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<p>[QUOTE=&quot;fatima, post: 1372704, member: 22143&quot;]There are two problems to this thinking in the context of this topic.&nbsp;&nbsp; <ol> <li>People who are focused on their purchase price either already know they made a mistake, or if not, then are blaming some external event for their demise and are not accepting that it was they who screwed up.&nbsp; In other words, given the same circumstances, they would repeat it.&nbsp; Look how many people think housing is a good deal because it has dropped 50% but completely ignore that it might drop even more.</li> <li>If you are &#039;long&#039; investing, such as bullion buying, then it becomes pretty difficult to learn anything from what you might have paid for something 5, 10, 15 years ago.&nbsp;&nbsp; What IS a mistake is in holding on to an investiment for that long, and potentially miss higher prices because you can&#039;t beat what you paid for it.&nbsp; This also describes many home buyers who have been riding prices down.</li> </ol><p>[/QUOTE]</p><p><br /></p>

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