I realized I didn't know enough about the value of money when I started investing.

Maybe because my salary was ten thousand times higher than ten thousand won, I considered it less valuable?

One thousand won, which was worth less than ten thousand won, would have been treated even worse.

That's why I think I easily took money for granted.

Why didn't I know that a thousand won, ten thousand won, or millions of won are all the same money back then...?

Money has no name tag, but I attached my effort to get money to it like a name tag.

If we compare the methods to get ten thousand won, wouldn't we be able to break this prejudice?!

Let's compare investments that I'm interested in to online games.

Part-time job (minimum wage 10,000 won)

If you find a "very good" part-time job that pays the minimum wage of ten thousand won, you can earn ten thousand won by working for one hour.

It's about converting your effort and time into money, so you have to dedicate your time, body, and mind.

It takes more time and physical effort if you have to prepare for work, commute, and go back home.

Coupang Seller

I used the term "Coupang Seller" to refer to the act of selling goods or services through online markets.

Even if you don't have your own product, you can earn ten thousand won through work similar to that of a Coupang seller if you are good at marketing.

Since a 3% margin is provided, you need to generate about 340,000 won in sales.

You have to do marketing, so it takes time, body, and mind, but

compared to part-time jobs, it seems like it would take less time and physical effort,

It feels like a better option than part-time jobs if possible.

Blog / Youtube

I was wondering if I should put these two in the same context.

You can earn ten thousand won by providing information that saves other people's time and effort.

Is it because I have a longing for being a writer?

I think it's a positive act to provide better information, so I think it's better than the previous methods.

Since I think this area is about making "fans" for myself,

I'm challenging myself again after going through a few failures and frustrations.

Maple Scania 400 million mesos

I used to play Maple, Dungeon Fighter, and Ragnarok back in the day.

Game companies cracked down on the trade between cash and in-game currency, but

game assets are still converted into cash through item trading websites.

The interesting thing is that the speed at which in-game currency is generated is faster than the speed at which real currency is spent, so

you can easily experience inflation, and as a result, prices fluctuate frequently.

It seemed like I was going to introduce a better method, but why am I talking about in-game currency all of a sudden?

I guess there's a childhood desire to be the best online.

And if I earn money with in-game currency like attaching a name tag, I feel like I've made money very easily.

It's usually said that you can't earn a part-time job's minimum wage of ten thousand won in one hour of gaming, so the method through gaming is considered foolish, but

in some games, if you have a certain level of character and equipment,

you can still gamble for very expensive items.

I think it's like scratching a lottery ticket.

It's always a miss, but you never know, it could hit someday.

(I heard that TalesWeaver or Ragnarok had that potential back in the day, but is it too far in the past now?)

Bank Interest

How much would you have to deposit in the bank to get ten thousand won in interest?

In an era of zero interest rates, or even negative interest rates, you have to put in a lot of money to get ten thousand won.

Let's calculate the Kakao Bank's Safe Box, which has a pre-tax annual interest rate of 0.5%. (Limit of 10 million won)

It's 3,525 won a month, so it takes about 3 months to earn ten thousand won.

That means you can earn ten thousand won by keeping ten million won in the Safe Box for 3 months.

I don't think banks are worth considering anymore.

Real Estate

How long will the real estate myth last?!

It's said that there are bull and bear markets, but it still seems like a bull market.

The previous methods required you to invest time, effort, or a huge deposit to earn ten thousand won, but

real estate requires a much larger investment and a longer time.

(Of course, if you use leverage, you can make an effective investment with less investment.)

It might not be appropriate to talk about real estate while discussing the value of ten thousand won, but

I mentioned it briefly because I think it's one of the good investment methods.

You can earn much more than ten thousand won if you invest in real estate well.

Stocks

You can also earn ten thousand won through stocks, which is another pillar of investment along with real estate.

You just need to buy good stocks cheap and sell them high.

That's why stock investing is compared to speculation because it's so difficult to put it into practice.

Still, if you invest one million won and earn a little over 1% in profit, you can earn ten thousand won after deducting fees.

If the investment is small, you can earn ten thousand won by investing 100,000 won and earning a little over 10% in profit.

Stocks also require a lot of time, effort, and investment,

so great people think and think about how to reduce their time and effort, and then invest.

(Although it took a lot of learning time and anguish to come up with that thinking, lol)

Money Pipeline

As the name suggests, if you create a money pipeline that earns money continuously, you can earn ten thousand won.

If you create a very efficient pipeline, you'll get a lot even if you put in a little, and

if you create an inefficient pipeline, you'll get a little even if you put in a lot, but

the key is that it's a good pipeline if the input isn't time or effort.

Kakao Bank's Safe Box is ultimately a money pipeline.

You can put in up to ten million won and get a pre-tax annual interest rate of 0.5%.

Whether you use this pipeline or not depends on

whether you have a more efficient pipeline.

A real estate expert would be able to make a much higher profit by investing the same ten million won in real estate, and

a stock expert would be able to make a much higher profit by investing the same ten million won in stocks.

They can use the Safe Box, but they won't because they have a more efficient pipeline.

Personally, my ultimate goal is to build a web service to create this kind of pipeline. 😉

Conclusion

I'm currently

working as a salaried worker and exchanging my time and effort for ten thousand won, and
studying and studying, saving my money, investing in stocks and earning ten thousand won.
Especially by automating stock investments, I have reduced my time and effort, and

I expect the profits to increase as the investment grows.

Through this, I want to accumulate time and money to create my own money pipeline, the next step.

My goal is that, but since the stock investment system I've created hasn't been verified yet, it seems like it'll take a little longer.

Still, I need to continue to work hard, comforting and encouraging myself that I'm going in the right direction.