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Started By
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What's the worst investment you've ever made.....
Posted on 12/21/11 at 3:47 pm
Posted on 12/21/11 at 3:47 pm
That you thought was brilliant at the time? Looking forward to the responses!
27
Posted on 12/21/11 at 3:53 pm to Costanza
bought a house in 2007... wasn't thinking of it as an investment but it turned out to be a terrible buy for me...
Posted on 12/21/11 at 4:05 pm to Costanza
Gave a girl and her sister LSU/Illinois Sugarbowl tickets back in 01... got ZERO return.
Posted on 12/21/11 at 4:07 pm to Costanza
Not me, but I have parents who are very well off and they invested in cocoa...yes, the chocolate cocoa..like stock in a company...this was in the 90's...they did not get any ROI. I don't know what they were thinking.
Posted on 12/21/11 at 4:24 pm to Costanza
Lucent Technologies.... 
Posted on 12/21/11 at 4:27 pm to Costanza
Enron
Posted on 12/21/11 at 4:40 pm to Paul Allen
Ouch!!!
Posted on 12/21/11 at 4:46 pm to Costanza
A sibling's business "opportunity", and, no, I did not think it was brilliant going in. Total loss.
Posted on 12/21/11 at 5:06 pm to tirebiter
ATNP, a penny stock who's CEO was convicted of pump and dump schemes. First real entry into investing, went with 13k up to 20k, down to 0 in about 3 months.
I hope that POS Chris Debeau rots in fricking hell.
On another note, I learned a lot.
I hope that POS Chris Debeau rots in fricking hell.
On another note, I learned a lot.
This post was edited on 12/21/11 at 5:07 pm
Posted on 12/21/11 at 5:08 pm to tirebiter
Suntech (STP).
Look at the chart
Look at the chart
Posted on 12/21/11 at 5:10 pm to GoldenTiger85
I lost 50% on a Chinese stock that got hit with fraud charges. I'm still holding it.
Posted on 12/21/11 at 5:23 pm to Costanza
I bought a lot of under armor and a little of netflix, both did quite well. Then I decided to sell all my UA and buy more Netflix. Lost 50%+ of the value.
I was gambling and it was a good lesson.
I was gambling and it was a good lesson.
Posted on 12/21/11 at 5:29 pm to Camp Randall
Bought a small stake in a local movie shot in NOLA. It was gawd-awful. $0.00000 ROI
Posted on 12/21/11 at 5:37 pm to tigerpawl
MVIS.
Posted on 12/21/11 at 5:47 pm to Costanza
friend of mine was flipping condos in Destin and making good money until i decided to go in on one with him
Posted on 12/21/11 at 6:22 pm to kfizzle85
Posted on 12/21/11 at 6:52 pm to Costanza
Before Katrina, I paid 7K down on a lease purchase before I got the signature from a cousin.
It was in Mandeville and the property value was 'reappraised' during my lease.
The lesson,
Don't do business with family.
It was in Mandeville and the property value was 'reappraised' during my lease.
The lesson,
Don't do business with family.
Posted on 12/21/11 at 7:21 pm to Costanza
i have one bad investment: thesportsjury.com
i didn't think it would be amazing or anything. but damn that place blew up (in the bad way, not in terms of popularity)
i didn't think it would be amazing or anything. but damn that place blew up (in the bad way, not in terms of popularity)
Posted on 12/21/11 at 7:40 pm to Costanza
Rohan Davey rookie cards
Also Don Lapre's get rich quick program with the magic of "ad placement". I was a freshman in college and did actually learn a little through his exuberant manual (like a parody of itself).
Also Don Lapre's get rich quick program with the magic of "ad placement". I was a freshman in college and did actually learn a little through his exuberant manual (like a parody of itself).
This post was edited on 12/21/11 at 7:47 pm
Posted on 12/21/11 at 8:02 pm to Costanza
Worldcom. I really didn't make the investment thinking it was good. They bought a company in which I owned stock. 
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