What's the most money you've lost?

[Robert Mugabe]

$60,000 in two weeks on Mastercard last March. Got it all back though. So I don't know if that counts. To me it does. Don't chase stocks when they are going up.

 

[TeeJay]

truth hurt bro?

Still waiting for a sentence in english

 

[black booty lover]

Still waiting for a sentence in english

We're all still waiting for you to show us your a decent human being but sometimes waiting doesn't do any good.

 

[shack]

Not gonna say how much. I will just say that divorce is expensive. (Not sure if anyone else mentioned it)

 

[decoy2673]

around 100k in the intial COVID crash. was highly leveraged when it happened so it didnt recover like stocks.

i would think the biggest amounts here would be divorces.

 

[harbourhavoc]

I gamble on sports. Biggest One day loss is about 7-10k. Over the course of a 2-3 months, about 50k.

 

[thirdcup]

I had to think about this -- the answer is $160 that I lent to a former friend who never paid me back.

In retrospect, it was actually money well spent because I learnt a valuable lesson to never lend money to friends because absolutely nothing good can come from it.

Prior to this, I'd lent money out to friends a few times, and to be honest, it was never seamless. There'd virtually always be a day we'd agree upon that I would be paid back and that day would come and the money still wouldn't be paid back, and I'd have to go calling for it, which is humiliating for both parties.

If friends ask you to lend them money, they're doing so because their bills and debt exceed the amount of money they're bringing in. If you lend them money, you've just become one more of their creditors, and you're their favourite creditor because chances are there's no interest on the money you lent out and missing a payment to you will not affect their credit score. So you're at the bottom of their list of people to be paid back.

There is a saying - If you lend your friend $20 and you never see him again, it was worth it.

There was a time in my teens or early 20s I borrowed a small amount from a friend (well under $50), and then for several months afterwards I always came up short when he asked for repayment. I finally decided this was not a good look for me, and I paid him back. I am not proud of this. Our friendship recovered. Stringing or bread crumbing people along is not cool.

 

[jalimon]

i would think the biggest amounts here would be divorces.

About 150k for me. It was a loss but at the same time an investment as it made my ex happy therefore our relation with our kids is great.

Appart from that I loose money all the time. Each time I plan to see an SP I put 300 aside. But often I forget where I put it! Just the other day I gave a pack-sack to my son as he needed it for a special activity. He told me 'hey dad look I found money in the front pocket'. Wouhou!

 

[thirdcup]

Not gonna say how much. I will just say that divorce is expensive. (Not sure if anyone else mentioned it)

But did you get value for your money?

 

[MCUnwritten]

Roughly close to $75k. Didn't learn a life lesson about not lending $ to family&friends until the x time that it happened. In addition to some poor investment decisions. Lost more in the investments but the former hurts more.

 

[onomatopoeia]

Jack Handy Deep Thought: If you lend someone $20, and you never see them again, it was probably worth it.

 

[decoy2673]

About 150k for me. It was a loss but at the same time an investment as it made my ex happy therefore our relation with our kids is great.

Appart from that I loose money all the time. Each time I plan to see an SP I put 300 aside. But often I forget where I put it! Just the other day I gave a pack-sack to my son as he needed it for a special activity. He told me 'hey dad look I found money in the front pocket'. Wouhou!

thats not bad.

my father lost a million dollar house to my mom in his divorce