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On July 24, 2025, episode 308 of the popular MBC show Save Me! Homes aired, featuring comedian Ji Seokjin as a guest. During this insightful episode, Ji Seokjin candidly shared his painful investment failures and the financial struggles he faced in his early life.
Ji Seokjin's Financial Journey
In 1999, while preparing for marriage, Ji Seokjin had only 50 million KRW in savings. This amount was hardly enough to start a new life. To secure a place to live, he took out a 35 million KRW lease loan to rent an apartment after crossing the Seogang Bridge. This marked the start of his financial struggles.
Investment Failures
During the episode, Ji Seokjin discussed a significant stock investment failure involving Seoul Telecom. He revealed that he invested all his savings into this stock after receiving a secret tip from Son Jichang, a fellow entertainer. Unfortunately, the investment turned sour, and he lost everything as the stock became worthless.
After his first lease contract expired, Ji Seokjin was forced to find a new home. He found a place for 120 million KRW and moved to a residential officetel in Ilsan. This move highlighted the ongoing challenges he faced in the real estate market.
Moving Forward: Real Estate Investments
In 2003, Ji Seokjin purchased an apartment in Ilsan for 203 million KRW, coinciding with his wife’s pregnancy. This investment was pivotal in his journey. He later sold the apartment for 225 million KRW, expressing regret over missed opportunities for greater profits.
Additionally, Ji Seokjin shared his decision to buy land in Paju, hoping its value would appreciate significantly if reunification of the Korean Peninsula occurs. He eventually bought an apartment in Cheongdam-dong, which had previously been occupied by Yoon Jungsoo, another well-known figure.
Conclusion: Lessons Learned
The episode of Save Me! Homes featuring Ji Seokjin not only entertained viewers but also provided valuable insights into the risks and regrets associated with investment decisions. His personal anecdotes resonated with many, highlighting the realities of navigating the complex world of finance and real estate.
Ji Seokjin‘s story serves as a reminder of the importance of informed decision-making in investments and the potential pitfalls that can arise. As viewers reflect on his experiences, they may find inspiration to approach their financial journeys with caution and awareness.
This article has been written by Kpopmap AI writer and while we have made efforts to ensure the accuracy of the article, there may be errors or inaccuracies.
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