Kwame Brown made $63M over 12 seasons.
Drafted at 18 yo as the
#1
pick.
Has a pension that will kick in from the NBA.
Yet y’all folks who can’t make a wide open left hand layup think he’s a bust & loser. 🙃
He achieved generational wealth at 18. He won in my opinion
My Brother went into the military at 18.
He retired a couple weeks ago.
He now has at $40K/yr in passive income for the rest of his life.
He’s 38 and now starting his next career in IT.
Y’all crap on the military but it changed the direction of my family.
Bill Ackman was born with a silver spoon and then as a young adult won the game and became a billionaire.
Yet he’s on this app carrying out an all out war on higher education and plagiarism.
And I have one day question…
Why?
Okay so I “bought” the Peloton using Affirm because I wanted to see what the fuss is about.
All I can say is holy sh*t.
That was the easiest process of all time to get a 0% BNPL loan.
We are all in trouble.
Every time I see one of these posts about the canabis industry I’m reminded of all the minority’s who went to jail or are still in jail on weed charges
Very Simple financial Plan for my kids:
1. Money in account they get access to at 18.
2. We pay for all degrees needed for their first career.
3. We buy their first car, brand new, zero miles. After that it’s on them.
4. We help with weddings & downpayment for their 1st 🏡
Everyone thinks they want a house like this until they realize a house like this essentially functions like a business.
The amount of staff, services, maintenance needed for every day living will make you cry.
Intermittent fasting has been observed to lead to an 91% increase in heart disease according to an abstract presented at the American Heart Association Lifestyle Scientific Session earlier this week.
I’m still trying to rap my head around this because I intermittent fast.
The blueprint to wealth:
1. 401K/403b/457
2. HSA if eligible
3. Health Insurance
4. TERM Life Insurance
5. Disability Insurance
6. Trad IRA
7. Roth IRA
8. Taxable Brokerage Account
9. LLC with IRA
10. Real Estate/Small Business
Lets get something clear, PSLF is for regular folks, like me or you, who grew up poor and leveraged student loans to create a better life and outlook for their family.
People can be mad, but honestly, they can go to hell.
I didn't hear any outrage when my family lived in a car.
Government has bailed out:
The Auto Industry
The financial Industry
“Small” Businesses
But y’all think people will be corrupted if they receive student loan forgiveness?
@Hail_Pitt
@elonmusk
This isn’t a trend. These folks are talented and they ended up there based upon a matching algorithm that’s designed to be impartial
Hell the architects of the algo won the Noble Prize for its design
The vitriol I experienced yesterday on this app was ridiculous.
All in response to saying my student loans were forgiven and I was thanking God.
The worst part is a lot of the people consider themselves to be professionals and some of them I’ve talked to via dm or other means.
Everyone on this app complains about health care costing too much then I turn around and see threads like this celebrating the CEO of Epic
Meanwhile Physicians understand that EPIC systems squeezes every ounce of money out of a patient encounter by forcing the physician to…
What if I told you there is a billionaire who controls your medical records.
She started Epic Systems in a Wisconsin basement in 1979.
And now she's the richest woman you've never heard of.
10 matter-of-fact messages from the Midwest billionaire, Judy Faulkner:
1. “If you see…
I spent a lot of time crying while recording this because this was the 1st time I had to think about all of it and deal with it all at once.
When my Mom died I said on her grave I’d save as many people as possible.
I hope in sharing my story that I can save some people like me.
Introducing: The Life of David Rhoiney
A sneak peek behind the scenes of a major new Infinite Media film & book project chronicling the extraordinary journey of Dr. David Rhoiney (
@FiSurgi
).
___
David Rhoiney was born at the bottom.
As an impoverished African American child,…
Average length of an NBA career = 4.5 years
Minimum salary in the NBA = $1.12M
Average career length of a Surgeon = 31-36 years
Average salary of a Surgeon* = 400K
I’ll let you do the math.
Short story is it’s okay to go pro in something other than sports.
Y’all question the 💩 out of every scientist, doctor, pharmacist on this app
Yet will listen to a podcast host whose entire career has been in media
I don’t get it
Martin Shkreli went to jail for securities fraud and honestly for exploiting of peoples health for profit
He gets released early
Then y’all celebrate him on this app?
Wtf is going on
If your tax return each year is 4-5K and you save it for 2 years, that will provide a down payment for a house up to $286K using a FHA at 3.5%.
So let’s get real about home ownership, because the excuses are getting old.
Here’s the issue I have with DCF models
Y’all can make them mfs fit any narrative you want by changing one of the 1000 subjective inputs you designed in that hellish of a spreadsheet you created
Apparently, if you can see two people hugging, you're left-brained, and if you can see a dinosaur, you're right-brained. What do you see in the mountain?
I spent 23 years trying to survive to the next f**king day
Then watched my Mom struggle waiting on me to become a Dr
Lost my Mom in the process
Then struggled through my first year of residency
Bruh I’ve had enough delayed gratification for a lifetime
Run me that check
I’m two generations removed from someone who was raised on a plantation picking cotton, didn’t go past middle school, & had her first child at 13 yo.
EVERYTHING I accomplish in my lifespan is a testament to the sacrifices of those who came before me.
Okay im not cool with this
I get it y’all like promote your investments and use whatever random stat the founder wants to use to seduce you into investing
But I regularly treat Breast Cancer and you are spreading false information
@chamath
If you're diagnosed with cancer, the process of removing a tumor can be handicapped by suboptimal imaging techniques. For example, ~1 in 4 breast cancer lumpectomies fail due to inadequate imaging and women require another surgery, driving up costs/stress while lowering outcomes
Look I have no issue with anyone being born on 3rd base or with privilege
Hell I’m jealous and wish I had those things growing up
You don’t have to be ashamed of having those things
However you also don’t get to deny the fact that those things helped you along
H&R Block been stealing y’all money for years!
Meanwhile a CPA has more expertise & likely cheaper than what you paid
Y’all only concerned about getting your refund early.
You should be concerned with not giving the government a 0% loan.
20 years ago I was struggling, just trying to survive, & living in a concrete jungle.
Now I walk downstairs and stare at a lake from my kitchen.
God always has a plan for you.
Another trip around the Sun today
I’m 12 years younger than my Mom when she died
I try to live every day like it’s my last so that I maximize anytime I have
Please do something positive today
Life is too short to be angry all of the time
6/ Next up, I'm honored to have the absolutely brilliant mind of
@FiSurgi
to call on at OSV.
Dr. Rhoiney is a learning machine that so impressed me the first time I talked with him that the first movie OSV's Infinite Films is making is a documentary about David's life.
In case you're wondering what career to go into, I'd suggest Cyber Security.
It hasn't gotten enough attention and these companies are going to have to pay top dollar to ensure their data is protected.
Don’t tell the personal finance gurus on this site but I decided to live my life and go see a NBA game in person.
Because it’s my money and this ain’t the struggle Olympics.
Life’s too short not to enjoy it.
11.8 million PPP loans were given
708 received the max amount of $10M
4.1 million loans were forgiven
$98K was the average amount that was forgave
Yet some of y’all are mad at the possibility of $10-20K being forgiven??
Gtfoh