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Old 11-29-2006, 12:43 PM
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Default What was your biggest mistake investing?

Thought some of us could learn from others mistakes here. Are you all willing to cop to your mistakes?

Let us learn from your small misfortunes.

So: What was your biggest mistake investing?
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Old 12-02-2006, 08:52 PM
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Buying a house that wasn't a great deal just because it was on the same street as a house I already owned. We got caught up in increasing our holdings in that area, and we regret buying that house.

Although, we're about to sell it at a profit, so I guess it isn't all bad, but we lost money trying to rent it for the last couple of years.
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Old 02-05-2007, 06:53 AM
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not that it's easily forseen, but we were so anxious to get rid of a property that we sold it immediately instead of holding onto it. If we'd have just waited a few months we could've increased our profits considerably.
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Old 02-05-2007, 03:21 PM
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I also think that 100% financing is often a big mistake. Interest rates are killer and you pay so little toward the principal that one downturn of the market could put you upside down on the house.
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Old 01-26-2011, 11:02 AM
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Buying a house in a city and property that I was unwilling to live in myself and assuming I would be able to rent / manage the property.

Last edited by katlin : 01-29-2011 at 04:30 PM.
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Old 03-14-2011, 11:09 PM
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Its not easy access of my house so, I can't buy this home... Do tell me another option or any other home for sell which I can easily purchase...
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Old 11-19-2012, 09:59 AM
mrjohn12 mrjohn12 is offline
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Default HYIP investment is also an easy way to earn a lot.

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Last edited by mrjohn12 : 11-19-2012 at 12:40 PM.
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Old 10-08-2013, 11:33 PM
Hodge25 Hodge25 is offline
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What about the reverse? Mistakes that actually saved you money, that as a philosophy, you would never repeat over a different time frame. Not investing enough in your early years right before the, when your AA would have told you to go almost all equity. The poll should go both ways.
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