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HUMOR
How I Lost $100k In The Stock Market
I have a lot of regrets
Growing up, I knew that I was going to be rich.
I earned $120k in passive income aged 12 by selling lemonade at marathon finish lines. Thankfully, athletes who had just finished an exhausting run had little choice but to put up with my price gouging. So, it was very profitable.
But despite a lot of entrepreneurial success growing up, I haven’t been so lucky in recent months. During the recent stock market crash, I lost more than $100,000 due to a series of dumb mistakes.
Here they are:
I Purchased Stocks At All-Time Highs
Here’s a visual diagram showing the exact point where I purchased $60,000 worth of Netflix stock:
The value of my Netflix stock has decreased 73% since October 2021. Therefore, I lost more than $43,000 from that decision because I purchased Netflix stock when prices were at all-time highs.
