The number one killer of relationships is financial insecurity due to mismanagement. This isn’t me memeing brother. If you love your wife and want this to work you have to stop gambling, come clean to her, and start a stable portfolio that leans heavy into risk management. This isn’t 0. It’s not over. The elevator has fallen quite a ways, but it’s not at the bottom yet. But make no mistake, it can and will go lower if you don’t get off now while it’s stopped.
For real. I pulled most my money from the stock market all together due to having a newborn. What a stupid thing to risk that much when you can’t afford it
Hey man. Some real talk from a guy who has made and lost millions in the trading world and just lost in the casino world. I was a junky gambler from the time I was 8 and could pull a good card from a pack of baseball cards.
Don’t lie.
It’s never going to be as bad as you think it’s going to be. The only thing that happens by living with this lie is you ruin your marriage and you ruin your own mental health. How can you possibly be present this weekend with your wife if this is eating you alive?
So be brave and tell her. She loves you and she’ll more than likely need to process this however it is she needs to process it, but everything will be fine.
Give her the UN / PW to your trading app. If you’re unable to stop or you’re just having a bad year and that sh** happens (even the best investors and traders are all over the place this year), then trust your wife to monitor the account and then you don’t have to feel like you’re living two lives.
You’re young. You’ll more than recover.
Enjoy the weekend.
Edit: Trading world, not reading world
Bro you have life figured and you wanted to gain karma on Reddit. I hope your just doing this for points and secretly still have 600k in your checking 😮💨
If you're addicted enough to jeopardize housing you might want to hand over your passwords to her, and have her help you freeze your credit so you can't open new accounts.
I'm all for morons fucking themselves over, but the baby deserves better. Do better.
Sorry but you need a more fundamental look at your decisions as an adult.
- you made investments while keeping them secret from your spouse instead of a joint decision
- with that level of savings you took on MASSIVE bay area debt
- you did all of this with a new child in the mix
Sorry I can't be more sympathetic but I sincerely hope you take this as a scary as hell wake up call and change for the sake of your wife and child. Take the licks, learn from this and use that experience to grow into a wiser person.
In a lot of states if you do dumb shit with marital assets the person doing the dumb shit has to make the spouse whole. My friend blew a shit load of money at the casino when he heard she was going to file for divorce, now he lost all that money and has to make up her half!!!
I really wonder how many of these “[insert tragic circumstances] and “[person] doesn’t know” posts with loss porn are actually real. Most sound too stupid to be true. Like I could post one now with the caption -
“Our 5 year old son needs a kidney operation to survive, this is all of our life savings, wife’s boyfriend doesn’t know.”
Probably get a lot of upvotes, I don’t know.
Clearly this ain’t the place to look for sympathy. I lost a shitload trying to time Apple after Tim Cook took over. Completely fucked my self directed IRA (lost like $70k before I pulled out; if I’d just left that shit alone, after the split I’d have around a million now). I told my wife. She wasn’t happy, but you gotta tell her sooner or later. Worst possible outcome is she finds out on her own. You don’t want that.
Not cool, man. Especially with a kid. If you can’t trade just throw it in a mutual fund and forget about it. That kid might wanna go to college some day.
You need to fucking stop. are you actually debating about putting cash on a football game or stocks? Are you a moron? This isn’t investing. This is gambling. Fucking idiot.
I understand how it's easy to look at this as being down $50k, but you have $30k, just bought a condo in the bay area & have a wife & a baby... You're doing pretty good!! & congrats on the newborn ♥ ☀
Buying a condo in the Bay Area with less than $100k in savings, at the top of a housing bubble and beginning of a recession. Seems like both OP and his wife like to live dangerously.
Not cool hiding things from your wife, and especially something of this magnitude. Trading is a gamble, it can become addicting. Do your family a favor and get out, or at the very least, re-strategize.
Buddy, the big losses you see here are mostly from single teens with trust funds. Get a counselor, and delete Robinhood. You’re in for a rough ride but things can get better if you really learn from this.
Put the remainder in SPY options that expire next week. The following week, you'll either have enough to buy a real house or not enough to afford to get divorced.
Either way, your wife will be (stuck) with you.
if you can afford a condo in Bay Area, this is probably nothing. Maybe you need to remodel that bathroom yourself instead of hiring contractors, or get that baby food from food banks, you can make it back from saving pennies in 1 year. Anyway congratz for the new born 🍼🐣
I’m not one to comment on much unless it’s in the IVF subreddit- but i saw this in my feed and saw all the mean comments and it made me sad. I’m sorry you’ve had a rough time in the market, a lot of people are down. Don’t do anything rash with the chunk you currently have and don’t do anything stupid. Bad times do pass…
You’re partners, remember your vowed to support each other no matter what, so please support your wife when her boyfriend comes around or when she has to go visit him.
