Money: Today, I learned that my dad invested my entire college fund...

By Anonymous - 07/05/2017 20:00

Today, I learned that my dad invested my entire college fund into some shady internet stock, despite my dire warnings about being careful. He told me not to worry as he'd done some research, and he guaranteed everything would be fine. Two hours later that same stock dropped almost 75%. FML

I agree, your life sucks 6 994

You deserved it 415

Money

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timinator5000 28

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Sunday 7 May 2017 20:07

First rule of investing...diversity. Never put all your eggs in one basket.

RockPrincess26 16

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Sunday 7 May 2017 20:06

Your dad shouldn't be allowed to touch your college savings.

RockPrincess26 16

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Sunday 7 May 2017 20:06

Your dad shouldn't be allowed to touch your college savings.

nemrac917 1

Monday 8 May 2017 6:34

Why the hell not? It's his money.

RockPrincess26 16

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Wednesday 10 May 2017 1:36

No it's not. It's OP's money. Maybe that's okay in YOUR family. But not everyone accepts such things. And for all we know, the money could've come from a deceased relative and given to OP in a will. And/or it might've been OP's own hard working money. So, no, it's NOT his. Nor would it be his if the money was specifically set aside for OP.

timinator5000 28

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Sunday 7 May 2017 20:07

First rule of investing...diversity. Never put all your eggs in one basket.

RichardPencil 30

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Sunday 7 May 2017 22:43

Your dad sounds like a great guy! Would he be interested in making thousands working at home, enlarging his penis or helping out a Nigerian prince? If so, send him my way.

Shadowvoid 33

Sunday 7 May 2017 23:15

Rule #1 of a college fund, don't touch it, only add to it.

Maleficus_fml 12

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Monday 8 May 2017 0:02

guess you gotta get job like some of us

GhostFox 33

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Monday 8 May 2017 3:37

Chances are you would t have gotten any of that college fund one way or another.

Druu 53

Monday 8 May 2017 3:49

I believe the ticker symbol for your education fund will be FAFSA.

hunterseal 18

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Monday 8 May 2017 5:01

Well, loans and scholarships exist, sorry if you earned that money but if it was your dad's he can (and did) whatever he wants with it.

AspieGirl88 7

Monday 8 May 2017 5:30

Yikes! And they wonder why some kids try to sue their parents! Seriously, though; he had no right to do that if it was YOUR college fund. I guess it shows, even parents can do horrible things sometimes (whether they mean to or not)...