Terrell Owens "I'm in hell" Almost broke after illustrious NFL Career

[SirClintonPortis]

Originally Posted by tryfuhl

I just don't get this let other people invest you money shit... I only would trust someone who has made more money than me... otherwise it is better to make NOTHING extra.. just keep the money owed to you... not like you HAVE to add to 80m..

Not quite. Guys who are wealthier than you could have no clue how to invest because they make all the money through higher wages and have no experience in how to invest. Things like buying the right amount of T-Bills, Treasury Notes, stocks, mutual funds are not well known among most people, even some wealthy folks. The concept of return on investment is not intuitive to everyone. If you want someone else to do in, you need guys who "know the machinations" of the sector they're investing in.

In some ways, investing is like building a fantasy football team, except money is being spent instead of draft picks and your return is more money instead of points.


I'd trust our fellow Warpather Schneed over some folks wealthier than he is.