
"And besides the interest income each year, this four billion US dollars' principal will remain untouched. As long as the trust company doesn't go bankrupt, we can continue with an 8% annual return rate!"
"But even if the trust company goes bankrupt? The law has already specified that the trust company's own assets and customers' trust properties are completely separated. Even if it declares bankruptcy, it won't be able to clear our funds! At that time, all we need to do is switch to a new trust company, transfer the rights, and we'll be fine."
"In other words, as long as the United States exists, this money will forever be ours! This is an eternal asset, a perpetually prosperous family!"
His son-in-law's eyes were wide with excitement, his face flushed red, and sweat dripped down like rain. His pupils had dilated to their limits, and all his blood vessels seemed to be on the verge of bursting.
Li Yalin listened with a dumbfounded expression, unable to help but ask: "One billion dollars... can have such great power?"
His son-in-law nodded vigorously without hesitation: "That's right! Dad, when someone has money, one billion dollars is that kind of powerful!"
He continued: "Of course, the most important thing here is that Anjia can guarantee us an annual net return of 8%, and if the market environment turns down, even losing some, Anjia will also make up for our trust by adding 8% to ensure we don't lose any. Let me give you an example: normally, one billion dollars would turn into one billion and eight hundred million after a year. However, if the market is bad this year, that one billion might only be left with nine thousand million at the end of the year. In that case, Anjia will add one thousand eight hundred million to guarantee our trust remains one billion and eight hundred million!"
"With Anjia backing us up, we don't need to worry about losses at all; we just need to wait for the 18-year lock-up period to expire and we can collect the profits!" JrNovels.com