Create 10 Million Yen Through Asset Management! Five Recommended Methods

It is often said that Japanese people are passive about asset management, but is that really true?

There was news that by the end of August 2018, the number of subscribers to the individual-type defined contribution pension plan "iDeCo" surpassed one million.

Hearing this, you might feel that Japanese people are starting to actively engage in asset management.

However, the reality seems different.

According to the materials on defined contribution pension from the Financial Institutions Management and Coordination Council, which consists of 55 financial institutions (as of the end of March 2017), about 65% of people appear to be choosing savings deposits (term deposits) or insurance.

In shortmany people are choosing principal-protected financial productsas a result.

If you want to grow 10,000,000 yen through asset management, you need to select riskier products such as mutual funds rather than principal-protected ones like insurance or savings.

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