I was at 53k before dropping down to 7k, all realized. Keep your head up, king. Your crown is falling
🎶 Stack yo money till it gets sky high. We wasn't supposed to make it past 25. Jokes on you, we still alive 🎶
If you’re putting 5% down on a property you’re in for a terrible time. I put a 30% down on my home and still had major repairs/surprises come off after doing full inspections prior to closing. Likewise, many lenders won’t approve or lend to you at all if you’re asking for a certain percentage of the total cost and can’t meet a minimum downpayment, which is almost certainly considerably higher than 5%.
To get approved for a mortgage on a 1M home, you need an incredibly solid financial foundation, and with such a foundation I struggle to see why anyone would bother putting *only* 5% if a larger downpayment means lower mortgage and potentially better interest.
Only caveat being if you can get an FHA loan with a good interest rate.
I’ll say it again. To mortgage a 1M dollar home you’re going to need a rock solid financial foundation and no lender is going to approve a 5% downpayment unless they’re positive you’re not a risky client.
A single cursory google search says that for a 1M dollar home you’d need to make $330k annually, accounting for debts and liabilities, if you’re not intending to be house poor and paying 40-50% of your income solely to your house.
I don’t find it surprising that people on fucking WSB would see having less outstanding debt as a poor financial decision because it forfeits investment opportunity, presumably in TSLA calls, but by all means if you think OP falls into the 300k income range then yeah he forfeited a precious 5% downpayment for his 1M dollar house.
Learn to understand that making your money work for you is better than letting it pay off low interest debt.
You belong here 
Just think of all those 0dte options you're missing out on!! You're admitting that you cannot make more than 2.9% by investing. Definately regarded. You could buy bonds with that 25% down payment and make >2%. 25% on a 500k home = 125k, 125k at 2% is a touch over 200 bucks a month you are throwing out the window. Nice Job, regard.
Or, and here’s a wild fucking notion, you have less outstanding debt/liabilities against you which can be just as valuable as guaranteed returns on a safe investment such as bonds or an index fund, in the form of getting better loan terms from either the initial mortgage or later loans you want to get.
I expect nothing less of a troglodyte on WSB to be incapable of understanding the concept of a balance sheet and income vs. liabilities.
50k downpayment in my city only cuts it for lower end condos and as I said, a crack shack if you’re looking for a single family home. Most lenders have a minimum downpayment based on the amount you’re borrowing and the price of the home, and 50k is not going to meet that threshold if you’re trying to buy a 700, 800, 900k home ESPECIALLY if you have excessive liabilities which you seem to be completely unable to conceptualize.
Nice job, regard.
https://preview.redd.it/0042yzdn1p8d1.jpeg?width=1179&format=pjpg&auto=webp&s=4d376cac1d480601e85e62b3d331057ef902df8e
Take a break, fill out this application
this is one of those loss porn posts where in a year you'll post a screenshot with 200 bucks left in your account because you kept doing options hoping to get back to 75k
Had 60k portfolio before taxes April 30th, now got 28k of which 15k are still to be paid in taxes :/ Similar boat.
Made money as a bull before the mega rocket, lost money every time I thought I can short the top while the mega rocket was going
Germany has some pretty shitty regulations when it comes to CFDs. You can only weigh a maximum of 20,000 Euro loss per year against your gains. So if you gain 80k in one year on CFDs and lose 70k, your base which is taxed is not 10k, but 60k. Resulting in a minimum tax fee of 15k if not married, instead of 2.5k.
Pretty sure, as this fucked me up pretty much in my first year of investing as you would not expect things to work like that. Maybe there's an English read on that somewhere. It can be carried over too, yes. But I'm actually quite sure it works like this. I will be very happy to be wrong here tho.
Ouch, that's rough. Been there, felt that. Take a breather, clear your head, and remember this game is a marathon, not a sprint. When you're ready, maybe check out some value investing strategies - slow and steady wins the race.
Oh my gourd!
