Brokerage house set to help investors increase fortunes
NH Investment & Securities said April 2 that the Seoul-headquartered outfit came up with reports to help 30-somethings increase fortunes in an efficient way.
The brokerage house said that investors in their 30s have to keep in mind five points of “Save,” “Medium,” “Asset allocation,” “Retire plan,” and “Tax saving,” whose initials combine to make a SMART strategy.
The reports examined young U.S. citizens who save more than 70 percent of their incomes with the aim of retiring before they reach 50 years old.
“Young people do not have big assets. But they have to start right away so that they will be able to easily prepare for their post-retirement life,” an NH official said.
The reports are available at the website of NH Securities or the companies’ outlets across the country.
NH Securities was launched in 2006 when Sejong Securities was incorporated into the National Agricultural Cooperate Federation, otherwise known as Nonghyup.
Currently, CEO Jeong Young-chae heads the outfit, whose largest shareholder is NH Financial Group. Its stake is 76.09 percent.