We Paid a $50K Nonrefundable Deposit on a New Home. Then My Husband Gambled Away $121K Day Trading and Put the House in Jeopardy
A couple thought they were in a strong position to buy their next home. They earned about $240,000 a year, had sold their previous townhouse and had already put down a $50,000 nonrefundable deposit on a $550,000 house.
One person lost a lot of money trying to trade stocks quickly instead of investing for the long term. This story shows why it matters to have a plan for your money and stick to it, even when you think you see a quick way to get rich.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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