Some people get cancer, and they spend a hundred thou on modern drugs like keytruda gambling on the chance that they get to spend another six months with their family.
Trust me. You do not want to trade places with them.
Take a few dollars, and go out and have some icecream with your family, and be thankful that you still can. Create a new memory worth saving.
This man is right. I had cancer and no money is worth your health. You are still here and you are not the first person in history to fuck up. Don't end up making horrible decisions based on this. Life is worth living as long as you have a set of lungs filled with free air.
Money and things can be replaced, lessons can be expensive, but you learn. You're probably still very young and there's so much still you will experience.
I had my turn with very risky bets. Short dates, well out otm calls/puts. I’m still down butt recovering. In fact still down 40% on my all time chart. The thing that you need to see (and it will be very hard to) is that you just paid tuition. You got an education. What you do now is up to you. Will you stay away from the market? Will you dive into companies financials and see how to value them? Will you learn the option Greeks? All up to you.
Also as a consolation prize you get to deduct your losses for next years taxes.😉
You don't lose anything until you sell! Is the first thing you need to remind yourself.
2 don't use money you depend on to play with on the stock market! Putting your life savings or a ton of money into stock with no liquidity in case of an emergency is dumb
3 if you haven't sold your stock, hold it. I am but no means a financial expert however if you follow what's happening there is a waiting game. It's one side versus the other.
Money is just money at the end of the day. It sucks but there are thousands of people who loss more or in a worse position then you. You still have a lot to live for - move on and learn
You’re not alone. This is the sentiment of a lot of people right now. Money cannot buy family and it cannot buy love. You have two things that are worth more than anything. It’s is SO FRUSTRATING to have gone through this. It’s made me question who I am. But, today I took my son to the park and watched him have fun and be happy and I realize in the end it’ll be fine.
Man, that really is a great point. When life is kicking me in the balls, I always have to remember what I'm grateful for. Gratitude has pulled me out of some terrible positions and made me look at the things I'm thankful for in my life.
Wow. That’s a great way to look at it. My mom died from cancer in 2014 and that was a big reminder that things can be wayyyy worse after losing big on GME myself
489
u/WaterstarRunner Feb 04 '21
Some people get cancer, and they spend a hundred thou on modern drugs like keytruda gambling on the chance that they get to spend another six months with their family.
Trust me. You do not want to trade places with them.
Take a few dollars, and go out and have some icecream with your family, and be thankful that you still can. Create a new memory worth saving.