You may have watched the recent CNA video about this South Korean investor who used leverage to achieve his Financial Freedom Retire Early (FIRE) goal but ended up with a 6-figure USD100k loss when the market tanked. Here's the video:https://www.youtube.com/watch?v=JvsuUf-N6Eo This is a summary of the video if you do not have time to watch … Continue reading Why I Think The Investor Losing 100k Using Leverage Is Not As Bad As It Seems
The pursuit of early retirement—popularly known as the FIRE movement (Financial Independence, Retire Early)—has captured the imaginations of workers globally. But in high-cost-of-living nations like South Korea, standard savings strategies often feel entirely inadequate. For young professionals watching wages stagnate while asset and living costs soar, traditional bank savings accounts can feel like running on … Continue reading The High-Stakes Bet for Early Retirement: Lessons from a South Korean Retail Investor Using Leverage
August was a good month as I made USD1.42k profits from my trading account. Out of this total profit amount, I earned USD800 from options trading while the remaining profit of USD624.86 came from shares trading. Some of my profitable trades include: [6 Aug 26] +USD500 Profits In A Single Day Closed my SELL PUT … Continue reading Trading Review Aug 26 (USD1.42k Profits)
