Hot or Not Worst Investments in 2014

[Barry-xlovecam]

#1 Bitcoin



#2 Crude Oil



#3 Gold



#4 Silver

[Markul]

My worst ever investment: My ex-wife.

[Barry-xlovecam]

Originally Posted by Markul

My worst ever investment: My ex-wife.

At least you got a kiss when you got fucked (at first )

[yuu.design]

Originally Posted by Markul

My worst ever investment: My ex-wife.

hahahahah, always the same story :S

[Markul]

Originally Posted by Barry-xlovecam

At least you got a kiss when you got fucked (at first )

true!

[elmy]

Originally Posted by Markul

My worst ever investment: My ex-wife.

[onwebcam]

QE3 ended so the inflated deflated, end of story..

[420]

Catching falling knives is fun. I like buying stuff when it's crashing.

[pornmasta]

I like money

[420]

Originally Posted by pornmasta

I like money

I use big bills instead of blunt wraps. Oh so smooth.

[Arnox]

I purchased quite a bit of gold and silver in the last 3 months of the year. Looking forward to seeing where they go.

[aka123]

Nice ones, but every year the real winners are some derivates those simply diminish and or expire worthless. Well, this happens to shit load of derivates if you are foolish enough to keep those to the end.

[Barry-xlovecam]

Originally Posted by aka123

Nice ones, but every year the real winners are some derivates those simply diminish and or expire worthless. Well, this happens to shit load of derivates if you are foolish enough to keep those to the end.

1. Derivatives are purchased as a hedge or in speculation and are not a investment.
2. Bitcoin is a currency of trade so technically not an investment.
3. Crude Oil is both investment (the production of -- as an indicator of value of asset or inventory) and as a commodity in trade.
4. Precious metals quoted were spot prices so they are either for hording or as a commodity in trade.

[aka123]

Originally Posted by Barry-xlovecam

1. Derivatives are purchased as a hedge or in speculation and are not a investment.
2. Bitcoin is a currency of trade so technically not an investment.
3. Crude Oil is both investment (the production of -- as an indicator of value of asset or inventory) and as a commodity in trade.
4. Precious metals quoted were spot prices so they are either for hording or as a commodity in trade.

What? Not investment? It is investment, what else it could even be? Speculation is an act, it doesn't describe at all the subject of the speculation, or the thing that is in the stake.

"Investment is time, energy, or matter spent in the hope of future benefits actualized within a specified date or time frame."

Investment - Wikipedia, the free encyclopedia

"DEFINITION of 'Investment'

An asset or item that is purchased with the hope that it will generate income or appreciate in the future."

Investment Definition | Investopedia

[SekobA]

its going down n down

[Arnox]

The key to the stock market is to buy low and then sell high.

[woj]

Originally Posted by aka123

"Investment is time, energy, or matter spent in the hope of future benefits actualized within a specified date or time frame."

That's a VERY broad definition... almost pointless definition (??)... pretty much ANY activity one does fits that definition...

learning a new skill = investment, as is buying food (you "invest" an hour or 2 of your time + a few bucks, to go to a grocery store, to buy food, so you get benefit of not being hungry any more), even bullshitting on gfy is an investment (benefit = entertainment), or going out to drink on Saturday night (benefit = maybe you'll get laid?)

"Investing" in derivatives is closer to going to a casino or buying insurance (which both are "investment" using broad definition) than what is meant by "investing" in a more traditional sense...

you both are right, just depends how broad of a definition of investing one wants to use...
typically though, good rule of thumb I think is, if you expect the benefit to be more than 1 year away = investment, otherwise not...

[Arnox]

Originally Posted by woj

That's a VERY broad definition... almost pointless definition (??)... pretty much ANY activity one does fits that definition...

learning a new skill = investment, as is buying food (you "invest" an hour or 2 of your time + a few bucks, to go to a grocery store, to buy food, so you get benefit of not being hungry any more), even bullshitting on gfy is an investment (benefit = entertainment), or going out to drink on Saturday night (benefit = maybe you'll get laid?)

The difference and line drawn here is the concept of tangible transfer. None of the things you just listed have the tangibility of being transferred - or at least, they are not purchased with the idea that they'll give you money in the future in and of themselves, be it through dividends or an increase in value.

Everything that aka123 quoted and replied to can be considered vehicles primarily for investment. As in, they have the ability to be traded and are often done so for the purposes of securing a varied portfolio of investment and monetary safety.

I think the second definition provided is a more suitable one, and really drives home the point that Barry-xlovecam said was a little silly.

[aka123]

Originally Posted by woj

"Investing" in derivatives is closer to going to a casino or buying insurance (which both are "investment" using broad definition) than what is meant by "investing" in a more traditional sense...

you both are right, just depends how broad of a definition of investing one wants to use...
typically though, good rule of thumb I think is, if you expect the benefit to be more than 1 year away = investment, otherwise not...

Investing into derivates is investing, especially as there is no other word for it. Derivates are nowhere equal to gambling. As you mentioned insurances, derivates are used to bring certainty, safety. For example to lock future prices for oil, wheat, currencies, etc. (whether buying or selling), or to protect asset portfolios from negative market development. And derivates are used to speculation too.

