Asset market bubbles and crashes recur... ‘Liquidity boom, dangerous signals are coming’

Asset market bubbles and crashes recur... ‘Liquidity boom, dangerous signals are coming’



πŸ“Œ Summary

Liquidity-driven bull markets and asset bubbles have historically repeated themselves. While the current Korean economy faces serious concerns that economic growth could be stifled by external pressures and internal systemic issues such as inheritance tax, this article provides investors with guidance on how to respond wisely by identifying three warning signals that can help predict the timing of a bubble collapse.


πŸ“– Why it matters! (Significance and context)

The global economy has endlessly repeated the pattern of asset bubbles forming and bursting under the influence of monetary policy. The current market has entered the momentum phase of a liquidity-driven bull market, which drives short-term stock price increases but carries the warning that a significant correction could occur at any time without the backing of real economic growth. South Korea, in particular, faces structural risks of declining potential economic growth rates due to corporate commitments to US investment, domestic investment stagnation, and tax issues such as inheritance tax. Therefore, it is essential for investors to understand this macroeconomic context, detect risk signals, and build portfolios based on principles learned from financial history.


πŸ”₯ Key takeaways

1️⃣ Stages of the liquidity boom and structural risks in the Korean economy

  • Diagnosis of the current phase of the liquidity boom: Having passed through stages of hedge finance by global pension funds and Warren Buffett-style value investing, it has now entered a momentum investing phase. A key characteristic is heightened volatility among stocks.
  • US Economy's Distinctiveness: Thanks to the economic boom fuelled by the AI Revolution, any recession is likely to feature a shallow and short-lived correction. The conclusion is that US assets should be prioritised for purchase during corrections.
  • Concerns Over Korea's Economic Growth Contraction: Large-scale investment commitments to the US heighten the risk of domestic capital expenditure and construction investment contraction. The absence of new investment leads to job losses and reduced consumption, hindering the recovery of the real economy.

2️⃣ Overseas Exodus of the Wealthy and Declining Potential Growth Rate

  • Inheritance tax and the adverse effects of comprehensive financial taxation: These drive the wealthy (entities capable of creating businesses and generating employment) overseas. This accelerates the transformation into a country where corporations refrain from investment and consumption, despite corporate profits reaching record highs.
  • Criticism of policies defying human nature: Policies prioritising public sentiment while disregarding human desires, such as regional balanced development policies or inheritance tax, are inevitably doomed to fail in the long term.
  • Korea's long-term outlook: Achieving a potential growth rate of 3% is judged to be an extremely difficult mission. While the asset market is optimistic due to liquidity, the Korean economy itself may be pessimistic.

3️⃣ Prospects for capital shifting from property to stocks and the dilemmas of VVIPs

  • Speed of capital movement: It is anticipated that the flow of money from the property market into the stock market will take a long time.
  • Limitations of Korean property: At the global level, Korea's most expensive apartments fail to satisfy the aesthetic and asset parking functions of first-class assets. Consequently, the top-tier VVIP (financial assets exceeding 100 billion won) class is highly likely to choose emigration for tax and aesthetic reasons.
  • Difficulty of mass capital movement: While a strong housing demand segment exists among the middle class (e.g., high-income workers), making mass movement difficult, VVIP assets are likely to flow into the stock market due to factors like the relaxation of major shareholder requirements.

4️⃣ Liquidity Boom Peak Signals (Three Fox Trading Indicators)

  • IPO (Initial Public Offering) Explosion: Owners selling existing shares (old stock) or diluting holdings through new share issuance. This has already commenced in the US market, with Korea also anticipating a wave of major new listings soon.
  • Narrative and FOMO: A period marked by incitement along the lines of ‘I can't understand why anyone wouldn't do this,’ accompanied by account verification relays (similar to the influencer-driven stock movements seen in the GameStop situation).
  • Inflation Becomes Apparent: The period when inflation becomes distinctly palpable to the general public.

5️⃣ Three Essential Principles for Long-Term Investment

  1. Avoid All-In Investments: To prevent irreversible situations, never invest your entire fortune through probabilistic thinking.
  2. Invest in Assets That Move Counter-Cycle: Include insurance assets like gold in your portfolio. Gold rose by an average of 30% during the Nasdaq's dreadful correction.
  3. Prioritise Indirect Experience: Lessons need not be learned through bloodshed. Read books on financial historyto accumulate indirect experience.


