Marion Jones is Broke?!

June 26, 2007
By kenyanentrepreneur
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She made millions as a track star! where did it all go honey?!

Can we talk about financial management?

what would you do if you someone gave you $3 million dollars right now?

This is scary and it just shows why you need to learn how to invest your money and make it grow (you can’t just “hide” it in the bank & collect your 2%.)

I read somewhere that they call this being “nigger rich” (all these black celebrities who keep ending up in the poor house)

Emancipate yourself from mental slavery….dah, dah, dah….Phew!

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13 Responses to Marion Jones is Broke?!

  1. Sijui on June 26, 2007 at 10:19 am

    It always amazes me how Black folks are such terrible money managers! People don’t realize that a million dollars entitles you to live very ‘moderate means’. To be a millionaire you need at least $ 50 million that is self sustaining……having a lump sum $ 1 million or even $10 million still relegates you to middle class, the only difference you have an endowment which if INVESTED wisely can transform you in to a millionaire but until then you are still middle class and must act accordingly.

    I am always amused by AMERICANS who believe the $ 1,000,000 is the magic number…….sorry buddy it is $50,000,000!!!!!!

  2. coldtusker on June 26, 2007 at 1:44 pm

    Wasn’t it the court cases… lawyers & drugs… not a good combination!

  3. kenyanentrepreneur on June 26, 2007 at 8:59 pm

    Sijui:
    $10 million dollars is not middle class! (Yes, you can still lose with extravagant spending, but this is good chunk of change)

    CT:
    Welcome back! long time no hear. where’ve you been hiding?
    Lawyers took some of it, but heck….she should have hired cheaper lawyers (they’re plenty of them out there) and she shouldn’t have bought that $3 million dollar house when she only had $4 million in earnings.

  4. kinoo on June 26, 2007 at 9:41 pm

    I say she is ready for a playboy spread.

  5. coldtusker on June 27, 2007 at 9:11 am

    kinoo – Only if she has maintained her bod…

  6. kenyanentrepreneur on June 27, 2007 at 8:33 pm

    No guys, she’s not a blonde! no one’s going to pay her a million bucks (she doesn’t fit the euro-fantasy look)

  7. MainaT on June 28, 2007 at 5:28 am

    V sad, lakini easy come easy go.

  8. kinoo on June 28, 2007 at 3:08 pm

    Lets call a spade a spade. Those giraffe legs would draw an audience. I say with the remaining steroids, she runs right into the Mansion NOW.

  9. kenyanentrepreneur on June 29, 2007 at 2:14 pm

    If she keeps taking those steroids, she’ll end up looking like a man or like those Russians females athletes called “Inga” – when you watched them, it was hard to tell whether you were watching male or female competitors!

  10. Lakota private blog on July 9, 2007 at 6:13 am

    Lakota…

    I agree with you…

  11. Jake private blog on July 23, 2007 at 2:15 am

    Jake…

    IBM’s India Lab Develops Disaster Management Tool (PC World via Yahoo! News)…

  12. Chase private blog on July 25, 2007 at 5:08 am

    Chase…

    bibi dryn dryn dryn mmmmvvvuuuja…

  13. Ella private blog on July 27, 2007 at 9:25 am

    Ella…

    mumba matumba!…

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