JOMO Replaces FOMO as South Korea's Stock Market Plunges; Leveraged Semiconductor Products See 90%+ Investor Losses

According to Financial News, as South Korea's stock market plunged in recent weeks, the concept of JOMO (Joy of Missing Out) has rapidly replaced FOMO (Fear of Missing Out) among retail investors. The shift reflects a marked change in market psychology, with investors moving from anxiety about missing opportunities to satisfaction with avoiding losses.

Since last month, the Korea Exchange recorded 18 sell-side circuit breakers and 5 full trading halts. Some leveraged semiconductor products have seen over 90% of investors enter loss positions. Online communities are now echoing sentiments like "not investing turned out fortunate" and "cash is the best investment," marking a shift from FOMO-driven herd behavior to what local markets term JOMO—though critics note the concept has degenerated into mockery of late-entry investors rather than embracing disciplined investment principles.