Investing is broad, but necessary, category in a person’s personal finance world. Leaving your savings in just cash never made much sense nevertheless at today’s rates. Investing is often thought about in terms of buying stocks, but it is more than that, you could invest in an insurance based product, real estate, a business, yourself, etc.
I learned a trading lesson that I thought I was better than. Two caveats before I work through what happened in an effort not to make the same mistake twice: We are not talking about a lot of money actually lost. This isn't a four or five digit mistake. Just a few hundred dollars of gains that were lost; and We are talking about pure trading/speculation. The moves I made/didn't make should not be considered long term investing. This was basically betting without the sports. Normally I would just move on from this type misstep but I feel like I should be accountable to [...]