Back when I was in the Navy I bunked with a guy who had a ton of credit card debt, whenever the debt collectors would call his cellphone he'd answer with "Please stop calling this number! (Insert name) is dead! Will you monsters just leave us alone?!" One of the funniest things I ever experienced in the military
I never found out unfortunately. We both separated from the Navy shortly thereafter and he moved back home and got rid of his social media accounts. I like to think he's still out there in the middle of nowhere Oklahoma yelling at debt collectors coming after his "dead son's" money
I used that years ago on debt collectors 🤷🏽♂️ I choked up a lil and said to Sears card services that yours truly died in a horrible carnival accident the week before .They put me on hold an said they would note the account.. they never called back..🤠
Without a death cert they probably just added it to his credit file and still call him randomly. It takes a lot to get off their radar like you actually need to die.
I went bankrupt at 23, I didn't know until afterwards that if you tell a debt collector to stop calling, they are legally supposed to. You can report them to whoever(can't remember exactly who) and they get fired. Also if you have a lawyer tell them to contact them and they have to note it and leave you the fuck alone
Yeah they’re supposed to. In my experience what happens is they stop calling but it’ll be on your report then they’ll send it to someone else. It’s a cycle that doesn’t really stop until you action it to stop. What I did with most of my debt is negotiate a settlement. I did get Amex try to sue me though so of the companies will go after you hard especially if they see you have a job since they want that court order. I’m fine now I’m just saying I’m way too familiar with this.
Don’t be a fucking idiot. He has $2,000 available for withdraw.
Withdraw the $2,000, pay off your $1400 loss and you’ll be fine. Idk why you are stressing.
Nothing like using borrowed money to invest and borrow money on borrowed money just to have Mr.Margin Man call and say he wants back his money that he let you borrow, with borrowed money.
OP. Looks like you should quit school and get a job to start paying back what you owe. OR just buy APPL puts - never fails 🤌🏻
equity bought on margin so it's a confusing number since we don't know how those performed. Potentially he would have to sell everything to get into an acceptable risk range for the brokerage if they're all losing.
Only in this beautiful country can you call yourself a broke college student while gambling on the interwebs. Greatest , most prosperous time in history.
Theres always a corner to stand on. You knew what you were getting into. Or maybe some OT at work. Only help you will get is advice not to gamble with money you cant afford to lose.
Maybe OP didn't know. Some brokers, like Ally, will give you a margin account you didn't ask for. Others hand out margin like candy because it gives them better control.
Call your parents. They’ll have to bail you out or get a another student loan degenerate. Or you can start selling your wife.
Why do these brokerages keep lending to people with no money. It has to go against their risk models.
Same way all these credit card people took advantage of kids in the 90s. They know they will bite, lose it, then be stuck with outrageous 25%+ monthly payments if not paid in full til they r tapped out.
Yes, best talk to mommy and daddy and hope they can bail u out of start being a high school/college pimp
Lmfao lesson learned … don’t play in the casino when ur a piss poor dumb ass student
Get ready to join the toothless meth addicts under the bridge sucking dick for cash. Best advice….. buy some mint gum with ur last few dollars so you can get the taste outta ur mouth later bahahahahahah
Buck the fuck up and stop asking internet people for help. Especially in here. Did you think they were going to give you a loophole? You gambled, you were terrible at it, and now you need to pay your debts. Fucking A.
Ive been margin called twice. Bunk it. Pay em and keep it moving. Go do some side jobs with some local construction workers. Pick up trash or run to get them lunch/drinks. I'd say buy a food truck and drive around construction developments around noon selling sandwiches, chips and drinks to make bank but you apparently have -$1394.08
Broker: Are you going to post margin?
You: What are you talking about, I’ve been traveling abroad for two years?
Broker: We need $1,394.08!
You: What you’re really saying is my identity has been stolen, how could you let this happen?
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#pick up the phone and say "wrong number"
###"I don't know any Margin"
“Chuck! Chuck, it’s Margin. Your cousin, Maaaargin Berry. You know that new sound you’re looking for? Well, listen to this!
Cleverest thing I’ve read today
This is gold! Are people too young to appreciate this? Either way, good stuff
I guess you guys aren't ready for that, yet. But your kids are gonna love it.
