1. Making Poor Stock Choices: Another problem is that nonprofessional investors tend to buy "hot" stocks that are getting publicity and are the center of "buzz." "I always buy high and sell low," grimaced one physician respondent. (compra no topo, vende no fundo)
2. Bad Real Estate Investments "Owing to the crash of 2008, I lost my house investment on a short sale, and one on undeveloped property that is still worth less than my investments." (culpa da bolha)
3. Being Too Good-Hearted: Sometimes a family member or close friend will approach you with what seems like an incredible idea, and a cant-miss opportunity. The problem is, it's easy to be buoyed by optimism when trying to help people you know, or be drawn into their enthusiasm. Sometimes these bad investments were made to help someone in need, or driven by your kind desire to come to the rescue of a friend or relative who is hurting. (negócio com o cunhado)
4. Getting Involved in a Great-Sounding Venture
This category brought the largest number of responses. Physician have apparently invested in everything, from a pizza franchise and a failed wine distributorship to a water park, a new casino venture, a delicatessen, a video company that went bankrupt, and a llama farm. (pulverizando o capital)
5.Holding Onto a Stock Way Too Long "I bought a stock that kept going down, and did not sell as losses were getting worse," said one physician, describing his biggest investment mistake. "I failed to cash in on a large gain, and the stock collapsed," said another. Others echoed similar sentiments. (tem que empatar)
6. Purchased Whole Life Insurance: Some people still feel that whole life insurance brings them benefits, but several physicians cited it as their worst investing mistake. "I lost my grandparental inheritance by buying life insurance," said one. "My mistake was to buy a variable adjustable life insurance policy. (100% garantido)
7. Oil and Gas Partnerships. These partnerships were popular investments in the 1990s. But many physicians reported that they invested in these vehicles and were sorry. "My oil and gas partnership lost money," lamented one respondent. "I bought stocks in oil drilling; now the share price is $0.02," says another. (OGX)
8. What on Earth Was I Thinking? "I bought a second house that I didn't need," says one respondent. "I bought a boat that was a money pit between dock fees, repairs, gas, and everything else," "We joined a country club because we thought it was so important to be friends with certain people; it cost a fortune year after year, and in retrospect, it was ridiculous." (ricão para os outros)
