Joe Burrow to transfer to LSU

Discussion in 'The Mainboard' started by Jack Parkman, May 8, 2018.

  1. THF

    THF BITE THE NUTS, THUMB IN THE ASS!
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    A buddy of mine worked for a company early on when it was getting started to the point it finally went public around 15 years later. During the time he had stockpiled a pretty good chunk of stock.

    After they went public he cashed out with about $1.4-$1.6 million or so. I never asked for specifics. About a year later he had invested it all into some fairly safe investments and moved to Southern Cal. He has a modest condo and basically retired. The original 1.4 mil kicks off about 100k a year in income which he lives off. He plays golf every other day and surfs a ton. Usually ends up playing video games most afternoons.

    The guy is in his late 40s. If you have a decent amount to start you can live comfortably just off the income and never really touch the principal.
     
  2. beerme

    beerme Well-Known Member
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    hah you don’t exactly get to choose to be the first pick in the nfl draft
     
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  3. dukebuckeye

    dukebuckeye P.G.I.T
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    Fella, I’m 5’11” / 200lbs / white / quasi-athletic but also quasi-fat. If I really wanted to be, I could’ve been.
     
  4. Wicket

    Wicket Fan: ND, PSV, Pool FC, Cricket, Urquel, Dog Crew
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    I think realistically you need about 2-2,5mln to live a good live for someone between their 30s and 40s. About 800k or something like that to buy a good house in a decent enough area. About 1.5mln to generate about 4% income and maybe a little bit of value accretion to cover inflation somewhat. If you dont have rent/interests/principal 60k p/a gets you pretty far id say
     
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  5. Jack Parkman

    Jack Parkman Well-Known Member
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    I can’t remember if he posted the pic on social media or it was in some article about him but I distinctly remember Dre Kirkpatrick posting a pic of a fancy new car with the trunk open and the trunk was full of a shit ton of expensive shoes and iirc this was before he played a game

    A lot of these guys are so reckless with their $$
     
  6. Jack Parkman

    Jack Parkman Well-Known Member
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    [​IMG]
     
  7. Wicket

    Wicket Fan: ND, PSV, Pool FC, Cricket, Urquel, Dog Crew
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    and you can barely blame them. They all fele in their heart that they are going to rock the league and will never get injured and theyve never seen that kind of money in their life mostly. I think most 20 year guys who get a couple of mln at once will spend a lot of it irresponsibly unless they have someone in their network to teach them that lesson, preferably a former pro who made those mistakes.
     
  8. Baron

    Baron Well-Known Member
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    how did you get that signed? did you send it to the stadium?
     
  9. BayouMafia

    BayouMafia slowly learning that life is ok
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    I don't think "not touching it" means he's just got it sitting in a savings account. He means he's not spending it. I'm sure he has a good investment guy.
     
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  10. Where Eagles Dare

    Where Eagles Dare The Specialist Show On Earth
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    That's still really stupid and laving a ton of money on the table
     
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  11. dukebuckeye

    dukebuckeye P.G.I.T
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    Agreed.


    Also agree.
     
  12. dukebuckeye

    dukebuckeye P.G.I.T
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    Throwing $13m cash in some safe ETFs and letting it ride should do the job. Assume a 4% annual return, which is $520,000 per year.

    That’s livable.
     
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  13. Where Eagles Dare

    Where Eagles Dare The Specialist Show On Earth
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    1.5/100K is kinda hard to live off of for 40 years. He's been fine for the last 10 years, but when the market goes down eventually he could run into some issues.
     
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  14. Menelaus

    Menelaus The Red-Haired King
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    How do you live comfortably in SoCal on $100k a year? Spoiler alert - you don’t.
     
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  15. Struggler

    Struggler Well-Known Member
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    My dad coached Joe in high school. Joe held a practice at his old high school this summer and my dad went up and got him to sign it. Been trying to get my dad to have Joe sign it since at Vandy, Oklahoma or Clemson games. Just gave it to him after the NC and said send it to me when it’s signed.
     
  16. Bruce Wayne

    Bruce Wayne Billionaire Playboy
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    What banks are still offering 1% interest on savings accounts?
     
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  17. dukebuckeye

    dukebuckeye P.G.I.T
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    The best ones, Bruce. The best ones.
     
  18. IHHH

    IHHH Well-Known Member
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    Ohio white thrash is not that bad after all, one will pop out once in a blue moon
     
  19. Pelican

    Pelican COOL huh
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    [​IMG]
     
  20. Boo MFer!

    Boo MFer! UCF has a clown car of talent at RB and WR.
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  21. lfriend

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    :laugh: It's always some flat slob. Every time.

    I think outside of that god awful pitch straight to Melvin Ingram, Burrow did pretty well. So well I have no idea why they rushed that fat idiot kicker out there when 7 seconds was enough time for one more shot into the end zone.

    Burrow shoulda been given a chance to be the hero.

    Definitely missed some throws, but I could understand why he was rushing them with how bad that line got owned.
     
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  22. Boo MFer!

    Boo MFer! UCF has a clown car of talent at RB and WR.
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    Reminds me of this guy critiquing Von Miller’s form in the gym.


     
  23. southlick

    southlick "Better Than You"
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  24. marcus

    marcus Sex with old ladies for money aaaand bear traps.
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    And got right back in after sitting out a play.
     
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  25. BayouMafia

    BayouMafia slowly learning that life is ok
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  26. spagett

    spagett Got ya, spooked ya
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    He's gonna be a good one
     
  27. Doc Louis

    Doc Louis Well-Known Member
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    And fuck his OL for just standing there
     
  28. spagett

    spagett Got ya, spooked ya
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    That's sad that all 5 of them stood there like dummies
     
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  29. Doc Louis

    Doc Louis Well-Known Member
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    I mean yeah I get it I'd want to watch and see what he did next too, but they should be used to seeing that in practice