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Re: Worst financial decision you ever made?
[Re: Tbar]
#9195608
03/06/25 04:27 AM
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Joined: May 2009
Posts: 25,106
dkershen
Rev Dave
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Rev Dave
Joined: May 2009
Posts: 25,106 |
Bought a house in the late 90s and me and the Mrs had enough Sprint stock in the brokerage to sell and pay cash (we both worked there). I told her it had been on a good ride and we should use it to own our home free and clear. She put her foot down and insisted we needed to keep the stock and stay invested in the company we worked at. Six months later it had lost 95% of its value and never rebounded before the T-Mobile buy out.  Only silver lining is that shortly after that she backed out of all our financial decisions and left the brokerage and 401k account management to me.
To be sure of hitting the target, shoot first and call whatever you hit the target.www.NewHopeEquine.com - Health and Healing through Horses.
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Re: Worst financial decision you ever made?
[Re: Tbar]
#9195615
03/06/25 05:03 AM
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Joined: Jun 2011
Posts: 37,461
Buzzsaw
THF Celebrity
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THF Celebrity
Joined: Jun 2011
Posts: 37,461 |
My list is LONG and undistinguished. In fact, I could count my good ones on one hand 
SPACE FOR RENT
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Re: Worst financial decision you ever made?
[Re: Tbar]
#9195620
03/06/25 06:18 AM
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Joined: Oct 2013
Posts: 6,399
Ol Thumper
THF Trophy Hunter
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THF Trophy Hunter
Joined: Oct 2013
Posts: 6,399 |
Heavy equipment is my addiction so it’s a long list 
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Re: Worst financial decision you ever made?
[Re: Tbar]
#9195627
03/06/25 06:39 AM
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Joined: Nov 2011
Posts: 10,917
unclebubba
THF Celebrity
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THF Celebrity
Joined: Nov 2011
Posts: 10,917 |
My ex wife. Cost me tens of thousands of dollars on custody suits. Closer to $100k than $50k. And that was just the lawyer fee portion.
Last edited by unclebubba; 03/06/25 06:41 AM.
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Re: Worst financial decision you ever made?
[Re: topwater13]
#9195632
03/06/25 06:55 AM
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Joined: May 2009
Posts: 25,106
dkershen
Rev Dave
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Rev Dave
Joined: May 2009
Posts: 25,106 |
Actually.. best financial decision I ever made was emptying all my bank and retirement accounts to gain custody of my son and jettison the first wife. By far. Not even close. 
To be sure of hitting the target, shoot first and call whatever you hit the target.www.NewHopeEquine.com - Health and Healing through Horses.
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Re: Worst financial decision you ever made?
[Re: Tbar]
#9195653
03/06/25 10:02 AM
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Joined: Mar 2010
Posts: 15,598
ntxtrapper
THF Celebrity
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THF Celebrity
Joined: Mar 2010
Posts: 15,598 |
In 1993 I bought two ribeye steaks and when I got home I remembered I had a buy one get one free coupon in my pocket.
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Re: Worst financial decision you ever made?
[Re: Tbar]
#9195673
03/06/25 01:00 PM
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Joined: Dec 2008
Posts: 5,493
LonestarCobra
THF Trophy Hunter
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THF Trophy Hunter
Joined: Dec 2008
Posts: 5,493 |
Wife had a worn out 1992 Grand Am when we got married. Local dealer had a new 1999 Trans Am she thought she had to have. What POS car that was, we sold it in 2003 when we found out the kids booster seat wouldnt fit in the back seats. Too much purchase price, low quality, and horrible re sale.
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Re: Worst financial decision you ever made?
[Re: Tbar]
#9195677
03/06/25 01:04 PM
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Joined: Oct 2024
Posts: 315
Paul 1167
Bird Dog
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Bird Dog
Joined: Oct 2024
Posts: 315 |
Paul T. Fort Worth, TX
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Re: Worst financial decision you ever made?
[Re: Tbar]
#9195684
03/06/25 01:16 PM
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Joined: Sep 2009
Posts: 14,161
NDN98
THF Celebrity
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THF Celebrity
Joined: Sep 2009
Posts: 14,161 |
No doubt, my worst financial decision was choosing to have kids, but I wouldn't trade it for the world.
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Re: Worst financial decision you ever made?
