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Vince Young Broke! and doesnt have any money

http://sports.yahoo.com/sportsminute

not sorry for him
sucks for that n***a. Didn't he get a fat ass rookie contract?
Pathetic.
The key to not go broke after getting a huge sum of money is to convince yourself that you only have a quarter of that amount for the next decade, spend/save accordingly and you'll come out fine. The problem with most people blowing a fortune has been due to their thinking of the entire sum, and fooling themselves into believing that if they blow the first half, they still have the second half to live on. Unfortunately by the time they blew the first half of the fortune, they got used to living it large, and could not go into penny-pinching mode again. Adding to that a few imprudent investments - especially the kind that uses financial leverage, too easy to get into between 2005 and 2008, and the fortune could disappear very quickly.
Originally posted by fastforward:
The key to not go broke after getting a huge sum of money is investing .

Fixed
[ Edited by 99problems on Sep 19, 2012 at 3:57 PM ]
shocking
You have to manage it better than that.
lol. dips**t. wtf is wrong with these idiots???
I heard on ESPN radio he got swindled for 5 million by a "financial advisor."
not surprised
Originally posted by SanDiego49er:
You have to manage it better than that.

This
Doesnt being broke imply that he doesnt have any money?
Originally posted by 99problems:
Originally posted by fastforward:
The key to not go broke after getting a huge sum of money is investing .

Fixed

Not if you got into the wrong type of investments. Look up the plight of Mark Brunell. He wasn't the first one who went into bankruptcy due to bad investments.

I personally know someone who had to sell his home to pay off stock brokerage firms after the 2001 stock market correction. He and his family had to come and live at the in-laws' home. A few years before he had a few millions in "investments".