"Talent" Bui Cong Nam opened up about the story of selling his house to play in the stock market, which received the attention of the audience.
According to Bui Cong Nam on his personal TikTok page, when he was affected by the COVID-19 epidemic, he had some savings so he invested in stocks.
The male artist affirmed that he is a "stock player", not a stock "investor".
At first, every stock he bought had its price go up. This is what makes Bui Cong Nam feel confident about his knowledge of stocks. He researched the technology and stock codes of the business according to what his friends shared.
After that, he continued to invest a larger amount of money to buy stocks. When investing, he has the mentality that if he has unused unused money, a year later he will definitely have a profit of about tens of percent based on what he won before.
However, as soon as he spent a large amount of money on stocks, the codes he bought all "collapsed". From a stock code priced at 1,500 to 1,200. But because he wanted to get off the hook, Bui Cong Nam continued to pour more money in to buy stocks, but the stock price continued to "plunge".
"I lost about 80% of the money I put into stocks. At that time, I needed money again, but I couldn't accept selling the remaining stocks at a loss. So, I sold the house to have money to manage. outside work. From there, there was a story about selling the house because of the stock market," Bui Cong Nam recounted.
The male singer added that currently, the amount of money invested in stocks has been somewhat recovered. The loss amount is only about 40% of the invested amount.
Bui Cong Nam is one of the artists participating in the program " Brother overcoming thousands of thorns ". He received love from the audience because of his friendly and approachable personality.
Bui Cong Nam was born in 1994, is a singer, songwriter and music producer.
He is known from the program Sing My Song 2016. Bui Cong Nam was lovingly nicknamed "King of Tet music" by the audience with a series of hits about this traditional holiday, such as: What did you do last year, Tu But this Tet, I will return, a rich Tet...