i lost over $198K trading options. this money did not belong to me. A position blew up, my friend loaned me money and then there was another blowup. I am 25. I earn $50K per year. I obviously must do something to make this money back asap.
I may switch jobs to one where i can earn $90K in year 1, $100K in year 2, $120K approx in year 3., etc, etc.. THis job would be in a hedge fund. OR I can take a job as a daytrader (fulltime) and try to make it back slowly,
QUESTIONS> IS my situation hopeless? Is it possible to correct? I am getting married shortly . wife wont work for at least two more years.
What can i do to help my situation?? What job should i take? What can i do to not get depressed?
I have two basic loans: 1) is for $95K - I must pay $800 per month. this is to a family friend.
2) the second loan is for $85K ,and my friend wants this $85K asap.
How the hell do i get him the $85K ???
I have a series 7,63,24,66 and life/health insurance licenses.
2007-08-05
07:21:23
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12 answers
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asked by
Afi K
1
in
Credit