Jump to content

Even Adrian Peterson would like to play for the Bills


Greg S

Recommended Posts

1 hour ago, aristocrat said:

Poor guy blew 100 million bucks. Tough

I’ve never understood how some of these guys just blow through that kind of money so quickly, I mean, how hard is it to hide five million in a trust for a rainy day????

  • Like (+1) 1
Link to comment
Share on other sites

1 minute ago, Don Otreply said:

I’ve never understood how some of these guys just blow through that kind of money so quickly, I mean, how hard is it to hide five million in a trust for a rainy day????

He had to take out loans to pay off other loans for businesses that failed. It’s hard to say no to friends who come to you to start businesses. 

  • Like (+1) 1
Link to comment
Share on other sites

Just now, aristocrat said:

He had to take out loans to pay off other loans for businesses that failed. It’s hard to say no to friends who come to you to start businesses. 

   Not for me it’s not, No! Is a word I would happily use under said circumstance, it strikes me that he is a financial moron, never ever loan large money to friends, especially if you want to keep them as friends, that and friends shouldn’t be asking. 
 

   When you are that rich, there is very little to gain by getting a little more rich, I mean, with say a hundred thousand or so annually you can live well, travel, eat really good food, etc etc, why piss it all away on stupid ventures???  I guess humans will never stop doing stupid stuff…, 

  • Like (+1) 1
Link to comment
Share on other sites

23 minutes ago, Don Otreply said:

I’ve never understood how some of these guys just blow through that kind of money so quickly, I mean, how hard is it to hide five million in a trust for a rainy day????

 

Well, when you buy everything on credit and have crazy outgoing cash flow, and suddenly something happens, like you get cut and start making way less and you can't make cash flow...that's a rainy day. 

 

Some of the stuff on its own isn't something that loses a ton of value either, like super nice cars, houses, gold jewelry, except it's super customized...so they go to try and liquidate and realize they can't sell it, because nobody wants a $300k car with your initials on it, or some custom paint job...so again, rainy day. 

Link to comment
Share on other sites

1 minute ago, HardyBoy said:

 

Well, when you buy everything on credit and have crazy outgoing cash flow, and suddenly something happens, like you get cut and start making way less and you can't make cash flow...that's a rainy day. 

 

Some of the stuff on its own isn't something that loses a ton of value either, like super nice cars, houses, gold jewelry, except it's super customized...so they go to try and liquidate and realize they can't sell it, because nobody wants a $300k car with your initials on it, or some custom paint job...so again, rainy day. 

 

Or you can find yourself in a situation like Mike Tyson and have Don King rob you blind of everything you have.

  • Like (+1) 1
Link to comment
Share on other sites

38 minutes ago, KDIGGZ said:

This is a tragic story. Generational talent coming out of college. Hopefully he gets a financial advisor so he doesn't have to keep getting punched in the face for a living 

 

The tragic part is his ability to procreate.  He beat his kid bloody.  A true POS.

 

I won't tip him at the Delta Sonic.

  • Agree 2
Link to comment
Share on other sites

This topic is OLD. A NEW topic should be started unless there is a very specific reason to revive this one.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
×
×
  • Create New...