As the domestic stock market experiences extreme volatility and continues to decline, retail investors who invested recklessly in leveraged products or margin trading are facing bankruptcy.
Recent posts on investment forums and online communities have flooded in, with individuals expressing their despair over losses caused by the stock market crash.
One investor shared a shocking account showing that their total account balance had plummeted to just 8,175 won, reflecting a -96.83% return and nearly 100 million won in losses due to margin trading.
There are also reports of individuals losing their down payments and interim payments for real estate investments. One investor who had purchased an apartment in Dongtan began leveraging investments to secure the interim payment but suffered losses exceeding half of their investment. They lamented, "I can’t secure the interim payment even after exhausting my retirement funds and taking out loans."
Another tragic story emerged from an investor who lost their entire life savings after investing heavily in a single leveraged product tied to SK Hynix. They reported a valuation loss of 2.2 billion won (-78.7%). The investor stated, "I sold my house to invest, but ultimately went bankrupt. I deeply regret the atmosphere that encouraged stock investment."
Experts warn that in the current environment of heightened stock market volatility, high-risk leveraged products and margin or credit trading can lead to catastrophic losses that exceed the principal amount during market downturns. They emphasize that reckless investments aimed at short-term high returns can result not only in personal bankruptcy but also in family breakdowns, necessitating extreme caution.
* This article has been translated by AI.
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