πŸ” To summarise

The current market is in a momentum phase of a liquidity-driven bull market, strongly exhibiting the characteristics of an asset bubble. While stock price increases may persist in the short term, the Korean economy is losing its economic growth momentum due to external investment burdens and rigid domestic systems (inheritance tax issues, responsibility management that undermines capitalist order), making it difficult to achieve a potential growth rate of 3%. Systems like inheritance tax, in particular, drive the wealthy overseas, creating the adverse effect of shrinking domestic investment and employment.

Regarding investment, three key signals of a market peak must be closely monitored: IPO explosions, market movements driven by narratives, and inflation becoming pronounced. Long-term, adhering to three principles is essential to reduce the probability of failure and enable probabilistic investment: avoid all-in bets, insure against risk with counter-cyclical assets like gold, and acquire indirect experience through studying financial history.


πŸ’° Investment Advice

  • Avoid all-in investments: As the end of a liquidity boom is difficult to predict, maintain a cash allocation and avoid all-in investments to prevent irreversible losses at any time.
  • Include insurance assets: Prepare for market corrections by including assets like gold in your portfolio that move inversely to the stock market.
  • Preference for US Stocks: Prepare to prioritise buying in the US market, which is expected to recover more rapidly due to the AI revolution when the next recession or correction arrives.
  • Monitor Warning Signs: Exercise extreme caution with investments and consider selling when signs emerge: explosive growth in US and Korean IPO markets, sharp share price rises driven by account verification and thematic narratives, and widespread tangible inflation (clear inflationary pressures).

🏷️ Keywords

#LiquidityBoom #AssetBubble #EconomicGrowth #InheritanceTax #HistoryOfFinance #IPO #MomentumInvesting #GoldInvestment #VVIP #PotentialGrowthRate



μžμ‚° μ‹œμž₯의 κ±°ν’ˆκ³Ό λΆ•κ΄΄λŠ” λ°˜λ³΅λœλ‹€... "μœ λ™μ„± μž₯μ„Έ, μœ„ν—˜ν•œ μ‹ ν˜Έκ°€ μ˜¨λ‹€"


πŸ“Œ ν•œμ€„μš”μ•½

μœ λ™μ„± μž₯세와 μžμ‚° κ±°ν’ˆμ€ μ—­μ‚¬μ μœΌλ‘œ λ°˜λ³΅λ˜μ–΄ μ™”μœΌλ©°, ν˜„μž¬ ν•œκ΅­ κ²½μ œλŠ” λŒ€μ™Έμ μΈ μ••λ ₯κ³Ό 상속세 λ“±μ˜ λ‚΄λΆ€ μ‹œμŠ€ν…œμ  문제둜 인해 경제 μ„±μž₯이 μœ„μΆ•λ  수 μžˆλ‹€λŠ” μ‹¬κ°ν•œ 우렀λ₯Ό μ•ˆκ³  μžˆμ§€λ§Œ, κ±°ν’ˆ λΆ•κ΄΄ μ‹œμ μ„ μ˜ˆμΈ‘ν•˜λŠ” μ„Έ κ°€μ§€ κ²½κ³  μ‹ ν˜Έλ₯Ό 톡해 νˆ¬μžμžκ°€ ν˜„λͺ…ν•˜κ²Œ λŒ€μ‘ν•  수 μžˆλŠ” 지침을 μ œκ³΅ν•œλ‹€.


πŸ“– μ™œ μ€‘μš”ν•œκ°€! (μ˜λ―Έμ™€ λ§₯락)

세계 κ²½μ œλŠ” 톡화 μ •μ±…μ˜ 영ν–₯으둜 μžμ‚° κ±°ν’ˆμ΄ μƒμ„±λ˜κ³  λΆ•κ΄΄ν•˜λŠ” νŒ¨ν„΄μ„ λŠμž„μ—†μ΄ λ°˜λ³΅ν•΄ μ™”λ‹€. ν˜„μž¬ μ‹œμž₯은 μœ λ™μ„± μž₯μ„Έμ˜ λͺ¨λ©˜ν…€ ꡭ면에 μ§„μž…ν–ˆμœΌλ©°, μ΄λŠ” 단기적인 μ£Όκ°€ μƒμŠΉμ„ μ΄λŒμ§€λ§Œ, μ‹€λ¬Ό 경제 μ„±μž₯의 λ’·λ°›μΉ¨ μ—†μ΄λŠ” μ–Έμ œλ“  큰 폭의 쑰정이 올 수 μžˆλ‹€λŠ” κ²½κ³ λ₯Ό λ‚΄ν¬ν•œλ‹€. 특히 ν•œκ΅­μ€ κΈ°μ—…μ˜ λŒ€λ―Έ 투자 약속, κ΅­λ‚΄ 투자 μœ„μΆ•, 그리고 상속세와 같은 μ„Έμ œ 문제둜 인해 잠재 경제 μ„±μž₯λ₯  ν•˜λ½μ΄λΌλŠ” ꡬ쑰적 μœ„ν—˜μ— 직면해 μžˆλ‹€. λ”°λΌμ„œ νˆ¬μžμžλ“€μ€ μ΄λŸ¬ν•œ κ±°μ‹œ 경제적 λ§₯락을 μ΄ν•΄ν•˜κ³ , μœ„ν—˜ μ‹ ν˜Έλ₯Ό κ°μ§€ν•˜λ©°, 금육의 μ—­μ‚¬μ—μ„œ 배운 원칙을 기반으둜 포트폴리였λ₯Ό κ΅¬μΆ•ν•˜λŠ” 것이 ν•„μˆ˜μ μ΄λ‹€.


