What's your worst trade ... ever?
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Same. When you look at the housing price graph, if you look at the date on the day prices topped out before they started dropping, that's the day we signed on our house.1to392831weretaken said:Not a stock trade or anything, but I bought my house in May of 2008. 'Nuff said about my financial acumen.
We're in a pretty good position on it now, but that took a while. If I had a clue I'd sell it right now - I can't believe what the house next door just sold for. Olympia prices are ridiculous and the offers come piling in. -
That made me lol because I know what those properties are today.RaceBannon said:I really can't top my dad despite my brother and I getting hoodwinked on a land deal
The Ballroom had a piece of land at Marvin Road and Martin Way for a bill board. He sold it before the 5 came through and Chevron built a gas station there
Another client gave him a piece of land on the west side because he couldn't pay the fee and my dad sold that before it became part of the Capital Mall
Runs in the family
You should have been some rich prick whose dad bought him a Corvette. -
I think I can run with you guys. I let a retail stooge at Morgan Stanley talk me into putting in $20k in the Alliance Tech Fund, B shares (so I couldn't get out without a hit) in, get ready for it ...
March of 2000.
For you youngin's, go do your homework and you'll undertand. -
Not me, but a buddy of mine got a summer job painting houses think of the of those student painting jobs. The girl he was working for decided to pay with sexual favors instead of cash. Anyways being desperate he stuck around a month. Lolz.
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I’m very familiar with that timeframe.creepycoug said:I think I can run with you guys. I let a retail stooge at Morgan Stanley talk me into putting in $20k in the Alliance Tech Fund, B shares (so I couldn't get out without a hit) in, get ready for it ...
March of 2000.
For you youngin's, go do your homework and you'll undertand.
I bought 500 shares of some tech company at $7.00. A few months later and it was climbing fast and was at $63.00 so I put in a sell order at $70.00. That week was when the bubble burst. It was at $3.00 the next morning and never recovered. A few years later it was gently erased from my portfolio. -
I bought 100 shares of MSFT in late March 1986, sold it before the end of April and pocketed a niiiice tidy 20% Profit in less than a month!
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Oh, so you bought it with “No Commission” lolcreepycoug said:I think I can run with you guys. I let a retail stooge at Morgan Stanley talk me into putting in $20k in the Alliance Tech Fund, B shares (so I couldn't get out without a hit) in, get ready for it ...
March of 2000.
For you youngin's, go do your homework and you'll undertand.
Kinda just like Robinhood! -
Exactly. Pay me now; or pay me later.doogie said:
Oh, so you bought it with “No Commission” lolcreepycoug said:I think I can run with you guys. I let a retail stooge at Morgan Stanley talk me into putting in $20k in the Alliance Tech Fund, B shares (so I couldn't get out without a hit) in, get ready for it ...
March of 2000.
For you youngin's, go do your homework and you'll undertand.
Kinda just like Robinhood! -
Bought CHS Electronics cheap in the mid 90's, followed it up nearing 10 bagger status .... and then down into pink sheet territory as the company went bust after it was revealed that the books had been cooked. I learned Cramer's lesson, bulls make money, bears make money, hogs get slaughtered. The CEO, Claudio Osario also ultimately learned a lesson after more malarkey with Innovida. He's chilling in a federal detention center.
