American stocks are not a trend
It's the core of the money pipeline!

The global capital market is now being reorganized around the United States.
As the center of gravity for innovative industries such as artificial intelligence, semiconductors, and biotech shifts to the United States, global investors' attention is focused on one location.
Korean investors also find it difficult to find investment solutions if they remain complacent within the domestic market.
This book confronts that reality and clearly answers the question, "Why should we invest in American stocks?"
The authors, three veteran economic journalists, have drawn up a practical investment guide based on the data and insights they glean from their daily market coverage.
This book is not simply a stock recommendation book, but rather one that helps you develop the ability to read the direction of asset flow and make your own judgments.
In particular, the system investment method centered on M7 provides an unwavering standard even in uncertain times.

It includes practical information on pensions, ETFs, and taxes, and contains investment methods that even beginners can immediately implement.
In an era where we must move from the time of labor to the time of capital, this book provides the most realistic way to create a "second paycheck."

As AI transforms the world, only a select few will be able to seize the opportunity.
This book is a guide that teaches you how to 'get into the minority position'.
It provides a detailed explanation of macro trends, including the U.S. government's industrial policy, dollar hegemony, and corporate shareholder return strategies.
It also covers how to build a "systematic investment system" to help investors control their emotions and habits.
The ultimate goal of this book is to create a structure that allows my assets to work in the global market even at dawn while I'm asleep.
What stands out is the focus on creating a structural investment system rather than short-term trends.
In particular, as a reporter, it contains vivid cases and statistics that I gathered while covering the stock market firsthand, so it has a real-world feel.
Above all, the book's greatest strength is its balanced perspective, starting with the question, "Why should we invest?" and moving on to "How should we sustain it?"
This book reminds us that in uncertain times, the truly rich are those who 'read the board.'

Not only in terms of the stock market, but also in terms of GDP, the United States is a major economic power, accounting for 26% of the world's total.
There's a reason they say that when America sneezes, the world catches a cold.
The foundation of a portfolio is asset allocation.
If you invest in the global stock market, it makes no sense to create a portfolio that excludes the U.S. market, which accounts for more than 60% of the global stock market.
Moreover, the United States is the place that prints the 'dollar', the key currency.
The power of a reserve currency country is further highlighted in times of crisis.
The won, as well as most currencies around the world, fluctuate depending on the monetary policy of the U.S. central bank.
--- From "PART 1 Why You Should Invest in US Stocks"

If the U.S. economy continues to grow strongly, government debt may not be a major problem.
However, concerns may continue to be raised about whether the forced growth created by the huge fiscal deficit can be sustained in a high-interest rate environment.
Investors will need to continue to pay attention to the level of U.S. Treasury yields and invest in U.S. stocks.
--- From "PART 1 Why You Should Invest in US Stocks"

Under Donald Trump's second term, Nvidia faces both opportunities and challenges.
President Trump, who is pro-business, said he would promote the AI ​​industry through the 'Stargate Project', which will invest $500 billion to build AI infrastructure.
But at the same time, a sense of crisis is brewing in Nvidia's AI semiconductor supply chain as it wages a tariff war against the world.
TSMC in Taiwan, which manufactures Nvidia's semiconductors, and SK Hynix and Samsung Electronics in Korea, which produce high-bandwidth memory (HBM), a key component of AI semiconductors, are key members of the supply chain. If uncertainty increases, Nvidia's stock price could also fluctuate accordingly.
--- From "PART 2: The First Step to Investing in the US Starts with M7"

Amazon is focusing its business on providing a variety of AI models through 'selection and focus'.
In December 2024, at AWS's annual event, "re:Invent," it was announced that "just as in real life, not all specialized questions go to one person, customers will use different AI models for different purposes in the future."
Accordingly, the company is developing services such as natural language processing, image generation, and video generation through its AI series, ‘Nova’ and ‘Moda’.
Moda, a multimodal AI platform, will offer performance in three distinct flavors: Light, Pro, and Premiere. This move is aimed at companies using AWS.
--- From "PART 2: The First Step to Investing in the US Starts with M7"

For big tech companies that are rushing to develop technology to dominate the AI ​​market, ‘AI chip independence’ is more urgent than ever.
Broadcom is a beneficiary of this movement by big tech companies.
Previously, the company's main business area was semiconductor design for communication equipment such as Wi-Fi and Bluetooth, but with sales maximizing in ASICs, the company is transforming into an AI semiconductor company.
AI-related revenue is projected to reach $12.2 billion in 2024, a 220% increase from the previous year, and its share of the company's total revenue will increase from 11% to 24%. While ASICs offer slower processing speeds than Nvidia's GPUs, they offer the advantages of greater energy efficiency and lower costs.
--- From "PART 3: Finding the New M7: From AI to Bio and Aerospace"

To operate a quantum computer stably with current technology, ultra-low temperature environments, vacuum conditions, and strong magnetic fields are essential.
Naturally, research and development costs are bound to be high.
In addition, even if the environment changes slightly, the quantum reacts sensitively and errors can easily occur.
For this reason, it is expected that the technology will have difficulty crossing the threshold of the laboratory for some time.
Quantum computing isn't a magic wand.
Depending on the nature of the problem a company is trying to solve or the amount of data, it is often more efficient to use off-the-shelf computers.
Due to these characteristics, most quantum computing companies are pursuing their business with the goal of spending large amounts of money on research and development for a while and then improving their profit structure through commercialization.
Accordingly, it should be noted that stock price volatility may be high for a period of time.
--- From "PART 3: Finding the New M7: From AI to Bio and Aerospace"

