stonks-down

  • D61 [any]@hexbear.net
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    16 days ago

    ‘He started to become hostile towards me when I started dating so I asked him to move out’

    A few years ago, my best friend of over a decade (also my financial adviser and roommate at the time) convinced me that I should take $175,000 equity out of my property and invest it in the stock market. He was a broker and he showed me charts about how much money I could make long term. I applied but did not qualify for a home-equity loan due to my low income.

    Oof… that gets bad right from the jump.

  • infuziSporg [e/em/eir]@hexbear.net
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    15 days ago

    He was a broker and he showed me charts about how much money I could make long term. I applied but did not qualify for a home-equity loan due to my low income.

    He makes 125,000 a year

    This tells a story of a guy who roped his poorer friend into signing all of her wealth over to an instrument he controlled, and then yanked it away from her when she dated someone else.

    “Tenant” is a stretch.