Employee: Invest decades or time, money, energy in education, college, CV, interview skills, etc and still can't get entry level living wage job. Company: Doesn't invest in local talent (teach skills, give exp, mentor) and hire foreign talents instead who earn money locally and spend money overseas as a giant middle cn|`|nn 👆 to employee. Also C: How come ppl don't want to invest in my stocks and bonds when they can't survive or earn money in this dumpster fire economy?!? How come they shop where they are hired and vote with their feet?!?? 😲😢
Last time I watched videos about investing majority of advisers were women, I just realized modern world and money is mainly tailored for women. I have no idea what do men do... I'm guessing building infrastructure for women or selfpitting :D
A kidney transplant can still cost a fortune regardless of whether we're male or female. Or cancer treatment. These things become more likely to strike us later in life. If you're living in a welfare state you can try to ride it out, but you'll always be better off with savings in so many ways. I'm 41 and could maybe stop working now and just live cheaply, but I'm going to be building my portfolio for another 9 years or so. Basically you would want to save 1-2-3 million USD ideally, to quit work and just play video games the rest of your life while trolling the internet while living in the country of your choice. But you don't actually "need" even 1 million USD. 200k USD may be enough to retire in a country like Vietnam and live like a king. A frugal king, but a king nonetheless.
I save money, but I invest it. I invest it into additional supplies, like extra soap, shaving razors, toilet paper, paper towels, shampoo, toothpaste, extra bags of rice, car parts, computer parts, etc. If I have more left over, I buy bonds that pay interest every year. I also buy precious metals. As for cash, I want to have enough to pay all my bills for about 3 years.
Saving money is generally not a good idea when you're in an economy with runaway inflation. What you instead need to do is invest in assets which will either make you more money or increase in value over time. Stuff like land or tools or livestock.
The trick to saving money is not to save cash, but to save by investing in a hard assets. Property or anything else that grows in value with inflation.
Money lose value same like this day usd used to be 108 yen now 156 so 10000 yen lost the value but Japanese system can’t make it easy for you to investment like crypto
just buy amazon or google stock, they're great companies, great value propositions, and they're not losing marketshare in meaningful ways. Or just dollar cost average into etf indexes like qqq or voo
gold isn't really a good investment, it's almost pure speculation just like stocks that don't pay dividends. silver however is mostly bought for industrial purposes so should actually track inflation, whereas gold can wildly go up in a bubble and potentially crash. Also here's a good video about the stock market. ua-cam.com/video/Az1dpnC4AxA/v-deo.html (although this problem is mostly in the US, not so much Japan and Europe).
most Singaporeans lives in Housing Development Board apartment middle income earners are always sandwiched as they need to provide for elderly parents and children some people who understand about investments would be brave enough to take the plunge
How could japanese people dont save? You guys work more than half day, have to sleep so you dont have time to spend money, you dont even take vacations... But for sure there are not a thing like save too much, this is just bull shit
Okay, now things are getting serious no more horsing around. We're taking Crunchyroll down! Brainstorm time: how do we make the MrJapan channel bigger than PeDoPie? Serious suggestions only!
Thank you so much for watching guys 🥰 YOLO!!
Mr Japan will defeat Crunchyroll! 👍💪😎
Spend more, that's what the conglomerates want. Spending is good, Savings is bad, Up is down, Down is up, Good is evil, and war is peace.
Employee: Invest decades or time, money, energy in education, college, CV, interview skills, etc and still can't get entry level living wage job.
Company: Doesn't invest in local talent (teach skills, give exp, mentor) and hire foreign talents instead who earn money locally and spend money overseas as a giant middle cn|`|nn 👆 to employee.
Also C: How come ppl don't want to invest in my stocks and bonds when they can't survive or earn money in this dumpster fire economy?!? How come they shop where they are hired and vote with their feet?!?? 😲😢
Last time I watched videos about investing majority of advisers were women, I just realized modern world and money is mainly tailored for women.