Those who are new to investing in US stocks but are hesitant to invest in Big Tech have two main concerns.
I know that Big Tech is a good company, but I'm worried that its stock price is too high and expensive, and that there might be a bubble in its stock price.
This is a major topic of debate in the securities industry, with many opinions being exchanged.
But there is a point where opinions generally converge.
It is very different from the dot-com bubble of the early 2000s.
--- From "PART 4: Things You Must Know When Investing in US Stocks"

In the stock market, information is money.
This is because stock prices fluctuate depending on each company's earnings announcement, expected earnings, and analyst evaluations.
As the capital market in the United States is developed, a lot of information, including performance and investment opinions, is open.
There are also many websites that are organized to help investors easily find information.

Representative websites include MarketBeat and Tipranks.
Simply search for a stock name to see Wall Street analysts' comprehensive investment opinions on the stock, as well as its future target stock price.
The Earnings tab also shows recent quarterly results, earnings calls (which detail the company's performance), and Wall Street analyst estimates for the upcoming earnings release date.
--- From "PART 4: Things You Must Know When Investing in US Stocks"
For US dividend-focused investors looking to save money under the current tax system, the best approach is to actively utilize brokerage ISAs and pension accounts.
This is because dividends from the two accounts are not included in the comprehensive taxation of financial income and are taxed separately at 9.9% and 3.3-5.5%, respectively.
When the pension income in the pension account exceeds 15 million won, it is subject to comprehensive taxation by combining it with other income, but even in this case, you can request separate taxation at 16.5%.
Pension account income is not subject to health insurance premiums.
However, since the two tax-free accounts cannot directly invest in U.S. stocks, they must invest indirectly through domestically listed ETFs containing U.S. dividend stocks.
--- From "PART 4: Things You Must Know When Investing in US Stocks"

ETFs are financial products that are traded like stocks, but track a specific index and allow you to invest in multiple stocks at once.
Because it is officially listed on the stock market, it can be traded in the same way as individual stocks.
This means that you can freely specify the buy and sell prices and buy and sell in real time at any time during the trading day.
On the other hand, general funds are different.
You must sign up through the website of a securities firm, bank, or asset management company.
It is not possible to trade by reflecting real-time prices like stocks.
Even when making a refund, it often doesn't happen right away.
Therefore, it is difficult to respond immediately like stocks or ETFs when good news disappears or when sudden bad news occurs.
--- From "PART 5: The Basics of a Portfolio Start with ETFs"

When an index uses price weighting, companies with higher stock prices, rather than market capitalization, have a greater impact on the index.
The Dow Jones Industrial Average and the Nikkei 225 Index operate in this manner.
The calculation method is intuitive and good for viewing historical trends.

However, the limitation is that a company with a high stock price may have a large weight in the index even if it is not necessarily an important company.
Even if a company is in a "declining sector" where competitiveness has already declined, if its stock price is higher than that of a growing company, it will have a greater impact on the index.
Considering these differences, choosing an appropriate index based on each investor's investment goals, investment timing, and market environment determines long-term performance.
--- From "PART 5: The Basics of a Portfolio Start with ETFs"

Beginners who are investing in US stocks for the first time often have difficulty picking good stocks.
I'm worried that investing in successful companies like Tesla, Nvidia, and Microsoft might be like sticking to a cliche.
Buying traditional powerhouses like Chevron, Walmart, and Coca-Cola feels like being left behind in the trend.
In such cases, it is a good strategy to invest by referring to the portfolios of experts.
By scouring the internet for expert fund compositions and observing the stocks to be added and removed, you can achieve more stable returns in your portfolio.
--- From "PART 6: Building a Practical US Portfolio"

Dividend Kings and Dividend Aristocrats have a long history of paying dividends.
So, there are many listed companies in traditional industries such as food and beverage, which gives the impression of being somewhat boring.
But even among dividend stocks, there are many innovative and young companies.
In the U.S. stock market, dividend stocks known as "Achievers" are on the rise.
There are about 250 categories of achievers.
The industry coverage is wider than that of dividend kings or dividend aristocrats.
By diversifying your portfolio from dividend kings to dividend achievers, even dividend investors can make investments that align with recent trends.
--- From "PART 6: Building a Practical US Portfolio"
In the United States, the average annual return on retirement pensions has reached 8% over the past decade, leading to over 500,000 workers retiring as pension millionaires.
According to Fidelity, an American asset management company, the number of pension millionaires in the United States reached a record high of 544,000 as of the third quarter of 2024.
--- From "PART 7: Let's wake up your sleeping pension account"

Recently, the number of young workers actively managing their retirement pension accounts by utilizing U.S. stock-type exchange-traded funds (ETFs) is increasing.
However, there are still many people who are unaware of the existence of their own retirement pension account or who leave it in a principal-guaranteed product.
Experts agree that “retirement pension accounts should be actively utilized because they offer tax benefits.”
The two main types of stock-related products that can be invested in from pensions are funds and ETFs.
Individual stock investments are not possible, only indirect investments are possible.
The advantage of ETFs compared to regular funds is that they have lower fees.
The longer the investment period, such as pensions, the greater the impact of management fees on returns.

--- From "PART 7: Let's wake up your sleeping pension account"