Topic: Why must you used such money to purchased a car? - page 2. (Read 614 times)

Wait, you’re saying you have a “friend” who has $28 Million? Shoot! . First thing you need to understand is that we all have preferences. I don’t know how much your friend is worth but his net-worth is what will determine if it was okay to purchase that. Nonetheless, your friend is conscious and it’s his money, so he knows exactly what he did/doing. I don’t think such thing is worth cutting ties with him because even if it’s his money, you are his friend and you’re meant to be there for him to correct him when he makes the wrong move. Also, remember that giving someone a good opinion doesn’t mean they will take it, but at least you tried as their friend… that’s what matters.

Friendship will always be there if he is indeed your friend, even with some exchanged words that are not too good to hear.
It will pass and time will tell if you will regain your relationship with him. There's no need to force yourself if somehow he is avoiding you for some reason.
Or there's no need for you to avoid him. That's his money in the first place, and he has all the freedom to spend it on his own accord.
In time, he will realize what he had done. Let him realize it on his own time. As a friend, you are just there to advise him but not force him for you wanted to do.

As i looked your post history, i am thinking instead of dollars you are talking about Nigerian Nairas. Making that 25 million NGN worth closer to $27k usd. You can't just use $ sign on the front of the number if amount you are talking about is not in dollars.

And we don't know anything about the person you are talking about. Maybe that rolls royce is an investment he/she needs. Not everyone is in the similar life situation as you that they would happily risk that much of money. And it could be the reason he has the money in the first place.

I wouldn't end or keep relationships based on investments. I think that's silly. Everyone is free to use their money as they please. If someone cut their ties with me because i bought, whether that's a rolls royce or eth, i would think that wasn't my friend in the first place.

Things like this are actually personal, a person who has extra money will definitely have no problem buying a car at a fantastic price (it's impossible for him to buy a car with money he doesn't have extra)
You also don't need to be too selfish to hope that your words or suggestions will be heard by your friends, don't end your friendship just because of this trivial matter, one day you will need each other.
a car is an asset whose value will decrease drastically every year, even in 5 years its value will decrease by 50%. all you need is time, look he will definitely regret buying that car.

Their is nothing bad buying luxuries if you can afford it without any struggle and their are more money to spend in businesses and other investments. So if the person has the money to get best car for himself don't think he is wasting it because the money is available and getting all the luxuries is to make one to feel happy, but in a case where one have not set up any investment and not buoyant enough it is big financial mistakes to spend money on expensive cars that can  not add more value financially to one self.

Are you sure with the amounts that you are telling us? If I have a friend that has $28M, I'd definitely tell him to invest and manage that wisely. I'd say to buy any car that he prefer but don't forget that he's not just going to live for this day and there's for him tomorrow and in the future. You cannot stop people fulfilling their dreams but giving them a reminder will give them some knocking about the reality. I like friends like this even I will have no benefits from them because seeing someone who's fortunate in life and they're still able to talk to you, that's something else IMO.

I do not see how that is any of your business, as a friend you can give advice to other people and do so with the sincerity and candor other people cannot afford as they could risk offending your friend, but that is pretty much it, your friend should be free to spend their money in whatever they want, and if the emotional satisfaction they get from that purchase is bigger than the eventual profits they could receive out of this market then that is their decision and you must respect it, so I think it is silly to end a friendship over something like this.

I don't think it's a good idea to break up with your friend just because he was able to purchase an expensive car that you wouldn't have thought a young guy like him could afford.

I expect you want to know what kind of business he is in and how he raised so much money just by buying a costly car(disregarding your advice to buy Bitcoin or Ethereum)

It would be wise for you to maintain your friendship with him and make every effort to learn more about the type of business that brings him great wealth at such a young age.

Sure thing! Imagine there are folks who spend lots of money on fancy cars, but forget about saving or investing. Now, let's talk about your friend who apparently used a whopping $28 million to buy a Rolls Royce without any smart investments. It sounds a bit like a made-up story because, think about it, how can someone just have all that cash for a car without a solid way of making money? I mean, where did your friend get such a massive amount of money in the first place?It's kind of puzzling because without a good business or investment, it's like a mystery, right? Unless your friend's family is super wealthy, it's hard to figure out how this huge amount of money magically appeared.

Your friend is basically rich, no need for you to give him any advice about bitcoin or ethereum since your friend just want to spend his or his family money on luxury. With the amount of money he spent on buying the rolls royce, I doubt that your friend will be in a state that he will invest to make profit to sustain his living. I also think that your friend is not interested about investing since he didn't even budge about the advices you gave him, just give up, rich kids life are very far from other normal person.

I think a Rolls Royse will still look cool even after it age for many years.

Now you're just bullshitting. Seconds ago you said that you don't know if your friend's parents or older brothers bought the car, and now you claim that his father asked him what he wanted to buy him because they wanted him to be a good person. None of what you say makes any sense and you just want to increase your post count. You need to stop doing that...


Apparently you're not such a good friend either. You ended your friendship because you didn't accept his decisions, and because he acted against your suggestions. Those are not the characteristics of a good friend.

Personally when some one have a luxury car they have large amount of investment fund and few percent of their profitable use for buying an expensive car, not all money have use for investing and some one enjoying their investment profitable buying car and some of them purchase another needed.
I agree with OP when use money for purchasing expensive car to buy or invest in bitcoin but many of them have did early before buying a car, some one need to enjoy with their profitable and buying what needed or their hobbies. Not all money must put in investment assets without use it for our daily needed and enjoy what our achievement, I think if OP have earn much money and put in several investment kinds will buy car or expensive motor cycle although it most expensive values.

