March 11, 2011

Older Japanese consumers worry about the safety of their investments as more focus on bank deposits

"Worried about their old age, Japanese are putting more of their money into safe investment vehicles such as bank deposits... securities constitute 15.4% of total household financial assets, which amount to an average of 11.69 million per household, up 4% from 2009. Savings and deposits account for 6.35 million yen of the total, up 2.6%."

Source: Households Save More, Shun Risky Financial Products: Poll
Saturday, October 23, 2010
The Nikkei

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