Kiplinger

My Investing Misstep

Back in June 2000, this magazine ran an article titled "True Confessions," which related the tale of one editor's foray into the dark excesses of the dot-com-era stock market. The author, who chose to remain anonymous, confessed not only to investing in a number of wildly inflated tech stocks but also to buying them -- gasp -- on margin. "In retrospect," he wrote, "I

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