Your biggest "Missed Money" event that still kills you?

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
investingdad
Posts: 1333
Joined: Fri Mar 15, 2013 10:41 pm

Your biggest "Missed Money" event that still kills you?

Post by investingdad » Mon Aug 18, 2014 10:15 am

Is there one opportunity that you had to make a tidy sum of money that you somehow managed to mess up and it still kills you years later?

I realize that investing in individual stocks is not consistent with the Boglehead philosophy, but I still maintain a small amount of money in a trading account that I use as play money.

So what's the one trade I made that I still bang my head over? This one:

- bought 760 shares of Western Refining in 2010 for $5 a share
- no dividend payout at that time
- sold all shares less than a year later for $7 a share

Not bad right?

Look it up today...trading for over $40 a share with over $1 per share yearly dividend.

Awesome. :annoyed

rjm_cali
Posts: 102
Joined: Thu Apr 10, 2014 1:52 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by rjm_cali » Mon Aug 18, 2014 10:18 am

Missed money event that still bugs me ?

Investing in company pension funds for 20 years and never looking at what they were doing with my money (and my future)....

westcoast
Posts: 172
Joined: Tue Mar 13, 2012 6:50 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by westcoast » Mon Aug 18, 2014 10:20 am

Not listening to my wife, she wanted to buy Netflix several years ago at $20 a share and Starbucks don't remember the price of it though. Now we don't buy individual stocks.

kaudrey
Posts: 924
Joined: Fri Nov 22, 2013 2:40 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by kaudrey » Mon Aug 18, 2014 10:21 am

Not investing in Under Armour many years ago when our best friends suggested it (they have made a TON).

TareNeko
Posts: 579
Joined: Wed Aug 14, 2013 1:27 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by TareNeko » Mon Aug 18, 2014 10:22 am

Becoming a boglehead too late...

fungus_amungus
Posts: 53
Joined: Sun Sep 29, 2013 7:37 am

Re: Your biggest "Missed Money" event that still kills you?

Post by fungus_amungus » Mon Aug 18, 2014 10:25 am

Bought 1000 shares of SIGA at a buck and change and didn't sell when it was at 15 something a share.

barnaclebob
Posts: 2745
Joined: Thu Aug 09, 2012 10:54 am

Re: Your biggest "Missed Money" event that still kills you?

Post by barnaclebob » Mon Aug 18, 2014 10:27 am

I really considered buying trip adviser when it had its split/IPO from expedia at $35/share. I had used the website before and will pretty much only use it when planning vacations. I rationalized that the market had accurately priced trip adviser into expedia...

But I would only have put 5k in so while i could have made a nice chunk of many it would have been far from life changing.

Briefly considered a few bitcoins after the first plunge when they were around $100.

Mike Scott
Posts: 846
Joined: Fri Jul 19, 2013 2:45 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by Mike Scott » Mon Aug 18, 2014 10:35 am

We started saving early but I wish we had saved more then and that I had known more of what I know now. There were a couple of items bought with borrowed money 20 years ago that I would like to take back.

User avatar
mhc
Posts: 3696
Joined: Mon Apr 04, 2011 10:18 pm
Location: NoCo

Re: Your biggest "Missed Money" event that still kills you?

Post by mhc » Mon Aug 18, 2014 10:36 am

investingdad wrote:Is there one opportunity that you had to make a tidy sum of money that you somehow managed to mess up and it still kills you years later?
I have definitely made some bad decisions, but no regrets. I think I have too many other things going on in life to worry about past mistakes. I just chalk it up to the cost of learning.

22twain
Posts: 1407
Joined: Thu May 10, 2012 5:42 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by 22twain » Mon Aug 18, 2014 10:43 am

I received an inheritance in late 2008, right when the market was starting to plunge. I put it all in CDs for safety.

My mistake was waiting two years to put it in the market, instead of doing it when the first round of CDs matured in spring/summer 2009. :annoyed
My investing princiPLEs do not include absolutely preserving princiPAL.

User avatar
StealthWealth
Posts: 99
Joined: Tue Apr 26, 2011 11:48 am

Re: Your biggest "Missed Money" event that still kills you?

