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What's your worst trade ... ever?

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    creepycougcreepycoug Member Posts: 22,741
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    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.

    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.

    Glad to know you're doing something worthwhile with your time as well.
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    creepycougcreepycoug Member Posts: 22,741
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    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.

    We've all been saying in this money printer overtime era we're in, assets will be king.
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    Blu82Blu82 Member Posts: 1,502
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    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.

    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.

    Glad to know you're doing something worthwhile with your time as well.
    After a certain point money is nothing other than a way to keep score.
    Just wasn't a game I'm interested in playing.
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    creepycougcreepycoug Member Posts: 22,741
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    Blu82 said:

    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.

    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.

    Glad to know you're doing something worthwhile with your time as well.
    After a certain point money is nothing other than a way to keep score.
    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.
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    Blu82Blu82 Member Posts: 1,502
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    Blu82 said:

    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.

    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.

    Glad to know you're doing something worthwhile with your time as well.
    After a certain point money is nothing other than a way to keep score.
    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.
    Nothing wrong with that.
    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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    creepycougcreepycoug Member Posts: 22,741
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    Trading being single in the 80's to being married.

    That is a bad trade.
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    Blu82Blu82 Member Posts: 1,502
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    Trading being single in the 80's to being married.

    That is a bad trade.
    But not as bad as the one Tiger Woods made.
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    creepycougcreepycoug Member Posts: 22,741
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    Blu82 said:

    Trading being single in the 80's to being married.

    That is a bad trade.
    But not as bad as the one Tiger Woods made.
    Tiger Woods made a very, very bad trade.
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    Blu82Blu82 Member Posts: 1,502
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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.
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    RaceBannonRaceBannon Member, Swaye's Wigwam Posts: 101,239
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    Swaye's Wigwam
    Retirement sounds great when you're working your ass off

    In reality its not that great
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    Blu82Blu82 Member Posts: 1,502
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    Retirement sounds great when you're working your ass off

    In reality its not that great

    It's gonna take some convincing for me to buy that.

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    PurpleThrobberPurpleThrobber Member Posts: 41,806
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    I need the smell of napalm in the morning

    Although after my 2020 gap year I'm pretty fucking lazy right now

    Too much indica. Switch to sativa.

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    NorthwestFreshNorthwestFresh Member Posts: 7,972
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    Got scammed by a friend of a best friend for $5K on some leases in the Balkans. Brilliant move by the guy if shitting over everyone you know in your life for $10 million of leases that are going away now counts. I keep waiting to here about his impending suicide.

    So, that’s not bad a loss but it was completely shady but legal and I trusted a best friend on it.
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    NorthwestFreshNorthwestFresh Member Posts: 7,972
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    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.

    I think that everyone misses once in a while but you figured it out.
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    whlinderwhlinder Member Posts: 4,273
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    Standard Supporter
    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.

    YOLO, so if it makes you happy do it and don’t look back.

    You also can’t get time back.
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    Blu82Blu82 Member Posts: 1,502
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    I haven't looked back until someone asked me to.
    I told her to look back for me. Haven't heard back.
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    TequillaTequilla Member Posts: 19,815
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    I was 10 ...

    I'll just say that I traded 1 super iconic card for another super iconic card.

    The only thing that makes it reasonably close is that the condition of the card I traded wasn't as good as the one that I got back (as part of a sealed complete set) ...

    But there's virtually no chance that the Griffey Upper Deck rookie I got back will ever be as valuable as the card I traded/sold to get that set.
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