Golden Melody Award winner Ricky Hsiao clinched two major awards at the 37th Golden Melody Awards—Best Taiwanese Male Singer and Best Album—enjoying the spotlight. However, at the celebration banquet, the focus of everyone’s attention turned to his ‘stock guru’ exploits. It turns out he had precisely predicted that one of the “three heat dissipation giants,” Chaun Choung Technology (奇鋐), would fall to rock bottom, and even encouraged everyone to buy in. Sure enough, the stock soared just one week later.
Ricky Hsiao began dabbling in the stock market during the pandemic and is now a seasoned veteran. He revealed that he prefers high-priced stocks, successfully riding the shipping and AI booms. He trades using voice software and listens to financial news to make accurate moves. On the day of the Golden Melody Awards, when he learned that the sponsored diamond ring was worth NT$10.45 million (about RM1.32 million), he even laughed and boldly remarked, “Just sell my shares of Chaun Choung and I can afford it.”
However, his investment journey has not always been smooth sailing. In April last year, due to international developments and Trump’s tariff policies, the stock market tumbled for three consecutive days, causing his portfolio to evaporate by more than NT$10 million overnight—a painful loss equivalent to an entire house. Fortunately, by buying on dips and skillfully adjusting his positions, he successfully recovered his losses. Having weathered major ups and downs, Ricky Hsiao now understands the importance of keeping cash on hand for defense. He generously shared his investing mantra: “Take profits when you have them; don’t be greedy,” also advising those with smaller capital to buy fractional shares in batches, and to hold steady stocks like TSMC for the long run.
Source: Mirror Weekly, ETtoday Star Cloud