Everyone has their own perspective on this, when your very rich friend buys a very expensive car they know what they are doing and I guess their view on the rich will be different from ours.
Regardless of the story you say is true or not if in the end they can afford such an expensive car then it is their right because surely by buying such an expensive car without thinking further then at least we know the wealth he has is much greater and indeed it is a certainty.
We as ordinary people will not be able to understand those who are indeed in the highest caste in the economy because their thoughts will not be guessed by those of us who have never felt the money that is not counted in the assets they have in their wealth.
Investing is very good but in the end those who have a high economic level must also be smarter because the wealth they get is not the result of sitting and sleeping but their planning must be more mature so that they can buy an expensive item even without blinking and thinking.

Man, he can use any sign he wants, but it's probably some mistake... I checked the entire thread page by page, and someone already shared it but I can do it again:



There are no such expensive cars... and if there were, do you think that someone who hangs out with so rich people would be here? And if there is a model that costs this much, it is probably a collector's car, in itself that car is an investment and will cost even more in the future.

That's massive. For your friend to be able to buy that amount of car, I am sure your friend will have millions of dollars sleeping in his account. You don't expect him to use everything he has to buy a car. When your friend know that the cost of maintenance for a Rolls Royce is very high. You should have said more about your friend and where he got that amount of money that he used to buy a car. Definitely,  your friend will have something doing. A lot of people have claimed not to believe your story, seriously, I am also one of them. Your story looks fake, maybe next time you will come up with something better. Making posts like this won't earn you any merit, it's even spoiling your reputation on the forum because once people see your post, they won't want to believe you, even when you are telling the truth. Some people might end up adding you to their ignore list.

And do you think your friend is not having a business fetching him cool money? Then, how did your friend make this huge amount of money to buy a single car? Do you think $28 million is a small amount of money that can be easily gotten? If your story is true, then your friend is making cool money, maybe he might be hiding it from you. All you will do is go closer to him and maybe beg him to teach you what he is into. Your friend is definitely hiding something from you.

Fine, you are a good friend for advising him to invest in bitcoin or Ethereum, but since your friend decided not to listen to you, then it's better you leave him. He has a reason for spending that amount of money on a car, and you can't force anyone to do what they don't really want to do. It's a free world, and we can choose to do anything we like.

Rolls Royce is not a car that you will drive for 5 years and will start looking old. We might be seeing the latest model of the car, but that does not mean the one your friend bought will be looking old.


Someone you are suppose to go close to so that he will show you how he is making money, you are separating from him, to be honest with you, separating from him is not going to affect your friend in any way, your friend will keep on making money and keep on buying new rides, just go close to him and apologize to him.

He used the dollar sign multiple times so I’m guessing he really meant USD. The amount and the age of his friend is very puzzling. The only explanation to that kind of wealth is old money. I don’t think it is anyone’s business how another choose to spend their money. Even though OP means well for his friend, it may come off as jealousy.

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Bitcoin is not the only investment available, stop giving financial to people. If they lose their money to market crash, would you be able to bear the cost. My advice; stop poking your nose in other people’s business

i know that this is a made-up story, but i will still respond to it but from a different perspective.

sometimes what you think is best is not necessarily good in the eyes of other people. if you think that it's pretty stupid when someone buys a car worth $28 million dollars because it doesn't give them any profit, and they should invest that money in bitcoin and make a profit from it, that's where you're wrong, rich people think differently. when they buy a car worth $28 million dollars it means they earn more than that, so they feel no need to invest in bitcoin anymore.

moreover, when they buy a car worth millions of dollars, they are making an investment and at the same time increasing their reputation among other rich people. with this, they will gain prestige and trust which can improve their name and the business they run.

I guess this is the most important question, millions of what currency? And I doubt that OP talks about dollars or euros...

We all have failed investments... for sure there are smarter things than buying a car, but in some way, a car can also serve to make some money. Some people buy a nice car and and then earn from transportation (taxi, uber, or whatever is available in some specific city, or region).
I also have friends who love cars more than anything, they spend their last money on a car and improvements, it's a passion for cars. I personally don't have it, but I understand people who do. In any case, I don't think it's a big loss... the car will certainly lose value over the years, but if it's well cared for and maintained, it won't be much. So it's not the end of the world, it's not worth it to lose a good friend because of this.

honestly thats not your business just let the man use his hard earned money for his own happiness, nobody know whats gonna be happening in the future, i mean some people have a saying to live the current moment not just thinking all about the future.
if he don't want to invest thats fine, as long as they don't put their financial burden as a result of their bad decision making towards you i think that shouldn't bother you.
it only becomes problematic when that person tries to burden the outcome of their financial burden to you and it cause you to suffer economically then only then you will need to cut friendship.
but overall if he doesn't really bother you financially why even think about it.
I personally would just be okay if someone want to use their money for some luxury thing, they might find happiness from it and thats all that matters in my opinion.

He decided to invest that much money in the car because he had the money and he had the right to buy what he wanted. We can only give him advice and then it's up to him. Moreover, we cannot interfere in his decisions because what is good for us may not be good for others. Maybe he is your friend who is so rich that he prefers to buy a car for prestige. If it is related to prestige, people will do anything to be considered more by others. So just let him buy the car and you can continue your bitcoin investment.