The Biggest Financial Regrets

[libert19]

Paper profits are not real. I have gotten huge profits but in most of them didn't sell until these profits went bust. Imo, this way sadder than regrets mentioned in op, because here money comes to you and you turn blind eye towards it. I still have sleepless nights over amount of money I've given up by doing nothing.

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[YinShuiSiYuan]

This is a common instinct every human have and its universal that people have regrets and they always wish that they should have done this or done that at certain point of time .
I too have regrets of being quick about  quitting my job and I could have stayed there and give it some time.
So just get over with your regrets and live your life in today .

[Davian144]

many regret that, I regret that I used all my money to trade without buying real assets first such as land, or building a house, but from there I regret that I will not repeat it again. I will add to my list at the next opportunity.
due to bad trading 1 year ago i restarted now to collect it.

Regret always comes too late. Because if it comes too early, it's called the beginning not regret. But I salute you because you want to try again even though you have regretted the results of mistakes in the past, because a successful person is someone who always wants to try better even though he has fallen due to a storm that hit him in the past. Why is that, because everyone should not take the option of giving up before trying as hard as possible to achieve goals in life.

[Jody.Drummer]

many regret that, I regret that I used all my money to trade without buying real assets first such as land, or building a house, but from there I regret that I will not repeat it again. I will add to my list at the next opportunity.
due to bad trading 1 year ago i restarted now to collect it.

Regret always comes too late. Because if it comes too early, it's called the beginning not regret. But I salute you because you want to try again even though you have regretted the results of mistakes in the past, because a successful person is someone who always wants to try better even though he has fallen due to a storm that hit him in the past. Why is that, because everyone should not take the option of giving up before trying as hard as possible to achieve goals in life.

Talking about regrets, I think everyone must have regrets, whether it's in things that are not too complicated, even to the biggest thing they've ever done. But continuing to think about it and continuing to regret will not be a solution, in fact we will continue to be in uncomfortable thoughts all the time. What we have to do is make that regret a lesson, so we don't make the same mistakes that make us regret. There are many successful people who were born from the mistakes they made, I mean they learn from experience and they make it a motivation not to fall into the same hole.

[bangjoe]

For those who profit with stocks, crypto and other assets as other means of income. The most common regret is not having started earlier. Time spent idle could translate to opportunities missed.

There are some who believe the biggest danger is taking a chance. They play it safe. Not realizing not taking risks, could be the biggest risk of all.

To be honest, this mindset can be pursued and of course has different effectiveness, if we always play it safe and make it seem more comfortable it will create a point of stability which will lead to stagnation in entering and exiting finances and it will take a very long time to reach the point of success, different it's the case with people who take risks from the start, it may seem like gambling on their way but have a very dense fruit of experience which can help grow a mindset in executing the next opportunity and this process is much faster to change fate for the better (but if we can learn from every mistake.

In conclusion I'd rather take the risk early than miss the opportunity, even though the success ratio is 1:10 it's much better to learn the lesson sooner.
People say that big risk is seen from what can be lost when experiencing failure, but they don't see much knowledge provided by a failure that will make us better in the future.

Maybe when we start taking risks we will definitely fail in the process, but if we just keep quiet it is certain that he will fail before going to war.

Paper profits are not real. I have gotten huge profits but in most of them didn't sell until these profits went bust. Imo, this way sadder than regrets mentioned in op, because here money comes to you and you turn blind eye towards it. I still have sleepless nights over amount of money I've given up by doing nothing.

Yes, we often encounter this behavior from most people who regret after investing who think that even longer they will get more profit, and after a while what makes it profitable turns out to be a loss because it holds on too long and continues to hold it so that regret is the final result because what he could sell is worthless due to bankruptcy.

[panganib999]

Let's face it. Nobody here is a total risk-taker and sometimes we pass ip on opportunities that we feel aren't ours. I myself, a dedent investor as I am (I think so) happened to have a couple of financial regrets too in the past. For instance, I was one of the dew people who weee able to cash in on bitcoin when it was at its lowest price back in 2020, and I quickly reaped the profits too, but only after it reached 40k. I chickened out thinking that the bubble is going to explode st 40-45 so it's better if i cash on what I already have and not let "greed" as I put it take over my mental. Well judging from history we all know I missed out on something big.

But did it ever stop me from investing? Nope. In fact I take it as a challenge/inspiration to become more smart and risk-taking when it comes to investing.

[Silberman]

Let's face it. Nobody here is a total risk-taker and sometimes we pass ip on opportunities that we feel aren't ours. I myself, a dedent investor as I am (I think so) happened to have a couple of financial regrets too in the past. For instance, I was one of the dew people who weee able to cash in on bitcoin when it was at its lowest price back in 2020, and I quickly reaped the profits too, but only after it reached 40k. I chickened out thinking that the bubble is going to explode st 40-45 so it's better if i cash on what I already have and not let "greed" as I put it take over my mental. Well judging from history we all know I missed out on something big.