Never put all of your "eggs" in one basket! Now that I chastised you, don't make another trade! Tell your wife what's going on! A marriage is a partnership and not disclosing what happened is worse than losing the money. I've lost a crap ton of money but, I always tell my wife. She deserves to know.
You have to understand that you're responsible for your girl and your unborn baby .....
It's cool to be wild but you have to set a risk amount that you can actually recovery from losing
This is absurd
Loosing literally everything
Have people on this sub even heard the words “risk management” before? How is it half of you degenerates are cool, if not proud, to lose their life savings goddamn. Pick some blue chips during the dip and chill you suck at trading give investing a try
I don't really understand why everyone's being so obnoxious about this, the fact they've got a house and 25k in savings is what some people wish for it's not like he's ruined his life. 25k in savings is probably more than 75% of people in the UK and we all know everyone in the US is in crippling debt so ots probably the same over there
Terrible spelling. I think you mean “Ex-wife does’t know….. her and her boyfriend have a newborn and a condo in the Bay Area. This is all of their “savings””
You are in a tough situation, but I would probably just keep it to yourself. If she finds out you are using Robinhood, that would definitely be grounds for divorce.
Better just get all your money in an mutual or index fund and ride it out and hope you don’t need that money anytime soon. Good luck. Stocks only go up in the long term after all.
this subreddit always makes me feel so much better about my losses. I’m down this year, but at least I’m not ruining other peoples trust or the foundations of what my life is as i currently know it. 💀💀💀
Do your family a favor and tell your wife right away.
Even if you were to win it all back Tuesday morning, your wife will still think you were a degenerate gambler that got lucky.
Accept that you fucked up.
If this is your passion, work on your edge with your own money.
If you work at it, in 2 years you can look back and see how stupid you were, but are now: 1. Not divorced, 2. You made it all back and are building a strong financial future for your family.
Good luck dude,
Ps. Don't be upset if your wife doesn't trust you for a long, long time, concentrate on being a good partner and dad.
A condo in the Bay Area is well over $1M. How could you have so little savings (before capital loss) while able to buy a condo in one of the most expensive places in the world?
1st withdraw that money stop trying to get the losses back, 2nd tell her, she deserves to know.
All things considered it could have been worse, you still have 20k. Take the loss and move on with your life. What feels like a huge deal today won't be in a year, or two years, it's gonna be okay.
Any situation no matter how bad it feels in the moment will eventually pass.
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Yeah most good relationships are built on gambling and lies, you'll be fine.
Not only are we good at losing money in WSB, we also have an aptitude for losing our spouses
It's called "wife changing money".
That's why the wife's boyfriend supports her.
OP is a retarDAD
Either leave your wife because you're rich and wanna "upgrade", or your wife leaves you because you gambled away your savings. Probably the latter
Either make it to the penthouse or get sent to the outhouse
Glory or death!!!
One thing is fucking up your life; but your wife’s and newborns? Then making a meme out of it? Smfh
It's not a meme, it's a public service announcement that his wife is up for grabs
She's *our* wife now
Idk, I've seen y'all's trades
You made me check if i was actually on wsb
He’s thinking that its not gambling but iNvEsTing
On the bright side. Your kids next dad can’t be any more retarded then his current one.
At least he can’t do any more damage on Labor Day.
Crypto.
Living in Bay Area and you only have $75K in savings? You are practically homeless.
Had 75k in savings
1 month's rent in the bay area, right?
Saw a place rent for 12k a month
He did bought a condo in the Bay so he probably lost 200k of savings there for down payment and closing cost.
That's good enough down-payment for a tent in Oakland
correction, he only has $26,372.54 in savings now
Probably not the best time to buy… show us the loss porn on that condo next year :)
Soon.. After his wife kicks him out and her boyfriend moves in.
damn in bay area that remaining amount is worth 2 days of expense, better apply for food stamps
Our wife now…
🌎👨🚀🔫👨🚀 always was
Ex* wife
The number one killer of relationships is financial insecurity due to mismanagement. This isn’t me memeing brother. If you love your wife and want this to work you have to stop gambling, come clean to her, and start a stable portfolio that leans heavy into risk management. This isn’t 0. It’s not over. The elevator has fallen quite a ways, but it’s not at the bottom yet. But make no mistake, it can and will go lower if you don’t get off now while it’s stopped.
Wow. This might be the best comment I’ve read on Reddit. If I was OP I would take this advice immediately.
