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+---- Thread: (S31) PT 3 - Investments (/showthread.php?tid=35266)
RE: (S31) PT 3 - Investments - Number 82 - 10-03-2021
Dawkins isn't much of an investor, instead on having a fund manager or financial advisor dealing with that, he instead chooses to live a fairly quiet life without much extravagance. Possessions aren't really all that important to him, and the pursuit of growing their bank account isn't really something that's been the driving him either. Instead of taking up every endorsement offered, Dawkins has been selective with what offers he's taken, having been reluctant to do commercials or take on additional media responsibilities. Dawkins lives well within his means and has been saving the majority of his income.
As far as investments go, Dawkins has opted to go the safer route with term deposits and making non concessional super contributions into his superfund back in Australia where he will be headed back in retirement. His contacts have put him in a very comfortable position, so there really isn't much reason or drive to expand his wealth. Aside from a small balance in a couple of cryptocurrencies, Dawkins has pretty much just been living well within his means as to ensure that he's secure finically without the need to dip his hand in any potentially volatile ventures. It's a combination of wanting to avoid poor financial advice and also stems from the fear that he had early on that one injury could end his career so it was import for him to live a modestly.
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234 wordsRE: (S31) PT 3 - Investments - slate - 10-03-2021
Because his father pursued a professional football career but was ultimately unable to make a living from doing it, having alternative paths to financial stability was always an important consideration for CB Peter Patterson of the Sarasota Sailfish. One angle from which he pursued this was by majoring in Mechanical Engineering while playing college ball at the University of Iowa. While he never ended up using his degree professionally, having that option helped him feel much more secure about setting his sights on professional football without risking financial ruin. Recently, however, as Patterson starts to consider his post-retirement plans, Patterson has been figuratively investing through networking for some alternative football careers besides competing on the field. In particular, he has been working with some sports networks like SET, providing analysis of game film and player stats in a few short segments here and there to gain familiarity with a potential post-playing career in sports broadcasting, and generating some film that he can use when looking for a full-time job as a TV personality after retirement. He has also spoken to some of the Sailfish management and coaching staff about the potential to help out as a coaching assistant for defensive backs. While his post-career plans at one point involved things totally unrelated to football, Patterson recently believes he will be able to find financial security even after playing just while sticking to sports.
RE: (S31) PT 3 - Investments - Gragg9 - 10-03-2021
Money may seem like it’s incredibly easy to come by for many players in the ISFL. Bruckner and most of his peers are subsidized my a mysterious twitter benefactors, while some ambitious players even *write stuff* and get paid millions. This windfall only lasts for a few short seasons though. Most players go broke quite quickly due to there being literally no way to make money after retirement. Hopefully HO and the GMs of the league will find a way to remedy this soon but until then, players are forced to make as much money as they can during their career, or die of starvations as most do.
That’s why Anton Bruckner takes full advantage of the ISFL casino. It’s simply the best way to make large amounts of money quickly. There are opportunities every week to bet tens of millions of dollars, meaning potential profits of 20+ million! I don’t know why everyone doesn’t bet. There’s literally no downside. You even get a cool plaque if you bet the most money every season, which is way better than having a retirement fund anyway. In fact, Bruckner has drawn some criticism for skipping practice to go play at the ISFL casino. However, he doesn’t plan on changing his ways anytime soon.
RE: (S31) PT 3 - Investments - Faelax - 10-03-2021
WSBL Affiliate
RE: (S31) PT 3 - Investments - thevoicelesscreator - 10-03-2021
It’s funny that you should mention expanding the nest egg, because that is exactly what Franklin the Turtle is trying to do! Franklin comes from the small town of Woodland, which can be found in the state of Minnesota. While his family was the only family of Giant Tortoises in the area, Franklin didn’t realize until he was older that his family was the only family of giant tortoises in the entire region!
