Here is a breakdown of possibly the worst investment i've made when it comes down to percentage return! Let me know in the comments what you think!
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33 thoughts on “The worst $147,000 investment of 2019?”
  1. Avataaar/Circle Created with python_avatars Kalvapalli Sai Bhargav says:

    I would do it because there is guaranteed protection and if we help a know person then relationship gets stronger ๐Ÿ’ช๐Ÿ’ช๐Ÿ’ช

  2. Avataaar/Circle Created with python_avatars Brian Kelley says:

    wish I was on this level, definitely sounds good, both parties make a profit win win.

  3. Avataaar/Circle Created with python_avatars Richuals says:

    Most importantly you helped a friend achieve a milestone…so yeah…it was a good move!

  4. Avataaar/Circle Created with python_avatars Brent V says:

    If you feel the contract is iron clad, and you don't mind owning the car if your friend happens to have an aneurysm in that week. Sure, But a few thousand dollars isn't much leeway if the car didn't sell or was damaged.. Supercars deprecate quickly. I did similar things for friends, loaned them money and used their vehicle as collateral, they ended up writing me a hot check when it came time to pay/get their car back. Then I filed charges they went to jail and I made 20% when they were forced to pay. But it was a huge headache and not worth it. I had another friend that bought my motorcycle, he wanted to do payments. I refused to let him have the bike until he paid he paid me within 2 weeks and took possession. All worked out fine that time. But I've learned the hard way to be very cautious with friends and money. I have friends that still owe me after 15 years

  5. Avataaar/Circle Created with python_avatars Jason Lu says:

    why doesn't the borrower just wait for one week?

  6. Avataaar/Circle Created with python_avatars Andrew Freeman says:

    It's not worth over 150K—once you buy it it's used and the value drops 20-30% Now you have a 110K that you have to sell. Super cars are the worst "investment"

  7. Avataaar/Circle Created with python_avatars Phillip Clark says:

    Ur damn right I would help out a friend!! That's what friends do!!

  8. Avataaar/Circle Created with python_avatars Sam john says:

    You cheap basterd he is your friend you should have just let him have all of that 150000 as a gift.

  9. Avataaar/Circle Created with python_avatars Marrs Investments says:

    hell yeah id so it profit is profit and when its personal reason it makes it a better feeling knowing your helping out as well making a little $$ in the mean time

  10. Avataaar/Circle Created with python_avatars Spencer Watson says:

    From the outside looking in 1.67% on your money sounds like a bad ROI. When you break it down though, it becomes a situation where youโ€™re putting some of your money to work to help someone out in return theyโ€™re helping you make money on money that would otherwise just sit around. When you break down how certain this return becomes in such a short period of time it starts to make a lot more sense. I like the way you spread your investments and get creative like this. Nice work Ricky!

  11. Avataaar/Circle Created with python_avatars KodaayK says:

    I think you made a smart decision!! Even though it was a small return it was a SAFE return and overall like you said you got best of both worlds and your friend was satisfied!

  12. Avataaar/Circle Created with python_avatars Sand Man says:

    No brainer this is an asset bringing 2500$ WHY NOT???? Stay smart no amount too small for profit remember where you come from!

  13. Avataaar/Circle Created with python_avatars Alice Nam says:

    uh no why?, it is your worst investment…

  14. Avataaar/Circle Created with python_avatars Finance420_ says:

    So what actually happened? You lost the lambo or profit you was planning on making?

  15. Avataaar/Circle Created with python_avatars BTagz says:

    I think you made the right decision. Even if it were only 1% profit for a 1 week loan, that's still approx. 4% per month, and 48% APY, which is way higher than the 12% average hard money loan. Plus, the very fact that you are doing this as a favor to a friend gives them a reason to want to do a favor for you in the future. Not to mention, you are learning if you can trust this person in the future with more important deals. Even if you made $0, the relationship alone may have been worth it. You also took all necessary steps to protect yourself, and like others have said, worst case scenario you own a $150k car which you have to sell yourself.

  16. Avataaar/Circle Created with python_avatars The BlackHawk says:

    If you donโ€™t take risk then youโ€™re going to be set back in life! Always take calculated risk and know your numbers on the deal. Looks like your got both solved. I would definitely full send it

  17. Avataaar/Circle Created with python_avatars Austin says:

    Free money why tf not

  18. Avataaar/Circle Created with python_avatars Austin says:

    Yes I would do it

  19. Avataaar/Circle Created with python_avatars Rex Lee says:

    percentage growth is always good

  20. Avataaar/Circle Created with python_avatars BUSQU3TS says:

    1.67% profit in one week makes a great profit average. If you had that profit every week of the year you'd make a total of 86.84% per year. The fact that he's making that 1.67% in one week is the key here. I'd sign up right now for a 1.67% a week.

  21. Avataaar/Circle Created with python_avatars Sun Caribe Distributors says:

    Stop doing that if they want to buy a super car tell them to go to an authorized dealer or why you donโ€™t open an Exotic car dealership thatโ€™s a better idea

  22. Avataaar/Circle Created with python_avatars L P says:

    I personally would never do that. Too much money for a sports car as a loan & even if he defaulted, $2500 is only a good trading dayโ€”-not worth this stress. Give loans to people who are really in need for food, a roof, & other necessities other than just a cool car.

  23. Avataaar/Circle Created with python_avatars Mr Boss says:

    yes

  24. Avataaar/Circle Created with python_avatars Diego Jimenez says:

    Good investment + the favor for a friend, i would do it only if my friend was trust worthy

  25. Avataaar/Circle Created with python_avatars ืžืชื™ื says:

    If I was at least 80% confident I would at least get my money back in a week, I'd do it.

  26. Avataaar/Circle Created with python_avatars lenny behie says:

    Heck yeah. Love it. To be part of a new super car and make some cash. Why not!!

  27. Avataaar/Circle Created with python_avatars Gotexe says:

    False clickbait WILL NOT grow your channel.

    Atleast have the thumbnail in the vid for a min. I've seen people come and go on here for years, just a tip.

  28. Avataaar/Circle Created with python_avatars P Trades says:

    Exotic Car Hacks ๐Ÿ‘๐Ÿป๐Ÿ‘๐Ÿป

  29. Avataaar/Circle Created with python_avatars Ev Jedi says:

    Not just no but HELL.
    What platform do you use car ๐Ÿš— LMAO

  30. Avataaar/Circle Created with python_avatars cd 46 says:

    Looking forward to the "REST of the STORE" !!! Hope it turns out well for both of you.

  31. Avataaar/Circle Created with python_avatars ROAD RAGE & DRIVING FAILS says:

    IF you reply me that i can be RICH THAT WILL MAKE MY DAY! ๐Ÿ˜Š๐Ÿ˜

  32. Avataaar/Circle Created with python_avatars Matthew Clevenger says:

    I'm more or less confused. Are you some sort of gap funding until he finishes out the paper work for a traditional auto loan through a bank/credit union?

    If your friend can afford it, i'm confused why you became involved in the first place.

    Cars are not my thing so I would not do this. However, seeing your success in the auto industry, if you deem it worth your time and the downside is minimal, then I say full steam ahead! Profit is profit no matter what it looks like.

    I would also add, I know very few people who make $2,500/wk with the amount of work you put into this deal. It is not $2,500/wk, its $2,500 for the amount of hours you worked on the deal. THAT is what would be truly ideal.

  33. Avataaar/Circle Created with python_avatars Dispassionate Observer says:

    No doubt I would do it if I had the money just laying around. $2500 is still a good chunk of money to me.

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