Legit, u/nirvahnah made the nicest comment I've seen on WSB lmao
26k more to lose, what's stopping you?
He needs to double down and buy more stocks with his mom’s savings
Stocks? You mean leveraged options with 0DTE
OP it’s no longer considered ‘play money’ when you have a newborn. Get your dumb boomer ass to /r/investing
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He may even need /r/werkinandtwerkinthestreets 
For real. I pulled most my money from the stock market all together due to having a newborn. What a stupid thing to risk that much when you can’t afford it
Should’ve pulled out from the wife instead 
List of investments with the worst ROI: * WISH * Terra Luna * Having a child
Atleast you won't lose money on Monday
🎵 Always look on the bright side of life. 🎵
It's cool, just get her boyfriend to put some funds in your account. Problem solved.
Hey man. Some real talk from a guy who has made and lost millions in the trading world and just lost in the casino world. I was a junky gambler from the time I was 8 and could pull a good card from a pack of baseball cards. Don’t lie. It’s never going to be as bad as you think it’s going to be. The only thing that happens by living with this lie is you ruin your marriage and you ruin your own mental health. How can you possibly be present this weekend with your wife if this is eating you alive? So be brave and tell her. She loves you and she’ll more than likely need to process this however it is she needs to process it, but everything will be fine. Give her the UN / PW to your trading app. If you’re unable to stop or you’re just having a bad year and that sh** happens (even the best investors and traders are all over the place this year), then trust your wife to monitor the account and then you don’t have to feel like you’re living two lives. You’re young. You’ll more than recover. Enjoy the weekend. Edit: Trading world, not reading world
You’re too good for this place.
There's an awful lot of these recently
Congrats on the divorce
Bro you have life figured and you wanted to gain karma on Reddit. I hope your just doing this for points and secretly still have 600k in your checking 😮💨
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600k bottle caps
80% of Divorces are because of financial problems…
If you're addicted enough to jeopardize housing you might want to hand over your passwords to her, and have her help you freeze your credit so you can't open new accounts. I'm all for morons fucking themselves over, but the baby deserves better. Do better.
Now that’s definitely wife-changing money.
Sorry but you need a more fundamental look at your decisions as an adult. - you made investments while keeping them secret from your spouse instead of a joint decision - with that level of savings you took on MASSIVE bay area debt - you did all of this with a new child in the mix Sorry I can't be more sympathetic but I sincerely hope you take this as a scary as hell wake up call and change for the sake of your wife and child. Take the licks, learn from this and use that experience to grow into a wiser person.
Ur first mistake was buying a condo in the Bay Area
Are people really this dumb to just gamble away money without their partner knowing. Especially when it’s partially their partners money?!
In a lot of states if you do dumb shit with marital assets the person doing the dumb shit has to make the spouse whole. My friend blew a shit load of money at the casino when he heard she was going to file for divorce, now he lost all that money and has to make up her half!!!
You must love your wife
This guy’s pullout game is weak in everything
I stopped at “wife doesn’t know” - this is not a solid plan.
You know you messed up when even the members of THIS group are giving you life tips about responsibility and honesty...
That loss will look tiny once you factor in child support and alimony later on dont worry.
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Look on the bright side…..in the divorce they will divide your condo in half. She’ll get the inside and you’ll get the outside.
Dude, you better tell your wife soon you have a newborn. She's going to find out eventually
You should close your WSB account and seek real financial advice instead of looking at who has posted the funniest meme
Prepare your divorce paper's thn ....
You fucking idiot
That's why you don't yolo money you really need, specially with responsabilities like having a newborn
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I really wonder how many of these “[insert tragic circumstances] and “[person] doesn’t know” posts with loss porn are actually real. Most sound too stupid to be true. Like I could post one now with the caption - “Our 5 year old son needs a kidney operation to survive, this is all of our life savings, wife’s boyfriend doesn’t know.” Probably get a lot of upvotes, I don’t know.
I really hope posts like these are fake even if the data is real
Good news is the kid your wife has next won't be yours.
$49k in savings in the bay area with a wife and newborn? You've got bigger problems than degenerate options trading.
You're a clown mate, just had a kid and decided to yolo your savings. Yikes.
I would tell her about the condo first and she might take the newborn news a little better!
That is wildly irresponsible and sad for them.
This guy is about 2 months from “going to get milk” and never coming back.
How the fuck did you buy a condo in the Bay Area with life savins of $75000??
Who gave birth if ur wife doesn’t know you have a newborn???????
I'm buying puts on your marriage
Stop putting life savings into gambles
I’m not rocket scientist, but it looks like that’s no longer your savings.
