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Started By
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re: What is your most expensive financial mistake?
Posted on 3/2/21 at 9:20 pm to offshoretrash
Posted on 3/2/21 at 9:20 pm to offshoretrash
Getting married at 24 and divorced at 29.
0
Posted on 3/2/21 at 9:21 pm to TexasTiger08
DUI
Posted on 3/2/21 at 9:25 pm to OMLandshark
quote:
hope no one is able to top this one.
And I hope his child doesn’t post here...it could be you...or me!
Posted on 3/2/21 at 9:26 pm to Stexas
quote:
My brother had twins this way.
Posted on 3/2/21 at 9:36 pm to TexasTiger08
I didn't invest in bitcoin in 2009.
Posted on 3/2/21 at 9:39 pm to Sneaky__Sally
quote:
not buying bitcoin when I first heard about it
Missed opportunities don’t count as losses. Everyone has those.
I should’ve bought Apple in 1988.
I should’ve bought Amazon in 2006.
Posted on 3/2/21 at 10:03 pm to TexasTiger08
I lost about $30k on a single stock once and never won it back. Goddamnit.
Posted on 3/2/21 at 10:10 pm to Bjorn Cyborg
A lot off us bought weed and other drugs with bitcoin.
Does that meet your approval?
Does that meet your approval?
Posted on 3/2/21 at 10:11 pm to Bjorn Cyborg
quote:
Missed opportunities don’t count as losses. Everyone has those.
Yeah. I mean, I didn’t do bitcoin, Apple, Amazon, etc. And I don’t even count a sum of my stock losses. Half the time I expect to get hammered in the market. It’s a crapshoot.
Posted on 3/2/21 at 10:12 pm to TexasTiger08
Marriage
2nd place: divorce
2nd place: divorce
Posted on 3/2/21 at 10:13 pm to TexasTiger08
New home construction. We built our 2nd home knowing that it wasn’t going to be our forever home and lost about 20k when we sold it. I’ll never build a house again. Let someone else put up the building costs.
Posted on 3/2/21 at 10:13 pm to TexasTiger08
I won $500 on a parlay in college and my brother convinced me to buy stocks of his company. I bought in at like a buck per share. Watched the stock go down and down and down, sold my shares at like 27 cents and bought some penny stock and lost it all.
Like ten years later I looked at that stock and it was up over 30 per share.
I would have turned a $5 bet into $15k.
Like ten years later I looked at that stock and it was up over 30 per share.
I would have turned a $5 bet into $15k.
Posted on 3/2/21 at 10:14 pm to TexasTiger08
Not liquidating all my stocks in February 2020 pre COVID crash.
Posted on 3/2/21 at 10:17 pm to TexasTiger08
I bought a chunk of BA about 13 months ago
Posted on 3/2/21 at 10:22 pm to GeneralLee
was watching a stock and thinking about dropping a few grand on it...
it went from 30 to 9.9 because the ceo dropped the mail option of the product to go 100 digital...
netflix at 9.9....still stings;(
it went from 30 to 9.9 because the ceo dropped the mail option of the product to go 100 digital...
netflix at 9.9....still stings;(
Posted on 3/2/21 at 10:22 pm to TexasTiger08
Turned around a failing business for what was supposed to be a reasonable paycheck and an equity stake. Other parties involved jacked me around for a couple years over partnership agreements. They screwed me out of $500k but the real loss was several years of better opportunities missed. Everyone says to sue, but living a life tangled up in lawsuits is no good way to live.
Lesson learned, don't make any business deal without a written contract up front. If you don't have a detailed and fully executed contract up front, you will get screwed.
Lesson learned, don't make any business deal without a written contract up front. If you don't have a detailed and fully executed contract up front, you will get screwed.
Posted on 3/2/21 at 10:37 pm to tes fou
Sold my 182 bitcoins in 2016 
Posted on 3/2/21 at 10:39 pm to TexasTiger08
Not buying FB and Amazon stock when the IPOs happened.
Posted on 3/2/21 at 10:53 pm to TexasTiger08
1.Knocked up my girlfriend after knowing her for 6 months and got married 2 years later.
2.Got conned by some Texas bozos to work for a stupid roofing sales/1099 contractor job in Michigan straight out of college...fell off roof, fractured 2 vertebrae, and went to ER without insurance.
3.Paid cash for a used BMW without a warranty.
2.Got conned by some Texas bozos to work for a stupid roofing sales/1099 contractor job in Michigan straight out of college...fell off roof, fractured 2 vertebrae, and went to ER without insurance.
3.Paid cash for a used BMW without a warranty.
This post was edited on 3/2/21 at 10:57 pm
Posted on 3/2/21 at 11:15 pm to GeneralLee
quote:
Not liquidating all my stocks in February 2020 pre COVID crash.
If you stayed in the market you still had a great year in 2020.
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