TO suing Rosenhaus for $6.5 million

[Easy-E]

Dont understand how cats who make money doing one thing,venture out and try to increase their paper by taking crazy risks.

Eyes being bigger than they're checkbook.

A lot of these guys stay in debt to banks, agents, boosters, etc. And they want to finance fancy lifestyles for others.

While trying to maintain a pro career, they may not have the time to thoroughly investigate these types of things, so they trust their agents, lawyers, etc.

Dude was set for life just off the interest

With $10 million in the bank, you could live off the interest income. You would want to be careful to not touch the $10 million, only use the interest. If you start taping into the $10 million it will melt away pretty quickly.

Here are some annual incomes based on the rate of return:

2% (savings account): $200,000/year
5% (money market account or CD's): $500,000/year
8% (conservative bonds): $800,000/year,
12% (aggressive mutual funds long term average): $1.2 million

So you could easily invest into a mix of CD's, money market, low risk bonds, etc and have over a half million dollar per year income. If you took this strategy and lived conservatively for a few years, you could buy a house worth several million. $100k per year for new luxury cars wouldn't even dent your annual income.

You're making it out to be way more simple than what it ready is.

 

[dora_da_destroyer]

Dont understand how cats who make money doing one thing,venture out and try to increase their paper by taking crazy risks.

You have to take risks to see returns, the rich don't get richer by not diversifying. Bad investments aren't the only thing that made homie broke, unless he was investing a high proportion of his income on unstable bets.

I hope T.O. wins but what dumb ass athletes decided to invest in a casino in Alabama? Ala-fukkin-bama?

Aint nobody traveling to Alabama to gamble, you dumb-asses

If you invested in that shyt, you kinda deserve to loose ya money.

A lot of states have casinos, they're not meant to be Vegas attractions but they're there for the folks in the area/state. People don't only gamble when they go to Vegas, local casinos are big money

Dude clearly didn't read the contact, no way you should put up money for something that gets declined and you don't get you money back. Secondly, if like another poster said, if gambling is illegal in Alabama why wouldnt you wait until gambling is approved to invest in this.

 

[nalej]

all these dumbass athletes should just put their money in bonds or mutual funds

 

[Danie84]

Why would anyone invest in an Alabama casino

 

[Field Marshall Bradley]

All this and I'm willing to bet your finances aren't up to par.

It's always the cats making 30k a year talking about someone else's money.......

 

[Carlos Huerta]

All this and I'm willing to bet your finances aren't up to par.

these are the type of ignorant peanut butter and jelly responses I often see in here.. someone actually writes a logical post and you come in here on some baseless, personal shyt

 

[AITheAnswerAI]

It's always the cats making 30k a year talking about someone else's money.......

And you know they're living check to check too

 

[mozichrome]

Why would anyone invest in an Alabama casino

because gambling could be big here because people goes to mississippi to gamble, because people play the electronic bingo & it makes a lot of money

 

[Spaceman Piff]

because gambling could be big here because people goes to mississippi to gamble, because people play the electronic bingo & it makes a lot of money

i see you, jeff rubin

 

[Field Marshall Bradley]

these are the type of ignorant peanut butter and jelly responses I often see in here.. someone actually writes a logical post and you come in here on some baseless, personal shyt

But attacking someone's intelligence because of their financial situation when not being privy to all of the details isn't?

 

[PortCityProphet]

A quick google search would have saved him and 31 other people a lot of money. I have 0 pity. A fool and his funds are soon departed.

 

[Carlos Huerta]

But attacking someone's intelligence because of their financial situation when not being privy to all of the details isn't?

oh we're privy, breh.

 

[john goodman]

I wonder what % drew got for funnelling his clients $ to his shady friends

 

[keond]

Black entertainer trust jews with his money
Jews cheat them out of their cash
Black entertainer realizes he is broke after career is over
Black entertainer sues the Jews
Jews money is longer from raping the black entertainer, so they win the case

Wash rinse and repeat ......since the early 1900s

 

[Field Marshall Bradley]

oh we're privy, breh.

Then inform us of the details then