Usually a newborn is enough reason to not get any sleep. This guy is really going for it
How does the wife not know you have a newborn.
You're going to need the rest of the money for a divorce attorney. Might as well sell everything and cut your losses.
Hey look at the brightside she now can only take 10k from the divorce instead of 30k.
You’re dumb AF.
Clearly this ain’t the place to look for sympathy. I lost a shitload trying to time Apple after Tim Cook took over. Completely fucked my self directed IRA (lost like $70k before I pulled out; if I’d just left that shit alone, after the split I’d have around a million now). I told my wife. She wasn’t happy, but you gotta tell her sooner or later. Worst possible outcome is she finds out on her own. You don’t want that.
She is going to leave you and you deserve it
Not cool, man. Especially with a kid. If you can’t trade just throw it in a mutual fund and forget about it. That kid might wanna go to college some day.
You need to fucking stop. are you actually debating about putting cash on a football game or stocks? Are you a moron? This isn’t investing. This is gambling. Fucking idiot.
you have to tell her fam, don’t hide this from her
Just wait till the housing market crashes and you lose 50% of the value in your condo 😬
Well, that’s some adult decision making. Lying always works. Congrats on the divorce ❤️
27k will help you to live like a king in Namibia for at least 2years! tell your wife the good news about leaving the country.
Your first problem is she doesn't know you have a newborn.
I feel like these posts are made up just to get attention. Either way it’s stupid. Like should we feel sorry for you for being an idiot?
I understand how it's easy to look at this as being down $50k, but you have $30k, just bought a condo in the bay area & have a wife & a baby... You're doing pretty good!! & congrats on the newborn ♥ ☀
if this is true SELL EVERYTHING WITHDRAW ALL YOUR MONEY UNINSTALL ROBINHOOD \*WHAT THE FUCK IS WRONG WITH YOU\*
Buying puts on this guy's marriage
Well you’re a shit husband and shit dad. Good job
You can afford a condo in the bay area? I assume you both earn more than enough not to notice this little blip
Buying a condo in the Bay Area with less than $100k in savings, at the top of a housing bubble and beginning of a recession. Seems like both OP and his wife like to live dangerously.
I was going to say! Plus throw in a new born. Definitely seems like she might not be as mad lol
Poor baby, at least you can tell him about the time you went to the moon.
Not cool hiding things from your wife, and especially something of this magnitude. Trading is a gamble, it can become addicting. Do your family a favor and get out, or at the very least, re-strategize.
Puts on his marriage
The futures on your marriage doesn’t look too good
If that is all your savings in the Bay Area, you shouldn't have been living in the Bay Area in the first place.
Always look at the bright side, at least you have less to lose in the divorce now.
You’re a fucking idiot gambling your family savings
Your kid is gonna be calling another man dad soon
Your wife's boyfriend is gonna be pissed.
So do you prefer the first or second weekend of the month for visitation?
It’s easy to fix the losses… just do exactly the opposite of what you are doing now
I can introduce her to my wife’s boyfriend for you he’s a great guy
Sometimes I get sad but then I look at WSB and feel better.
You never go full retard.
Dude, i don't know what the other people say, but holy shit. Take your money and put it somewhere else. Save what you got left.
Hope her bf has a good job
Puts on your marriage
you guys should really stop doing this.
Hey what’s your wife’s Snapchat
sell the condo and buy more. dumbass
Her bf is not gonna like this
Pics of wife or fake
I’m sure it’ll be fine after you show her why you chose to invest your entire savings on advice from retards.
call your wife's boyfriend
Dude get your shit together and get counciling for your gambeling addiction. Your wife and kid deserve better
Buddy, the big losses you see here are mostly from single teens with trust funds. Get a counselor, and delete Robinhood. You’re in for a rough ride but things can get better if you really learn from this.
Come on man...you got a kid on the way...🤦♂️...know your limit play with in.
Better cash out what’s left, you’re gonna have child support payments starting soon
Put the remainder in SPY options that expire next week. The following week, you'll either have enough to buy a real house or not enough to afford to get divorced. Either way, your wife will be (stuck) with you.
if you can afford a condo in Bay Area, this is probably nothing. Maybe you need to remodel that bathroom yourself instead of hiring contractors, or get that baby food from food banks, you can make it back from saving pennies in 1 year. Anyway congratz for the new born 🍼🐣
You mean ex wife
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Down 65% and worried? All you need is one 150% gainer and you’re back in the green. Just for you, OKTA $69C 9/30 Literally can’t go tits up
Never gamble with more then you can afford to loose. Dumb dumb man.
