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Money Losing Investments - Beyond.ca - Car Forums

View Poll Results: What have you lost money on?

Voters
55. You may not vote on this poll
  • Lost money on real estate

    4 7.27%
  • Lost money on investments

    30 54.55%
  • I'm 89coupe bitch

    8 14.55%
  • Lost money on both

    13 23.64%
Results 1 to 19 of 19

Thread: Money Losing Investments

  1. #1
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    Default Money Losing Investments

    Thought I'd make a poll, because why not.

    I guess I should clarify, investments is stocks. Dunno why I didn't just say stocks, day drinking is rough on a guy.
    Last edited by zechs; 05-30-2022 at 01:31 PM.
    Quote Originally Posted by rage2 View Post
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    If I had known you guys would end up being such bitches, I would’ve opened the parenting forum.

  2. #2
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    Do unrealized losses count?
    Quote Originally Posted by DonJuan View Post
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    Came back to ogle 2Legit2Quit wife's buns...
    Quote Originally Posted by Kloubek View Post
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    They're certainly big, but I don't know if they are the BEST I've tasted.

  3. #3
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    Quote Originally Posted by Tik-Tok View Post
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    Do unrealized losses count?
    Like still hodl on GME unrealized losses, or your condo lost $20k in value?

    One has a chance of coming back, the other does not.
    Quote Originally Posted by rage2 View Post
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    If I had known you guys would end up being such bitches, I would’ve opened the parenting forum.

  4. #4
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    Can’t lose money if you never sell
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

  5. #5
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    Quote Originally Posted by zechs View Post
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    Like still hodl on GME unrealized losses, or your condo lost $20k in value?

    One has a chance of coming back, the other does not.
    True, condos are a lost cause.

  6. #6
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    Yep, bit the bullet on the condo and realized the loss bigley
    Ultracrepidarian

  7. #7
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    e) divorces (checks box)
    "if you disagree with my views are cannot adequately my criticism then ignore my posts." - Nusc

  8. #8
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    How do you lose money on real estate? Impossible.
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

  9. #9
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    Lost money on the first home but it was a rental for a long time too so that really helped.

  10. #10
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    Quote Originally Posted by ExtraSlow View Post
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    How do you lose money on real estate? Impossible.
    Currently only three looooooosers have done so.

    Real estate is hawt
    Real estate is hawt
    Real estate is hawt

    *Buster appears*

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    - - - Updated - - -

    Quote Originally Posted by Disoblige View Post
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    True, condos are a lost cause.
    Quote Originally Posted by rage2 View Post
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    If I had known you guys would end up being such bitches, I would’ve opened the parenting forum.

  11. #11
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    Bought a Condo in 2008, 10 years later that sucker was still worth less than what I’d bought it for. Lived in it a while and eventually married and moved, rented it for 4 years at a loss, dumped it in 2018ish

  12. #12
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    S&P isn’t even down compared to a year ago and real estate is inarguably at all time highs.

    Dafuq are you all doing?

    Oh yea. GME and bitcoins lol
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

  13. #13
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    Quote Originally Posted by killramos View Post
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    S&P isn’t even down compared to a year ago and real estate is inarguably at all time highs.

    Dafuq are you all doing?

    Oh yea. GME and bitcoins lol
    I guess it's down from ATHs, but yeah, I sometimes wonder what the hell people invest in.

  14. #14
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    Investments look like a worse asset class according to the poll, but hey, 4 people claimed to be 89coupe so results are invalid.
    Quote Originally Posted by rage2 View Post
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    If I had known you guys would end up being such bitches, I would’ve opened the parenting forum.

  15. #15
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    I mean i have lost money on select stock investments, but overall I am up.

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    Overall for life I'm up. I started at zero.
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

  17. #17
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    Quote Originally Posted by ExtraSlow View Post
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    Overall for life I'm up. I started at zero.
    I think the idea would be what has boosted your net worth the most.

    I worded the original question while day drinking. The point was there were different reasons to own different asset classes.

    But as originally worded, it looks like people lose money in the market then in housing on a per investment basis. Is it "more" money? Tough to tell.

    I voted 89coupe because I'm up overall networth due to both property ownership and stonks. And I literally mean stonks, I never buy anything to hold for more than 6 months to a year unless it pays a dividend.
    Quote Originally Posted by rage2 View Post
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    If I had known you guys would end up being such bitches, I would’ve opened the parenting forum.

  18. #18
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    Equities on sale are my favourite asset class.

    #7.2lyfeyo
    "Masked Bandit is a gateway drug for frugal spending." - Unknown303

  19. #19
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    Quote Originally Posted by Masked Bandit View Post
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    Equities on sale are my favourite asset class.

    #7.2lyfeyo
    Yea, I pumped $35k into Russian markets when they went on sale as a bet on low PEs and Commodity strength.

    Oops.

    I actually still like the bet long-term but it looks like BlackRock is going to fuck me and close the fund, "liquidate" the ADRs, pay me next to nothing, and then continue to hold the underlying Russian equities until the sanctions are removed and they can profit. Wall Street always wins.

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