'Jeongsan Meeting' Kim Mina "Income Around 2 Million Won... Saved 150 Million Won Over 8 Years"

Published 15 Apr.2020 10:42(KST)

Updated 15 Apr.2020 10:47(KST)

Photo by JTBC, screenshot from the broadcast of 'Don Gilman Georeoyo - Jeongsan Hoedam'

[Asia Economy Intern Reporter Park Hee-eun] Kim Min-a, an announcer with 8 years of work experience, revealed her income and financial management methods.

On the 14th episode of JTBC's "Walk Only the Money Path - Settlement Talk," broadcaster Kim Min-a and the FIRE family sisters known as 'Daepwama' appeared as clients. The FIRE family refers to people aiming for early retirement in their late 30s or 40s.

In the broadcast, Kim Min-a disclosed, "When JTBC reorganized, the weather segment was removed, so I was let go. My salary was calculated hourly, and in months when I worked less, it was under 2 million won."

She also explained her past career before becoming a weathercaster. Kim said, "I graduated from an education university and could have become an elementary school teacher," adding, "Before working as a weathercaster at JTBC, I worked as a flight attendant for about six months. Even then, I was not a full-time employee and earned about 2 million won per month."

Additionally, she revealed, "I have saved 150 million won in deposits and savings over 8 years of working since 2013." She continued, "I usually don't spend much money. I'm not interested in bags. Saving about 18 to 20 million won annually led to this amount," and added, "The biggest expense was car installments, which cost 1 million won per month."

Kim Min-a introduced her investment method as P2P (real estate small investment) with an annual interest rate of 8%. She invested 20 million won in real estate small investments and earned an average return of 9%.

In response, asset manager Yoo Su-jin said, "I have investment experience. There are ways to avoid risks," highlighting key points such as 'choosing the company carefully,' 'avoiding newly established companies,' 'selecting products that guarantee principal,' and 'choosing companies that have received large investments.'

Furthermore, experts warned about the risks of real estate small investments. Reporter Sung Sun-hwa explained, "Because the risk is high, the Financial Supervisory Service regulates the investment amount per individual," adding, "I have never seen anyone profit. Kim Min-a is a very lucky case."

Lawyer Kim Hyun-jun also stated, "There are about 200 P2P companies. The ratings are determined by the companies themselves, and they compete excessively to raise their ratings."

Ultimately, Kim Min-a said that day, "I think I was lucky. The message that having real estate collateral does not mean safety really resonated with me," and decided, "I will not invest in P2P in the future."

Meanwhile, the client sisters Daepwama revealed how they doubled their retirement fund of 500 million won in 4 years. They canceled 8 pension insurance policies, investing the 150 million won obtained into the Chinese stock market, earned profits, and then invested that amount in U.S. stocks.

On the day, the Daepwama sisters consulted whether to invest in stocks or convert to monthly rent after selling a small apartment located in Eunpyeong-gu. Ultimately, agreeing with experts' advice that "real estate has passed its peak," they said, "We will hold cash and gradually invest in stocks."