So why do you need a financial planner if you win.....

[Morris]

So you're looking for a planner...but where do you go??

If these guys were any good they wouldn't be working and why would you hire them to manage your money??

 

[MadJack]

So you're looking for a planner...but where do you go??

If these guys were any good they wouldn't be working and why would you hire them to manage your money??

That's why so many athletes are broke. Thieves.

 

[THE KOD]

you need a financial advisor that has excellant rep and that you trust.


If you got 695 million you are set as it would be hard to lose that much.


But you hire the person and tell them that you want to make a certain amount each year from the winnings.

Lets say the figure you want to make is 5 million a year for life.

For that you will invest lets say 25 million.


Then you tell the person that you will pay them a percentage of the money that you make.

10 per cent is a nice figure.

If you dont make money they get squat and you change advisors the next year.

 

[The Boys]

If anyone here wins just call me and I'll manage your money for you.

 

[Morris]

you need a financial advisor that has excellant rep and that you trust.


If you got 695 million you are set as it would be hard to lose that much.


But you hire the person and tell them that you want to make a certain amount each year from the winnings.

Lets say the figure you want to make is 5 million a year for life.

For that you will invest lets say 25 million.


Then you tell the person that you will pay them a percentage of the money that you make.

10 per cent is a nice figure.

If you dont make money they get squat and you change advisors the next year.

:0002

I'll invest in tobacco..........

 

[Mr. Poon]

I always wondered why there were 'swing coaches' for PGA players. Shouldn't these coaches be great at golf and making $ in the tournaments themselves?

 

[saint]

Where the heck could it all go? There is only so many investments, properties, etc you can get. With banks only backing 250k per couple I guess the overseas banks like the swiss back it for much larger amounts?

 

[dunclock]

I just want to have this problem :0074

 

[kickserv]

I have already contacted a tax lawyer so I can find a way not to pay the US Taxes.

:canada1


I am pretty sure I am going to win, just a question if I can get out of paying all those US taxes.

 

[MadJack]

CNBC mentioned a few but I remember that the winner could buy Ruby Tuesday or Radio Shack with the winnings.

I imagine owning ALL the Ruby Tuesdays would set you for life :shrug:

How about 2 or 3 much less over 900 of them :scared

 

[yyz]

you need a financial advisor that has excellant rep and that you trust.


If you got 695 million you are set as it would be hard to lose that much.


But you hire the person and tell them that you want to make a certain amount each year from the winnings.

Lets say the figure you want to make is 5 million a year for life.

For that you will invest lets say 25 million.


Then you tell the person that you will pay them a percentage of the money that you make.

10 per cent is a nice figure.

If you dont make money they get squat and you change advisors the next year.

I used to think you were a complete idiot for spending the money you do on buying points, but now.......it makes total fucking sense.

Holy fucking shit!

 

[MadJack]

I used to think you were a complete idiot for spending the money you do on buying points, but now.......it makes total fucking sense.

Holy fucking shit!

:lol:

 

[hedgehog]

Invest all of it tax free

 

[Betone]

Invest all of it tax free

:mj03: