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Don't Blow All Your Cash At Once Rookie

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Posted

Jeff Fisher is a dirt-bag.  This we already know.  However, I like what he's doing in St. Louis.  He's yet to sign any of this years draft picks.  He's waiting until they can handle that kind of a pay check, after getting lessons in finace.  Sure, a few weeks may not make much of a difference, but I like the idea.

 

http://profootballtalk.nbcsports.com/2014/05/30/rams-broncos-have-yet-to-sign-any-draft-picks/

 

This article reminded me of something a friend of mine wrote a month or so ago.  It's about athletes making bad financial investments.  This part made me laugh:

Consider the flood-proof couch saver. After Hurricane Katrina, professional baseball player Torii Hunter put $70,000 into a company that made inflatable rafts so buyers in flood-prone areas could float their furniture to safety. The endeavor sank.

 

Nothing totally groundbreaking here, but some good info nonetheless.  I thought he's piece fit nicely with the PFT article.  You can read the rest here:

http://www.ozy.com/c-notes/why-pro-athletes-make-bad-investors/31267.article#.U2TPanDxTHU.twitter

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Posted

Jeff Fisher is a dirt-bag. This we already know. However, I like what he's doing in St. Louis. He's yet to sign any of this years draft picks. He's waiting until they can handle that kind of a pay check, after getting lessons in finace. Sure, a few weeks may not make much of a difference, but I like the idea.

http://profootballtalk.nbcsports.com/2014/05/30/rams-broncos-have-yet-to-sign-any-draft-picks/

This article reminded me of something a friend of mine wrote a month or so ago. It's about athletes making bad financial investments. This part made me laugh:

Nothing totally groundbreaking here, but some good info nonetheless. I thought he's piece fit nicely with the PFT article. You can read the rest here:

http://www.ozy.com/c-notes/why-pro-athletes-make-bad-investors/31267.article#.U2TPanDxTHU.twitter

At least someone is trying to teach financial security.

BiggTazz#16

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Posted

Jeff fisher and the St. Louis thugs were the litmus test last year that our team is full of a bunch of tough SOB's

Sent from my iPhone using CarolinaHuddle

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Posted

That Rams team going to be nasty.

 

Sent from orbit

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Posted

Making positive remarks about Jeff Fisher? Ugh, just too much.

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Posted

Jeff fisher and the St. Louis thugs were the litmus test last year that our team is full of a bunch of tough SOB's

Sent from my iPhone using CarolinaHuddle

 

I agree.  They thought they were going to be able to come in and push us around and take the game by intimidation.  Turns out we intimidated them into some pretty bad (game costing) mistakes.

 

This is Rivera.   Rivera is a tough man and he puts that stamp on this team.  With TD, CJ, Hardy and Kuechly at the helm they push that stamp on the rest of the team.

 

With a pretty new secondary you can bet that will be an emphasis right away.   Harper will help in that category.

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Posted

Almost anyone regardless of age, race, or profession goes broke if they're given a large sum of money after never having any. The nfl has been doing rookie finance symposiums for years, and still the bankruptcy rate for nfl players is around 65%.

I know all the sage randian übermensch in this thread are nodding their heads thinking they'd be different, but odds are you wouldn't be!

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Posted

Almost anyone regardless of age, race, or profession goes broke if they're given a large sum of money after never having any. The nfl has been doing rookie finance symposiums for years, and still the bankruptcy rate for nfl players is around 65%.

I know all the sage randian übermensch in this thread are nodding their heads thinking they'd be different, but odds are you wouldn't be!

You are spot on.

Same reason that most lottery winners are flat broke in less than 10 years.

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Posted

You are spot on.

Same reason that most lottery winners are flat broke in less than 10 years.

I'm ready to buck that trend.

Sent from my XT1080 using CarolinaHuddle mobile app

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Posted

Material possessions get a lot of them in trouble, people buy things they don't need, to impress people they don't even know. 

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Posted

Material possessions get a lot of them in trouble, people buy things they don't need, to impress people they don't even know.

quite insightful :) non football related but insightful points for that at least

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Posted

hahaha Torii Hunter...

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