TO suing Rosenhaus for $6.5 million
- Thread starter mozichrome
- Start date
Amare's Right Hook
Southeast World Champion
No comment
john goodman
All Star
Good rosenhaus is a scumbag
WheresWallace
Superstar
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.
Dumb nikkas.. what happen to that guaranteed money he had with the cowboys? i know 13 million dollars guaranteed in 2008
how u lose 13 million in 5 years
I don't feel sorry for dude or any athlete with that type of money at all.
how u lose 13 million in 5 years
I don't feel sorry for dude or any athlete with that type of money at all.
Malik
Superstar
Let people pressure you into financing their stupid business ventures, brehs
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.
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.
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 people from Alabama goes to Mississippi to gamble. so yeah maybe having the place in Bama would be convenient
and right now the people in Bama plays this electronic bingo game & it brings in a heck of a lot of money
WheresWallace
Superstar
Excuse my ignorance. But still, I would imagine that an Alabama casino might not be scalable. Wont it be limited to residents of Alabama and surrounding areas?
I guess I would have to have all the numbers in front of me to make a real assessment as to if something like that would be profitable.
Brown Ant
Hunter-Gatherer
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.
My finances are up to par. u need to worry about your on bank account