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Old 02-12-2010, 10:32 AM   #61
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A $5000 non-refundable deposit on a North Shore home that we ended up not buying.

Tuition at the School of Experience-- priceless.

Is that tax deductible?
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Old 02-12-2010, 11:02 AM   #62
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Is that tax deductible?
Neither one of 'em.

Equally priceless was watching karma eventually catch up with the realtor who came up with the deal.
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Old 02-12-2010, 02:12 PM   #63
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How 'bout 9k dabbling in futures. Shorted QQQ when the nasdaq was making a run between 4-5k. Lost 9k in 2 months ... 2 months later .... well, we all know what happened.

Lesson Learned: If you can't hang with the big dogs, stay under the porch!
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Old 02-13-2010, 01:43 PM   #64
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Bottled water.

Nuf said.
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Old 02-13-2010, 01:55 PM   #65
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Divorce. $250,000.
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Old 02-13-2010, 02:30 PM   #66
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Divorce. $250,000.
Oh - you got the cheap one?
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Old 02-13-2010, 02:33 PM   #67
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A divorce and the ongoing child support from it have cost me at least $170,000 and counting. The infuriating part is not even 20% of that has actually been spent on my daughter.
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Old 02-13-2010, 03:17 PM   #68
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Oh - you got the cheap one?
Yeah, I guess there is some solace in that.
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Old 02-13-2010, 04:38 PM   #69
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Divorce. $250,000.
I withdraw my previous bottled water comment.
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Old 02-13-2010, 07:14 PM   #70
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My 'waste of money' list is too long to list. I would say between $8000-$11,000 for electronics that's including computers which was expensive in the old days and countless of gadgets like tv, camera, camcorders, mp3, beepers, cell phone, accessories for the cars .... Another 'waste of money' is eat out entertainment and I believe it's too much all together.

enuff
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Old 02-14-2010, 02:40 PM   #71
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I have to second the notion that the biggest waste of money is the house we bought although its 2 1/2x bigger than our apartment. It has needed very expensive repairs and the cost to maintain has exceeded our monthly rent including property taxes We purchased it in 2007 and it hasn't appreciated at all. If anything it is down 5% and falling in value. It is only 14 years old, needs a new roof because the current roof shingles were blowing off in the wind. The walls also needed to be painted because they were gruesome colors (purple and dark blue, pea soup green) It looks like it is going to be a white elephant by the time we sell it in 8 years. The only good thing about it is we now have a yard to sit in and mow. The other benefit is being able to have more than two people over for dinner. :>
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Old 02-14-2010, 03:04 PM   #72
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My biggest waste of money was hiring a financial advisor. Luckily we wised up pretty quickly.
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Old 02-14-2010, 03:17 PM   #73
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Pantyhose
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Old 02-14-2010, 03:18 PM   #74
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My biggest waste of money was buying a round of drinks for my co-workers at Happy Hour . The young ones started ordering really expensive drinks with top name liquor as I sipped my house wine .
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Old 02-14-2010, 03:26 PM   #75
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My biggest waste of money was buying a round of drinks for my co-workers at Happy Hour . The young ones started ordering really expensive drinks with top name liquor as I sipped my house wine .
Geez. In my working days us blue collar folks would just order beer. A bud vs a miller was not too much of a difference. Of course we gave a funny eye to them folks who ordered them foreign beers

And if we were doing shots it was a special occasion. Or someone got dumped/divorced...
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Old 02-14-2010, 08:09 PM   #76
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I have to second the notion that the biggest waste of money is the house we bought although its 2 1/2x bigger than our apartment. It has needed very expensive repairs and the cost to maintain has exceeded our monthly rent including property taxes We purchased it in 2007 and it hasn't appreciated at all. If anything it is down 5% and falling in value. It is only 14 years old, needs a new roof because the current roof shingles were blowing off in the wind. The walls also needed to be painted because they were gruesome colors (purple and dark blue, pea soup green) It looks like it is going to be a white elephant by the time we sell it in 8 years. The only good thing about it is we now have a yard to sit in and mow. The other benefit is being able to have more than two people over for dinner. :>
I agree. A house could be one of top in the 'waste of money' list. Look how many people losing their house because of the unexpected expenses well beyond monthly mortgage payment while the housing is losing its value rapidly. We just got a quote to finish the basement for around $20k; an upgrade/repair deck for $5k; a new driveway since our is is old and cracked $11k; all new window $8k; new furnace $5.5k; new roof $6k, not mention the kitchen is so old and outdated ....the list goes on since the house now reaching its 23th birthday, things start falling apart.

yes, take my words for it. A house is a bragging right, a proud ownership of the American dream but it could cost seriously if you're not careful.

enuff
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Old 02-15-2010, 11:13 AM   #77
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It's a long story; suffice it to say there was a woman involved...
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Old 02-15-2010, 11:26 AM   #78
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and bras that never fit right anyway.
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Old 02-16-2010, 07:19 AM   #79
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Divorce. $250,000.
Yeow. I got off easy.
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Old 02-18-2010, 09:34 PM   #80
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Mini rototiller. I was going to learn to how to maintain 2-cycle engines. I did a lot of pulling on the rope, created a few new cuss words, and grew royally tired of cleaning the spark plug. Then I learned to grow food in raised beds and let the worms to the turning..
The rototiller was no good as a clothes rack, either. I gave it away.
I've been ashamed of this for about 20 years, but this thread makes me feel slightly less dumb. Thanks.
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