She Trusted Her Dad To Invest Her Unemployment Money. Instead, He Chased Niche Markets That Ran Her Portfolio 'Into The Ground'

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>Adrian VolenikSun, March 1, 2026 at 4:00 PM GMT+1 3 min readA 24-year-old college student thought she was making a smart move during the 2020 shutdowns. Her store had temporarily closed, she was collecting unemployment and, since she was living at home, her dad suggested investing the money.She agreed and handed over control of the account. He told her he would put it into “stable stocks.” Instead, she now says she has watched him slowly run it “into the ground.”According to her post on Reddit’s r/investingforbeginners, her dad bought stocks ranging from around $30 down to penny-stock territory. Over time, most of them collapsed to $1 or less. Whenever she questioned the decisions, she said he brushed it off and told her “it's fine” and even encouraged her to add more money.Don't Miss:This AI Helps Fortune 1000 Brands Avoid Costly Ad Mistakes — See Why Investors Are Paying AttentionWall Street's $12B Real Estate Manager Is Opening Its Doors to Individual Investors — Without the Crowdfunding Middlemen“Sell and repeat,” she wrote, describing the cycle of dumping losing positions and jumping into other niche markets that soon crashed as well. Today, the account is worth just under $200.One stock she highlighted is down 70% and is the only holding above $1. The rest are under a dollar and down anywhere from 20% to 70%. The only position she feels somewhat confident about is one tied to precious metals. “I don't plan on selling it after doing some digging,” she said.She has since changed the password and taken control of the account herself. “Should've done it earlier,” she admitted, pointing to family trust as the reason she waited.Trending: This Energy Storage Company Already Has $185M in Contracts—Shares Are Still AvailableCommenters didn't hold back. Several said her father wasn't investing at all.“He was likely gambling,” one person wrote.  “Your dad is not an investor,” another added. “He's a gambler. Learn the difference.”The overwhelming advice was to stop chasing penny stocks and move toward broad, diversified exchange-traded funds.“Mentally, just consider the old investment dead and leave it alone,” one commenter suggested. Others argued the opposite, saying she should “sell everything” and start fresh.A debate broke out over whether holding the remaining positions would be a classic “sunk cost fallacy.” One person argued that leaving money in a “bad investment” because it's only $200 is letting past losses dictate future strategy. 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