Weekend Random Post - The opportunity cost of investment is consumption.

The opportunity cost of consumption is investment.
I don't remember exactly,
but I believe Principles of Economics
stated that minimizing opportunity cost
is the rational approach.
Everyone dreams of being "Young and Rich,"
but except for a few,
it seems unlikely to be realized in reality.
And those who focus on investment over consumption
might face criticism asking,
"What will you even do with all that money when you're old?"
I think finding a balance is important,
and the major debate in investing
seems to be individual stock picking vs. index investing.
Are you confident you can beat index investors by picking individual stocks?
Or do index investors beat most stock pickers?
These are just theoretical discussions;
it's not that an individual stock picker
can beat an index investor just because they feel confident,
nor is it that an index investor
can beat a stock picker every single time.
Ultimately, the market decides everything,
and depending on the market trend,
the best way to minimize opportunity cost
seems to be balancing stock picking and index investing—
increasing the weight of index investing during bear markets
and increasing the weight of individual stocks during bull markets.
Looking back,
it seems the right answer would have been to increase the weight of index investing
before the July crash,
but the number of people capable of executing that
is likely extremely small.
Due to Meta's strong performance,
it has been revealed that the AI competition between hyperscalers
is turning into a much more intense battle than expected,
and as long as no major macro issues arise,
there is no need to question the sustainability
of the AI momentum.
Since the bull market is still ongoing,
it seems correct to place more weight on individual stocks,
but even if the Korean Won continues to strengthen against the Dollar,
I think it wouldn't be a bad choice to slowly increase
the weight of Dollars and US indices
from a portfolio allocation perspective.