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I don't seem to listen, or I'm just too conservative....

AUandAGAUandAG Posts: 24,783 ✭✭✭✭✭

Back in the early 60's my aunt said don't buy a business take that $10,000 and buy IBM stock. I bought the business.
My daughter said buy Bitcoin three years ago, I passed.
An Apple tech that called on the computer store I was working at in 1997 said by Apple stock, I laughed (under my breath) at him.
I'm not a millionaire and now I know why. I hear but do not listen.

bob :(

Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com

Comments

  • AUandAGAUandAG Posts: 24,783 ✭✭✭✭✭

    Yup, happy and healthy so far! Got a 2% raise in my Social Security and only a $22 raise in my health insurance. I net out $7 to the good!!

    bob ;)

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Great story, thanks for sharing !!! :)

    Timbuk3
  • USASoccerUSASoccer Posts: 445 ✭✭✭

    You were looking at risk/reward and felt at the time it was not worth it; I would not call it conservative.

  • OPAOPA Posts: 17,124 ✭✭✭✭✭

    @AUandAG said:
    Yup, happy and healthy so far! Got a 2% raise in my Social Security and only a $22 raise in my health insurance. I net out $7 to the good!!

    bob ;)

    likewise... :p

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • tneigtneig Posts: 1,505 ✭✭✭

    There is only one Forest Gump.

    You very likely are a millionaire. Add up what you've made and what you will make.

    COA
  • jmski52jmski52 Posts: 22,904 ✭✭✭✭✭

    I bought Pixar, but I also bought JDSU, but it wasn't because anyone told me to do it.

    I thought about buying MicroSoft in the early '80's but I didn't have any money then. :o

    Ya win some and ya lose some. Just being alive beats the alternative. :p

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Ah yes, life's missed opportunities.... I passed up the diamond mine stocks in Canada when they were on the penny stock exchange...Also Microsoft.... Oh well... I am very healthy, very comfortable, well fed and enjoy fine wine from time to time.... Also very happy..... Color me wealthy... Cheers, RickO

  • Back in '02, my grandfather passed away. He left me $10,000. I said to my now-wife, "I think I should buy some Amazon stock. It's at $9, and I think when they start making money it could go up a bit."

    Needless to say, 22 year old me decided to buy DVDs, and other crap....luckily, my retirement planning is still better than most my current age.

  • How about buying & selling 5,000 shs of aapl before the iphone :(

  • 3stars3stars Posts: 2,291 ✭✭✭✭✭

    Could have been worse, back then they could have told you to by Enron stock.

    Previous transactions: Wondercoin, goldman86, dmarks, Type2
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭

    I bought 1000 shares of Dell at their IPO here in Austin for 10.00 a share,and sold at 13.00 a share.

    We all have our stories, don't we?

    I don't blame anyone for not jumping into this Bitcoin frenzy. Irrationality, greed and all the stuff of human foible are in full bloom here.

    Still and all, the Internet is truly unprecedented, historical and revolutionary in the human experience. We are just beginning to feel its impact, the future of which is now absolutely unknowable.

    Cryptocurrencies are just one of the unprecedented phenomena we are likely to see. And by the same token (hee, hee), there is no way of knowing where they will lead, or what's next.

    IMO, it is judicious to participate lightly and cautiously in all this, stay diversified, and hedge ones bets.

    And all the while, stay focused on what is eternally important in life, which by contrast (as noted in many comments here), is well-known.

  • AUandAGAUandAG Posts: 24,783 ✭✭✭✭✭

    @3stars said:
    Could have been worse, back then they could have told you to by Enron stock.

    No, that was done for me by my Merrill Lynch broker.....My $250,000 of Enron became $33,000 after the settlement..... Long story, don't go there....still pissed on that one.

    bob :(

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • BruceSBruceS Posts: 1,355 ✭✭✭✭✭
    edited December 13, 2017 8:04PM

    @AUandAG said:

    @3stars said:
    Could have been worse, back then they could have told you to by Enron stock.

    No, that was done for me by my Merrill Lynch broker.....My $250,000 of Enron became $33,000 after the settlement..... Long story, don't go there....still pissed on that one.

    bob :(

    Ouch


    eBay ID-bruceshort978
    Successful BST:here and ATS, bumanchu, wdrob, hashtag, KeeNoooo, mikej61, Yonico, Meltdown, BAJJERFAN, Excaliber, lordmarcovan, cucamongacoin, robkool, bradyc, tonedcointrader, mumu, Windycity, astrotrain, tizofthe, overdate, rwyarmch, mkman123, Timbuk3,GBurger717, airplanenut, coinkid855 ,illini420, michaeldixon, Weiss, Morpheus, Deepcoin, Collectorcoins, AUandAG, D.Schwager.
  • astroratastrorat Posts: 9,221 ✭✭✭✭✭

    @AUandAG said:
    Back in the early 60's my aunt said don't buy a business take that $10,000 and buy IBM stock. I bought the business.
    My daughter said buy Bitcoin three years ago, I passed.
    An Apple tech that called on the computer store I was working at in 1997 said by Apple stock, I laughed (under my breath) at him.
    I'm not a millionaire and now I know why. I hear but do not listen.

    bob :(

    Three "opportunities" missed, for sure. I bet you can also list many "bullets dodged" that came from friendly advice.

    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • giorgio11giorgio11 Posts: 3,910 ✭✭✭✭✭

    @AUandAG said:
    Back in the early 60's my aunt said don't buy a business take that $10,000 and buy IBM stock. I bought the business.
    My daughter said buy Bitcoin three years ago, I passed.
    An Apple tech that called on the computer store I was working at in 1997 said by Apple stock, I laughed (under my breath) at him.
    I'm not a millionaire and now I know why. I hear but do not listen.

    bob :(

    "The richest man is the one who knows that he has enough."

    Kind regards,

    George

    VDBCoins.com Our Registry Sets Many successful BSTs; pls ask.
  • BaleyBaley Posts: 22,661 ✭✭✭✭✭

    I, too, coulda, woulda, shoulda, if only i knew then what i know now, about how things turned out. Oh well!

    Liberty: Parent of Science & Industry

  • LanLordLanLord Posts: 11,714 ✭✭✭✭✭

    I've called lots of future winners.
    Didn't do anything about em, but called em!

  • johnny9434johnny9434 Posts: 28,426 ✭✭✭✭✭

    i as well know jack s**t :(

  • 3stars3stars Posts: 2,291 ✭✭✭✭✭

    I've given up waiting for stocks and sold usually just before a big upswing. My wife says I'm always a year ahead of the trend, but with no patience to see it through.

    Previous transactions: Wondercoin, goldman86, dmarks, Type2
  • dpooledpoole Posts: 5,940 ✭✭✭✭✭

    How come wives always know more than we do? :/

    At least smoe of us were smart enough to marry one of those. Whether we listen or not, well...

  • MilesWaitsMilesWaits Posts: 5,372 ✭✭✭✭✭

    I bought stuff from the Mint in good amounts from 2006 through 2009.
    And then I bought the gold Kennedy with 7/8’s blessing and enthusiasm.

    Now riding the swell in PM's and surf.
  • goldengolden Posts: 9,669 ✭✭✭✭✭

    " I am not concerned about the return on my money, I am concerned about the return of my money ." Will Rogers

  • PerryHallPerryHall Posts: 46,238 ✭✭✭✭✭

    @golden said:
    " I am not concerned about the return on my money, I am concerned about the return of my money ." Will Rogers

    People forget that at one time savings accounts weren't insured and many people lost their entire life savings during the Great Depression.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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