Home     Links     Contact Us     Bookmark  
 
   Homepage      News      Legal Forum      Dictionary  
Home : Legal Forum : Marriage & Divorce

Help what can i do now,i put all my savings into the stock market and it crashed and i lost everything,how can?
Find answers to your legal question.





Help what can i do now,i put all my savings into the stock market and it crashed and i lost everything,how can?

i start over in life now?I am 32 i had some money saved to go back to college and all my savings i put into the stock market on a tip of a hot stock,i thought it would double and i could buy a nice car and have some financial freedom,but it crashed and i lost it all,i am completely broke ,how can i start over when i feel like dying?I feel very limited in what i can do in life now
I put this here as the investing section are telling me to wait again till the stock market gets better,but i have nothing its already gone!thanks for your advice in advance







Somu
Rating
There was a time when I also became almost broke (not because of investing in stock market but for some other reason, which is anotehr story). My condition was so bad that I had to eat food only once a day and, on some days, I went without food so that I could save money. I will give you some tips from my experience in solving the problem:-

Do you live in your own house? If yes, then give some part of the house on rent. If you live on rent, then see if you can move to another house where rent is lower. For this, you may need to go to a house, which is smaller or which is in less developed area, but that is ok.

Make a habit of writing all your expenses and from time to time reivew your expenses. This will help you see if you are spending on anything unnecessary. Spend only on what is really needed and don't indulge in any unnecessary things - no matter how much you enjoy those.

Stop eating outside food as that is very costly. Cook at home. Even if you do not know how to cook, then also cook whatever you can - even if it is some simple food. With practice, you will learn to cook better.

See if anything you have, which you do not need and which can be solved, example, some furniture. Sell those.

Yes stock market may again go up but you do not know when exactly it will go up. So take out some amount so that you can take care of your finances currently. Keep money in bank and, as I said, spend only what is really needed. Keep minimum amount at home and keep the rest in bank, because money at home tempts one to spend.

No matter what happens, do not go for credit cards and do not take any loans.

Are you having any job? If not search for a job immediately.

See if you can do some work form home to supplement your income, such as, conducting tuition classes.

All the best!
___________.


F-bomb
Just get over it and go back to your fry station.


mazemasterigc
Take this a life lesson. You took a gamble and lost. That is what the stock market is after all. A gamble. Start fresh and build back up your savings. Get a job if you don't already have one, learn some budgeting strategies, keep your plans in steps as you save, and don't take an easy way out unless you are 100% sure it is a good bet.







Legal Discussion Forum

 I just don't understand?
IF you love someone, will you miss them regardless? My partner is being deployed across the country for 5-days... He says he doesn't tend to miss anything when he's still in contact... (...


 does it show disrespect when your husband of 11yrs freaks out if i touch his phone,papers,or move ANYTHING?
it never was this bad. its all his stuff? and he keeps company with woman "as friends" and keeps things from me?? i dealt with his constant digging threw my things and don't blow up if ...


 LADIES! If you were in a coma would you prefer your husband sleep with your unconscious body or another woman?
LADIES!

Let's say you are happily married...have an accident...and fall into a coma...days pass...months pass...YEARS pass...your lifeless body is on Life Support with no sign of a ...


 have you ever been cheated on how you found out?
...


 How would you feel if....?
you daughter was traveling around the country with her fiance also 19..they are jobless, homeless and they are happy as can be traveling the world with backpacks and 1 sleeping bag.. it KILLS me to ...


 Why is it that every guy i ever dated or had feelings for was German?
im not saying it's a bad thing! i just find it kinda weird. i dont look for German guys, i dont necessarily prefer them or anything. but i think back on the guys ive been involved with, and they ...


 my partner has anger issues, How do I deal with this?
She is not physically violent towards me but will explode into bouts of anger, screaming at me and slamming doors. How do I talk to her and ask her to get anger managment help without making her ...


 Do men 40+ like to date attractive 50-somethings or do they go for 20-somethings?
...


 Parents Splitting up, Im 14 need some help...?
I'm 14 and today my mom and dad told me that he was going to be leaving somewhere away from my mom to think about there relationship(this was a complete surprise to me, the only sign i had of ...


 My family wants to move to Texas, but I don't.?
My sister lives in Texas and the rest of my family wants to go, but I don't. I feel there is nothing there for me there . (I live in Seattle).

But my family wants to stay together, ...


 What do you do if you are still in love with your ex..,?
But your ex has moved on with a new girl friend..
And it's been 6 months since you two have broken up..
And this is making your life miserable.....


 How do I convince my mom to let me stay home while she is on vacation?
it's spring break and she won't let me stay home instead she's sending me miles away at me aunts house:(
she's doing this because she thinks there's a guy.. which is ...


 What if i reject womanhood?
I refuse to have anything to do with them any more....


 Ladies/Men: Should Welfare be abolished ?
The country is almost bankrupt, times are very hard, many working people are barely making and Social Security is almost bankrupt !
I don't see where it's my responsibility to be ...


 should i be worried about this?
me and my boyfriend are hanging out and he has to "go check his laundry" and then he "calls his baby mama" when he does this. He does this more than once, and in the past he has ...


 Do mistresses buy their men who they're cheating with gifts?
...


 Men: If you had a choice between saving your wife or mother if your car plunged into a...?
...river, who would you save ?
I know a man who actually had to make this decison when he fell asleep at the wheel and found himself in a river. He saved his wife and child, couldnt save his ...


 Is it normal to look upon relationships as just a bunch of grief?
That is best avoided and from whats on the market women wise is leaves a man motivation less....


 Serious answers - serious situation?
It all started around the time that me and him started dating. He would flirt with numerous girls and has cheated on me once with a random girl and once with his ex girlfriend behind my back. It has ...


 Is it wrong for a woman to hit a man back in selfdense? ?
...




Copyright (c) 2009-2013 Wiki Law 3k Thursday, June 20, 2013 - Trusted legal information for you.
Archive: Forum  |  Forum  |  Forum  |  Links
0.134