Don't they say that our future is what we create?
Our courtesy is something we create ourselves.
I also learned a lot from going through this situation.
It is a well-known fact that even if you have a good job or a great career, if your skills are lacking, you will not be welcomed anywhere.
Of course, it was an opportunity to once again feel the sense of crisis that I could become like that too.
No one is responsible for your life after retirement.
So, we need to take the initiative in economic activities more quickly and understand the meaning of investment.

--- p.28

Perhaps you developed a late-stage economic understanding of investing or needed a change in perspective.
It is highly likely that you did not receive sufficient economic education during your school days.
In other words, they may have been hostile to loans because they unconsciously perceived them as debt, and they may have been fed the dichotomous, black-and-white logic that investment is speculation from a young age.
Could it be that such growth, even as my standards shifted through education, unconsciously shaped my mindset, making me passive about investing? I was like that too.

--- p.32

Is it right to be so dedicated, even though I'm sick and weigh a ton, from food poisoning? It made me reconsider the idea of ​​financial freedom.
When I have the right to do what I want without hesitation and to rest when I want—when I have the freedom to make peaceful choices—isn't that when I've achieved economic freedom? Still, if there's one great weapon we possess, it's "hope."
I'm investing hard, analyzing, taking classes, and using internet cafes so that one day I won't have to do things I hate and will have the ability to rest comfortably when I'm sick.
In the past, grumbling on the way to and from work was commonplace, but now, with the hope that the sacrifices we make today will be an investment that will one day lead to financial freedom, the complaints on the commute have subsided.
They say that among the millions of unborn lives, investors like us make up less than 1%.
For readers who dream of financial freedom, you may have more than you think, as you have a sure weapon called hope.

--- p.47

The first mountain range to overcome is ‘fear.’
You can feel the fear of failure before you even start.
It may be a natural phenomenon.
It's scary when you're told for the first time in your life that you have to invest a lot of money in a field that no one has told you about.
Until now, we've probably learned and remembered that real estate investment is something only the old guard does, that people who invest in real estate are speculators, and that it's a matter of earning unearned income. For example, if you invest in an apartment worth 100 million won, many people think they need all 100 million won right away.
If you purchase an apartment worth 100 million won for investment purposes, about 80 million won of that can be covered by the tenant's funds.
And the remaining 20 million won is needed as pure capital, but it seems that many people only consider the worst-case scenario of not being able to pay the deposit and are afraid.
Of course, that's not wrong.
If you can't meet the deposit, you may need all 100 million won to pay the balance.
Of course, you need to manage your risks, but it's not advisable to give up before you even start.

--- p.50~51

- How long will this bull market last?
- To what extent will the impact of the bull market spread?
- How long will it continue to decline?

Geonhee's father has been asked this question countless times.
Of course, even experts have different opinions and perspectives, so I can only imagine how anxious consumers must feel.
To which beat should we dance? It's difficult for anyone to say where the market will rise, how much, and how long, and where it will likely stop rising.
Still, if I may be clear, I would say that there is hope for small investments in local areas.
Geonhee's father often recommended small local investments to beginners or those who need to increase their assets.
This is because the size of the market is smaller than that of Seoul, allowing for diversified investments in preparation for the upcoming adjustment period.

--- p.57~58

People are not perfect.
Anything can be done without trial and error.
If it is going to be trial and error, it should be less risky.
Shouldn't we experience situations that could have a significant impact on our lives if things go wrong, as if they were things we shouldn't encounter? In that sense, small-scale investments in local real estate offer beginners and those with limited capital the opportunity to discover experience and value.
Investing in local real estate will be a surefire way to protect your investment and grow your assets.

--- p.63

If you look at the construction complexes in Gyeongdong, there are many complexes that are supported by the jeonse price and have a gap, so the actual investment is not that high.
It's true that other investment experts are pushing this area, and even for beginners, it's a good investment because it doesn't require much investment capital and the price doesn't seem likely to fall easily.
But Geonhee's father's direction is different.
It has already surpassed its all-time high and has lost the acquisition tax benefit of less than 100 million won.
The most important thing is that there is no additional factor that will attract investors.
The follow-up phase requires actual residents to accept these properties, but the fact is that while there is an overflow of rental demand waiting for the I-Park follow-up complexes, there is a high possibility that the follow-up buyers who can purchase these properties will be weak.
So, rather than looking at the B-class areas that everyone else is promoting, Geon-hee's father is looking at C-class areas where he can continue to generate energy through investment flows.

--- p.275~276

Geonhee's father has invested small amounts in local real estate, but has never purchased a property in a Grade A area.
Not even once.
Most of the unsold apartment complexes in B and C grade areas were paid off and when I looked back, I saw that the prices had increased by 100 to 200 million won. Since I was betting on time by setting a small deposit for C grade complexes in areas where the residential location was changing, the prices naturally went up.
At that time, even if you were asked to enter at that price, very few people would enter.
Since everyone is only looking for good, expensive, and stable products, isn't it true that the investment money just keeps pouring in and the returns aren't high?
--- p.276~277

Personally, Geonhee's father watches the prices of these major stocks with great interest.
This is because it serves as a benchmark for the sale prices of subsequent supply complexes or redevelopment complexes.
According to the construction industry, due to the skyrocketing raw material prices and rising land prices, it is now difficult to sell an 84㎡ unit for less than 350 million won, even in rural areas.
This is why it is important to understand the price of the major shareholder, which serves as a benchmark for the member price and the general price.

--- p.342~343