Was just about to write about some big financial blunders I took while trading to a tune of $200k but I decided to spare everyone the trading talk and show one that hit me in my heart.
So about 3 years ago I was shopping for my first car. Wasn't looking for anything crazy, just something that drove well, looked good and wasn't too expensive. I settled on a BMW 2003 5 series for $15,000. I loved the car. I literally would come from classes and just drive around for an hour just because I loved driving in it. At this point I only had 6 months of driving experience under my belt too.
Well...every now and then my older sister would borrow the car for her chores. The car was actually purchased on her birthday in September. Two months later I'm heading out during Christmas break with my parents for a vacation; she decided to stay back. When we come back 2 weeks later we find the car in this condition:
This was the first time in years that I actually cried.
Apparently the same exact day we left my sister decided to drive the car in bad snowy conditions. From what we understand she got stuck in the snow several times, and kept hitting the gas to get out of that predicament every time. Well on the way home the engine caught fire and by the time the firetruck came the car was burned to crisp.
One month later I had the car donated for its metal. What I still have left of the car is the key and a broken piece of the break light I found on the ground next to it. I only had limited liability insurance; so I got $0 from the insurance company.