[Loser's Behavior] When you look at stock information on that SNS, emotions increase by 65%
Compared to active career times
the wages for people aged 60–64 have fallen drastically
with the government planning to gradually abolish the “Senior Employment Continuation Benefit” to fill that gap.
This was learned on the 6th.
From the Tokyo Shimbun article
December 7, 2019 06:00
https://www.tokyo-np.co.jp/s/article/2019120601002581.html
＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝
Hello, this is Shimoyama.
If you continue to work for a company after turning 60,
your salary will decrease,so to compensate
the government has provided subsidies until now.
However,it appears that those subsidies
will be halved in 2025 andabolished by 2030.
In other words,
“from now on, when hiring the elderly,
companies should pay salaries on their own.”
That’s the gist.
For employees approaching retirement,
this is news you can’t ignore.
Frankly,there aren’t many companies that can pay on their own.
If so, the burden will ultimately fall onworking elderly people.
Even if they can continue to work at the same company after turning 60,they will likely have to work for a much lower salary than before.
It will be tough.
Motivation won’t be there,will it?
Even if you try job-hunting with the mindset of “I can’t go on like this,”unless you have unusually special skills,
it’s clear that senior job-hunting isn’t easy.
Pensions aren’t reliable,
even if you stay with the same company for a long time, you won’t earn much.
And you can’t switch jobs easily.
But life expectancy is increasing.
More people will be put in that situation, too.
By the way, recently there was news
that birth numbers in 2019 would definitely fall below 900,000
as reported.
Initially it was expected to fall below 900,000 in 2021,
but it fell below that number two years earlier than projected,
and below 900,000.
(Source: Tokyo Shimbun
https://www.tokyo-np.co.jp/s/article/2019120601002448.html)
“Japan is truly entering a difficult era,”
is not just my feeling.
＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝
Pensions are a global issue
＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝
By the way,when talking about pensions,
the problem isn’t limited to Japan.
France is currently in turmoil.
In France, unlike Japan,pension systems differ by profession.
For example, workers at a railroad company can receive a pension from age 52 under the current system.
The reason is that they must work underground,
and must work on weekends and holidays,
which is the basis for this.
From a Japanese perspective,
“What?”is the reaction.
In Japan,even if you work for Tokyo Metro or in an apparel company
that requires weekend and holiday work, you don’t receive such benefits.
However,france has long considered this normal.
But,“let’s change this,”
so President Macron ispromising to “unify the pension system.”
Now reform of the pension system is underway.
Naturally,those who can no longer receive those benefits are furious!
Hence
“From December 5, we will strike indefinitely!”
andthe metro and trains have largely collapsed on all lines except some.
In Tokyo, it would be like saying,
“During morning and evening rush hours, we’ll operate only the Yamanote Line.
The Oedo Line will operate as a backup.”
That’s the scale.
In Tokyo this year, during a typhoon there was a planned suspension,
but in France, this might continue daily regardless of weekdays or holidays.
Unthinkable, right?
A friend who was on the ground told me that
it truly doesn’t move.
Therefore, many will try to go to work by car,
and in the Paris suburbs there were days with 500 km of traffic jams.
Moreover, there are fierce demonstrations.
No matter who is inconvenienced,
the attitude of resisting authority by saying,
“I don’t like it, so I’ll resist,”is something that may not be common among Japanese people.
If a similar reform were to happen in Japan,
there would not be as much public opposition as in France, and
it would likely be decided quickly.
In any case,as Japan faces a declining birthrate and aging population,
the system will increasingly pressure the public.
There is no doubt about that.
“Let the state or the system protect you”
is a mindset to discard;your life must be protected by yourself,
so you must be prepared to take responsibility.
＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝
Seeing stock tips on social media makes you emotional and up 65%.
＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝＝
Amid all this,some people are turning to investing,
but most start with gathering information.
Many rely on information from professional analysts or current traders.
One of the tools actively used in that process is
Twitter.
Perhaps you too
are valuing real-time information
as it streams in.
However,collecting investment information on Twitter
may reduce your chances of winning in investing.
A study funded by Twitter found that
reading Twitter increases emotional arousal compared toregular websites.
It was noted that simply scrolling Twitter timelines can raise arousal by
about 65%.
(Note: this was funded by Twitter for their own purposes and has not undergone peer review.)
Tarri Charlotte
“Why Facts Do Not Change Your Mind”
August 30, 2019, First Edition, First Printing
P.61
＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊＊
Stock trading is
“a battle with desires and fears, i.e., emotions.”
It is not an exaggeration to say.
A trader who loses continuously
almost certainlylacks control of their emotions.
Even if you use a winning method,
being swayed by emotions
causes many traders to lose money.
In stock trading
emotional control isextremely important,
and although it is
the area where individual traders struggle the most,
if you use Twitter to gather information
you may want to refrain.
With emotional control already difficult,
it is highly likely that your emotions will be further stirred.
Thank you for reading to the end today as well.
— Keizo Shimoyama
