Celebrity Cai Ag-ga loses NT$20,000 instantly after buying MediaTek stock on wife's advice

Taiwanese internet celebrity Cai Ag-ga experienced a swift and significant paper loss after following his wife's advice to invest heavily in MediaTek stock. On June 26, encouraged by his wife, Er Bo, who believed it was a "great stock market sale," Cai Ag-ga purchased one share of MediaTek at NT$3,900 per share, a substantial investment of NT$3.9 million.

However, the timing of his purchase proved disastrous. The Taiwan stock market experienced a severe sell-off that day, with the main index plummeting by 1,683.50 points, marking the third-largest single-day drop in history. Immediately after Cai Ag-ga placed his order, MediaTek's stock price plummeted to its daily limit, closing at NT$3,880. This resulted in an instant paper loss of NT$20,000.

Cai Ag-ga shared his dismay on social media, posting a screenshot of his transaction with the caption, "Wait, bought it and it immediately hit the limit down, losing 20,000 right away." His wife, Er Bo, humorously commented, "You spend money even without going out." The couple's exchange amused many netizens, who discussed the risks and unpredictability of the stock market.

Facing the immediate evaporation of NT$20,000 in paper value, Cai Ag-ga anxiously asked his wife, "Will it go up next week? Someone tell me quickly." Er Bo could only respond with a laugh, "I don't know." The interaction underscored the emotional rollercoaster of stock trading, especially for those making significant investments based on market sentiment or advice.