Started Learning Investment <This book motivates me to think differently.>

I recently started investing in the stock market.
(I’ve become a retail investor.)

The securities company I’m using is SBI.

I don’t know much about investing, but this morning I decided to invest in some companies related to the space industry.

<Disclaimer>

This is just my opinion. I’m not an expert in investing or the Japanese economy.

I chose this sector to invest in simply because space exploration seems full of potential and inspiration.

The Japanese economy isn’t very active right now, but I believe the space industry could be a driver to help boost it.

The movie Opportunity truly inspired me. I was impressed not only with Oppy’s achievements but also by how many people were involved in the project. As more people join the industry, the sector can become more energized.

One day, I also hope to go to Mars.

Since I don’t yet know how to read candlestick charts, I think I’ll just leave my investments for now and see how they perform. However, I plan to study more so that I can make wiser investment decisions.

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Why I Started Investing in the Stock Market

I read a book called Rich Dad Poor Dad , and I realized that I would never become wealthier if I didn’t have my own business. So, I started my YouTube channel and began learning about finance. This blog helps me retain what I’ve learned from these new experiences.

The Mindset of the Rich <Reading Response>

I believe most wealthy people have a mindset that’s different from mine.

Here are three mindsets I think wealthy people possess:

1. Don’t Work Overtime

If I want more money, I tend to work harder and longer hours to earn overtime pay. But the mindset of the wealthy is different. They prioritize spending time with their families because they understand that money, while important, is not the most valuable thing. What’s truly valuable is time with loved ones.

2. Use Your Head

People like me, who aren’t wealthy, often work without realizing that we are contributing to the company’s profitability and paying taxes to the government. We go to the office, sit at a desk for eight hours, and fail to see that we are working for someone else. Over time, we stop using our minds creatively.

However, people who generate wealth use their minds to find ways to earn money. Knowledge is everything, especially in our rapidly changing society. Staying informed is key to seizing opportunities.

3. Take Risks

Successful investors know that sometimes you need to be bold, whether it’s buying stocks or starting a new venture. Without taking risks, we won’t experience different outcomes or see new opportunities.

Why Are We Afraid of Risks?

I think fear comes from a lack of knowledge. It’s crucial to keep learning in order to dispel that fear.

My current job involves translation and interpretation, so I focus on improving my translation skills. However, my salary doesn’t increase in proportion to my skill level. I may need to move to another company to earn a better salary.

Successful entrepreneurs understand the importance of studying finance to become wealthy.

Simply improving my English or honing my translation skills won’t generate wealth.

Here’s one of the things I recently learned about stocks:

High-Dividend Stocks

DISCLAIMER:

This is just a note of what I’ve learned today. Please don’t take everything I write here as absolute truth.

Dividend stocks can help buffer against market fluctuations, but future dividend payments are never guaranteed, even for companies with a solid track record. It’s important to keep in mind:

A company may lower its dividend payments to conserve cash.
Some companies might increase their dividend yield to attract short-term investors, although higher dividends can be unsustainable.
Sectors like finance, energy, and real estate investment trusts typically offer higher dividends. I should compare a company’s dividend yield with its peers to see if it’s unusually high for its industry.

It’s crucial to remember that dividend yield is just one of several factors to consider when investing. Investors often prefer a higher dividend coverage ratio as it indicates greater financial health.

A company might offer a high dividend yield even if it’s financially unstable, so it’s vital to thoroughly understand the stock before investing.

Summary

In conclusion, I need to continue studying if I want my investments to provide steady income. There are many factors to consider before making wise investment decisions.