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Learning to Invest / My Dumbest Investment

URL:  http://boards.fool.com/e-trade-30221432.aspx

Subject:  E-Trade Date:  8/23/2012  7:27 PM
Author:  duerks100 Number:  3573 of 3839

I bought and continued to buy E-Trade on its way down in 2008. The lesson I learned is don't buy a stock that's on fire assuming it probably can't get much worse. Wait for the fire to be absolutely put out and see if there is anything worth salvaging in the ashes. It is from this experience that I feel confident in buying AIG today.
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