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BlackBerry Limited Message Board

  • bailwl6 Jun 28, 2013 9:14 AM Flag

    I lost everything

    Wow, I am an idiot. Bashradamus, I wish I had believed you. I am going to lose my entire net worth when the bell rings. I never gambled in stock options until recently. I'm 25, been working for 2 years. I had saved $60k in that time (I'm frugal) and only invested in index funds. I then thought index funds were too boring and bought some tesla stock and call options as it was going up and doubled my money -- had a $120k net worth just in May. I then proceded to lose $80k in a week in the recent crash with most of my money lost in SPWR and SCTY stock options. Today I'm going to lose the last $40k --- I had bet it all on $14, $15, and $20 July 20th call options.

    Now I don't know what to do. The reason I'm frugal is that I hate my job and my life. All I want is to have $500k and retire and live on $20k a year. Now that seems decades away :( What should I do? Kill myself?

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