>mfw I casually talked about Apple stocks getting bumped in 2012 at the dinner table with my family
>mfw my VC stepfather invested in Apple and made a good amount of money
>mfw I talked with him about Google stock going up after he made his money
>mfw he offered to set up a trading account and give me a couple $1000 to put in Google
>mfw I declined because I was nervous
Instead I invested my own money in Bitcoin and made $300. Yay....
What have been your biggest finance fuck ups /biz/?
After the Model S came out, I toyed with the idea of putting $10k in TSLA when it was at $70. People thought it was a bad idea because TSLA was already up from $35 from the release/reviews of the Model S. I thought it still had room to grow, and now it's at $200. I could've made ~$18k.
Instead I put $130k in the S&P 500.
Hey you made money off bitcoin. could have been way worse.
Hunches and feels don't make you a good investor, you were right to be nervous. The biggest fuck up in your story was investing in bitcoin. Even tho you made a profit you exposed yourself to so much risk for such a small return.
>not taking a couple grand worth of stocks in a huge company from stepdad
thats your biggest fuck up OP.
mine? taking out a loan for a new car when I was 17 and had just joined the army. should've bought some junker for 2k and invested mad stacks while I was in. instead i spent all of my money on beer and spice.
looking back I wouldve saved half of my pay and thrown it into UPRO or a solid dividend stock. gotten out, gone to college and use gi bill money to grow my current business while going for a major as a fallback.
now im spending my gi bill on being able to live and paying down medical bills for my newborn daughter who required open heart surgery 3 day after birth and is still recovering in hospital while having to use my girlfriends car because mine got repo'd because I wanted a baller ride i couldnt realistically pay for.
learn from me. be frugal and scale a business/product and throw stacks into well performing ETF's.
That's not too bad. If you made money with Bitcoin then you got lucky enough to buy at the right time and smart enough to sell them at some point. Good on you. A lot of Bitcoiners weren't as lucky or smart. Some are still holding even after a couple years of trying to regain losses. I have a buddy who bought in at $600 and still won't cut his losses. Bitcoin is back down into the $300s again.
So fucking glad to be Canadian when I read medical stories. Jesus fucking christ. Having a sicked loved or being sick is hellish enough. Then you have to worry about bills after? Get the fuck out of here with that shit.
Trade off is I live in one of the most cuked countries in the world. Fucking Trudeau.
>invested $1000 in some biostock shares in 2012
>completely forget about it
>hear about biostock hype
>regain my memories that I once invested in some biostock shares
>check my portfolio
>could not believe my eyes
>finally can pay off my student loans
>then to my horror, notice that its actually a VIRTUAL portfolio
>mfw invested $1000 in a virtual portfolio in 2012 which become worth $30,000 in 2015
>legitimately considered suicide
Did you even read my post?
I stopped investing after that and concentrated in other things, so forgot I invested in a virtual portfolio for practice at the time.
But yeah, that was pretty damn retarded of me.