More than half of 772 KOSPI stocks have negative returns over the past 10 years
Semiconductor-related industries gain thousands of percent returns over 10 years... Finance also advances
While it's said that you win in the stock market if you 'hold on', that's often not the case. While the KOSPI index surged from 1,900 points to 5,000 points, more than 400 stocks declined.
Mainly, stocks of companies based on domestic consumption such as cosmetics and airlines recorded poor performance. The trend is that autos, cosmetics, and refining are declining, while shipbuilding, defense, nuclear power, and semiconductors are advancing.
According to the Korea Exchange on the 25th, based on the closing price on the 23rd, 408 stocks recorded negative returns compared to the closing price on January 25, 2016. More than half of 772 stocks with prices have declined compared to 10 years ago. Even with a 10-year investment, the probability of making money is less than 50%.
https://www.news1.kr/finance/general-stock/6049246
