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Biggest Ever Financial Errors



Beach Hut

Brighton Bhuna Boy
Jul 5, 2003
72,332
Living In a Box
Been thinking about this for a while and own up to two:

Cashing in endowment and re-starting mortgage so basically added 6 years to my mortgage paying life.

Failure to buy Orange shares at £2 each when the went up to about £18 during the dot com boom - didn't think they were good value

Confess yours please.......................
 
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1

1066gull

Guest
Failure to invest in Google when it was worthless in 1997.

Pity, I never had a computer back then!
 


Marc

New member
Jul 6, 2003
25,267
eeerrr....my youth...biggest financial error of my life :D

Coupld with crap paid jobs and high cost of living/socialising around these parts! Sorting it all out now thank god!
 








Gwylan

Well-known member
Jul 5, 2003
31,841
Uffern
Wonder if anyone will put following one of Gareth's tips.

I think I've been all right on major things ... I can think of some bets that I should have risked more though.
 




Gwylan

Well-known member
Jul 5, 2003
31,841
Uffern
Adriodinho said:
Failure to invest in Google when it was worthless in 1997.

Pity, I never had a computer back then!

Er....Google didn't go public until two years ago; you couldn't have bought shares in them.

Do you always talk bollocks?
 




Starry

Captain Of The Crew
Oct 10, 2004
6,733
Not selling some land in Ireland to a foolish English person who offered us a lot of money for a quick cash sale. We wanted to keep the land but then changed our minds and when we had it valued it was worth a quarter of the offer we had from that English guy. I still kick myself about that now.

The land has sheep on it but we're going to build I think.
 




Gully

Monkey in a seagull suit.
Apr 24, 2004
16,812
Way out west
Choosing to invest in a company in the services sector and putting my money on Jarvis instead of WS Atkins.
 




Beach Hut

Brighton Bhuna Boy
Jul 5, 2003
72,332
Living In a Box
Gully said:
Choosing to invest in a company in the services sector and putting my money on Jarvis instead of WS Atkins.

Ouch, Jarvis collapsed badly after several railway accidents
 


Gully

Monkey in a seagull suit.
Apr 24, 2004
16,812
Way out west
I know, both shares were roughly the same price at the time I staked my money, couldn't get out of Jarvis in time and lost the lot, Atkins are now 7 or 8 times what they were back then.
 


Beach Hut

Brighton Bhuna Boy
Jul 5, 2003
72,332
Living In a Box
WS Aitkins is a pretty good set up from what I've heard from those that work there.

Still I have cocked up a few times on shares as well, all part and parcel of investing
 










Easy 10

Brain dead MUG SHEEP
Jul 5, 2003
62,429
Location Location
Beach Hut said:
WS Aitkins is a pretty good set up from what I've heard from those that work there.

Still I have cocked up a few times on shares as well, all part and parcel of investing
Ahhh, so Mr "repent ye sins all ye gamblers" likes a bit of a punt on the old STOCKMARKET does he ?

well well well

;)
 




Beach Hut

Brighton Bhuna Boy
Jul 5, 2003
72,332
Living In a Box
Easy 10 said:
Ahhh, so Mr "repent ye sins all ye gamblers" likes a bit of a punt on the old STOCKMARKET does he ?

well well well

;)

All strategy not some aimless punt on an internet casino or a nag
 


Easy 10

Brain dead MUG SHEEP
Jul 5, 2003
62,429
Location Location
Beach Hut said:
All strategy not some aimless punt on an internet casino or a nag
Hey, less of the aimless punt !
Anyway, cards is also strategy.
 


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