http://www.thickenmywallet.com/blog/wp/2007/11/24/my-money-mistake-and-how-to-avoid-it/ Everything to do with thickening your wallet Wed, 01 Feb 2012 15:44:00 +0000 hourly 1 http://wordpress.org/?v=3.3 http://www.thickenmywallet.com/blog/wp/2007/11/24/my-money-mistake-and-how-to-avoid-it/comment-page-1/#comment-3084 Robert Ross Mon, 03 Dec 2007 19:49:40 +0000 http://www.thickenmywallet.com/blog/wp/2007/11/24/my-money-mistake-and-how-to-avoid-it/#comment-3084 I suffer from the same analysis. I was looking at CN at $15 and now it is up many multiples. I was looking at RIM when it was $15 when they had $13 in cash (this is not adjusted for the splits). What an idiot I was. But I held onto Nortel and rode it down. We are more afraid to sell stocks we own that have turned bad then to buy good stocks that are going up. I suffer from the same analysis. I was looking at CN at $15 and now it is up many multiples. I was looking at RIM when it was $15 when they had $13 in cash (this is not adjusted for the splits). What an idiot I was. But I held onto Nortel and rode it down. We are more afraid to sell stocks we own that have turned bad then to buy good stocks that are going up.

]]> http://www.thickenmywallet.com/blog/wp/2007/11/24/my-money-mistake-and-how-to-avoid-it/comment-page-1/#comment-3073 And the Winners are… Mon, 03 Dec 2007 06:58:30 +0000 http://www.thickenmywallet.com/blog/wp/2007/11/24/my-money-mistake-and-how-to-avoid-it/#comment-3073 [...] Thicken My Wallet reports how he suffered from “analysis paralysis” in researching a stock. [...] [...] Thicken My Wallet reports how he suffered from “analysis paralysis” in researching a stock. [...]

]]> http://www.thickenmywallet.com/blog/wp/2007/11/24/my-money-mistake-and-how-to-avoid-it/comment-page-1/#comment-2898 moneygardener (AKA investor99) Sun, 25 Nov 2007 17:33:27 +0000 http://www.thickenmywallet.com/blog/wp/2007/11/24/my-money-mistake-and-how-to-avoid-it/#comment-2898 Great post TMW. Sticking to a strategy through thick and thin and not getting distracted is key. Great post TMW. Sticking to a strategy through thick and thin and not getting distracted is key.

]]> http://www.thickenmywallet.com/blog/wp/2007/11/24/my-money-mistake-and-how-to-avoid-it/comment-page-1/#comment-2882 Canadian Capitalist Sun, 25 Nov 2007 00:04:32 +0000 http://www.thickenmywallet.com/blog/wp/2007/11/24/my-money-mistake-and-how-to-avoid-it/#comment-2882 Thanks for the plug TMW. I agree that analysis paralysis is a common financial mistake. My story on this topic is Apple. I analyzed and analyzed when you could buy the stock for free (I don't recall the details but it was trading at $15, had $13 per share in cash and had just come out with a shiny new toy called the iPod). Oh well, lesson learned! :) Thanks for the plug TMW. I agree that analysis paralysis is a common financial mistake. My story on this topic is Apple. I analyzed and analyzed when you could buy the stock for free (I don’t recall the details but it was trading at $15, had $13 per share in cash and had just come out with a shiny new toy called the iPod). Oh well, lesson learned!

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