SoReadyToRetire
Recycles dryer sheets
Sigh. A few months ago I was flying high and getting excited about the prospect of FIRE-ing. (I'm 60 and was looking seriously at 62 to retire.)
Fast forward to end of 2018 and I lost nearly $40K out of my pocket because I was chasing profits in a company started by someone I knew well. Stock was at $288/share and projected to go to $400. Yeah, right. It's around $145 today. OUCH.
And on top of that, my DH and I *both* invested our 401k's in pretty high-risk funds that did great while things were great, but ... well, you know the rest.
So now we've lost nearly a year of gains in our 401k's AND all that liquid cash. (I know it's not "lost" until I sell my stock, and I'm holding on optimistically--am only down $33K now).
Anybody else in here been as foolish as us and had to postpone FIRE?
Fast forward to end of 2018 and I lost nearly $40K out of my pocket because I was chasing profits in a company started by someone I knew well. Stock was at $288/share and projected to go to $400. Yeah, right. It's around $145 today. OUCH.
And on top of that, my DH and I *both* invested our 401k's in pretty high-risk funds that did great while things were great, but ... well, you know the rest.
So now we've lost nearly a year of gains in our 401k's AND all that liquid cash. (I know it's not "lost" until I sell my stock, and I'm holding on optimistically--am only down $33K now).
Anybody else in here been as foolish as us and had to postpone FIRE?