Chad Johnson Is Facing Foreclosure On His $400,000 Miami Condo--------------------

Mrsmoothwb

Rookie
Joined
Aug 19, 2012
Messages
146
Reputation
0
Daps
84
Reppin
PA
I would side with saying Chad Johnson prolly didnt hit that dumb spermwaste if he didn't get in trouble in college for slapping some broad..:ohlawd: dude is a certified wife beater its in his blood.:comeon: T.O & Ocho used to be cocky ass nikkas, now they're begging for a miracle in the dark. SMH :noah:
 

pete clemenza

Veteran
Supporter
Joined
May 1, 2012
Messages
35,733
Reputation
3,128
Daps
86,539
Reppin
Cali
Dog, if you're sitting on $50M, you shouldn't be buying a $20M home. You and I both agree on that. But it ain't our money.


Once the decision is made to buy the house, provided he can afford the residual expenses, the better option is to buy the house outright.

SMH @ advising niccas who know nothing about investing to just "invest" $16M. Sure, they should avoid the illegitimate kids and silly marriages, but the next biggest thing they should avoid is investing cuz it's the 'thing to do.' They'd be better off just enjoying their money.
or just save it in a account that has some kind of yield return.. even though banks aren't giving up too much these days. but they do have to be careful at any type of investments from stocks, mutual funds, bonds, all the way to their cousin who wants $100k to start up a nightclub. investing and hoping to see returns is not easy or a guaranteed to happen even for the seasoned vet or the millionaire athlete
 

alpo

Dade County carol city
Bushed
Supporter
Joined
Apr 30, 2012
Messages
15,473
Reputation
100
Daps
35,748
Reppin
Carol city
GIC's, Government bonds, CD's, etc... There are many low risk investments. This is stupid though...Some people are better with money than others and have different priorities.

:heh::heh::heh::heh::heh::heh::heh::heh:
 

JLova

Veteran
Supporter
Joined
May 6, 2012
Messages
59,041
Reputation
4,362
Daps
178,071
So apparently, in the US, real estate offers the highest return on a $20M investment. Got ya. :heh:

GICs > $20M in a down market on a property with a small ass lot.
 

alpo

Dade County carol city
Bushed
Supporter
Joined
Apr 30, 2012
Messages
15,473
Reputation
100
Daps
35,748
Reppin
Carol city
So apparently, in the US, real estate offers the highest return on a $20M investment. Got ya. :heh:

:what: :snoop: dude shut up and stay yo ass in Canada!

:umad: his return is getting a huge mansion.:umad:
 

JLova

Veteran
Supporter
Joined
May 6, 2012
Messages
59,041
Reputation
4,362
Daps
178,071
:what: :snoop: dude shut up and stay yo ass in Canada!

:umad: his return is getting a huge mansion.:umad:

Nothing of value to add to the discussion. Explain to me how a low risk investment (GIC) is worse than investing in over valued real estate at this current time.
 

pete clemenza

Veteran
Supporter
Joined
May 1, 2012
Messages
35,733
Reputation
3,128
Daps
86,539
Reppin
Cali
So apparently, in the US, real estate offers the highest return on a $20M investment. Got ya. :heh:
Really the only way I see a home as an investment these days is if the neighborhood its located in is up for gentrification or is on the verge of being a hot area/sought out neighborhood... all that buying a home in any ole neighborhood and two years later it doubles in value is over with. and even when that happened that shyt was a mirage. Back in the days the American dream was to buy a house, actually live in it, pay it off, and give it to your kids. then the 2000's came and everybody became or tried to become house-flippers.. then the bad subprime loans era jumped off then the bubble burst and everything went to shyt
 

JLova

Veteran
Supporter
Joined
May 6, 2012
Messages
59,041
Reputation
4,362
Daps
178,071
Really the only way I see a home as an investment these days is if the neighborhood its located in is up for gentrification or is on the verge of being a hot area/sought out neighborhood... all that buying a home in any ole neighborhood and two years later it doubles in value is over with. and even when that happened that shyt was a mirage. Back in the days the American dream was to buy a house, actually live in it, pay it off, and give it to your kids. then the 2000's came and everybody became or tried to become house-flippers.. then the bad subprime loans era jumped off then the bubble burst and everything went to shyt

Yep. But apparently Dwight will be the exception and make money off this property. :heh:
 

mastermind

Rest In Power Kobe
Joined
May 1, 2012
Messages
63,190
Reputation
6,187
Daps
167,388
or just save it in a account that has some kind of yield return.. even though banks aren't giving up too much these days. but they do have to be careful at any type of investments from stocks, mutual funds, bonds, all the way to their cousin who wants $100k to start up a nightclub. investing and hoping to see returns is not easy or a guaranteed to happen even for the seasoned vet or the millionaire athlete

so then why would he be better off? :what:

Banks are barely giving out 2% and you folks just saying, "invest" "save in a high yield account" :wtf:
 

pete clemenza

Veteran
Supporter
Joined
May 1, 2012
Messages
35,733
Reputation
3,128
Daps
86,539
Reppin
Cali
so then why would he be better off? :what:

Banks are barely giving out 2% and you folks just saying, "invest" "save in a high yield account" :wtf:
I was going off Ren's post who said maybe he just just enjoy his money instead of investing it... I said at worst if he's not into investing then go ahead and put it in a 1% CD or savings account- at worst!

-read
 
Top