Will the poor economy force Money May out of retirement?

[FloydsEra]

The weak-ass stock market be puttin the hurt on most folks' finances, Floyd's investments are impacted as well, no doubt. His ass'll be broke as Evander f*** Holyfield. In addition, we hear thru the g****vine Floyd just misplaced 7 million dollars worth of bling. That's gotta sting.

Come back, money. We'll support yo broke ass.

[J_CON]

his still has loads of money. If he comes back, it probably wont be that he's in debt

[No1]

is this a joke post??
people with floyds money arn't affected by a credit crunch, if anything with the cost of housing and land going down he could get some real bargins in the real estate buissness and make a fortune when the housing market eventually picks up from the current slump.

[FloydsEra]

is this a joke post??
people with floyds money arn't affected by a credit crunch, if anything with the cost of housing and land going down he could get some real bargins in the real estate buissness and make a fortune when the housing market eventually picks up from the current slump.

you've enlightened me. I know **** about economics and real estate n that ****

[TheGR8TESTOAT]

you've enlightened me. I know **** about economics and real estate n that ****

well actually its how you view it. for example most banks are FIDC insured meaning they ONLY insure you up to 100,000. so if you have over 100,000 in one particular bank that goes down. then you might be seriously F'd.

the smartest thing to do with floyd level of money is to spread out 100,000 in money market accounts or CD's throughout several banks.

[Verstyle]

is this a joke post??
people with floyds money arn't affected by a credit crunch, if anything with the cost of housing and land going down he could get some real bargins in the real estate buissness and make a fortune when the housing market eventually picks up from the current slump.

Co-sign. I see some huge investments as houses and other things go down. I'd buy up like Monopoly. Then wait till the economy rises and be laughing my ass off.

[Verstyle]

well actually its how you view it. for example most banks are FIDC insured meaning they ONLY insure you up to 100,000. so if you have over 100,000 in one particular bank that goes down. then you might be seriously F'd.

the smartest thing to do with floyd level of money is to spread out 100,000 in money market accounts or CD's throughout several banks.

I heard a week or so ago they upped all banks to 250k for insurance.

[MoneyMay]

No i'll survive, thanks.

[TheGR8TESTOAT]

I heard a week or so ago they upped all banks to 250k for insurance.

even better if thats true bro

can u hit me with a source. id love to read that. thanks

[el98464]

Money May has big money but that is a good question though. I know some of that money is in stocks and stuff like that but still people like him don't even notice that type of stuff. It's like what's the difference between 70 million and 50 mil?