Nine houses lost, investor reflects on ‘stumbles’: California man speculated with ‘neg-am’ loans, now says it was mistake

[patientlywaiting]

"It really wasn't until five months ago that I realized, 'Hey, you know what? Not only am I going to lose everything I have invested but this is going to force me into bankruptcy," he said.

Piggs saw it coming years ago.  

[patb]

This guy is losing his house, his car and most likely his job
as well as his $800K nest egg.

He is young enough to recover, but just barely.

He is 37, his bankruptcy won’t be off the record until he is 45.

So he will have a hard time buying a new hosue before then
and it will take a few years tobuild equity in his retirement etc.

He was foolish

[patb]

This guy is losing his house, his car and most likely his job
as well as his $800K nest egg.

He is young enough to recover, but just barely.

He is 37, his bankruptcy won’t be off the record until he is 45.

So he will have a hard time buying a new hosue before then
and it will take a few years tobuild equity in his retirement etc.

He was foolish

[patb]

This guy is losing his house, his car and most likely his job
as well as his $800K nest egg.

He is young enough to recover, but just barely.

He is 37, his bankruptcy won’t be off the record until he is 45.

So he will have a hard time buying a new hosue before then
and it will take a few years tobuild equity in his retirement etc.

He was foolish

[patb]

This guy is losing his house, his car and most likely his job
as well as his $800K nest egg.

He is young enough to recover, but just barely.

He is 37, his bankruptcy won’t be off the record until he is 45.

So he will have a hard time buying a new hosue before then
and it will take a few years tobuild equity in his retirement etc.

He was foolish

[patb]

This guy is losing his house, his car and most likely his job
as well as his $800K nest egg.

He is young enough to recover, but just barely.

He is 37, his bankruptcy won’t be off the record until he is 45.

So he will have a hard time buying a new hosue before then
and it will take a few years tobuild equity in his retirement etc.

He was foolish

[pencilneck]

At least he learned a valuable lesson:

“Where I went wrong is I invested heavily in an area that wasn’t my passion and I had a really demanding full-time job so I couldn’t pay attention to nuances”

His real failure was in not quitting that pesky full-time job. If he had only had enough time to pursue the market’s nuances…

Better luck next bubble.

[pencilneck]

At least he learned a valuable lesson:

“Where I went wrong is I invested heavily in an area that wasn’t my passion and I had a really demanding full-time job so I couldn’t pay attention to nuances”

His real failure was in not quitting that pesky full-time job. If he had only had enough time to pursue the market’s nuances…

Better luck next bubble.

[pencilneck]

At least he learned a valuable lesson:

“Where I went wrong is I invested heavily in an area that wasn’t my passion and I had a really demanding full-time job so I couldn’t pay attention to nuances”

His real failure was in not quitting that pesky full-time job. If he had only had enough time to pursue the market’s nuances…

Better luck next bubble.

[pencilneck]

At least he learned a valuable lesson:

“Where I went wrong is I invested heavily in an area that wasn’t my passion and I had a really demanding full-time job so I couldn’t pay attention to nuances”

His real failure was in not quitting that pesky full-time job. If he had only had enough time to pursue the market’s nuances…

Better luck next bubble.

[pencilneck]

At least he learned a valuable lesson:

“Where I went wrong is I invested heavily in an area that wasn’t my passion and I had a really demanding full-time job so I couldn’t pay attention to nuances”

His real failure was in not quitting that pesky full-time job. If he had only had enough time to pursue the market’s nuances…

Better luck next bubble.

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