2012
2012. 2
:
2
I. 3
II. 4
III. 5
I. JP 7
II. 15
III. 29
3
I.
JP
, , ,
.
1
25~65
,
/
/
4
II.
1.
1 25-65
1,002
:=1:1
/ (Quota Sampling)
6 (, , , , , , , )
1:1 (Face-to-face Interview)
2012 1 4~1 26(23)
20 30 40 50 60
100 301 300 271 30 1,002
5
III.
JPMICI
KOSPI
1) 6 ?
= 100 + [(100 ) + (50 ) + (0 ) (50 ) (100 ) /100
J.P.Morgan
JPMICI = (6 ) / 6
) .
JP (The J.P.Morgan Investor Confidence Index ; JPMICI) 6 5 .
6
Survey on Investment Confidence Index & Fund Usage
7
I.
1. JP
1) JP
' 6 ' , 6 JP 99.5 , 2010 -16 .
'100 ' , ' 6 ' , .
JP (N=1,002)
1) 2010 ' 1 ' , 2011 ' 6 ' .
2) '11 GAP '2012 - 2011 '.
117.4 116.1
99.5
2010 2011 2012
100
-16.6
2011 Gap
0
200
8
2)
, 10~20 , 'KOSPI ' ' ' 100 , .
' '(91.5) ' '(91.4) 30% .
1) 5 (' ' + ''), , (' ' + ' ') .
2) '11 GAP' '2012 - 2011 '.
34.5
32.4
25.8
18.7
11.9
17.8
47.5
51.1
55.2
32.2
63.3
69.9
18.0
16.5
19.0
49.1
24.9
12.4
91.5
91.4
96.1
115.1
106.4
96.8
KOSPI
-22.8
-21.9
-21.2
-11.2
-12.6
-9.7
11 GAP ( : %)
9
3)
JP , (132) > (121) .
, 100 .
, , , , .
JP
1) .
2) '' 2011 12 , 506.
3) '' 2011 10 , 1,071.
4) '' 2011 12 , 1,635.
5) '' 2011 6 , 502.
100 105 92
132 121
() () () () ()
100
0
200
10
.
JP , , .
, , , , .
() 92 91 96 115 106 97 100
() 89 106 104 117 109 105 105
() 76 87 94 105 97 92
() 128 131 135 134 136 125 132
() 105 128 126 129 119 121 121
) , .
11
2. KOSPI
1) 6 KOSPI
'6 KOSPI ' , '1800 '(35.6%) '1900 '(21.7%) , 1867 .
2011 (1,826) 41 , 2012 , 6 KOSPI .
6 KOSPI (N=1,002) ( : %)
) KOSPI 2011 1,826.
12.7
35.6
7.4
21.7
6.7
16.0
1800 1800~1849 1850~1899 1900~1949 1950~1999 2000
1867
12
3.
1)
, ' '(30.5%), ', '(21.7%) , .
'500 ' , .
(N=1,002)
1) '/' . 2) [ ] 2011 .
()
,
,
501 33.1 19.6 9.4 9.6 8.8 6.6 2.6 3.4 1.8 2.2 1.2 0.6 1.0 501 27.9 23.8 12.8 9.6 9.4 3.0 3.8 2.8 3.6 1.2 1.2 0.8 0.2
2529 100 34.0 24.0 6.0 9.0 11.0 4.0 2.0 2.0 3.0 3.0 1.0 1.0 0.0 3039 301 33.6 22.3 8.3 9.3 7.0 5.0 3.7 4.3 2.7 1.7 1.3 0.3 0.3 4049 300 26.3 19.7 15.0 9.7 11.0 4.3 2.7 3.7 2.7 2.0 1.0 0.7 1.3 5059 271 29.2 22.9 11.1 9.6 8.5 5.9 4.1 1.8 3.0 1.1 1.5 1.1 0.4 6065 30 43.3 16.7 16.7 13.3 10.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
500 164 25.6 31.1 10.4 14.6 6.1 3.7 3.7 4.3 0.0 0.6 0.0 0.0 0.0 5001000 233 31.3 19.7 9.9 12.0 7.7 4.7 3.4 1.7 4.7 2.6 2.1 0.0 0.0 10001500 196 32.1 21.4 11.7 9.7 9.7 4.1 0.5 4.1 2.0 1.0 0.5 2.6 0.5 15003000 202 33.7 19.8 10.4 7.4 11.4 4.5 2.5 3.5 2.0 1.5 1.5 0.0 1.5
3000 205 28.8 18.0 13.2 4.9 10.2 6.8 5.9 2.4 3.9 2.4 1.5 1.0 1.0
30.5 21.7
11.1 9.6 9.1 4.8 3.2 3.1 2.7 1.7 1.2 0.7 0.6
[26.6]
[20.7] [9.7] [6.1] [10.6] [0.8] [5.1] [5.5] [8.5] [3.7] [1.0] [1.3] [0.5]
( : %)
13
' ? ?' , 67.9% ' ' . ' ' 12.8% 10% ,
' ' 19.4%, 9.2% .
, ' ' , .
(N=1,002)
) [ ] 2011 .
2)
) '/' .
12.8
67.9
19.4
97.4%
[22.3]
[67.3]
[10.2]
()
(%)
501 13.4 67.5 19.2 97.4
501 12.2 68.3 19.6 97.4
2529 100 22.0 67.0 11.0 101.4
3039 301 14.6 65.1 20.3 98.0
4049 300 11.7 67.0 21.3 96.6
5059 271 9.6 71.2 19.2 96.5
6065 30 3.3 76.7 20.0 94.3
1 84 20.2 58.3 21.4 98.1
13 379 10.8 69.9 19.3 96.9
35 218 14.7 65.1 20.2 97.6
51 207 13.0 69.1 17.9 98.8
1 113 9.7 70.8 19.5 95.5
( : %) ( : %)
14
/
' '(32%), ' '(24.2%) , 12% .
