Lee Chang-hoon

Investors should begin with asset allocation, always hold equities because stocks outperform over the long run and the market system remains intact, and use index ETFs as the core starting point before moving to sector ETFs and then individual stocks. He names S&P 500, Nasdaq, KOSPI 200, and KOSDAQ 150 as examples of starting index ETFs and warns against trying to time the market.

Investors should begin with asset allocation, always hold equities because stocks outperform over the long run and the market system remains intact, and use index ETFs as the core starting point before moving to sector ETFs and then individual stocks. He names S&P 500, Nasdaq, KOSPI 200, and KOSDAQ 150 as examples of starting index ETFs and warns against trying to time the market.

Samsung Electronics and SK hynix are the representative Korean market leaders and should be held even if investors buy only a small initial position and accept possible drawdowns. Their earnings are rising with DRAM prices, their valuations still look inexpensive relative to global peers such as Micron and TSMC, and a potential MSCI developed-market inclusion or SK hynix ADR could help narrow the discount; analyst targets of 1.5 million won for SK hynix and 250,000 won for Samsung are plausible, though short-term overheating risks corrections.