(S31) PT 3 - Investments

[Muford]

While most players are broke after they retire, Vincent Sharpei Jr. has one thing going for him. Some advice from his father. His father, Vincent Sharpei, is one of those players that went broke a few years after they retired from the league, due to poor financial decisions, of course though, when you give an 18 year old that kind of money more often then not they are going to go broke. Instead, though, Vincent Sharpei Jr’s dad has helped him out tremendously, he’s been investing in a bunch of stocks, while that is still an issue due to the possibility of the stock market crashing, he has a goal to head towards. As well, Vincent Sharpei Jr. has been putting away about 75% of his paydays every payday just to make sure he has a nice little nest egg to fall back on incase some shit goes south. So, to recap what Vincent Sharpei Jr. is doing, 75% of his paydays go into savings, about 18% goes into stocks and bonds system, and 7% he keeps into his accounts as play around with money. You never know what you’re going to get with that play around money, and if Vincent Sharpei Jr. can’t afford it with his play around money, then he doesn’t get it.

(216 words)