Not starting to invest in my 401(k) for 2 years out of college. We were saving

Oct 15, 2021
11:05:57am

Walt Longmire Redshirt Freshman

for a house and then I took about a year after buying one to start investing. I struggled to decide on which funds to allocate the investment to and missed out on some good years of market growth and an employer match.

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Walt Longmire

Bio page: Walt Longmire
Joined: Jan 11, 2018
Last login: Jan 24, 2023
Total posts: 211 (0 FO)

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Messages

Author

Time

What is your biggest financial regret? Mine is that we were given a fairly large

cougcoug3

10/15/21 10:51am

pick any of 1 of a dozen or so investing what ifs.

Baron

10/15/21 10:53am

Yes, yes, and yes!

AFewThoughts

10/15/21 10:53am

My dad offered to give us the cash if we skipped the reception.

85fan

10/15/21 10:54am

Not selling at the high.

TeeKaa

10/15/21 10:56am

Not buying a 1.2 acre dream lot 5 years ago. Waited too long

SlantRoute

10/15/21 10:56am

Wow, this makes me sad.

FallingRock

10/15/21 10:57am

Similar for me.

RebelScum

10/16/21 1:27am

I sold a townhouse that I should have kept as a rental property.

justAnotherCoug

10/15/21 10:57am

The wedding in Steve Martin's Father of the Bride cost $100k

Florwood

10/15/21 10:57am

Not shorting Enron in Aug 2000

fan_byu

10/15/21 10:57am

Sold a lot in Chandler, AZ for $100K (what I paid for it)

AZ Coug

10/15/21 10:58am

Investing in building a spec house in EM a few months before the real estate

Florwood

10/15/21 10:59am

Not keeping our first home as a rental.

gww687

10/15/21 11:00am

Not buying any Bitcoin in 2010

jdub

10/15/21 11:01am

That is cool that you heard about it in 2010 I was exposed to it in 2016 and

cougcoug3

10/15/21 11:02am

Cool, but a little painful

jdub

10/15/21 11:03am

I love how much fbguru hates bitcoin

JollyGreenGiant

10/15/21 11:12am

Want to hear an even sadder bitcoin story?

LosAlcoug

10/15/21 11:18am

Wow, that sucks

jdub

10/15/21 11:20am

at the height of bitcoin, like right now? 🙂

BYUFootballisBack

10/15/21 11:29am

It's still a bit below it's all-time high. Believe it got pretty close to $70k.

LosAlcoug

10/15/21 11:32am

Yeah, your comment just made it sound like it was way down, been on a tear

BYUFootballisBack

10/15/21 11:33am

My brother’s story is as bad (and much more missed)

insanobueno

10/15/21 9:31pm

Me too. He had a miner. He used btc to buy Thai food for lunch.

ForzaPuma

10/15/21 11:18am

This. My brother told me about it. Sounded crazy. He really missed out because he actually understood what it was and he

vegasnative

10/15/21 11:20am

Same. I had been home from my mission for a little bit and one of my classmates

LeonMarek

10/15/21 12:28pm

Nice try FBI

Zaphod

10/15/21 11:02am

Very long list, mostly involving RE purchases and not buying Apple and Bitcoin.

85fan

10/15/21 11:02am

My BIL is into a lot of things when they are new and he claims he had $150m

85fan

10/15/21 11:23am

Paying money to sell my house after the 2008 crash

HiLife

10/15/21 11:05am

Not starting to invest in my 401(k) for 2 years out of college. We were saving

Walt Longmire

10/15/21 11:05am

Not going to college right after my mission

cougarblue

10/15/21 11:06am

Law school & having kids so young

Odysseus

10/15/21 11:09am

A former boss got married in his 30s. They basically blew his savings on

Mister P

10/15/21 11:13am

Bought a townhome that was a foreclosure in 2005 for 52k

whoneedscorners?

10/15/21 11:16am

Why wouldn't the wife let you?

TNT

10/15/21 11:26am

Because we were moving to Provo for her to get her graduate degree

whoneedscorners?

10/15/21 11:54am

Selling RMBS 1000 shares one week before it really went nuts in the late 90's

docrick

10/15/21 11:20am

I sold $5000 of a penny stock to buy my wife's ring. The stock is now in 40s

Sandy Lyle

10/15/21 11:34am

Nice humble brag. $5,000 for a ring 🙂

Walt Longmire

10/15/21 11:47am

That it took me till I was 26 to find my way where I could’ve been when I was 22 if I wasn’t a dummy

JollyGreenGiant

10/15/21 11:42am

Not buying bitcoin at $300 when I first heard about it

Gente_Boa

10/15/21 11:43am

Not buying a short sale home in Palm Springs for $165k in 2010, just sold for $1.2 mil recently...

Burton162

10/15/21 11:46am

I have made so many mistakes, some of which are very embarrassing. But

Acorn

10/15/21 11:46am

Staying too long in school

HawkeyeCoug

10/15/21 11:52am

buying my house in Kentucky. bought high, sold low, partially due to the market crashing and partly to the house itself

byujag

10/15/21 11:57am

I had the chance to invest proceedings from an injury settlement in Microsoft stock back in about 1987.

Zenoch

10/15/21 11:58am

Not buying Apple and Microsoft stock in 1983, when I had the money and listened

Nat Gas Man

10/15/21 12:17pm

Not buying into Bitcoin when my brother told me about it 6 months after it became available.

byuluvr

10/15/21 3:13pm

Did your brother buy it and become rich? That would sting twice as much

FallingRock

10/15/21 3:37pm

Worse. He bought it and sold it a few months later. He'd be well off if he'd have kept it.

byuluvr

10/15/21 7:11pm

Sold $10k worth of PayPal stock when it was $38 dollars a share.

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