"Eastern Economics ONLINE column now published" How many years from now do you plan to earn how much profit?
Good morning, this is Matsushita.
In investing in stocks and FX,
for how many years from now do you plan to make how much profit?
I met at a seminar in January,
my school's graduates
are 88 years old this year, and last year they earned
more than 20% in profits.
If you can continue to earn profits until you are 88,
how many years and how much profit
could you achieve?
What might you be able to earn?
It would probably be incredible
to earn profits that large.
If you are over 70 years old and
managing more than 10 million yen in funds,
and can earn more than 10% annually,
then you could have an annual profit of 1,000,000 yen,
after tax about 800,000 yen,
which would mean nearly 70,000 yen additional income per month
as a form of pension income.
Investing has that much power.
Now, for you to achieve such long-term, substantial profits,"
how much have you studied?
To be more specific,
how many books have you read?
There are very few investors who can answer this question appropriately.
Due to publishing slump and the shift away from paper,
there are surprisingly many investors who say,
“I have never read a single investment book.”
There are many such investors.
So, for the next several decades,
how many millions, how many tens of millions of yen do you intend to earn in profits?
Is that a bit unrealistic?
Or do you think it is possible?
The investments I have been teaching since 2004 are
investments that will yield profits for life.
Therefore, for students who join my school, I tell them to study in silence for at least a year.
Read at least 10 investment books,
and from them decide your own textbook.
Is this strict?
Does it dampen your motivation?
For the next several decades,
with profits of several millions or tens of millions of yen in view,
if you say the above tasks are too strict or you lose motivation,
then please do not lend an ear to my words.
What I have experienced in investments is
that kind of serious and principled investing.
When you realize this,
what you will gain is
more than mere profit or money;
it is something wonderful beyond your imagination.
Those who have attained it are the ones who become
success stories in investing,
and will continue to earn profits for life.
Think about what you are trying to do and what you are aiming to obtain
and start taking action today.