πŸ”₯ 핡심 포인트 (Key takeaways)

1️⃣ μœ λ™μ„± μž₯μ„Έμ˜ 단계와 ν•œκ΅­ 경제의 ꡬ쑰적 μœ„ν—˜

  • μœ λ™μ„± μž₯μ„Έμ˜ ν˜„μž¬ κ΅­λ©΄ 진단: κΈ€λ‘œλ²Œ μ—°κΈ°κΈˆμ˜ ν—·μ§€ 금육, μ›Œλ Œ 버핏 μœ ν˜•μ˜ λ°Έλ₯˜ 인베슀트 단계λ₯Ό μ§€λ‚˜ λͺ¨λ©˜ν…€ 인베슀트 ꡭ면에 μ§„μž…ν•¨. μ’…λͺ©λ“€μ˜ 변동성이 κ²©ν™”λ˜λŠ” 것이 μ£Όμš” νŠΉμ§•.

  • λ―Έκ΅­ 경제의 νŠΉμˆ˜μ„±: AI 혁λͺ…μ΄λΌλŠ” 혁λͺ…이 μžˆλŠ” κ²½κΈ° ν™”λž‘ 덕뢄에 λΆˆν™©μ΄ μ˜€λ”λΌλ„ μ‘°μ • 폭이 μ§§κ³  기간이 짧을 κ°€λŠ₯성이 λ†’μŒ. μ‘°μ • μ‹œ λ―Έκ΅­ μžμ‚° λ§€μˆ˜κ°€ μš°μ„ λ˜μ–΄μ•Ό ν•œλ‹€λŠ” κ²°λ‘ .

  • ν•œκ΅­μ˜ 경제 μ„±μž₯ μœ„μΆ• 우렀: λŒ€κ·œλͺ¨ λŒ€λ―Έ 투자 μ•½μ†μœΌλ‘œ μΈν•œ κ΅­λ‚΄ μ„€λΉ„ 투자 및 건섀 투자 μœ„μΆ• κ°€λŠ₯성이 λ†’μŒ. μ‹ κ·œ 투자 λΆ€μž¬λŠ” 일자리 κ°μ†Œμ™€ μ†ŒλΉ„ μœ„μΆ•μœΌλ‘œ 이어져 μ‹€λ¬Ό 경제 νšŒλ³΅μ„ 저해함.

2️⃣ λΆ€μžλ“€μ˜ ν•΄μ™Έ μ΄νƒˆκ³Ό 잠재 μ„±μž₯λ₯  ν•˜λ½

  • 상속세와 κΈˆμœ΅μ’…ν•©κ³Όμ„Έμ˜ λΆ€μž‘μš©: λΆ€μžλ“€(μ°½μ—…, 고용 유발 μ—¬λ ₯ μžˆλŠ” 주체)을 ν•΄μ™Έλ‘œ μ«“μ•„λ‚΄λŠ” κ²°κ³Όλ₯Ό λ‚³μŒ. μ΄λŠ” κΈ°μ—… 이읡이 사상 μ΅œλŒ€μΉ˜μž„μ—λ„ λΆˆκ΅¬ν•˜κ³  투자 및 μ†ŒλΉ„λ₯Ό μ•ˆ ν•˜λŠ” λ‚˜λΌλ‘œμ˜ μ „ν™˜μ„ 가속화함.

