“I’ll be a thunderbolt”… Investors riding on the KOSPI rise

Enter 2021.01.14 16:19 | Revision 2021.01.14 16:20

A 28-year-old office worker, Eun-su Ko, did not invest in stocks even during the’Donghak Ant Movement’ that took place in a sharp decline in March-April last year. It was because I thought I had no talent in stocks, and I also lacked seed money. However, when the KOSPI index broke through 3100 earlier this year, he began to become uneasy. Mr. Ko said, “As long as people get together, talking about stocks makes me feel like I’m left behind alone.”

Ko is not the only one who feels anxious about the stock boom. Park Mo (31), an office worker, also said, “These days, all assets are a bubble, so it has become a world where you can’t live with just your salary, but I think I’ll avoid having to make a profit from stocks.” A 29-year-old office worker also said, “When I see the article that I earned hundreds of millions or thousands of stocks in the community of workers, my stomach hurts,” and said, “I can’t just watch the phenomenon that money makes money.”

As the KOSPI index continued to rally from the beginning of the year and broke through 3200 during the market on the 11th, people who were unable to invest in stocks are jumping into stock investments. As it is often heard that people around me have made money thanks to an unprecedented bull market, these investors are even feeling fear that’Isn’t it the only one who can’t make money?’

There was also a movement to seize opportunities in the stock market, centering on those who were marginalized from the real estate market due to the soaring house price. This is because the stock market has a lower barrier to entry than the real estate market. A researcher at a securities company explained, “It is a burden that the initial capital needs to be large for real estate investment, but the threshold for stock investment is relatively low.” did.

Jeong-woo Koo, professor of sociology at Sungkyunkwan University, explained, “There are risks to investing in stocks blindly, but it can be viewed as a rational option.” Professor Koo believes that the judgment that some investors cannot be marginalized in this bull market because the real estate problem has raised asset inequality too much. Among those who did not participate in the rally of rising asset prices, the spirit of FOMO (phobia of alienation) is spreading. Formo sentiment refers to fearing that all assets such as real estate, cryptocurrencies, and stocks will be alienated from the bull market.

According to the Financial Investment Association, investor deposits, considered to be stock market funds, were totaled at 74,455.9 billion won as of the 12th. The credit offering balance, which is an indicator of how much investors have invested in debt, is also around 20.787 trillion won. All of them are all-time highs.

Aunt, a 33-year-old office worker, said, “I don’t think it’s bad to make a profit by borrowing for a moment in a market where volatility is high like these days,” he said. “I have the idea that I should take care of this opportunity.” Market experts said, “It is desirable to invest in good corporate stocks with your own investment,” but “You should avoid investing in speculative ways without covering up front and back in the anxiety of having to get on the last train.”

Kim Yong-tae, managing director of Galaxy Asset Management, advised, “Investors who have not studied enough should not try to get short-term profits after buying small and medium-cap stocks.” Managing Director Kim said, “When there is volatility, anxiety and anxiety appear a lot in novice Donghak ants. In this case, the more you have to study the companies you have invested in.”

An official in the financial investment industry said, “It is important to keep in mind that not all stocks rise just because the market atmosphere is good,” he said. The official added, “There are overflowing unverified contents among YouTube and books, and it is also important to distinguish between correct contents and contents that are not.”