'23 Billionaire' Park Jung-soo Soars Immediately After Selling Samsung Electronics..."Missed Opportunity to Make Hundreds of Millions"

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Actor Park Jung-soo opens up about his failed stock investment.On March 3, a video titled I got into a fight with John Lee while talking about retirement investment. The real investment secret for 30 years after retirement was posted on the YouTube channel You cant stop Jung Soo.In the video, Park met with financial expert John Lee to talk about investing.Park said, I lost money investing in stocks in the past. I thought I would never do stocks again, but nowadays, if you dont do stocks, youre not a person these days. Its an embarrassing story, but four years ago, I bought a few thousand shares of Samsung Electronics at 80,000 won, he said, recalling his past investment experience.But then the stock price went down to 50,000 won, and it stayed in the 50,000 to 60,000 won range for two to three years, he said. I was very nervous because it was the most expensive stock I bought. I was so nervous because it was the biggest stock I bought, so I thought Id sell it when it was worth it, but as soon as I sold it, it went up to 100,000 won. I sold it with 5 million won left, but I missed the opportunity to make hundreds of millions of won, he regretted.The reason why many people fail in stock investing is because they try to time the stock price. Whether I buy it for 50,000 won or 80,000 won, I will wait 10 years and sell it for 200,000 won or 300,000 won. Thats the reason for investing in stocks.Meanwhile, Park Jung-soo was married in 1975 but divorced in 1997. He is currently in a common-law relationship with PD Jung Eul-young, the father of actress Jung Kyung-ho. He made headlines when he revealed that he built an Apgujeong building worth about 23 billion won for Jung Eul-young PD.

Actor Park Jung-soo opens up about his failed stock investment.

On March 3, a video titled "I got into a fight with John Lee while talking about retirement investment. The real investment secret for 30 years after retirement" was posted on the YouTube channel "You can't stop Jung Soo.

In the video, Park met with financial expert John Lee to talk about investing.

Park said, "I lost money investing in stocks in the past. I thought I would never do stocks again, but nowadays, if you don't do stocks, you're not a person these days. It's an embarrassing story, but four years ago, I bought a few thousand shares of Samsung Electronics at 80,000 won," he said, recalling his past investment experience.

"But then the stock price went down to 50,000 won, and it stayed in the 50,000 to 60,000 won range for two to three years," he said. "I was very nervous because it was the most expensive stock I bought. "I was so nervous because it was the biggest stock I bought, so I thought I'd sell it when it was worth it, but as soon as I sold it, it went up to 100,000 won. I sold it with 5 million won left, but I missed the opportunity to make hundreds of millions of won," he regretted.

"The reason why many people fail in stock investing is because they try to time the stock price. "Whether I buy it for 50,000 won or 80,000 won, I will wait 10 years and sell it for 200,000 won or 300,000 won. That's the reason for investing in stocks."

Meanwhile, Park Jung-soo was married in 1975 but divorced in 1997. He is currently in a common-law relationship with PD Jung Eul-young, the father of actress Jung Kyung-ho. He made headlines when he revealed that he built an Apgujeong building worth about 23 billion won for Jung Eul-young PD.

About Park Jung-soo

Park Jung-soo is a South Korean actress. Park made her acting debut in 1972 and became best known for starring in television dramas, notably Love and Farewell, Way of Living: Woman, LA Arirang, Why Can't We Stop Them, Rose Fence, and Living in Style.