Originally posted by PBP
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Comments Thread For: Pernell Whitaker Evicting Mother From House He Owns
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Originally posted by AlexaAriza View Postthen why didnt he do that, I mean he had 40 years to do it? instead he rather punish his mother for his own issues he has with the setup HE SETUP! lol.
but im done here spent more time then I ever intended on this sorry subject., theirs no right or wrong answer just waht we each deem is socially acceptable behavior to treat our mothers. You guys think its okay I dont basically bottom line.
Peace see you fools in some boxing thread.
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It's a sad story...
Hate to see one of my favorite fighters in a situation like this
But let's be real,, pernell made in his career a cool 15 million roughly, maybe more since he got paid big for Chavez, oscar, and Tito
If he had invested his money thru the 80s and 90s into a dividend stocks or funds, say 3 or 4 million, he would be getting 250k or more in dividends a year and probably much more now that it's 20 years later and everything should have appreciate
Pernell should be raking in 6 figures every year for the rest of his life had he invested properly
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Originally posted by CubanGuyNYC View PostIn some circles, it's desirable, even celebrated, to have someone else carry you through life. Fucking lowlives.
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Originally posted by AlexaAriza View Postwhen asked if it is a sad moment in his life that he evicted his mother he replys was "No, its a beautiful moment"
What a scumbag ass dude, he took pleasure in evicting his own mother.
Here some help Pernell you scandalous ass piece of shit
https://www.google.com/search?q=norfolk+va+Jobs
go get a job!
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Originally posted by boxingfocus View PostIt takes a certain type of mentality to pursue a career where you get punched in the head hard and suffer physical pain. Most do it to escape poverty. Few with alternatives choose to stay in the sport.
That mentality is not one of responsibility or careful planning. On the way up, the largely uneducated boxer doesn't have many people giving him sage advice. The ones with the biggest influence traditionally are the ones with the most to gain. The Don Kings of this world don't benefit from boxers with secure wealth. They benefit most when a boxer has to fight to maintain his living standards.
So you thrust these crazy kids into the spotlight with untold wealth and constant hangers on and people who pretend to like you and be there for you and then one day the purse is light and they all walk off to look after themselves and the boxer is left with nothing but his legacy to trade on.
Really there needs to be some kind of union in the sport which looks out for upcoming fighters. Soccer has it (PFA, LMA etc) as I'm sure many other sports do. Boxers? It is harder to put in place due to the individual nature of the sport. It is a chicken and egg scenario. A guy earns his purse then doesn't want to cut it any further after the promoter, the coach, the sparring partners, the friends, the hospitality, the hookers, the bars and the dealers have all taken their chunks out of it. Those that could afford to invest in such a union are seeing so much wealth that they think they don't need help until they lose it all, or are actually wise with their money so don't need it.
Of course Top Rank and Golden Boy would have you believe they look after their fighters which is why other fighters should join them, but all promoters only care about money just TR and GB have a bit of a brand to protect so aren't quite as ruthless as DK who we know would kick his best friend to death over $500 (in case you don't know: he actually did).
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Originally posted by ChiBoxingFanDamn, not even tried to be racist, just a saying/joke from 4chan. Is this boxing thread that sensitive?
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Originally posted by Sugar Adam Ali View PostIt's a sad story...
Hate to see one of my favorite fighters in a situation like this
But let's be real,, pernell made in his career a cool 15 million roughly, maybe more since he got paid big for Chavez, oscar, and Tito
If he had invested his money thru the 80s and 90s into a dividend stocks or funds, say 3 or 4 million, he would be getting 250k or more in dividends a year and probably much more now that it's 20 years later and everything should have appreciate
Pernell should be raking in 6 figures every year for the rest of his life had he invested properly
This is assuming he would have hired a wise and successful investment adviser. But there are investment advisers who took rich folks to the poor house. Nothing is guaranteed man, and for all you know, he invested exactly as you said and it didn't work out well.
A lot of times, it's not the investment or income that's the issue. It's a lack of discipline when it comes to greed, expenses, etc. If your expenses are high, your investment income or salary gets wiped out automatically.
And then, ok, let's say he made $15 million, you forget there's income tax involved, trainers need to be paid, sparring partners, facilities, travel, etc. Many athletes, celebrities, didn't make as much money as people think they have.
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Originally posted by LarryXXX View Posttruth is most boxers come from poor families and are not educated and when they see all that money of course they over spend,they have no value of money and no one in their family does because all came up broke and lack education,not to many educated people actually choose to box...sure you have a few who are actually educated and those are the ones who actually keep their money..
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Originally posted by radioraheem View PostThis is assuming he would have hired a wise and successful investment adviser. But there are investment advisers who took rich folks to the poor house. Nothing is guaranteed man, and for all you know, he invested exactly as you said and it didn't work out well.
A lot of times, it's not the investment or income that's the issue. It's a lack of discipline when it comes to greed, expenses, etc. If your expenses are high, your investment income or salary gets wiped out automatically.
And then, ok, let's say he made $15 million, you forget there's income tax involved, trainers need to be paid, sparring partners, facilities, travel, etc. Many athletes, celebrities, didn't make as much money as people think they have.
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