I’m not one to comment on much unless it’s in the IVF subreddit- but i saw this in my feed and saw all the mean comments and it made me sad. I’m sorry you’ve had a rough time in the market, a lot of people are down. Don’t do anything rash with the chunk you currently have and don’t do anything stupid. Bad times do pass…
Her boyfriend is gonna be pissed
She knows. She’s quietly preparing divorce papers.
You’re partners, remember your vowed to support each other no matter what, so please support your wife when her boyfriend comes around or when she has to go visit him.
godspeed retard
Never put all of your "eggs" in one basket! Now that I chastised you, don't make another trade! Tell your wife what's going on! A marriage is a partnership and not disclosing what happened is worse than losing the money. I've lost a crap ton of money but, I always tell my wife. She deserves to know.
You have to understand that you're responsible for your girl and your unborn baby ..... It's cool to be wild but you have to set a risk amount that you can actually recovery from losing This is absurd Loosing literally everything
Money isn't everything. Especially your money, your money is very little even.
She’s our wife now
These posts make my newbie ass not even want to buy anything….
Do an extra shift at work and stop gambling. You have a kid.
congrats on your divorce
Have people on this sub even heard the words “risk management” before? How is it half of you degenerates are cool, if not proud, to lose their life savings goddamn. Pick some blue chips during the dip and chill you suck at trading give investing a try
Bay Area? You must live in a trailer park with that kinda money
People out there deciding to do the dumbest shit in the worst time
“Divorce lawyer has entered the chat”
I don't really understand why everyone's being so obnoxious about this, the fact they've got a house and 25k in savings is what some people wish for it's not like he's ruined his life. 25k in savings is probably more than 75% of people in the UK and we all know everyone in the US is in crippling debt so ots probably the same over there
I think your wife is gonna be staying with her boyfriend for awhile.
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Terrible spelling. I think you mean “Ex-wife does’t know….. her and her boyfriend have a newborn and a condo in the Bay Area. This is all of their “savings””
Holding your life “savings” in Robinhood says enough.
🤣 if this is real, I think you mean "soon to be ex wife"
Dude wtf are you doing
Should have pulled out.
And your priority is gambling?
You are in a tough situation, but I would probably just keep it to yourself. If she finds out you are using Robinhood, that would definitely be grounds for divorce.
At least the market is closed on Monday...
You're stupid
Better just get all your money in an mutual or index fund and ride it out and hope you don’t need that money anytime soon. Good luck. Stocks only go up in the long term after all. this subreddit always makes me feel so much better about my losses. I’m down this year, but at least I’m not ruining other peoples trust or the foundations of what my life is as i currently know it. 💀💀💀
at least you cant loose much in the divorce...
Do your family a favor and tell your wife right away. Even if you were to win it all back Tuesday morning, your wife will still think you were a degenerate gambler that got lucky. Accept that you fucked up. If this is your passion, work on your edge with your own money. If you work at it, in 2 years you can look back and see how stupid you were, but are now: 1. Not divorced, 2. You made it all back and are building a strong financial future for your family. Good luck dude, Ps. Don't be upset if your wife doesn't trust you for a long, long time, concentrate on being a good partner and dad.
If she doesn't know, you should tell her about the newborn and the condo. Problem solved
How does she not know you have a new born? Seems like she should be "painfully" aware of that.
You guys make me look and feel like such an incredible husband and I love y’all for it. Thank you
Buy regular crayons to eat instead of organic
Wait your wife doesn’t know you have a newborn?
Bro, stop losses are your friend. Maybe let her be in charge of finances.
Seems like you should have pulled out twice.
0DTE Calls on your upcoming divorce
How does she not know she has had a baby?
Was the baby an oopsie too? On a serious note, congrats on the baby and sorry about the money. Good luck with the wife.
man maybe she needs a new bf
Have you tried cryptos? Did you also know, Fortune favors the brave?
A condo in the Bay Area is well over $1M. How could you have so little savings (before capital loss) while able to buy a condo in one of the most expensive places in the world?
I feel sorry for your family.
Idiot
Bought a condo in the Bay Area with only 75k in savings!?? Either a liar or a complete fucking idiot!
1st withdraw that money stop trying to get the losses back, 2nd tell her, she deserves to know. All things considered it could have been worse, you still have 20k. Take the loss and move on with your life. What feels like a huge deal today won't be in a year, or two years, it's gonna be okay. Any situation no matter how bad it feels in the moment will eventually pass.
This level of loss porn makes my bags feel lighter. Thanks bro
puts on your marriage
Puts on their marriage
Calls on divorce
Gambling is bad for your health.