How Did You Lose Your Wealth? | FerrariChat

How Did You Lose Your Wealth?

Discussion in 'Other Off Topic Forum' started by SWB, Jan 23, 2015.

This site may earn a commission from merchant affiliate links, including eBay, Amazon, Skimlinks, and others.

  1. SWB

    SWB Formula Junior

    Joined:
    Nov 12, 2006
    Messages:
    964
    Location:
    Toronto & Ottawa
    Full Name:
    Seth
    Usually I always bet on green at the roulette tables in Vegas or Macau. This time I bet the wasabi farm on Risktaker's humanitarian private banking services. Best way to lose all your money by far. I highly recommend him. So what do you guys do to lose heaps of money? LOL
     
  2. HH11

    HH11 F1 Rookie Rossa Subscribed

    Joined:
    Sep 4, 2010
    Messages:
    3,344
    Individual biotech stocks.....those bastards will eat you alive :D
     
  3. NousDefions

    NousDefions F1 Veteran

    Joined:
    Nov 7, 2009
    Messages:
    7,635
    Location:
    NC
    Full Name:
    Brian
    This one time, my partner, Mortimer, bet me a dollar that we could take any schlub of my choosing off the street and replace our top trader with him. I took that bet. Turns out, our trader didn't like being put in the poor house, and the homeless guy was a lot smarter than we thought. They tricked us, through a phony Florida orange harvest report, into betting the farm on frozen orange juice concentrate futures.

    I lost my fortune, but I won that dollar from Mortimer.
     
    SynergyViper04 and bball16 like this.
  4. Dom

    Dom F1 Veteran Owner

    Joined:
    Nov 5, 2002
    Messages:
    8,489
    Reading F-chat...
     
    crinoid likes this.
  5. floridadoorman

    floridadoorman Formula Junior

    Joined:
    Jan 14, 2014
    Messages:
    392
    Location:
    Florida
    Full Name:
    Alex
    speculation on the tongue depresser market, ferrari and fiat restorations and anything and everything in the curvy and hot (over 40) threads in the other forums.....

    SWB: I always bet green (only when not on the board)....only thing that I make $$ in the casinos....no luck otherwise..
     
  6. F355steve

    F355steve Formula 3

    Joined:
    Apr 9, 2008
    Messages:
    2,089
    Location:
    Honolulu - Seattle - Okinawa
    Full Name:
    Steve
    When I was 19 I loaned $350 to a friend to help him buy a car. A 1985 Peugeot 505 4 door sedan riding on cut springs and with a straight through exhaust.

    Shockingly I lost 100% of my investment!!! I did learn a lot about why Peugeot left the US market though.
     
    bball16 likes this.
  7. Stevenb

    Stevenb F1 Rookie

    Joined:
    Aug 5, 2012
    Messages:
    2,799
    Location:
    Los Angeles
    Full Name:
    Steven
    Im too young for ex wives. Still got my $0.02
     
    Last edited: Jan 23, 2015
  8. Phil~

    Phil~ F1 Rookie Rossa Subscribed

    Joined:
    Aug 25, 2013
    Messages:
    3,937
    Location:
    Potomac, Maryland
    I bet big money on cytokine inhibitors. I lost everything because the FDA called my product ''backwards and moraly outrageous''. I cant figure out why. :(
     
  9. rdefabri

    rdefabri Three Time F1 World Champ

    Joined:
    Jun 4, 2008
    Messages:
    33,571
    Location:
    NJ
    Full Name:
    Rich
    Scooby snacks.
     
  10. Keith Jecks

    Keith Jecks Karting

    Joined:
    Dec 31, 2005
    Messages:
    60
    Buying a Ferrari...
     
  11. MARMIST

    MARMIST Formula 3

    Joined:
    Jul 1, 2014
    Messages:
    1,338
    current real estate market :(
     
  12. Bas

    Bas Four Time F1 World Champ

    Joined:
    Mar 24, 2008
    Messages:
    42,714
    Location:
    ESP
    Full Name:
    Bas
    see my answer in the other thread: how sid you make your wealth?