Post by StealthWealth » Mon Aug 18, 2014 10:50 am

I was doing my PhD in a computational intensive area and we had a ton of very powerful servers. There were times when they were not fully utilized and I considered leveraging the idle servers for bitcoin mining. This was in 2010 and there would have been absolutely zero cost to doing so (electricity paid for by the University!). I have no idea what it could have generated but I imagine it would have been a tidy sum. It is probably good that I didn't do it because I could envision a scenario where there might have been some repercussions for leveraging publicly funded infrastructure to generate wealth for an individual. It definitely doesn't kill me, but I did find myself wondering the other day what it would be worth.

bloom2708
Posts: 4285
Joined: Wed Apr 02, 2014 2:08 pm
Location: Fargo, ND

Re: Your biggest "Missed Money" event that still kills you?

Post by bloom2708 » Mon Aug 18, 2014 10:53 am

Not saving more in our 401k in the "early years". We did the "6% to receive a 3% match"for the first 5-6 years after college. We could have/should have saved more when our expense were low and we had no kids.

I couple years back I bought 6% of a commercial real estate building. I could have bought in for a much higher percentage. The lease is amazing and the beer business in the building is growing like gang busters. Should have put more in. Hindsight.
"We are here not to please but to provoke thoughtfulness" Unknown Boglehead

FinancialDave
Posts: 1547
Joined: Thu May 26, 2011 9:36 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by FinancialDave » Mon Aug 18, 2014 10:55 am

Erhan wrote:Becoming a boglehead too late...
The above is certainly true, but not buying into Microsoft at a now adjusted price of 7 CENTS, is one that still haunts me - only because I wanted to get into the IPO but could not and when it came out, it jumped up and didn't look back, so I just took it off my radar.

:oops:
I love simulated data. It turns the impossible into the possible!

User avatar
VictoriaF
Posts: 18311
Joined: Tue Feb 27, 2007 7:27 am
Location: Black Swan Lake

Re: Your biggest "Missed Money" event that still kills you?

Post by VictoriaF » Mon Aug 18, 2014 10:56 am

Non, Je Ne Regrette Rien,

Victoria
WINNER of the 2015 Boglehead Contest. | Every joke has a bit of a joke. ... The rest is the truth. (Marat F)

User avatar
DonCamillo
Posts: 1014
Joined: Tue Nov 26, 2013 10:27 pm
Location: Northern New Jersey

Re: Your biggest "Missed Money" event that still kills you?

Post by DonCamillo » Mon Aug 18, 2014 11:01 am

VictoriaF wrote:Non, Je Ne Regrette Rien,

Victoria
Moi aussi
Les vieillards aiment à donner de bons préceptes, pour se consoler de n'être plus en état de donner de mauvais exemples. | (François, duc de La Rochefoucauld, maxim 93)

Grt2bOutdoors
Posts: 18588
Joined: Thu Apr 05, 2007 8:20 pm
Location: New York

Re: Your biggest "Missed Money" event that still kills you?

Post by Grt2bOutdoors » Mon Aug 18, 2014 11:01 am

The Williams Companies traded at 88 cents a share in 2004 after having been accused of rigging the California power markets (electricity) - the company had then and still has one of the largest natural gas pipelines in the country along with numerous midstream processing plans and terminals nationwide. Today, the stock is trading at $47 with a $2 dividend projected to increase in excess of 6% per year. :oops:

Apple Computer traded at $14 pre-split in late 2004 - today it trades at the equivalent price of $1,400. :oops:

Unlucky once, is bad enough - twice? :oops: :oops: :oops:
"One should invest based on their need, ability and willingness to take risk - Larry Swedroe" Asking Portfolio Questions

bradshaw1965
Posts: 670
Joined: Tue Jul 31, 2007 9:36 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by bradshaw1965 » Mon Aug 18, 2014 12:16 pm

Not really a deep regret, but I sold off a decent bit of Apple stock before the big climb because I wanted to get out of individual stocks. Still think it was the right move, because it might have stoked the fires of the perception of my ability to pick stocks.

bnes
Posts: 391
Joined: Thu May 22, 2014 12:29 am
Contact:

Re: Your biggest "Missed Money" event that still kills you?

Post by bnes » Mon Aug 18, 2014 12:25 pm

I bought NetFlix shortly after IPO. I sold the shares between bubbles at barely over $100.
Last edited by bnes on Mon Aug 18, 2014 12:32 pm, edited 1 time in total.

User avatar
prudent
Moderator
Posts: 5493
Joined: Fri May 20, 2011 2:50 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by prudent » Mon Aug 18, 2014 12:26 pm

I quit looking back at missed opportunities because my brain kept messing with me.