But did it ever stop me from investing? Nope. In fact I take it as a challenge/inspiration to become more smart and risk-taking when it comes to investing.

Exactly, since we cannot know the future in advance this means that we will make mistakes and take a higher risk than what we want on certain things and regret doing so, but at the same time we overrate the risks of some activities and we do not participate on them until way later than we would have liked, so as we can see they are just different sides of the same coin, but as long as we have a good head over our shoulders we should be able to still be able to make the most out of our investments and earn money this way.

[Obari]

Well I've always know that regrets always comes at the end and that's why we always have people get to say "Had I know" which is a clear show of regrets.
I've always trained myself never to make regrets for any of my actions no matter how bad they mist have seem a s this is because I believe that every action I must taken in the past all shaped me to the person I am now and I've always told people because I'm a witness to the fact that every disappointment is an obvious business and no long in disguise..
People have to understand that they can't change the hands of time and they neither can't go back to temper with the past but the past should always be a mirror of reflection to make the right future decisions.

[Oasisman]

I think being part of financial issues and trying to invest through many disasters happening around you is eye-opening experience. I can count dozens of time I felt regret with my decisions. But things can teach you a lot more when you experience it at first hand. My biggest regret was to not take debt to invest in Bitcoin while I was hired and working. I wasn't spending a lot of money so I could safely pay it back with my wages. When Bitcoin hit top I could be one of these people that made a lot of money. Its hard to decide sometimes.

Decisions are always hard to make, we might only feel that some decisions were easy well that's because we know it's the safest for us. Regrets are inevitable and that's a part of being a human, however not everyone dwells on it but took it as an experience for you to grow and understand the things why opportunities like these didn't exist nor didn't caught your interest before.
Let's take your scenario as an example. What if you've made the debt and put it all in Bitcoin and then suddenly market crashed? You'll never know how would you react to that certain situation, you might have sold it at a lower price to avoid further losses. You can't be certain that your grounds are as firm as today in terms of holding and being patient before. So, that's just some of the things that might have happened and you've prevented it.

[AmoreJaz]

Well I've always know that regrets always comes at the end and that's why we always have people get to say "Had I know" which is a clear show of regrets.
I've always trained myself never to make regrets for any of my actions no matter how bad they mist have seem a s this is because I believe that every action I must taken in the past all shaped me to the person I am now and I've always told people because I'm a witness to the fact that every disappointment is an obvious business and no long in disguise..
People have to understand that they can't change the hands of time and they neither can't go back to temper with the past but the past should always be a mirror of reflection to make the right future decisions.

just remember, if you haven't experienced failure, you won't know your mistakes. so yeah, it is ok to make mistakes so long you learn from it and won't do it over and over again aware of your mistakes.
failure is not avoidable. most successful persons have experienced such at one point in their lives. you won't appreciate success if you haven't experienced failure.

[Obari]

Well I've always know that regrets always comes at the end and that's why we always have people get to say "Had I know" which is a clear show of regrets.
I've always trained myself never to make regrets for any of my actions no matter how bad they mist have seem a s this is because I believe that every action I must taken in the past all shaped me to the person I am now and I've always told people because I'm a witness to the fact that every disappointment is an obvious business and no long in disguise..
People have to understand that they can't change the hands of time and they neither can't go back to temper with the past but the past should always be a mirror of reflection to make the right future decisions.

just remember, if you haven't experienced failure, you won't know your mistakes. so yeah, it is ok to make mistakes so long you learn from it and won't do it over and over again aware of your mistakes.

Exactly mate and there is no need having regrets over the past and most times people tend to judge their lives with the lives of others forgetting that we have different roles to play in the world and at the end we're not leaving the world alive.
We only live once and people ought to do what seems right to them and stop bothering over what the future holds because even the future isn't guaranteed

[dunfida]

Paper profits are not real. I have gotten huge profits but in most of them didn't sell until these profits went bust. Imo, this way sadder than regrets mentioned in op, because here money comes to you and you turn blind eye towards it. I still have sleepless nights over amount of money I've given up by doing nothing.

This would really be a never ending kind of flashbacks and recalling and until you dont move on into this situation then you cant really step your foot forward.Im aint saying that someone
could really always be having that positive outcome or results into their investment because we know that decisions would really be that subjective to each person because we do really have that different
goal and targets in life. It is really just that when greed kicks in then it would be an another story.

This is a common instinct every human have and its universal that people have regrets and they always wish that they should have done this or done that at certain point of time .
I too have regrets of being quick about  quitting my job and I could have stayed there and give it some time.
So just get over with your regrets and live your life in today .

