DJ Khaled Doesn't Trust Accountants Or Money Managers
- Thread starter Louisville Slugz
- Start date
feelosofer
#ninergang
It's his money to manage/mismanage.
Fill Collins
Able to get note from doctor
Considering his background, I can't blame him
Shoe box flow or duffle bag flow, shyt even change jar.
You pay for shyt yourself, you know when the box is looking low, when the bag is feeling lighter, when the jar looks and feels low.
Khaled talks a lot of mess but he's right right now.
You pay for shyt yourself, you know when the box is looking low, when the bag is feeling lighter, when the jar looks and feels low.
Khaled talks a lot of mess but he's right right now.
Accountant handles my money but i double check - cam'ron
Dafunkdoc_Unlimited
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He should check with DJ Envy. I hear he's doing well.
Smart! I mean, some of these dudes come from VERY humble beginnings. Learning money management is key!
Some cats will let some cac handle all the bread while they out partying and living it up. That’s ripe for scams…be responsible and handle your finances. Take care of your bills, you can catch a lot of stuff right there. Letting other people “handle” it says you just trust any ol body to handle YOUR biz…
I’m not mad at that. For the things I couldn’t handle alone like investments and whatnot, I’d still have a “hands on” approach and would double and triple check…you made too much money to let someone else squander or steal it
Some cats will let some cac handle all the bread while they out partying and living it up. That’s ripe for scams…be responsible and handle your finances. Take care of your bills, you can catch a lot of stuff right there. Letting other people “handle” it says you just trust any ol body to handle YOUR biz…
I’m not mad at that. For the things I couldn’t handle alone like investments and whatnot, I’d still have a “hands on” approach and would double and triple check…you made too much money to let someone else squander or steal it
Elim Garak
Veteran
I agree with him.
White City Black
Ol’ Basquiat head ass
With everything having apps today, no excuse to not pull your shyt up at least every other day or so and see if something’s off
“Hold on, love. I don’t recognize this sh…lemme call this nicca up right quick!!”
With everything having apps today, no excuse to not pull your shyt up at least every other day or so and see if something’s off
I just took 5 mill out to invest at a 40% return in the next month
Nigerianwonder
Superstar
Smart man. I remember Floyd Mayweather said something similar cause he learned after the first time he went broke. He signs off on everything. He keeps most his money liquid and in a few accounts and makes sure he has more going in than coming out. It's that simple to never go broke.
Part of the issue is this desire to be a boss we perpetuate. People act like simply having money sitting and stacking up in your account is a bad thing. Most Athletes wouldn't go broke if they did just that. Instead the want to hire a team to spend and "invest" their money and pretend they are warren buffet and try to flip there money. If you got paid 10 million a year why do you need to try to flip anything? Just save it and you will be set for life when you retire from sports.
Part of the issue is this desire to be a boss we perpetuate. People act like simply having money sitting and stacking up in your account is a bad thing. Most Athletes wouldn't go broke if they did just that. Instead the want to hire a team to spend and "invest" their money and pretend they are warren buffet and try to flip there money. If you got paid 10 million a year why do you need to try to flip anything? Just save it and you will be set for life when you retire from sports.
With all the stories that come out about money managers and accountants and what they do with their clients' money, I don't blame him. Get advice and an opinion from them, but to give them a greenlight to 'manage' your finances and have power of attorney over spending your money how they see fit? That's a no-go.
Tim Duncan seemed like he'd be a savvy dude, but even he got swindled by his 'financial advisor'. Best to get multiple opinions and then make the ultimate decision yourself.
Tim Duncan seemed like he'd be a savvy dude, but even he got swindled by his 'financial advisor'. Best to get multiple opinions and then make the ultimate decision yourself.
He's not wrong to feel that way.
Audit 101. Segregation of duties. The same person shouldn’t be recording and authorizing transactions unless it’s you.