As expected, the Bank

As expected, the Bank of Korea cut its key interest rate by 25 basis points from 3% to 2.75%. Surprisingly, it lowered its economic growth outlook by 0.4% all at once from 1.9 to 1.5%. Here's how it feels. At a time when the government cannot make policy decisions easily because of impeachment, the Bank of Korea can no longer afford to let the decline in domestic demand slide, which is why it believes that the Bank of Korea exercised excess power. In addition, as economic research institutes such as KDI continue to attack the Bank of Korea for economic recession, it seems that they are telling you to take care of it because they will listen to all your demands. Now that there is nothing more to squeeze on the interest rate policy, it is time for the fiscal policy to respond.

With Trump's tariff policy, countries around the world preemptively lowered interest rates, making it easier for us to cut interest rates, and we argued for a noticeable rate cut. And it was possible to cut interest rates because the world made the exchange rate weak to avoid tariffs, so we could escape the risk of exchange rates.

I tried to respond by selling on fact if the stock price started to rise before today's interest rate cut, but as the stock price started too low than I thought, I changed my mind to buy a low-priced call and luckily it worked out. I think it reminded me that investment is luckless, and that the basis of options is Yeobang-sam.

Now there is a rate cut. The outcome of the policy will depend on whether the easing of the interest rate burden will boost consumption and revive the domestic economy, as the BOK thinks, or whether the money will go into real estate. Hopefully, the result will be that way, as the purpose of the rate cut is to first defend against Trump's tariffs and second is to prevent worsening domestic demand. If it goes back to real estate, the Korean economy will have no real hope now.

All of my well-known friends are now jobless, with the exception of politicians and the owner's relatives. I don't know about friends who have run their own business since their 40s, but those who have worked at large corporations or small and medium-sized enterprises are still hiding and wandering around to see if anyone will call them out. At our age, we won't be called the representative of the company unless we go to politics. Like most of our friends, you will have no choice but to start a business or live by receiving monthly rent and pensions. It's okay for friends who have hobbies and skills that can do it alone, but those who need an organization have worked with the organization, and it takes a long time to wander. In that sense, I am a personal investor, and I am fortunate to spend my time doing what I like and writing.  

Isn't there a good thing about getting older? You don't have to worry about others anymore. Isn't it a joke that the probability of getting old and dying is higher than the probability of dying while sky jumping on a motorcycle and walking on a fire? In my case, I can write whatever I want. Since I have no intention of making money through writing, no matter what anyone criticizes, it's "I don't care." I'm sleepy now that the weather is going down. Now that I've seen the results of the Monetary Policy Committee, I'm going back to hibernating mode. We still have a long way to go before the Gyeongchip...