Life is crazy. Floyd flossing like a boss yet Pacquiao is the one thats bankcrupt. Aint life grand?
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Floyd gonna end up broke, dude LOVES gold diggers!
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Originally posted by QballLobo View PostEducation is just one side of it. There is nothing in Floyd's backround that would tell you he understands sound money management. In fact its the opposite. If its true that he doesn't have a financial advisor (I don't think that's ever been confirmed or denied) then based on his backround and past behavior he is more prone to make bad financial decisions.
Bill Gates is not an applicable comparison. Gates had the technical accumen to build a business from the ground up and made it beyond successful. Floyd doing what he does in the ring does not equate to anything business related or financial. In fact the people he has around him allowed him to be on the IRS speed dial despite making millions in the ring just recently.
To even bring up that comparison says a lot about your intellect, or lack thereof...Last edited by dmoney7141998; 09-08-2013, 03:02 PM.
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I agree with TS. This movie has been played too many times.
That said, you can't take your money to the grave with you. I've seen too many million and billionaire's die with millions and billions in the bank... Oh well, I guess someone else can spend "their" money
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Originally posted by BoxingFollower View PostYes and it's clear that's their job, position on the application should state "APPLYING FOR YES MEN POSITION "
Floyd could say that the sky was red and they would agree. So not only does he have a bunch of gold digger females, he has gold digger men as well.
From rock stars, pop stars to rap stars to the royal family
Floyd aint the first nor will he be the last to have hangers on, they will fizzle out as he gets older, new interest, less income, lifestyle changes etc...
Pacman himself not to long ago was having the similar issues with gambling, large entourages, groupies, trying to be a pinoy movie star, cocaine, until he ran into financial issues
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Remember Floyd only came back for JMM fight, so he could pay off his tax debt, so the IRS wouldn't throw him in prison. So he's obviously not smart with his money, or smart at all.
That being said, he should make enough money that even an idiot like him should be fine. The dude is making a lot of money, but it is possible in a couple of decades, that it's all gone.
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Originally posted by BoxingGenius27 View PostI agree with TS. This movie has been played too many times.
That said, you can't take your money to the grave with you. I've seen too many million and billionaire's die with millions and billions in the bank... Oh well, I guess someone else can spend "their" money
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Originally posted by FeFist View PostIt's about legacy though. Yes you can't take your money to the grave with you, but when you have children and a last name most people with ambition would want to turn it in something everlasting.
Ur kids gotta learn to stand on their own two, sometimes handing them millions upon millions can ruin their lives.
I read Bill Gates, Simon Cowel and others have pledged to leave 90% of their wealth to many different charities
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Originally posted by FrankieBruno View PostThere are a lot of millionaires who are not leaving much to their kids and giving most of it to charity
Ur kids gotta learn to stand on their own two, sometimes handing them millions upon millions can ruin their lives.
I read Bill Gates, Simon Cowel and others have pledged to leave 90% of their wealth to many different charities
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Originally posted by FeFist View PostIt's about legacy though. Yes you can't take your money to the grave with you, but when you have children and a last name most people with ambition would want to turn it in something everlasting.
I would set up an account to pay for an education and that's it; if I'm alive and you show to be worth and responsible, I'll give you more money.
But many kids that are born into money, just end up blowing it anyway. If you make them work for their money they'll appreciate it more as oppose to just giving it to them
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