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re: NBA rookie puts first $4.5M into a trust for 3 years
Posted on 1/16/15 at 10:25 am to yankeeundercover
Posted on 1/16/15 at 10:25 am to yankeeundercover
Should've locked $3.5M in trust and given $1M to broker to make more
3
Posted on 1/16/15 at 10:29 am to DirtyMikeandtheBoys
quote:
Should've locked $3.5M in trust and given $1M to broker to make more
Live off of returns and endorsements and keep substantial amount locked up.
Posted on 1/16/15 at 10:30 am to DirtyMikeandtheBoys
I assume someone is managing the trust.
Posted on 1/16/15 at 12:29 pm to DirtyMikeandtheBoys
quote:
Should've locked $3.5M in trust and given $1M to broker to make more
Not sure you know how trusts work. They can be invested, and often are.
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