Goddammit ... :)

Thrugelmir

Shares move all the time because of "cos". That's the function of the market. Nothing worse than buying a share only for the price to drop due to unexpected bad news.

Snakey

My story is the other way around. I accidentally, by which I mean I don't even remember doing it, moved my entire pension pot to the "pre-retirement" fund (at the age of 29) about three months before 9/11. I didn't make any money, but had I not done it I'd have lost a bundle.

Most things I've missed out on are "if I'd known then what I know now" items (if I'd bought in London on the day I moved down here, if I'd bought gold in 2005 when a client advised me to...), so I'm not going to beat myself up about that other than perhaps wishing I'd been less naive/less risk-averse/asked the right questions of the right people.

kangoora

Snakey wrote: »

My story is the other way around. I accidentally, by which I mean I don't even remember doing it, moved my entire pension pot to the "pre-retirement" fund (at the age of 29) about three months before 9/11. I didn't make any money, but had I not done it I'd have lost a bundle.

Most things I've missed out on are "if I'd known then what I know now" items (if I'd bought in London on the day I moved down here, if I'd bought gold in 2005 when a client advised me to...), so I'm not going to beat myself up about that other than perhaps wishing I'd been less naive/less risk-averse/asked the right questions of the right people.

My 'lucky' one was similar. Got relocated to USA with my firm and decided to sell all my shares in the company savings scheme to get a car and buy stuff for the house. Firm was a dotcom high tech equipment supplier, date was September/October 1999 - I think I cashed in within a few percent of their all time high. They went chapter 11 in early 2009.

6 years ago, my current company offered a Sharesave at 61p so I cashed in an old Sharesave which was in deficit and started the new one. Turned £13.5k into circa £100k when they matured. It's brought my planned retirement date forward by years

First one was pure luck, second one was 'planned' but could still be construed as a little lucky - they could have gone bust I suppose (but unlikely).

EdGasket

yeah, all the time. I could have been a millinaire with the shares that have passed through my hands if I'd sold at the right time.

gadgetmind

kangoora wrote: »

First one was pure luck, second one was 'planned' but could still be construed as a little lucky - they could have gone bust I suppose (but unlikely).

Yup, but sharesave funds are held by a 3rd party (usually bank or building soc.) so pretty safe no matter what.