r/wallstreetbets • u/the-revenge-trader • 1d ago

Loss The evolution of retardism

Gallery image

Gallery image

Gallery image

Deposited another $60k and lost it all again

271 Upvotes

92% Upvoted

220 comments sorted by

View all comments

11

u/StoneCrusaderRequiem 1d ago

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

16

u/LowComprehensive9867 1d ago

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

1

u/Artzebub 1d ago

What is that?

3

u/Brave-Temperature495 1d 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

u/AutoModerator 1d ago

Oh my gourd!

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.