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What Investing Mistakes Have You Made? - Page 2

post #16 of 20
5/8/10 at 4:42am
I went about 3/4 in when things went down to 6000 or so. I should have gone all in.
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post #17 of 20
5/8/10 at 4:48am
styleforum. since being here I've dropped enough to kop a house in a bumfuck town
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post #18 of 20
5/8/10 at 3:20pm
I bought some stuff earlier this week and am probably down 10% because of it

I once bought a retailer that was selling for $2 more than book value and was profitable and such Bought it and it started going up Then the CFO/CEO came out and said all the books were cooked and it was a huge sham and the company went bankrupt That was fraud, so not my fault, but it still suuuuuucked.

And then there is that AIG stock I bought a few years ago . . .
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post #19 of 20
5/8/10 at 6:48pm
Actually there's an old market saying "sell in May and go away", whichi is basically market timing. They did a study where they looked at returns of selling in May then buying in December, and got decent results vs a pure buy-and-hold strategy.
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post #20 of 20
5/8/10 at 7:39pm
I day-traded as a 'hobby' in 2000/01. Was ahead for a while and lost everything at the time ($5000). Learned a good lesson. I have a gambling instinct but not an investing instinct.
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