Tim Duncan loses 20m from friend/financial advisor

[The War Report]

nikkas get embezzled everyday b, he still got his post moves, he'll be aight

And I'm thinking you have your ski mask and gloves ready.

 

[*Hulks Up*]

Thread turned into a damn home ec class.

But keep dropping those investment gems tho.

 

[LV Koopa]

why do people need financial advisers anyways?

save your money and live off the interest?

is it that hard?

If you have multiple streams of income and not a lot of time to check on them you better have one

 

[Malta]

And I'm thinking you have your ski mask and gloves ready.

It ain't my money

 

[FaTaL]

If you have multiple streams of income and not a lot of time to check on them you better have one

if you dont have time to check you deserve to get got

 

[USSInsiders]

should have invested in wingstop


lemon pepper wings

I would ruin my investment because I'd be eating all the lemon peppah wangs mane

 

[Turk]

A CFP>>>>>>>>> A financial adviser

 

[MrFantastic]

Like what, only to a layman, Real Estate is the most secure investment on the planet, that's why it's called Real EState

real investors never lose if you understand the core principles

Donald Trump don't invest in stocks, he only does real estate

Only in Real Estate can you double in your initial INVESTMENT IN THE SAME DAY. real nikkazs do real estate, stocks is for the fakkits

and the criminals on Wall Street,

Ask Antione Walker if real estate is the most secure investment..

 

[Master Teacher]

whats the historical return on the s&p500 per year before you tell me whats not possible per year? lol and that's the easy way

and then picking undervalued stocks...a portfolio of 5-10 you can possibly come out even better per year.

Year to date isn't what you yield dumb ass

you are what I call a stock zombie, you read about stocks, might even buy books and read them, as well as watch shows like Mad Money

but don't invest your own money, you don't even have any money to invest more than like year

historical return what does that even mean

are you talking Year To Date Return, yeah that can be up pretty high, but THAT IS NOT WHAT YOU YEILD, on those index stocks you yield 1.9 percent, around that

S&P 500 is for people who don't know shyt about stocks, you're not building any wealth fukking with that shyt

and if I'm not mistaken SHOW ME PROOF, how much have you made of the S&P 500, take a screenshot

 

[Master Teacher]

Ask Antione Walker if real estate is the most secure investment..

Antoine Walker got ripped off anybody can

if your too stupid to understand real estate, there is no hope for you

if you have cash and want cheap properties, just go to the bank and ask

there's no way to lose money in real estate if you buy low

or develop your own property

 

[LV Koopa]

Banks fail now tho. I mean the government covers them with bail outs but if the overall debt is bigger than they could handle then shyt would collapse and your money would be gone. It wouldn't happen overnight or anything but it's a realistic possibility with the economy being in the state that it's in. Look at Greece bank situation, there money is almost worthless.

I never understood why athletes never buy tons and tons of gold, even if the interest they make on it is low that's guaranteed value and security.

Because you would be a fukking moron to do so. gold is not "guaranteed value". Greece's situation is complex but part of the reason they went to shyt was poor regulation - their banks were loaning out people's money on stupid derivatives and bad bets and getting robbed.

 

[LV Koopa]

if you dont have time to check you deserve to get got

True. He should have had auditing firms check his accounts and FA's paperwork multiple times a year.

Also real estate is not a "safe investment". That heavily depends on a lot of factors but just telling someone buy property = safe money doesn't even skim the surface of what you need to know. The reason we had a global recession in the first place was largely due to people believing that nonsense. The derivative market off of sub-prime mortgage loans is why big investment banks started to go under.

Antoine Walker got ripped off anybody can

if your too stupid to understand real estate, there is no hope for you

if you have cash and want cheap properties, just go to the bank and ask

there's no way to lose money in real estate if you buy low

or develop your own property

Case in point

 

[Family Man]

how much money has jim cramer made you

inflations affects your investment returns too

also you don't lose money by not investing, if I got 20 million what the fukk do I need to invest for

real estate is only investment necessary and yields the least amount of risk

Exactly. You invest to get to a certain level of income. If I can take a shortcut by knowing how to throw a ball in a hole and make $25M doing it WTF I'mma invest for?

 

[OC's finest]

its sad how many athletes and rappers get swindled by their close "Friends."

when will these dudes learn that its best to go to a respectable company or financial adviser. or shyt, jus get a god damn ameritrade account and put all your money in ETFs and index funds. shyt takes 10 min to learn.

hows the sayin go,

a fool is easily parted from his moneys...

sad, he seems like a good dude. gotta learn not to trust friends/fam with your money at that level tho.

 

[OC's finest]

Call him Uncle Warren and sitting on your boss' leg who called you out, wrote a letter shyt about you...who knows what....he's probably called him the N word behind his back.

many of the rich are prolly like dat, but i doubt warren one of em.

based on his actions and personality, hes prolly one of the good ones bruhs, let him be.