Quote:
Originally Posted by Detroitdad
I envy you that you have had the luxury to wish that you had more savings younger. Shortly after I had started saving and investing for the long term a substantial portion was wiped out by the internet/tachnology bubble. And I did not even get the joy of daytrading or even owning internet stocks, but the mutual funds I owned got hammered. So, paradoxically I am one of the rare people who can say, "i wish I had not invested so much when I was young." It was a hard way to learn a valuable lesson.
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Sounds like you and I got started around the same time. I thought I was an investing genius in early 1999 before the bubble burst. Yeah, I lost a lot of my first investments, but with 30 years to go those big dips will be times that I picked up cheap shares.
Just for kicks, what was your biggest flop in those days? Mine was Fidelity's aggressive growth fund. I owned the majority of my shares in the 60-80 dollar range. It dropped to $12.