"Parents Make 700 Million Won from SK hynix Investment, Will They Buy Me a House?"... Civil Servant's Post Sparks Backlash
"If My Parents Buy Me a House When I Get Married, I'll Be Devoted for Life" Civil Servant Sparks Outcry
"Parasite Mentality" and "Makes Me Not Want Kids" — Wave of Criticism
With the semiconductor boom driven by artificial intelligence (AI), the KOSPI continues its record-breaking rally, and posts certifying investment profits from semiconductor stocks such as SK hynix are pouring in every day. Amid this, a government employee who found out that his parents were earning significant profits from stock investments sparked heated criticism after saying, "If my parents buy me a house when I get married, I will be a dutiful child for life."
On the 11th, the status board at the Hana Bank dealing room in Jung-gu, Seoul, displayed the KOSPI and other indicators. Photo by Yonhap News
View original imageOn May 13, a post titled "My parents made 700 million won in SK hynix profits, so will they buy me a house?" went viral on social networking services (SNS). The author, Mr. A, who identified himself as a government employee, wrote, "I am not married yet, and this is all I am looking forward to. But I don't think I could say it directly," expressing his hope by adding, "Wouldn't they buy me at least an apartment in the provinces when I get married?"
He continued, "I just wish they would sell, but I'm keeping quiet because I'm worried they might notice my expectations." He added, "If they just bought me one house worth around 200 to 300 million won, I would be a dutiful child for life. Please," revealing his true feelings.
Flood of Criticism: "Parasitic Mindset"
Many criticized Mr. A's post. One commenter said, "You should be grateful that your parents gave birth to you healthy and raised you well. Is it normal to remain immature as an adult and just ask for things?" The commenter added, "If I were next to you, I would want to slap you on the back of the head to wake you up."
Employees are leaving work at the SK hynix headquarters in Icheon, Gyeonggi Province.
View original imageAnother commenter pointed out, "This is why people don't talk about their earnings, even with family. As a child, shouldn't you worry about your parents' retirement funds first?" The commenter continued, "Posts like this make me not want to have kids." Other comments included, "Did you even consider the gift tax?", "Your mindset is wrong. Go earn a living yourself," and "This is exactly what a parasitic mindset looks like."
Record-High KOSPI... Wave of Profit Certification Posts
Recently, online posts certifying large profits from SK hynix stock have been on the rise. Last month, a post appeared stating, "I invested in SK hynix over 10 years ago and now I have enough for marriage funds."
The author, Mr. B, wrote, "My mother, who knew nothing about stocks, took me to a brokerage firm, opened an account for me, deposited just under 30 million won, and bought SK hynix stock. She told me to use it for marriage funds later, but since I am still unmarried, the shares remain untouched."
Along with this, Mr. B disclosed a screenshot showing his holdings of SK hynix stock: a balance of 782 shares, a purchase price of 33,554 won per share, and a current price of 1,146,000 won as of April 16. The unrealized profit amounted to 869,932,129 won, representing a staggering return of 3,315%.
Another topic of interest was a certification from Mr. C, who reported that the SK hynix stock his mother purchased had surged over 10,000% in returns, swelling to 600 million won. Mr. C's mother bought 382 shares of SK hynix at an average price of 13,035 won, investing a total of 4.97 million won. The return rate reached 12,873.11%, and the unrealized profit amounted to 640 million won.
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Meanwhile, the soaring price of SK hynix stock is expected to continue, with forecasts suggesting that the pace of memory price increases and performance improvements will keep outpacing the stock price rally for the time being. As a result, the target price has been raised again to 2.8 million won.
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