Jake Peavy lost $15-20 mill in a Ponzi scheme and the first thing his wife did was divorce him...

[Reece]

"And she Ms Blondie Katie Alford Peavy is tending to the needs of the big black c~~~ "

"The mom of 3 that has it tough now is training her blonde meathole for the BBC Carousel"

For dudes who swear no white woman would ever touch a black man, they sure do spend a large amount of time imagining their wives with them

 

[Pitfalls0117]

Anyone who invests in a bingo pavilion in Alabama is a rube who deserves to get hustled

 

[Da_Eggman]

He will be aight

Feel bad for the brehs making 50 k a year in the same situation

 

[King Poetic]

When these athletes ever going to put the word student athlete in their vocabulary when in school before they ever hit the pros.

Read, read, read everything u putting or who you giving money to invest in on..

fukking bytch divorce him like many white hoes cause that lifestyle she can't floss to her girlfriends

 

[itsyoung!!]

they get indoctrinated with the whole 'make more money off money you have' shyt.

they could just put 10 milly in savings account with 1.4% ypa and get cool 140k of taxable income each year doing absolutely nothing. if theyre paranoid about banks failing (which would be a huge, life-changing event here in US), just divide it up between savings accounts so you have 250k federally insured in each

1.4%? Once you start hitting the $800+k mark theirs guaranteed 7% interest accounts via Chase private banking. I was a banker at Chase and in the bay area, at the time, most the branches, especially bigger ones had private investment bankers in them because you never knew when some bored rich silicon valley or old guy comes in with $100k+ to swap banks etc

10 million would net him $700k (7% at $10 million) a year and thats starting at $800k for 7%..., Chase Private banking might give him 8-10% for that amount to sit with them...

the issue is these fraudsters tell them turn your $20 million into $40 million (or more).

But if you at the $100+ million mark, the safest investments are still real estate (for the most part but expect a crash soon but then another recovery, buying land is better than buying actual houses). Proven Fast food restaurants (taco bell, mcdonalds, etc. Not some local brand with like 10 restaurants cause then its still a gamble). or as you said, just letting it sit in the bank..

 

[yseJ]

1.4%? Once you start hitting the $800+k mark theirs guaranteed 7% interest accounts via Chase private banking. I was a banker at Chase and in the bay area, at the time, most the branches, especially bigger ones had private investment bankers in them because you never knew when some bored rich silicon valley or old guy comes in with $100k+ to swap banks etc

10 million would net him $700k (7% at $10 million) a year and thats starting at $800k for 7%..., Chase Private banking might give him 8-10% for that amount to sit with them...

the issue is these fraudsters tell them turn your $20 million into $40 million (or more).

But if you at the $100+ million mark, the safest investments are still real estate (for the most part but expect a crash soon but then another recovery, buying land is better than buying actual houses). Proven Fast food restaurants (taco bell, mcdonalds, etc. Not some local brand with like 10 restaurants cause then its still a gamble). or as you said, just letting it sit in the bank..

yea I didnt know about 800k mark, Im not quite there yet

but any regular joe can get 1.4% at online banks easily because they get no overhead.

 

[Admiral Ackbar]