What should I do knowing my Dad is gambling his money in stock market?
（I have my own money and have made a killing in the stock market. Well, my Dad thinks he now can make a killing but always is on the wrong side of the trade and losing. I try to give him pointers but he won’t listen. I don’t want him to lose all his money! any suggestions?）
Answer ：
It’s to bad when parents won’t listen because they think that they are smarter than you. Tell your dad to let you at least take 50% of the money he plans to invest. This may hurt you but tell him that if you lose you will refund all of his money back to him. The plan is ,once you make him money, he will listen to you.
Posted: July 30th, 2010 under US Stock Market.
Tags: Stock market