This post is blowing up because it perfectly captures the relatable struggle of trying to give 'smart' financial advice to parents, only for them to lowkey be stock market geniuses. It taps into the universal desire for easy wealth and the ongoing Korean obsession with stock investing, especially in blue-chip giants like Samsung Electronics.
Okay, so last year, my mom told me she bought some **Samjeon** (Samsung Electronics) stock for like, 70,000 KRW a share. And me, being the 'smart' one, I was like, 'Mom, sell it ASAP!' But guess what? I asked her today, and she's still holding onto it. Fr fr, she said she has no plans to sell, like 'what else am I gonna buy?' Her investment strategy is actually wild simple: buy stocks that won't go bankrupt, hold 'em until they profit, and if you don't need the cash, just keep holding. She literally never cuts her losses. The only regret? She bought Samjeon instead of **Hynix**, even with those insane returns. Oh, and get this, I *think* I remember her **getting delisted (sangpye)** from the market back in the early 2000s, lmaooo. She's been through it all!
🇰🇷 KOREAN REACTIONS 10
No cap, people who out-earn even big corporate IR staff literally just buy blue-chip stocks, no day trading, and hold until it moons! 📈
Fr fr, it's the hardest investment strategy 💀 You can do it with small amounts, but going all-in like that? Nah, that's next level hard.
@Lee Sung-dang, which temple are you at?? Lmaooo, your mom's a whole Bodhisattva with that patience! 🙏
Wait, but it's actually a known thing that women in their 60s have the highest stock returns! They say it's because they don't obsess over economic news, just buy solid blue-chip stocks everyone else is buying, and hold for ages. QUEEN behavior! 👑
My dad, who knows nothing about stocks, wanted to invest, so I opened an account for him, told him to buy Samjeon, got it for him in the 50k KRW range, and he still has it 'cause he can't renew his certificate 💀 If it were me, I would've sold when it hit 100k Samjeon already, lmaooo.
But lowkey, luck plays a HUGE role, so it's not easy to copy. If this whole AI boom hadn't happened, things could be 180 degrees different right now 😭
They say it's not a 'master' but just good luck. Lee Kwang-soo said that on Ju-a-ga-bang, no cap. 🤷♀️
This is the result of 8 years of holding! Ever since I first got into stocks, I've just been holding because I figured it wouldn't go bankrupt. Still holding strong! 💪
I only mess with KOSPI and NASDAQ ETFs. Single stocks are too risky for me. If the index drops, everything drops together, so it's kinda comforting? Plus, it's fun to just stack a little bit every month. 💸
Samjeon at 50,000 KRW... *cough* hehe. 👀