when i get rich im gonna get me 3 lamborghini's, 3 rolls royce, a huge ass mansion with 20 bathrooms, a jacuzzi in each bedroom and i dunno how many acres of land but a LOT and im gonna be livin the life :cool smilie:
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Why do 80% of Multi millionaire athletes go broke after retiring within 5 years????
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Originally posted by Jim Jeffries View PostAnd Nevada and Arizona, hell everywhere really. Real estate probably won't become a good investment here in the US for at least another decade. This recent moratorium on foreclosures didn't help matters much.
Like you said, pro athletes get used to a certain lifestyle and continue to live that way long after the money keeps pouring in. And not all of them are smart enough to invest in boats.
Most definitely.... Although actually NOW.. might not be a bad time to invest, as long as you consider it a long term investment, and not short term.
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Originally posted by reedickyaluss View Post
Most definitely.... Although actually NOW.. might not be a bad time to invest, as long as you consider it a long term investment, and not short term.
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Originally posted by Jim Jeffries View PostAnd Nevada and Arizona, hell everywhere really. Real estate probably won't become a good investment here in the US for at least another decade. This recent moratorium on foreclosures didn't help matters much.
Like you said, pro athletes get used to a certain lifestyle and continue to live that way long after the money keeps pouring in. And not all of them are smart enough to invest in boats.
Buy the real estate while it is low and it will go back up, the trend in real estate always goes down and up...if you buy the house in full all you gotta worry is about the juice on the house from the government. Either way the market will go up again and you will make the money
Donald Trump and even teachers in G Dogs school said real estate is the most reliable to invest in out of EVERYTHING. Sure it has its draw backs but not as much as other investing
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