The Attributes of Money: 400th Print Run Recover Edition

Author Kim Seung-ho · Publisher Snowfox Books · Published 2020-06-15 · ISBN 9791188331796

About the Book

He is a person who wants to share what is truly necessary.

In recent years, tens of thousands of people have become fans of Chairman Kim Seung-ho. Meeting the head of a global group, who travels between Korea and various countries around the world, starting from the US, and a multi-billionaire about to be listed on NASDAQ, was truly exhilarating. For ordinary people, that event (?) became a long-lasting memory. Some were thrilled, some found it amazing, and some took him as their mentor or teacher.
However, any celebrity who once dominated an era will see their popularity fade and eventually be forgotten by the public. What does the wealth of even the richest person have to do with me!
But sincerity and truthfulness tend to capture the hearts of the world and the people in it. Chairman Kim Seung-ho allocated and made time, staying in Korea solely at his own expense, meeting not only entrepreneurs and business owners, but also children, young people, and homemakers—anyone who wanted to live a better life. Since 2016, he has made dedicated efforts to stay in Korea, teaching young entrepreneurs in various fields at Chung-Ang University's Lifelong Education Center, staying by their side as a teacher sharing their concerns. He was a brother, a mentor, and a teacher. A person who loves to embrace others as family, he also became an uncle to dozens of people.
His inner self is revealed in the various titles he is called. Some blindly trust and like him. However, until he was almost 40, he was a poor immigrant father who drove around in an old truck, one arm tanned from the sun, carrying fruits and vegetables to sell that day. He was a person who spent days when, even with his elderly parents, siblings, himself, and his wife working hard all week, there was no light at the end of the tunnel. He deeply understood what poverty was, how cruel money could be, and how it could make people miserable. That's why he had to seize the opportunity that came late in his life and was a father who absolutely had to break the cycle of poverty in his generation. This resolve and experience of poverty made him grow into a "manager" of money. He became a top-tier wealthy person, something few could achieve. He put all his effort into creating seed money, understood the properties and characteristics of money, and became a true money manager, multiplying it tens of thousands of times.
He is a person who intends to share this realized principle of wealth with many people. This is because he sees his younger self, who wanted to protect his family by gaining wealth, reflected in them.

Can I ever become rich?

Some people are reluctant to talk about money and dismiss it as undignified, but the author argues that such an act of devaluing money is hypocritical. This is because, considering the importance of money in life, no one can be free from its influence. Therefore, the author defines the characteristics of money in a very unique way, calling it a person.

If you love money too much and keep it locked in your house, it will try to get out whenever it has a chance and tell other money that its owner is a miser, so don't come. It will not cooperate in making rich those who do not respect it. Money used for valuable causes and good deeds will be moved by such treatment and will bring other money to its owner, while money used in bars or gambling will turn away in misery.

Money is an entity with emotions, so you should love it but not excessively. You should hold it when you have it, but let it go when it's time, and never ignore or treat it carelessly. Instead, you should respect and be grateful for it. To people with such an attitude, money offers imaginative opportunities, approaches them, and tries to protect them. Fortunately, money holds no grudges, so regardless of past actions, if you respect it from today, it will forget everything and respect you.

Money that falls into the hands of those in power or nouveau riche through kidnapping, violence, or illegal means will always wait for the day to escape or harm its owner to get out, so you should abandon any thought of befriending dangerous money. If you use the money you have in dignified ways, for loved ones, and for causes worth protecting, the money watching will also call in more friends. You won't become a slave to money, and money isn't your possession, so you will coexist in a relationship of deep mutual respect rather than a superior-subordinate one.

There's an old saying, "Give a man a fishing rod, not a fish." We are all in different circumstances. Our intellectual levels are different, and so are our financial situations. Therefore, a method that benefited someone else may not benefit us. Through this book, "The Attributes of Money," we should learn how to become a farmer who creates, protects, and cultivates money.

Table of Contents

Recommendation
Prologue

Money is a Person
I Invest in Managers Better Than Myself
The Secret of Compound Interest
The Power of Consistent Income
Money Has the Force of Gravity
When Risk is High, Risk is Lowest
How You Treat Others' Money is How You Treat Your Own
If You Inherited 10 Billion Won with a Will to Never Lose It
To Get Rich Quickly, Don't Try to Get Rich Quickly
Can Financial Experts Really Predict the Economy?
People Who Buy Samsung Electronics Stock at Samsung Securities
The Fortune That Comes to Me Changes Depending on How I Address Others
Repeated Luck is Skill, Repeated Failure is Habit
How to Distinguish Facts from Investment Information Through News
Time Flows Differently for Each Type of Money
Why Do All Eggs Break Even if Not in One Basket?
Three Ways to Get Rich
Reasons Why People Can't Save Money
How to Tell if You Are Financially Illiterate
Three Characteristics of People Who Profit from Stocks
How Much Do You Need to Earn to Be Truly Rich?
What I Do Daily to Protect My Assets
Poverty is Much Crueler Than You Think
Three Types of People During a Financial Crisis
If I Were Young Again and Wanted to Get Rich
Wisdom Starts with Basic Sciences
One Thing You Can Do Right Now to Get Rich
Do You Think Stocks Will Go Up?
The Hidden Value of Current Renters
Is it Better to Invest in Real Estate or Stocks?
When is My Independence Day?
Four Abilities to Handle Money
Places Where I Don't Invest
Insurance is Not Savings
Pretty Trash
Economic Interpretation Must Be Free from Political Beliefs
Five Rules for Creating Starter Money and 100 Million Won Seed Money
Good Debt, Bad Debt
Always Question Authority
Seven Secrets to Attracting Good Money
Two Ways for Office Workers to Get Rich
Is the Director (Asset Allocation) Important, or the Player (Position)?
Bargaining at the Bank?
People Who Can Catch a Falling Knife
Do Accountants Proficient in Financial Statements Really Invest Well?
Kim Seung-ho's Investment Principles and Standards
How to Make Your Children Rich
If I Still Had Samsung Electronics Stock
International Etiquette and the Globalization Process
What is Your Exit Strategy?
All Businesses Eventually Meet Real Estate and Finance
Smart People Are More Likely to Fall into Conspiracies
How to Avoid Being Scammed
Eleven Questions to See if You Are Qualified to Be an Investment Winner
Duryang Joknan Bokpalbun (Abundance is not about having a lot, but about being content with what you have)
The Attributes of Wealth
How a "Dirt Spoon" Can Beat a "Gold Spoon"
What is the PER of Your Business?
Great Wealth is Made by Heaven
Young People Dreaming of Starting a Business Should Go to a Small Company
Neunggu (Skill) and Gongbu (Study)
There are Still Countless Businesses to Do
Entrepreneurs are the Only Ones Who Can Give Themselves Freedom
Each Type of Money Has a Different Character
How to Act Towards Parents and Siblings When You Become the Richest in the Family
The Right to Fail
Can Books Make You Rich?
Why Isn't God Fair?
Mr. Song Who Always Invests and His Always Angry Wife
What Do You Think About Partnerships?
If You Don't Know the Way, Take the Main Road
The Quarter Rule
You Cannot Get Rich by Praying
When Accumulating Wealth, Be a Farmer; When Investing, Be a Fisherman
Four Habits for Saving Money

Epilogue