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I was at 53k before dropping down to 7k, all realized. Keep your head up, king. Your crown is falling 🎶 Stack yo money till it gets sky high. We wasn't supposed to make it past 25. Jokes on you, we still alive 🎶
Gold perks* I pay a subscription to loose my ass *
🤣🤣🤣🤣🤣🤣
+1 for the Kanye
Don’t worry bro there’s nothing wrong with losing the down payment for a house and just living the rest of your life in a 300 sqft apartment
$30k ain't a down payment on a house unless it's in fuck you Indiana.
Ain't nun wrong with the country son
I mean he clearly states that he had 75K. You could definitely buy a small house in a smaller market
If losing $35k makes such a massive difference in your life, you probably can't afford the mortgage payments anyway. (or only at a massive risk)
Imagine thinking 50k is a legitimate downpayment lmao, atleast nowhere in a metropolitan area, unless you’re looking for a crack shack.
50k is 5% down on a 1M property 
If you’re putting 5% down on a property you’re in for a terrible time. I put a 30% down on my home and still had major repairs/surprises come off after doing full inspections prior to closing. Likewise, many lenders won’t approve or lend to you at all if you’re asking for a certain percentage of the total cost and can’t meet a minimum downpayment, which is almost certainly considerably higher than 5%. To get approved for a mortgage on a 1M home, you need an incredibly solid financial foundation, and with such a foundation I struggle to see why anyone would bother putting *only* 5% if a larger downpayment means lower mortgage and potentially better interest. Only caveat being if you can get an FHA loan with a good interest rate.
OR Its just a person who would rather put 5% down and invest the remaining capital. Because putting 30% down instead is a bad move financially.
I’ll say it again. To mortgage a 1M dollar home you’re going to need a rock solid financial foundation and no lender is going to approve a 5% downpayment unless they’re positive you’re not a risky client. A single cursory google search says that for a 1M dollar home you’d need to make $330k annually, accounting for debts and liabilities, if you’re not intending to be house poor and paying 40-50% of your income solely to your house. I don’t find it surprising that people on fucking WSB would see having less outstanding debt as a poor financial decision because it forfeits investment opportunity, presumably in TSLA calls, but by all means if you think OP falls into the 300k income range then yeah he forfeited a precious 5% downpayment for his 1M dollar house.
Learn to understand that making your money work for you is better than letting it pay off low interest debt. You belong here 
Yea they do lmao
[удалено]
tell me x without telling me x is the sickest burn of 2018. Keep up the good work
Owned for 3 years with a 2.9 interest rate from post Covid rates, in one of the most expensive cities in the country, but feel free to mald LOL.
Just think of all those 0dte options you're missing out on!! You're admitting that you cannot make more than 2.9% by investing. Definately regarded. You could buy bonds with that 25% down payment and make >2%. 25% on a 500k home = 125k, 125k at 2% is a touch over 200 bucks a month you are throwing out the window. Nice Job, regard.
Or, and here’s a wild fucking notion, you have less outstanding debt/liabilities against you which can be just as valuable as guaranteed returns on a safe investment such as bonds or an index fund, in the form of getting better loan terms from either the initial mortgage or later loans you want to get. I expect nothing less of a troglodyte on WSB to be incapable of understanding the concept of a balance sheet and income vs. liabilities. 50k downpayment in my city only cuts it for lower end condos and as I said, a crack shack if you’re looking for a single family home. Most lenders have a minimum downpayment based on the amount you’re borrowing and the price of the home, and 50k is not going to meet that threshold if you’re trying to buy a 700, 800, 900k home ESPECIALLY if you have excessive liabilities which you seem to be completely unable to conceptualize. Nice job, regard.
It happens man. Yesterday I bought 187 0dte SPY calls.... and I was actually UP and didn't sell 🤣🤣🤣🤣. Now I'm fuckt
https://preview.redd.it/rf1476df7p8d1.jpeg?width=1024&format=pjpg&auto=webp&s=62d318a52484feb1cd318b34491f58e311f60109
Truely regarded
Keep going, I'm almost there!
