Genius Investor Warren Buffett sounds warning
Why Japanese wait until old age, after retirement to invest?
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Let's breakdown a few of the quotes by one of the world's top 3 investors, Warren Buffett. Here is what he said.
《Quote selection 1》
Rule1:Don't lose money
Rule 2:Don't forget Rule 1
Rule 3:Don't go in debt
Those investing in Japan・・・
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60 percent are male and
the majority comprise of those over 60 years old.
Among those,70 year olds take up 30%.
Respondent's annual income
45.4% were under 3 million yen
and including those who fell under the 5 million yen bracket(23.8%) it adds up to about 70%.
Employment goes on like
"No job・Only pension"(24.9%)」
"Employee with no title" (19.5%)」
"Full-time housewife (18.9%)」
The reasons why they showed interest in securities investments are as follows.
"Want to increase current income(38.4%)"
"For shareholder benefits (35.6%)"
"Feel insecure about the future, and felt the need"(23.6%)
What you can see here is that,
many people are considering investment because of a cease in income,
after they are already in a tapered state,
and as a means to have an additional income besides labor income.
do it after you will not be in trouble even if you lose money.
When you invest the prerequisite is that you
"Have work income or business income, and assets so that even if you lose the money, it won't be a problem."
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Share meeting on November 9th !!!
Thank you!
Happened to meet the other day on the train・・・
Fun afterwards too!(lol)