What's good about Korean stocks at this point.

2024. 12. 29. 18:24U.S. Economic Stock Market Outlook

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What's good about Korean stocks at this point.

1. There is no capital gains tax
2. It's cheap. (Low PER, low PBR)
3. It's less likely to crash. (U.S. stocks are a bubble, so they'll fall out a lot if they go off.)
4. There is no loss even if the exchange rate goes back to 1300 won.

If you lose 15% to 20% while playing in the U.S., you could lose another 10% to 15% of Korean stocks. Then you have to work harder.

Since U.S. stocks may last for two to three years without adjustment, about 8% of Korean stock cash is contained.

I think U.S. stocks will start to fall sharply in six months. For many reasons. The biggest reason is that U.S. companies will not meet too high expectations. Even if there are high expectations, it should be high to some extent. It is said that the stock prices of tech giants now reflect the growth in sales and profits of more than 40 percent a year. However, in reality, there will be about 30 percent of sales and profit growth, so I think that 10 percent of disappointment could cause the stock to fall out. Then Korean stocks will also fall out. I think that's a real buying opportunity.

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