Adventures in Buying a Ferrari for $2

[SpooPoker]

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)!

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

 

[varsityreds0123]

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

 

[in stitches]

 

[ermo]

Subbed.

 

[earthdragon]

You are a KING

 

[kbadgley84]

Subbed

 

[impuntura]

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

 

[dreamspace]

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.

 

[Torzano]

Yes!

 

[bdavro23]

Ok, I'm in...

 

[clee1982]

Cool idea

 

[clee1982]

85k Ferrari got to be kind old?

 

[ThinkDerm]

that wallet is a beauty.

 

[SpooPoker]

85k Ferrari got to be kind old?

50% downpayment on a $170,000 one.

 

[greenhouse]

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