The most unlucky investor has been found (4 photos)

The guy bought stock for the first time, and not just anyone, but a world-famous company, and lost $230,000 in a day.





A college math major inherited $800,000 from his grandma and, wisely deciding that money should work, became a "mom's investor."

I've always heard about people losing their inheritance by spending it on junk instead of investing. So, I told my parents that I wasn't going to spend a cent of this money, but was going to invest it all, and they were proud of me.

I studied the market situation for a long time and tediously, and I rolled out a huge post about why right now is the time to invest in Intel shares, an American company that produces electronic devices and computer components.

Like, they'll publish a quarterly report now, and prices will go up. I allocated 700 thousand for these needs and started waiting for the profit.



A day after buying the shares, the company published a quarterly report. But after the publication, Intel shares fell by 30%.

The company lost $23 billion in market value in the second quarter of 2024, which led to the decision to cut 15% of its workforce and suspend dividend payments.





The layoffs mean laying off more than 15,000 employees. This is an attempt to cut costs.

According to the CEO, revenues are growing “not as expected” and the corporation has not yet managed to take advantage of “powerful trends like artificial intelligence.”



But let's get back to our thoughtful math student, in one day his capital decreased from $700 thousand to $470 thousand.

The post about buying shares collected more than 11 thousand comments, where the guy was strongly advised to change his specialty and stop reducing his grandmother's inheritance.