Hindsight is 20/20: Investments that went bad

[BettaFan]

Not all good idea make money, some lose billions of dollars

Sometimes we make investments that — though they seem like a great idea at the time — just turn out horribly, horribly wrong. Take a look back at some business moves that, for one reason or another, left investors cringing with regret.

http://money.ca.msn.com/investing/gallery.aspx?cp-documentid=23996461

 

[Pompal 09.]

Time Warner bought AOL for a whopping $164 billion in 2000, almost immediately preceding a burst of the dot-com bubble that sapped much of the Internet provider's value. A stubborn resistance to embrace high-speed Internet access was one of AOL's many shortcomings, which eventually led to Time Warner dumping America Online from its company name. Time Warner's stock, which sold at $138.82 per share at the time of the merger, now trades for around $33 per unit.

How can we forget that one, it was a huge blunder.

 

[Zaylenn]

Nothing compares the way Dubai spend billions on their man made Islands.

 

[Iamkindacool]

Interesting investments, although it's hard to make it big without taking some risk.

 

[Brit K]

Why the rich get richer, buying 100 shares of microsoft its first year vs 10,000 shares - do the math.

 

[jenna - TBraaays fan!xo]

The Millennium Dome

According to one source, the building still costs more than $1.5 million per month just to maintain.

YIKES

 

[Ballet Dancer]

Yup Edgar Bronfman screwed up big time wasting his Father's empire.