As you can speculate or gamble with pretty much anything, it doesn't define the assets being investment or not.

[woj]

Originally Posted by Arnox

The difference and line drawn here is the concept of tangible transfer. None of the things you just listed have the tangibility of being transferred - or at least, they are not purchased with the idea that they'll give you money in the future in and of themselves, be it through dividends or an increase in value.

Everything that aka123 quoted and replied to can be considered vehicles primarily for investment. As in, they have the ability to be traded and are often done so for the purposes of securing a varied portfolio of investment and monetary safety.

I think the second definition provided is a more suitable one, and really drives home the point that Barry-xlovecam said was a little silly.

I'm not sure having ability to transfer is a requirement for an investment...
- buying a bond that is impossible to sell would still be an investment...
- calling going to college an investment would probably be fair too I think (even though it's not transferable), you "invest" years of your time + ton of $$ in tuition to get an education, with an expectation of getting a profitable job when you get done...



"An asset or item that is purchased with the hope that it will generate income or appreciate in the future."

where would buying a "put option" fit into that definition? it doesn't generate income, nor does it (usually) appreciate in value... in combination with other assets, sure it could be considered a part of an "investment"...

but buying a "put option" by itself, is hard to justify calling it an "investment" using any but the broadest definition... better definition would be a short term speculation/gamble...

[Barry-xlovecam]

I have bought antique furniture as an "investment." Some I just have kept as a simply like them but other pieces I have sold at a profit. That is a hard asset investment. Classic autos, paintings, fine jewelry, coins, stamps are other examples.

The is no real liquidity in the antiques market but you can somehow dispose of the asset. It is a hard asset of some intrinsic value at all times.

Derivatives and Options become "air" at some point (their expiry -- Expiration Date Definition | Investopedia) and are worthless if not executed (converted).

Precious metals, real estate and select collectibles are intrinsic "hard value" value assets.

[maximoi]

Originally Posted by Barry-xlovecam

#1 Bitcoin



#2 Crude Oil



#3 Gold



#4 Silver

You do realize that you could have shorted all those investments you posted and made huge gains right?

[ErectMedia]

I throw money in a retirement account and just keep an eye on it. The only thing I buy/sell on a regular basis is .com domain names which has brought returns for over a decade that would be hard to match with any other investment.

[Barry-xlovecam]

Originally Posted by maximoi

You do realize that you could have shorted all those investments you posted and made huge gains right?

Of course, but I consider that speculation or hedging not investment.

[lezinterracial]

Damn, Bitcoin is down to $270. I remember people saying that if it went down to $600 they were gonna dump everything into it. Hope they didn't.

I love the bitcoin idea. But don't like the hype that has created this volatility.

[420]

Originally Posted by lezinterracial

Damn, Bitcoin is down to $270. I remember people saying that if it went down to $600 they were gonna dump everything into it. Hope they didn't.

I love the bitcoin idea. But don't like the hype that has created this volatility.

I forgot that guy's user name. People here tried to tell him he was doing it wrong.

It's going to be easy to make money soon. The only hard part is figuring out what to buy.

[djroof]

Agree for Bitcoin...

[romeo22]

Bitcoin numero uno

[edgeprod]

Best thing to make money on swing trading this year: all of the above.

[ITraffic]

bad for people who get paid in bitcoin you would think?

[seeandsee]

what about good investments of the year?

[Arnox]

Originally Posted by woj

I'm not sure having ability to transfer is a requirement for an investment...
- buying a bond that is impossible to sell would still be an investment...
- calling going to college an investment would probably be fair too I think (even though it's not transferable), you "invest" years of your time + ton of $$ in tuition to get an education, with an expectation of getting a profitable job when you get done...



"An asset or item that is purchased with the hope that it will generate income or appreciate in the future."

where would buying a "put option" fit into that definition? it doesn't generate income, nor does it (usually) appreciate in value... in combination with other assets, sure it could be considered a part of an "investment"...

but buying a "put option" by itself, is hard to justify calling it an "investment" using any but the broadest definition... better definition would be a short term speculation/gamble...

Can you give me an example of a financial investment that I can't use your twisted, problematic understanding of language to make sound like something that isn't an investment?

It seems as if with your understanding of the word, nothing is an investment if you can describe it fulfilling some other purpose.

In fact, don't bother. This is such a boring discussion.

I'll just end with saying that you're totally right. None of these things are ever an investment.

[DAMNMAN]

Talk to me in 10 years about bitcoin......... I ain't selling any of mine.

[woj]

Originally Posted by Arnox

Can you give me an example of a financial investment that I can't use your twisted, problematic understanding of language to make sound like something that isn't an investment?

It seems as if with your understanding of the word, nothing is an investment if you can describe it fulfilling some other purpose.

In fact, don't bother. This is such a boring discussion.

I'll just end with saying that you're totally right. None of these things are ever an investment.

