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First steps in foreign exchange investment: Into the challenge and expectation
- Writing language: Korean
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Base country: All countries
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Summarized by durumis AI
- I recently started investing in dollars after reading the book "I buy dollars instead of stocks," and prepared for dollar exchange through opening a securities account and a preferential exchange rate event.
- Currently, due to the rising dollar price, I have shifted to yen investment and started investing by saving and exchanging investment funds every month.
- I found the connection between theory and practice by applying what I learned from the book to actual investment, and I plan to acquire knowledge about foreign exchange investment in the future.
Hello! I'm going to talk about my new foreign investment challenge, which I started after reading a recent book. Through the book "I Buy Dollars Instead of Stocks", I opened my eyes to the world of dollar investment, and I'm going to share the things I've learned and the preparation process.
Starting Investment Through Books
For me, who had no knowledge of investment, this book conveyed the appeal of dollar investment easily and fun. Especially for me, as a full-time housewife with free time, foreign investment became a new challenge and opportunity.
Foreign Investment Preparation Process
To start investing, the first thing I needed was to open a securities account. I prepared for dollar exchange by using the preferential exchange rate event held by Kiwoom Securities. During this process, I experienced the procedures from event application to exchange through the Youngwoongmun S# app, which gave me a sense of accomplishment along with vague expectations, as it was my first time.
When you first enter the Youngwoongmun s# app, press the menu button at the bottom left.
Then, press the event with the gift box icon in the upper right corner of the screen.
You'll see various ongoing events, scroll down a bit and you'll see the preferential exchange rate event. Press it to apply, and you'll get a 95% preferential exchange rate immediately.
From Dollar Investment to Yen Investment
With the current rise in dollar prices, I decided to switch to yen investment rather than dollar investment. Even though it's a small amount, I've been saving my investment money every month and exchanging it to take my first step in investment. Life is all about timing! Investment is also all about timing!
Learning Through Investment
It was very interesting to apply what I learned from the book to the actual investment process, finding the link between theory and practice. I also plan to further explore related books to acquire additional knowledge about foreign investment.
Conclusion
Starting foreign investment was somewhat daunting, but through the knowledge I gained from the book and the actual investment process, I'm finding my own investment direction. I hope this experience will be useful information and motivation not only for me but also for many others who are interested in investment.