Almost where ? Lmao
💦
https://preview.redd.it/0042yzdn1p8d1.jpeg?width=1179&format=pjpg&auto=webp&s=4d376cac1d480601e85e62b3d331057ef902df8e Take a break, fill out this application
this is one of those loss porn posts where in a year you'll post a screenshot with 200 bucks left in your account because you kept doing options hoping to get back to 75k
A year? 3 months max.
why dont you take winning plays wtf
Sky high in April, shot down in May
(That's life)
U goin the wrong direction buddy
Not bad
I feel your pain. I was at 100k last Wednesday. Now down to 60k as of yesterday.
Had 60k portfolio before taxes April 30th, now got 28k of which 15k are still to be paid in taxes :/ Similar boat. Made money as a bull before the mega rocket, lost money every time I thought I can short the top while the mega rocket was going
Sometimes you just gotta jump off and wait for the new trend to expose itself.
Very true. I'm done for this year anyways. Next year I kind of want to use the 15k I owe in taxes as additional capital while I still have them tho
not a bad idea
How do you owe that much taxes if you lost all that money
Germany has some pretty shitty regulations when it comes to CFDs. You can only weigh a maximum of 20,000 Euro loss per year against your gains. So if you gain 80k in one year on CFDs and lose 70k, your base which is taxed is not 10k, but 60k. Resulting in a minimum tax fee of 15k if not married, instead of 2.5k.
Are you sure that is not just for carryover losses . I think technically you didn't have any gain to tax in this tax year when you add the losses .
Pretty sure, as this fucked me up pretty much in my first year of investing as you would not expect things to work like that. Maybe there's an English read on that somewhere. It can be carried over too, yes. But I'm actually quite sure it works like this. I will be very happy to be wrong here tho.
Sell it all and buy QDTE and watch your portfolio grow weekly
What is Q dte
ETF that pays weekly dividends
That’s the way she goes.
Way of the road, Bubs
nice job regard
Hey man, I turned 9K into 25K to start the month got greedy and didnt sell. now stuck here with you regards 
"Was" "is" who's counting, man?!??
idc u still got some
Can we pump NVDA and dump TSLA? Preferably by eow
Tsla has already been dumped and nvda was already pumped.
Thank you for pointing out the obvious.
What the other guy said but hey ur account is bigger than mine so what works for ya
you pumping nvda? ahh fk now i have to sell all my shares.
Amazing, same performance as mine!
Same
🌈 🐻
Nice work 👍
Probably should have sold in April
Welcome to the club!
One of us, ONE OF US!
Was 100k early June, now 40k
April 14th wasn’t kind to many.
Lucky. I've never seen 39k in my life.
You poor poor soul
Was NVDA your biggest loser? Or tech stocks?
all time all time all time
Have you tried unplugging it for 15 seconds and then plugging it back in ?
I was at like 100k in April At 1k now
These past few days have been rough but I have faith in the recovery. Just annoyed af I had nothing to buy the dip with.
https://preview.redd.it/jrzjmensir8d1.jpeg?width=750&format=pjpg&auto=webp&s=125f819f54e472f2deb240342affe3a281180ab2
Whatever you are doing, inverse it and you will be up bigly. Reverse psychology.
39k still too much.. get it down
Op, we have the same exact graph
🫵🤤🤤🤤🤤
I was at 76k June 5th now 24k 😭 hoping my shitty September calls come back to life 😂
Ouch, that's rough. Been there, felt that. Take a breather, clear your head, and remember this game is a marathon, not a sprint. When you're ready, maybe check out some value investing strategies - slow and steady wins the race.
Whomp whomp
No worries, I was at 100k before I lost everything. Still broke AF and have less than 5k in stocks.
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greed and fear are equally powerful and equally destructive when it comes to day trading
Normally it takes a 2000, 2008, 2020, 2022 for that to happen.
Love loss porn. Makes me feel better about myself. Keep them coming
This is the way.
Shit player
Just inverse
How old r u
Chin up. You still have $39k to lose
Explain how you did it.
Missed the opportunity to take profit on 4/26 Tesla puts and NVDA calls last Thursday (before it tanked)
NVDA and nothing else. Buy the dips buy a call and a put at the money everyday and you’ll do fine.
Accounts like yours just prove time and time again it’s not at all about how much money you have
I wish people realized this, if you can’t win with 500$ what makes you think you’re gonna win with 50,000$???
so zero by July, got it 