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/biz/ - Business & Finance

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411038 No.411038 [Reply] [Original]

What's the WORST thing you could invest in?

>> No.411040

btc, nigerian princes ect.

>> No.411041

>>411038

4chan.

>> No.411042

momos
cryptocoins

>> No.411043

>>411038

Yourself because you are a failure. Take any money you had planned to give to yourself and give it to an index fund.

>> No.411044

cryptoshit, penny stocks

>> No.411053

Sports cars

>> No.411055

>>411053
How is that by definition a bad investment?

If you're thinking about money alone sure, but the return on your investment when buying a sportscar (protip: don't buy one if you can't afford it) is the fun of driving one.

If you're not a fan of driving, don't buy one. I have had 4 years of fun driving my infiniti G37 convertible during weekends, holidays and even on the track at times. Sure it wasn't cheap, especially not since I live in Europe, but imo it returned a lot of fun for the investment.

>> No.411057

>>411055
>How is that by definition a bad investment?
Because it depreciates in value by $40k when you drive it off the lot.

>> No.411058

>>411055
So... would a mildly amusing free browser game have infinite return?

>> No.411060

>>411055
Fun doesn't increase your bank account funds.

>> No.411069

Me. I'll take all your money then when I get a decent job I won't share any of the profits. Then I'll go back to college and they'll pay for my masters so I can get paid even more. Will I extend the dividends to them this time around? Who knows, but they sure see nine of the profits

>> No.411070

>>411057
I bought mine for 33k with about 20.000km on it. It has 60k now and it's depreciated to around 25k if I check online auto sites in my country.

That's 3 years later fyi.

I never said that you should buy it brand new.

>>411060
Actually it does since the fun times recharge my batteries, indirectly increasing my performance. I also want to save up for a new one which motivates me to work harder.

>> No.411071

>>411070
Surely there are better cost/return ratios for fun?

>> No.411072

>>411058
No since you can only spend a finite amount of time using that game.

>> No.411080

>>411070
Your ROI is -24.3%

>> No.411106

Walmart.

>> No.411113

>>411038
digital currency or penny stocks

>> No.411178

>>411053

A car or house isn't an investment, it's a depreciating asset.

A valuable painting isn't an investment either. It's a speculation.

An investment has to actively EARN you something.

>> No.411187

>>411178
Confirmed for not being rich.

>> No.411188

ripple coin

>> No.411190

>>411178
Umm no.

Just look up the definition of an investment.

I bought a bottle of whiskey. It's a small bottle but a first batch bottle from a worthwhile name. I put it in storage.

It's an investment.

>> No.411191

>>411178
in asian countries rich people use the art trade for money laundering and and hiding their assets from the government, shit like that

>> No.411193

A car.
Stocks.
Rich Dad Poor Dad.

>> No.411206

>>411187
>A car or house isn't an investment, it's a depreciating asset.
>>411178


An investment should be something that, if you had to hold onto it forever and never sell it, you'd still have an DEV > the purchase price from the cash flows. A bond is an investment, a dividend stock is an investment, a condo in NY you rent out is an investment, farmland is an investment, etc. Bitcoins, gold, art, speculative stock, houses in Florida you buy to flip- all these are speculation.

>> No.411213

>>411206
>a house is a decent invesment.
>a car has to be old or extremely rare to be an investment

>> No.411216

>>411213

A house is only an investment if it's generating a cashflow- if you're renting or letting it out. If you bought a house to live in and enjoy, then it's not an investment, it's a consumption good.

>> No.411220

>>411190

Your bottle produces no income and your sole source of return is dependent on someone else paying yet a higher price for the bottle later. You merely speculated that someone will in the future.

At least you don't have to constantly pour money into it to keep it from losing value (depreciating) like a house or vehicle.

>> No.411223

>>411178
>>411190
I agree with >>411206. In my opinion, investments produce cash flow: Dividend paying stocks, bonds, loans, rental income, non-owner occupied real estate, etc. Buying an asset you anticipate will increase in value is speculation; no matter how long or short the time frame.

>> No.411224

>>411216
Investment
>An asset or item that is purchased with the hope that it will generate income or appreciate in the future. In an economic sense, an investment is the purchase of goods that are not consumed today but are used in the future to create wealth. In finance, an investment is a monetary asset purchased with the idea that the asset will provide income in the future or appreciate and be sold at a higher price.

House is an investment; BTC is an investment (a stupid one); real estate is an investment. Speculation refers to a certain type of investing. Speculative investments are riskier.

>> No.411227
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411227

>>411216
>Tell me How to Make a House Generate Cash flow?

>> No.411231
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411231

>>411220
He can always sell shots a bar.
>or at a Mormon American Speak Easy

>> No.411233

>>411055

Anon i'm looking at 335i vs G37, please tell me about your ownership experience.

>> No.411234

>>411233
Incorporate
Lease
Write Off
Drive For Work Purposes Only
Bike the Rest of the Time

>> No.411240

>>411234

Cool. But was it fun? How's the power delivery? Is it smooth and rev-happy, or does it feel like a blender full of gravel, like the 350z?

>> No.411251

>>411240
dream bigger
dude

>> No.411263

>>411251

what does that even mean anon, i'm just car shopping.

>> No.411269

Just passing by this thread.

The 335i, especially the twin turbo, will curb stomp a G37. The 335i is arguably bmws best model currently and the only model until the new M3 comes out that stick to their heritage, excluding the twin turbo 135i and 1M which will both also curb stomp a G37.

A turbo 335i with a chip is a monster. A G37 is a frat boy car for asians living in orange county.

>> No.411280

>>411269

Thanks anon.
I've driven the 335i but not the G. I was hoping to hear some more favourable comparisons because I know all about the N54/55's habit of eating fuel pumps and the turbo explosions on the N54. I might just have to get one and buy a warranty.

>> No.411301

>>411280
Wow, that saddens me. I just googled it cause I hadn't heard of those problems. The fuel pump was recalled and fuel pump isn't a big deal anyway, but the turbo wastegate issue is a pretty serious problem. I'm a mechanic so I, personally, wouldn't even worry about it, but for a regular car owner that's a pretty serious liability. Looks like they extended it's warranty to 82k miles. Not sure how much the turbos they use are, but the labor cost would be quite high to replace one especially at a dealer.

>> No.411305

RadioShack. Unless you short.