Started By
Message

re: What's the worst financial mistake you've ever made?

Posted on 4/25/19 at 11:44 am to
Posted by El Segundo Guy
1-866-DHS-2-ICE
Member since Aug 2014
11352 posts
Posted on 4/25/19 at 11:44 am to
Worst--marrying my first wife

Best--marrying my third wife
Posted by NOLAManBlog
The Big Nasty
Member since Dec 2012
1218 posts
Posted on 4/25/19 at 11:45 am to
Shot craps for 5 years until I had actually read one of my annual win/loss statements. Eye opener.
Posted by TigerCoon
Member since Nov 2005
22465 posts
Posted on 4/25/19 at 11:45 am to
Lucent Technologies stock
Posted by Bigbee Hills
Member since Feb 2019
1531 posts
Posted on 4/25/19 at 11:46 am to
Taking up hunting and fishing and hiking and canoeing and dog training and outdoor activities and tools and fixing chit and cars and trucks and welding and Google and book stores and amazon and...all that kind of stuff.
Posted by RussianFromLSU
Baton Rouge, LA
Member since Nov 2014
192 posts
Posted on 4/25/19 at 12:08 pm to
Lol. you fricked up bro. Do you even crypto?
Posted by 9Fiddy
19th Hole
Member since Jan 2007
66408 posts
Posted on 4/25/19 at 12:11 pm to
quote:

What's the worst financial mistake you've ever made?


I know the 2nd post was inb4 marriage, but really it was my first wife.
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6222 posts
Posted on 4/25/19 at 12:11 pm to
Bought a ton of gopro stock in the summer of 15. Sold for a small profit. Bought more on a dip. Only the company didn't dip, it tanked.
Posted by ForeverLSU02
Albany
Member since Jun 2007
52505 posts
Posted on 4/25/19 at 12:12 pm to
quote:

What's the worst financial mistake you've ever made?
Actually paying my student loans off
Posted by Tempratt
Member since Oct 2013
14898 posts
Posted on 4/25/19 at 12:47 pm to
quote:

Buying a Dodge.


Or a Nissan.
Posted by Placebeaux
Bobby Fischer Fan Club President
Member since Jun 2008
51852 posts
Posted on 4/25/19 at 12:49 pm to
buying a franchise


thank God Im out of that crap
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
72722 posts
Posted on 4/25/19 at 1:03 pm to
Probably running around hard before I met Mrs Füt.

I spent a bunch of money on spur-of-the-moment trips and hanging out with stray wimmenz.

I recall walking up to the counter at MSY and buying seats to Cancun.

but
Posted by FishinTygah84
LA
Member since Dec 2013
2033 posts
Posted on 4/25/19 at 1:12 pm to
I was 22 and not in college. Working full time. Went and bought a year old Tahoe LTZ and jacked it up. almost put truck nuts on it. Ended up going to college and gas hit 4.00 a gallon in 2008. Traded it in about 18 months after i bought it and took a BATH on it. Got a used Honda accord but my note said I was driving a BMW. Took 6 years to pay off a 5 year old base model accord.
Posted by Pedro
Geaux Hawks
Member since Jul 2008
38141 posts
Posted on 4/25/19 at 1:15 pm to
Moving to Wichita. Moved here with like $500 to my name and no job lined up the August after I graduated college to be with the girl I was with at the time. Junk wrecked me financially.
Posted by cable
Member since Oct 2018
9735 posts
Posted on 4/25/19 at 1:22 pm to
Marriage. 30 years old heading for a million by the time I was 35, ended flat broke.
Posted by 4Ghost
Member since Sep 2016
8565 posts
Posted on 4/25/19 at 1:35 pm to
Not buying the Condo in Destin in 1980. My Grandfather tried to tell me, but I just had to have that boat!!!
Posted by Splackavellie
Bayou
Member since Oct 2017
11946 posts
Posted on 4/25/19 at 1:36 pm to
quote:

Though honestly..I learned a lot of hard lessons in that failure. Long term...wouldn't change it. Failure is a learning tool


Lessons cost money, good ones cost lots.
Posted by rd280z
Richmond
Member since Jan 2007
2467 posts
Posted on 4/25/19 at 1:50 pm to
Buying another house after I had sold my previous one to get debt free and just rent housing. I totally screwed up on that one.
Posted by browl
North of BR
Member since Nov 2017
1571 posts
Posted on 4/25/19 at 2:47 pm to
Signing my first W4
Posted by Gabriel Susan Lewis
St. George
Member since Apr 2019
294 posts
Posted on 4/25/19 at 3:10 pm to
quote:

On a similar note, I got carried away a few years ago trading 3x long/short natural gas ETFs during the winter, and using margin to boot. I'm reminded of that mistake every year since, $3000 at a time.


Yep, it was Proshares for me.
This post was edited on 4/25/19 at 4:48 pm
Posted by rintintin
Life is Life
Member since Nov 2008
16954 posts
Posted on 4/25/19 at 3:31 pm to
quote:

On a similar note, I got carried away a few years ago trading 3x long/short natural gas ETFs during the winter, and using margin to boot. I'm reminded of that mistake every year since, $3000 at a time.


You and a bunch of others on the money board who were in that Ugaz thread. I remember being up nearly 100% at one point and just being greedy as hell. Ended up losing 60-70% of my "investment" before I finally admitted defeat.
Jump to page
Page First 5 6 7 8 9 10
Jump to page
first pageprev pagePage 7 of 10Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram