People indifferent to investment

Everyone wants money. And there are several ways to earn money.

In general, money is a reward for work. Thus, the harder you work, the more you earn the salary.

However, working hard is not the best way to get rich. It has been a common sense at least since early in the 20th century.

Independent: Top financial adviser: 'If all you do in life is work really hard, you're never going to get wealthy'

The content of this article above is absolutely correct. Investment is a solution for you to increase your cash. To be honest, I was disappointed by this article because nothing new was mentioned in this issue.

In reality, there are three types of people who are not involved in the investment. The first category includes naive people. They are not willing to invest their money because they have no complaint about their income. Physicians, lawyers, and some officials are likely to be indifferent to investment. The second reason is lack of knowledge. Some people cannot distinguish investment from gambling. Traditionally, Japanese are deemed to not be good at investment. But in recent years, more Japanese are entering the activity of investment.

And, the third category is poor people. They do not have enough money to invest. They have no money for saving. And investment is not possible when you have no savings. As a result, they have no opportunity to learn about investing. And it leads to widened inequality.

My concern is the third point. Investment itself does not require much money. But poor people hardly get the start point. Also, some people lose money due to the lack of knowledge. Especially in Japan, early exposure to money literacy education is essential, I believe.