    Unicorn trade. I got sued by PETA for trying to sell a unicorn leather jacket with horn on the hood on ebay.
     
  13. bernardo66

    bernardo66 The Crazy Cat Man Lifetime Rossa Owner

    Joined:
    Dec 14, 2003
    Messages:
    26,526
    Location:
    Montreal Canada
    Full Name:
    Bernie
    Accidentally dropped my wallet in the sewer.
     
  14. Wade

    Wade Three Time F1 World Champ Owner

    Joined:
    Mar 31, 2006
    Messages:
    32,793
    Location:
    East Central, FL
    Full Name:
    Wade O.
    Why, divorce of course!
     
  15. tomc

    tomc Two Time F1 World Champ

    Joined:
    Apr 13, 2014
    Messages:
    26,056
    Location:
    DFW, Texas
    Full Name:
    Tom C
    That'd make a great movie! ;)
    T
     
    bball16 likes this.
  16. ASK328

    ASK328 Formula 3 Silver Subscribed

    Joined:
    Sep 23, 2005
    Messages:
    2,440
    Full Name:
    Andrew
    Grim reaper was good and got a few Fchaters
     
  17. norcal2

    norcal2 F1 Veteran

    Joined:
    Sep 21, 2007
    Messages:
    6,815
    Location:
    Sierra Nevada Triangle
    Yes ive had a few! the marriages were expensive also...
     
  18. Simon^2

    Simon^2 F1 World Champ

    Joined:
    Oct 17, 2005
    Messages:
    12,313
    Location:
    At Sea Level
    Jenny Craig franchises in Ethiopia.
     
  19. Mr. V

    Mr. V Formula 3

    Joined:
    Oct 23, 2004
    Messages:
    1,247
    Location:
    Portland, Oregon
    +1

    Ain't it the truth?
     
  20. GatorFL

    GatorFL Moderator Moderator Owner

    Joined:
    Nov 18, 2005
    Messages:
    16,961
    Location:
    Wellington, FL
    Full Name:
    Duane
    Ferrari parts.....
     
  21. RacerX_GTO

    RacerX_GTO F1 World Champ Silver Subscribed

    Joined:
    Nov 2, 2003
    Messages:
    14,749
    Location:
    Oregon
    Full Name:
    Gabe V.
    Tried to make replica Mini Coopers with a cache of 1976 Ford LTD's. Didn't go far.
     
  22. TheMayor

    TheMayor Ten Time F1 World Champ Rossa Subscribed

    Joined:
    Feb 11, 2008
    Messages:
    106,069
    Location:
    Vegas baby
    Executive Producer of Gigli and Glitter.

    No more movies with G in the title! :)
     
  23. mwr4440

    mwr4440 Five Time F1 World Champ Rossa Subscribed

    Joined:
    Jun 8, 2007
    Messages:
    57,941
    Location:
    Bavaria, The 'Other' Germany
    Full Name:
    Mark W.R.
    Gold and Girls. Both in the '80's.

    The divorces cost me NOTHING.

    The marriages cost me EVERYTHING.

    No Joke. :(
     
  24. gf1red

    gf1red Formula Junior

    Joined:
    Mar 5, 2006
    Messages:
    413
    Location:
    Staten Island N.Y.
    Full Name:
    Mike G.
    Voted for Democrats. Unfortunately it also cost most of this country it's wealth also.
     
  25. DK308

    DK308 F1 Rookie

    Joined:
    Aug 13, 2013
    Messages:
    2,738
    Location:
    Europe, way north.
    Full Name:
    AB
    I did High Yield Private Banking. It was supposed to net me a 94% profit each month. Instead, some shyster took 94% each month of the 100% I gave him. I can't figure out how it all went wrong...
     

Share This Page