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Economy

Investing after the age of 20 and 30

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People in their 20s and 30s are the happiest when they can be independent.
The fact that you can build your own economy, independent of your parents, 
boosts your self-confidence.


But in the long run, when you're the least earning and when you're most 
active, you have a high ratio of spending compared to revenue. But we 
have to turn the other way.

A 30-year-old young man is given 35 years, and if medical or
biotechnology advances, it may be given 40 years or more.

However, to them, 1 million won is the price of a smartphone that anyone 
can use, but 35 years is also time to increase their assets by 128 times.

The money they paid for a smartphone worth 1 million won would be 128 
million won when they turned 65.


Even if your income is small, you must first understand what this money 
you are using now.

I would like to tell young people never to dream of making a fortune. 
Rich people don't happen overnight, they grow very slowly.

Therefore, time is on the side of young people. Therefore, we should put 
away our short-term greed and invest in long-term hopes.
Even if it is determined that you can earn a higher return by studying,
I hope you will bet on time as much as possible.

A 5% profit is important, but you have to think that a 3% loss that might 
disappear is more important to win. The easiest way to win a game is to 
survive to the end.

I want to become the owner of the world's best company by buying spy, 
qqq every month that will survive to the end.

When dealing with money, remember only three things when dealing 
with money.

First, it is important to remember that the size of real money is relative, 
but the size of money over time is even more relative. 
That's why you invest.

Second, when spending big and little money, you have to be more careful 
with the little money.
Big money is used and invested prudently by everyone, but little money 
is treated casually by many.

Third, it takes patience to make big money. Patience in choosing to save 
instead of spending is the patience of the time required for the money 
you invest to compound interest.

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