'Former Chungjuman' Kim Sun-tae: "Sold My House to Go All-In... Held Over 1,000 Samsung Shares at 58,000 Won"

Purchased Over 1,000 Samsung Electronics Shares at 58,000 Won
Sold Entire Holdings at 62,000 Won After Failing to Endure 2 Years of Sideways Trading

Kim Sun-tae, who was loved by many as "Chungjuman." Screenshot from the YouTube channel "Kim Sun-tae."

Kim Sun-tae, a former civil servant who gained recognition as "Chungjuman" while running the YouTube channel for Chungju City, shared that he once purchased Samsung Electronics shares at 58,000 won per share but was unable to endure the stagnant price period, resulting in missing out on significant profits.

On July 23, an interview video with Kim was released through the official KBS YouTube channel as he appeared on the new entertainment program "Don Sun-tae's Era of Success." In the video, Kim discussed his stock account, which he had previously disclosed on a broadcast in October 2022. "Back then, I was a major shareholder of Samsung Electronics. I held over 1,000 shares at around 58,000 won each," he said. "I even sold my house and put everything into those shares while living on monthly rent."

However, Kim explained that he sold all his Samsung Electronics shares when the price was around 62,000 won. He commented, "You might not remember, but the stock price hovered in a sideways pattern for too long at that time. It persisted for over two years, and I couldn't stand it out of frustration." He added, "I also felt disappointed with the overall domestic stock market." Furthermore, he mentioned, "There were issues like company spin-offs and listings back then, which made me think that the Korean stock market was too challenging."

Nevertheless, the stock price surged significantly afterwards. As of the closing price on July 23, Samsung Electronics recorded 270,000 won per share. If Kim had maintained his 1,000 shares bought at 58,000 won, the principal investment of about 58 million won would have grown to approximately 270 million won. This corresponds to a return of about 365.52%, or an unrealized profit of roughly 212 million won.

Kim was appointed as a level-9 civil servant in 2016 and began operating Chungju City's official YouTube channel "Chung TV" from 2019. He garnered attention with "B-grade sensibility" content that leveraged the latest trends and memes, leading to changes in promotional strategies for local governments and public institutions. Acknowledging these achievements, Kim was promoted to level-6 at the end of 2023, just seven years after his initial appointment, drawing interest as an example of "rapid promotion."

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