  • 인간 본성을 거슀λ₯΄λŠ” μ •μ±… λΉ„νŒ: μ§€μ—­ κ· ν˜• λ°œμ „ μ •μ±…μ΄λ‚˜ 상속세와 같이 κ΅­λ―Ό 감정을 μ€‘μ‹œν•˜λ©° μΈκ°„μ˜ μš•λ§μ„ λ¬΄μ‹œν•œ 정책은 μž₯기적으둜 μ‹€νŒ¨ν•  μˆ˜λ°–μ— μ—†μŒ.

  • ν•œκ΅­μ˜ μž₯κΈ° 전망: 잠재 μ„±μž₯λ₯  3% 달성은 맀우 μ–΄λ €μš΄ λ―Έμ…˜μœΌλ‘œ νŒλ‹¨ν•¨. μžμ‚° μ‹œμž₯은 μœ λ™μ„± λ•Œλ¬Έμ— λ‚™κ΄€μ μ΄λ‚˜, ν•œκ΅­ 경제 μžμ²΄λŠ” 비관적일 수 있음.

3️⃣ λΆ€λ™μ‚°μ—μ„œ μ£Όμ‹μœΌλ‘œμ˜ 자금 이동 전망과 VVIP의 κ³ λ―Ό

  • 자금 이동 속도: 뢀동산 μ‹œμž₯의 돈이 주식 μ‹œμž₯으둜 μœ μž…λ˜λŠ” 것은 였래 걸릴 κ²ƒμœΌλ‘œ μ˜ˆμƒ.

  • ν•œκ΅­ λΆ€λ™μ‚°μ˜ ν•œκ³„: κΈ€λ‘œλ²Œ λ ˆλ²¨μ—μ„œ ν•œκ΅­μ˜ μ΅œκ³ κ°€ μ•„νŒŒνŠΈλŠ” 일λ₯˜ μžμ‚°μ˜ 미학적, μ—μ…‹νŒŒν‚Ή κΈ°λŠ₯을 λ§Œμ‘±μ‹œν‚€μ§€ λͺ»ν•¨. 이둜 인해 μ΅œμƒμœ„ VVIP(κΈˆμœ΅μžμ‚° 100μ–΅ 이상) 계측은 μ„ΈκΈˆ 및 미학적 이유둜 이민을 선택할 κ°€λŠ₯성이 λ†’μŒ.

  • λŒ€μ€‘μ  자금 μ΄λ™μ˜ 어렀움: μ€‘μ‚°μΈ΅μ˜ κ°•λ ₯ν•œ 주택 μˆ˜μš”μΈ΅(예: κ³ μ†Œλ“ 근둜자)이 μ‘΄μž¬ν•˜μ—¬ 맀슀 λ¬΄λΈŒλ¨ΌνŠΈλŠ” μ–΄λ ΅μ§€λ§Œ, VVIP μžμ‚°μ€ λŒ€μ£Όμ£Ό μš”κ±΄ μ™„ν™” λ“±μœΌλ‘œ 인해 주식 μ‹œμž₯으둜 μœ μž…λ  κ°€λŠ₯성이 있음.

4️⃣ μœ λ™μ„± μž₯μ„Έμ˜ 고점 μ‹ ν˜Έ (폭슀 νŠΈλ ˆμ΄λ”© μ§•ν›„ 3κ°€μ§€)

  • IPO (κΈ°μ—…κ³΅κ°œ) 폭발: μ˜€λ„ˆλ“€μ΄ μ§€λΆ„(ꡬ주)을 νŒ”κ±°λ‚˜ μ‹ μ£Ό λ°œν–‰μœΌλ‘œ ν¬μ„ν•˜λŠ” ν–‰μœ„. λ―Έκ΅­ μ‹œμž₯μ—μ„œ 이미 μ‹œμž‘λ˜μ—ˆμœΌλ©° ν•œκ΅­λ„ κ³§ λŒ€λŒ€μ μΈ μ‹ κ·œ 상μž₯ 곡λͺ¨κ°€ μ˜ˆμƒλ¨.

  • λ„€λŸ¬ν‹°λΈŒ(Narrative)와 FOMO: "μ™œ 이걸 μ•ˆ ν•˜λŠ”μ§€ λͺ¨λ₯΄κ² λ‹€"λŠ” μ‹μ˜ 선동이 λ‚˜μ˜€κ³ , κ³„μ’Œ 인증 λ¦΄λ ˆμ΄κ°€ λ²Œμ–΄μ§€λŠ” μ‹œκΈ° (κ²Œμž„μŠ€νƒ‘ μ‚¬νƒœμ™€ μœ μ‚¬ν•œ μΈν”Œλ£¨μ–Έμ„œ 발 μ£Όκ°€ μ›€μ§μž„).

