5 bad financial decisions and how to recover

Investing » 5 Bad Financial Decisions And How To Recover

5 bad financial decisions and how to recover
1 of 7

Everyone makes a bad financial decision at some point. Whether your mistake is hanging onto a stinker of a stock for too long or stumbling into a black hole of credit card debt, recovery is possible.

One of the most important aspects of the salvage mission is having the ability to learn from past mistakes.

Though this list is far from comprehensive, it outlines some frequent missteps consumers make as they navigate their finances.


Show Bankrate's community sharing policy
          Connect with us

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

CDs and Investment

Can heirs cash an old trust?

Dear Dr. Don, The youngest of 6 children, I am 48 years old. My father joined the Navy at 22. In Italy, he met his bride and my mother, and returned to the U.S. to raise our family. In 1959, he bought a trust certificate... Read more



Sheyna Steiner

Man loses $100K, learns valuable lesson

Traders can make a tidy profit short selling stocks. But they stand to lose everything. That just happened to one guy.  ... Read more

Partner Center

Connect with us