A brand-new study claims that 16 percent of NFL players will be in financial difficulties (bankrupt) within 12 years of retirement. The findings are considerably different from a 2009 research study that put the number at 78 percent merely two years after retired life."Players with median-length stints in the league can earn as much as $3.2 million in a few years. If they are progressive and being smart with their earnings, they should save a large fraction of their revenue to provide for when their time in the league is done with," Kyle Carlson, Joshua Kim, Annamaria Lusardi and Colin F. Camerer reported in a study paper released this month by the National Bureau of Economic Research.But the experts involved in the study, who evaluated information on 2,000 players composed between 1996-2003 along with earnings information (offered for some 900 players) and also insolvency court records, located that 15.7 percent apply for bankruptcy within 12 years…
The Capital of Fraud in the U.S is…
The large money (for theft and fraud) remains in Medicare, home mortgage, insurance and identification theft-tax refunds schemes.
Shady ventures run amok in warm South Florida where innovative scoundrels are developing frauds of every type, from phony Jamaican lottos to basic identification theft.
The three-most populous counties in southern Florida, Miami-Dade, Broward and also Hand Coastline, are rife with underhanded offers that take millions from governments, banks and individuals, reports the Associated Press.
Florida ranks No. 1 in identification burglary complaints, which went to regarding 193 per 100,000 homeowners in 2013, according to the Federal Field Commission. Bring that down to the regional Miami degree as well as it ares worse: 340 complaints each 100,000 locals over the exact same interval.
South Florida also logs more than 46 times the nationwide average for untrue federal tax return, according to the Tre…
Top 10 Tips to Become a Millionaire by Age 30
By Grant Cardone
Getting rich and becoming a millionaire is a taboo topic. Saying it can be done by the age of 30 seems like a fantasy.
It shouldn’t be taboo and it is possible. At the age of 21, I got out of college, broke and in debt, and by the time I was 30, I was a millionaire.
Here are the 10 steps that will guarantee you will become a millionaire by 30.
1. Follow the money. In today’s economic environment you cannot save your way to millionaire status. The first step is to focus on increasing your income in increments and repeating that. My income was $3,000 a month and nine years later it was $20,000 a month. Start following the money and it will force you to control revenue and see opportunities.
2. Don’t show off -- show up! I didn’t buy my first luxury watch or car until my businesses and investments were producing multiple secure flows of income. I w…