Korean Job Discussion Forums

[Tiberious aka Sparkles]

Does anyone actually invest in the Korean stock market? Is it a totally insane thing to even consider? Or is it a sound choice for someone who is planning on spending a few years (at least) here?

To tell the truth, I'm a bit surprised more people haven't mentioned the Korean stock market and investing. Any advice (seoultrader, hello?) would be very much appreciated.

Sparkles*_*

[justaskdan]

I'ld stay away and invest in NYSE, NASDAQ and AMEX.

What if the Korean economy took a dive like the Japanese economy did, a ten year recession. In fact a lot of smart money is going into Japanese stocks right now as they could soon recover. There are a lot of bargains out there.

And the North Korea threat doesn't make things any safer to invest. They are throwing their reteric around with even worse threats lately, like cutting off talks with the US in less they get what they want quick.

A few thousand artillery rounds will really crash a stock market. IMHO.

[ratslash]

i work with a bloke who invested a couple of years ago and made a it of money.

investing in any stock market is always risky in any country.

[jvalmer]

The primary disadvantage with trading in Korea is that the volumes are low. So, if your in it for the short term (1yr or less), forget about Korea. But, I'm thinking about going down to a bank one day and opening up a trading account (just haven't gotten around to doing it yet). I'm anticipating some headaches getting a trading account open though (not right visa, etc.). I know a guy (kyopo) who sunk some money in '97 (when the IMF came in) on Korean stocks and took it out last year. He is quite a bit more financially comfortable now.

Bascially only 5 exchanges in the world have enough volume to justify short term trading. They are the NYSE, NASDAQ, Nikkei (Japan), Hang Seng (Hong Kong) and FTSE (London). You may have to brush up on your Chinese and Japanese for the Nikkie and Hang Seng.