There are times in my life I can look back and say, "Only if I did this instead of that, things would have been different."
Since I am temporarily working for a financial entity, I see stocks show up all the time, and the one they were talking about yesterday was Apple...
Back when Steve Jobs was alive and was kicked out of his own company, the stock tanked. In 1997, he came back. I had some money from a lawsuit back then, and my parents set me up with a financial adviser (which didn't follow fiduciary standards as it stands now)
I asked the advisor to buy 50K of Apple stock back then... the stock was worth .24 cents... today the stock is worth over $190.
Between the splits and the dividend paid out, I would have over 120 Million in the bank right now... and that is if I sat on that stock and did nothing with it. The original investment would be worth almost 43 Million on its own...
My advisor told me that the stock wouldn't do anything and It was throwing money away, so he refused to buy it... After 2008 when I lost all the money because my advisor didn't do anything with it, and it got eradicated by his bad trades, I obviously let him go... but I didn't know I was pennyless until I got a "closed account" notice.
The advisor is dead, and his estate is worthless; he became a born again... but if I had listened to myself instead of the "experts" I would probably never have to have worried about money... but again, hindsight is 20/20... but fucking hell... it be nice to have that money right now.
Key points in a person's life that you look back and kick yourself in the ass.
-
- Posts: 14790
- Joined: Wed Nov 30, 2016 9:43 am
-
- Posts: 4149
- Joined: Wed Nov 30, 2016 9:48 am
Re: Key points in a person's life that you look back and kick yourself in the ass.
That is called getting old. 20/20 hindsight is part of package.The Conservative wrote: ↑Wed Sep 06, 2023 3:24 amThere are times in my life I can look back and say, "Only if I did this instead of that, things would have been different."
Since I am temporarily working for a financial entity, I see stocks show up all the time, and the one they were talking about yesterday was Apple...
Back when Steve Jobs was alive and was kicked out of his own company, the stock tanked. In 1997, he came back. I had some money from a lawsuit back then, and my parents set me up with a financial adviser (which didn't follow fiduciary standards as it stands now)
I asked the advisor to buy 50K of Apple stock back then... the stock was worth .24 cents... today the stock is worth over $190.
Between the splits and the dividend paid out, I would have over 120 Million in the bank right now... and that is if I sat on that stock and did nothing with it. The original investment would be worth almost 43 Million on its own...
My advisor told me that the stock wouldn't do anything and It was throwing money away, so he refused to buy it... After 2008 when I lost all the money because my advisor didn't do anything with it, and it got eradicated by his bad trades, I obviously let him go... but I didn't know I was pennyless until I got a "closed account" notice.
The advisor is dead, and his estate is worthless; he became a born again... but if I had listened to myself instead of the "experts" I would probably never have to have worried about money... but again, hindsight is 20/20... but fucking hell... it be nice to have that money right now.
Common theme with you though, it is always someone else's fault. You would have pitched a perfect game except that you didn't. Welcome to the club. All of us would have, could have been except Martin.
-
- Posts: 14790
- Joined: Wed Nov 30, 2016 9:43 am
Re: Key points in a person's life that you look back and kick yourself in the ass.
Yeah, common theme, but this one stung. I was young and didn't know I could push back. I trusted my family.Haumana wrote: ↑Wed Sep 06, 2023 6:28 amThat is called getting old. 20/20 hindsight is part of package.The Conservative wrote: ↑Wed Sep 06, 2023 3:24 amThere are times in my life I can look back and say, "Only if I did this instead of that, things would have been different."
Since I am temporarily working for a financial entity, I see stocks show up all the time, and the one they were talking about yesterday was Apple...
Back when Steve Jobs was alive and was kicked out of his own company, the stock tanked. In 1997, he came back. I had some money from a lawsuit back then, and my parents set me up with a financial adviser (which didn't follow fiduciary standards as it stands now)
I asked the advisor to buy 50K of Apple stock back then... the stock was worth .24 cents... today the stock is worth over $190.
Between the splits and the dividend paid out, I would have over 120 Million in the bank right now... and that is if I sat on that stock and did nothing with it. The original investment would be worth almost 43 Million on its own...
My advisor told me that the stock wouldn't do anything and It was throwing money away, so he refused to buy it... After 2008 when I lost all the money because my advisor didn't do anything with it, and it got eradicated by his bad trades, I obviously let him go... but I didn't know I was pennyless until I got a "closed account" notice.
The advisor is dead, and his estate is worthless; he became a born again... but if I had listened to myself instead of the "experts" I would probably never have to have worried about money... but again, hindsight is 20/20... but fucking hell... it be nice to have that money right now.
Common theme with you though, it is always someone else's fault. You would have pitched a perfect game except that you didn't. Welcome to the club. All of us would have, could have been except Martin.
#NotOneRedCent
-
- Posts: 28305
- Joined: Tue Nov 29, 2016 10:48 pm
Re: Key points in a person's life that you look back and kick yourself in the ass.
I really don't have regrets
PLATA O PLOMO
Don't fear authority, Fear Obedience
Don't fear authority, Fear Obedience
-
- Posts: 14790
- Joined: Wed Nov 30, 2016 9:43 am
Re: Key points in a person's life that you look back and kick yourself in the ass.
I don't have many, but the ones I do tend to be the ones that would have changed my life drastically if it went another way.
#NotOneRedCent
-
- Posts: 25278
- Joined: Wed Nov 30, 2016 6:50 am
- Location: Ohio
Re: Key points in a person's life that you look back and kick yourself in the ass.
Mid-life Crisis: The Thread
-
- Posts: 14790
- Joined: Wed Nov 30, 2016 9:43 am
Re: Key points in a person's life that you look back and kick yourself in the ass.
If this is my mid-life crisis, im doing pretty good at 50…
#NotOneRedCent