[Re: dkershen]
#9195689
03/06/25 01:31 PM
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Joined: Oct 2010
Posts: 3,239
topwater13
Veteran Tracker
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Veteran Tracker
Joined: Oct 2010
Posts: 3,239 |
Actually.. best financial decision I ever made was emptying all my bank and retirement accounts to gain custody of my son and jettison the first wife. By far. Not even close.  100% correct when looked at from a macro point of view. I was just commenting in regards to short term, checks written, real estate lost....etc. May have cost me $$, but still the best decision I have ever made. By the grace of God, we did not have any children.
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Re: Worst financial decision you ever made?
[Re: Tbar]
#9195695
03/06/25 01:41 PM
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Joined: Jan 2006
Posts: 7,448
BenBob
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jan 2006
Posts: 7,448 |
The occupation I chose versus the occupation i should have chosen. The first wife (loosely used terminology.)
Tired, Wired, and Uninspired
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Re: Worst financial decision you ever made?
[Re: Tbar]
#9195708
03/06/25 02:19 PM
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Joined: Oct 2009
Posts: 12,811
wp75169
THF Celebrity
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THF Celebrity
Joined: Oct 2009
Posts: 12,811 |
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Re: Worst financial decision you ever made?
[Re: wp75169]
#9195710
03/06/25 02:26 PM
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Joined: Jan 2015
Posts: 3,377
pertnear
"Demolition Man"
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"Demolition Man"
Joined: Jan 2015
Posts: 3,377 |
+1 
"I haven't shot a 1,000 deer, but I've sat around a 1,000 Texas camp fires. I'm a happy man." - pertnear
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Re: Worst financial decision you ever made?
[Re: Tbar]
#9195713
03/06/25 02:32 PM
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Joined: Feb 2012
Posts: 11,528
DQ Kid
THF Celebrity
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THF Celebrity
Joined: Feb 2012
Posts: 11,528 |
I'm sure I've missed out on some stock investment type things but overall been a fairly pragmatic investor/spender of funds and have certainly "hit" on many more things than have "missed" on. Actually, I really wish I had purchased 300-500 acres back in 2008 in Young County instead of 70, that was for sure a missed opportunity I regret today.
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Re: Worst financial decision you ever made?
[Re: Tbar]
#9195719
03/06/25 02:36 PM
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Joined: Apr 2005
Posts: 46,281
Stub
THF Celebrity
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THF Celebrity
Joined: Apr 2005
Posts: 46,281 |
Do not remember the exact year, in the mid 90's when the energy sector was very low, bought stocks of Harken Energy at .96 ¢ instead of small oil & mainly gas company that I cannot remember the name of that looked very interesting at $1.17 a share. Stupid rationale on my part was Harkin was supposedly drilling a huge oil play in S. America and its website boasted that Governor Rino Bush was once a major stock holder. Well heck the upside on this has to be huge right? Nope Buffalo breath there was a reason Bush was a previous stock holder and not a current one at the time  Sold it for $1.18 after it kept wobbling around between $1.15 & $1.23 That little mainly gas company I passed on got bought out by Cross Timbers/ XTO Oil Co. Shortly after that stock prices for Cross Timbers/XTO went through the roof because of their vast natural gas holdings and the soaring prices of natural gas , then Exxon Mobil bought XTO sending prices even higher.
Last edited by Stub; 03/06/25 02:38 PM.
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Re: Worst financial decision you ever made?
[Re: BOBO the Clown]
#9195721
03/06/25 02:39 PM
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Joined: Nov 2012
Posts: 16,748
QuitShootinYoungBucks
THF Celebrity
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THF Celebrity
Joined: Nov 2012
Posts: 16,748 |
How many dry holes did you drill? I only drilled one, but that was like lighting $7,000 on fire. Guy didn't know chit, apparently.
https://web.archive.org/web/20170223065011/http:/www.rrdvegas.com/silencer-cleaning.html
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Re: Worst financial decision you ever made?
[Re: NDN98]
#9195725
03/06/25 02:47 PM
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Joined: Jun 2011
Posts: 37,461
Buzzsaw
THF Celebrity
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THF Celebrity
Joined: Jun 2011
Posts: 37,461 |
No doubt, my worst financial decision was choosing to have kids, but I wouldn't trade it for the world. UGHHHHH SO true! Mine is 34 years old and still on the payroll. 
