DarthRozay
New member
feds watchin
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MasterJayN100;c-9825912 said:
5 Grand;c-9825430 said:His first mistake was telling his crew how much money he has.
His second mistake was videotaping it and putting it online.
He should have went straight to the bank and deposited all of it, then wired $4.9 million into a TDAmeritrade account and if he doesn't know anything about the stock market he could have just invested in a S&P 500 index fund. If his portfolio yields 5% thats $245,000 per year.
If he did that he'd still have $100k left over to blow on coke, weed, hoes, mortgage, car, etc. And his portfolio would yield over $20,000 per month.
5 Grand;c-9825430 said:His first mistake was telling his crew how much money he has.
His second mistake was videotaping it and putting it online.
He should have went straight to the bank and deposited all of it, then wired $4.9 million into a TDAmeritrade account and if he doesn't know anything about the stock market he could have just invested in a S&P 500 index fund. If his portfolio yields 5% thats $245,000 per year.
If he did that he'd still have $100k left over to blow on coke, weed, hoes, mortgage, car, etc. And his portfolio would yield over $20,000 per month.
MasterJayN100;c-9825912 said:
5 Grand;c-9825430 said:His first mistake was telling his crew how much money he has.
His second mistake was videotaping it and putting it online.
He should have went straight to the bank and deposited all of it, then wired $4.9 million into a TDAmeritrade account and if he doesn't know anything about the stock market he could have just invested in a S&P 500 index fund. If his portfolio yields 5% thats $245,000 per year.
If he did that he'd still have $100k left over to blow on coke, weed, hoes, mortgage, car, etc. And his portfolio would yield over $20,000 per month.
5 Grand;c-9826272 said:5 Grand;c-9825430 said:His first mistake was telling his crew how much money he has.
His second mistake was videotaping it and putting it online.
He should have went straight to the bank and deposited all of it, then wired $4.9 million into a TDAmeritrade account and if he doesn't know anything about the stock market he could have just invested in a S&P 500 index fund. If his portfolio yields 5% thats $245,000 per year.
If he did that he'd still have $100k left over to blow on coke, weed, hoes, mortgage, car, etc. And his portfolio would yield over $20,000 per month.
One last thing. After he invests the money he should put it in escrow. Escrow means your money is invested but you can't touch it. You can't change your mind and demand your money back if its in escrow. The reason escrow exists is because when people accumulate a lot of money they don't want to blow it on nonsense, or get swindled by a fast talking stockbroker.
I wonder how many rappers manage their own money vs how many rappers have financial advisors that rob them blind.