- Joined
- Oct 2, 2017
- Messages
- 8,620
8 mm ain’t ****?? Lol… ok.
Who knew the nfl was the only way to make a living… especially when you’re sitting on millions to invest from the couch and watch grow…
Sleep on it all you want. The more and more young nfl players that die, coupled with ol faithful CTE…. It sure seems like a logical path to step away from football and invest/watch that money grow.
$8M after taxes is ~$5M. Plus you know he's going to spend at least $500k of that on BS. So that's $4.5M already. Invested at a 7.5% return yields $337,500 a year, which after taxes is, let's just call it ~$200k for a nice rounds number. How much do you think $200k a year is worth with inflation in 10-15 years, let alone 60-80 years from now? And this is all assuming nothing goes wrong. That a poor investment isn't made along the course of his life, that he doesn't use any of the principal, ever.
$8M isn't what is used to be.
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