20-Year Old Robinhood Trader Commits Suicide After Seeing a -$730,000 Balance

Minority Mindset

Minority Mindset

June 22nd, 2020

DESCRIPTION
Get a 10-Day Free Trial of Market Insiders: https://theminoritymindset.com/Market-Insiders . . National Suicide Prevention Lifeline 1-800-273-8255 🚨Read Our FREE eBook & Financial Education Emails🚨 Get Richer Sleeping - Investing 101: http://bit.ly/m2InvestingeBook Alexander Kearns was a 20 year old kid who started trading options on Robinhood, after a few bad trades his account showed a -$730,00 balance and this pushed him to end his own life. Subscribe To Our Channel: http://bit.ly/M2YouTube Recommended: Things You NEED To Understand About The New Economy: https://www.youtube.com/watch?v=Ziya5w6BELg&list=PLKsS_EjCEmdpTPQF64uDehmbsuHkB5P-i Why Financial Education Is More Important Now Than Ever: https://www.youtube.com/watch?v=0cScikkNXqQ&list=PLKsS_EjCEmdp1Ou6YeukY1refAQY251ef 20-Year Old Robinhood Trader Commits Suicide After Seeing a -$730,000 Balance 0:28 - Alex was a 20 year old kid and saw a negative $700,000 Robinhood account and committed suicide because of his trading balance 1:40 - Alexander Kearns was trading options and seeing that negative balance was too much for him to bear 2:56 - Money is like fuel if you’re happy it will fuel that happiness, if you’re miserable it will fuel that feeling 3:50 - Quadrafit theory the four areas of life you need to be fit in to live a healthy life 5:00 - When money amplifies your life and how money affects your life 6:47 - How to live your best life 7:42 - Investing is risky and how to manage your risk as a new investor What Is The Minority Mindset? We are a financial news & education company. The Minority Mindset has nothing to do with the way you look. It's the mindset of thinking differently than the majority of people. #MIH #GetMoneySmart Check out some of our recommended products! Please note: some of the links are from our sponsors, so if you use them, we will get compensated. There's no additional cost to you. ---------- āž¤ Real Estate Investing Online 1) šŸ  Fundrise - Invest in real estate with as little as $500! See the historical returns here: http://bit.ly/InvestFundrise ---------- āž¤ Best Online Savings Account 2) šŸ¦ CIT Bank - Get a much better interest rate on your savings account with no fees. CIT Bank is FDIC Insured and conditions apply: http://bit.ly/CITsavings ---------- āž¤ Active Stock Market Investing 3) šŸ“ˆ Webull - Buy & sell stocks, pay $0 in commissions, and get a free stock: http://bit.ly/m2WebullFreeStock ---------- āž¤ Passive Stock Market Investing 4) šŸ’° M1 Finance - Pick a few ETFs and stocks, then let M1 Finance invest your money automatically: https://bit.ly/M1FinanceStocks ---------- āž¤ Loans & Refinancing 5) šŸ’ø Credible - Get the lowest interest rates possible on your loans - see how much you can save: Student Loan Refinance: https://bit.ly/m2RefinanceLoan Mortgage Refinance: https://bit.ly/MortgageRefiCredible Getting A New Mortgage: https://bit.ly/MortgagePurchaseCredible *Advertisement fromĀ Credible Operations, Inc. NMLS 1681276, not available in all states. VisitĀ https://www.credible.com/a/state-licensesĀ for important information about Credible’s licenses. ---------- āž¤ Home & Life Insurance 6) šŸ›” Policygenius - make sure your family is protected with life insurance & home insurance. Policygenius will find you the best deal at no cost to you: http://bit.ly/PolicygeniusLifeYT Get a free home insurance quote: https://bit.ly/m2HomeInsurance ---------- āž¤ Car Insurance 7) šŸš— CarInsurance.com - See how much you can save on your car insurance with a free quote: https://bit.ly/m2carinsurance ---------- āž¤ Credit Cards 8) šŸ’³ See some of our recommended credit cards*: http://bit.ly/ *We are compensated when you click on or are approved for offers. The information in this video and YouTube description was not provided by any of the companies mentioned, and has not been reviewed, approved, or otherwise endorsed by any of these entities. ---------- Twitter: https://www.Twitter.com/MinorityM1ndset Instagram: http://www.Instagram.com/MinorityMindset Facebook: http://www.Facebook.com/MinorityMindset See more & read our blog! http://www.TheMinorityMindset.com This Video: https://youtu.be/P8JqL8cNVB8 Channel: https://www.youtube.com/MinorityMindset Video host: Jaspreet Singh DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use these products, we will get compensated - but there's no additional cost to you. DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.
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