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Glenn

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Would you spend ANY money on a 20- year- old gallon of barbeque sauce? Well, back in the 90's, McDonald's introduced the McJordan... a burger named after Michael Jordan... which was topped with "McJordan" barbeque sauce. For reasons we can't explain, someone still had a jug of the stuff and they put it up for sale on eBay. For other reasons we can't explain, someone spent $9995 for it. If you think that's stupid (you're not alone) we have a list of the top 10 things the federal government wasted your tax dollars on, including robot squirrels, a study on Gaydar (seriously) and pottery classes for Moroccan residents. You can't make this stuff up.

Anyway, anonymous eBay bidders and the feds aren't the only folks to make terrible decisions with $$$. We all have wasted money on something that seemed like a good idea at the time and occasionally, we actually spent money on something that benefitted us. So that brings us to today's question:

WHAT WAS YOUR BIGGEST WASTE OF MONEY OR YOUR BEST INVESTMENT?

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Fishing baits that I've had for years that haven't even made it out of the package.....

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Biggest waste of money: every boat I've ever bought (they're just holes in the water I throw money into)

Best investment: college tuition

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Waste of money: my condo/town house.

Best investment: My hand tools. Cant make that money without them. ;)

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Back in the early Seventies I had the "opportunity" of living in Dubai (that's in the Middle East, for those of you who are geographically challenged.) Back then, the price of gold was set by what I believe was then called the U.S. Gold Standard, which was about $32 an ounce. Just about the time I arrived in Dubai, the U.S. abandoned the Standard and the price of gold went from $32 to $35 an ounce almost overnight. Primarily because I like shinny, glittery stuff I bought twenty 10-tola gold bars which weigh 3.75 ounces each. It cost me about $2,600. Today those gold bars, which reside in my safe deposit box, are worth about $133,000. My best investment, by far.

My worst investment was in my first wife. When we divorced she was the secretary for the local small town District Attorney. We split everything right down the middle. She got everything, including the kids, and I got the payments.

Luckily I was married to my second wife (of forty-two years) when I bought the gold.

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She said I would have a good time. I just didn't expect it to be over so soon :cry4:

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When the boys in my scout troop get old enough to date I give them a short lecture on how to save money in the dating world. It starts out like this. "Boy, Don't waste your money on someone else's wife." I learned that one the hard way.

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Worst investment......My exwife

Best Investment.....My exwife. I got my best friend who just turned 6 out of the deal!

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Too many material items to even start listing, some well worth it and others not. Without question my best investment is my wife, I'd probably call it a life change rather than an investment. Earning a nice living was hollow and superficial until I had someone to share it with, that said the road is not always smooth but seems to work out in the long run.

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I hope my wife doesn't read this lol......Worst Investment our wedding I paid for the whole thing including her dress took my whole sign on bonus(20k) weddings IMO are the biggest waste of money yes me and her remember it but anyone else not really I basically paid 20 grand to give all my friends and family a reason to get **** faced drunk. My wife couldn't even drink at our own wedding she was 10 weeks pregnant so I didn't drink(that much) since she couldn't. Actually she would agree if she did read this because she admits we went over board on it and should have listened to her parents who said just do a very small wedding in front of the judge and a small party at there place but every girl wants there big fancy wedding.

Like rockchalk best investment was my wife as well my 2 boys have came from it and more then likely a 3rd will be on the way in a few months if she has her way lol.

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Banjo Minnow System.

I just had to have it after seeing the Linder's BS on TV.

Still have them in a drawer.

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Banjo Minnow System.

I just had to have it after seeing the Linder's BS on TV.

Still have them in a drawer.

I'll stick with the fishing theme, too. Banjo Minnow and And Kicktail tie for the worst buys; high-end reels bought

on sale have been my best. Most of my reels have been bought from BR members on our Flea Market. Of particular

note are three Stella which I paid $300 on average, two Chronarch 50mg, two CTE200GT and one CTE100GT super

tuned.

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The best money I ever spent was the $35 adoption fee for my Lab-Hound mix (rest her furry soul).

