What Was Your Worst Investment Decision?

Ah no, im sorry but betting at 1.01 is foolish. As mentioned it would have to be basically guaranteed. I have lost money betting at those odds thinking i was being clever. Burned and lesson learned.

You stand to loose a lot for a tiny gain but something can and evidently does go wrong.
 
I agree with Clubman - I was just making a joke. I understand the implications of betting at 1.01! I'll not post further on the matter and will just leave with a question.......if betting at 1.01 is foolish, is laying at 1.01 not foolish/even sensible?!;)
 
Probably another bad investment decision, I invested in a Russian focused ETF, not a huge amount about 1200 dollars around 2016, it was actually well in profit up to 2022, it dropped alot at Ukraine invasion date but then recovered a bit and I still could have sold it with profit as they thought putin would settle for stopping war and having negotiations in first month's. Then putin nationalised all western assets so it has value zero dollars and also can't be sold for loss relief, it's basically a stranded asset with a loss of 1800 dollars. So that was worst investment since I never bought anything that turned out to have zero value. Just shows you though the battle Russia will have to ever get western investment into that country again
 
You must log in or register to reply here.
Back
Top