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

Absolut

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Man shut the fukk up.... you just reduced this to logging in and checking your checking/savings account for Wells Fargo
because thats all it is. he had no idea where his money was. thats elementary finance. you have to take finance couses at harvard to learn that basic ass shyt? :dead:
 

The God Poster

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because thats all it is. he had no idea where his money was. thats elementary finance. you have to take finance couses at harvard to learn that basic ass shyt? :dead:
Y'all arguing but both basically saying the same:mjlol:

Yes athletes should know the minimum.
No most athletes aren't going to take time to learn the advanced finance.
 

Colin X

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That is all kinds of fukked up!

I don't know why athletes/entertainers trust financial advisers. Why not learn the business and if you don't want to do that then just put the money in the bank or park it in real estate.

If he gave me access to his portfolio I woulda made him mad dough.


Breh, all rich people use financial advisors.


I highly doubt Drake and Jay Z manage their own money.

In fact Jay has literally rapped about his accountants and shyt.

Zuckerberg and Bill Gates definitely aren’t managing their own money either :mjlol:


“Managing” millions upon millions is a lot easier said than done. You should know what’s going on, but if you wanna make real money moves just hire somebody who knows what they’re doing
 

JLova

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You don’t understand.... let me ask you this... are you the top .05 percent in your field
Also, how old are you.... and were you in that top < 1% at the age of 21?

I don't think you understand. Put that faith in yourself and not people you know nothing about.
 

MJ Truth

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That is all kinds of fukked up!

I don't know why athletes/entertainers trust financial advisers. Why not learn the business and if you don't want to do that then just put the money in the bank or park it in real estate.

If he gave me access to his portfolio I woulda made him mad dough.
Easier said than done breh. You're talking about guys in their early 20s who know nothing but football usually and have to spend all of their energy focused on that to get to where they are in the first place.
 

philmonroe

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:mjlol:

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

Y’all so called negroes on this site stay exposing y’all selves
Its not they expose themselves they just rely on stereotypes. They don't have the interactions with whites like blacks so they just suck them off based on stereotypes.
 

Optimus Prime

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JLova

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Breh, all rich people use financial advisors.


I highly doubt Drake and Jay Z manage their own money.

In fact Jay has literally rapped about his accountants and shyt.

Zuckerberg and Bill Gates definitely aren’t managing their own money either :mjlol:


“Managing” millions upon millions is a lot easier said than done. You should know what’s going on, but if you wanna make real money moves just hire somebody who knows what they’re doing

A lot of people do not know what they're doing, though. That's my point. If you're not educated enough in the investments your investor is making then you can't blame anyone but yourself.

Again, there are very safe, bets, conservative investments one can make if they just want to make small gains and not worry about losing money. Real estate is always a sure bet. If you do enough homework you can make big money off of real estate.

Drake has plenty of real estate and so does Jay-Z. But it's good to have a diversified portfolio so I see nothing wrong with fukking with other shyt but learn the damn shyt you're investing in. Maybe it's just me. I rent out all my places myself instead of paying an agent. Often times I'll do the repairs myself instead of paying someone. I mean, some people are hands on and others are not.

At the end of the day, you need to be on top of your shyt because we hear time and time again of advisors stealing or losing money.
 
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