Lee Sang-gun, director of the Investment and Pension Center at Mirae Asset, emphasized the importance of knowledge, skills, and mindset for successful investment. He explained that timing and opportunities to create wealth are crucial, noting that throughout Korean history there have been new wealth-creation opportunities following the Japanese occupation, the Korean War, and the advent of internet and mobile technologies. He stressed that successful investing requires continuous learning and attention, as well as a long-term perspective, while cautioning against excessive leverage. He also emphasized the importance of accurately understanding oneself and selecting an investment strategy that aligns with one's individual circumstances. Finally, he recommended utilizing tax-advantaged accounts and stressed the importance of long-term investment in an aging society.
