Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Recent Wonderful Opportunities to Lose Money
Old 08-25-2008, 05:32 PM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
Join Date: Apr 2003
Location: Hooverville
Posts: 22,983
Recent Wonderful Opportunities to Lose Money

I have looked back at some stocks I have either bought and then sold, or seriously looked at but passed because some aspect that I wanted was not in place. The period is the the last 18 months or so.

It's like I have been walking down the tracks listening to my Ipod. Sheer luck kept me from being turned into hamburger.

All financials. The DOW is tottering, but financials have been slaughtered. Just a few-Bank of America, AIG, Freddie Mac. A real dream team of losers. And there is no real reason to think that I would do any better now than before. In all of these I escaped, often with a few $K profit, just because I began to think- how secure is this really? Can I feel sure that declines will be limited and temporary? Do I really know much about the true determinants of success or failure here?


I have been bottom fishing for a very long time, and this I believe is the most trying, speaking solely of financials.

Eventually there will be a bottom, God willing. I hope I will still be alive and investing.

"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-25-2008, 07:13 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,446
This is why I stopped( except occasionally )investing in individual stocks . Too many sleepless night and except a few usually so -so picks .
Moemg is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Ultimate Lose-Weight, Save Money Diet Bree Other topics 39 10-02-2008 09:27 AM
ugh, this is just wonderful. dumpster56 Other topics 1 02-09-2008 03:24 AM
Wonderful forum carlg1977 Hi, I am... 25 04-09-2007 07:22 PM
Is all the Indexing money making opportunities for stock picking? Olav23 FIRE and Money 2 01-08-2007 12:40 PM
Self Storage Business Opportunities DFW_M5 FIRE and Money 5 09-11-2005 08:13 AM

» Quick Links

All times are GMT -6. The time now is 12:23 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.