Clinton Portis, great human being, contemplated murder after NFL Career

Yes it is. It's very hard for me to understand. If you can understand it then you might be the idiot.

Only an idiot couldn't understand.:joecool:


https://addicted2success.com/success-advice/the-top-10-millionaires-billionaires-who-lost-it-all/


70% of Rich Families Lose Their Wealth by the Second Generation | Money (http://time.com/money/3925308/rich-families-lose-wealth/)

Are you trying to tell me 70% of Earth's population aren't idiots? Because I sure as hell ain't buying that one.

Many feel the need to help the people that help them achieve their goals,it's not hard to understand.Most professional athletes have a agent, manager,accountant,wife,kids,mother or grandmother or father they are taking care of and $100,000 grand won't cut it.Not hard to understand at all.

How much money are you giving these people every year? I also find it hard to understand. The 100k is just interest, doesn't even account for all the money you actually have plus future earnings that you can use for anything mentioned above without investing millions in something you have no clue about.

How much money are you giving these people every year? I also find it hard to understand. The 100k is just interest, doesn't even account for all the money you actually have plus future earnings that you can use for anything mentioned above without investing millions in something you have no clue about.

You're the one that threw out the $100,000 in post #38.

Are you trying to tell me 70% of Earth's population aren't idiots? Because I sure as hell ain't buying that one.


Not what it says ,so keep up.


All anyone is saying is that it's easier than you think to lose your money and even very smart educated people have lost it all. These people lost lots of money and all thought they were doing the right thing.


Madoff's Victim List - The Wall Street Journal (http://s.wsj.net/public/resources/documents/st_madoff_victims_20081215.html)



The people that had their money here are so thought they had done the right thing......
https://en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers

Not what it says ,so keep up.


All anyone is saying is that it's easier than you think to lose your money and even very smart educated people have lost it all. These people lost lots of money and all thought they were doing the right thing.


Madoff's Victim List - The Wall Street Journal (http://s.wsj.net/public/resources/documents/st_madoff_victims_20081215.html)



The people that had their money here are so thought they had done the right thing......
https://en.wikipedia.org/wiki/Bankruptcy_of_Lehman_Brothers

OK well you're naming two things that are EXTREMELY different than what happened to Portis.

Lehman Brothers exposed itself so greatly to the mortgage crisis that it sunk the entire ship, and that turned out to be reflective of disingenuous practices fostered by ignorance of the problem at the Treasury department under Bush. So yeah lots of smart people lost money on that deal because the oversight was lacking.

Portis flat out gave his money to a con man, like Madoff. But the guy Portis gave his money to couldn't boast credentials like former chairman of the NASDAQ, like Madoff could. If you can't tell the difference from the jump then I'd suggest you shouldn't be making your own financial decisions. You should be putting it into passively managed funds, or entrusting it to a licensed broker with instructions that preservation of capital is priority one.

There's losing your money, and then there's doing what Portis did. Your comparisons are not even close to apples & oranges.

OK well you're naming two things that are EXTREMELY different than what happened to Portis.

Lehman Brothers exposed itself so greatly to the mortgage crisis that it sunk the entire ship, and that turned out to be reflective of disingenuous practices fostered by ignorance of the problem at the Treasury department under Bush. So yeah lots of smart people lost money on that deal because the oversight was lacking.

Portis flat out gave his money to a con man, like Madoff. But the guy Portis gave his money to couldn't boast credentials like former chairman of the NASDAQ, like Madoff could. If you can't tell the difference from the jump then I'd suggest you shouldn't be making your own financial decisions. You should be putting it into passively managed funds, or entrusting it to a licensed broker with instructions that preservation of capital is priority one.

There's losing your money, and then there's doing what Portis did. Your comparisons are not even close to apples & oranges.

To be fair Portis' money managers were both certified/qualified by the NFLPA. It raises an interesting point about the NFLPA's vetting process though.

OK well you're naming two things that are EXTREMELY different than what happened to Portis.

There's losing your money, and then there's doing what Portis did. Your comparisons are not even close to apples & oranges.

Maybe but the point is the same.People ,smart educated people lose money as well as others do.Yes maybe in different ways .Portis trusted someone else with his money just as these people did.

Maybe but the point is the same.People ,smart educated people lose money as well as others do.Yes maybe in different ways .Portis trusted someone else with his money just as these people did.

All of it. As in he had millions to his name, and he trusted one guy with all of it.

Putting all your eggs in one basket is definitely something you're taught not to do in high school.

All of it. As in he had millions to his name, and he trusted one guy with all of it.

Putting all your eggs in one basket is definitely something you're taught not to do in high school.


Because it was that one man's job.My point has been made.