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[QUOTE="CusefanATL, post: 1267044, member: 853"]
there are plenty of people who went "broke" doing "smart" things.

Derrick Coleman wanted to revitalize detroit. Lost almost everything.
Dan Gilbert wanted to revitalize detroit - making billions

Mark Brunell invested in Fla real estate and lost almost everything
Donald Trump invested in Fla real estate and makes billions

Not to mention when family gets involved, there are numerous cases of them "stealing" or doing "dumb" things with the money. Money also changes people and family members. When they get used to being on the "payroll" - its nearly impossible to take them off of that payroll with out serious issues.

MCW has 2 years of communications and rhetorical studies. Which is not to be confused with anything at Newhouse. I took a few CRS classes... it was 1 of the athlete majors. He is more than likely not equipped to handle money. He may not know the difference between a savings account that Bank of America offers at .007% interest and an online savings account with Ally that offers 0.85% - let alone the difference b/w fixed annuities, variable university life, term life, whole life, hedge funds, mutual funds, stocks, bonds, short, long, 12% financing on a mercedes, or a 5/1 arm mortgage.

he is going to need good help. especially when contract #2 comes into play.
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