- Look, prudent, THIS situation is JUST like that other one!
- And you messed it up that time
- So don't do what you did before

I have to look at each decision with a fresh eye or I pollute my thinking by comparing to past situations.

bnes
Posts: 391
Joined: Thu May 22, 2014 12:29 am
Contact:

Re: Your biggest "Missed Money" event that still kills you?

Post by bnes » Mon Aug 18, 2014 12:30 pm

I bought a house that was a fixer prior to sale.

The selling Realtor had handled renovations, hiring all the contractors. Two contractors told him of rot and termites. The Realtor told the floor contractor to put in new baseboards to cover up the rot. The Realtor told another contractor to work without permits to speed the job. I have both assertions in writing.

My mistake was not contacting an attorney. Instead I worked through the Realty Association, filing an ethics complaint. They said that the Realtor was not an expert in home renovation and thus not competent to understand the implications of the above. Thus it was ethical as far as they were concerned. And that by taking the case to them, I could not take it anywhere else.

leonard
Posts: 5993
Joined: Wed Feb 21, 2007 11:56 am

Re: Your biggest "Missed Money" event that still kills you?

Post by leonard » Mon Aug 18, 2014 12:38 pm

Naw. Realized a long time ago that I can't predict the future.
Leonard | | Market Timing: Do you seriously think you can predict the future? What else do the voices tell you? | | If employees weren't taking jobs with bad 401k's, bad 401k's wouldn't exist.

User avatar
1210sda
Posts: 1403
Joined: Wed Feb 28, 2007 8:31 am

Re: Your biggest "Missed Money" event that still kills you?

Post by 1210sda » Mon Aug 18, 2014 12:39 pm

"Your biggest 'Missed Money' event that still kills you?"

None !!

Various missed money events in my youth....but NONE that still kill me. :wink:

1210

Gecko10x
Posts: 147
Joined: Thu Jun 06, 2013 8:10 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by Gecko10x » Mon Aug 18, 2014 12:46 pm

I owned and sold 93 shares of Apple @ $15/share ... back around 2003?... which was before a 2:1 and a 7:1 split. :oops:

User avatar
jeff1949
Posts: 650
Joined: Mon Mar 05, 2007 10:43 am
Location: Salem, OR

Re: Your biggest "Missed Money" event that still kills you?

Post by jeff1949 » Mon Aug 18, 2014 12:54 pm

Not being able to sell my stock in Enron when I wanted to. I was having trouble changing brokers and needed a signature guarantee to do it so that I could save a bunch on selling fees. Ended up putting it off and lost a potential $120k before they went bankrupt. Ugh. Thanks for reminding me. :(

I don't have any individual stocks now........just VG Index Funds.

:moneybag

Tom_T
Posts: 1465
Joined: Wed Aug 29, 2007 2:33 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by Tom_T » Mon Aug 18, 2014 1:34 pm

Gecko10x wrote:I owned and sold 93 shares of Apple @ $15/share ... back around 2003?... which was before a 2:1 and a 7:1 split. :oops:
I feel your pain. In 1983, when I was in graduate school, we had to write reports on Apple. The stock price was around $60; split-adjusted, around $8. I had thought about buying some shares. A couple of years later, it had dropped to a split-adjusted price of $2. Of course, everyone knew that Apple was falling apart and had no future. :)

Then there were the early years of Microsoft and Dell and Yahoo, but I don't want to think about it.

P.S. The Internet tells me that a $10,000 investment in Apple in 2004 is now worth $450,000. And that's just ten years ago.

H.G. Wells, could you please deliver a time machine to me?

poker27
Posts: 727
Joined: Mon Apr 01, 2013 2:48 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by poker27 » Mon Aug 18, 2014 1:38 pm

I will list a non BH one and a BH one.

During the 2009 panic, a coworker invested in Sirius while there were talks of BK. he invested 2k when the stock was around .10. I decided to gamble a few bucks and threw a few hundred at the stock. Well I wish I have gameled more, a lot more

Same during the financial crisis, my income is closely tied to the economy (I'm in sales), and changed roles in 2008. I dropped my contribution % to something around 3-5%, I believe. I did buy a few blue chip stocks which gave me a nice return, but wish I would have taken advantage of tax free. This was obviously pre BH.

Jack FFR1846
Posts: 7185
Joined: Tue Dec 31, 2013 7:05 am

Re: Your biggest "Missed Money" event that still kills you?

