Comments on: Giveaway Day #2: Bundle of Investing Books!

By: J. Money

J. Money — Thu, 21 Jun 2018 11:21:16 +0000

In reply to Jodi Renaud. At least you live in a PAID OFF HOUSE!! That's huge! :)

By: andrius

andrius — Thu, 21 Jun 2018 06:25:58 +0000

The Little Book of Common Sense Investing by John C. Bogle
my last read book.
(now reading russian book : “Nikolai Starikov Crisis: How is it done”)
my investing books which i read often are USA or Germany written.
What can i comment about C. Bogle book? This book is just about one simple think at all:
invest to index fund for low cost and historical about 10% profit= 4% dividends + 6% index growth. I do not like that kind of books, but i get this book from wife on Fathers day so i read it.
In book agitate buy Vanguard index fund :) It is not bad fund, but it is more
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By: Owen @ PlanEasy.ca

Owen @ PlanEasy.ca — Wed, 20 Jun 2018 15:09:09 +0000

In reply to J. Money.

The experience alone has “earned” me more than $16,000.

It was an expensive lesson, one I hope no one has to experience, but it’s had a huge positive impact on my personal finances, so it wasn’t all bad news.

By: jenny benny

jenny benny — Wed, 20 Jun 2018 03:19:25 +0000

the worst thing i did was buy freddie mac stock right before the collapse at the suggestion of a family member. That $3000 is still worth nothing today.

By: Kelli

Kelli — Wed, 20 Jun 2018 02:21:04 +0000

We’ve been funding my husbands Roth IRA for the last 4 years but kept the money sitting, uninvested, until the last couple of months. I just had no idea what I was doing, so it sat. I am disappointed we missed out on last year’s awesome growth, but glad it’s at least funded now and working for us.

By: Kyris

Kyris — Wed, 20 Jun 2018 00:18:37 +0000

Easy one! When we were investor newbies and trying to set up our Solo 401K for our business, we ended up using a commission based financial planner. BIG MISTAKE #1. They encouraged us to put our 401K in Oppenheimer (BIG MISTAKE #2) which we found out shortly was one of the most expensive routes we could have taken. (We did move the 401K to Vanguard eventually.) They also sold us on a REIT, (BIG MISTAKE #3). The REIT in itself wouldn’t have been such a bad choice except we bought in at the top of the real estate market – right before the crash – and ended up losing a ton. Lessons learned and we’re about 18 months from a fully funded retirement now. Ages 50 and 56 respectively.

By: Jodi Renaud

Jodi Renaud — Wed, 20 Jun 2018 00:17:13 +0000

It was the year 2000 and my husband had just died. His friend was a financial advisor so I went to him. I put a lot of money in the stock market…well..i don’t really remember how much I or in I just remember I lost about $4,000 shortly after. I also completely paid off my condo which he told me not to do because he said I could make more in investments instead of pay off the house. Funny thing is…right now that is true with stocks going through the roof I wish I had not paid off the house and kept more for investing. But since none of the banks will give me a home equity loan now because I only work part time and I just changed jobs….oy.

By: Sara

Sara — Tue, 19 Jun 2018 23:41:09 +0000

I invested in my marriage to the wrong man. Every penny went out the window, and he didn’t flinch at carrying a mortgage, a car payment, and CC debt around $20K. No student loans, thankfully, because “school is dumb”. His mom called me before we got married to warn me that that’s just how her sweet son lives his life.

Thank goodness for second chances!

By: Rachel Rich

Rachel Rich — Tue, 19 Jun 2018 23:33:46 +0000

What was the worst investment you ever made? If you’ve never invested before, what’s the worst financial mistake you’ve ever made?

Can’t say I’ve made any bad investments. Although my fiance has allowed a management team to invest her 401(k) for her, and the fact that she pays so much in fees and doesn’t see that great of a return makes my eye twitch. I consider that a bad investment on my part…

By: Andrew

Andrew — Tue, 19 Jun 2018 21:26:40 +0000

My worst investment ever made was putting a little over a grand in a penny stock in college. Doubled the first hour and lost 99.9% of that investment in the next two days….live and learn…live and learn