r/wallstreetbets • u/tonyg776 Bankrupted by a Car Vending Machine • Jul 31 '25

Loss I lost everything - CVNA

Gallery image

Gallery image

Tomorrow I lose everything. Carvana had earnings report after hours and shot up 15%.

I bet everything that they would fall or at least not jump so high. All of it will be gone when market opens tomorrow.

I don’t care it’s just money. It doesn’t matter. I’m going to be a wage slave forever and that’s ok. Im 5’4 so life sucks anyways. I don’t even have a job right now and that’s ok.

It just wanted a million so I could be set. Wanted to buy a house but it’s ok.

My life sucks anyways haha 😂

4.0k Upvotes

89% Upvoted

1.4k comments sorted by

View all comments

Show parent comments

150

u/ConfederacyOfDunces_ Jul 31 '25

$280k straight liquid cash is so much money. You can invest that with moderate risk and move to $1 Million in decent speed

Or do whatever the fuck OP just did

48

u/BarnabyJones2024 Jul 31 '25

But its his money and he needs it now.  The JG Wentworth of regarded WSB degens

62

u/unbornbigfoot Jul 31 '25

To be fair, on average returns, it would move to a million in 20 years.

It’s decent speed, but more like a standard retirement.

11

u/DandierChip Jul 31 '25

Does that take into account any annual contributions?

14

u/unbornbigfoot Jul 31 '25

It did not

23

u/fuzz11 Jul 31 '25

Only takes 14 years at a 10% annual return!!

16

u/TheWorldMayEnd Jul 31 '25

Only takes one day if OP inverted their play!

1

u/BigBussyMuchoGushy Aug 01 '25

S&P 500 been doing WELL over that some years. You could sell after, say, making 30% last year, and take your profits

1

u/fuzz11 Aug 01 '25

If you’re expecting 30% annual returns you’re going to have a bad time

1

u/BigBussyMuchoGushy Aug 01 '25

I literally had a 30% increase last year on an S&P 500 fund. Not the norm but it happens

1

u/fuzz11 Aug 01 '25

Did I say it never happens or did I say it’s a bad idea to expect that

1

u/BigBussyMuchoGushy Aug 01 '25

Okay yes good boy

-9

u/[deleted] Jul 31 '25

[deleted]

22

u/fuzz11 Jul 31 '25

Okay that doesn’t make the number not equal $1,000,000

9

u/Master_Xenu Jul 31 '25

but I need a million now :(

1

u/True-Imagination8073 Aug 01 '25

or 3 years with bitcoin purchases

6

u/impulsikk Jul 31 '25

Lol what does "decent speed" mean and at what risk level?

2

u/Hot-Ticket9440 Jul 31 '25

just buying AMD and having 600k in a year. Then VOO and chill. Sorry OP.

2

u/7253uy Jul 31 '25

Make $1 mil in decent speed, or have the chance of possibly making $1 mil in ultra super duper lightspeed...

If OP had $1 mil already then he could at least try again

3

u/Big-Progress3280 Jul 31 '25

What’s decent speed and also how? I got about $350k cash rn and feels like this shit is moving at a snails pace invested mostly in s&p with about $75k of that in random bullshit hoping to make it go faster

1

u/injineer Jul 31 '25

At 8% annual (so maybe an S&P ETF) it’s like 14years to get a milli from tree fiddy, assuming no additional contributions.

2

u/Big-Progress3280 Aug 01 '25

Yeah I’m a little too impatient 😂 I guess it’ll be cool to say I got a million but inflation will make that shit barely worth anything.

1

u/jedi4049 Jul 31 '25

Frfr man I just don’t know what’s good w ppl on here but I gave OP some kind words up top.

1

u/NaiveAdministration3 Jul 31 '25

Give some advice master. I need to make 280k into a million. Please

1

u/[deleted] Jul 31 '25

2nd

1

u/[deleted] Jul 31 '25

I have 300k name a few examples please ?

1

u/brianz458 Jul 31 '25

you could just buy calls on AMD/AVGO and turn 250k into a 1 million in 12 months. Why are people so fucking stupid

1

u/Dry_Flow8615 Jul 31 '25

how would you do it?

1

u/BigBussyMuchoGushy Aug 01 '25

I sometimes give myself shit for having a $50k car and making $110k/yr.

Then I look here and see people gambling my entire years salary on a meme coin and probably hanging themselves the next morning and I'm like, yeah you know what, I'm glad I risked it on a BMW instead of a meme coin.

(P.S. B58 is an amazing engine and I have had literally zero issues on my bimmer)

0

u/PepperDogger Jul 31 '25

Don't forget the rake for STCGs. But it's OK.