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How Did You Lose Your Wealth?

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

  1. Enzojr

    Enzojr F1 World Champ
    Silver Subscribed

    Dec 12, 2013
    13,833
    West of PDX
    Full Name:
    Tomy
    Buy and maintain the Ferrari is 5 points ...
    Two marriages are 10 points each, but fairly swift ...
    Drug and alcohol addiction will and can suck up millions and just keeps on taking ... 50 points, these can be a long term draw on assets.
    ... And you can't even put a price on the emotional damage of family and friends, some other addictions are a close 2 nd ... So they get the last 25 points.
     
  2. bobzdar

    bobzdar F1 Veteran

    Sep 22, 2008
    5,870
    Richmond
    Full Name:
    Pete
  3. SWB

    SWB Formula Junior

    Nov 12, 2006
    932
    Toronto & Ottawa
    Full Name:
    Seth
    I once lost it BIG on roulette at a casino on the equator, figured it would spin the other way negating my run of crap luck. Oh well.

    I once put money on a cannibal to eat someone alive within 30 mins to no avail. He didn't get the t-shirt nor his photo on the wall. Cannibals LOVE the idea of naming fast food places after people in the U.S. Harvey's, Wendy's, Carls Jr...etc.

    So, just what did you two do with the bag of money Prince Hakeem gave you guys?

    Reading FChat is priceless, one never goes broke.

    You failed to invest in the other Cavallino Rampante at the time. The Pony. Look at where Hyundai is now!

    Transfer that to Bitcoin.

    You should have sold when they told ya to "Cell, Cell, Cell!"

    Zoinks!

    Try buying a Trabant in the old USSR.

    My hunch is on Shanty Towns to start gentrificating.

    Better than having the People For The Ethical Treatment Of Albinos coming after you.

    THE ultimate diss to the alligators down there. Watch out for PETA.

    Yeah I keep divorcing myself from my money. Its getting expensive.

    Ooh, I should ship you some Colin Chapman inspired "Add Lightness" graphic tees to your Jenny Craigers!


    You missing any? I've got Enzo's right leg...

    Third times the charm or was it **** happens in threes?

    Mini was Soooo early this morning. Tea Cup Coopers are all the rage now.
     
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  4. dmundy

    dmundy Formula 3
    Rossa Subscribed Owner

    Sep 11, 2010
    1,261
    Unspecified
    Full Name:
    Arthur Dent
    Me too. Followed up with a taste for very attractive ladies who are really bad for me.

    I quote John Lee Hooker... "I spent all my money on whiskey and women. The rest I wasted."
     
  5. DesertDawg

    DesertDawg Five Time F1 World Champ
    Rossa Subscribed

    Jan 25, 2010
    56,071
    The Desert
    Full Name:
    DesertDawg
    Plastics.


    Oh, and Trail-Rated Alpaca Farming.



    Arms dealing is still doing good, though... painting on occasion helps with supplemental income - my be able to offset losses from Alpacas & Plastics. Time will tell.


    Looking into 3-D-printed graphene F1 engine blocks next. I think that could be a potential goldmine.
     
  6. TC94

    TC94 Formula 3
    Silver Subscribed Owner

    Aug 23, 2005
    1,189
    WV
    Full Name:
    TC
    Silver subscriptions to F-chat. Had to cut back from Rossa a few years ago to save money and postpone the inevitable.

    I can struggle by a few more years if the kids skip college and go straight to work.
     
  7. Ryan S.

    Ryan S. Two Time F1 World Champ
    Silver Subscribed

    Mar 20, 2004
    20,969
    hookers.....
     
  8. Todd308TR

    Todd308TR F1 Veteran
    Silver Subscribed

    Nov 25, 2010
    9,916
    LA
    Full Name:
    Todd
    How? I bought two old Ferraris.
     
  9. Carnut

    Carnut F1 Rookie
    Rossa Subscribed

    Nov 3, 2003
    3,637
    Gladwyne PA
    Full Name:
    Morrie
    Ask my ex wife, though the 400+ cars did not help matters!
     
  10. maymebarrett

    maymebarrett Rookie

    Jan 5, 2015
    14
    investing in a business that didn't work :(
     
  11. rob

    rob F1 Rookie

    May 22, 2002
    3,568
    Vt
    Stock Market.
     
  12. Cigarzman

    Cigarzman F1 Veteran
    Rossa Subscribed Owner

    May 7, 2014
    5,553
    Sarasota , Florida
    Full Name:
    Kirk
    Indiana University and Thomas Cooley Law School. The good news is she graduated last month cum laude with a job to boot.
     
  13. sliceddeuce

    sliceddeuce Rookie

    Aug 28, 2017
    15
    Fuel dragster as a hobby.
     
  14. TheMayor

    TheMayor Seven Time F1 World Champ
    Rossa Subscribed

    Feb 11, 2008
    75,391
    Vegas baby
    Harvey Weinstein Yoga and Pilate Centers

    Seemed like a good idea at the time. :)
     
    anunakki likes this.
  15. BMW.SauberF1Team

    BMW.SauberF1Team F1 World Champ

    Dec 4, 2004
    12,623
    I took Mr. T's advice: If you believe in yourself, eat all your school, stay in milk, drink your teeth, don't do sleep, and get 8 hours of drugs - you can get work!

    **Hoping someone gets the reference**
     
  16. Gran Drewismo

    Gran Drewismo F1 Rookie

    Jan 24, 2005
    3,662
    Idaho
    Full Name:
    Andrew
    Can't lose any wealth, if you don't have any...!
     
  17. Gran Drewismo

    Gran Drewismo F1 Rookie

    Jan 24, 2005
    3,662
    Idaho
    Full Name:
    Andrew
    I LOVE that sketch!
     
  18. Lotaz

    Lotaz Formula 3

    Nov 18, 2016
    1,530
    Las Vegas
    Full Name:
    Scott

    I was rolling on the floor after reading this one...................
     
    bball16 likes this.
  19. spicedriver

    spicedriver Formula 3

    Feb 1, 2011
    1,860
    Trading Places - funny movie.
     
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  20. spicedriver

    spicedriver Formula 3

    Feb 1, 2011
    1,860
    There's millions of dollars in racing. I know, because I put em there.
     
  21. technom3

    technom3 F1 Rookie
    Rossa Subscribed

    Mar 29, 2007
    4,623
    Phoenix AZ
    Full Name:
    Justin
  22. Vintage Racer

    Vintage Racer Karting

    Sep 22, 2006
    112
    10 Year member in GA
    Full Name:
    Doc
    Two road race cars.
     
  23. toggie

    toggie F1 World Champ
    Owner

    Nov 30, 2003
    18,454
    Virginia
    Full Name:
    Toggie (Ron)
    Buying individual health insurance policies for my family over the past 6 years.

    High premiums with poor coverage. Not a good combo.

    .
     
  24. DIGMAN52

    DIGMAN52 F1 Rookie
    Rossa Subscribed Owner

    Jan 30, 2004
    3,313
    Dallas Texas
    Full Name:
    Philip C
    After putting 4 kids through college, throwing weddings for 3 daughters, and paying 1/2 the son's wedding, and then the housing industry tanking for 5 years, we are building our way back up to having a retirement fund. Thank goodness there has been a housing boom around Dallas for the last 5 years, so they need those new sewer and water lines quickly. They will never lay a sewer line over the internet.

    And I follow my grandad's motto: "Ain't gonna be no U-haul behind my hearse ".

    Just hoping there is another 2-5 years left in this good run, and I will give the next generation their chance. Being a 3rd generation guy, we usually screw it off, and almost did this time. 4th generation is in place, and we are staying lean and mean.
     
  25. David B. Keith

    Nov 20, 2017
    6
    Full Name:
    David B. Keith
    Simple! Indulge your passion, and dedicate your life to flying. Buy a complex plane that you can't really afford, and let it drain your assets like a high-maintenance woman. Involve yourself in a number of aviation-related enterprises that make some money but nowhere near enough, just to salve your conscience for spending so much time in the air. A wise man once said, "You can make a small fortune in aviation! That is, if you start with a large fortune."

    Dave Keith, ex-Helio Courier owner
     

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