Post by Jack FFR1846 » Mon Aug 18, 2014 1:43 pm

In 1975, I was offered cars to buy. Each was $2500. 67 big block 4 speed corvette, 63 1/2 ford lightweight and a superbird. I also sold my 50k mile 90 BMW M3 in 1997 for $15k, nust before they went up in value.
Bogle: Smart Beta is stupid

Bacchus01
Posts: 1704
Joined: Mon Dec 24, 2012 9:35 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by Bacchus01 » Mon Aug 18, 2014 1:44 pm

Not selling my stock options when the stock was at $72 in Dec 2008. By March of 2009 it was $3.50. It has since recovered to $40, but I left that company in 2010. That cost me mid 6-figures.

Conversely, in early 2009 I had a brief idea to move all my 401K into company stock at $3.50. Had I done that, the 401K balance today would be nearly 8X what it is today.

Buying $180,000 of company stock at a discount at the IPO for $18/share. It opened at around $20/share and I thought I did well. I decided to hold out for a year to avoid short term gains. It dropped to $12.50 at one point and I felt like a fool at $18. I eventually sold it at about month 13 for $21.50/share. Still did quite well, but would have actually done just as well with less angst had I just put it in S&P 500 mutual fund. I also would not have cashed out and paid any LTCG taxes either.

Had I done these 3 things above, I would like have a portfolio of $3.6M. Instead it is just $1.5M.

Do I lost sleep over any of these? Nope. Can't change it. And I'm living better than 99% of the world's population.

IlliniDave
Posts: 2281
Joined: Fri May 17, 2013 7:09 am

Re: Your biggest "Missed Money" event that still kills you?

Post by IlliniDave » Mon Aug 18, 2014 2:03 pm

No one thing, but I do wish I'd been more knowledgeable and started investing with my first job in HS, through college, and more aggressively in my early professional years. Time is the key to it all.
Don't do something. Just stand there!

User avatar
Ged
Posts: 3549
Joined: Mon May 13, 2013 1:48 pm
Location: Roke

Re: Your biggest "Missed Money" event that still kills you?

Post by Ged » Mon Aug 18, 2014 2:13 pm

Not buying Intel stock in 1973. I was a hobbyist at the time messing with the first home computers.

User avatar
InvestorNewb
Posts: 1583
Joined: Mon Sep 03, 2012 11:27 am

Re: Your biggest "Missed Money" event that still kills you?

Post by InvestorNewb » Mon Aug 18, 2014 2:15 pm

Not starting in 2009.
My Portfolio: VTI [US], VXUS [Int'l], VNQ [REIT], VCN [Canada] (largest to smallest)

levendis
Posts: 59
Joined: Fri Feb 10, 2012 12:58 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by levendis » Mon Aug 18, 2014 2:18 pm

I almost bought a $100 or so of bitcoins back when they were going for about a dollar each...

User avatar
kenyan
Posts: 2922
Joined: Thu Jan 13, 2011 12:16 am

Re: Your biggest "Missed Money" event that still kills you?

Post by kenyan » Mon Aug 18, 2014 2:20 pm

Nothing, really. I'm not going to pretend that I was contemplating sinking my life savings into Apple/Netflix/bitcoins/whatever and didn't, so I don't consider those to somehow be missed opportunities. I've had people recommend various stocks that did nothing, and I'm sure that most of those who are bemoaning the recommendations they didn't follow up on also received plenty of other recommendations that didn't turn out so rosy; those just don't stick in the memory quite as vividly.

Sure, there are a couple of shoulda coulda decisions in my past, but those are cheap lessons at this point, and I haven't made any terrible mistakes. Hopefully I can continue to say the same for decades to come.
Retirement investing is a marathon.

Ron
Posts: 6312
Joined: Fri Feb 23, 2007 7:46 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by Ron » Mon Aug 18, 2014 2:30 pm

In the early 70's, there was a plot of land (<2.5 acres) that had a vacated (falling down) farmhouse on it that was to be sold for around $5k (today's inflated rate would be just under $30k). While I didn't see any value in the home, I did see possible future value in the land due to its location.

I had just received my military discharge (draft), working in a low paying job (today's inflated income of around $37k/year) and had a wife/child to support. My wife could not work at the time due to our disabled son's needs, so we were really just "surviving" at the time. Regardless of my foresight, there was no way that I/we could ever afford to buy the land - regardless of the price.

