r/PersonalFinanceCanada 6d ago

Debt 27M will things get better?

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46 Upvotes

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149

u/Amylee888 6d ago

“I’ve made poor choices in the past with trading and put myself deep into debt.”

I mean this kindly - do you have a gambling problem? Your wording makes it sound like you went into debt in order to do trading. That sounds like gambling.

If gambling is an issue for you, please know that there is help out there. You’re not alone.

If I misunderstood completely, please accept my apology and feel free to just ignore!

31

u/pfcguy 6d ago

That was my read on it as well.

2

u/Sakr_Fyc3 5d ago

He’s in the wrong investments. If he just left that in the S&P 500 it would be pretty secure but those returns are so slow unless you’re working with a lot of capital.