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#1
Old 01-12-2009, 12:14 PM
THE REED™
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Default Someone explain to Horus, a boat is not an investment.

Quote:
Originally Posted by Horus View Post
Reed, first thanks for pointing out my spelling errors...Corrected.

But Honestly, Do you really think Mayweather is going broke?

He Co-promote's With Gary Shaw and Al Haymen with All of their fighters.
He Promotes Most of the R&B and Hip Hop concerts.
(Trey Songz,Lil Wayne,Mary J Blidge, 50 cent,etc)
He still has his endorments with Nike(jordan) and Rockstar.

The guy is second only to Oscar in terms of making money in boxing.

Everything he buys is considered a investment.

House
Jewelery
Boats
Stocks
Etc.

The guy made more money in 2008 than any boxer. and he didnt even box in 2008...So what does that tell you?
Quote:
Originally Posted by reedickyaluss View Post
House - in his location is NOT an investment in this recession. Vegas homes are being dropped considerably just to sell.

Jewlery -7 MILL Stolen - Which you do NOT get 100% back with insurance.

Boats - LOL you realize boats depreciate as fast as cars right?

Stocks - LOL Have you BEEN WATCHING TV AT ALL?

etc - does this include throwing money a thousand different times into crowds?
You heard it here, first.
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#2
Old 01-12-2009, 12:16 PM
larryx
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Default

id say it is..cause if push comes to shove you can always resell it..if you paid 100,000 and only get 60,000 back for it..its still better than ****in off the money
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#3
Old 01-12-2009, 12:17 PM
THE REED™
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Default

Quote:
Originally Posted by larryx View Post
id say it is..cause if push comes to shove you can always resell it..if you paid 100,000 and only get 60,000 back for it..its still better than ****in off the money
Obviously you are unaware of the definition of an investment.
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#4
Old 01-12-2009, 12:17 PM
Ryn0
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Default

A House, Jewelry and a Boat is not an investment. Stocks may be an investment IF he does it wisely because some stocks are actually rising in value.

His throwing thousands of dollars into a crowd IS NOT an investment.
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#5
Old 01-12-2009, 12:18 PM
larryx
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Default

Quote:
Originally Posted by reedickyaluss View Post
Obviously you are unaware of the definition of an investment.
i know what an investment is..just saying he couldve done worse
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#6
Old 01-12-2009, 12:18 PM
hammerhiem
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Default

Actually Boats probably depreciate less than cars.

resale with the monica "once owned by Floyd Mayweather Jnr" would probably make at least the money back.
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#7
Old 01-12-2009, 12:18 PM
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Default

I'd love a boat.

One of these.



Top speed of 5 mph: that's living my friend.
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#8
Old 01-12-2009, 12:18 PM
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Default

Quote:
Originally Posted by Ryn0 View Post
A House, Jewelry and a Boat is not an investment. Stocks may be an investment IF he does it wisely because some stocks are actually rising in value.

His throwing thousands of dollars into a crowd IS NOT an investment.
The obsession with Mayweather's personally life on this forum is completely out of ****ing control.
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#9
Old 01-12-2009, 12:18 PM
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Default

Quote:
Originally Posted by larryx View Post
id say it is..cause if push comes to shove you can always resell it..if you paid 100,000 and only get 60,000 back for it..its still better than ****in off the money
By definition, an investment is a purcse that appreciates in value after purchasing. So.. no.
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#10
Old 01-12-2009, 12:18 PM
THE REED™
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Default

well you just said it was an investment.

If you buy something that depreciates, its not an investment.
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