Video
[Anchor] Amid recent volatility in the domestic stock market, the story of an individual investor is drawing attention. What is the story about?
[Reporter] A netizen, who identified himself as a young man from the countryside, said he reached his dream goal of 1.5 billion to 2 billion won on May 15.
He had high hopes of buying a new apartment in the provinces and living a relaxed life off the dividends from the remaining money.
However, perhaps human greed knows no bounds.
At some point, the investor began dabbling in margin trading, which involves borrowing money from a brokerage firm to invest.
At first, the returns were low, but as the scale of his investments grew, so did his debt. He eventually confessed that he lost most of his assets after two or three failed investments.
In the end, he revealed that he had to sell off even the assets he had earmarked for his retirement to pay off his debts, leaving him with only about 200 million won before deciding to leave the market.
The investor warned of the dangers of margin trading, stating that the moment you touch it, your principles and rationality collapse.
He added, "I thought I would be happy if I just had money, but without people to share my heart with and the warmth of life, even a large sum of money is ultimately just a hollow number." He urged others not to lose sight of precious people and the value of life while chasing money.
(Source: Online Community)