How did Mr. Lien Chan’s family manage money and become rich?

But his wealth did not come from his decades of frugality as a civil servant, nor did he come from studying hard to obtain a doctorate, but because Lien Chan's mother was in her forties. Years ago, I changed my concept of investment and financial management. Decades ago, Zhang Pinsan, the former chairman of Taiwan's Changhua Bank, reminded Lien Chan's father, Lian Zhendong, to buy Sanshangyin's stocks if he had money. So under Zhang Pinsan's recommendation, Lien Chan's mother, Zhao Lankun, invested the money he had saved over the years. She bought hundreds of Changhua Bank stocks with her savings and held them for a long time. By relying on natural appreciation, she laid the foundation of the Lian family's wealth. Zhao Lankun is very smart about financial management. She is not like other women who follow the way of saving money. Instead of saving money in the bank, she actively invested and managed money. She also sold Miaosu's ancestral land of more than 3,000 square meters and built a house together with Huang Liehuo, the founder of Weiquan Company, on Nanjing West Road, each sharing their own property. Half, it is said that this prime piece of land covering an area of ??more than 140 square meters is the cornucopia of the Lian family. Stocks and real estate are the tools for making money for the Lien Chan family. Accumulated over the years, Lien Chan currently holds more than 20 stocks such as Taiwan Changhua Bank, Taipei Corporate Bank, Hua Nan Bank, Cathay Life Insurance, etc.; real estate is located in prime areas, and houses are also located in Golden Mile. Lien Chan once revealed that his family's financial management method is "doing nothing", that is, after buying it, holding it for a long time. More than 40 years ago, he invested all his family property in stocks and real estate, and waited patiently for more than 40 years. There are few transactions, and with a natural growth rate of more than 20% per year, nearly 10 billion yuan of wealth has been created. Some people may question that the Lien family was very wealthy 40 years ago. This may be true, but it should be emphasized that although the Lien family was quite famous 40 years ago, there were many families in Taiwan who were richer than them. , and today, forty years later, it can be said that very few people in Taiwan are wealthier than the Lien Chan family. All this should be attributed to the correct investment and financial management methods that existed more than 40 years ago. Most of the property is invested in stocks and real estate.