Your Costliest Mistake?

Not selling all my shares and options in the company I work for when the stock peaked. I would have grossed over $500,000.

:smack: :smack: :smack:

The stock is now at about 1/8th the value, but it was even lower about 6 months ago, so is on the upswing. Many of my friends got laid off back then and were forced to exercise and sell their options at the stocks historic low.

Laughing, my old roommate was one of the first employees of Amazon. He hung onto his (massive amounts of) stock all … the … way … down. He’s still got it, at least, so there’s still hope!

Having or being?

Yes, that’s what I keep telling myself: there’s still hope, there’s still hope.

Don’t feel so bad if you still have the stock- To me I view things like stocks as only valued in $$ when they are actually sold/excersised/whatever.

My costliest mistake? Taking a wrong turn on the way to getting my photo ID for work, and winding up getting in a car accident, deemed my fault (long story). Had to replace the car, and combined with increased insurance costs, is costing me about $6,980. My mother, being the saint she is, loaned me a sizable sum (5 thousand) to help replace the car. However, as of this post, I still currently owe her $4,000. :frowning:

Relying on the Today Sponge. Should have learned my lesson the first time when I had to go to the ER to have it removed because it had turned around. And no, the sex was not that good!

Between smoking crack, a dwi conviction and a violent crime in which I was also convicted I’d say It’s all been rather costly.

I’ve learned that asaulting people with pipes is wrong, driving drunk is bad and wasting money on a 3minute high to only get a life time of craving is dumb.

Lobsang, how do you know you weren’t the egg ???

Rode $250 large worth of a tech stock down to $14,000 before I bailed.

Not believing the president of the company (as he was preparing to bail out) that I absolutely needed to get everything they promised me in writing, because the new management would lie and steal from me without batting an eye.

I didn’t listen. I am now sorry.

Regards,
Shodan

My ex-boyfriend. Spent about a thousand bucks in total visiting him during the time that we were dating (it was a long-distance relationship). You know, plane/train tickets, transportation to the airport, money to spend while I was there, etc. A good 130 which was spent on plane tickets I never used. The relationship ended up ending quite brutally for me.

I know, a single K isn’t that much compared to some of the other people in this thread…but at the time I was an 18 year-old college student. It was a lot of money for me.

Listening to my dad (a stock broker), and actually acting on his advice.

Sold some of the best-ever performing stock that I’d held for a long time, incurring $12K of capital gains taxes. Invest the money in a “can’t miss” stock recommended by pop. Lose over $75K in one year.

Have to fight asking my dad “and you do this for a LIVING?” every time I talk to him.