It's a matter of opinion, doesn't really matter who is right...

you rarely hear anyone say "I invest in options", you would typically hear "I trade options"...
that's because it typically involves trying to profit from short term fluctuations in price...

but hearing "I invest in real estate", "I invest in stocks" or "I invest in fine art"...
all sound natural, because they are all typically long term, and money is being made from appreciation in price and/or dividends/rental income...

[XXXBizXXX]

My ex-girlfriend was my worst investment in 2014

[Black All Through]

Worst investment: Home Decor website (spent on it $x.xxx) closed it after 9 months

Best investment: Dusting off an old blog 2 months ago, (spent: $199 custom template and $9.99 month hosting) 8k UV's daily and growing, in December it pulled in exoclick and other revshare sponsors around $4.200. I know its not a lot, but I've nearly got my "Bad Investment" money back already

[Lykos]

And I invested in 3 of those 4

[PR_Glen]

Originally Posted by edgeprod

Best thing to make money on swing trading this year: all of the above.

can't disagree with that, although i still think bitcoin is a lot more of a wild card...

[Barry-xlovecam]

Investment, trading, and speculation are not the same thing.

[Relentless]

The U.S. economy is growing (thanks Obama) and the world economy is more stable than two years ago. Money will continue to move out of hard assets like gold and silver toward otter sectors.

The data you posted is not a sign of gold or silver being weak, it's a sign the economy is becoming stronger and the two are connected.

[helmuc]

hired a full time programmer from Philippines for a unique project, bought some equipment for him, spent money on dedicated server, software licences and other related stuff.. no progress was done... just bla, bla, bla.. :/

my ex-wife was the worst investment in 2003 :D :D

[ilnjscb]

Legal fees for a federal judgment I thought I could collect - I spent the money in my head because it was "certain" and defendant just changed EIN, name, and "moved headquarters" to India. I'll get it eventually, but it will take years and 50K.

[Barry-xlovecam]

Originally Posted by Relentless

The U.S. economy is growing (thanks Obama) and the world economy is more stable than two years ago. Money will continue to move out of hard assets like gold and silver toward otter sectors.

The data you posted is not a sign of gold or silver being weak, it's a sign the economy is becoming stronger and the two are connected.

If you look at the chart for the dollar index


and the charts that I posted above

Originally Posted by Barry-xlovecam

^

it is clear that the percentage differences to not explain that vast difference. The US Dollar (remember the doomsayers foretelling the crash?) is ahead of the game but not by 30% or better ...

Those charts seem to point out the speculative fluff in the respective values of the name assets above.

[edgeprod]

Originally Posted by ITraffic

bad for people who get paid in bitcoin you would think?

As someone in that boat, I can tell you for sure: it hasn't been beneficial for a lot of people. Fortunately for me, my pay is "pegged" to the value of the coin at the time of payment, but since I don't usually buy and hold (I sell as it rises, then dump it and wait for the next fall), I just do a "short" hold when the value is very depressed, and end up making more than I would have. Recently, I got paid at $320, and it fell to $250 -- that wasn't so great.

Originally Posted by PR_Glen

can't disagree with that, although i still think bitcoin is a lot more of a wild card...

"Wild card" is an understatement. I still believe the "killer app" of Bitcoin will NOT be financial (as a currency) ... I'm working with the accelerator at Plug and Play to develop some of those "next-gen" apps right now. Exciting stuff, for sure.

[OneHungLo]

Originally Posted by edgeprod

...but since I don't usually buy and hold (I sell as it rises, then dump it and wait for the next fall..

[danielpbarron]

Originally Posted by edgeprod

"wild card" is an understatement. I still believe the "killer app" of bitcoin will not be financial (as a currency) ... I'm working with the accelerator at plug and play to develop some of those "next-gen" apps right now. Exciting stuff, for sure.

There is nothing to bitcoin if not for the currency; the financial aspect of it is what creates an incentive to secure it. Keep pretending that you can be part of bitcoin (and therefor, civilization) without actually putting any skin in the game; act like you know what you're talking about.
What is the point of a "killer app" if not to make money? And idiots like you, sore over having missed the early adopter boat, try to rewrite reality. You're not late to the party! Buying low and selling high is so "last-gen." Now it's about making a bunch of vague promises that sound "exciting" to amnesic venture capitalists.

[420]

Originally Posted by danielpbarron

There is nothing to bitcoin if not for the currency; the financial aspect of it is what creates an incentive to secure it. Keep pretending that you can be part of bitcoin (and therefor, civilization) without actually putting any skin in the game; act like you know what you're talking about.
What is the point of a "killer app" if not to make money? And idiots like you, sore over having missed the early adopter boat, try to rewrite reality. You're not late to the party! Buying low and selling high is so "last-gen." Now it's about making a bunch of vague promises that sound "exciting" to amnesic venture capitalists.

I'm not sure if you know who you're talking to buddy. Although, I'm sure you're a bitcoin baron that's scaring the status quo.

[RummyBoy]

Originally Posted by Barry-xlovecam

#3 Gold

Well this is one is WRONG. Gold was up in 2014 in almost all currencies apart from the US dollar. And even in USD terms went down only 1.5% so I can hardly call that worst investment if you bought at the start of the year and saw performance at the end of the year: