Odell Beckham explains why $100 million contract isn’t really a lot of money “if you think about it that’s only $60 million after taxes”
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King_Kamala61
:mjlit: A Fat Black Nasty MFer :mjlit:
He still has over 40 million after taxes...you don't need a big ass house or a mansion
Pure Water
Veteran
“Only” 
Striving For Greatness
Get Certs or Die Tryin
it would last plenty generations if you weren't buying dumb shyt 
UpAndComing
Veteran
i get him when he refers to how ppl who arent in the position dont know what its like.
thats completely true...still doesnt justify ever going broke.
if you're making 5 million a year, after taxes, at the very least you should take a 20% of that every year and invest in some low risk, non-cylcical shyt like bonds, high quality dividend stocks (e.g., utilities or telecom companies) etc. Stuff that will generate at least 5-10% a year. You do that and youll never go broke.
People go broke because they stunt, cant say no to family/friends or entrust their money to advisors who do bullshyt with it, its that simple really.
thats completely true...still doesnt justify ever going broke.
if you're making 5 million a year, after taxes, at the very least you should take a 20% of that every year and invest in some low risk, non-cylcical shyt like bonds, high quality dividend stocks (e.g., utilities or telecom companies) etc. Stuff that will generate at least 5-10% a year. You do that and youll never go broke.
People go broke because they stunt, cant say no to family/friends or entrust their money to advisors who do bullshyt with it, its that simple really.
What he said is the absolute truth though. He didn't say it wasn't a lot of money, he was pretty much saying it's hard to make it last if that's ALL you have and you try to keep a certain lifestyle forever. Plus he was talking about a 5 year contract; you would have to live a middle class lifestyle to make that be generational money. Most people don't have that kind of discipline, especially if you are expecting that contract to be the 1st of a few instead of your only contract.
Chrishaune
Veteran
I would suggest they buy a few to $10million in precious metals (gold/silver) and they won't have to worry about having enough money later.
The inflation is what kills people the longer time goes. Fiat currency is designed for inflation to take away value and keep people working.
There is no inflation on natural resources. The amount you have today will be the same amount you have later. Worth basically the same as it always was for trade value.
The inflation is what kills people the longer time goes. Fiat currency is designed for inflation to take away value and keep people working.
There is no inflation on natural resources. The amount you have today will be the same amount you have later. Worth basically the same as it always was for trade value.
If you’re crying over $100 million contract in any sort of way form or fashion that just shows how tone def you are with reality
these dudes grew up too broke and poor to be talking this nonsense.
fukk outta here
Number 1.. tell people around you no
Number 2. fukk the flossing and buying multiple cars, jewelry, tricking..
Number 3.. don’t buy a 10 million dollar house especially in a state like California
Number 4. U have connections get in contact with players who agents/financial advisors been straight and don’t fukk their clients over
Number 1.. tell people around you no
Number 2. fukk the flossing and buying multiple cars, jewelry, tricking..
Number 3.. don’t buy a 10 million dollar house especially in a state like California
Number 4. U have connections get in contact with players who agents/financial advisors been straight and don’t fukk their clients over