Share you biggest financial mistake thread.

[benhogan]

I will start. See if you can top this. I still get shivers.

I bought 2 stocks (MBIA and AMBAC) at around 10am one day a couple of years back (I forget the exact date). At around 2pm ON THAT SAME DAY, the stocks dropped over 80%.

I put in $10,000 in the morning. At the end of the day, it was worth $2,000.

I share this story because I have been carrying this sack of bricks for a couple of years now and hopefully I have learned my lesson.

Just thinking about now makes me want to literally vomit.