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How the Rich's Time Turns into Money
How the Rich's Time Turns into Money
Description
Book Introduction
“Instead of saving 100 million in a year,
“Invest 100 times with 1 million won!”


"Investment God" Park Sung-hyun talks about money, investing, and life.

★ "I Buy Dollars Instead of Stocks" by Park Sung-hyun! ★
★ The Realistic Wealth Mindset of a Billionaire! ★
★ The investment story that changed the lives of 180,000 subscribers! ★

“Time is more precious than money!” This is what rich people say in various media.
Is this true? Since time is given equally to everyone, is the time of the rich and the poor equally valuable? Bestselling author Park Sung-hyun, known for works like "I Buy Dollars Instead of Stocks," "Following Dollar Investment Blindly," and "Magic Split," answers, "No."
Born with nothing but debt as a "dirt spoon," he started his social life in a 1-pyeong (approximately 3.5 square meters) rented room remodeled from a comic book store boiler room. However, after 18 years, he achieved financial freedom and eventually became a billionaire. He emphasizes that "the value of time is different for the rich and the poor."
If you are already rich and have a lot of money, time is relatively more precious.
But if you don't have money, you have to earn money through your relatively less valuable time, and then use the money you earn to buy back time.

So how can we turn time into money? The answer is simple.
You need to invest your time into saving and earning money.
However, many people consider this experience to be of low value, saying that it is 'not cost-effective'.
These experiences may accumulate to create wealth, and that wealth may buy you time later.
This book contains 66 truths about money that the rich don't specifically tell those who don't know how to live to become rich.
“Time becomes more valuable than money after you become rich,” “Earned income is the source of wealth,” “You can only properly leverage things if you try it yourself,” etc. This book is filled with stories that only the author, who has continuously upgraded his life from an office worker to an investor and from an investor to a businessman, can tell, having made money in various ways.
How does the rich's time become money? Why do the rich become rich early and continue to grow richer? The author seeks to answer these questions through his own life and shares them with us.
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index
Prologue: The more time you spend on money, the more free you become from it.

Chapter 1: Why the Rich Get Rich Early: Mind

Would driving a Benz and living in an apartment with a view of the Han River be a happy life?
Happiness can also be quantified
If you believe that time is more important than money
The thought that even if you have money, you still have worries
In the end, it's all about money
The lie that you'll be bored if you don't work after retirement
I want to be like my dad
Between money and efficiency
Even Bill Gates can't pass up money that falls on the street.
There is no unproductive experience in the world.
If you can't endure it now, you'll have to endure it even more in the future.
What I've learned from doing all the money-making things
The Trap of the Phrase "Those Who Were Born to Good Parents"

Chapter 2 Why the Rich Spend Time on Work: Work

There comes a time when the body cannot keep up with the mind.
Why You Should Love Money More Than Work
Quiet resignations and quiet dismissals
Don't work as much as you get paid, get as much as you work.
Miracle Morning with guaranteed profits
There is no such thing as unearned income.
Follow even stupid instructions, but be smart.
Everyone who makes me money is my customer.
When Manager Kim's flattery feels like an eyesore
The Correlation Between Old Folks and Capitalism
You can never become the owner of that company.
It will be a valuable and hard to find part.

Chapter 3: How the Rich Turn Time into Money: Investing

The company is ready to abandon you at any time.
What kind of work is suitable for economic freedom?
There is no goal that can be achieved at once.
Investments you can make and investments you shouldn't make
Survival rate rather than profitability
The skill of 'Tago Baejang', which guarantees victory even when the odds are against you
The most important reason to buy and sell in installments
How much can you afford to lose
Investment vessel
The more you plant, the more you don't get.
If you ask how much should I invest?
It's not because there's a lack of investment funds.
Don't follow the rules of investing blindly.
Confirmation bias: seeing only what you want to believe
The anchoring effect: the idea that it has to be that price.
Beware of the hindsight bias and the gurus who only talk the talk.
Disposal effect, people pulling out flowers and planting weeds
Loss aversion bias and the swamp of involuntary long-term investment
Sunk costs and being held back by the thought of capital gains
Getting used to the profit by hanging out at the door
Ownership Effect: Don't Become One with the Stock
Action bias, the feeling that "something must be done"
When do you need John Burr?
Have you ever gathered a soul even once?
If you're afraid of losing, lose as much as you're not afraid of.
When faced with returns lower than deposit interest
Assets increase with synapse
When will our lives turn into profit?

