Business · Markets · 1 day ago
South Korean worker says leveraged US stock bets cost him 450 million won
A South Korean worker says he lost about 450 million won after investing nearly 500 million won of savings in leveraged US stock products.
He shared his experience on Blind, an anonymous online community for workers.
He said he first held on as losses grew, expecting prices to recover, then made further leveraged investments to try to win back the money.
He now says his losses exceed 90% of what he invested.
The losses have affected his daily life, including his ability to work and eat, and he said he had thought about suicide.
Other community members responded with messages of support, but no further steps were described.
A South Korean office worker says he lost about 450 million won after investing in leveraged US stock products.
He said he had saved nearly 500 million won over his working life before putting almost all of it into the investments.
The worker said his losses exceeded 90% and worsened after he repeatedly sold at a loss and moved into other leveraged products.
He described struggling to work and eat, losing significant weight and experiencing thoughts of suicide.
The account drew supportive responses from users on an anonymous workplace community.
- Who
- An office worker identified as A, who said he was a former employee of Han Young Accounting Corporation.
- What
- He said leveraged US stock investments cost him about 450 million won.
- When
- His account was posted on Blind on the 6th; the article was published on November 7, 2026.
- Where
- The account appeared on Blind, an anonymous workplace community in South Korea.
- Why
- He said he invested nearly all his savings in leveraged US stock products during a rising market, then repeatedly moved into other leveraged products to try to recover losses.
This story does not have two clearly opposing sides.
A said he saved nearly 500 million won over his working life and invested almost all of it in leveraged US stock products.
He said losses grew from an initial 10% to more than 30% to 40%, and he kept switching to other leveraged products to try to recover.
A’s account about losing about 450 million won was posted on Blind.
- Reported loss
- About 450 million won
- Savings before investment
- Nearly 500 million won
- Reported loss rate
- More than 90%
- Community
- Blind
1 source
What people are saying
I put all my money into US leverage. Of course, I bought at the peak.
I kept selling at a loss, then aggressively entered other leveraged products and sold at a loss again. Now I’m down more than 90%.