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Old 01-26-2012, 08:03 AM   #5
Coff
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Join Date: Dec 2006
Location: Halfmoon, NY
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Re: Terrell Owens "I'm in hell" Almost broke after illustrious NFL Career

Quote:
Originally Posted by Chico23231 View Post
While Ive read a couple articles including this one yesterday, my question still remains, where did the 80 million dollars go? He has yet to explain it. Im not buying him not living lavishly, I watched his show several times, and he was always spending major money and flaunting. I watched as he bought a pair of earrings or earring for something like 90k at a upscale jewelry store. 4 kids, 4 different women? He gets zero sympathy from me and deserves everything he gets...
It doesn't sound like he lost the bulk of his money spending it, he lost most of it through poor investing. And that's the funny thing; it makes you wonder how much is enough? When you start piling up that kind of money, tens of millions of dollars, why feel the need to invest it? Hell, if you were to simply put 50 million dollars in a savings account with 2% interest, at the end of the year you'd have 51 million dollars! You'd be basically be making a million dollars a year by doing NOTHING with it.
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