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Investing General discussions on investing and investments: shares, bonds, commodities, forex, and funds.

   
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Old 10-10-2006, 12:13 PM
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sweet_mayhem sweet_mayhem is offline
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Default investment where you lost money but learned a lot

have you had an investment wherein you lost your money but you gained the most meaningful lesson you need to learn?
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Old 10-11-2006, 05:36 AM
duck duck is offline
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Default Re: investment where you lost money but learned a lot

I love your question. I feel like my whole life with money has been one big lesson. I should know a lot if you were to say wisdom was measured by how much money you've lost in your life

I haven't given up yet though because when I read about successful people they always talk about how much they lost at first. They lose money and they learn from it. It will be nice when I actually graduate though
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Old 10-14-2006, 01:52 PM
feline feline is offline
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Default Re: investment where you lost money but learned a lot

Last year, I spent a lot on a business that I thought would do me good. After I lost from it, I have learned the biggest lesson in my life. What are these 2 lessons:
1. Diversify your funds.
2. Never spend what you can't afford to lose.

HTH
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Old 11-27-2006, 05:27 AM
wondering wondering is offline
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Default Re: investment where you lost money but learned a lot

Yes, yes, yes. That's the key. Never ever invest money that you can't afford to lose. Whenever I dump a bit into the stocks, it's the same to me as going to a casino. If I win, great! If not, it was fun.
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