, '/' 73.0% 16.5% , , ''(12.4%), ' '(11.2%) 10% .
', , , '/' , , ' ' .
(N=194)
) BASE.
(N=1,002)
1) '/' .
2) '/' .
32.0
24.2
19.1
15.5
5.2
4.1
( )
()
/
501 68.1 14.0 14.2 1.8 0.4 0.4 0.4 0.6
501 77.8 10.8 8.2 1.0 0.8 0.6 0.8 0.0
2529 100 70.0 17.0 12.0 0.0 0.0 0.0 0.0 0.0
3039 301 70.4 15.6 10.6 1.3 0.3 0.3 1.0 0.3
4049 300 73.3 10.7 12.3 1.7 1.0 0.7 0.0 0.3
5059 271 75.6 9.2 10.3 1.8 0.7 0.7 1.1 0.4
6065 30 80.0 10.0 10.0 0.0 0.0 0.0 0.0 0.0
1 84 78.6 13.1 6.0 0.0 0.0 1.2 1.2 0.0
13 379 77.0 10.8 9.2 0.5 0.8 0.0 0.8 0.5
35 218 74.8 10.6 11.9 1.8 0.0 0.5 0.5 0.0
51 207 69.6 14.0 14.0 0.5 1.0 0.5 0.5 0.0
1 113 57.5 17.7 15.0 6.2 0.9 1.8 0.0 0.9
73.0
12.4 11.2 1.4 0.6 0.5 0.6 0.3
( : %) ( : %)
[37.9]
[12.6]
[17.5]
[13.6]
[10.7]
[3.9]
[56.5]
[24.5] [13.8] [1.9] [0.3] [1.5]
15
II.
1.
1)
83.3% 5 .
, ' , , ' .
(N=1,002)
1~2 23.1%
2~3 31.1%
3~5 29.1%
5~10 14.7%
10~15 1.7%
15 0.3%
()
1~ 2
2~ 3
3~ 5
5~ 10
10~ 15
15
2529 100 52.0 25.0 16.0 7.0 0.0 0.0
3039 301 23.6 35.5 29.2 11.3 0.3 0.0
4049 300 18.3 33.0 33.3 13.3 2.0 0.0
5059 271 17.0 26.2 30.6 21.4 3.7 1.1
6065 30 23.3 33.3 16.7 26.7 0.0 0.0
500 164 61.0 26.8 11.6 0.6 0.0 0.0
5001000 233 24.9 45.1 17.6 12.0 0.4 0.0
10001500 196 13.3 38.3 39.3 9.2 0.0 0.0
15003000 202 11.9 26.7 41.1 19.3 1.0 0.0
3000 205 10.7 16.6 35.1 29.3 6.8 1.5
1 84 57.1 31.0 3.6 8.3 0.0 0.0
13 379 26.9 35.6 28.0 9.0 0.5 0.0
35 218 18.8 36.7 30.7 13.3 0.5 0.0
51 207 14.5 23.7 39.1 18.4 3.4 1.0
1 113 8.8 19.5 30.1 34.5 6.2 0.9
767 25.6 31.9 28.8 12.4 1.0 0.3
174 14.9 29.3 29.3 21.8 4.0 0.6
+/ 61 14.8 26.2 32.8 23.0 3.3 0.0
( : %)
16
69.0%, 8% 1 , '3 ' 8.1% , 1.5 .
, ' .
2)
(N=1,002)
60.7
23.4
15.9
69.0
23.0
8.1
2011 2012
1
2
3
1.8
1.7
1.5
2010 (N=1015)
2011(N=1007)
2012 (N=1002)
()
1 2 3 ()
500 164 93.9 5.5 0.6 1.1
5001000 233 89.3 8.6 2.1 1.1
10001500 196 61.7 33.7 4.6 1.5
15003000 202 65.3 27.2 7.4 1.5
3000 205 36.6 39.0 24.4 2.2
1 2 3 ()
12 231 80.1 16.0 3.9 1.26
23 312 72.4 23.4 4.2 1.36
35 292 61.6 27.4 11.0 1.59
5 167 59.9 24.0 16.2 1.77
( : %)
( : %)
( : %)
17
500 3000 , 41 , 2,244 .
, ' 50 , ' , '/ ' .
(N=1,002)
) , .
()
()
()
16.4
23.3 19.6 20.2 20.5
0.2
500
500~ 1000
1000~ 1500
1500~ 3000
3000
/
2009
2203 2244
2010 (N=1015)
2011 (N=1007)
2012 (N=1002)
9.2 15.1 22.9
34.5 28.0
25~29 30~39 40~49 50~59 60~65
10.9 15.5 27.2
43.3
1~2 2~3 3~5 5
14.8
45.5 53.8
/ +/
( : )
( : )
( : )
( : %)
18
' ' 86.0%, 90.4% . , .
' ' 1 , / ' .
3)
) ' ' BASE, ' ' BASE.
) .
82.1
86.0
17.9
13.9
0.1
0.1
/
2011 (N=1557)
2012 (N=1390)
88.6
90.4
11.3
9.4
0.1
0.2
2011 (N=1007)
2012 (N=1002)
/
500 175 92.0 8.0 0.0
5001000
