I Lost $80,000 Investing In This!

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Information I Lost $80,000 Investing In This!

Title	:	I Lost $80,000 Investing In This!
Lasting	:	6.47
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Views	:	156 rb

Looking to learn more? Check out these related articles from Ramsey:brWhat Is Stock Trading? - bitly/RamseyStockTradingbrShould You Buy Stocks? - bitly/RamseyStocksbrHow to Save Money Fast - bitly/RamseySaveFast
Comment from : @TheRamseyShow

Stocks in the short term look more likely to move downward I Just inherited $500k which I Look forward to invest what stocks should I look into as a newbie to safely grow my money?
Comment from : @BrianaTaylor-q5x

You could have bought stocks that pay dividends
Comment from : @markmyjak7739

This is more normal than people think Before he even answered I told my wife he probably did options trading and makes like 120k and is a software engineering This story is multiplied by 100s
Comment from : @chunkin9799

Just didn't care about his family at all
Comment from : @gigiwoodlawn2142

Investing in any form is gambling
Comment from : @miketheyunggod2534

Ouch Poor children
Comment from : @jenniferfrazierlpc7171

Single stocks are not the problem Taking investment tips from social media is
Comment from : @timlemmon2332

I'm trying to figure out how you have nothing in stocks?unless the stocks you had in that company went belly upor you doin the curly shuffle with your the stocksotherwise I dont get it
Comment from : @woodyferrari1718

All my sisters husbands friends turning 50 at the start of the pandemic all decided to switch to stock trading Only 1 out of the 3 Made money and stopped The 2nd one lost 150k of the kids college fund, be had to go back to being a VP of a publishing co The 3rd lost 100k and hasn't done anything to replace it My sister doesn't want to tell the bumb her husband, he has to go back to work Ridiculous
Comment from : @NM-wd7pl

I lost over $80k when everything started to tank Not because I was in an exchange that went belly up I was just stupid to hold and because that's what everyone said I'm still responsible It just taught me to be a better investor now that I understand more of what could go wrong It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly Thanks Suzanne
Comment from : @EthanCarter01

Dude could of took the time to learn options but decided to gamble
Comment from : @Gooher2dummy

That right there should stop people from playing with options trading There are YTers TikTokers selling their videos and luring people into options trading just for views and monitization
Comment from : @SagheerAhmed-gq4ne

Trade inside an IRA
Comment from : @davidspires7085

I’ve got £100k to invest I want to build a nest egg for when I'm older I want to know if it's a good idea to add all my savings into a long term ETF, set and forget Come back in 20-30 years, instead of 250-300 DCA every month Which ETF would you recommend?
Comment from : @StephanieGAugustus

Guy is like Jessie Livermoore 😊 Everybody make mistake ,but you can do good thing learn from your mistakes😊
Comment from : @man2841

I lost over $80k when everything started to tank Not because I was in an exchange that went belly up I was just stupid to hold and because that's what everyone said I'm still responsible It just taught me to be a better investor now that I understand more of what could go wrong It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly Thanks Suzanne
Comment from : @MattieAntonio

Stop saying "investing in the stock market" dude lol you were gambling on a single individual stock: gamestop squeeze and lost the bet it is not the same as investing in the stock market
Comment from : @mbank3832

"Day Trading" and "Stock" markets are not as easy as it sounds Listen to this guy's voice He's scared and going to be crying for a long time $96K in debt is an insurmountable amount of money It's hard just getting out of $10-$20K of debt Imagine $96K? He will owe this debt for the next 5-10 years Forget about family fun time and vacation Follow Dave Ramsey, ladies and gentlemen, live below your means, and save save save
Comment from : @HoangLeQuang-cx6bn

This guy should have invested in nancy pelosi's trades
Comment from : @bobrossopinions

If he had bought 25 k in stocks from a loan and held onto all the stocks for 3-4 years it might have went up 30 even if he held on to 8-10 years it would have eventually went up unless the company went bankrupthe wanted a quick flip
Comment from : @bible-james4277

