Post by
pecuniam on Jan 28, 2021 9:23am
My buddy just kicked his 20 year old son out of the house.
Apparently, he ignorantly was stock trading and is in some serious margin call trouble. I guess he was up on some trades but now has lost everything he had and is in a negative margin call. Brokerage is calling the house.
Comment by
aabrahadabraa on Jan 28, 2021 9:29am
sounds like bullish to me...
Comment by
driller1a on Jan 28, 2021 9:34am
Common story. Over 80% of "day traders" eventually lose everything.
Comment by
aabrahadabraa on Jan 28, 2021 9:37am
but he didnt lose anything hes a 20 year old kid, would his dad kick him out if he came home with 1000's of dollars in student loans,??sounds like a nice SHORT story.
Comment by
buckstop on Jan 28, 2021 9:38am
Unfortunately many just jump in without any education or training. I told my son if he can pass the Canadian Securities course exam I will give him $20,000 to start investing. Lol! that was three years ago and he still hasn't passed the exam.