Ever wandered across a beach, only to stumble upon vomit from a whale? Oh you haven’t? Too bad for you. If you had, you might be like 8-year-old Charlie Naysmith who is now $63,000 richer because of it. Apparently sperm whales regurgitate a substance known as ambergris. Ambergris, in case you didn’t know, can make the scent of perfume last longer; making it a very valuable commodity.
Charlie will now have more in his savings account than most of us all because he decided to pick up some vomit.
This story makes me think about all the great opportunities I’ve ignored or overlooked. Maybe this $1.99 desk I bought from a thrift store was the desk Thomas Jefferson wrote the constitution on? Or maybe that old Ken Griffey Jr. card I have in my baseball collection is worth more than the $0.50 I paid for the pack of gum it came in? Hey if whale vomit can be worth thousands, why can’t my desk be worth millions?
The best return on investment I’ve ever got was a mini-van I purchased from my Grandma’s estate when she passed away. I paid $1,700 for the van and drove that sucker my entire junior year of college (and if you’re wondering if it had dual automatic sliding doors; the answer is yes!). One year after purchase, I put the thing up on Craigslist and sold it for $5,000 within a week. Buying a mini-van is the best financial decision I’ve made yet…take that personal finance!!!!
You never know when your next cash cow could present itself. One day you’re walking down the beach with your dad. The next you are selling whale vomit to some company for $63,000. Lesson learned.
What’s the best return on investment you’ve ever made?