This is why you invest in wide ranging index and mutual funds as well as bonds Especially if you don't have the day trading skills Food for thought most day traders are poor
Comment from : @tacticalcrusader3709

Actually, volatility is good for option trades especially if you write the options contract Some single stocks like Apple have a market cap bigger than some of these indexes and efts that Dave loves so much
Comment from : @soissympa8573

makes my 20k day trading loss not so bad
Comment from : @startingtech3900

Zero sympathy for get-rich-schemers
Comment from : @tiwanaku

Who OWES $40,000 on a car? Why would anyone owe more than $10K or $15K on a car? Unless it was for a business, why would anyone buy something by borrowing so much money?
Comment from : @williamjones7821

I heard him talk for 30 seconds and instantly thought "this isnt going to end well" 😅
Comment from : @mtrichie111

I was going to say, "It happens to everyone" until I heard that he took out a loan to "make it back" in the stock market
Comment from : @catherinebanks6420

You can invest into single stocks, but you must do it with wisdom
Comment from : @sheepman6291

That is absolutely terrifying
Comment from : @braddavid902

He should try to buy low and sell high instead of buying high and selling low
Comment from : @johannes6760

Slow growth mutual funds!
Comment from : @mathew3267

The more money people make, the more they spend
Comment from : @Lola-gu1wx

as a ceo of Wsb i will invite this speacial person to join our club
Comment from : @davaidavai6551

OMG 😅😅😅brbrI thought I was dumb This guy is dumb dumbbrbrbrBTW, I'm down $134,000brbrbut I haven't sold Also this was profits from NVIDIA and I bought another stock that tankedbrbrAlso options are risky, unlike stocks If it's a good stock, even though it's down it will go back up Options You get it wrong Bye bye bye moneybrbrHad he put that money in Nvidia, he wouldn't be on this show right now
Comment from : @Jame6999

Crypto trading is better than stocks but same rules apply Stop chasing green candles
Comment from : @WeatherNut27

WHY DOESN'T THE WIFE WORK?? HE GETS TWO JOBS SHE HAS NONE A 30 YEAR 3000 DOLLAR PAYMENT THATS ABOUT A $700,000 HOUSE # MAKE IT MAKE SENSE
Comment from : @lynbrooks18

Single stocks aren’t bad if they are fundamentally sound This guy took the meme-est stock he could find and invested 80 grand into Didn’t sell when he had made the profit and double down with another 25 grand Money quickly made usually leave just as quickly He found a way to gamble in the stock market and it didn’t work out Stick to the fundamentals
Comment from : @allthingsinvestingandfinance

How is it gone did the companys go under ? I have lost 60 on a singel stock But ill still have the 40
Comment from : @migelsker

People who believe AMC and Gamestop will take them to the moon They don't know what they are doing
Comment from : @InspireMe819

My life’s not that bad after hearing stories like this 😅
Comment from : @alex72079

People driving 40k cars, paying mortgage, married with kids And don't have 1k in the bank This is as scary as it gets
Comment from : @davelospinoso9022

Made 60k but got he greedybrbrI turned 3500 in 2020 into 40k in 2021 with Dogecoin Amc and Gamestop
Comment from : @MSotelo503

Want to hear something that will scare you to your core? That man get's to vote
Comment from : @PassiveMoney1979

From WSB to Dave Ramsey Bro has crossed the full financial spectrum 😂
Comment from : @kudokai3751

whenever I see people drive around in fancy cars I think about this caller
Comment from : @mtbiker4life918

That’s normal 3 k a month
Comment from : @jamesandrew6153

Don’t give him options! That’s how he lost all of his money
Comment from : @artboy789

That's gambling addiction
Comment from : @amihan99

This guy sounds like a redditt guy
Comment from : @tyndni

These people are insane!!!!!
Comment from : @hckykd39

This is a WallStreetBets guy for sure
Comment from : @Bill-qz8jv

Bye Ron -- could have saved time and bet it on a gray horse You have an addictive personality It will come out in different ways Wonder how much your wife knows about this??? Wife needs to get a part time or a full time job Make sure you pay your secured debt - your mortgage and house You can clean up the car loan by selling private sale Don't put too much pressure on yourself - take this as a life lesson
Comment from : @Wall2000x