It seemed my hunch was correct. Within ten years, the large plot of land across the boulevard (then, a farmer's field) was sold to what turned out to be the region's largest hospital, and the area's biggest employer.

The plot of land I was interested in was sold and a commercial building (which now contains doctor's offices) was developed to support the services of the hospital.

According to current tax assessment records, the land (not including the building), has a current taxable value of just over $900k.

While the situation didn't "kill me" (I'm still kicking :happy ), every once in awhile I think of what could have been. In reality, even if I could have afforded the property, I'm sure I would have sold it rather than held it to today, at today's inflated price. Regardless of the gain, it still is a lost opportunity.

Oh well...

- Ron

fsrph
Posts: 942
Joined: Sun Jul 26, 2009 7:54 pm
Location: Pa.

Re: Your biggest "Missed Money" event that still kills you?

Post by fsrph » Mon Aug 18, 2014 2:32 pm

Not taking money off the table during the Internet bubble. Internet stocks were going up $50+ some days. Let it ride, why not? Lesson learned.

Francis
"Success is getting what you want. Happiness is wanting what you get." | Dale Carnegie

111
Posts: 210
Joined: Sat Mar 03, 2012 5:20 am

Re: Your biggest "Missed Money" event that still kills you?

Post by 111 » Mon Aug 18, 2014 2:35 pm

I once quit a job to go back to school and then 3 months later they downsized and offered people like 20K + money to go back to school to people willing to quit. Of course, I had no way of knowing that was going to happen so it doesn't really kill me.

User avatar
linenfort
Posts: 2037
Joined: Sat Sep 22, 2007 9:22 am
Location: #96151D

Re: Your biggest "Missed Money" event that still kills you?

Post by linenfort » Mon Aug 18, 2014 2:58 pm

A pre-nup. ;-)

Also, I wish I had bought more Tesla. It doesn't "kill" me, but it's definitely in woulda/coulda/shoulda territory.
Is it too early for an all-bond-portfolio thread?

Crow Hunter
Posts: 884
Joined: Wed Jun 27, 2012 12:05 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by Crow Hunter » Mon Aug 18, 2014 3:21 pm

#1 Not buying gold and silver coins back around 2003-04 time frame.

I have always wanted some (from my D&D playing days) but I decided not to buy them because the price had gone up a little and I would just wait until the price went down some.... :oops:

#2 Listening to Dave Ramsey in 2007-2008 and only putting 15% of our income into retirement and using the rest to pay down debt.

Prior to that point I had been maxing out my and my wife's 401k. So I paid more in taxes AND didn't buy anywhere near as much "on sale" stock funds. I didn't have much choice in 2007 due to moving to a new job but I could have maxed out in 2008 for both mine and my wife's accounts. :oops:

#3 Recently inheriting 1,323 shares of AT&T stock and selling them as soon as I moved them to Vanguard only to see the price rise nearly $1/share. That cured me of wanting to buy/sell individual stocks.

#4 Having someone offer to buy a plot of timberland in Feb of last year (that I didn't even have for sale) and holding out for $10,000 more instead of just taking the cash and putting it into a taxable account.

I have a bunch more. 8-)

Buckeye
Posts: 460
Joined: Mon Feb 26, 2007 3:08 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by Buckeye » Mon Aug 18, 2014 3:26 pm

About 7 years ago my wife said would we should by stock in this new eatery that had opened up nearby.

She loved the food!

I did my investigation and analysis and determined that we had already missed the easy money and that Chipotle stock wasn't going much higher anytime soon. :annoyed

Gill
Posts: 4375
Joined: Sun Mar 04, 2007 8:38 pm
Location: Florida

Re: Your biggest "Missed Money" event that still kills you?

Post by Gill » Mon Aug 18, 2014 4:00 pm

Sold my house in Southwest Florida for $350,000. Not a bad profit, having paid $142,000 a number of years earlier. However, the purchaser sold it six years later for nearly one million.

Had the same experience with the next house. Bought it in 1995 for $255,000 and sold it for $308,000 three years later. Again, thought I had made a nice profit until I learned the buyer later sold it in 2005 at the peak of the Florida book for $800,000.

Can't dwell on these things... Guess I shouldn't have changed houses quite so often.
Gill

technovelist
Posts: 2917
Joined: Wed Dec 30, 2009 9:02 pm
Contact:

Re: Your biggest "Missed Money" event that still kills you?