We dont really have any choice but to move on because if you dont then you would really be keep on coming back and minding on what you have done. You wont really be able to face up your life and move ahead
if you do keep on recalling things. Whats done is done and the thing we would be needing is to adjust according into those mistakes and learn from it so that in next time we do already know on what
we should gonna do if ever we do face up on the same condition once again but well it isnt something that easy as it sounds though specially if the said amount was lost or opportunity
is something that you can easily forget.

[ChiBitCTy]

Working in finance, and I'm currently heading up my states retirement plan program, so I've go over 63,000 participants who come to me for financial help at any point in time.  The biggest thing I see with my clients is they don't invest enough early on, they have unrealistic expectations, and often they are investing properly.

The biggest regret most people have is not meeting with someone knowledgeable that can help them out soon enough. I can't tell you how many clients I speak with in their 50's and 60's who have no or next to no savings at all.

I've never heard a client tell me that they've saved too much.  Keep this in mind!

[Alpha Marine]

Probably many of us are just drinking and smoking during our high school days.  I wish we didn't sell our fishing boat, I would have continued the business.

One of the biggest regrets that rich old people told me is that they didn't produce many kids when they were younger.  I think I already understood what they mean by it. Because you want the things you have to give to them  If you have big properties, gold, and BTC, you would want your kids to have them after you die but having none or just one is just not very productive.

The way I see it, very few people don't have one or two things they wish they had done or didn't do when they had the chance. Life can be unfair that way. That's why I always say we should try as much as we can to live our best life while we still can.
I know it's easier said than done but it's something we can all learn. I'm certainly in the learning process myself.
I'm trying to see life a whole lot differently.
Like Nike said, "Just do it". If it's an investment you want to go into, just do it if you have the money for it. If it's kids you want, just get them if you have the resources to take care of them. A vacation? Go for it. Life's not always going to make decisions for us, most times we have to make decisions for ourselves, so we should try to make decisions we won't regret in the future.

[Cling18]

We all have frustrations and regrets for letting some opportunities pass without grabbing them while we're younger but that should not be a reason for us to remain regretful for the rest of our lives. Opportunities are still around and it's not even late for us to grind and invest in profitable projects that we know or even put up a business that we want. Some successful people have reached their dreams when they got older so there's still time for us to grind hard and grab more opportunities. We might regret not grabbing chances before but our time will still come.

[tjtonmoy]

Why think too much about the past? Focus on building your future based on your present. Be happy with what you have right now and try to improve that to be more successful in that. The more you think about your past or focus on other's achievement, the more you go away from your own goals. Make your own plans and work on it.

I could have, I should have, why haven't I......... It's all past. I don't think about them, even tho I do have some regrets. But that should not interfere with my present and not ruin my future.

[Sir Legend]

Regrets for always coming late, I'm sure we have done what we think was the best in the past, for example when in 2017 the price of bitcoin reached more than 19k then in 2018 we sold it for $ 12k, of course that's not wrong because the price continues to drop below $4000, we're sorry because right now the price is around $29k and it even reached $69k once, but if the current price is only $2000 of course we think we've done the best thing.

[|MINER|]

Regrets for always coming late, I'm sure we have done what we think was the best in the past, for example when in 2017 the price of bitcoin reached more than 19k then in 2018 we sold it for $ 12k, of course that's not wrong because the price continues to drop below $4000, we're sorry because right now the price is around $29k and it even reached $69k once, but if the current price is only $2000 of course we think we've done the best thing.

In reality the days more will go the regrets will more increase because the price of bitcoin will not stop at it current price and also the all time high 69k. The price will increase constantly so after four or five years later we will also regret like today's because after five or four years later thiere will be more increase of price we are gonna saw. So don't stay with those regret and look forward to the future because if we do those kinds of regrets then we will not do the exchange of bitcoin and the adoption will become low and the price not gonnna increase what we really wannt

[Uruhara]

Why think too much about the past? Focus on building your future based on your present. Be happy with what you have right now and try to improve that to be more successful in that. The more you think about your past or focus on other's achievement, the more you go away from your own goals. Make your own plans and work on it.

I could have, I should have, why haven't I......... It's all past. I don't think about them, even tho I do have some regrets. But that should not interfere with my present and not ruin my future.

Regret will always be there. but yeah it's true that we shouldn't focus too much on the past. unless we learn from the mistakes we previously made and made us unsuccessful. and at this time of course our focus is to build our careers today. having goals and staying focused on those goals can at least maintain our motivation to work hard.

The past cannot be changed but today we can be better because we learn from the past.

[hannahB4]

For me, the biggest financial regret I have is involving myself in a Ponzi scheme that promised to pay back a week to get double the amount of what I invested. This happened when I was in school struggling but with the little money I have, I entered, till today both the principal and interest are nowhere to be found.