I have no idea what do men do... I'm guessing building infrastructure for women or selfpitting :D
A kidney transplant can still cost a fortune regardless of whether we're male or female.
Or cancer treatment.
These things become more likely to strike us later in life.
If you're living in a welfare state you can try to ride it out,
but you'll always be better off with savings in so many ways.
I'm 41 and could maybe stop working now and just live cheaply,
but I'm going to be building my portfolio for another 9 years or so.
Basically you would want to save 1-2-3 million USD ideally, to
quit work and just play video games the rest of your life while
trolling the internet while living in the country of your choice.
But you don't actually "need" even 1 million USD.
200k USD may be enough to retire in a country like Vietnam and live like a king.
A frugal king, but a king nonetheless.
6:22 “I think on your accent is kinda thick, man” cracked me up 😂
🤣
Happy New Years Dude
Yo Happy New Year my friend 🎆🎉🥂
I save money, but I invest it. I invest it into additional supplies, like extra soap, shaving razors, toilet paper, paper towels, shampoo, toothpaste, extra bags of rice, car parts, computer parts, etc.
If I have more left over, I buy bonds that pay interest every year. I also buy precious metals. As for cash, I want to have enough to pay all my bills for about 3 years.
Not even 10% in cryptos? Stocks bit risky atm
@@DayrusBPB I am an old guy, I only park money in safe investments.
Saving money is generally not a good idea when you're in an economy with runaway inflation. What you instead need to do is invest in assets which will either make you more money or increase in value over time. Stuff like land or tools or livestock.
If you don't want to save money just send it to me. I will treat it as my own.
6:23 I think her accent is kinda good, the typical Southeast Asian/Chinese
Cantonese.
@treystephens6166 ye but also Singaporean and Taiwanese accents sounds the same
@ I work with Taiwanese people 🇹🇼
@@treystephens6166 dope I have Taiwanese friends 👍🙂 what is your job?
@ I’m a part time dishwasher at a Chinese restaurant.
The trick to saving money is not to save cash, but to save by investing in a hard assets. Property or anything else that grows in value with inflation.
I invest quite alot of my income. Also I read books on business and investing. most recently read the Millionaire mind
Money lose value same like this day usd used to be 108 yen now 156 so 10000 yen lost the value but Japanese system can’t make it easy for you to investment like crypto
This is just 😂😂😂
Haha was that funny?? I am so glad 🤣
just buy amazon or google stock, they're great companies, great value propositions, and they're not losing marketshare in meaningful ways. Or just dollar cost average into etf indexes like qqq or voo
gold isn't really a good investment, it's almost pure speculation just like stocks that don't pay dividends. silver however is mostly bought for industrial purposes so should actually track inflation, whereas gold can wildly go up in a bubble and potentially crash. Also here's a good video about the stock market. ua-cam.com/video/Az1dpnC4AxA/v-deo.html (although this problem is mostly in the US, not so much Japan and Europe).
MrJapan, what is your take on people buying those akiya houses? Certainly enticing, but the fixup process might be painful
most Singaporeans lives in Housing Development Board apartment middle income earners are always sandwiched as they need to provide for elderly parents and children some people who understand about investments would be brave enough to take the plunge
I’m going to start reading again in 2025. I picked out MICHAEL CRICHTON’S: RISING SUN (1992) Novel 📖
I can't save enough tbh.
How could japanese people dont save? You guys work more than half day, have to sleep so you dont have time to spend money, you dont even take vacations... But for sure there are not a thing like save too much, this is just bull shit
Why don’t they change things??
Okay, now things are getting serious no more horsing around. We're taking Crunchyroll down! Brainstorm time: how do we make the MrJapan channel bigger than PeDoPie? Serious suggestions only!
Thank you🙏 I will try to make more interesting videos😎
singaporean accent is hilarious
Singaporean english is an accent lol they speak fluent english