Investing 102

[ErikLS2]

Originally Posted by GregWeld

In a discussion with anyone - the minute they start telling me about selling at a loss so they can offset their huge income tax bill..... I know I'm talking to an idiot.

Isn't that the truth. The only thing I could cling to was despite my big profit in 2006, I had to do something with it, either real estate or stocks, all of which went south in the coming 2-3 years.

I can definitely say though that it's my mistakes in investing, and life for that matter, that have taught me the most, not my successes.