Earn Your Leisure
How To Not Go Broke After Hitting A Big Payday
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:14:11
- More information
Informações:
Synopsis
In this insightful clip from Market Mondays, Rashad Bilal and Troy Millings dive deep into the financial playbook for college athletes navigating the new world of NIL (Name, Image, and Likeness) deals. Discover the real stories behind multi-million dollar agreements, the impact of high-profile transfers like Captain Jack, and learn why some student athletes are out-earning everyone on campus except high-profile coaches!Rashad and Troy break down the best strategies for young athletes and their families to protect and grow their money, including:The importance of long-term investing: Find out why splitting money between index funds, big tech stocks like Microsoft, and even Bitcoin could potentially turn a $1 million NIL deal into $8 million in under a decade.Avoiding financial pitfalls: Learn why expensive cars and “entourage” expenses are the fast track to going broke — and how street agents and advisors can eat away at your earnings with hidden percentages.The power of deferred income annuities (DIA): Get th