How did you make your wealth ? | Page 12 | FerrariChat

How did you make your wealth ?

Discussion in 'Other Off Topic Forum' started by Risktaker, Jan 18, 2015.

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  1. Shark01

    Shark01 F1 Veteran

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    OK, you guys were right, $100k was below what Risktaker would accept. Then I talked to a couple of guys in the office who wanted a good investment and we were able to scrape together enough money for Risktaker to accept.

    So we are NOW IN!!!

    94% guaranteed, and we only have to distribute 45% to charity, the rest is all ours. I'm SO pumped about this opportunity.
     
  2. El Wayne

    El Wayne F1 World Champ Staff Member Lifetime Rossa Owner

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    For those of you who missed it and are still responding to the OP, any serious discussion of his claims were tossed out of the window way back here:

    http://www.ferrarichat.com/forum/143666593-post128.html

    At this point, the OP is long gone and the thread remains solely for entertainment purposes.
     
  3. DesertDawg

    DesertDawg Nine Time F1 World Champ Silver Subscribed

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    Due to the fact that we're not all idiots here, this thread was, from the get-go, solely for entertainment purposes.

    :)
     
  4. DK308

    DK308 F1 Rookie

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    You think the OP concurs?:D
     
  5. RaginBull

    RaginBull Formula Junior

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    I'm 38 and live in my fathers basement, his name is Sir William Throckmorton the III (nose pointing to the sky)
     
  6. merstheman

    merstheman F1 Rookie

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    I think he wanted to ask..... How did you MAKE UP your wealth?

    That must be it...
     
  7. Kevin Rev'n

    Kevin Rev'n Two Time F1 World Champ Owner Silver Subscribed

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    Trademarking the color blue was my favorite!
     
  8. Super_Dave

    Super_Dave Formula Junior

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    Investments are investments... buying into public equity still supports investments.

    Don't really disagree with anything you're saying. Just pointing out that starting with $100mm in early 1970s, invested for 30+ years, would usually result in billions. Simple compounding.

    Nothing wrong with starting with money. Just seemed like his retort was as obnoxious as the other guy's initial comment... Then again, around a poker table I've head all kinds of things, usually in good fun
     
  9. 308 milano

    308 milano F1 Veteran Rossa Subscribed

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    Just tuned in and only into the second page! Some of you guys are too damn funny!
     
  10. HogPilot

    HogPilot Karting Lifetime Rossa Owner

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    I made my gazillions by inventing Post It Notes. I'm always the hit of the party at my high school reunions!
     
  11. jimangle

    jimangle F1 Rookie

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    That's hilarious!
     
  12. Ryan S.

    Ryan S. Two Time F1 World Champ Silver Subscribed

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    hookers.......
     
  13. dstacy

    dstacy F1 World Champ Owner

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    That's how most guys lose their wealth
     
  14. Phil~

    Phil~ F1 Rookie Rossa Subscribed

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    I own the Skyline in China!
     
  15. rob

    rob F1 Rookie

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    Stock Market.
     
  16. Hoodude

    Hoodude F1 Rookie Silver Subscribed

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    ..har,you sez the same thing in that other thread..
    Cheers,
    RE
     
  17. rob

    rob F1 Rookie

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    Easy come easy go..........
     
  18. Hoodude

    Hoodude F1 Rookie Silver Subscribed

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    ..what is past is prologue..;)
    Cheers,RE
     
  19. MK1044

    MK1044 Two Time F1 World Champ

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    The use of the plural form gives your story an air of legitimacy. (I would have guessed Dominatrixes).

    That method has worked for me a few times now.

    Now you have to. With photos.
     
  20. joker57676

    joker57676 Two Time F1 World Champ

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    I actually cannot disclose much. I've been sworn to secrecy for a couple of reasons. I can say, though, it's a very "interesting" writing gig with an established author.

    Don't bother trying to google it. It's all being done under pen names.

    ;)


    Mark
     
  21. Jedi

    Jedi Moderator Moderator Lifetime Rossa Owner

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    I trademarked the word "boner"... you cannot believe how much I've made since then... WOW!! HUGE!!!

    Jedi
     
  22. joker57676

    joker57676 Two Time F1 World Champ

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    That's what she said.

    :D



    Mark
     
  23. darth550

    darth550 Six Time F1 World Champ Lifetime Rossa

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    Hooked up with a nymphomaniac coke dealer who owns a Ferrari dealership...
     
  24. zudnic

    zudnic Formula 3

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    Stocks......

    I have friends who are investment bankers, non have such huge returns. Most have a minimum of $1 million in investable assets or a net worth of $3 million for clients. Non are ultra exclusive need $100million or more. Most are into safe investments, therefore reasonable rate of return.

    Most doctors, lawyers, dentist, etc. can get into private type banking arrangements, with reputable banks. Most wealthy to ultra wealthy people I know hate risk. They won't fall for inflated returns. All though my former dentist, who became a hedge fund manager, basically stole $90million dollars with outrageous returns. Most see the scam.

    Very few people meet my definition of a millionaire. Someone who can spend a million dollars a year without worry. Most even amongst Ferrari owners, or my other like Rolls Royce or even in offshore powerboats can meet this definition. Those that can you wouldn't know it.

    It would be interesting to know what people do for a living.

    I'm an ex stock broker and now trade for myself. Glorified day trader :)
     
    Last edited: Feb 18, 2015
  25. drjohngober

    drjohngober Formula 3

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    Owning a candy store...next to a pediatric dental practice
    :)
     

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