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Dropping 1/2 of your life savings after retirement into a single nest egg is sort of a classic mistake; one of the textbook things Not To Do when you read any i
by pnathan 13y ago
Dropping 1/2 of your life savings after retirement into a single nest egg is sort of a classic mistake; one of the textbook things Not To Do when you read any introduction to investing. It's one thing to get flummoxed by handling options and other derivatives; the common wisdom isn't so common there for the novice investor. But stocks are relatively well understood. :-/
It's a real bummer for this lady, and I hope she can figure out how to manage her losses without drastically affecting her life, BUT she committed a classic textbook error in stock trading.