SPACE FOR RENT
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Re: Worst financial decision you ever made?
[Re: Tbar]
#9195734
03/06/25 02:55 PM
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Joined: Jan 2019
Posts: 4,787
10 Gauge
Extreme Tracker
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Extreme Tracker
Joined: Jan 2019
Posts: 4,787 |
Probably a toss-up between fishing, hunting, marriage, and kids. But my biggest expenditures bring me the most satisfaction👌
Joshua 1:9
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Re: Worst financial decision you ever made?
[Re: topwater13]
#9195745
03/06/25 03:10 PM
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Joined: Jul 2011
Posts: 10,461
Old Rabbit
THF Celebrity
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THF Celebrity
Joined: Jul 2011
Posts: 10,461 |
This!!!! The first one cost me quite a bit, the second (and last) one has been great. On a side not. Never forget about what you have in the shared safety deposit box. OUCH!!!!!!!!!!!
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Re: Worst financial decision you ever made?
[Re: Tbar]
#9195753
03/06/25 03:27 PM
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Joined: Dec 2011
Posts: 14,600
Ramsey
Pepe' Le Pew
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Pepe' Le Pew
Joined: Dec 2011
Posts: 14,600 |
![[Linked Image]](https://texashuntingforum.com/forum/pics/userpics/2025/03/full-33037-447085-img_0447.jpeg) The one on the left!!!! 20 Years of that mess
FKH!!!!
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Re: Worst financial decision you ever made?
[Re: Tbar]
#9195856
03/06/25 06:26 PM
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Joined: Jan 2009
Posts: 20,335
Judd
#1 Creedmoor Fan
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#1 Creedmoor Fan
Joined: Jan 2009
Posts: 20,335 |
Mine would be stuff I didn't do more than stuff I have done...now my car habits are likely my biggest financial dumb thing but no regrats on those. But I've missed more deals I didn't pull the trigger on than ones that I've lost...I guess that's the fiscally conservative nature in me.
Don't let your ears hear what your eyes didn't see, and don't let your mouth say what your heart doesn't feel As much as I hate to admit it, I do like my truck
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Re: Worst financial decision you ever made?
[Re: QuitShootinYoungBucks]
#9195863
03/06/25 06:39 PM
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Joined: Apr 2007
Posts: 62,957
BOBO the Clown
kind of a big deal
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kind of a big deal
Joined: Apr 2007
Posts: 62,957 |
How many dry holes did you drill? I only drilled one, but that was like lighting $7,000 on fire. Guy didn't know chit, apparently. One, technically it wasn’t dry, <100 gpm, I moved location and next hole was 500gpm
Far better it is to dare mighty things, to win glorious triumphs, even though checkered by failure, than to take rank with those poor spirits who neither enjoy much nor suffer much, b/c they know not victory nor defeat"- #26 TR
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Re: Worst financial decision you ever made?
[Re: batman]
#9195868
03/06/25 06:56 PM
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Joined: Apr 2013
Posts: 9,770
freerange
THF Trophy Hunter
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THF Trophy Hunter
Joined: Apr 2013
Posts: 9,770 |
X2 I spend more now but I can afford it now. There was a time in my life that I didn’t control what I spent vs what I could afford. Not the kind of money that devastated me but I could of invested at that time instead of spending and it would of helped.
At some point in life its time to quit chasing the pot of gold and just enjoy the rainbow. FR Keep your gratitude higher than your expectations. RWH
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Re: Worst financial decision you ever made?
[Re: Tbar]
#9195930
03/06/25 09:46 PM
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Joined: Sep 2007
Posts: 4,414
oldoak2000
Extreme Tracker
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Extreme Tracker
Joined: Sep 2007
Posts: 4,414 |
Joint account w/wife. I've found it's much easier just to 'make more money' than it is to fix her, lol!
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Re: Worst financial decision you ever made?
[Re: Tbar]
#9196024
03/07/25 01:34 AM
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Joined: Feb 2012
Posts: 11,528
DQ Kid
THF Celebrity
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THF Celebrity
Joined: Feb 2012
Posts: 11,528 |
Lots of women issues in this thread, no doubt it was the woman's fault in most of not all of them. Was too much hunting ever the reason for any of these divorces?
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