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Investments and Financial Planning

 
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Old 27-11-2008, 08:37 PM   #1 (permalink)
Tropo
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Investments and Financial Planning
Investments and Financial Planning
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Old 28-11-2008, 01:03 PM   #2 (permalink)
Andrew Newman
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Hi Tropo

Hopefully we don't have any real life scenarios like this one!

Would anyone like to discuss their own bad investment experiences and what the outcome was?

It may help others to learn more about the risks of investing.
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Andrew Newman - Financial Adviser
CMP Financial Planning Pty Ltd
Create, Manage, Protect - Your Wealth

The information provided above is general in nature, does not constitute financial advice and should not be construed as being specific to your investment objectives, financial situation or particular needs.
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Old 04-01-2009, 01:17 AM   #3 (permalink)
1300 GET A PLAN
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I decided to diversify my income once by investing in coffee vending machines.

This was a combination of bad investment and bad management on my behalf.

Lesson learnt was....don't invest more that you can afford to loose and always ask yourself, "what is the worst thing that could happen".

Other lesson was, stick to what you know best

This lesson cost me about $150,000.
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The above comments are not financial advice. Just my opinion. Always seek professional advice before you make any investment decision.
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