http://www.thedividendguyblog.com/my-biggest-financial-blunder/ One Guy's Journey to Passive Income Through Dividend Investing Fri, 10 Feb 2012 13:02:29 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.thedividendguyblog.com/my-biggest-financial-blunder/comment-page-1/#comment-1850 finance girl Wed, 23 Aug 2006 02:27:00 +0000 http://www.thedividendguyblog.com/2006/08/22/my-biggest-financial-blunder/#comment-1850 Well here's one that'll make you feel better. My cousin has a relative who works for Calpine, and 5 years ago this Calpine relative was telling him and other family members to "buy calpine!!!" well they all did, of course, without batting an eye. They bought it for over $35 and today? Well if you know about this one, it's messy. Calpine is the 8th largest US bankruptcy and today it's stock is around 32 cents. AND, they didn't sell!!! They held onto it and say to this day "oh, it will go back up! crazy!!! Well here’s one that’ll make you feel better. My cousin has a relative who works for Calpine, and 5 years ago this Calpine relative was telling him and other family members to “buy calpine!!!” well they all did, of course, without batting an eye. They bought it for over $35 and today? Well if you know about this one, it’s messy. Calpine is the 8th largest US bankruptcy and today it’s stock is around 32 cents. AND, they didn’t sell!!! They held onto it and say to this day “oh, it will go back up! crazy!!!

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