GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

Ljubljana, Slovenia - may 12 Bitcoin gold cryptocurrency trading chart on smartphone close up.

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you’ve got the option to read more about oureditorial guidelinesand our products and servicesreview methodology.

That said, even millionaires make financial mistakes, which can cost them a lot of money.

facebook sharing button

GOBankingRates spoke to a few of them, who shared what their biggest regrets are.

And while he said hes made a lot of money, he also made a lot of dumb decisions.

For instance, he bought several thousand dollars worth of a new layer-one token in early 2019.

twitter sharing button

Thanks a lot, Peter Schiff, he added.

Funnily enough the stocks I bought tanked in 2021.

If I had held most of my portfolio until mid-2021/2022 Id have made way more money!

linkedin sharing button

So that wasmy biggest regret.

Big money, he said, citing Dogecoin, as an example.

Suddenly, everyone started to talk about it.

email sharing button

Its like choosing the funniest horse in a race without seeing if it can even run.

More From GOBankingRates

Share This Article:

The Latest inInvesting