Carmelo Anthony Takes $62 Million Advance :damn:

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this is really why getting that money up front is really good.
He could do something simple like invest in apartment rentals (im talking eating up hundreds of units at a time) and get about a 10% return on his money while he's playing.


In reality he took that advance to probably pay off debts and get himself some nice new shyt.
 
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Admiral Ackbar

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Does he have to go to one of those paycheck advancement spots in a local strip mall? :dwillhuh:
 

stepbackj34spud

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If that condo he owns in Manhattan is filed as his primary residence, Let's add up the top tax brackets.

39.6% federal income tax

8.82% NYS income tax

3.876% NYC income tax

=

52.296% in taxes:huhldup:

:mindblown:

So 52% of his yearly salary is gone? :mindblown:
Taxes have to be the only reason these athletes go broke. :damn:
 

blackzeus

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I hope he invest in some precious metals like gold

Gold droppin' like a muthaf*cka worst idea ever :mjlol: He needs put that sh*t in as many CDs and bonds as possible, live off the interest, get educated on the markets, and then make the best moves he feels possible with the interest he's collecting. He should only cash in the CDs and bonds for below market real estate deals/business deals. Gold is a store of value, nothing more, nothing less. Unless you can physically take possession of the gold, those gold certificates you bought are worthless, good luck getting the gold dealer to open that vault open if/when the dollar crashes. :heh:
 

Diddly Drogba

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I really don't care about Carmelo's pockets, let's talk about this chick right here. I will donate Coli cash to anybody who hooks me up with a name/IG/twitter of this chick, and of course explains how to donate Coli cash, don't know how to do that sh*t :to:
i think she down with taz angels
 
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