T Pain Blows Through 40 Million

Bumblebreh

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No need for anybody to buy a Bugatti. You can get the same amount of adulation and validation in an Aston Martin.

bugattis were originally intended for people who have an individual networth that exceeds over 50 million.I own a major share of a fortune 500 type of money.Oil money.Oligarch type of money.I can afford to lose 1 million dollars type of money.
And hence in why I am not surprised that he had to pay 90k for a radiator.
 

King Frost

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And hence in why I am not surprised that he had to pay 90k for a radiator.

one was damaged but he had to replace all of them and it has to be sent back to france to get it done so he said f it

he was a little boy playing in a big man's world.

bugatti isn't a daily driver, it's a garage queen, show piece, private track use

tracy morgan was driving his on busy NY streets

:mindblown:
 

F K

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Real Estate is what you make it to be. You buy nonsense, you get nonsense. If you gonna buy and hold, do it to gentrifying areas like Atlanta was in 2009. T-Pain would have brought in Atlanta, he might be still sitting on millions. But South Florida in the hood :dead:
real estate is for non multi millionaires billionaires who want to give their kids something to build. if you got 40 million you should just be putting it in boring ass financial instruments and living on the interest. 1% of 40 million is 400k!
You can live a damn good life for 400k a year and never lose a dime of your principal
 

UberEatsDriver

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Brooklyn keeps on taking it.
one was damaged but he had to replace all of them and it has to be sent back to france to get it done so he said f it

he was a little boy playing in a big man's world.

bugatti isn't a daily driver, it's a garage queen, show piece, private track use

tracy morgan was driving his on busy NY streets

:mindblown:

Garage queens sound retarded.

I rather rent one out for the weekend to enjoy my bday or my Girls bday and drive it all day

:yeshrug:

As a matter of fact there’s a guy not too far from me who has two cars wrapped.

This whole time I didn’t even know the guy had an adventador under one of the wraps.
 

F K

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His manager sounds like a coli breh. A lot of you nikkas on here always tell us how easy it would be to flip property and turn $40K into $2M in 6 months
:mjlol:
no easy ways to make money unless you already have it. :francis: There's always a sacrifice or drawback.
 

Stir Fry

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Exactly. Nikkas saying they wouldn't know how to blow $40 millie are either boring or unimaginative. Or just lying.

I could blow through 40 million in a weekend.
Matter of fact, an hour.

I could also solidify my earnings, it'd take a week of meetings and perusals.

As someone who had a tiny pot and blew it, the lesson was brutal but the upside is real.

I've gone through a few small pots myself, and I'd probably blow it again if we're keeping it 100 :mjcry:
 

Reece

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:rudy: right back. It's common sense. Businesspeople generally go to school, had careers beforehand, and if they weren't formally educated professionals, they're still smart people. Whereas your average athlete can't score more than 10 on the Wonderlic and you wonder why they're making bad financial decisions :rudy: T-Pain spent $400,000 on a hideous necklace that says Big Ass Chain and you're surprised he made bad financial decisions :rudy: To keep it black, Robert F. Smith is a self-made billionaire. Engineer. Investment Banker. Private Equity guy. You're less likely to hear about people like him going broke. They have decades of education, experience and tons of trial and error. Whereas T-Pain was a dumb nikka that had millions of dollars dropped in his hands after high school after a few hit singles. It's not rocket science.
 
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Nigerianwonder

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He lying, he never had a 40 million at one time, mike tyson never had 40 million in cash at once but we want us to believe T Pain had that type of money

Tpain easily could have had 40 million. He blew up during the ringtone era. Folks were paying $1 for ringtone back then on top of buying the singles. He was on every major single at one point. He produced a lot of his records too. Yall forgot how big Tpain was. Scott Storch blew threw 100 million back in the day.
 

ORDER_66

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Tpain easily could have had 40 million. He blew up during the ringtone era. Folks were paying $1 for ringtone back then on top of buying the singles. He was on every major single at one point. He produced a lot of his records too. Yall forgot how big Tpain was. Scott Storch blew threw 100 million back in the day.


Most of it went up Scott's nose...:mjlol::bryan:
 

Reece

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T-Pain definitely blew a lot of his money on dumb shyt but the bigger issue is people think investing is some sexy thing when it’s not. They hear some story about a real estate flipper blowing up, or some angel investor that caught a lick on a startup going public and think they can do that too because they got money. Hell even stocks even. nikkas think they can toss some bread in some weed stock and be cool. Then they go broke and wonder why.
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True safe investment are not sexy. Mutual funds, REIT’s, bonds and dividend paying blue chip stocks are slow. They earn regular interest and take a lot of time to grow. That’s why most people ignore them. The other side to is he didn’t need to invest because he already had the bread investors dream to make.

You have to invest. Otherwise inflation will eat up everything you have over time.

Put it in gold, treasuries, real estate, REITs and index funds. Lock up a portion of your assets into a trust you can't touch until a certain age. Invest what's in that trust in index funds. There's alot of other low risk investments you can make too but, these are generally the easiest to get started in. It takes nothing to sign up for a Vanguard account for an index fund. Gold is money. No matter how much they inflate the currency, gold will rise in relative value. Real estate and REITs have risk but, as others have said in here, focus on rental properties for the cash flow. Treasuries won't make you rich but, they have no state or local taxes, it runs parallel with inflation and the only way you'll lose your money is if the U.S. government goes up in flames. These cats aren't taking the time to educate themselves on how to properly manage their finances. They chase things that are sexy but, doesn't make money, or things they have no knowledge in, or they let someone else have complete control over their finances.
 
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