Fat Dan says Pacquiao is STILL having tax issues

[siablo14]

I bought recently

MKSI in December at roughly 95 bucks, now up 18% and above $110

Added to my position in RY this week on the dip at 78.

Bought Microsoft this week at 92

Added to my position in qqq this week at 164.50

Added to my position in SCHD at 49 this week

Almost pulled the trigger on some more Jpm when it hit $111 but by the time I had a chance it was above 112 again and I passed.

Disney gets below $100 and I’m going to buy some more.

Waiting on Walmart to get to below $80

I advise index funds for people that don’t know investing

Year to date, the market is break even, I’m up nearly 9%

Has anybody been taking you advice on here?
You need to speak more about the specific stocks you dabble in in that thread.

[brettWall]

Don’t matter.. you can always spend more than you make

True. Everything is relative. A guy making average wage, but lives frugally, is better off than one who makes good money, but spends all his money on big ticket items on credit. Like Dr Phil says you can't solve money problems with money. You solve it by living within your means.

[Scipio2009]

True. As opposed to living in Las Vegas full of temptations like casinos and strip bars. Pacquiao is also used to living in squalor; doesn't mind sleeping on hard floors side by side with his buddies even when he's already wealthy.

Floyd hangs out at his OWN strip club, or hangs out at his OWN boxing gym, or heads out to see fights that are partnered with his OWN promotional company, is comped ***elry by partners that he works with, and is almost always ever even at some other place if he's being paid to come through.

The only thing that Floyd seems to ever really spend actual money on is traveling (maintaining two private jets isn't cheap) and getting stuff for his kids/women in his life, most of which is likely covered by the residual income off of his investments anyway.

If you honestly think that Pacquiao would be down to living on the streets again, after basically 20 years of having his every vice and dream fulfilled, you're kidding yourself.

[Biolink]

So you think his fraud ended there? You don't think it was in his benefit to build a case that Manny was getting robbed?

Whats the odds that there was some concerted effort to defraud Manny? Minimal. You might be able to rob some anonymous rich person, but trying to pull that off on Manny with Bob in his corner and Top Rank's team of laywers is trying to rob the bank in broad daylight. The people were very open about what they were searching for during their findings.

Sure you can find one individual to discredit, just like Lance paying off people at certain levels to look the other way. It doesn't change what was factually found, and what was found wasn't good whichever way you want to justify it.

[brettWall]

Manny will end up like this in the end.


Don't know how Floyd will end up in.

[Sugar Adam Ali]

Has anybody been taking you advice on here?
You need to speak more about the specific stocks you dabble in in that thread.

Nobody it seems like outside of bostonguy is at that level.

And I do talk about specific stocks..

I just broke down why Tesla, Netflix, and Snapchat are mismanaged companies and not a good buy at these prices. Not in the investment thread but one of mc cobras I believe

[Scipio2009]

https://www.justice.gov/usao-cdca/pr...-fraud-charges

Nice try to smear the name, but truth is truth. $1.4m over 5 years comes out to less than $300k a year, almost solely on tax return fraud for one guy.

Doesn't change the fact that someone openly told Pacquiao that he was ****ed, Koncz and Arum got Pacquiao to ignore the warning, and now it's pretty clear that he really was ****ed, lol

[Sugar Adam Ali]

Has anybody been taking you advice on here?
You need to speak more about the specific stocks you dabble in in that thread.

I know a few people have taken my advice recently. I get pm from guys just starting out..


Had you and others taken my advice way back in 2014, you would be up about 140% right now.

But all I can do is spit the advice, can’t make someone follow it

[Raonic]

Pacquiao is terrible with money and it doesn't help his advisor is dirty as ****.

[siablo14]

I know a few people have taken my advice recently. I get pm from guys just starting out..


Had you and others taken my advice way back in 2014, you would be up about 140% right now.

But all I can do is spit the advice, can’t make someone follow it

Can't take your advice. I am broke remember but I would like to see more specificity in the Investment thread. I would like to see some bond discussions too, if you deal in bonds.