Chapter 4: Where the Rich Spend Their Time: Life

Be as jealous and envious as you want, then follow suit.
The world is unfair, so I'm thankful
The illusion of 'for the family'
It's natural to lose old friends.
The only way to make friends with the rich
Marriage is one of those "good things" that can only be bought with money.
Regarding an urgent call from a friend asking to borrow money
There are places that are visible as much as you know, but there are also places that are invisible.
Sometimes you have to resort to shortcuts
How to become a landlord through monthly rent
If we interpret the rules a little differently
Not a derailment, but a coal mine
There are fewer things that are impossible than you think.

Epilogue: In the end, only the tenacious survive.

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Into the book
This world is full of good things that can only be achieved if you are crazy about money.
I saved like crazy, saved like crazy, and worked like crazy until I finally found financial freedom.
This was not achieved through careless saving, careless saving, or careless effort.
Many people take it for granted that they can't get into Seoul National University if they study half-heartedly, and they can't play in the Premier League if they play half-heartedly, but they mistakenly believe that they can become rich by doing half-hearted things to achieve financial freedom.
But whenever you have the opportunity and time permits, you should read books about money, attend lectures, and study how to make money.
This too requires hard work and a 'crazy' effort.
--- pp.8-9, from “The more time you spend on money, the more free you become from money”

It is a perfectly rational choice for the rich to value their limited and scarce time more than the money they already have.
Likewise, it is a very smart choice for the poor to exchange their time, which would otherwise be wasted if they did nothing, for money.
--- pp.32-33, from “If You Believe Time is More Important Than Money”

Unless you are rich, you should use your money in a more rational and beneficial way so that you do not die from lack of money.
We know all too well that if we eat a month's worth of food in one day on a deserted island, we will only have ten more days to live, and even those ten days will be spent suffering from extreme hunger and starvation.
The story is that since we only live once, we should not pursue present satisfaction and happiness, but rather endure present satisfaction and happiness in order to complete our one and only life without a hitch.
--- p.62, from “If you can’t endure it now, you’ll have to endure it even more in the future”

A snake's head is better than a dragon's tail, but it's not worth it to be a lizard's tail, which can regenerate even if it's cut off.
If you don't recognize that you are a part, or if you think that you can do a sloppy job because you will never be the owner anyway, you will become a cheap and easily replaced consumable part, not a core part that is treated with respect.
And when it becomes worn out and broken, or even old and sick and cannot be replaced, it will just be discarded.
Even though we are just parts, the reason we have to work hard is to become core parts.
The experience and know-how accumulated in the process of striving to become a core component gives you the qualifications and opportunity to become the master of 'tomorrow' and 'my work.'
--- pp.126-127, from “It will be a valuable and difficult to obtain part”

The reason we should listen more closely to someone who claims to have found financial freedom by investing in blue-chip stocks for 30 years than to a seasoned trader who claims to have made a fortune scalping is because while "what is possible" and "what can be done" may seem similar, there's a subtle difference.
For skilled and experienced investors, investing in Bitcoin or 3x leveraged ETFs can also be good investments.
However, for ordinary and average investors, especially beginners, it is better to stay away from risky investments.
--- p.143, from “Investments You Can Make, Investments You Shouldn’t Make”

The idea is that you should invest large sums of money quietly and over time, and invest small sums of money in short bursts to increase the number of times you invest them, so that you can move towards large sums of money.
You can properly utilize the weapon called time only when you can think of the split buying and split selling strategy as a strategy that allows you to invest a lot with a small amount of money, rather than an investment that will result in a large loss while trying to make a small amount of money.
Once you experience that you can make a lot of money with a little money, just as a small drop of water uses time to carve away a rock, you will be able to make even more money with a lot of money.
--- pp.165-166, from “The Vessel of Investment”

Rather than blindly trying to adhere to the lines that someone else has unilaterally drawn, we must be able to think that we will create new standards and lines.
Steve Jobs, who shattered the idea that cell phones could only be used for making calls with his smartphone, and Elon Musk, who shattered the idea that cars needed engines and gasoline with his motors and electric batteries, would have been impossible without crossing the line between common sense and stereotypes.
--- pp.311-312, from “Not a Derailment, but a Line”

Publisher's Review
“You don’t get rich with one 1000% return, you get rich with 1000 1% returns!”
A collection of 66 capitalist strategies for those just starting out on the path to wealth!


“Time is more valuable than money,” “Throw away your earned income,” “Cash is trash,” “Use leverage actively,” and so on. Just a quick YouTube visit will reveal countless examples of this advice.
Some people say they started investing in stocks with 1 million won and became a billionaire, while others say they started investing in real estate with 10 million won and now own several buildings.
Of course it is possible.
But following this advice and becoming rich is a completely different matter.