Worst money spent was the down payment on my wedding that I cancelled a few weeks before it occured. However, that wedding was the best thing I never did.

Oh, and for the record, I've caught a ton of fish using the Banjo Minnow.

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I already know the worse investment I'll make will be on a wedding.

The banjo minnow was the bait that got me back into fishing.

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I hope my wife doesn't read this lol......Worst Investment our wedding I paid for the whole thing including her dress took my whole sign on bonus(20k) weddings IMO are the biggest waste of money yes me and her remember it but anyone else not really I basically paid 20 grand to give all my friends and family a reason to get **** faced drunk. My wife couldn't even drink at our own wedding she was 10 weeks pregnant so I didn't drink(that much) since she couldn't. Actually she would agree if she did read this because she admits we went over board on it and should have listened to her parents who said just do a very small wedding in front of the judge and a small party at there place but every girl wants there big fancy wedding.

Like rockchalk best investment was my wife as well my 2 boys have came from it and more then likely a 3rd will be on the way in a few months if she has her way lol.

I look at it differently. While your wife agrees with you now, if you'd had a small wedding it might be a thorn in her side forever. It might make her feel that you didn't think she was worth it.

Better for both of you to be in agreement now that it was a "waste" of money, than to have had the small wedding hanging over your heads for the rest of your lives. If you look at it from this perspective it wasn't such a waste of money after all.

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. One event I'll never forget in regards to investing was learned in the most unusual way. Was at a friend's house, needed to hit the head. There on the wall instead of wallpaper was literally hundreds of bonds and stocks, I had to ask. Those are the ones that turned out to be worthless. My buddy said that they weren't even worth wiping your butt with, and that using them that way reminded him daily to be more careful with investments.

My biggest was buying a house. I knew a couple of things wasn't built right, so I made a ridiculous low offer which was accepted. Bought the place, fixed the problems and thought everything was good. I was sitting on 100 grand of equity. Within 7 years the foundation failed, many floor joists had busted, the steps were leaning. Lost $253,000.00! Turns out the ppl I purchased from knew about the issues, sued the builder and won. None of this was disclosed to me, I had no legal recourse because I lived there over 7 years.

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Too many material items to even start listing, some well worth it and others not. Without question my best investment is my wife, I'd probably call it a life change rather than an investment. Earning a nice living was hollow and superficial until I had someone to share it with, that said the road is not always smooth but seems to work out in the long run.

X2

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my worst investment was buying tackle i don't need and I will never use.

best investment has been college as well as civil service exams

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Best investment.......probably my Leatherman. I have gotten so much out of that.

Worst? Definitely my ex-girlfriend. I spent at least $30 a week on her for a year.. (Keep in mind that I'm 15.)

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Best investment keeping a large amount of money in the bank. In a few years that will allow me to buy about 5 acres with a custom built home, and a 40x60 shop/garage. The best part is I will be able to pay cash for every thing.

Worst way to many to list.

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Some fancy cooking pots that were supposed to steam in flavor and cook without water or oil, spent over $1,000 on the set plus a set of knives. They work pretty well but it takes about half an hour of scrubbing to get the dang things clean again, just not worth the hassle.

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Fishing baits that I've had for years that haven't even made it out of the package.....

I am there with you....

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Some fancy cooking pots that were supposed to steam in flavor and cook without water or oil, spent over $1,000 on the set plus a set of knives. They work pretty well but it takes about half an hour of scrubbing to get the dang things clean again, just not worth the hassle.

Ron Popeil thanks you.

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Sounds more like Chris Nahatis and Saladmaster. Chris was one of the first to produce infomercials more than 50 years ago. There were two things I remember, the first was a variety of stainless steel pots and pans. The other was a vegetable slicer.

He used to crumple aluminum pots and pans by beating them up with the bottom edge of his pots and pans. No surprise that the rims of the aluminum pots got rimwracked.

http://www.saladmaster.com/index/CareerswithSaladmaster/Nahatis.nws

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