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Joined: Jul 2009
Posts: 9,283 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2009
Posts: 9,283 Likes: 3 |
Never take financial advice from anyone still working after age 50, only take diet or exercise advice from someone in tip top shape over 70
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Joined: Dec 2004
Posts: 9,743 Likes: 15
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2004
Posts: 9,743 Likes: 15 |
Looking back over years past, my poorest financial decisions were not making investments I should have.
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Joined: Apr 2019
Posts: 4,919 Likes: 12
Campfire Tracker
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Campfire Tracker
Joined: Apr 2019
Posts: 4,919 Likes: 12 |
Going in business with a partner. Have a buddy who says never to go into partnership with someone who has less to lose than you. That applies to business and relationships.
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Joined: Jun 2016
Posts: 9,731 Likes: 8
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2016
Posts: 9,731 Likes: 8 |
25motorcycles17pickups6Jeeps7SUVs7ATVs20cars6boats300guns2wives
I won't make one or 2 of those mistakes again.
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Joined: Jan 2003
Posts: 2,829
Campfire Regular
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Campfire Regular
Joined: Jan 2003
Posts: 2,829 |
I guess I'd say I waited too long to get into real estate. I should have bought some rental property or some farmland earlier in my life.
"Miss Jean Louise, stand up. Your father's passin.'"
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Joined: Feb 2009
Posts: 1,813
Campfire Regular
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Campfire Regular
Joined: Feb 2009
Posts: 1,813 |
Wife and I bought our "starter home" at the absolute height peak of the real estate bubble. 5 years later it wasnt worth 50% of what i paid for it because there were 20 empty houses within blocks. I sold it a few months ago at a $45,000 loss from what we paid and was thrilled to be rid of it.
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Joined: Jan 2005
Posts: 12,359
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2005
Posts: 12,359 |
I remember people standing in line to get 15% home loans. It went even higher for a while.
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Joined: Aug 2010
Posts: 975
Campfire Regular
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Campfire Regular
Joined: Aug 2010
Posts: 975 |
Sold my radon mitigation business in South Dakota and relocated to Pennsylvania. Eleven years later, I'm semi-retired in Florida. So it goes.
Sherwood
FIRE UP THE GRILL - is NOT catch and release!
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Joined: Apr 2011
Posts: 152,632 Likes: 52
Campfire Savant
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Campfire Savant
Joined: Apr 2011
Posts: 152,632 Likes: 52 |
I could have married a girl that owns a couple of car dealerships. I made a poor decision when I broke up with her.
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Joined: Jun 2012
Posts: 4,774
Campfire Tracker
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Campfire Tracker
Joined: Jun 2012
Posts: 4,774 |
My first wife was the biggest mistake. It lasted 26 years. The last 10 were hell. It has been 10 years since we divorced and at almost 64 I still have to pay Spousal Maintenance as long as I work and am still paying off debt..and she got my retirement. So I will work as long as I am physically able to do so. I wish I could blame someone else... I really do I've watched too many Bill Kurtis shows to put myself through that.
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Joined: Dec 2008
Posts: 8,347 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2008
Posts: 8,347 Likes: 3 |
I guess I'd say I waited too long to get into real estate. I should have bought some rental property or some farmland earlier in my life. Me too, this last run up in realestate has been nuts. I sold everything but the house I live in, so it will probably continue to go up . My plan is to buy/build muti family if the market cools a bit.
"Life is tough, even tougher if your stupid" John Wayne
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Joined: Sep 2009
Posts: 46,296 Likes: 6
Campfire 'Bwana
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Campfire 'Bwana
Joined: Sep 2009
Posts: 46,296 Likes: 6 |
None, I knew I would screw up, the reason I piled it up and turned it over to people with a brain ; ]
Trump Won!
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Joined: Aug 2012
Posts: 2,442
Campfire Regular
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Campfire Regular
Joined: Aug 2012
Posts: 2,442 |
Going in business with a partner. ^^^^^^^^* This!
"Keep your mouth shut, work hard. Life is tough. Work through it.” -- Stetson Bennett, Quarterback, Georgia Bulldogs
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Joined: Aug 2002
Posts: 14,074
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2002
Posts: 14,074 |
Student loans, credit cards and new cars when we were young. By the time we were in our mid-twenties, we had almost 100k in debt all-in. I did a pre-Dave Ramsey war with our debt and sold almost every gun I owned and anything else people would buy, cut cable, didn't have cell phones and packed our lunches and didn't eat out and we were out of debt except for our house by our early 30s and haven't carried a balance on a credit card ever since.
Biden's most truthful quote ever came during his first press conference, 03/25/21. Drum roll please...... "I don't know, to be clear." and THAT is one promise he's kept!!!
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Joined: Feb 2010
Posts: 17,927
Campfire Ranger
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Campfire Ranger
Joined: Feb 2010
Posts: 17,927 |
1. Reloading 2. Any BG rifle that’s not a 30-06
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Joined: Oct 2004
Posts: 50,170 Likes: 2
Campfire Kahuna
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Campfire Kahuna
Joined: Oct 2004
Posts: 50,170 Likes: 2 |
With out a doubt my first wife... almost ruined me Me too. I'm still married to her.
The only thing worse than a liberal is a liberal that thinks they're a conservative.
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Joined: Jun 2012
Posts: 4,774
Campfire Tracker
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Campfire Tracker
Joined: Jun 2012
Posts: 4,774 |
Never take financial advice from anyone still working after age 50, only take diet or exercise advice from someone in tip top shape over 70 Yeah because anyone working after 50 is a moron.
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Joined: Feb 2007
Posts: 11,834 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2007
Posts: 11,834 Likes: 3 |
Bought 20 acres in Montana to retire on. Changed our mind 10 years later, after the value of the land crashed. Lost six figures.
NRA Patron
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Joined: May 2002
Posts: 10,268 Likes: 2
Campfire Outfitter
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Campfire Outfitter
Joined: May 2002
Posts: 10,268 Likes: 2 |
Never take financial advice from anyone still working after age 50, only take diet or exercise advice from someone in tip top shape over 70 Yeah because anyone working after 50 is a moron. Unless work is more like play.
Lunatic fringe....we all know you're out there.
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Joined: Aug 2002
Posts: 37,968 Likes: 8
Campfire 'Bwana
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Campfire 'Bwana
Joined: Aug 2002
Posts: 37,968 Likes: 8 |
My biggest mistake was trusting my Ex with the finances, and not asking questions about major discrepancies.
"...if the gentlemen of Virginia shall send us a dozen of their sons, we would take great care in their education, instruct them in all we know, and make men of them." Canasatego 1744
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