News12 Dec 2017

South Korea:Employees invest 25% of pay in financial products

12 Dec 2017

South Korean workers put a fourth of their earnings into financial products, such as time deposits and stocks, a recent survey shows.

The poll carried out on 786 salaried workers by Hunet, a provider of career education, found that 91.5% of the respondents invested their money in various financial products.

According to the findings, which allowed the respondents to choose multiple answers, 63.1% of them prefer low-risk investment products like time deposits and fixed deposits, reported the Yonhap News Agency.

Another 48.5% said they invested money in stocks, bonds and mutual funds.

Insurance and pension products came in third with 33.3%, and property was fourth with 34.8%, the survey showed.

 

 

| Print | Share

CAPTCHA image
Enter the code shown above in the box below.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.

 

Recent Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.



Follow Asia Insurance Review