Civil Servant Goes All-In with 300 Million Won in Marriage Funds on Samsung Electronics and SK Hynix...How Did It End?

All jeonse deposit funds invested in stocks
Samsung Electronics and SK Hynix rally generates tens of millions of won in profit

As the KOSPI continues its record-breaking rally, driven by the strong performance of the semiconductor sector, a story about a public official who invested his entire 300 million won wedding fund in Samsung Electronics and SK hynix is attracting attention. With both stocks surging, it is estimated that he has made tens of millions of won in unrealized gains in a short period, drawing keen interest from other investors.

On the 26th, as the KOSPI extended its record-high rally and closed at 6,307.27, up 223.41 points (3.67%) from the previous session, a dealer is working in the dealing room at Hana Bank's Seoul headquarters. Yonhap News

"I Judged This to Be the Beginning of a Bull Market"... 'All-In' on Wedding Fund

On the 26th, an online post titled "My girlfriend and I agreed to split our wedding fund equally between Samsung Electronics and SK hynix today" spread rapidly. The author, identified as Mr. A and describing himself as a public official, revealed that he invested 150 million won each in Samsung Electronics and SK hynix stock using the 300 million won he and his girlfriend had saved for their wedding and a jeonse (long-term housing deposit).

Mr. A stated, "I believe that 300 million won will grow to 1 billion won in a year. I thought long and hard about it, but I still believe this is just the beginning of a bull market," and added, "I saw this as an opportunity to grow our assets in the new normal era of the Korean stock market. I hope it works out well." This decision, prioritizing asset growth over immediate home purchase, is interpreted as a bet on the recent improvement in the semiconductor industry outlook and the anticipated increase in demand for artificial intelligence (AI).

Estimated Short-Term Unrealized Gain: About 28 Million Won

In fact, Mr. A is currently seeing strong results. On the 26th, Samsung Electronics hit an intraday high of 219,000 won, and SK hynix reached 1,099,000 won, both recording new all-time highs. According to Mr. A, his average purchase price was 199,700 won for Samsung Electronics and 1,002,000 won for SK hynix. Based on the closing prices on the 26th, the rate of return was 9.16% for Samsung Electronics and 9.68% for SK hynix. Considering his principal investment of about 150 million won in each stock, Mr. A's unrealized gain is estimated to be approximately 28.26 million won.

Image generated by AI (artificial intelligence) to aid understanding of the article. ChatGPT · The Asia Business Daily DB

Netizens commented, "Glad things turned out well," and "That takes a lot of courage," while others expressed concern, saying, "What if it went wrong?" "A public official seems far from being risk-averse," "It's too risky, so don't just blindly copy this," "Could you have handled it if the market had dropped?" and "Going all-in on one sector is too dangerous."

Experts also emphasize the importance of risk management, regardless of short-term performance. They point out that concentrating assets in a specific sector—especially one as cyclical as semiconductors—can yield high returns during an upturn, but can also lead to significant losses if industry conditions weaken.

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