Kim Jong-kook reveals holding Samsung Electronics shares bought at 50,000 won

Singer Kim Jong-kook has drawn attention by revealing that while he has managed his assets primarily through cash and deposits without any separate investment strategies for about 30 years, he holds Samsung Electronics shares purchased at around 50,000 won per share.

In the 324th episode of the KBS2 variety program 'Problem Child in House,' which airs on the 14th, stock expert Michael Min-soo Kim and macroeconomics expert Oh Gun-young will appear to discuss recent investment market trends and wealth management strategies for individual investors.

During the broadcast, the MCs will reveal their investment tendencies by sharing their personal wealth management experiences. Yang Se-chan will draw interest by introducing himself as a "legendary 60,000 won Samsung shareholder," stating, "I even held it when it was at 100,000 won." However, he elicited laughter when he answered "I don't have any" to a question about whether he currently holds any.

In contrast, Kim confesses that he has managed his assets focusing on long-term savings. He stated, "I have never done any kind of investment in 30 years. It is all cash. I only received 2% in bank interest."

Despite this, he revealed an unexpected investment history. Kim said, "I don't know anything about stocks at all, but people around me told me to hold Samsung Electronics, so I just bought it," revealing that his average purchase price for Samsung Electronics shares is around 50,000 won.

As a result, Kim, who has not been active in stock investing, ended up purchasing Samsung Electronics shares in the so-called "50,000 won range" and holding them for a long period. In particular, he expressed his intention for long-term holding by stating that he has not sold the shares to this day and "has no intention of selling."

In response, Joo Woo-jae, who has usually walked the "single path of savings" alongside Kim, provided laughter by reacting, "You're a traitor!" It was a joke implying that Kim's investment felt like a betrayal of the principles of frugality and saving that he had believed in.

Kim's wealth management method shows a significant difference from typical investors. This is because he has preferred keeping his assets in cash and deposits over a long period rather than active stock trading or real estate investment. An irony of "unintentional long-term investment" was created in that he actually held Samsung Electronics shares in a long-term holding form.

On this day, Kim contemplates changing his wealth management method while listening to the experts' advice. It is reported that when Michael Min-soo Kim introduced the so-called "442 strategy," Kim showed high interest, asking, "I should definitely move it then? Why hasn't anyone told me until now?"

Attention is gathering as to what the "442 strategy" is that shook the investment views of Kim, who had only looked toward bank interest for 30 years, and whether he will actually change his asset management method.