After reaching an agreement with his family, Xiang Nan discussed the details of publishing with the People's Literature Publishing House.
Later, the first two parts of "Ghost Blowing the Lamp", "Jingjue Ancient City" and "Longling Labyrinth", were handed over to them for distribution.
First printing of 500,000 copies, royalties of 7%. Based on the price of 25 yuan per copy, Xiang Nan can earn nearly 2 million yuan in royalties.
However, the two million royalties were not given at once, but half a million were given first, and the remaining royalties were paid every three months.
This is also the current publishing rule. Unlike in the 1970s and 1980s, all payments were fully settled within two to three months.
After all, there are many people writing books now, but few books are selling well, and publishers don’t want to take risks or squeeze out funds, so they are all people who don’t let the hawk see the rabbit.
Xiang Nan doesn't mind this. To be honest, he wished he could give him less money at the beginning, so that the impact on his family would be manageable. After all, the old Chu family has been poor for decades, and it is not a good thing for them to become rich all of a sudden.
Moreover, he believed that the People's Literature Publishing House, as a state-owned unit, would not squander the money of this young author. In this case, give it slowly, he is not in a hurry.
…
Later, under the witness of Chu Guoqiang, Xiang Nan signed a contract with People's Literature Publishing House and received the first royalty of 500,000 yuan.
After getting so much money, Chu Guoqiang and his wife were crazy with joy.
After so many years of hard work, it was the first time I saw so much money. It was a pile full of money. How many fish products would I have to sell to make a profit?
"Dad, Mom, let's go look at the apartment tomorrow." Xiang Nan looked at the two of them and said, "Buy a better elevator room so that you can go upstairs more conveniently without having to climb up."
"Tiantian, I have discussed it with your dad, and we both feel that buying a house is not urgent. Although our house is dilapidated, it can still be lived in." He Yufen waved her hands and said, "Why don't you deposit this money in the bank? When the time comes, , you can earn a lot of interest in a year.”
When Xiang Nan heard this, he shook his head.
"Mom, depositing money in the bank is the most uneconomical option. Let me do some math for you. Assuming you deposit this money in the bank, the maximum annual interest rate is 3%. If you deposit it for five years, it will only be 75,000. Yuan interest.
But look again, what was the average house price in Shanhai City five years ago and what is the house price in Shanhai City now? It has increased by more than 40%.
If you want to use 500,000 yuan to buy a house, in five years, it will be at least 700,000 yuan, which means you will have earned 200,000 yuan. Not to mention you get to live in a good house for free for five years. Xiang Nan smiled.
In terms of financial management, he was able to make a living as a teacher for Chu Guoqiang and He Yufen.
However, he could understand their thoughts. After finally seeing some money, he didn't want to spend it all and wanted to save it in the bank for emergencies. This idea is understandable, but it doesn't deserve support.
"Well, that makes sense." He Yufen nodded.
"Son, do you think housing prices can continue to rise? I read the news, and why do they keep saying housing prices are going to fall?" Chu Guoqiang asked worriedly.
"Dad, don't worry, the housing prices in Shanhai City will continue to rise for at least ten years." Xiang Nan smiled and said, "Let me talk to you about the future situation..."
He then explained in detail the future development of China's economy, urbanization construction, monetary easing policy, etc.
He had Xu Wenchang's real estate sales knowledge and the memory support of more than ten years ahead of him, so his words were naturally meaningful, which confused both Chu Guoqiang and He Yufen.
The two looked at each other, you looked at me, I looked at you, both of them were a little confused.
"Son, how can you understand so much?" Chu Guoqiang asked in surprise.
"I can also read newspapers at school. All this information is public. As long as you use your brain to think about it, you can easily get the answer." Xiang Nan explained.
Chu Guoqiang and He Yufen were confused again. How could they not figure it out?
But they knew that their son was smarter than them.
In this case, it's better to listen to him.
…
Suddenly, Chu Guoqiang and He Yufen were wandering around the city buying houses.
In 2005, the average house price in Shanhai City was only RMB 2,800, and houses in top residential areas were only RMB 5,000, so RMB 500,000 was still very affordable.
Finally, under Xiang Nan's suggestion, they bought a 100-square-meter elevator room with two bedrooms and two living rooms in Jinhua Community. In addition, we bought a 60-square-meter store on Jiefang Road to sell fish.
As a result, they have a new house and a store. Chu Guoqiang and his wife are very happy, and they quarrel less than usual.
Seeing them like this, Xiang Nan also breathed a sigh of relief. What he fears most is that the couple can share adversity but not wealth. After you have money, you will find ways to share more money. You will need more money, and the other party will need less money.
In this case, let alone five hundred thousand, five million or fifty million are not enough for the two of them.
After Macaulay Culkin, a well-known Hollywood child star, became an instant hit after starring in "Home Alone," his parents began a divorce lawsuit and fought for Culkin's custody, intending to keep this money-spinner in their hands.
As a result, not only the entire family was destroyed, but his son was also destroyed.
Chu Guoqiang and He Yufen are in a good situation now. Although they have received a windfall from the sky, they have not become rich and they are still happy to live a steady life.
This made Xiang Nan very satisfied.
…
After the incident was exposed, when Xiang Nan returned to school, no one mentioned his family background.
After all, Xiang Nan is really awesome. He has already made so much money even though he is still a high school student.
Several million, which is simply scary to say the least. They can't even reach one-tenth of his level, so why do they have the dignity to laugh at him?
On the contrary, Xiang Nan has more and more fans of Xiang Nan. When walking on the street, eating in the cafeteria, and studying in the library, people come up to ask for autographs, and he has become a celebrity on campus.
"That one is Chu Tiankuo. He wrote "Ghost Blowing the Lamp". It's really amazing~"
"You look about the same age as us, how can you be so awesome! It's really hard to figure out."
"I heard that one of his books sold a million dollars! Oh my god, I'm afraid I'll never make that much in my life."
After seeing him, many people talked about it.
Even Ling Xiangqian was a little surprised that Xiang Nan made millions in one go.
"Tiankuo, will you be like JK Rowling in the future and become a millionaire by writing books?" she asked curiously.
"You can't do it by writing books alone." Xiang Nan waved his hand and said with a smile, "Now the book market is shrinking. Even the books of Wang Xie, Yu Qiaoyu, and Annie Baby, which were once popular, are not selling well now. . However, my books are quite suitable for adaptation into film and television dramas. By then, I should be able to make some money from this aspect."
"That's amazing." Ling Xiangqian heard this and said happily for him.
As a fan of "Harry Potter", she knew that it was Warner Pictures' adaptation of "Harry Potter" into movies that made its popularity soaring, thus stimulating sales of the original books.
Every time a sequel to "Harry Potter" is released, readers around the world line up overnight to buy it, and tens of millions of copies are sold.
Therefore, she can imagine that Xiang Nan's works will one day be as popular as "Harry Potter".
