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Help save our family after a horrific incident

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Introduction


I am posting this on behalf of my older brother, whom he tried to take his own life and now our family is now in shambles.


What happened?


The link is to the original post he wrote a few days ago on an online forum.


https://www.reddit.com/r/stocks/comments/lamgp6/give_it_to_me_straight_how_screwed_am_i/


We don’t come from a well off family as we struggle to make ends meet. However, he is the type of person to always put others first before him and always wanted to make other people happy. He always showered our family with presents during events, and always helped my parents out with bills. 


During this time, he was saving up for a house to buy for 6 years. When he was financially able in early 2020, he decided to pull the trigger, and purchase a pre construction that closes in 2022. However COVID hit, and he ended up losing his job within the next month. He was still contractually on the hook for the house and monthly deposits. He was able to make the deposits with what he saved prior to losing his job, but he was now dreading the down payment for closing. If he is unable to close, the builders stated they will sue him. 


He was scared, but his mental wellbeing was strong. He ended up working various odd jobs that he really didn't like to make up some money as fast as possible. However the earnings weren't enough after he lost his original job, and each day closer to closing it was taking a toll on him, and our family, but we still remained optimistic.


Fast forward to the beginning of this year where he and the whole world hears about the stock (GME). He thought this was his chance to make up the difference to cover a year's worth of lost wages, and a sign from god. No one in our family really played stocks, and we did advise against it. However we saw the look of desperation in his eyes, and his need to do it. It was the first time I've seen him so excited in a while. So we let him, which was a decision that haunts us to this day.


He essentially then put everything he had saved up into the market on the same day it decided to tumble down, and it has been tumbling down ever since. We wanted him to take out what was left to cut some losses. But he didn’t listen as he kept repeating “everyone is saying it’s going to go up, just hold!” It didn’t, and every single day his mental health deteriorated further.


One morning our family wanted to go grocery shopping, we asked if he wanted to come. He didn’t want to leave the apartment which we assumed he just wanted more time alone. That is when we got a phone call saying my brother tried to take his own life by jumping off our balcony, and is now in the hospital. It was a moment I remember so vividly, that keeps replaying in my head every day, but I'm trying so hard to forget. All he left behind was a note taped against the balcony window with his last words.


As of this moment, he is still in the hospital, and will be seeking counseling soon as well after speaking to the police. This whole situation has devastated our family, we cannot stop thinking about what is going to happen to our brother, what will happen next, and what we could have done differently. 


It’s sad to think that a few weeks ago we celebrated my birthday, and he bought me an expensive laptop for school, and everyone’s mood was happy. Now, all the positive energy and happiness is gone and replaced with sadness, despair, and an empty room where my brother used to reside.


What is this then?


We are praying that anyone that reads this will know what happened with my brother, and how Stocks (GME Specifically) affected our family greatly. My brother is now at risk of not being able to recover physically, financially, and mentally from this situation. What makes matters worse is that even when he recovers, he won’t be able to work for a while, which makes the likelihood of him being sued more probable with each passing day.


My whole family is now asking for your help now in my brother’s time of need. We are hoping that we can band together to save our family, and give us a second chance at life. We want to be able to tell him that the money he lost was recovered, and you guys were the ones that saved him. We just want to be a normal family again. I just want to see us smile again. I just want my brother back again.


We are not asking for the amount needed for the down payment, nor even asking for the amount he lost which was 60k, nor even the hospital bills, and future bills that are probably pending as of this post. We are only asking for 50k CAD, as our family together can scrape together around 10k between all of us to give back to my brother. We would just want enough so my brother will still have what he had before entering the market so he can get back on his feet after this whole ordeal once he is able to recover.


Conclusion


We are not blaming GME, or anyone. We just wanted to let the world know what happened to my brother and why he did it. It wasn’t out of greed, it was out of desperation. He was caught in a bad situation by no fault of his own on the hook for a house after losing his job, and made a life altering worse decision entering the market to make up for it.


I will be updating as much as I can with our situation. I hope that you guys can also share it with anyone that can help us and to ensure no one will make the same mistakes as my brother.


Thank you so much for reading this, I’m 100% sure we learned from the mistakes that transpired, and won’t repeat them in the future. We are now praying that we can band together to give him, and our family that future a second chance at life. Please stay safe, and please invest responsibly.

Update 1: My brother is still in the hospital recovering. He has sustained multiple injuries. He has fractured his lower limbs and sustained a severe head injury. Doctors say he should make it with more time. Since we are in Canada, most of this will be covered, there are still some rehab costs we will need to pay that we are still accessing.

Update 2: My brother is stable now and we are able to communicate with him. He told us that he is very sorry for what he did, and what he put our family through. He said in the moment he lept off the balcony he regretted it instanty, and prayed that he would live. We are very thankful that God was able to save him and keep him alive. There is so much to talk to him about, and we want to share the details as soon as we can.

Organizer

Emily Liu
Organizer
Thornhill, ON

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