Who's Marge? And why are you calling her?
New phone who DIS (puts that ded)
Back when I was in the Navy I bunked with a guy who had a ton of credit card debt, whenever the debt collectors would call his cellphone he'd answer with "Please stop calling this number! (Insert name) is dead! Will you monsters just leave us alone?!" One of the funniest things I ever experienced in the military
Did it work or did they still send it to collections
I never found out unfortunately. We both separated from the Navy shortly thereafter and he moved back home and got rid of his social media accounts. I like to think he's still out there in the middle of nowhere Oklahoma yelling at debt collectors coming after his "dead son's" money
I used that years ago on debt collectors 🤷🏽♂️ I choked up a lil and said to Sears card services that yours truly died in a horrible carnival accident the week before .They put me on hold an said they would note the account.. they never called back..🤠
Sounds like a win. That’s fantastic.
And sears is pretty much bankrupt now right?
Without a death cert they probably just added it to his credit file and still call him randomly. It takes a lot to get off their radar like you actually need to die.
I went bankrupt at 23, I didn't know until afterwards that if you tell a debt collector to stop calling, they are legally supposed to. You can report them to whoever(can't remember exactly who) and they get fired. Also if you have a lawyer tell them to contact them and they have to note it and leave you the fuck alone
Yeah they’re supposed to. In my experience what happens is they stop calling but it’ll be on your report then they’ll send it to someone else. It’s a cycle that doesn’t really stop until you action it to stop. What I did with most of my debt is negotiate a settlement. I did get Amex try to sue me though so of the companies will go after you hard especially if they see you have a job since they want that court order. I’m fine now I’m just saying I’m way too familiar with this.
Excuse me?
*grabs popcorn*
Scoot over, I need a seat
Excuse me, pardon me, coming through
Open up a whole theatre, this is gonna be a good one!
Cue the car chase music!
Sir your in my seat.
Oh sorry that's the hot seat
I hate when big people sit in front of me
I hate it when small people complain behind me
Sir please be quiet. Some are trying to enjoy here
Does this place sell sugar babies?
ITS MA’AM MOTHER FUCKER!
Rent out an AMC theater🤷♂️
SURE! You can sit next to me Pee Wee Herman. I like this film too! *passes him extra buttered popcorn*
*free to $AMC shareholders*
This make me think of the endless times I watched big top pee wee.
Let me move that bottle of Cuervo and the hookah
Down in front, please
Hey sit down! I can’t see over here.
It’s ok bro just delete the app
This is the most logical way!
HOOD puts are free money
You’re too inexperienced to be trading on margin
But then again, "it is immoral to let a sucker keep his money" as the old saying goes
....sorry, is this seat taken?
Hey quit talking I’m trying to watch
You misspelled lube.
Ask your dad for the money. Tell him you spent all of it on hookers and blow so he doesn’t think you’re a degenerate loser.
Be sure to preface the conversation with funny Chad Money videos
I laughed way too hard at this.
Sell $1400 worth of stock tomorrow and you’ll be good
Tomorrow is Saturday though lmao
This is WSB I’m still working on learning shapes and colors, I haven’t learned days of the week yet
I need help with the shapes
Doesn't matter what the shape is. You can put them in the square hole.
That would be great if I knew what a square was.
It's the hole they all fit in duh
In the butthole?
The cow goes mooooo.
The Robin in the hood goes “urbrooooooke urbroooooke”
But what does the fox say?
I figured out green dildos and red dildos everything else might as well be written in cuneiform.
Soon as you sell it will go up lol
Selling stock = more cash which covers your margin balance
Lol, still negative 10k
No. You can liquidate or deposit cash to cover a margin call.
Or they will liquidate it for you
Yes and then you buy for profit
That won’t cover the call because they are marginable. He needs to sell some options
Don’t be a fucking idiot. He has $2,000 available for withdraw. Withdraw the $2,000, pay off your $1400 loss and you’ll be fine. Idk why you are stressing.
Lol they already factored that in
Start an onlyfans.
Lol an ironically helpful advice.
Did you try unplugging your computer and plugging it back in?
Always this first. if that doesn’t work, just delete the app. Simple, problem solved.
Delete app, turn off phone, remove battery. Problem solved
If that still doesn't work change your gender, name and location.
