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What’s the most foolish decision you have ever made?

Invest your money on what you know how to do and chances are high that you will succeed.

Photo credit: Shutterstock

Of all the foolish things I’ve ever done in my 20-something years, it was to sink my money into a business I knew nothing about. A hardware. I kid you not, I actually threw a good amount into a hardware that brought me nothing but unshed tears of regret. Everywhere I went, I would spot fully stocked hardwares which seemed to be doing quite well going by the many cars I’d see parked outside the establishments. I asked myself why I wasn’t taking advantage of this bestseller, which seemed like it would make me a big pot of gold.

Many months later, I’m still smarting from that absolutely idiotic decision. I learnt a couple of lessons from that ill-conceived investment, even though at the time, I believed that I would hit the jackpot within a year and finally retire while I was still young enough to enjoy the many good things that the world has to offer, before arthritis struck and confined me to a chair.