/biz/ - Business & Finance

I have a story for you /biz/

My parents leveraged heavily during the 2008 financial crisis into real estate. Acquired massive loans owned multiple homes then got caught at the top of the market and couldnt sell. My dad decided that leverage trading would be the solution and went into even more debt to gamble on the stonks. Needless to say he lost everything and we ended up homeless for a while. Fast forward a few years... family is somewhat stable and we have housing. Sometime around when i started college, Dad comes across large sum of money and guess what he does? He puts it all into a leveraged trading account, gets me involved in it and i develop a tendency for gambling money. After a few months of trading I quit, realizing the futility. Father goes on trading, once again everything is lost. Come to the conclusion that my dad is retarded. Deeply resent father for this. Hardly speak to him now. Wondering if any anons had parents like this.

Is the billion tax free?

QRD on camel?
Does he do the same as snibs?