/biz/ - Business & Finance

May dad lost half of our families money on nasdaq 100 index funds... When the bank asked if he wanted to diversify a year ago he said no he only wanted this fund. He thought it was a good investment at the begining of last year. The man hasnt worked a real job in literally 20 years because he shilled that he had a long term disability. All he does is watch CNN and late night comedians every day. He unironically believed Biden would make him rich. He's not a boomer either, he's a gen x immigrant. I don't understand how it went so wrong.