Your biggest financial blunder?



gave 20k to a friend who swindled me into investing in his stock portfolio.

well turns out he didnt put it in stocks but in ponzi forex scheme. but hey. what can you do.

thats what friends are for.
 
Buying a domain for $20k, it was something like insurance.com - but instead of insurance it was insurnce.com - I didn't notice the miss spelling until after I had approved the deal.

WTF? This one needs an explanation.

Was it listed 'Buy Now' at that price and you just hit the button cause you were in a hurry that day?
 
mGrunnin got you as well?

haha no no it was a real life 3D friend I knew for ages, and ever since I knew him he had the reputation of being the guy who dealt with stocks. one of those types always high rolling but nobody actually knew where or how he exactly gets the money

we didnt ask too much, we figured stock brokers dont out their stocks.

after the debauchery i had with him, i found out his dad's loaded as fuck, raking some preposterous offshore money, so that's where the highrolling came from...

we all thought he broke stocks, he actually broke his fathers bawls.
 
WTF? This one needs an explanation.

Was it listed 'Buy Now' at that price and you just hit the button cause you were in a hurry that day?

Obviously the misspelling wasn't as obvious as the example I gave. They also had absurd traffic stats that I assumed was from type ins (it was, people just miss spelled this thing a lot).

I actually did OK out of it as I ranked #1 for the misspellings, but then google did that stupid update where they automatically redirect miss spells to the correct spelling and it fucked me.

At the end of the day, it's only money and I learnt my lesson.

Some of these are ridiculous, for example taxes. Unless you're no longer paying your taxes it's not a blunder, you might not agree with the tax system but you're paying your taxes to avoid prosecution.
 
I was 16 at the time but was heavily invested in domains. I must have lost at least $2-3k trying to buy and resell them. I didn't really know what I was doing but I knew I could make money.

I lost money but gained a lot of knowledge. So I don't really look at it as a loss. Just an exchange for information you wouldn't find in a ebook.
 
Some of these are ridiculous, for example taxes. Unless you're no longer paying your taxes it's not a blunder, you might not agree with the tax system but you're paying your taxes to avoid prosecution.

Not entirely true.

In my case at least, I meant it as I didn't do the things I should have to lower my own share of those taxes.

When you go from broke to 7 figures in less then 5 months ( and those 5 months are at the end of the year too ), its hard to get everything right and planned when your trying to run multiple 5 figure daily ppc campaigns that are capping left and right, hosting going down, and trying to overcame cash flow issues in the beginning.

If I had more time to have planned it out, I could have maybe paid in about 250K less taxes one year then I already had if I planned it out correctly before it all snowballed in on me.
 
I trump all of you in this miserable hall of shame.

Five or more years ago I paid a well known 'guru' for two days of private coaching. I felt like punching him then and I feel like punching myself in the face now.

Need to put it in perspective though ... that was a microscopic fraction of what it costs to raise three kids and pay for two divorce settlements.

Hey why did the fucking OP start this in the first place???
 
Found out about berries way back because a buddy was doing $10k / day off them. Ended up not getting involved for really stupid reasons. Live and learn baby.
 
Not entirely true.

In my case at least, I meant it as I didn't do the things I should have to lower my own share of those taxes.

When you go from broke to 7 figures in less then 5 months ( and those 5 months are at the end of the year too ), its hard to get everything right and planned when your trying to run multiple 5 figure daily ppc campaigns that are capping left and right, hosting going down, and trying to overcame cash flow issues in the beginning.

If I had more time to have planned it out, I could have maybe paid in about 250K less taxes one year then I already had if I planned it out correctly before it all snowballed in on me.

In the US can't you just pay taxes like two years later if you have an accountant or is that only AUS?