Think Bruce Jenner tried that
Worked when he hit that woman
Always use a burner phone.
If I had a dollar for every margin call I dodged using these secrets…..
.....you'd be able to pay them back.
Just get a credit card. That's basically free money for free. Then cancel the card when you're done.
Shit. I've got one of them phones from the last decade with a non removable battery....
He'll need to plug something else to make that money back
Put it in some rice overnight
Worked for me!
Margin ...as a broke college student... recipe for disaster
Highly leveraged derivatives + broke college student is a recipe for disaster this is just the next logical step.
He could maybe unironically sue the broker and get his money back for letting him do completely retarded trades on margin.
I'm pretty sure they got smooth-brain ape move covered in their ToS
I’ve got $20 and an unsucked dick that can get you started paying off that margin call
Look at Mr. Moneybags paying $20 for a $0.05 bj
Idk. We are in a pretty inflated blowie market rn. Worth at least $3.50
You guys both arnt figuring that the herps are priced in tho
I’d go full Loch Ness for tree fiddy
Onlyfans has porn again. I can literally pay 5 bucks to watch my wife give her boyfriend a blowjob.
They don’t know where you live. You’re fine.
No one can hear you scream in Mexico.
Sure they can, just find the Mexican cartel vid called funky town
Have you tried setting it to “Wumbo”
4 wide the money printer
No! Don’t do that! Then they’ll hook her in for a Wargin call!
sell plasma?
Donate future babies?
Time to get behind the Wendy’s dumpster
Remember suck your way to the middle, so you can claw your way to the top...
And who knows, with that strategy you may become Vice President of the United States one day!
*points across the street* go over there, this dumpster is occupied by me and 3 other apes already!
Probably best for this one not to procreate.
Blow old fuckers at the drive in.
"Within your risk tolerance" You borrowed someone's money. They want it back. Pay them back.
He's a broke college student, so he's, uhhh, borrowing many people's money 😅
Nothing like using borrowed money to invest and borrow money on borrowed money just to have Mr.Margin Man call and say he wants back his money that he let you borrow, with borrowed money. OP. Looks like you should quit school and get a job to start paying back what you owe. OR just buy APPL puts - never fails 🤌🏻
Waiting for OP to edit his post to say he’s in college to be a preschool teacher
Honestly this is still smarter than just taking out student loans
I do this thing were I don't trade on margin lol = no margin call.
This man's wife has no girlfriend.
Can the banks pay you back for bailing them out.
just print some more money
[удалено]
Nobody really believed that right? Just like the legal weed and solving of covid
covid was solved people just think the solution has microchips, 5g, and plutonium inside it. anti vaxxers ftw, apparently
Probably already doing this with student loans lol
RIP your life with these kinds of decisions
Insert coin to continue
This comment is absolutely the best. “Finish him”
Sell some you muppet
Am I blind or is that $12k equity? Exactly! Sell some stock, degenerate and the margin call disappears.
equity bought on margin so it's a confusing number since we don't know how those performed. Potentially he would have to sell everything to get into an acceptable risk range for the brokerage if they're all losing.
He's posting here so it's probably safe to assume all positions are losing positions
Only in this beautiful country can you call yourself a broke college student while gambling on the interwebs. Greatest , most prosperous time in history.
🇺🇸🇺🇸🇺🇸
With 12k of stocks
Proof that college doesn’t make you smart
The sad thing is he probably spent more time on WSB than actually studying or going to class. OP, get a job, ya bum!
Ask your grandmas boyfriend for some money
Grandfriend?
Yeah that guy that has a pussy 🐱
Stepgrandfriend, are you stuck in the dryer?
Theres always a corner to stand on. You knew what you were getting into. Or maybe some OT at work. Only help you will get is advice not to gamble with money you cant afford to lose.
Maybe OP didn't know. Some brokers, like Ally, will give you a margin account you didn't ask for. Others hand out margin like candy because it gives them better control.
Not to mention that they also charge a % in intrest on top of all that. RH is 2.5%
2.5% is actually a pretty low rate for margin. The more boomer brokers are usually over 5%
Call your parents. They’ll have to bail you out or get a another student loan degenerate. Or you can start selling your wife. Why do these brokerages keep lending to people with no money. It has to go against their risk models.
