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Worst financial decision you ever made?
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Originally posted by friscopaint View PostI'm feeding 12 horses.......
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Just had the convo recently. In 2017 I bought into etherum crypto and a couple other cryptos. Purchased the etherum within the first hour of releasing it when it was like 0.0000000000123 a share. Put 200 bucks in it and got 74000 something shares. Sat on it for a few months and it was climbing decently and made a small drop so I got scared and cashed out. Made 300 something in a few months. Buttttt today etherum is worth well over 2k a share which equates to I WOULD BE RETIRED money. 10 months after I sold it hit 1200 bucks a share which was over millions of dollars. If I had just waited I guess I’d be looking at life a little differently
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Originally posted by Randy M View PostProbably the Harley I'm about to buy.
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Originally posted by lanceodom View Post
Ouch..... you win!!! You're right, you're not very bright.... but a father's love is never failing for his daughters.... Mine is in college at University of Kentucky in the Equine Science and Management program. I told her she can ride up there but she has to find a barn that she can trade work for riding. Took her about 10 days to find a barn or two she could trade with. She loves it. Good luck and hang in there.
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Originally posted by txoutdoorsman24 View PostJust had the convo recently. In 2017 I bought into etherum crypto and a couple other cryptos. Purchased the etherum within the first hour of releasing it when it was like 0.0000000000123 a share. Put 200 bucks in it and got 74000 something shares. Sat on it for a few months and it was climbing decently and made a small drop so I got scared and cashed out. Made 300 something in a few months. Buttttt today etherum is worth well over 2k a share which equates to I WOULD BE RETIRED money. 10 months after I sold it hit 1200 bucks a share which was over millions of dollars. If I had just waited I guess I’d be looking at life a little differently
I day traded a few years and did thousands of trades a month. There are only a couple I count as me being stupid.
1. Had a chance to buy PUTS in a $120 stock that was stable. I hesitated to confirm everything and as I was hitting the buy button it was halted. It opened the next day and my $1,500 option trade would have been worth over $1.5 million at open and way over 2 mil shortly after. AND there's no way I could have sold early like often happens when day trading.
2. I held ELKO stock (a B2B company in late 90's) I always had 4 to 7k shares around $4. I swore up, down and sideways I'd never sell until it ran up like all the other B2B stocks were doing. After 6 months, which is an eternity for a day trader, I sold as I was leaving out of State (couldn't really trade on the road back then). Of course it shot up to $55 the day after I sold.
Regular life mistakes.
I had employee stock at Dell. Sold DELL stock in 1994 and it went on a 120,000% run from 1994 to 2000 LOL
I had the chance to buy 100 acres in Leander in 1996 for $100,000. Same street 4 years ago our Church sold around 5 acres for something like 300k per acre. This one stings because I knew it was a good buy but new wife wanted a house.
But - I also think all these misses were blessings. My life would be totally different if any of the gambles paid off in my early years.
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