  • μΈν”Œλ ˆμ΄μ…˜ ν™•μ—°: μΈν”Œλ ˆμ΄μ…˜μ΄ λŒ€μ€‘μ—κ²Œ ν™•μ—°ν•˜κ²Œ μ²΄κ°λ˜λŠ” μ‹œκΈ°.

5️⃣ μž₯κΈ° 투자λ₯Ό μœ„ν•œ 3κ°€μ§€ ν•„μˆ˜ 원칙

  1. 올인 κΈˆμ§€: 회볡이 μ•ˆ λ˜λŠ” 상황을 막기 μœ„ν•΄ ν™•λ₯ μ  사고λ₯Ό 톡해 μ ˆλŒ€λ‘œ μ „ μž¬μ‚°μ„ νˆ¬μžν•˜μ§€ μ•ŠλŠ”λ‹€.

  2. λ°˜λŒ€λ‘œ μ›€μ§μ΄λŠ” μž¬μ‚° 투자: 금(Gold)κ³Ό 같은 λ³΄ν—˜ μžμ‚°μ„ ν¬νŠΈν΄λ¦¬μ˜€μ— νŽΈμž…ν•œλ‹€. κΈˆμ€ λ‚˜μŠ€λ‹₯의 λ”μ°ν•œ μ‘°μ • μ‹œκΈ°μ— 평균 30% μƒμŠΉν–ˆμŒ.

  3. κ°„μ ‘ κ²½ν—˜ μ€‘μ‹œ: ν”Όλ₯Ό ν˜λ €μ•Όλ§Œ κ΅ν›ˆμ„ μ–»λŠ” 것은 μ•„λ‹˜. 금육의 역사λ₯Ό 닀룬 책을 읽고 κ°„μ ‘ κ²½ν—˜μ„ μŒ“λŠ”λ‹€.


πŸ” μ •λ¦¬ν•˜λ©΄

ν˜„μž¬μ˜ μ‹œμž₯은 톡화 정책이 μ£Όλ„ν•˜λŠ” μœ λ™μ„± μž₯μ„Έμ˜ λͺ¨λ©˜ν…€ ꡭ면에 있으며, μ΄λŠ” μžμ‚° κ±°ν’ˆμ˜ 성격을 κ°•ν•˜κ²Œ 띀닀. λ‹¨κΈ°μ μœΌλ‘œλŠ” μ£Όκ°€ μƒμŠΉμ΄ 지속될 수 μžˆμœΌλ‚˜, ν•œκ΅­ κ²½μ œλŠ” λŒ€μ™Έ 투자 λΆ€λ‹΄κ³Ό κ΅­λ‚΄μ˜ 경직된 μ‹œμŠ€ν…œ(상속세 문제, 자본주의 μ§ˆμ„œ 파괴적 μ±…μž„ 경영)으둜 인해 경제 μ„±μž₯ 동λ ₯을 μžƒκ³  잠재 μ„±μž₯λ₯  3%λ₯Ό λ‹¬μ„±ν•˜κΈ° μ–΄λ €μš΄ 상황이닀. 특히 상속세와 같은 μ œλ„λŠ” λΆ€μžλ“€μ„ ν•΄μ™Έλ‘œ λ‚΄λͺ°μ•„ κ΅­λ‚΄ νˆ¬μžμ™€ κ³ μš©μ„ μœ„μΆ•μ‹œν‚€λŠ” λΆ€μž‘μš©μ„ λ‚³λŠ”λ‹€.

νˆ¬μžμ— μžˆμ–΄μ„œλŠ” IPO 폭발, λ„€λŸ¬ν‹°λΈŒμ— μ˜ν•œ μ‹œμž₯ μ›€μ§μž„, μΈν”Œλ ˆμ΄μ…˜ ν™•μ—°μ΄λΌλŠ” μ„Έ κ°€μ§€ 고점 μ‹ ν˜Έλ₯Ό μ£Όμ‹œν•΄μ•Ό ν•œλ‹€. μž₯κΈ°μ μœΌλ‘œλŠ” 올인 κΈˆμ§€, 금과 같은 μ—­λ°©ν–₯ μžμ‚°μœΌλ‘œ λ³΄ν—˜ λ“€κΈ°, 그리고 금육의 역사 곡뢀λ₯Ό ν†΅ν•œ κ°„μ ‘ κ²½ν—˜ μŠ΅λ“μ΄λΌλŠ” μ„Έ κ°€μ§€ 원칙을 λ°˜λ“œμ‹œ μ§€μΌœμ•Όλ§Œ 꽝(μ‹€νŒ¨)을 μž‘μ„ ν™•λ₯ μ„ 쀄이고 ν™•λ₯ μ  νˆ¬μžκ°€ κ°€λŠ₯ν•΄μ§„λ‹€.


