It Was Like Buying a New Car and Sending It to the Junkyard... Kim Wonhoon's Total SK Hynix Buy: At What Price Did He Invest?

Kim Wonhoon: "Bought SK hynix at 2.76 million won"
Lost 24 million won within two weeks of starting stocks

First-ever stock investment amid "KOSPI 9000" market boom
"Averaged down too much... Lost 2kg in weight"

Comedian Kim Wonhoon revealed that he began investing in stocks during the domestic stock market boom, only to suffer losses of tens of millions of won within two weeks. In the teaser for "Retail Investor Kim Wonhoon: The World of Stocks," released on Netflix Korea's YouTube channel on August 3, he shared, "Within two weeks of starting stocks, I lost enough to buy a car."

Comedian Kim Wonhoon revealed that he suffered losses of tens of millions of won from stock investments. Netflix YouTube

The teaser, which starts with the subtitle "KOSPI Breaks 9000," features Kim saying, "I have never tried stock investing before; I just rolled over my savings." He added, "People say putting money in a bank account just to earn interest is the most foolish thing. After talking to people who have handled real money, I started wondering if I should also invest in stocks." At the time of filming, SK hynix's share price had surpassed 2.1 million won.

Determined to invest in stocks, Kim Wonhoon put in 30 million won. With the help of fellow comedians, he first learned how to use the mobile trading system (MTS). He then bought KODEX KOSPI 100, an exchange-traded fund (ETF), and purchased three shares of SK hynix at 2.76 million won each. Through short-term trading, he made a profit of 160,000 won and began to increase his investment.

The trouble started immediately after that. As soon as he invested a large sum, the stock prices began to fall. He repeatedly bought additional shares to lower his average purchase price, and his total investment ballooned to 180 million won. His losses also increased to 24 million won.

Kim Wonhoon confessed, "I averaged down too much; it was almost like going to a water bomb festival. Some people water down their whiskey, but at this point, there’s no flavor left." He added, "I've become drained and lost 2 kg. I have no appetite or motivation. Wherever I go, I feel like I’m wandering around like a zombie."

On July 18, the KOSPI broke the 9000-point mark for the first time ever. On July 23, SK hynix reached an all-time high of 3,002,000 won, and Samsung Electronics hit a record 380,000 won on July 19. However, after a sharp decline in global tech stocks, the KOSPI plummeted nearly 40% from its peak at one point.

After repeated surges and tumbles, the KOSPI closed at 6,598.26 on August 5, up 3.76% from the previous day, boosted by positive momentum for semiconductors coming from the United States. SK hynix climbed 5.77% to close at 1,668,000 won, while Samsung Electronics ended the day 2.5% higher at 246,000 won.

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