Chef Yeo Kyung-ok, a master of Chinese cuisine known for winning first place in a real-money investing competition, revealed on social media (SNS) a case of suffering a major setback in personal finance.
On the 22nd, Chef Yeo posted on her Instagram a screenshot of her stock balance in her mobile securities application (app) along with the caption, "It's sad, but I'll show you an example of an investment failure."
The photo shows the investment product was "ACE SK hynix single-stock leveraged exchange-traded fund (ETF)." Chef Yeo put about 1.2 billion won into the product to buy a total of 3,317 shares, but was seeing an unrealized loss of 61.38%. Converted into an amount, about 740 million won had evaporated, and the remaining asset value stood at 460 million won.
Chef Yeo did not specify the exact date when the photo was taken. The average purchase price shown on the screen is 36,342 won. On this day, the ACE SK hynix single-stock leveraged ETF ended trading at 13,065 won, and SK hynix closed at 1,919,000 won.
Earlier, in June, Chef Yeo said she held 9,000 shares of Samsung E&A and disclosed an account with an unrealized gain of about 245 million won (about 102% return).