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From In-Laws to Trading Partners: The $2,250 Profit Changing This Family

Daniel Kim Views  

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[iNews24 reporter Seol Lae-on] An iNews24 post by a daughter-in-law about how endearing her in-laws have become since they started trading stocks has circulated online.

A daughter-in-law’s account of her in-laws’ newfound fascination with stock trading circulated online. The photo is unrelated to this article. [Photo by Eunsoo Cho]

On a recent online forum, a woman identified only as A — a daughter-in-law married for five years — posted under the headline, “My in-laws who recently started trading stocks are so cute.”

A wrote that her in-laws began investing with 20 million KRW (about $15,000) and now react to daily market swings with either delight or disappointment.

She said that when she visited last weekend, her father-in-law proudly showed her a securities app on his phone: after only a month of trading, his first sale had returned roughly 3 million KRW (about $2,250).

He even called the grandchildren by name and announced he would set up scholarship savings for them, saying the stocks he picked rose despite the recent market downturn.

A said her father-in-law planned to use his stock profits to fund scholarships for the grandchildren. The photo is unrelated to this article. [Photo by Gemini]

His wife tried to temper his enthusiasm, saying, “What savings plan already? Let’s buy something tasty with that money,” but he remained determined and said he would contribute to the grandchildren’s scholarship fund every month.

A wrote that she worries about what will happen if they lose money next month, but she found it both funny and sweet that, after one profitable month, he was already talking about scholarships for the grandkids.

Online commenters responded with remarks such as “A positive take on modest in-laws,” “Seems like everyone but me is making money,” and “Statistically, people in their 60s and 70s have the highest returns.”

Daniel Kim
content@tenbizt.com

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