“Recently, as secondary battery stocks have risen too much, it is burdensome to make new purchases now. A better strategy may be to find good stocks among sectors where stock prices have declined a lot.”
Lim Jin-woo, deputy director of Hana Securities Samsung-dong Financial Center (pictured), said that this is the most frequently asked question from customers recently, and advised, “Pay attention to new sectors rather than additionally buying secondary battery-related stocks.” Deputy General Manager Lim, who joined Hana Securities through public loans in 2012, is mainly in charge of consulting and managing stock investments for customers. In the early days of his joining, he worked in the Derived, Bonds Department at the head office. Then he came out to the point where stocks wanted to do 6 years ago.
Deputy Director Lim won last year with a cumulative rate of return of 47.58% at the ‘Hankyung Star Wars King of Kings in the second half of 2022’, a stock investment competition hosted by the Korea Economic Daily and hosted by Hankyung.com. Compared to the 5% and 10% declines in the KOSPI and KOSDAQ indexes, respectively, over the same period, this was an excellent performance. About 3 months have passed since then. In the market, theme stocks are fluctuating in the box range. Since it is a difficult market for investors to get lost in, we heard what the strategy of Deputy Director Lim, an “investment expert,” was.
“Bio profit growth expected … aerospace and robots are also positive”
Deputy Director Lim analyzed that investors are showing a tendency to be greatly shaken by YouTube recently. He said, “If you look at why individual buying of secondary battery-related stocks is going on for a long time, it seems that the trend has increased because there are many recommendations for secondary battery stocks through YouTube.” After watching YouTube and investing, our unity has grown stronger.”
He explained, “There is no stock that rises endlessly. All stocks that continued to rise had an end,” he explained.
Deputy Director Lim diagnosed that although stock market volatility is increasing as a side effect of the recent interest rate hike, it is not a very bad situation as liquidity is also reduced. He revealed that he is paying attention to the bio industry instead of secondary batteries. In addition, aerospace, robots, and semiconductors were evaluated positively.
Deputy Director Lim said, “Korea is a strong country in biosimilars (generic drugs for biopharmaceuticals), and there are blockbuster biopharmaceuticals whose patents are starting to be released this year, so we will be able to show practical profits and growth potential.” And semiconductor stocks are also missing a lot, so considering that it is a cycle industry, we expect another opportunity to come this year.”
“Don’t be in a hurry to invest… Set up your own investment criteria”
Deputy General Manager Lim mentioned , as one of the investments he made well. He explained, “Alteogen started buying at 30,000 won and invested for a long time expecting 300,000 won.”
On the contrary, as a regrettable point, he cited the neglect of assets other than stocks. He said, “In the past, there were many opportunities to buy real estate cheaply, but at the time, I was thinking of investing in REITs rather than buying real estate.”
Deputy Director Lim advised investors not to rush into buying and selling. It seems that you should buy right now and on the contrary, you should sell, but split buying and selling are important. He said, “Even when buying and selling, you need to implement a split-buy and split-sell strategy.”
In particular, he pointed out that it is forbidden to blindly buy stocks after listening to the words of acquaintances. If you look at some individual investors, they often buy stocks recommended by their neighbors without thinking, but they should study and select stocks to invest in. In fact, there are many cases where most of the companies investing in actually visited or interviewed the people in charge.
Deputy Director Lim said, “The unfortunate thing when I see customers or people around me is that when buying stocks, they listen to others and buy without thinking, and then study when bitten.” It’s a pity that I’m looking at it too positively and trying to find a reason to keep it.”
Cha Eun-ji, Hankyung.com reporter chachacha@hankyung.com
