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Investing, who can help me lose my money?
- Thread starter streetroc
- Start date
I did similar on the height of covid. I blindly just bought stuff. I made a lot of money but didn’t know when to sell so I also lost a lot of money. In the end I have not lost my initial investment.
I also bough world com stock in the late 90’s I think. I bought the day before they completely crashed
I also bough world com stock in the late 90’s I think. I bought the day before they completely crashed
I've had a brokerage account since the 80's. No internet and you paid commissions. Didn't trade much. Only owned familiar names. Then came the internet and eventually free trades. Have experienced several bear markets. Taught me one thing. The more I think I know, the more I realize I don't know. I know I am older now and don't need to be too risky. I now use an advisor for about half of my finances. I don't pay attention to the markets much anymore. I am positioned to weather the storms.
Just seen your post...I owned World Com too. Lying MFer. Lesson learned
Good old dead Bernie Ebbers. 100 billion $ down the drain.
Dude! Quit telling what we do every day at lunch
Buy a S&P 500 ETF and ignore it until you need the money. Or if you want to be more active/gamble, I think bank stocks are taking it on the nose right now, and are probably marked down more than the actual risk.
"You can check out anytime you like, but you can never leave"
The few hundred dollars I lost probably hurt me as much as the billions he did.
