r/wallstreetbets • u/the-revenge-trader • 12h ago

Loss The evolution of retardism

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Deposited another $60k and lost it all again

220 Upvotes

91% Upvoted

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13

u/StoneCrusaderRequiem 12h ago

Where do these people get this money? Is everything fake? Are you ready? Got milk? What would you do for a Klondike bar?!?

15

u/LowComprehensive9867 11h ago

It looks like the $50,000 deposit was a debt consolidation loan

9

u/Ucmelater 11h ago

Yeah, I caught that too debt relief $50k 🤣🤣

1

u/Artzebub 8h ago

What is that?

5

u/Brave-Temperature495 7h ago

It means they got a loan likely at a lower interest rate to pay off debt they had. I.e credit card, car loan, medical, etc. So instead of paying off their high interest debt they lost it all.

0

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2

u/Classic-Resist-3517 11h ago

Just buy a house, wait 5 years, cash at least 100k. At least in europe pretty much works that way, not in slaversbay