Yoo Jae-suk’s Strategy for Financial Success: Saving Instead of Investing in Stocks

Yoo Jae-suk’s Strategy for Financial Success: Saving Instead of Investing in Stocks

On July 26th, the video “The Only Hyungs Who Can ‘Scratch’ God Yoo!”was uploaded on the “Jo Dong Ari”channel.

The first episode of “Jo Dong Ari”featured Yoo Jae-suk as the special guest, garnering much interest from viewers. Alongside Kim Soo-yong, Kim Yong-man, and Ji Suk-jin, he took a trip down memory lane to reflect on their past experiences.

During their discussion, Yoo Jae-suk mentioned that they all had a common trait of being bad listeners, using Yong-man’s nickname of “Dumbo”as an example. In response, Kim Yong-man expressed regret for not taking real estate advice during their prosperous times and instead making the mistake of investing in stocks.

Ji Suk-jin remarked, “I often receive stock tips such as, ‘I’m sharing this with you because I trust you’ and ‘I don’t want to succeed alone, so I’m telling you.’ Yong-man easily buys into these tips, but Yoo Jae-suk never follows through, even after multiple reminders.”

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Yoo Jae-suk questioned, “Why should I invest in something I don’t comprehend?”When he inquired about the company’s operations, they responded with, “Why does it even matter?”They also emphasized, “It’s a high-risk, high-reward opportunity that rarely presents itself.”

Ji Suk-jin remarked, “Throughout our lives, we have never experienced high returns. It has always been a high-risk environment.”Yoo Jae-suk added, “I have been focused on saving.”Ji Suk-jin pointed out, “He simply deposits his money in a bank with a 2.1% interest rate.”Kim Soo-yong sadly stated, “Every time I make a purchase, the CEO ends up getting arrested and the company delisted.”

Yoo Jae-suk inquired about Kim Soo-yong’s well-being, sensing that he was troubled. Kim Yong-man playfully remarked, “Do his eyes seem like they’re reaching their limit? If things get too overwhelming, take a break and lie down on the couch,”which elicited laughter from everyone.

During the conversation about investments, Yoo Jae-suk remarked that time flies by when discussing them. He also mentioned that Yong-man had been very active in investing, including in shops and clothing businesses. However, Ji Suk-jin pointed out that none of these ventures had been successful. Kim Yong-man then added that Yoo Jae-suk remained unfazed by these failures.

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Kim Soo-yong inquired about Yoo Jae-suk’s prior business experience. Yoo Jae-suk responded by saying, “With hyungs like you around, I never felt the need to venture into that field.”Ji Suk-jin remembered, “Yong-man was never successful in his real estate investments. It’s unfortunate because he once showed me two properties in Garosugil at 10 PM and confidently stated, ‘This location will become popular.’ However, he never made a purchase despite the low prices at the time.”

Yoo Jae-suk reflected, “It’s still hard to believe. Whenever we visit Garosugil, Suk-jin and I always remember how Yong-man introduced us to this place. He told us, ‘Everything here will change completely.’” Ji Suk-jin chimed in, “Yong-man has a knack for electronics and cars. It seems like every time he buys something, a newer model comes out and the value drops.”Yoo Jae-suk continued, “We used to wait for Yong-man’s purchases before making our own, just to avoid the same fate,”causing everyone to burst into laughter.

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