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Actually - in terms of "life" - the biggest financial mistake was lending hubby's daughter $10k to buy a car ... the issues involved in trying to get her to be responsible and pay the money back (at the terms she set) cost us any close relationship.

Personally - rather than financially - this was also mine. Lent $10k to stepdaughter - interest free - she paid back half then stopped paying or communicating (asides from asking for more money). I was friendly and open in trying to get her to repay - then blew my top with some home...

only one word - OUCH!

Buying $30k worth of shares in 2008 ... now worth less than $5k Getting caught up in the buying frenzy of 2004 for CG and ignoring cashflow - doing a knockdown/rebuild at the top of the market - market crashed - having to sell rebuild for $200k less than costs - sold all IP's in a panic to...