No. of Recommendations: 0
After about two years of playing with stocks and creating a fools portfolio, I watched my play money gain almost 60 percent. Thats when I got brave. I decided to put my money in a couple of 'old reliables' at&t and mcdonalds. They haven't exactly lit up the sky. Then I fell in love with a company that I thought, and still do think, had great potential. I thought about buying it at $65, it went up. I thought that it has to come back down... thought about it at $75... no way can it stay there... it has to come down... at $82 I decided there was no way I was going to miss this boat so I jumped into the bathtub without checking for icecubes. Two days later the boys were shriveling up and within a week they were in my throat. Last I checked gemstar was at about $46. Ah well. I figure it's only a loser if you sell and since I never got in for the short-term I'm still holding on.

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.