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Your worst investing moves made over the years...
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2011 Jan 30, 2:52pm 15,898 views 51 comments
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SIRI.
Not very glamorous I know, but back when Howard was in contract renegotiation and they were at 8-12 cents a share. I seriously thought about it...
$1000/0.12c = 83333 shares
Todays price of $1.72
83333 * 1.72 = $143,332.76
B.A.C.A.H.
2011 Aug 26, 1:10am
Vicente,
don't worry about it. Not doing something is not really a bad investment move. Because it's not a move at all. Missed opportunity, of course. But that is a different question.
If we had to list our worst missed opportunities, the list would be so much longer.
For me, it'd start with my college days when I declined an offer from a Swedish coed on her way back home to Europe, to share a hotel room "to share expenses" near NYC airport during a flights layover. Wanted to perserve my small amount of cash for something else so I spent the night at a relative's house in the area.
I told my professor about it after I had returned home to California. He laughed out loud at me and told me something like, "you dummy, that's what your credit cards are for!"
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What are some of your worst experiences? I am curious about % losses as well as absolute amounts due to bad investments. What were they and when were they made. What did you learn from it?
#investing