"Many Stocks Rose 400 Times More Than Samsung" John Lee Reveals Investment Know-How [Taste of Wife]

Photo by TV CHOSUN, screenshot from the broadcast of 'The Taste of Wife, Nowhere in the World'.

[Asia Economy Reporter Kim Bong-ju] Investment expert John Lee appeared on 'Taste of Wife' and shared investment know-how for children.

John Lee appeared on the TV CHOSUN entertainment program 'The Taste of Wife, Nowhere Else in the World,' which aired on the 13th.

During the broadcast, when Jang Young-ran asked, "What time do you wake up?" John Lee replied, "I wake up between 4 and 5 a.m." and said, "There is no poor person among those who wake up early."

John Lee revealed that he does not own a car, saying, "There is no need to buy a car in Seoul. But when I see employees, they all have their own cars. So I thought, 'No wonder they have to be poor.'"

He continued, "You should not just look rich; you have to become rich."

John Lee, who bought Samsung stocks in the past, said, "I bought them in 1991 for 15,000 won. Now they have risen 200 times to about 2 to 3 million won. Besides Samsung, there are many stocks that have risen 400 times," adding, "Not investing in stocks is actually more dangerous."

He also said, "If you have a lot of money, you can have smart people under you," which made all the participants nod in agreement.

John Lee then posed two options: 'Receive 10 billion won at once' or 'Receive 100 won, 200 won, 400 won doubling each day for 30 days,' asking which one they would choose. He explained the 'magic of compound interest' by saying, "In 30 days, you accumulate a whopping 53 billion won," surprising everyone.

This content was produced with the assistance of AI translation services.