Credit Card n the scammers got Boosie for 469k

[T. Sanford]

Boosie gotta do better than this. You can't be rich but lack financial literacy. I'm not rich & even I know you can't put all of that in one account

 

[AggieLean.]

Shieeett, that money gone. Atleast a good chunk of it is.

 

[5 Grand]

There's more to this story he's not saying or missing. If it's a bank account Boosie will be get back 250k in insurance from the FDIC but he has to prove it was fraud. I am 150% sure it's most likely shady accountants. The bank only holds the money there's not much they can do in his case.

And if he's as rich as he says he is then he needs to get a private banker.

Emphatic Nosign!

If he's as rich as he says he is he needs to do some research and order some DVDs that explain how to manage your own money.

The absolute stupidest thing he could do is hire somebody to manage his money, he'd be better off throwing it out the window.

 

[mrrealone]

I'm not sure exactly why this happened, but I think cd's can help. W/ cd's you have to actually go into the bank to get that $$ out. And swiping that card for nearly every purchase is something I don't do also. I hope dude get his $$ back or something, but I don't know how he is gonna go about doing it....

 

[StillFaggyAF]

One swipe it'll change your life

 

[NothingButTheTruth]

There's more to this story he's not saying or missing. If it's a bank account Boosie will be get back 250k in insurance from the FDIC but he has to prove it was fraud. I am 150% sure it's most likely shady accountants. The bank only holds the money there's not much they can do in his case.

And if he's as rich as he says he is then he needs to get a private banker.

Emphatic Nosign!

If he's as rich as he says he is he needs to do some research and order some DVDs that explain how to manage your own money.

The absolute stupidest thing he could do is hire somebody to manage his money, he'd be better off throwing it out the window.

Word, it's still a foreign concept to me as to why people don't make it a top priority to learn how to manage their own money. Why would you work your ass off for countless years only to trust your earnings to an outsider? That shit is risky as hell.

How many times have we heard of shady accountants and "financial advisors" cheating people out of money? Especially black people. I don't fuck with his persona, but I remember hearing Steve Harvey got clapped by an accountant a few years back and was homeless as a result (and he's still paying his "debts" off till this day).

Learning how to manage your money is a must, especially for black people, where it seems like everyone is out to take our modern day "wealth" from us.

 

[smp4life]

Boosie been dumb.

 

[Turfaholic]

Nike shoebox and a green dot card >>>>>>> a bank

 

[Trill Gate$]

I read this in his rapping voice

 

[Thereal_ba]

Nike shoebox and a green dot card >>>>>>> a bank

Until your house gets broken into or your house burns down

 

[bless the child]

Too bad, he should used that money on grammer lessons or, on a translator lol

 

[Idiopathic Joker]

Look at the IC trying to be bankers. Thats cute.

There's ways you can insure more than 250k. Ask Game how safe his account is. Remember that Flint water crisis? That nigga donated money and showed us all he had 13 million + in his account. Then again, it wasn't capital one.

 

[SneakDZA]

Look at the IC trying to be bankers. Thats cute.

There's ways you can insure more than 250k. Ask Game how safe his account is. Remember that Flint water crisis? That nigga donated money and showed us all he had 13 million + in his account. Then again, it wasn't capital one.

First... is this the same Game that photoshopped himself into a picture with Pac?

Also, the FDIC insures up to 250k. Maybe if you have more you can buy private insurance that covers cash in a bank but the point is just having that much money languishing in a regular old bank account losing value is just plain silly unless you got it like that and it's just your playing around money and your real stash is invested and managed by a professional.

 

[aladdin1978]

So why the fuck he telling the world?

Who cares.

 

[T. Sanford]

I wonder did he have any ones in that $469,000

 

[aladdin1978]

Look at the IC trying to be bankers. Thats cute.

There's ways you can insure more than 250k. Ask Game how safe his account is. Remember that Flint water crisis? That nigga donated money and showed us all he had 13 million + in his account. Then again, it wasn't capital one.

Which was the dumbest thing ever, even by his standards.

 

[spit_fiya]

Lol at having that much money in the bank. The return is terrible, and they stop insuring your money after a certain amount. Another case of financial illiteracy.

So if you have more than $250,000 are your only options stocks and bonds and mutual funds?

 

[HerbalVaporCapers]

I wonder did he have any ones in that $469,000

If you find a $50 in my account I'm pussy!

 

[A$AP_A$TON]

Damn, niggas is blaming him for having too much money in the bank. Smh

 

[NothingButTheTruth]

Lol at having that much money in the bank. The return is terrible, and they stop insuring your money after a certain amount. Another case of financial illiteracy.

So if you have more than $250,000 are your only options stocks and bonds and mutual funds?

When you start making a surplus amount of revenue, you should immediately start looking at investing in stocks/corporations to invest in, real estate, entrepreneurship etc. to combat inflation and expand your wealth.

But with the $250K limit, just open up another bank account.