du Lac
CEO of IE
- Messages
- 1,643
- Reaction score
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Yeah, cause a parent and uncle stearing a kid to take money are going to tuck that entire bag into a mutal fund to gain interest. They definitely don't want a piece of it and also have a very sound understanding of the tax implications and obligations to the parties purchasing his NIL rights.
A million in the bank spent on parties, food, watches, cologne, and vacations can be spent in several months. Floyd Mayweather can spend it in 10 minutes.
The people saying a ND degree isn’t worth more than a quick bag likely are the same folks that would rob a rich man’s house and take everything but the books in the guys home library. You get wealthy though investing and saving and having a steady steam of cash flow. Not spending.
I understand that a million is a lot to most people but when you get it it’s easy to burn it.