Investor Lo Kheng Hong Has A Seiko Watch Since 2005: Because Investment Goals Are Not To Look Rich

Lo Kheng Hong. (Photo: Doc. ITB HR)

JAKARTA - Investor Lo Kheng Hong revealed that his goal in investing in stocks is to become rich, not to look rich.

One example of this, according to the man called Warren Buffet Indonesia, is that he still uses the same watch since 2005 until now. He has used the Seiko brand since 2005 or has worn it for 17 years.

"I'm wearing a Seiko watch that I've been wearing since 2005. I'm still wearing it for 17 years because it's not damaged," said Lo Kheng Hong in the SimInvestival Goes to Campus program broadcast on the SimInvest YouTube channel, quoted on Thursday, July 7.

"The goal is to be rich, not to look rich. Because the goal is to be rich, not to look rich. Being rich is important, looking rich is not important," added Lo Kheng Hong.

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Currently, he assesses, many parties would rather look rich than be real rich.

"Many people prefer to look rich than to be rich. People prefer to look rich than really rich. But because they want to look rich they spend a lot of money so they can't be rich," said Lo Kheng Hong.