What's your worst trade ... ever?
Comments
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Listen, you're not going to get second guessing from me. If selling after the 180 day lock up would have put me in retirement, I'd have done the same thing.Blu82 said:I was part of a startup that went public in 2004.
ASAP after the IPO, I sold the stock as fast as legally possible.
This move cost me more than I can imagine over the past 16 years.
However, I have complete peace of mind and retired at 45.
Since I'm lead a fairly conservative lifestyle I'm able to spend my time and money changing the lives of others.
Essentially, I traded for lifestyle.
Comment on this if you like. I'm always curious about such things.
All opinions presented respectfully are always appreciated.
Glad to know you're doing something worthwhile with your time as well. -
We've all been saying in this money printer overtime era we're in, assets will be king.HoustonHusky said:The rational side of me agrees wholeheartedly with the idea of paying your house off, not buying in this market, conservative mortgage, etc.
The sad part of me thinks that rational logic gets screwed...you print money year over year and asset prices go up. Those people get screwed, and the folks that ride that monetary wave up are the ones that own/lever-up to own assets. -
After a certain point money is nothing other than a way to keep score.creepycoug said:
Listen, you're not going to get second guessing from me. If selling after the 180 day lock up would have put me in retirement, I'd have done the same thing.Blu82 said:I was part of a startup that went public in 2004.
ASAP after the IPO, I sold the stock as fast as legally possible.
This move cost me more than I can imagine over the past 16 years.
However, I have complete peace of mind and retired at 45.
Since I'm lead a fairly conservative lifestyle I'm able to spend my time and money changing the lives of others.
Essentially, I traded for lifestyle.
Comment on this if you like. I'm always curious about such things.
All opinions presented respectfully are always appreciated.
Glad to know you're doing something worthwhile with your time as well.
Just wasn't a game I'm interested in playing. -
Me either. As a slow strategy guy who has indulged his children, I still work. I could stop now in my early 50s, but I'm not quite where I want to be for that yet, and not really ready to do it in other respects as well.Blu82 said:
After a certain point money is nothing other than a way to keep score.creepycoug said:
Listen, you're not going to get second guessing from me. If selling after the 180 day lock up would have put me in retirement, I'd have done the same thing.Blu82 said:I was part of a startup that went public in 2004.
ASAP after the IPO, I sold the stock as fast as legally possible.
This move cost me more than I can imagine over the past 16 years.
However, I have complete peace of mind and retired at 45.
Since I'm lead a fairly conservative lifestyle I'm able to spend my time and money changing the lives of others.
Essentially, I traded for lifestyle.
Comment on this if you like. I'm always curious about such things.
All opinions presented respectfully are always appreciated.
Glad to know you're doing something worthwhile with your time as well.
Just wasn't a game I'm interested in playing. -
Nothing wrong with that.creepycoug said:
Me either. As a slow strategy guy who has indulged his children, I still work. I could stop now in my early 50s, but I'm not quite where I want to be for that yet, and not really ready to do it in other respects as well.Blu82 said:
After a certain point money is nothing other than a way to keep score.creepycoug said:
Listen, you're not going to get second guessing from me. If selling after the 180 day lock up would have put me in retirement, I'd have done the same thing.Blu82 said:I was part of a startup that went public in 2004.
ASAP after the IPO, I sold the stock as fast as legally possible.
This move cost me more than I can imagine over the past 16 years.
However, I have complete peace of mind and retired at 45.
Since I'm lead a fairly conservative lifestyle I'm able to spend my time and money changing the lives of others.
Essentially, I traded for lifestyle.
Comment on this if you like. I'm always curious about such things.
All opinions presented respectfully are always appreciated.
Glad to know you're doing something worthwhile with your time as well.
Just wasn't a game I'm interested in playing.
The biggest problem in making decisions is that everyone has a god and a religion.
Most just don't know it.
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Trading being single in the 80's to being married.
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That is a bad trade.PurpleThrobber said:Trading being single in the 80's to being married.
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But not as bad as the one Tiger Woods made.creepycoug said:
That is a bad trade.PurpleThrobber said:Trading being single in the 80's to being married.
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Tiger Woods made a very, very bad trade.Blu82 said:
But not as bad as the one Tiger Woods made.creepycoug said:
That is a bad trade.PurpleThrobber said:Trading being single in the 80's to being married.
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His ex must have really nailed him with that 9 iron.
White men can't jump and Tiger can't see.
