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May 6, 2024
11:51
:22
am
HarlemCoug
Truly Addicted User
This isn't about advice. This is a hypothetical about 2 distinct options. Is a person better off if A. They had $500k
and spent it all having fun. B. They never had $500k to lose in the first place.
This message has been modified
Originally posted on May 6, 2024 at 11:51:22am
Message modified by HarlemCoug on May 6, 2024 at 11:59:41am
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HarlemCoug
Previous username
Big12
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HarlemCoug
Joined
Sep 8, 2014
Last login
Jun 9, 2024
Total posts
32,620 (4,090 FO)
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Messages
Author
Time
Assume you're 30 years old. When you were in college you made $500k playing basketball. You spent it frivolously and
HarlemCoug
Truly Addicted User
May 6, 9:17am
If my son were getting NIL I would advise him on how to invest etc
Don Carlton
May 6, 9:19am
my daughter was at BYU-I and said a guy in her ward made $100K doing summer...
icecougar
May 6, 10:51am
What I know now....should've bought a bike and placed it all in something else.
Don Carlton
May 6, 11:15am
which don't work well in cold environments like Rexburg!! Guy is auditioning
jre85
May 6, 1:27pm
Not true #1 Selling car in Norway.
deljdc
May 6, 3:12pm
And then had a $20,000 tax bill he couldn't pay.
JAGA97
May 6, 4:18pm
It depends.
Baron
May 6, 9:19am
Never having had it. Could be depressing never coming close to equalling that.
Forzaitalia
May 6, 9:24am
BYU does a very good job of advising their student athletes.
cornellcoug
May 6, 9:50am
Take the money and buy real estate.
BillyGoat
May 6, 10:20am
If you blow it, you might appreciate making money later.
Archaea
May 6, 11:18am
This is a scenario where most getting big money don’t have the foundation to
Pretorian
May 6, 1:16pm
How is having money that you waste worse than never having had money?
Archaea
May 6, 1:45pm
I guess this comes from living in a very under developed country for a few years
Pretorian
May 6, 2:20pm
I am sorry but 500K is a lot, and I mean a lot but
Archaea
May 6, 6:13pm
You can’t be serious
Pretorian
May 7, 7:20am
"Better to have loved and lost than never loved at all." I worked in one of the first day trading shops on Wall St. It
HarlemCoug
May 7, 10:07am
Yeah… 25 AND educated… with initial solid perspectives on life, few of these
Pretorian
May 7, 10:50am
Terrible advice here
Don Carlton
May 6, 11:49am
This isn't about advice. This is a hypothetical about 2 distinct options. Is a person better off if A. They had $500k
HarlemCoug
May 6, 11:51am
Yeah I kind of Hijacked the thread with my own thoughts.
Don Carlton
May 6, 11:56am
I believe the vast majority would spend most of it and lose
Pretorian
May 6, 1:12pm
I would rather mess up over not getting the money. I'd learn from it I hope
Jwine21
May 6, 1:17pm
Better off from the experience no question
gww687
May 6, 1:28pm
Depends on what bad life decisions that money enabled
LaVell's_Scowl
May 6, 1:44pm
Not even a debate. Make the money and learn from blowing it.
Haysom Till
May 6, 2:17pm
Yeah there's a debate. Big, easy money early having fun playing a game is a
Forzaitalia
May 6, 3:32pm
Pay cash for a home
Cougforgood
May 6, 3:43pm
This sounds mine something a 20yo would do…..Not
Pretorian
May 7, 7:25am
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