That is such a common story Somebody dabbles in options, has a big win early on, gets addicted, and loses all their money
Comment from : @philochristos

He sold and realized those losses
Comment from : @MistahFen

Dave should have taken this call I think the young man is going to do it again, and $100k job are jobs that people usually don’t have for 20 years
Comment from : @ourownbeautiful423

Jeez…this guy
Comment from : @LeadingPaws

Options is a no no
Comment from : @GreenLifeNursery

$80,000 education 😣
Comment from : @stephengamber7000

The poor guy has a gambling problem Stocks Classic borrow money to recover your losses Great thing is hes being honest
Comment from : @Michael-jo9jb

Ive lost a lot more than him
Comment from : @StockVisionHub

"I kind of lost a lot of money in the stock market" Whenever I hear somebody use the word "kind of" when telling their financial story, I know that their situation isn't any good
Comment from : @Tehui1974

House he can't afford Car he can't afford Gambling habit he can't afford Three kids and a wife who doesn't work Sounds like a recipe for success!
Comment from : @loriej9297

Hahahaha! I hope she divorce his azz!
Comment from : @quychang4471

ANNDDDDD ITS GONE
Comment from : @DJJayWhit

This dude loyoed like he’s single 😂
Comment from : @emc59789

who would put all ther money into gamestop? deffenently no risk managment and risk leverage its lit 50/50
Comment from : @BrikeEtrades

Financial darwinism is beautiful
Comment from : @bobdylan2843

Gamblers can’t be trusted and will leave your family bankrupt The wife should run
Comment from : @laladesy7352

At the 4:18 mark: “I’m just giving you options here” I see what you did there 😂😂
Comment from : @blongshanks77

WSB member im sure
Comment from : @WSB732

Over the years i gained a little bit out of stock market and IRA Some investments i wished i changed but still content and waiting for a bigger gain I never want to bite off more than i can chew I put $400 a month in IRA for a few years now and random amounts in stocks At times it takes thanking God for gains and blessings as well!
Comment from : @bryanbaker1890

options are not risky if you know what you're doing
Comment from : @stevenporter9114

I've watch many of Dave's videos, along with Til Debt Do Us Part One thing I've learned from both shows is how badly some people need a budget and a little guidance They're completely lost until they get good advice and a solid budget worked out (and of course, they need the discipline to follow the budget!) Most of us are never taught how to do this It's really a shame because debt causes so much stress and grief for so many people :(
Comment from : @deborahblackvideoediting8697

Funny, a few people make money on AMC and Gamestop and all of sudden they see themselves as the next Warren Buffett
Comment from : @Pablo-cs5sc

Literally everyone on brr/wallstreetbets told you it wasn't financial advice
Comment from : @willfishing5605

Know when to cash out Greed can financially ruin you
Comment from : @keithsalmon8501

I invested 1k and made 2k back in 2021 with option calls That 3k went down to 0 real quick when the market taking a sudden dump I haven’t touched option calls since
Comment from : @xBIGxMOIx

This is a textbook case of what happens when people gamble NEVER FOMO IN AND PUT ALL YOUR EGGS IN ONE BASKET
Comment from : @tahirhaq9627

This guy is designing missiles while worrying sbout his losses in the stock market Let's hope his employer doesn't find out Much less the Russian or Chinese What s mess
Comment from : @USNavyVet_STG

With the S&P dumping over 20 last year a lot of people got wiped out playing individual stocks
Comment from : @kleindropper

OOOF I feel for the guy Learned my lesson by paying $12k in stupid tax, messing with single stocks DON'T DO IT!! No matter how attractive it looks Please learn from me and Byron!
Comment from : @justinh6044

In options you either become rich or broke, no in between
Comment from : @kylemccarthy02

Investing isn't the problem, it's his approach to it that's the problem People have to take a step back and really analyze what they are doing and realize things before they go over the line and end up in this situation
Comment from : @neozzickmixes3987