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re: Jeremy Hill new ride

Posted on 6/23/14 at 4:52 pm to
Posted by PhiTiger1764
Lurker since Aug 2003
Member since Oct 2009
13929 posts
Posted on 6/23/14 at 4:52 pm to
Pretty fricking stupid purchase. But hey good for him.
Posted by WPBTiger
Parts Unknown
Member since Nov 2011
31225 posts
Posted on 6/23/14 at 4:53 pm to
quote:

Pretty fricking stupid purchase
Posted by dallastiger55
Jennings, LA
Member since Jan 2010
27818 posts
Posted on 6/23/14 at 5:09 pm to
he will be broke within 5 years

Posted by baybeefeetz
Member since Sep 2009
31644 posts
Posted on 6/23/14 at 6:20 pm to
quote:

Pretty fricking stupid purchase. But hey good for him.
Posted by recruitnik
Campus
Member since Jul 2012
1223 posts
Posted on 6/23/14 at 6:41 pm to
quote:

Pretty fricking stupid purchase.


Yep, I'd guess it's a quarter of his bonus. That would've made a nice investment which wouldn't lose 15% of its value immediately.

So one thing running fast can't do is teach you simple economic logic.
Posted by Tom Bronco
Austin, TX
Member since Jun 2011
2656 posts
Posted on 6/24/14 at 1:14 am to
quote:

Pretty fricking stupid purchase. But hey good for him.

Well everyone says he is a great running back but no one accused him of being smart or knowing anything about investing and personal finance. And yeah he will be bankrupt eventually. Most NFL players end up that way. They don't understand that after taxes and insurance and all that other good stuff that they won't get anywhere what their contract says.
Posted by RummelTiger
Texas
Member since Aug 2004
89952 posts
Posted on 6/24/14 at 6:38 am to
Probably leasing, not purchasing.
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