Post by technovelist » Mon Aug 18, 2014 4:18 pm

Buying silver on the day of the top in 1980... on margin.
Well, actually, I didn't miss that opportunity: I "took advantage" of it. :oops:
But at least it cured me of using margin!
In theory, theory and practice are identical. In practice, they often differ.

gvsucavie03
Posts: 1293
Joined: Sat Feb 16, 2013 8:30 am

Re: Your biggest "Missed Money" event that still kills you?

Post by gvsucavie03 » Mon Aug 18, 2014 4:27 pm

Hindsight is 20/20, but FWIW...

Spending too much in college and having to still be paying off loans 9 years later. We could be so much further along than we are now if we didn't start married life with close to $60,000 in debt on a starting teacher's salary.

kermit
Posts: 206
Joined: Mon Feb 08, 2010 8:11 am

Re: Your biggest "Missed Money" event that still kills you?

Post by kermit » Mon Aug 18, 2014 4:58 pm

I was offered to take a sign on bonus in cash or RSUs at a pre IPO company that eventually IPO'd. At the time let's say the company was worth x (internal valuations). At time of IPO it was valued at 17x. Can't complain too much as things have worked out very well but if I took the RSUs we'd be set for life.

island
Posts: 1722
Joined: Tue Jul 23, 2013 1:45 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by island » Mon Aug 18, 2014 5:50 pm

Years ago DH bought a big chunk of Qualcomm stock, but we chickened out and sold it quickly. Then it took off like a rocket and would have been worth a ton if we kept it. Oh well c'est la vie, not something that kills us to think about.

Alex Frakt
Founder
Posts: 10851
Joined: Fri Feb 23, 2007 1:06 pm
Location: Chicago
Contact:

Re: Your biggest "Missed Money" event that still kills you?

Post by Alex Frakt » Mon Aug 18, 2014 5:53 pm

I should have put it all on Buster Douglas at 35-1. I knew Tyson was ripe for a fall.

Seriously, what's the point of this?

User avatar
Toons
Posts: 12790
Joined: Fri Nov 21, 2008 10:20 am
Location: Hills of Tennessee

Re: Your biggest "Missed Money" event that still kills you?

Post by Toons » Mon Aug 18, 2014 5:55 pm

Can't really think of any missed money events. :happy
"One does not accumulate but eliminate. It is not daily increase but daily decrease. The height of cultivation always runs to simplicity" –Bruce Lee

SpaceCowboy
Posts: 864
Joined: Sun Aug 12, 2012 12:35 am

Re: Your biggest "Missed Money" event that still kills you?

Post by SpaceCowboy » Mon Aug 18, 2014 6:01 pm

Not joining the pre-IPO tech company that later IPO'd and then was bought for $40bn. Stayed at Megacorp and with my then girlfriend who has been my DW for 20+ years, so it worked out on the life side of things.

User avatar
Crimsontide
Posts: 722
Joined: Fri Oct 25, 2013 5:32 pm
Location: DFW Metromess

Re: Your biggest "Missed Money" event that still kills you?

Post by Crimsontide » Mon Aug 18, 2014 6:07 pm

There hasn't been anything yet that I haven't been able to get over. There is the whole sordid AG Edwards affair, but I just chalk that up to learning a life lesson...

chameleon
Posts: 64
Joined: Tue Aug 20, 2013 11:17 pm

Re: Your biggest "Missed Money" event that still kills you?

Post by chameleon » Mon Aug 18, 2014 7:10 pm

Loading up on apple in 2004 wouldn't have made a lot of sense then unless you were a tech nostradamus. The only good product they had was the MAC book and I think the ipod was still in infancy stages. The iphone was still a good 3 years away. There's no way anyone could have predicted all this popularity as a certainty so you really can't view this as a "missed" opportunity.

harrychan
Posts: 1396
Joined: Sun Nov 14, 2010 9:37 pm
Location: Pasadena

Re: Your biggest "Missed Money" event that still kills you?

Post by harrychan » Mon Aug 18, 2014 7:12 pm

Two years ago I came across bitcoin and it caught my interest. I started researching on how to build a rig to mine bitcoin bit thought it was too much power for the house and gave up. I started looking into buying bitcoins but never followed through. Doesn't "kill me" per se but I have thought "what if" a few times.
This is not legal or certified financial advice but you know that already.

Post Reply