Reported 2 days ago
In a revealing call to 'The Ramsey Show,' a woman shared how she and her husband lost over $300,000 through day trading, despite their household income being only $38,000. The husband, recently diagnosed with bipolar disorder, started trading during a manic episode, leading to financial devastation after liquidating an inherited IRA. Dave Ramsey criticized the couple's trading approach, likening it to gambling and stressing the importance of avoiding further risks. The episode serves as a sobering reminder of the dangers of active trading amid personal turmoil.
Source: YAHOO