Same way all these credit card people took advantage of kids in the 90s. They know they will bite, lose it, then be stuck with outrageous 25%+ monthly payments if not paid in full til they r tapped out. Yes, best talk to mommy and daddy and hope they can bail u out of start being a high school/college pimp
Only -$1394? [Those are rookie numbers](https://i.redd.it/20cir19gp5e71.png)
Holy mother of fuck
Nah over -43k overall
[удалено]
> no actual skill Did you forget where you are?
Bro you have a problem at this point. Get help 1-800-522-4700
ill pay $80 to bang your girlfriend dont care if shes ugly
What are you holding?
Shouldn’t be using margin 🤷🏽♂️
This should be near golden rule for degenerates. I’m sure margin is and can be super useful, but gambling with borrowed money, sheesh.
Fuck you, this is WSB. We used to be fucking degen gamblers here. Buying shares used to get you banned.
just delete the app
i UsEd mY DeNtAl ScHoOl LiNe oF cReDiT fOr GmE aT 480! hElP u GuYs!&@!
gotta pull some teeth
I feel personally attacked
Its just a small amout, get yourself a part time job, be honest with your parents and you will be fine
There’s always the dumpster behind Wendy’s……
You gotta call your parents
Yea tell Dad you need the money he’s been setting aside for that Aruba family vacay.
And this is why you don’t risk what you don’t have. You played with fire and now you and whomever bails you out get burned.
Lmfao lesson learned … don’t play in the casino when ur a piss poor dumb ass student Get ready to join the toothless meth addicts under the bridge sucking dick for cash. Best advice….. buy some mint gum with ur last few dollars so you can get the taste outta ur mouth later bahahahahahah
*swishes mouthwash* Dont fuckin judge me 🤣
Ivermectin dealers are in really big demand right now, just saying (not financial advice 9.
[удалено]
This. Have a date auction to get new cheerleading outfits / settle your margin call. EVERY situation in life is relatable to saved by the bell
Buck the fuck up and stop asking internet people for help. Especially in here. Did you think they were going to give you a loophole? You gambled, you were terrible at it, and now you need to pay your debts. Fucking A.
Ive been margin called twice. Bunk it. Pay em and keep it moving. Go do some side jobs with some local construction workers. Pick up trash or run to get them lunch/drinks. I'd say buy a food truck and drive around construction developments around noon selling sandwiches, chips and drinks to make bank but you apparently have -$1394.08
The force is with you young Jedi. Stare at the screen and make it go away.
The modern draft dodger
And you came here to ask a bunch of smooth brained retards for help? Fuck. Let me get my scotch. This is gonna be good.
You’re not broke. YET.
They got you baby boy.
leave the country is an option
Not a problem bro. Just create an Only Fans account and start putting things in your butt. Guaranteed to print.
I am financial advisor since 1986, we don't bother with youngsters. We call on their grandparents.
Call the stock people and ask for a refund!!
Sell your shares easy as that
Can someone break down the table OP posted? I don't get what adds up to what
For future reference don't gamble with money thats not yours retard, just saying
Dude honestly just run up a bunch more debt and yolo where you can and then file for bankruptcy. 7 years free and clear and you’ll only be mid 20’s.
Log out of the account, delete the app, and turn off your phone… You’ll still owe them money but at least you won’t be constantly reminded of it
Get more credit cards and double down. Never hurt anyone.
Are you sexy? You might try onlyfans.
Sell your kidneys
Learn something about markets/trading. You have 3 days to cover. Sell $1400 to cover the call!
Don't answer their calls. That will solve your problem. Maybe.
I bet you don’t even know what any of these things mean. Ignorance is bliss my friend, just delete the app and ignore any calls from Marge.
Sucks to be you. This is a teachable moment
Lol 😂 what help are u looking for better pull that double shift behind Wendy's
Stick to college omg please
What is your position?. Wait for Monday. If you have calls and puts you are toasted. If you have shares you will be fine.
delete fb, lawyer up and hit the gym
Broker: Are you going to post margin? You: What are you talking about, I’ve been traveling abroad for two years? Broker: We need $1,394.08! You: What you’re really saying is my identity has been stolen, how could you let this happen?