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Even Adrian Peterson would like to play for the Bills


Greg S

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11 minutes 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. 

   He like many folk spend their way out of their wealth, you stay rich by hoarding your money/wealth, not by giving your wealth to retailers, or  loans to “friends”,   spend wisely, not to try to impress others. 

 
 Rampant consumerism is the down fall of many folk. He is just another example. 

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14 minutes ago, Don Otreply said:

   He like many folk spend their way out of their wealth, you stay rich by hoarding your money/wealth, not by giving your wealth to retailers, or  loans to “friends”,   spend wisely, not to try to impress others. 

 
 Rampant consumerism is the down fall of many folk. He is just another example. 

 

trying to invest and build business is hardly rampant consumerism.  

 

some star athletes like sports cars, etc.  they are not necessarily buying to "impress."  

 

A good financial advisor is key so you don't need to hoard your wealth, nor do you spend it all recklessly.  it's a fine line I think.  

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1 hour 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????

 

Short-sightedness. They think their money is infinite. 

 

It's not about friends asking for hand-outs or investments, it's about feeling like you can afford to hand that money out. 

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13 minutes ago, RyanC883 said:

 

trying to invest and build business is hardly rampant consumerism.  

 

some star athletes like sports cars, etc.  they are not necessarily buying to "impress."  

 

A good financial advisor is key so you don't need to hoard your wealth, nor do you spend it all recklessly.  it's a fine line I think.  

The line is not particularly fine, and yes, hoarding/ setting aside a large amount of his wealth that is not to be put into high volatility financial situations is just basic common sense. He in effect wasted his money on ill conceived projects/expenditures, that’s why he is in the position he is in. Remember, He was already rich…, he did not need to do anything other that invest some of his wealth in conservative investment and collect the dividends, again he was already generationally rich…, he is a poster child for doing it wrong. 

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1 hour ago, Bandito said:

I don't condone "beating" anyone, but spanking and other forms of discipline are effective. And Peterson is not needed on our team

Just for clarity, Peterson beat his four-year-old son with a tree branch, which resulted in cuts and bruises to his back, butt, legs and *****. After the child's mother picked him up, and found the injuries, she turned Peterson into the police. When the police first interviewed him, he was calm, and cooperative, believing he had done nothing wrong. He was later indicted on a felony charge for reckless or negligent injury to a child, more commonly referred to as "child abuse."

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