Investment Expert Advises Against Current Stock Market Entry, Recommends Holding Cash

Comedian turned investment expert Hwang Hyun-hee is urging potential investors to stay out of the stock market for now, advising them to hold onto their cash. Hwang believes the current market is too volatile for novice investors, characterized by rapid daily gains and losses.

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You shouldn't even think about entering the stock market right now. A market that rises 7% one day and falls 8% the next is not our market for beginners; it's a market for players.

"You shouldn't even think about entering the stock market right now," Hwang stated on the YouTube channel 'Lee Hong-ryeol TV.' He described the current environment as a "player's market," not suitable for beginners who can only occasionally check stock prices due to work commitments.

Hwang recommends a cautious approach: if one has 100 million won, they should divide it into five 20 million won portions and hold it as cash. He anticipates that by the end of the year, news from the U.S. regarding Artificial Intelligence could trigger a market downturn. He specifically mentioned looking out for headlines questioning whether the "AI bubble is bursting."

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If you have 100 million won, hold it as cash, dividing it into five portions of 20 million won each.

His strategy involves waiting for a significant market correction. Hwang suggests that once the market falls more than 20% from its previous high, it signals the start of a bear market. He advises beginning phased investments when the market has dropped by approximately 30%.

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Towards the end of the year, you'll probably see news related to AI coming out of the U.S. There's a possibility of a correction when articles like 'Is the AI bubble bursting?' appear.