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After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

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Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#61

Post by strangegecko »

apparent wrote: post #57
jdw64 wrote: post #42

As a Korean, the reason people rush into stocks is simple: labor value has been completely destroyed. Realistically, it's nearly impossible for high income young people in their 20s and 30s to buy a house in Seoul. That forces them to move to the provinces, but then there's almost no infrastructure. No companies either. So many people turn to leverage in hopes of a life changing reversal. The recent rise in the KOSPI…

Can people live cheaply in the outskirts and work remotely for a foreign company? Or would that still not get you on track to be able to buy in/near Seoul?

It could work, but those types of jobs (paying significantly more than local salary and yet fully remote in a different time zone) are few and not easy to get nowadays (not that they were ubiquitous before).

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#62

Post by oefrha »

anovikov wrote: post #34
x313 wrote: post #20

For those who don't know what's going on in Korea, KOSPI is up 3x in the last year and a large amount of HBM employees have made huge amounts of bonus pay. This has led to an insane FOMO frenzy in a society that's already very competitive. Add to that, stock gains in Korea are often used to finance housing purchases (or real estate investment) so many retail investors are scared of being "locked out" of housing (whic…

With housing their being so cheap, what the hell is the problem anyway? It's impossible to have expensive real estate in a country that's dying out fast.

Huh? According to https://seoulhomes.kr/en/properties/prices/, in Q1 2026, the average apartment in Seoul sells for ~₩1.2B, ~₩45M per 3.3sqm, that's ~840k USD and ~9.6k USD per sqm or ~900 USD per sqft, in what world is that cheap?

Population can age fast while the supply of desirable places to live still doesn't meet demand.

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#63

Post by numpad0 »

stickfigure wrote: post #52
x313 wrote: post #20

For those who don't know what's going on in Korea, KOSPI is up 3x in the last year and a large amount of HBM employees have made huge amounts of bonus pay. This has led to an insane FOMO frenzy in a society that's already very competitive. Add to that, stock gains in Korea are often used to finance housing purchases (or real estate investment) so many retail investors are scared of being "locked out" of housing (whic…

> housing (which is a requisite status symbol for dating or marriage I get that culture is hard to change, but it still seems easier than changing the economics. There are men and women out there who presumably are interested in partnering up; at some point you'd think biology will take over irrespective of which achievements have been unlocked. What's stopping them?

System of education? The current form of it have nudges and blockers everywhere to stop population explosion leading us all into Soylent Green type situation.

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#64

Post by lottin »

stickfigure wrote: post #52
x313 wrote: post #20

For those who don't know what's going on in Korea, KOSPI is up 3x in the last year and a large amount of HBM employees have made huge amounts of bonus pay. This has led to an insane FOMO frenzy in a society that's already very competitive. Add to that, stock gains in Korea are often used to finance housing purchases (or real estate investment) so many retail investors are scared of being "locked out" of housing (whic…

> housing (which is a requisite status symbol for dating or marriage I get that culture is hard to change, but it still seems easier than changing the economics. There are men and women out there who presumably are interested in partnering up; at some point you'd think biology will take over irrespective of which achievements have been unlocked. What's stopping them?

Social status is a big part of what makes a person attractive especially if you're a man.

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#65

Post by jiggawatts »

HWR_14 wrote: post #25
jiggawatts wrote: post #15

Earlier quoted context omitted.

Both NVIDIA and Apple derive much of their wealth from off-shored manufacturing to… drumroll … China! (PRC+ROC) If China decides to take over Taiwan and nationalises TMSC, redirecting their top tier silicon to 100% Chinese companies then what are the American firms worth?

If China takes over Taiwan, TMSC's assets are being reduced to rubble before Taiwan's first shot back.

> reduced to rubble

By whom?

China would be mad to destroy the most valuable building on that island.

I doubt Taiwain would bomb themselves.

I can't see anyone in the US acting like this either.

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#66

Post by readthenotes1 »

stickfigure wrote: post #52
x313 wrote: post #20

For those who don't know what's going on in Korea, KOSPI is up 3x in the last year and a large amount of HBM employees have made huge amounts of bonus pay. This has led to an insane FOMO frenzy in a society that's already very competitive. Add to that, stock gains in Korea are often used to finance housing purchases (or real estate investment) so many retail investors are scared of being "locked out" of housing (whic…

> housing (which is a requisite status symbol for dating or marriage I get that culture is hard to change, but it still seems easier than changing the economics. There are men and women out there who presumably are interested in partnering up; at some point you'd think biology will take over irrespective of which achievements have been unlocked. What's stopping them?

I thought Biology drives coupling, not partnering.

Porn and 4B divert coupling...

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#67

Post by Behemoth66 »

kelseyfrog wrote: post #44
raziel2701 wrote: post #6

The story we were telling young people that if they apply themselves, go to school and get a job they'll be able to afford family, house, vacations is moving further and further away for more and more people. The turn towards financial nihilism will continue.

We live in a capitalist society, not a labor-oriented society. The way to make big money is through capital - ie: purchasing property and then selling it for (hopefully) profit. Laboring in a capitalist economy is a loser's strategy because your capital is you body's ability to produce value and that has a maximum physical limit. Why participate in an economy using a strategy that has a natural upper bound? It makes…

Did it never occur to you how the vast majority of people acquire initial capital is via labor?

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#68

Post by dozerly »

kelseyfrog wrote: post #44
raziel2701 wrote: post #6

The story we were telling young people that if they apply themselves, go to school and get a job they'll be able to afford family, house, vacations is moving further and further away for more and more people. The turn towards financial nihilism will continue.

We live in a capitalist society, not a labor-oriented society. The way to make big money is through capital - ie: purchasing property and then selling it for (hopefully) profit. Laboring in a capitalist economy is a loser's strategy because your capital is you body's ability to produce value and that has a maximum physical limit. Why participate in an economy using a strategy that has a natural upper bound? It makes…

This is the logical end conclusion, but in reality, we live in a middle ground where plenty of people have and will live in a society where they can sell their labor for a perfectly content life.

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#69

Post by kelseyfrog »

Behemoth66 wrote: post #67
kelseyfrog wrote: post #44

Earlier quoted context omitted.

We live in a capitalist society, not a labor-oriented society. The way to make big money is through capital - ie: purchasing property and then selling it for (hopefully) profit. Laboring in a capitalist economy is a loser's strategy because your capital is you body's ability to produce value and that has a maximum physical limit. Why participate in an economy using a strategy that has a natural upper bound? It makes…

Did it never occur to you how the vast majority of people acquire initial capital is via labor?

The vast majority of lottery winners buy lottery tickets.

Re: After Losses, Retail Investors Flock to 3x Leverage as 2x Product Are Restricted

#70

Post by amarcheschi »

oezi wrote: post #49

I would be really interested to learn what the default advice for retail investors is across countries. In Germany the consensus is MSCI World or FTSE All-World ETFs. I believe in the US most advice goes to VTSAX (US Total Market), VOO (S&P500) and maybe QQQ (NASDAQ100) which means only US stocks. What gets recommended in other countries?

Italy - vwce or any all world

This of course if you're doing by yourself, banks definitely won't recommend that but some other bullshit fund with high costs and poor performances

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