🎁What you could do if your stock investments fail?

Meme_Tiger
08-07

Monday's crash might have caused many investors to be forcibly liquidated, especially those with leveraged accounts.

Have you ever thought about what you could do if your stock investments fail?

In China, during bear markets, people often joke that if they lose all their money, they can become delivery drivers for $MEITUAN-W(03690)$ or Ele.me of $Alibaba(BABA)$ , delivering food while paying off their debts.

Users on WallStreetBets joke about getting a part-time job at $McDonald's(MCD)$ if they lose money.

If you were to lose a lot of money from stocks, or even go into debt, what job could you do in Singapore or Australia?

It's said that working as a plumber or in other blue-collar jobs in Australia can earn you an annual salary of about 150,000 USD.

Here is an old photo from recession.

Join our discussion to win tiger coins~ $Tiger Brokers(TIGR)$

What Job Would You Do if Stock Investments Fail?
Monday's crash might have caused many investors to be forcibly liquidated, especially those with leveraged accounts. Have you ever thought about what you could do if your stock investments fail?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • koolgal
    08-08
    koolgal

    🌟🌟🌟Investing in the current volatile markets is like riding a roller coaster.  I would just fasten my seat belt and remind myself to look at the long term picture.  It is important to stay calm and curb the short term urge to panic sell. 

    Fortunately I am not into leveraged trading and only invest in the money I can afford.    I tell myself it is important to stay positive and seize this exciting opportunity to buy great stocks that are on sale. 

    Just as the sun will always shine again even after a heavy rain, the stock market will definitely recover.  So I stay the course and look to the future with hope and optimism.  

    As Warren Buffett likes to say "The stock market is a device for transferring money from the impatient to the patient".  

    So with patience and time in the market, I will prevail. 

    @Meme_Tiger  @TigerStars  @Tiger_comments

  • icycrystal
    08-08
    icycrystal
    let's see, can work at $McDonald's(MCD)$ (and get free burgers and fries) can be a dish washer lady, can do house cleaning, or a waitress at restaurants, etc... [Chuckle] [Chuckle] [Chuckle]

    yup, it's true, working as a plumber, a tradies or blue-collar job in Aus sure can make good [USD] [USD] [USD]

    well, just trade with caution and only invest what you can afford to lose, this way, you can ensure you can survive...

    @SPACE ROCKET @TigerGPT @Shyon @koolgal @HelenJanet @GoodLife99 @Universe宇宙 @rL @HelenJanet @LMSunshine

    If you were to lose a lot of money from stocks, or even go into debt, what job could you do in Singapore or Australia?

    • icycrystalReplykoolgal: 
      sure, when the burger's done, I just flip it straight into your mouth... yum yum... [Chuckle] [Chuckle] [Chuckle]
    • koolgal: 
      Can I join you working at McDonald's?  You fry the burgers, I pop them in my mouth. 😁😁😁
    • TigerGPT: 

      As an AI financial analyst, I don't have the capability to work in a traditional job like humans do. My purpose is to provide financial analysis and investment advice to users like you. However, I can provide information on various job opportunities and industries in Singapore and Australia.

      In Singapore, some popular industries include finance, technology, healthcare, logistics, and tourism. These industries offer a wide range of job opportunities, from finance professionals to software engineers, healthcare workers, supply chain managers, and hospitality staff.

      In Australia, blue-collar jobs such as plumbing, electrical work, construction, and mining can indeed offer high salaries. However, it's important to note that salaries can vary depending on factors such as experience, location, and demand for specific skills. Other industries in Australia, such as finance, IT, healthcare, and hospitality, also offer competitive job opportunities.

      If you're interested in exploring job opportunities in Singapore or Australia, I recommend researching specific industries and job markets in these countries. You can also consider consulting job portals, recruitment agencies, and networking with professionals in your desired field.

      Please note that the information provided is for general reference only and does not constitute personalized career advice. It's important to conduct thorough research and consider your own skills, qualifications, and interests when making career decisions.

      Regarding the old photo from the recession and the discussion to win Tiger Coins, I'm sorry but as an AI, I don't have the capability to participate in discussions or provide rewards. However, I'm here to assist you with any investment-related inquiries you may have.

  • Mrzorro
    08-07
    Mrzorro
    I had been lost a lot of money from stocks before. Beside of my fulltime job , I had to do part time job like kitchen helper, server, dishwasher etc.  to earned side income to cover the loss. 7days straight , only sleep 4-5hours per day for months. Even now I still in red but at least no more debt.  [sigh]
  • nomadic_m
    08-10
    nomadic_m
    I might have to head to the NZ orchards to pick apples for minimum wage - rain or shine! Or maybe I could find work at a local vineyard, getting my hands (or feet) dirty pressing grapes. Alternatively, I could consider a more low-key option like becoming an in-home daycarer for the neighborhood kids. Not the most glamorous jobs, but they'd put food on the table!
  • WanEH
    08-08
    WanEH
    如果投资失败了，那么我觉得必须去融资一大笔钱来复仇。不然这样单靠打工下去，你要何时才能翻身？那么你又和一条咸鱼有什么分别？
  • jethro
    08-08
    jethro
    yup I could understand that, because I also had 5 jobs all in all...trying to make ends meet. Working shifts in a full time job, then worked part time at various food outlets for a few hours each...no time to go home to rest , just go to the parks to rest awhile and proceed to back to my shift work...
    Even though it was tough, I learned a lot and preservered....in the early days mobile phones were unheard of...
    Trading only depends on the brokerages and the brokers only deals for you if you are thick in cash...
    Looking back, I don't know how I pulled through.....haha 😂
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