Since the outbreak of COVID-19, there have been many changes in our society. One of the particularly noticeable changes is the “MZ generation’s passion for investment.” Previously, the XY generation accounted for a large portion of financial technology, investment, and real estate, however now the situation has changed.
As situations change, there is always an opportunity. In our society, economic changes have occurred significantly, including the recent boom in the stock market, soaring real estate prices, and raising interest rates. Accordingly, I think the MZ generation has become particularly interested in investment, judging that it is no longer a time when it is difficult to achieve financial goals such as buying a house only with a salary.
However, not only us but most people did not have many opportunities to learn about investment better than they thought. As a result, there are many cases where many people only look at “high return” without considering “high risk” in investment. For example, I think that investment in stocks and Bitcoin of the MZ generation resulted in a surge in debt and bankruptcy.
I think the new words that have appeared since the MZ generation recently entered the financial market with interest in the financial market, such as “Young-ggeul (drawing to the soul; drawing all their money)” and “Bit-too (debt investment).” But does “investment” always have tragic consequences like debt and bankruptcy? That is not the case. As a result, many people are interested in investing. However, it is expected that it will bring good results with a lot of right information before challenging investment.
Finally, I hope that MZ generation’s investment will open the way for successful investment by showing an economically stable society rather than a society where stimulating information on investment is rampant so that it no longer results in debt or bankruptcy.