Thread: Investing 102
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Old 03-17-2013, 11:03 AM
out2kayak out2kayak is offline
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Quote:
Originally Posted by GregWeld View Post
Several years ago -- I invested in a start up company. The shares cost me .53 cents each... I bought a bunch of them... the company then went public about 2 years later and it opened at $18 and went to $28.... RIGHT BEFORE IT WENT TO $1.70... I never sold any of it.... I used to tell myself "hey! at a buck seventy I still have a triple in it"! MY POINT IS --- I didn't have to sell, I wasn't worried about the investment because it was money that I could do without. It was a very small percentage of what I have (had) to invest.
Out of curiosity, how did you learn of the startup?

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