πŸ’° 투자 μ‘°μ–Έ

  • 올인 투자 κΈˆμ§€: μœ λ™μ„± μž₯μ„Έμ˜ 끝은 μ˜ˆμΈ‘ν•˜κΈ° μ–΄λ €μš°λ―€λ‘œ, μ–Έμ œλ“  회볡이 λΆˆκ°€λŠ₯ν•œ 손싀을 ν”Όν•˜κΈ° μœ„ν•΄ ν˜„κΈˆ 비쀑을 ν™•λ³΄ν•˜κ³  올인 투자λ₯Ό 피함.

  • λ³΄ν—˜ μžμ‚° νŽΈμž…: ν¬νŠΈν΄λ¦¬μ˜€μ— 금(Gold) λ“± 주식 μ‹œμž₯κ³Ό λ°˜λŒ€λ‘œ μ›€μ§μ΄λŠ” μžμ‚°μ„ ν¬ν•¨ν•˜μ—¬ μ‹œμž₯ 쑰정기에 λŒ€λΉ„ν•¨.

  • λ―Έκ΅­ 주식 μ„ ν˜Έ: λ‹€μŒ λΆˆν™©μ΄λ‚˜ μ‘°μ •κΈ°κ°€ 왔을 λ•Œ, AI 혁λͺ…μœΌλ‘œ 인해 회볡 속도가 λΉ λ₯Ό κ²ƒμœΌλ‘œ μ˜ˆμƒλ˜λŠ” λ―Έκ΅­ μ‹œμž₯λΆ€ν„° μš°μ„ μ μœΌλ‘œ λ§€μˆ˜ν•  μ€€λΉ„λ₯Ό 함.

  • κ²½κ³  μ‹ ν˜Έ μ£Όμ‹œ: λ―Έκ΅­ 및 ν•œκ΅­μ˜ IPO μ‹œμž₯ 폭발, κ³„μ’Œ 인증 및 ν…Œλ§ˆμ„± λ„€λŸ¬ν‹°λΈŒμ— μ˜ν•œ μ£Όκ°€ κΈ‰λ“±, 그리고 λ¬Όκ°€ μƒμŠΉμ˜ κ΄‘λ²”μœ„ν•œ 체감(μΈν”Œλ ˆμ΄μ…˜ ν™•μ—°) μ‹œκΈ°κ°€ λ‹€κ°€μ˜€λ©΄ νˆ¬μžμ— κ·Ήλ„λ‘œ μ‘°μ‹¬ν•˜κ³  맀도 μ‹œμ μ„ 고렀함.


🏷️ ν‚€μ›Œλ“œ

#μœ λ™μ„±μž₯μ„Έ #μžμ‚°κ±°ν’ˆ #κ²½μ œμ„±μž₯ #상속세 #κΈˆμœ΅μ˜μ—­μ‚¬ #IPO #λͺ¨λ©˜ν…€νˆ¬μž #금투자 #VVIP #μž μž¬μ„±μž₯λ₯ 


🚨주의: 이 λΈ”λ‘œκ·Έ μžλ£ŒλŠ” μ €μž‘κΆŒμ— μ˜ν•΄ λ³΄ν˜Έλ©λ‹ˆλ‹€. λΈ”λ‘œκ·Έμ—μ„œ λ‹€λ£¨λŠ” λ‚΄μš©μ€ 투자 ꢌ유λ₯Ό λͺ©μ μœΌλ‘œ ν•˜μ§€ μ•ŠμœΌλ©°, νŠΉμ • 금육 μƒν’ˆμ˜ 맀수 λ˜λŠ” 맀도λ₯Ό ꢌμž₯ν•˜μ§€ μ•ŠμŠ΅λ‹ˆλ‹€. 투자 결정은 μ „μ μœΌλ‘œ 본인의 μ±…μž„ ν•˜μ— 이루어져야 ν•˜λ©°, 이 λΈ”λ‘œκ·Έμ—μ„œ μ±…μž„μ§€μ§€ μ•ŠμŠ΅λ‹ˆλ‹€.