business π Dad's single stock gamble wipes out family savings
A son shared his father invested all family savings into one stock, which has since dropped to Rs 30 lakh. This happened after his father, lacking market knowledge, repeatedly bought the same stock across three demat accounts since 2013. The initial total investment reached Rs 75 lakh, representing his parents' life savings. The son is now seeking rational advice to manage the situation instead of reacting emotionally. Social media users are divided on whether he should cut losses or hold onto the remaining amount. πΈ