Darren McFadden sues finance advisor for using $ for Bitcoin venture, lost out on $237 Mill

[JLova]

shyt ain’t really that hard though. buy some low cost index funds and let do. if you feeling risky, take maybe 10% and do some crazy shyt with it like buy some bitcoin. the trouble is that people try to get rich (or richer for most athletes) quick. that said, i understand how young men from the hood can fall for the okeydok but i wish the leage would have someone give them this advice.

Bingo. This is what I was trying to get across. You could easily make some conservative, low risk investments and make %+ a year. But some cats wanna double their money in a year so that's why you see cats get caught up in a lot of these scams. Too good to be true type shyt.

 

[ORDER_66]

Breh you’re still not getting it. Dealing with high dollar amounts, folks want to make as much money as possible, become investors, all that shyt.

Unless they spend years studying the game and building connections it is 100000x easier to just get somebody already IN the game with connections to advise you on where your money should go and handle it.

NOOOOOOOOOOOOO Dude I run my own small business I have to account for every dollar I spend with my shyt... I don't want anyone to swindle me out of MY MONEY.... It's my money why would I trust someone else with MY MONEY!!!!

DO NOT TRUST ANYONE WITH YOUR MONEY!!!! If I invest my money in a certain thing I do my homework on it. the only reason you don't and let someone else do it is because your lazy... then in a few years down the line you'll wonder where 20 million went. I lose 30 mill.. or be antwoine walker lost 150 million of his entire career earnings ass nikkas... Man if I ever get into that upper level tax bracket I aint letting NO ONE TOUCH MY MONEY... you must be outta your fukking mind to let financial advisors touch your shyt the stories you keep hearing about dudes going broke and people stealing from them. fukk that. google finances, go to community college, shyt you can go to the learning annex... STOP it fam....

 

[Sonic Boom of the South]

Yoooooo

Is there a picture of the Mike Vick dude?

Is he white?

Was he in the army?


I may have been in basic with this dude


He was from Arkansas too

 

[pete clemenza]

Bernie Madoff dupped old white businesses men worth 8 and 9 figures... but a 20 year old from the projects supposed to know better...

Y’all so called negroes on this site stay exposing y’all selves

Yet these 20 year old cats in the hood know how to set up passwords and user-names for Instagram and Facebook, edit pics, messaging, etc.

Its the same fukking shyt you jackazz.. know where you bank at, log in to their website, set up a user name, password, and have your banking number handy and there it isHow hard is that

 

[BaldingSoHard]

shyt ain’t really that hard though. buy some low cost index funds and let do. if you feeling risky, take maybe 10% and do some crazy shyt with it like buy some bitcoin. the trouble is that people try to get rich (or richer for most athletes) quick. that said, i understand how young men from the hood can fall for the okeydok but i wish the leage would have someone give them this advice.

Sure we know that, but tell a 19 year old who's making millions to put 40% of his paycheck away in a boring investment that won't impress anyone on Instagram. Tell him to keep it up for 20 years and wait for it to make millions... he's gonna give you .
Then take that same breh, and have a brother in a Gucci suit tell him he can have his own restaurant where the hoes will flock.... he's gonna be .

 

[#1 pick]

At 21, I didn't know the shyt I know now. That said, I had the father who could tell me but let's be clear, most Black folks don't have that access.

 

[hashmander]

STOP HIM ... STOP HIM, he's running away with darren's money.

 

[Rigby.]

His financial advisor took the funds he wanted allocated for purchasing the 3 milli worth of bitcoins and did some other shyt with it. That investment would have been worth 237 million today.

I would’ve fukking killed him, fukk suing. nikka would’ve had generational wealth damn near

 

[Field Marshall Bradley]

shyt ain’t really that hard though

so you a multi millionaire posting the coli huh? :juvi:

 

[Field Marshall Bradley]

Bingo. This is what I was trying to get across. You could easily make some conservative, low risk investments and make %+ a year. But some cats wanna double their money in a year so that's why you see cats get caught up in a lot of these scams. Too good to be true type shyt.

Canadians speaking for blacks in America......

 

[Ashyneezz]

If these athletes really cared about their money, they'd take a class in money management and watch their own money

 

[kevm3]

I wish these dudes would stop going to 'financial advisors' and just sit on the money until they get out of the league and take some finance classes. In fact, why don't some ex players go study finance and create an advisory firm to serve players in the league to help avoid these snakes?

 

[Astroslik]

Gotten give McFadden props on the foresight of bitcoin

 

[Mensch Fontana]

lose money in bitcoin brehs

 

[ORDER_66]

lose money in bitcoin brehs

but he never invested in the bitcoin the guy stole the money!!!