Investing in Redwood Furniture

  According to Mom and Dad's idea, such a good house must be equipped with a set of modern furniture, Italian famous brand sofa, coffee table, TV cabinet, big soft bed are all necessary.

  But at this point, Li Yifan put forward his own different idea. In his view, now is the best time to invest in mahogany furniture.

  Although they are from rural areas, Li Lijiang and Zhang Shu have a good understanding of mahogany furniture. When they got married, the most valuable family heirloom was a set of mahogany wardrobes made by Li Yifan's grandfather using mahogany wood he had saved up over the years. They still use that wardrobe today, but due to poor maintenance, it has some damage on the edges and corners.

  Moreover, mahogany furniture is highly collectible and Aunt Anna specializes in luxury goods, so after instilling the concept of collecting into the two brothers and sisters-in-law, the two elderly people didn't have too many objections to Li Yifan buying mahogany furniture.

  As for Aunt Anna, she looked at Li Yifan with even more admiration after this incident. This child really has ideas, but he can't think them through. At his young age, how did he know so much?

  Li Yifan didn't think that much, but in the future when he was struggling to make a living in the capital city, he had seen how those wealthy people spent their money like dirt, so his impression of luxury goods and collectibles was quite deep.

  Especially in those two years when the house sales economy was booming, those big rich men would spend lavishly on renovations after buying a house, and wouldn't bat an eye at spending hundreds of thousands of yuan on a set of rosewood furniture. That kind of extravagance is still deeply etched in my memory to this day.

  However, at that time, the market price of red wood furniture had already been speculated by many collectors and wealthy people. Those red wood furniture that cost as much as a house, he could only watch and drool.

  It's different now, he also has a certain value, and it happens to be a good year for mahogany furniture to be worth investing in, so of course he can't fall behind.

  Due to last year's Asian financial crisis, many wealthy individuals and large investment companies are currently in a state of capital chain shortage, so the market for high-end furniture like redwood furniture is not active.

  Many enterprises and businessmen who specialize in producing red wood furniture, in order to survive and maintain their cash flow, have no choice but to sell the red wood furniture they hold at a low price.

  A Hainan Huanghuali four-square dining table, but it only cost 170,000 yuan. If you change to ten years later, just a yellow rosewood bowl can be bought for 3 million yuan, and larger objects, more exquisite furniture, the price is tens of millions, which are all ordinary things.

  However, buying furniture also has its ways. You can't go to the mall because if you do, you'll only get ripped off. But Li Yifan, who had lived in Beijing for many years, of course knew where to find high-quality mahogany furniture.

  After all, after starting his career as a special agent, he also had dealings with people in the Beijing aristocratic circle, so many doors, he still knew.

  In the afternoon, accompanied by Aunt Anna, they went straight to Ximen Town in Xingda District, where it was the main production and distribution center of mahogany furniture in Beijing. At that time, the trading of mahogany furniture in Beijing had not yet become popular, only some collectors would buy mahogany furniture at high prices, and the speculation wind had not yet risen, so the moisture content of mahogany furniture was still not large, and it was not like later generations, where specialty stores for various types of mahogany furniture were everywhere.

  This Ximen town is still very famous in the later red wood furniture circle, because it gathers a group of old craftsmen, some people are even generations of traditional craftsmanship, specializing in making red wood furniture for the past royal nobles, so the processing of red wood furniture here has some reputation.

  As for the appreciation of redwood furniture, Li Yifan also has some insight after being tempered by later generations. After all, he had more exchanges with those officials and nobles in later generations, and his understanding of redwood furniture still has some standards.

  Soon, in one of the well-known red wood furniture companies, Huanglinyuan, they picked out over a dozen sets of furniture, including red wood armchairs for the living room, coffee tables, decorations, dining tables and chair sets, several large wooden beds, as well as bookshelves and four-piece sets of book chairs for the study. Adding to that some exquisite small decorative handicrafts, in total they bought around 40-50 pieces, which added up to a cost of around 500,000 yuan.

  Although Li Lianqiang and Zhang Shu felt a little heartache for this price, after thinking about it, the things that their son and Anna said were very valuable for collection, and they would appreciate in value later, so they endured.

  In Li Yihua's view, spending this amount of money could buy so many red wood furniture and decorations, it was simply a great bargain.

  Actually, as a seasoned person, there are many ways to get rich, and antique collecting is one of them. However, he really doesn't know much about antiques, but has some insight into redwood furniture, so naturally, he chose this relatively safer path. Moreover, in his opinion, if this path is taken well, it will be more stable than buying stocks or futures.

  The bed is made of red acid branch, the four-piece set of desk is authentic Hainan Huanghua pear wood, and the dining table, chairs, tea tables, etc. are also high-quality red wood. The most valuable ones are those small but exquisite decorations, which not only include works of Hainan Huanghua pear wood, but also two small lions carved from high-quality purple sandalwood.

  It's just a few small ornaments, but in ten years' time, their value will probably be several million more, so this deal is extremely valuable in Li Yifan's eyes.

  These two days, Li Lianqiang and his wife have become somewhat numb or accustomed to Li Yifan's extravagance. After a night of contemplation following the day Li Yifan bought the house, they also knew it was time for them to change their way of thinking.

  And Aunt Anna, even under the influence of Li Yifan, also selected a dozen small ornaments, which were equally extraordinary and valuable treasures, with a considerable appreciation space after ten years.

  The boss of this mall, who has been having a bad business year and is struggling to make ends meet, spent a lot of money two years ago buying wood from the south and even borrowed money from the bank. Who would have thought that he would coincide with the Asian financial crisis, resulting in a sluggish market for mahogany furniture? The factory has not opened for several months now, and if this continues, it will be taken over by the bank as collateral. Today's arrival of these big spenders is like a timely rain for him.

  So in the process of haggling, this factory owner was very polite, and the price he offered was very reasonable. He even gave them a discount, and threw in many small trinkets that seemed worthless at the time. If he had known that these trinkets would be worth nearly a million dollars a few years later, he might have jumped off a building.

  Li Yifan didn't feel at ease until he saw the workers carefully loading the carefully selected red wood furniture onto the truck and then following it back to their new home, with no possibility of switching them midway.

  This red wood furniture is now a good investment opportunity, but there are also many unscrupulous businessmen, such as bait and switch tactics or adulteration, using two pieces of good material on the surface and ordinary materials in the middle, which are also common.

  Fortunately, he met a relatively honest boss, and those furniture were carefully selected by him, without any fake or substitution marks, otherwise he would have been at a loss.

  The workers moved the furniture into the new home, one by one, and then settled the payment and left. Li Yifan and his parents went to a shopping mall again, bought some bedding, sheets, quilts, pots, bowls, plates, and other basic living necessities, and that night they directly moved into their new home in Beijing.

  Because they used high-quality red wood furniture, the handling methods were not like ordinary furniture. Moreover, these furniture had been placed there for a period of time after being made, so they didn't worry about formaldehyde release issues. Therefore, the whole family moved into their new home in Beijing more than a week after arriving in Beijing!