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Adventures in Buying a Ferrari for $2

Discussion in 'Classic Menswear' started by SpooPoker, Jan 1, 2019.

  1. SpooPoker

    SpooPoker Internet Bigtimer and Most Popular Man on Campus Dubiously Honored Affiliate Vendor

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    On October 16, 2018, I was lucky enough to find this Asprey alligator wallet at a thrift store for $1.99 (plus tax). It was $3.99 and I had a half off coupon that day.

    In this thread, I will chronicle how I am going to use this wallet through a series of flips and reinvestments, mostly in the menswear field (to keep relevant to the forum), to buy my second Ferrari. As many of you know, I thrifted my way to my first Ferrari in 2013, which I sold late last year. So I've decided to do it again and keep a diary of sorts along the way, with how far I can get this $2 to take me.

    My goal is to turn this wallet into $85,000 within 18 months, to use as a down payment on the car.

    I hope you all will enjoy the ride (literally)!

    Screen Shot 2019-01-01 at 7.18.18 PM.png Screen Shot 2019-01-01 at 7.18.35 PM.png

    Investment : $1.99
    Profits : $0
    To Goal : $84,998
     

  2. varsityreds0123

    varsityreds0123 Senior Member

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    This could be my favourite thread of 2019. Really cool.
     

  3. in stitches

    in stitches Kung Joo Moderator

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    :lurk:
     

  4. ermo

    ermo Active Member

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  5. earthdragon

    earthdragon Distinguished Member

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  6. kbadgley84

    kbadgley84 Distinguished Member

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  7. impuntura

    impuntura Distinguished Member

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    i was actually thinking about this wallet the other day,good luck man
     

  8. dreamspace

    dreamspace Distinguished Member

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    The solution is obviously to buy 2130 Hermes ties for $5 a pop, sell them for $50, and end up with $85k after fees and shipping.
     

  9. Torzano

    Torzano Senior Member

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  10. bdavro23

    bdavro23 Distinguished Member

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  11. clee1982

    clee1982 Stylish Dinosaur

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  12. clee1982

    clee1982 Stylish Dinosaur

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    85k Ferrari got to be kind old?
     

  13. ThinkDerm

    ThinkDerm Stylish Dinosaur

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  14. SpooPoker

    SpooPoker Internet Bigtimer and Most Popular Man on Campus Dubiously Honored Affiliate Vendor

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    50% downpayment on a $170,000 one.
     

  15. greenhouse

    greenhouse Senior Member

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    You will be donating it to my "charity," correct?
     

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