Mother 80%, Daughter 18%...January Bull Market, the Decisive Reason Behind Diverging Returns

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Individual investor Jin Mo (56) divided and invested 70 million won into Samsung Electronics and Hyundai Motor stocks in 2022. Currently, both stocks have returns exceeding 100%. Including POSCO Holdings and others that were purchased with small amounts at the time, as of the 4th, Jin's stock account return rate is over 80%. Jin's daughter Lee Mo (27) has also consistently invested about 10 million won in stocks for seven years since 2019 when she was a university student. She bought large-cap stocks like her mother, but also diversified into aviation, biotech, and other sectors. Her return rate currently stands at only 18%.


The decisive reason for the different returns between mother and daughter was the initial capital and investment attitude. Lee, a 20-something office worker, had many places to spend money, and whenever she heard from people around her that it was "fine," she would sell large-cap stocks and buy thematic stocks. In contrast, Jin explained, "I believed large-cap stocks would eventually rise, so even when returns fell, I didn't sell them and just let them sit."


Since the beginning of the year, the domestic stock market is writing history with all-time highs, but investment returns were not distributed evenly to everyone. This is the result of JoongAng Ilbo's analysis commissioned with Korea Investment & Securities, classifying domestic stock investors by age and asset level and analyzing changes in return rates during January (1-31). Even though 9 out of 10 customers made profits in this unprecedented "bull market," polarization was evident.

Reporter Park Kyung-min



https://www.joongang.co.kr/article/25402656

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