Your pops should have just put you to work to make up for the loss.I got into computers by a mistake. The company my dad worked for when I was a kid gave him a take-home engineering computer to do CAD stuff while off-site. I decided to be a good boy and "boost it up" for him and make it go faster by cleaning out some "unnecessary" files (who needs all these useless ICO and DLL files anyway??) and ending up making it unbootable (Win NT4 for the record - back in the mid to late 90's) . $700 repair bill - ouch (which back then was a LOT of money). I was pretty much grounded from ever touching a computer again, which fueled my desire to learn how they worked so that I could actually fix them properly. And now I am an IT admin. Wait a minute, I think I'm still being punished...:hmm:
Did what I thought was very good "due diligence" and bought into a stock. Kept buying into it, though it started falling. Knew I should have been dumping it and taking the "small" loss but the emotion kept saying to hang on...going to be rich.
Well, it kept falling and I kept buying, even into $20,000 margin. Thought that I could pay the margin off and get all the benefits of the big bounceback that it just "had to do".
It didn't and I fell into a terrifying cycle of margin calls...about every two to three days. Of course, instead of dumping then, I kept saying (in a panic) that I had to make it up...it's going to make it up....it didn't.
At one point, my account went negative (because of the margin). It took a bounce and I had to unload...left me with $0.25 in my account. Had to call the broker just to ask them to not charge me margin interest meaning that I would have owed them just to get rid of the stock.
The hardest thing that I ever had to do was to go home and explain to my wife that I had just lost $59,000+ dollars. Expecting the worst, she gave me her best. The only condition for forgiveness was to promise her no more....an easy promise to make considering what I had just done.
My yearly $3,000 write off reminds me of that sad moment of my life each and every year.....for 16 more.
And what makes it even more sad is that I "KNEW" that I should dump it.....just emotion took over and lost all sense of logic. I have shed tears several times over the pain of that loss and also to the relief that my wife was far more loving and understanding that I would have give her credit for. A very painful and a true mistake that I will never forget....
:'\:'(
I tell this painful story in hopes that it will somehow prevent someone from ever doing what I did and having the pain or the displeasure of telling your loved one that you lost so very much of what you both had worked so hard for.....
Do you regret any of the decisions that you made c. October, 2011?
:hmm:
Why am I not surprised Neckbeard fails once again at English?Double negative.
So you regret banging a girl in high school then?
Why am I not surprised Neckbeard fails once again at English?
This one. I'm the good looking one.
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I have no trouble reading your name, Mike Bracken. What does that have to do with the price of tea in China?Because you don't know how to read my name, let alone my posts.
I have no trouble reading your name, Mike Bracken. What does that have to do with the price of tea in China?
It's currently HAL9000, Necky.So what's my username on this forum?
It's currently HAL9000, Necky.
Postcount++
I never claimed to know your name, I claimed to be able to read your name. Maybe you can't read. Congratulations?You can read, congratulations.
Also as you claim to know my name, what's my middle name?
I never claimed to know your name, I claimed to be able to read your name. Maybe you can't read. Congratulations?
Periods are so overused! Don't you agree‽Why the question mark?
Periods are so overused! Don't you agree‽
My favorite period is the hockey kind. In the US, full stops are what no one ever does at stop signs.In England we call them full stops. Unless you are talking about menstruation.
My favorite period is the hockey kind. In the US, full stops are what no one ever does at stop signs.
I'd say you're missing out, but you don't seem to enjoy sports.I know nothing about hockey, Field or Ice.
getting married was by far the biggest mistake of my life.
I'd say you're missing out, but you don't seem to enjoy sports.
I have only one major regret.
This is over 10 years ago now I broke up with one of my ex's cause she cheated on me right after it turned into a LDR, which you would think is a totally normal thing to do when someone cheats.
However looking back on it i can see now how my jealousy/actions is what brought it on, and other than the cheating we were perfect for each other. I have never found anyone since that made me feel the way i did while we were together. They were honestly the best 9 months of my life. The sex was incredible, still to this day the best i have ever had. Thats probbaly why we still see each other a few times a year to "bring back some memories" as she calls it even though she got married 9 years ago and ive been in a relationship for the last 7 years.