What is the true purpose of 'hands-off' investing? — What this book taught me

There is a book that had a decisive influence on my investment style.
That book is
Fully Revised 3rd Edition: Hands-Off Investment Strategy (Asahi Shinsho).

By encountering this book, I was able to decide without hesitation that
I can commit fully to index investing. And even now, that conviction has not wavered at all.

Why is this book so 'amazing'?

This latest edition is the first major revision in seven years.
The content has been organized more simply, making it a guidebook that is easy for investment beginners to read and put into practice.

It is fully compatible with the 2024 system revisions, such as the new NISA and iDeCo.
It is truly the perfect book for those who are thinking, 'I want to start investing from now on.'

Recommended points I felt after reading

● The execution manual is concrete

It carefully explains everything from opening an account and choosing products to risk management.
The content allows those who are thinking, 'I want to start investing now,' to
take action immediately.

● The index investment strategy is simplified

Compared to previous editions, the strategy has been further unified, offering a proposal that you can feel is
'the best' without hesitation.

● Fully compatible with new systems

The key points for asset formation based on revisions to systems like the new NISA and iDeCo are also clearly organized.

● Consideration for the mental aspect

It is characterized by touching on the mindset needed to continue long-term investing, such as 'tips for continuing' and 'responding to crises.'

● Extensive Q&A that answers beginners' questions

It provides convincing answers to simple questions like 'Is FIRE possible?', 'Is it okay to invest in a lump sum?', and 'What about balanced funds?'

The words that left the biggest impression on me

There is one passage that left a particularly strong impression on me while reading this book.
Index investment blogger Kenichi Mizuno writes this:

—'I want you to spend your time on things that matter more, like your work and your family.'
I resonated very strongly with these words.

It is not just about increasing your money, but
'investing to spend time on the important things in life'.
That may very well be the true purpose of set-and-forget investing.

Structure of this book (excerpt from the table of contents)

• Set-and-forget investing and money in life

• Execution manual for set-and-forget investing (opening an account and specific management)

• Basic knowledge of index fund management

• Practical tips for continuing to invest

• Answers to frequently asked questions

• Special roundtable discussion: The future of index funds

In conclusion

For those who have anxiety or hesitation about investing.
This book, co-authored by Hajime Yamazaki and Kenichi Mizuno,
'teaches you that asset formation can be this simple.'

The term 'set-and-forget' is packed with hints for having more time and peace of mind,
and for enjoying life.
If you are interested, please pick up a copy.

If you want to know more, check out the book!

👇 Click here for the new book 👇

👇 Click here for the Kindle version (e-book) 👇

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