Usain bolt loses entire retirement savings in scam

explorerzip

Well-known member
Jul 27, 2006
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Because if you let it sit in a bank account it will depreciate over time through inflation
Because ones lifestyle gets accustomed to a certain level and that level needs to be maintained, or raised.
There's a lot of "it depends" attached to these statements. I'm sure you could do some number cruncing to figure out how to make $10 million last while keeping your current lifestyle and also while not taking stupid risks. Yet it also takes a lot of personal discipline. It's totally correct that once you get used to the high life, it's going to be very tough to come down from it. Exactly why lottery winners go broke after winning.
 

Resetset

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Nov 12, 2022
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OK. So, straight white people owe him 10 million plus damages according to the left on social media.
 
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Phil C. McNasty

Go Jays Go
Dec 27, 2010
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OK. So, straight white people owe him 10 million plus damages according to the left on social media
I seriously couldve turned that 10 mill into 1.5 mill within 2 to 5 years, plus I only wouldve charged him 10%.
His money managers suck.

For real, dawgs!!
 

tml

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Aug 10, 2011
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Q. What's the easiest way to become a millionaire?
A. Start as a billionaire.
 

Carvher

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Apr 13, 2010
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My only question is: If you already have 10 million dollars (or more), why in the fuck do you need to invest in anything?
If you have 10 million dollars, you would be insane not to invest in something.
Investing in a scam is another issue entirely. He should learn about investing or fire whoever is doing it for him.
 

escortsxxx

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Jul 15, 2004
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Tdot
My only question is: If you already have 10 million dollars (or more), why in the fuck do you need to invest in anything?

Well assuming you don't want to work ever again you invest all your money and get a return Becomes your income.

You can't retire on $10,000,000Unless you live Like a bum.

Most people like to spend the money they have.
an sf90 Is closing on 1,000,000 Canadian 600k us.
You need a new 1 every 5 or 6 years. What's that repairs insurance. Maintenance that's easily A few million there.

Buy drake's house 50,000,000And you're $40,000,000 in debt.

Buy moderately big house For family and that's 4mil.
Taxes have you broke in a few years.


Plus inflation will make everything more expensive every year. A car was 400 bucks once.
 
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