In the capitalist world, building wealth is ultimately a 'mental game'.
If you're just getting into this game, you're probably mentally weak.
In this situation, if you borrow the methods of the rich who have built a strong mentality through numerous experiences and fail, you may suffer great damage and it may be difficult to recover.
So, rather than following the risky advice that says, “This is how you should do it to make big money,” you should be able to experience growing your assets without losing them.
Because experience is the key to surviving in the capitalist world and finding economic freedom.
This book was written to help you with just this experience.

The author says, “You need to accumulate 100 experiences of earning 1% profit with 1 million won before you can earn 1% profit with 3 million won, and you need to accumulate this experience 100 times before you can develop the ability to earn 1% profit with 5 million won,” and he reveals all the methods to acquire this ability in this book.
In addition to the author's unique investment method of split buying and split selling, you'll also find realistic interpretations of common psychological errors and the dangerous advice of the wealthy.
In other words, it is a capitalism strategy book written for beginners.
With the economic downturn, soaring prices, and job insecurity, we are now in a time when it is difficult to make a living.
If you're struggling now, deeply concerned about what to do if you can't work in the future, and can't sit still, but aren't comfortable enough to afford to lose money, this book will serve as a guide.
Through this book, let's experience building wealth little by little every day and achieve the life we ​​want with that experience.

“The more time you devote to money, the more free you become from it!”
A record of the fierce battle over money, from '18 years of wage slavery' to '10 billionaire'!


There was a poor man.
Born into a family that could not receive any financial support, he started his social life empty-handed.
I got a job at a large company, and my skills were recognized, so I worked there for 18 years.
He was promoted at lightning speed and successfully completed several large-scale projects that were labeled as “industry firsts.”
But at the end of all his competence and loyalty, all that remained was the 'voluntary retirement consent form'.
Realizing that a life solely dependent on a salary can sometimes feel shabby, he began studying money.
After reading over 100 books and devoting myself to them, I finally completed "The No-Lose Investment Method," and through it, I found financial freedom.
By publishing books on this topic one after another, he rose to the ranks of bestselling authors and earned the title of “God of Investment.”
And now he is developing a program that applies his own investment method and creating wealth through business.
This is the story of the author of this book, Park Seong-hyeon.

The author says that the 'money-crazy time' made all the changes possible.
Just as no one goes to Seoul National University with a half-assed degree, and no one plays in the Premier League with a half-assed kick, you can't achieve financial freedom and become rich with half-assed effort.
It is the time spent saving like crazy, collecting like crazy, and working like crazy that creates a happy life.
This book is a record of the author's crazy and intense time when he wanted to be free from money and therefore needed money.
If you want to know what kind of mindset you need to cultivate in your life to reach the path to wealth, I recommend opening this book.
It will be full of valuable advice written by someone who has gone before, hoping that it will help you run a little more comfortably.

“If I were to meet my 30-year-old self, I would want to give him this book.”
The Rich Man's Habits That Make Time Work for Him!

This book, consisting of four chapters, discusses in Chapters 1 through 4 what attitudes one should have toward mind, work, investment, and life to achieve financial freedom and build wealth.
Chapter 1, "Why the Rich Get Rich Early," explains why the rich learn about money early and do their best to become "people who make money."
You can learn how to think about and handle money.
Chapter 2, "Why the Rich Spend Time on Work," discusses how we should view earned income in an era where labor is looked down upon in favor of capital income.
Most people need to work to earn income and join organizations to survive. We explore how to approach this process and achieve financial freedom.
Chapter 3, "How the Rich Turn Time into Money," covers "investment," the most important element in finding financial freedom.
We'll help you steadily build successful experience in the world of investing by examining the mindset you need to have for successful investing and the plans and strategies you need to establish before you begin investing.

Finally, Chapter 4, “Where Do the Rich Spend Their Time,” examines where and how to use limited time.
The rich cite 'human relationships' and 'thinking beyond the line' as important aspects of life.
In this chapter, we will explore how to build relationships that can impact our lives and the role money plays in that process.
We will also examine the author's experience of investing time generously in "thinking beyond the line" and leaping forward in life, and reflect on how to break stereotypes and advance financial freedom.
The assets of a wealthy person who knows a lot about money tend to grow over time.
This is why rich people get rich when they are young.
So, if you become aware of money now, when you are the youngest, the earliest, time will be on your side and enrich your life 10 or 20 years from now.
Do you want to find financial freedom? Do you want to become rich? Get a glimpse of future wealth in this book now.
GOODS SPECIFICS
- Date of issue: March 20, 2025
- Page count, weight, size: 320 pages | 484g | 128*188*20mm
- ISBN13: 9791130665054
- ISBN10: 1130665054

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