[2021.03.04.Thu]입이 트이는 영어 Individual investors in the Stock Market

[Brainstorm] individual investors in the stock market, suffer a loss, earn a profit, high risk

[Speaking]Talk about individual investors in the stock market
The COVID 19 crisis has gone on for over a year. It has taken a toll in on the economy. Early last year, Korean stock market took a direct hit as a result. Korea’s Kospi index *took a nosedive to 1400 points in March of 2020, the lowest of the year. But after that, stock prices started to bounce back quite quickly. By December of 2020, the index set a new record at 2800 points. In just 9 months, the stock index more than doubled. The bull market is continuing in 2021, as well.

This up-leading upward trend of the stock market was mainly driven by a large number of new individual investors. A new term was coined to refer to these investors, 동학 ants. It was likened to 동학 peasant movement from Korea’s history. These individual investors were gung-ho about buying up stocks and this spurred on the rices rise in stock prices.

take a toll on 타격을 입히다
take a nosedive 곤두박질치다
retail individual investors=Robinhood investors
be likened to 빗대어지다
gung-ho: enthusiastically
spur on 부추기다 격려하다

[Pattern]
Early last year, Korea’s stock market took a direct hit as a result.
Due to the coronavirus, many business owners took a direct hit.
-> Many self-employed people took a direct hit from COVID-19.
Some of the houses took a direct hit from a typhoon.
-> Some of the houses took a direct hit from the typhoon.

By December of 2020, the index set a new record at 2,800 points.
Many stock indices around the world set a new record. (indices)

Many individual investors were gung-ho about buying up stocks.
I like his gung-ho attitude.
-> We like his gung-ho attitude/
My wife is so gung-ho about work out everyday.
->My wife is very gung-ho about working out everyday.

[Dialogue]
A: A lot more than people I know are investing in stocks.
B: You’re right. There are a lot more than before.
A: Some people even take out loans to invest
B: I think that’s because it’s a bull market now.
A: But I think investing with borrowing borrowed money is too higher a risk
B: Yeah. After all, there is no capital guarantee in stocks.
*capital guarantee 원금보장

[Composition]
1. 코로나 19 위기로 많은 음식점들이 직격탄을 맞았다.
Many restaurants took a direct hit from the COVID-19 crisis.

2. 매번 신기록을 세울거라고 기대할 수는 없어
We can’t expect to set a new record each time.
-> You can’t expect to set a new record each time.

3. 그는 중요하지 않은 것에 대해서 너무 의욕이 넘쳐
He is very gung-ho about something not important.
-> He is too gung-ho about unimportant things.

4. 대출을 받기 싫어서 그냥 중고차를 구입했다.
I didn’t like to take out loans, so I just bought a used car.
-> I didn’t want to take out a loan, so I just bought a used car.

5. 그녀에게 진실을 숨기는 너무 위험 부담이 크다
Hiding the truth to her is too high a risk.
-> Hiding the truth from her is too high a risk.