count the ways.....
(1) gamble at a casino;
(2) invest recklessly in stock market;
(3) exchange with black money;
(4) join a dubious pyramid scheme.
you get the point. do any of the above & you would have mockery & jeer showered upon you for not being clever with your hard-earned money.
however, i think the most legitimate way to lose some, if ever there were one, without incurring any ridicule is to buy a car. any car. because the public transport system is so appalling, any worse it would be non-existent. therefore, buying a car is a justifiable exercise, even when it loses at least 10% of its value the moment it leaves the showroom.
in my case, i'm losing 80% of the car's original value after 9 years. the wife is flabbergasted at the depreciation. however, i'm ok with that because i relish those years of reliable work-horse-like service. without pricking on the conscience, i dare say it is a good investment. up & down the country in almost 120,000km of pleasurable driving in comfort & safety - 10-disc CD player, ABS, airbags & all.
only thing it's not, is a babe magnet. heh heh!
so, bernie madoff, eat your heart out!