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Mr. 486 Chen Yanchang: Achieving Financial Freedom through Group Buying E-commerce

Well-known group buying e-commerce celebrity “Mr. 486” Chen Yanchang. (Picture/reproduced from Facebook/Chen Yanchang)

Chen Yanchang, the well-known group buying e-commerce celebrity “Mr. 486”, started working in society very early and announced his retirement at the age of 54. He posted a screenshot of the notice of bond allotment yesterday (27th) and said emotionally, “I have worked hard for half a life, and it was worth it.” After the amount was revealed, many people praised, “It took me 6 years of not eating or drinking to achieve this.”

Chen Yanchang wrote, “In the next 10 to 20 years, the monthly interest will allow me to travel around for the rest of my life. I have worked hard for half a life, and it is worth it.” As you can see from the screenshot, the message shows that the bond with a face value of US$4,581,000 Interest will be distributed in the near future, and it is expected that USD 38.75 will be distributed for every thousand yuan denomination.

About 5 million interest every half year. (Picture/reproduced from Facebook/Chen Yanchang)

Chen Yanchang explained that the interest of 5 million is not one year, but every six months, and is expected to be reinvested and continue to compound interest. He bluntly said that first of all, you must work hard, and secondly, you must save money and not spend it arbitrarily, and then you can take the step of financial management. It is nonsense to have no savings.

The post sparked a discussion, with netizens leaving comments such as “Real freedom of wealth is great”, “With freedom of wealth, you don’t have to wait to buy one get one free to drink coffee”, and “I want to be like my brother”. Some people also mentioned, “I am so envious of NT$5 million in interest. I did not eat or drink for 6 years to achieve it.” Regarding this, Chen Yanchang encouraged netizens to work hard when they are young, and to always use their heads to think about the direction. Save and invest money when you have the opportunity.

2023-09-28 04:38:15
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