日本，如何走出失去的30年？

Core Viewpoint - The current economic situation is causing concerns about future income and retirement, similar to Japan's lost decades. The focus should be on effective capital allocation to preserve wealth [1]. Group 1: Japanese Pension System - Japan's pension system has managed to provide substantial payouts despite economic stagnation and an aging population, primarily through investment strategies [2][10]. - The scale of Japan's pension fund is approximately $1.6 trillion, with total returns reaching ¥5.2 trillion since 2001 [2]. - The investment strategy emphasizes long-term orientation and risk management, focusing on stable assets [3][4]. Group 2: Asset Allocation - Japanese pension funds allocate 25% to domestic bonds, 25% to foreign bonds, 25% to domestic stocks, and 25% to foreign stocks, ensuring risk diversification [5][6]. - The strategy includes investing in high-yield domestic stocks, which can outperform the market and provide reliable dividends [7][8]. Group 3: Investment Recommendations - To ensure returns, it is suggested to invest in high-yield domestic stocks and stable, lower-risk assets like savings [11][18]. - The current market conditions indicate a potential bull market for domestic stocks, particularly in the banking sector, which has shown resilience and strong dividend yields [14][17]. - Caution is advised in stock trading, with a recommendation to consider stable funds focused on high-yield stocks rather than direct stock trading [15][17].