DroopyDog
Dryer sheet aficionado
- Joined
- Feb 15, 2008
- Messages
- 25
What I've learned:
Past performance is no indicator of future results
. I had biased my investments slightly to foreign investments since they seemed to be holding up better in the credit crisis. Of course, now it turns out they just hadn't been affected yet...
6 months ago everyone was worrying about the weakness of the dollar compared to the euro. Now it seems everything has flip-flopped.
My biggest "mistake" is that I reinvested most of the proceeds from a large stock sale too soon rather than wait with cash. But without the benefit of hindsight, I don't know if I really could have done anything differently.
At least I can do a lot of tax-loss harvesting to offset my winnings.
Droopy
Past performance is no indicator of future results
. I had biased my investments slightly to foreign investments since they seemed to be holding up better in the credit crisis. Of course, now it turns out they just hadn't been affected yet...6 months ago everyone was worrying about the weakness of the dollar compared to the euro. Now it seems everything has flip-flopped.
My biggest "mistake" is that I reinvested most of the proceeds from a large stock sale too soon rather than wait with cash. But without the benefit of hindsight, I don't know if I really could have done anything differently.
At least I can do a lot of tax-loss harvesting to offset my winnings
. Droopy
