My father in law put a quarter of my savings in to hype stock. I guess I’m just holding on at this point.


Almost a year ago I sat down to assess my savings, with the intent of investing. My girlfriend started telling me how my father in law is a “stock wizard” and how I should let him put a portfolio together for me. Up until this point I had only ever bought VTI due to it being safe (and me knowing next to nothing about the market). Regardless I decided to set aside $10k, had a zoom meeting with him, and ultimately ended up buying the below:

  • BEAM Technologies
  • CRISPR
  • QuantumScape
  • Lucid
  • PayPal

I’ve lost roughly half my money. This is 1,000,000,000% my fault and I do not blame him (to her parent’s credit they are fairly smart and successful people) but I am never taking someone else’s financial advice again. Do you ur own research everyone.


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