“Opportunities are born anew!”
Transformed from a salaried worker to a billionaire
How to set up a system for 'Knowing Seniors'

An ordinary salaried worker, aware of the reality that neither the government nor the company would take responsibility, studied hard and invested aggressively, becoming a billionaire.
This is the story of Nanawi, the author of "Retire as a Salaried Worker and a Rich Person," which is being released as an expanded edition to commemorate the sale of 100,000 copies.


When this book was published in 2019, the author was a salaried worker who worked during the day and visited real estate sites at night. However, after just three years of investing, he earned 30 years' worth of annual salary and became a billionaire, becoming a true 'FIRE (Financial Independence Retire Early)'!

In a capitalist society, if you consider the profits from investments as unearned income, you will be forced to work hard to make a living even in old age.
The key is to transform earned income into capital income, establishing a "system" that will do the work for you! This book explains why you should invest, how ordinary office workers should set goals and manage their income and expenses, and provides an investment manual that can be followed immediately, helping anyone prepare for the future and retirement through real estate investment.


This expanded edition includes the author's answers to readers' FAQs amidst the infinitely different real estate market, tax, and policy changes from three years ago, updates to investment properties previously disclosed in the first edition, and new information investors need to know about the Yoon Seok-yeol administration.


You ask in the special preface to the expanded edition:
In an era where everyone is an investor, I pat the back of those who are anxious about whether their investments are going well or whether it is too late.
New opportunities are being born even today.

It doesn't matter what your reason is.
What is clear is that as long as you are so caught up in your prejudices and preconceptions that you cannot face reality, they will eventually catch up with you in a capitalist society.
Real estate has never lost its value as an asset in human history.
Therefore, if you fail to see the true nature of real estate, you will inevitably end up in a difficult economic situation.
It's not just my thoughts or opinions.
This is the reality and truth that history tells us.
---From "Prologue_The Company Is Not Responsible for You"

If you look around more carefully, you will see how different the outcomes are for those who recognize the nature of capitalism and inflation and those who do not.
Even if you work at the same company and receive the same salary, the gap in assets is bound to widen.
Because no one is immune to the effects of inflation.
If we had recognized and accepted this first, we would have realized that it would be difficult for an average office worker to prepare for retirement or become wealthy just by saving their salary.
Are you going to let the money you've worked your whole life to earn rot in your bank account like this? You need to find a solution.
This is a measure to change money into assets rather than cash.
---From "Chapter 1_Why Should You Invest"

I first controlled my spending to save up the money needed to purchase production assets.
As time passed and the necessary amount of money was accumulated, productive assets were purchased one by one.
Among the various types of productive assets, the one I chose was real estate (land).
And thanks to the real estate I've purchased over the past three years, I've earned an income I couldn't even dream of in the past! And this is despite the fact that I'm still working, spending money on necessities, and doing the necessary work to purchase real estate without actually doing any work.
The only thing that has changed is that we have changed what we spend our money on: from buying things that we can never resell for more than we bought them for (consumer assets), we have started buying things that we can sell for more than we bought them for (productive assets).
---From "Chapter 2: Where You and Money Should Go"

If you want to make a real estate investment that won't lose money, you need to have these three things:
First, the ability to discern whether real estate is undervalued; second, the ability to maximize investment efficiency with a small investment amount; and third, the ability to mobilize funds to protect your assets against things like reverse mortgages.
If you possess these three qualities and increase your asset size, you will experience your net worth increasing at an unexpected rate whenever a real estate market rises in a stepwise manner.
Not only while you are working, but also while you are eating, sleeping, and resting.
---From "Chapter 3: Results Even Ordinary Office Workers Can Achieve"

A good investment should be one that pays you back the moment you buy it.
This is possible if you buy something cheap compared to its current value.
Even if the market goes into a bear market after I purchase something, contrary to my wishes, I won't lose anything because I have secured a safety margin since I bought it at a price lower than its value.
You can make a loss-free investment only when you are confident that the item you are considering is undervalued compared to its intrinsic value.
Buying 'undervalued' items is a necessary and sufficient condition for a loss-free investment.
So, in order to determine whether real estate is undervalued, we must first understand what undervaluation is.
Undervaluation refers to a situation where the price is low compared to the value of the property. Since the value of real estate is determined by its location, whether it is undervalued can be determined based on whether the price is cheaper, more appropriate, or more expensive than the location.
---From "Chapter 4_Essential Knowledge for Successful Investment"

Among the trading anecdotes of investment experts, there are stories of people purchasing great properties at incredibly low prices using their eloquence and exceptional negotiating skills. However, in reality, it's not easy to achieve such dramatic price negotiations.
And what is more important than the buyer's negotiating power in price negotiations is the market atmosphere at the time of purchase.
This means that the overall market sentiment at the time when investors are interested in purchasing an item has the greatest influence on negotiations.
In a market where the seller has the absolute upper hand, if you try to lower the price of an item, you may lose it.
Because the market atmosphere surrounding sellers and buyers is already so great, it is difficult for individual efforts or experience to shine.
---From "Chapter 5: An Investment Manual Anyone Can Follow"

No matter how desperately you want to go fast, you can't go fast if you lack experience.
If you rush and take the wrong direction, you may not be able to return.
That may be why the word "survival" comes out more often than "success" from the mouths of senior investors who have been making successful investments for a long time.
They say.
That you have to survive first rather than hoping for great success.
If you can survive and go far, even if it's late, that's success.
(Omitted) If it is a new area or an unfamiliar path, I hope you will acknowledge that you cannot go quickly even if you try to, and go slowly and knock on the door.
If you are on a long road with people heading towards the same destination as you, the road will not be so difficult.
---From "Chapter 6_If you want to grow your money bowl"

There is a saying that 'no asset's price will rise forever.'
What does this mean? Falling prices mean future opportunities are slowly fading away, and so right now, prices are falling, and areas are emerging that could one day become prime buying opportunities.
I can confidently say that from now on, opportunities will be thrown to you, me, and all of us, in a different region and at a different time than before.
This is why you should start studying from now on and seize those areas and opportunities.
Not only are opportunities still available, but new investment opportunities will soon be upon you.

---From the "Special Additional Text"