If the companies you invested in using rational analysis went into bankruptcy shortly after, your analysis probably wasn't very rational. Can you give some examples of the strategies you used and the losing positions they put you in?
I'm young, so really my only mistake was not being more organized and motivated to setup my portfolio, I have a lump sum to invest and easily could have set it up in spring of 08 if I'd been more on top of it. Right now I'm not sure if my investments will include any individual stocks at all.If you want me to show you any more skeletons in my closet.... what was your worst buy and or unrational decision![]()
Most people are better off with low cost broadmarket index ETF or mutual funds and bond funds or GIC ladders.I'm young, so really my only mistake was not being more organized and motivated to setup my portfolio, I have a lump sum to invest and easily could have set it up in spring of 08 if I'd been more on top of it. Right now I'm not sure if my investments will include any individual stocks at all.
I meant so say 09, not 08. I was focused on work/classes and thus missed getting in near the bottom.You've actually kind of lucked out in a way - the rate of return on cash has been higher than just about any index or individual stock return over the period from Spring 2008 to present.