Business

The Flame of Excitement Burns

My Dumbest Investment

As a young, destitute college student, I managed to miss the dot-com bust of the 2000s (whew!). As a recent grad, though, I began dabbling in the market. I perused numerous financial publications and felt the flame of excitement fill me. I hastily opened up a brokerage account. Frothing at the mouth, I immediately plunked everything into one stock. Rest assured, I did my research. I looked at the stock's chart and saw it was on a tear upward and read an article labeling it as one of 10 stocks with the potential to double within a year. I knew it manufactured some kind of alternative energy products or power generators, something like that. I sat back, satisfied, and watched as the shares immediately plummeted in mere days. Horrified, I sold everything, taking a 25 percent loss. Chastened by my first investing experience, I soon found myself learning more at The Motley Fool and elsewhere. I can sincerely say that my stock picks have now been much more well informed and successful.

- Collin Beatty, San Antonio

Do you have an embarrassing lesson learned the hard way? Boil it down to 100 words (or less) and send it to The Motley Fool c/o My Dumbest Investment. Got one that worked? Submit to My Smartest Investment. If we print yours, you'll win a Fool's cap!


Click Here for our FREE e-Edition
2008-03-13 digital edition


FEATURED CONTENT
Weather
Current weather in your town or anywhere in the world.
Horoscope
Is there love in your future? Money? Check what's in store for you today.
Lottery Numbers
Are you a winner? Find out here.
Gas Prices
Find or report the lowest gas prices in your town.
Crosswords
Play our daily puzzle to kill time between projects.
Celebrity News
News and photos of all your favorite celebs.
Money Matters
Track the markets and your own investments in our money section.
Daily Recipe
Find a great recipe for dinner tonight.
Free music
Create a playlist and enjoy tunes all day.


If you have any problems, questions, or comments regarding www.FloridaWeekly.com, please contact our Webmaster. For all other comments, please see our contact section to send feedback to Florida Weekly. Users of this site agree to our Terms and Conditions.
Copyright © 2007—2012 Florida Media Group LLC.


Twitter | Facebook | RSS