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How Did You Lose Your Wealth?

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

  1. SWB

    SWB Formula Junior

    Nov 12, 2006
    932
    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
    Silver Subscribed

    Sep 4, 2010
    3,018
    Individual biotech stocks.....those bastards will eat you alive :D
     
  3. NousDefions

    NousDefions F1 Veteran
    Rossa Subscribed

    Nov 7, 2009
    7,609
    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
    Rossa Subscribed Owner

    Nov 5, 2002
    7,724
    Southern California
    Full Name:
    Dom V.
    Reading F-chat...
     
    crinoid likes this.
  5. floridadoorman

    floridadoorman Formula Junior
    Owner

    Jan 14, 2014
    392
    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

    Apr 9, 2008
    2,026
    Waikiki
    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

    Aug 5, 2012
    2,666
    Los Angeles
    Full Name:
    Steven
    #7 Stevenb, Jan 23, 2015
    Last edited: Jan 23, 2015
    Im too young for ex wives. Still got my $0.02
     
  8. Phil~

    Phil~ F1 Rookie
    Silver Subscribed

    Aug 25, 2013
    3,223
    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
    Silver Subscribed

    Jun 4, 2008
    30,915
    NJ
    Full Name:
    Rich
    Scooby snacks.
     
  10. Keith Jecks

    Keith Jecks Karting

    Dec 31, 2005
    60
    Buying a Ferrari...
     
  11. MARMIST

    MARMIST Formula 3

    Jul 1, 2014
    1,310
    current real estate market :(
     
  12. Bas Jaski

    Bas Jaski Two Time F1 World Champ

    Mar 24, 2008
    29,466
    South Pacific
    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
    Moderator Owner

    Dec 14, 2003
    21,561
    Montreal Canada
    Full Name:
    Bernie
    Accidentally dropped my wallet in the sewer.
     
  14. Wade

    Wade Three Time F1 World Champ
    Rossa Subscribed Owner

    Mar 31, 2006
    30,200
    East Central, FL
    Full Name:
    Wade O.
    Why, divorce of course!
     
  15. tomc

    tomc F1 World Champ

    Apr 13, 2014
    19,448
    DFW, Texas
    Full Name:
    Tom C
    That'd make a great movie! ;)
    T
     
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  16. ASK328

    ASK328 Formula 3
    Rossa Subscribed

    Sep 23, 2005
    2,268
    MA
    Full Name:
    Andrew
    Grim reaper was good and got a few Fchaters
     
  17. norcal2

    norcal2 F1 Veteran
    Silver Subscribed

    Yes ive had a few! the marriages were expensive also...
     
  18. Simon^2

    Simon^2 F1 World Champ

    Oct 17, 2005
    11,819
    At Sea Level
    Jenny Craig franchises in Ethiopia.
     
  19. Mr. V

    Mr. V Formula 3

    Oct 23, 2004
    1,247
    Portland, Oregon
    +1

    Ain't it the truth?
     
  20. GatorFL

    GatorFL Moderator
    Moderator Owner

    Nov 18, 2005
    12,338
    Wellington, FL
    Full Name:
    Duane
    Ferrari parts.....
     
  21. RacerX_GTO

    RacerX_GTO F1 World Champ
    Silver Subscribed

    Nov 2, 2003
    11,604
    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 Seven Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    75,391
    Vegas baby
    Executive Producer of Gigli and Glitter.

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

    mwr4440 Four Time F1 World Champ
    Rossa Subscribed

    Jun 8, 2007
    40,812
    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

    Mar 5, 2006
    397
    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

    Aug 13, 2013
    2,738
    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...
     

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