/biz/ - Business & Finance

My motto in life is to think "what would a nigger do?", then always do the opposite

>>56447444
>>56447455

>>56447444
>>56447455
>>56447466
Nice. Very impressive.

>>56447444
>>56447455
>>56447466

8% into my 401k is all I do for retirement atm. I invest the rest in taxable accounts because I'm still paying student loans.

Don't these nigs have agents who take care of investments for them? Aka middleman Jewish parasites

>>56447444
>>56447455
>>56447466
impressive. Very nice.

>>56447444
>How much are you putting away?

>>56447664
Yeah if they have good ones. Shaqs agent is making shaq a fucking killing

>>56447664
Yeah but they don't listen to them

>>56447760
Shaq is a freemason.

>>56447455
Yeah but think about all the "swag" you are missing out on. You could be a "baller."

>Apparently, considering his many endorsement deals, Gronkowski has gotten by without actually using his NFL money. Rób Gronkowski made $70 million in salary in NFL career. He says he's never touched that money, living off the money he makes on endorsements.
What makes NFL and NBA players different?

>>56447817
Gronk grew up in an upper middle class family. Even amongst whites he's different

>>56447466
>>56447455
>>56447444

Everyone here has watched ESPNs 30 for 30 episode "Broke" right?
Must watch, explains it all in good detail straight from the mouths of athletes who did go broke.

>>56447902
the "athletes" all looked pretty similar

>>56447902
qrd?

>>56447444
Gotta put some into Zurich like Higgins here, only good financial advice
https://youtu.be/y9XgvkkVmhM?si=0hu2epbNdGoZcRO3

ill die soon

>>56448191
>they don't realise they have to pay taxes in every state they play, IRS always ass-rapes them hard in the end
>family come out the woodwork constantly needing money
>don't realise they don't get paid in the off-season. Don't budget for it
>teams let grifters into the locker rooms to sell clothing/suit packages costing over 40k sometimes. Real predatory shit.
>their egos see them compete with each other over status. Piss money away on diamonds, cars, at the clubs. 10s of thousands a night.
>baby mommas rape them for child payments. Woman actively hunt athletes in clubs. Like an entire industry around alerting to woman when a high profile player is out and about
>terrible investment decisions. everyone wants to own a music label
>injury fucks them when they are way over their heads in debt
>head injury and legal drug abuse while listed to keep them playing. When retired or release they turn to illegal drugs to treat their injuries/head problems
>most these rich athletes come form extreme poverty and have zero financial help/experience

It goes on and on. I imagine its hard to understand unless you're in the environment.
It's like the early days when crypto was regularly doing 100x moves and having those gains was just normal. Its not until its over and 20/20 hindsight kicks in you realise what happened.

>>56447444
>>56447455
>>56447466
based

>>56447455
this

>>56447444
The $8000 I invest every month includes maxing out my 401k. And my job gives 8% of my annual income as company stock for retirement. That's like $12-14k per year.

>>56448332
Thank you for the long and detailed explanation anon
>they don't realise they have to pay taxes in every state they play, IRS always ass-rapes them hard in the end
>teams let grifters into the locker rooms to sell clothing/suit packages costing over 40k sometimes. Real predatory shit.
these are the worst

>>56447664
Kek where do you think most of the money goes?

>>56447466

>>56447444
Iverson gets a million a year for the rest of his life from Reebok. He's fine because his agent told him to take that instead of more up front(he would've blown it all)

>>56447444
Iverson is fine. When he signed his adidas deal back in the 90’s they set him up with a trust for 30 mil he couldn’t touch till he’s 50. Yeah he blew thru all his money but I think he’s got like 1 mil coming in a year right now… and that’s before the trust he gets in a few years

>>56447455
>>56447466
>>56447444
Put me in the screencap
Total nigger death
Kill niggers
Behead niggers
Roundhouse kick a nigger into the concrete
Crucify filthy blacks
Defecate into a nigger's food
Fry niggers ina wok

>>56447760
it really depends on the nig in question. if white people actually like them the kike will make sure the nig doesnt do anything stupid. white people like shaq. nobobdy gives a fuck about the 9th best player on the fucking piston's roster.

>>56448332
>>they don't realise they have to pay taxes in every state they play, IRS always ass-rapes them hard in the end
beside this, most of those are just from being stupid niggers. like how the fuck do you not know that you dont get paid off-season... when you dont work. its almost like... that would be in the contract that you signed or something.

>>56447444
well i get after taxes 2.5k/week or so, and i am dumping 2k a week into ETFs. i own my house mortgage free so my bills are low, i could invest more if i wanted to.

>>56448938
>>56449048
Iverson also has a deal with marijuana cultivation company Viola. His Iverson 01 and Iverson 96 strains have sold really well in multiple markets. His Iverson 01 is a mix of Durban poison and Runtz it’s got a good gassy and fruity flavor with high THC content

>>56449678
You’d think they’d have a decent accountant who warns them they have to pay taxes in all those states.

>>56450160
I'm scared of getting an accountant (or even worse, a wealth manager) because finance is PVP and I know they're out to get me.

>>56449074
>concrete
wet concrete

Stroking my shit rn, ama

>>56447444
I cannot fathom losing even 10k "accidently"
How do you lose 200 TWO FUCKING HUNDRED FUCKING MILLION DOLLARS!?!?!? Holy shit man.
At that point you need to delete yourself out of embarrassment to the human race, I don't care if you're a stupid nigger, not even niggers should be able to lose this much money.