***Highly recommended by Korea's top economist, Dr. Hong Chun-wook!***

The secret to making 100 million won with 300,000 won a month!
An easy-to-follow asset allocation investment portfolio for even beginners: Full disclosure.

A realistic and safe pension investment method that starts right now

“For a successful retirement plan or to buy a home, we recommend investing in asset allocation right now.
(…) However, I think it has a great advantage in that it can record annual performance of 6-8% instead of suffering losses once every 10 or 5 years.
"
_From the recommendation of 'Hong Chun-wook'

The author opened his eyes to asset allocation investing by signing up for pension savings to receive tax-free benefits.
By consistently paying 300,000 won every month, I was able to save money, and this money became the basis for my investments.
"Start Investing in Pensions Now" will serve as a guide for those who want to understand what pension investing is and those who are unsure how to begin.
It provides strategic guidance on how to utilize pension products and how to diversify your investments.
The detailed pension investment strategies and asset allocation methods, especially for beginner investors, will make you want to open a pension account and put them into practice right away.
This book provides practical investment methods that anyone can easily follow, and guides you through the safest and most reliable shortcuts to increasing your assets.
This is an introductory book for those new to pension investing, and an essential guide for those seeking a systematic and efficient investment strategy.

Looking back to 2011, when I first joined the company, the interest rate on a 3-year savings account was in the mid-5% range.
At the time, the interest rate was not satisfactory.
I mainly only saved for one year because I was worried about whether I could keep it there for three years.
Of course, I regret it now very much.
As time went on, we experienced ultra-low interest rates from 2020 to 2022, when the COVID-19 pandemic was at its peak.
The expression 'zero interest rate' was also used to mean close to 0%.
In some countries, such as Europe and Japan, 'negative interest rates' have emerged.
As I was saving in a situation where interest rates were gradually decreasing every year, I didn't earn much interest, but I also saved up seed money through savings at first.
--- p.24, from “Start with Savings, Time Deposits and Funds”

Asset allocation investing already has ample theoretical and empirical evidence, and has even become an established academic discipline in the United States.
So, I am confident that if I consistently follow the strategy I have chosen without any doubts, I will eventually be able to achieve a certain level of success.
However, if I were to recommend asset allocation investing to someone else, there are two main points I would like to convey first.
It is an investment method that 'everyone should do', but 'not an investment that everyone can do'.
--- p.45, from “Portfolio Theory”

When investing, it is necessary to look back at 'me', the one who makes the investment-related decisions and carries them out.
No matter what strategy, when, what asset or stock you invest in, or how much you invest.
Some people say that it is okay to lose it because it is a small amount or because it is money received as an incentive.
While I may be okay with labeling money for income or consumption, I am against labeling money for investment.
There is no such thing as money that can be lost in the first place.
--- p.51, from “In the end, it’s for ‘me’”

The reason you should start with pension savings, IRPs, and ISAs first is because of the tax deductions (on contributions) and tax benefits (on earnings).
If you invest in a general account, there is no tax deduction, and you will have to pay various taxes (capital gains tax or dividend income tax) on the profits realized from investments in the account.
However, tax-advantaged accounts have a deferral effect that allows you to avoid or postpone paying taxes.
It may not seem like much, but when comparing the returns of a regular account and a tax-advantaged account, even if you make the same trades with the same portfolio, the difference in returns can be as much as 0.8-1.0% per year.
--- p.69, from “Accounts, Let’s Not Get Confused Anymore”

The first things to consider when adding assets are bonds and stocks.
These two can be likened to the two major chicken brands: fried and seasoned.
The reason we consider these two assets first is because their asset markets are large and therefore easily accessible (the bond market is larger than the stock market).
In a word, it is popular.
In the asset markets, the word "popular" usually has more positive connotations than negative ones.
Because it means more people can invest, at lower cost, with easier procedures, and with more options.
Of course, you can obtain more information necessary for investment.
--- p.95, from “Fundamental Combinations, Bonds and Stocks”

There is a joke that Westerners sometimes throw out with resignation.
That is, “Death and taxes are inevitable.”
The same goes for risk.
Not only asset allocation, but also investments as a whole show this tendency.
If you pursue higher returns, you must also accept increased risk, including the possibility of losing your principal.
There can be no increase in expected return 'without' an increase in risk.
--- p.117, from “The Five Principles of Asset Allocation”

For those of us who want to invest in asset allocation, I would say that it is sufficient to consider only basic ETFs and blended ETFs.
In particular, I believe that the basic ETF containing one index (underlying asset) best represents the essence of this product.
Diversification can be achieved by holding multiple types of underlying ETFs, preferably those based on correlated assets.

--- p.146, from “Understanding ETFs to Trade”