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Reply to "What were your biggest financial mistakes?"
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[quote=Anonymous]I am older. Just out of college, my father though I should learn about investing and set me up at a broker with the firm he worked with. They were few other options at the time; Vanguard existed but was not so well-known. The broker convinced me to buy stock in a company that went under, so I lost all of my small investment. That taught me two things: 1) always do your own due diligence and 2) always invest in low cost index funds. In retrospect, the price for these lessons was cheap.[/quote]
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