What did you learn when you lost it all with investing?

[Brent Zande]

I think its so much easier to learn from others mistakes than it is to learn from others successes. Failure seems more traceable, easier to see where something went wrong than where everything went right. The onslaught of new investors in SFR has made me consider this a lot lately. What happens when there is a hiccup in their strategy. Some may be fine but I suspect many will be financially damaged for a long time. I hope you get something out of this and avoid these mistakes. Analyze what you are doing now. Is your risk tolerable if something goes sideways?