When you hear the word investing, you might imagine a busy man dressed in a suit watching a screen with a bunch of graphs and numbers on his laptop screen, sipping an expensive coffee in a posh cafe or watching the exchanges live at the Stock Exchange. Most people who don’t really know the world of investing think this way.
While in America most average people will have played around with stocks and even seriously invested a decent sum of money in hopes of saving for retirement, and they spend a lot of time studying about investment.
In Japan, the story is a little different. People know of investing, but very people actually know how to do it or are brave enough to step into the world of investing.
Most people are scared that the stock market is just far too volatile and it’s no different from gambling. Some people even think that the stock market is rigged and that there is someone behind the scenes manipulating the numbers. Most investors are people who have extensive knowledge about investing and have careers based around it. And most investors are older men.
In general, Japanese people tend to not place too much trust in something that is uncertain and unknown, and most people are far too busy and tired to do proper research and take the dive into something like investing.