Words of wisdom: there's only one thing money can't buy...

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Joined: 26 Dec 2010
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07 Apr 2011, 4:29 pm

...Sanity.

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Check out my IMDB page!

flaude
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07 Apr 2011, 8:39 pm

poverty.

skafather84
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07 Apr 2011, 11:58 pm

Money can buy anything if you've got enough of it.

_________________
Wherever they burn books they will also, in the end, burn human beings. ~Heinrich Heine, Almansor, 1823

?I wouldn't recommend sex, drugs or insanity for everyone, but they've always worked for me.? - Hunter S. Thompson

Jacoby
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08 Apr 2011, 1:23 am

flaude wrote:

poverty.

If you spend enough you can

cdfox7
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08 Apr 2011, 1:32 am

In the words of Lennon and McCartney, money can't buy me love.

number5
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08 Apr 2011, 8:56 am

Jacoby wrote:

flaude wrote:

poverty.

If you spend enough you can

Reminds of the NFL... (from http://phillysportsdaily.com/eagles/201 ... -prepared/)

Riches to rags

The poor decision-making and mismanagement only begin on the collegiate level.

The statistic is downright alarming: By the time they are out of the game for two years, 78 percent of NFL players are bankrupt or financially distressed.

Many fall victim to the same type of sharks who feasted on them in college. There are countless stories of money being funneled out of a player’s account without his consent, and scams that have players invest in a business that does not even exist.

“People see them as uneducated targets and they take advantage,” said Daniel Sillman, founder of Compass Management Group, which safeguards athletes through a comprehensive service ranging from financial management to marketing. Both Graham – a college friend of Sillman’s – and Jackson are under Compass’ stewardship.

Sillman explains that players are led to believe that having a financial advisor is protection enough, when in reality all that does is guarantee that your money will be played in the market. Compass’ goal is to provide a business management platform that covers tax-planning, estate-planning, trust work and education funds, for starters. Essentially, all the benefits usually allotted to the wealthy, which are inexplicably all but absent in the juggernaut NFL world.

“I will ask a client, ‘Alright, how old do you want to live to be?’ ” said Sillman. “And they will just about always say, ‘100’. I will say, ‘Alright, we have to assume that this is the only contract you will ever get. You’re 25. Let’s spread the wealth out over 75 years. All of a sudden, they say, ‘Wow. I don’t have much money.’ ”

Most don’t get that message, or simply don’t want to hear it.

The rookie starting salary in 2009 was $310,000 (not sure what it is now) and the avg player makes around $800,000. Amazing, simply amazing.

skafather84
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08 Apr 2011, 9:19 am

cdfox7 wrote:

In the words of Lennon and McCartney, money can't buy me love.

Both would disagree with that. Lennon would have never met Yoko Ono without his money. McCartney wouldn't have met his loves without it.

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