Franklin learned quite early on that a slow reproductive cycle, followed by a treacherous journey to adulthood meant that many of his distant cousins never make it to adulthood! Since he’s become aware of that, he’s made it his life’s mission to improve the infant mortality rate of giant tortoises. In fact, his first game cheques went to helping establish the start of the Woodland Giant Turtle Conservatory, a non-profit organization dedicated to establishing safe breeding grounds for Giant Tortoises around the world!
As for how the efforts will turn around a profit for Franklin? Well, he hasn’t quite thought that far. As a non-profit organization, the Woodland Giant Turtle Conservatory isn’t quite concerned with turning a profit. Franklin has seen a return of 0% on his investments, and continues to invest heavily into the effort.
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RE: (S31) PT 3 - Investments - SwankyPants31 - 10-03-2021
So the thing about Live Laughlove is that he never, ever, thinks of his financial situation. As I mentioned in the previous point task, Laughlove doesn’t ever really track his financials, he just always trusts that he’ll have enough in the bank to cover really whatever expenses he might incur. Given that he essentially lives in a van down by the river, generally this doesn’t lead to any issues in funding his addiction to getting Starbucks frappuccinos and buying various (and arguably nonsensical) living room decorations. In fact, if anything Live Laughlove purchases could be considered an investment it would probably be in random memorabilia and antiques that would have happened to appreciate in value after he purchases them, not anything he intentionally purchased to have a nest egg later. To add an extra layer of spontaneity to this and remove any doubt of his intentions, Laughlove also does not plan out his purchases in advance. Whether it be going out for groceries, clothes, or even just walking down the street, when Live Laughlove sees something he wants, he buys it. No ifs, ands, or buts about it. Will Laughlove be broke within a few years of leaving the league as the prompt suggests? Perhaps. But as he always says, “I’m here for a good time, not a long time”.
RE: (S31) PT 3 - Investments - fever95 - 10-03-2021
PBE Affiliation
RE: (S31) PT 3 - Investments - ReverendOReily - 10-03-2021
WSBL affiliate, username is Rev
https://worldsimbasketball.jcink.net/index.php?showtopic=44&st=75&#entry463
RE: (S31) PT 3 - Investments - JBLAZE_THE_BOSS - 10-03-2021
Everyone who knows Mike Boss Jr knows that he is desperate for cash. His dad was a player early on in the ISFL, before players were walking checks waiting to be cashed. Despite the catering to the modem athlete, I still find myself with barely any nest egg to show for my efforts. I've stayed away from the casino, and I don't enter contests because I'm a professional athlete and shouldn't have to resort to circus tricks to get a little bit of cash in my pocket. I've instead settled for trying to be the spokesman for all of the legal weed in Florida that I can get my hands on. I'm lucky that I live in a state that has some ways to get the medical bud, and I've endorsed so many different brands I'm starting to feel more financially secure. Unfortunately, none of this is reflected in my ISFL bank account so it really can't help me where I need it the most. My medical weed money is like Bitcoin, it makes me feel like I'll be financially independent some day but only if I can maybe trade it in for some real cash. A guy can hope and dream, I just wish there was a better way for me to get a few bucks outside of demanding a bunch of money in my salary or risking it all in the casino.
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RE: (S31) PT 3 - Investments - furiousPanda - 10-03-2021
Panda McKyle knows a few things about being broke. He himself lived broke for years so he spends his money and investments wisely. A lot of players give out money to friends, family and managers. But McKyle knows better, it helps that he’s greedy. The International Football Simulation League has treated him pretty well in terms of compensation with million dollar contracts. So investments are in easy mode for McKyle. The first investment that McKyle would make is sending 20% of his paycheck to a retirement fund. It is super easy to set up and you can just forget about it. This nest egg can double every year, granted it’s set up correctly. Next investment is auto trading stock options. He has some connections to wallstreet bets where a bot trades options for him. Returns are great and McKyle only puts 10% in it. Another one is purchasing local car washes. McKyle bought a bunch of them and San Jose has a lot of dust in it. The people want their cars washed, so it is a great idea and easy money printing machine. Lastly, it would be blackjack. McKyle is notorious for gambling. And the majority of his paycheck goes there. Usually it ends up pretty well since his skills are as good as his football skills.
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