Quantcast
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
    Join Date
    Feb 2020
    Location
    Edmonton
    Posts
    261
    Rep Power
    8

    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
    This quote is hidden because you are ignoring this member. Show Quote
    If I had known you guys would end up being such bitches, I would’ve opened the parenting forum.

  2. #2
    Join Date
    May 2006
    Location
    S.E. (not the drrty south)
    My Ride
    Natural gas, and natural gas accessories
    Posts
    8,023
    Rep Power
    71

    Default

    Do unrealized losses count?
    Quote Originally Posted by killramos View Post
    This quote is hidden because you are ignoring this member. Show Quote
    The AHS system is quite good.

  3. #3
    Join Date
    Feb 2020
    Location
    Edmonton
    Posts
    261
    Rep Power
    8

    Default

    Quote Originally Posted by Tik-Tok View Post
    This quote is hidden because you are ignoring this member. Show Quote
    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
    This quote is hidden because you are ignoring this member. Show Quote
    If I had known you guys would end up being such bitches, I would’ve opened the parenting forum.

  4. #4
    Join Date
    Jul 2010
    Location
    Homeless
    My Ride
    Blue Dabadee
    Posts
    8,224
    Rep Power
    79

    Default

    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
    This quote is hidden because you are ignoring this member. Show Quote

    guessing who I might be, psychologizing me with your non existent degree.

  5. #5
    Join Date
    Jul 2006
    Location
    Victoria Park
    My Ride
    '16 FoRS, '09 UZN215, '90 Z32, '15 Grom
    Posts
    4,025
    Rep Power
    52

    Default

    Quote Originally Posted by zechs View Post
    This quote is hidden because you are ignoring this member. Show Quote
    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
    Join Date
    Apr 2006
    Location
    Cowtown
    My Ride
    10' 4Runner SR5
    Posts
    5,921
    Rep Power
    30

    Default

    Yep, bit the bullet on the condo and realized the loss bigley
    Follow me on Instagram and Facebook!

  7. #7
    Join Date
    May 2005
    Location
    Calgary
    My Ride
    2015 IS350 F Sport
    Posts
    997
    Rep Power
    20

    Default

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

  8. #8
    Join Date
    Jan 2008
    Location
    Nothingburger Hill
    My Ride
    Oil boom
    Posts
    11,163
    Rep Power
    100

    Default

    How do you lose money on real estate? Impossible.

  9. #9
    Join Date
    Jun 2009
    Location
    Calgary
    My Ride
    335d, FRS, Echo RS
    Posts
    6,999
    Rep Power
    29

    Default

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

  10. #10
    Join Date
    Feb 2020
    Location
    Edmonton
    Posts
    261
    Rep Power
    8

    Default

    Quote Originally Posted by ExtraSlow View Post
    This quote is hidden because you are ignoring this member. Show Quote
    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*

    Name:  Screenshot_20220530-140513.jpg
Views: 249
Size:  24.3 KB

    - - - Updated - - -

    Quote Originally Posted by Disoblige View Post
    This quote is hidden because you are ignoring this member. Show Quote
    True, condos are a lost cause.
    Quote Originally Posted by rage2 View Post
    This quote is hidden because you are ignoring this member. Show Quote
    If I had known you guys would end up being such bitches, I would’ve opened the parenting forum.

  11. #11
    Join Date
    Apr 2006
    Location
    Calgary
    My Ride
    2011 Ralliart SB
    Posts
    426
    Rep Power
    17

    Default

    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
    Join Date
    Jul 2010
    Location
    Homeless
    My Ride
    Blue Dabadee
    Posts
    8,224
    Rep Power
    79

    Default

    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
    This quote is hidden because you are ignoring this member. Show Quote

    guessing who I might be, psychologizing me with your non existent degree.

  13. #13
    Join Date
    Sep 2012
    Location
    Calgary, AB
    Posts
    1,331
    Rep Power
    35

    Default

    Quote Originally Posted by killramos View Post
    This quote is hidden because you are ignoring this member. Show Quote
    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
    Join Date
    Feb 2020
    Location
    Edmonton
    Posts
    261
    Rep Power
    8

    Default

    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
    This quote is hidden because you are ignoring this member. Show Quote
    If I had known you guys would end up being such bitches, I would’ve opened the parenting forum.

  15. #15
    Join Date
    Aug 2007
    Location
    Calgary
    My Ride
    2005 Chevy Trailblazer
    Posts
    33
    Rep Power
    0

    Default

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

  16. #16
    Join Date
    Jan 2008
    Location
    Nothingburger Hill
    My Ride
    Oil boom
    Posts
    11,163
    Rep Power
    100

    Default

    Overall for life I'm up. I started at zero.

  17. #17
    Join Date
    Feb 2020
    Location
    Edmonton
    Posts
    261
    Rep Power
    8

    Default

    Quote Originally Posted by ExtraSlow View Post
    This quote is hidden because you are ignoring this member. Show Quote
    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
    This quote is hidden because you are ignoring this member. Show Quote
    If I had known you guys would end up being such bitches, I would’ve opened the parenting forum.

  18. #18
    Join Date
    Apr 2005
    Location
    Calgary
    My Ride
    Buffalo Truck & An Angry Kitty
    Posts
    2,591
    Rep Power
    25

    Default

    Equities on sale are my favourite asset class.

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

  19. #19
    Join Date
    Sep 2002
    Location
    Vagabond Backpacker
    My Ride
    Boeing, Airbus
    Posts
    1,413
    Rep Power
    31

    Default

    Quote Originally Posted by Masked Bandit View Post
    This quote is hidden because you are ignoring this member. Show Quote
    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.

Similar Threads

  1. Official Short-term Investments Thread

    By szw in forum Real Estate / Finance
    Replies: 35175
    Latest Threads: 08-16-2022, 12:21 PM
  2. Losing money on rental property, any upside to this?

    By cidley69 in forum Real Estate / Finance
    Replies: 115
    Latest Threads: 09-07-2018, 11:42 AM
  3. How Did Your Investments Do in 2004?

    By max_boost in forum General
    Replies: 29
    Latest Threads: 01-22-2005, 04:53 PM
  4. losing weight..losing muscle?

    By smokedog in forum Health and Fitness
    Replies: 2
    Latest Threads: 12-04-2004, 09:35 PM
  5. Best Investments Available

    By Singel in forum General
    Replies: 10
    Latest Threads: 10-08-2004, 01:56 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •