Saturday, 21 March 2020

Your worst investing experience?

Omar Phipps: Shorting Yahoo too long before the collapse. In the long run I was right about it being overpriced but my timing was wrong. It continued to rise and I had to cover at a significant loss.

Rayford Speziale: I bought a call option on day and sold it the next day (for a profit). I relied on information from one news source which said that the company had earnings coming out the day I sold it. I doubled my money.Unfortunately, the earnings came out the next day and the stock (and option) shot up. I could've made 20 fold my initial investment....Show more

Georgina Natal: i invested in rdm which was roadmaster bikes and they went bankrupt. i lost 3,000 dollars . i took it off on my taxes . that was years ago . a safe investment is in visa (V).

Jess Grizzel: I invested in a brick of cocaine once. I would like to think that it was a poor investment. I origionally planned on selling it for a profit but decided to test it out first. The plan back! fired when I got addicted and ended up using it all to myself. Fun night though!

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