interesting article related to Japanese retail investor behavior
Some excerpts:
The phrase refers to people who, driven by anxiety about the future, prioritize NISA investing to such an extent that they cut back too heavily on everyday living expenses and end up struggling financially.
A company employee in his 20s said he uses NISA and currently invests about 30,000 yen a month, which amounts to roughly 20% of his salary.
The breakdown of people investing in NISA was 39.7% for those earning less than 3 million yen, 27.7% for those earning between 3 million yen and less than 5 million yen, and 67.4% in total for those with annual incomes below 5 million yen.
by LectureInner8813