How about instead of wasting your money on a fucking video game or whatever, put it into an IRA account. I'm 18 and if I were to put $50 into an IRA account right now by the time I was in my mid 60's that account would have around $20,000 in it. $50 - $20,000. Quit wasting your money on pointless ass shit, for real. Read some books and make money. Let compound interest do the rest.

makes sense....next year imma do dat shyt....

__________________
"You're the waste of L.A./get blast up in LA/face down, ass up in LA/you the Crocodile Hunter, I am the sting ray/"
-Ras Kass Diss To Gayme

"Game was a G-Unit Groupie, if they made a flick of bitch ass niggas he'll be in the movie"-Banks Diss To Gayme on BET

yeah, some people r so stupid when it comes 2 money. im cheap az fuck, instead of buying food at skool n shit i save my money and go hungry, lol. and people waste so much money on weed, ommfg, im not complaining tho but god dam. werd

__________________
R.I.P. EAZY-E

It'll be less than that, taking into account the inflation of prices...

It won't be that much less than $20,000. It wasn't that realistic of an example though, so it's all good. Who the fuck only puts $50 into an IRA account? Ahaha, if you're smart enough to get an IRA account then you're smart enough to add more then 50 fucking dollars in it over fifty years.

yeh....but when I'm 30 I'm worth 3-4 mill ne ways....

Ima keep buyin 360 games

Of course it makes sense. If you put $50 in when you're 18 you'll have $20,000 when you're ready to retire. If you don't add ANYTHING else to that account over the fifty years that you wait for it to grow, you'll have around $20,000.

Imagine if you put in $50 a week, or every two weeks, or every month after you get a decent enough job. Or, maybe you want to up it to $100 a month or more. There are no limits. If you live below your means and invest your money in something worth while then you're financially set.

Newsflash..

20 grand isnt that much these days...........

Invest money in owning a business and taking a course... Your returns will be far higher as long as your idea is good...

__________________
RIP jono, peace out bboy.
Pardon Canada Criminal Record Pardons Services Toronto

Newsflash, I never said $20,000 was a lot. I said if you put in $50 when you're 18 by the time you're in your mid 60's you'll have around $20,000 and that's a hell of a lot better than $50. I don't need help with my money. Believe me. I just laid down a basic idea for anybody who cares.

There's so much more that people can do with their money, but it would take me literally hours to explain some of it.

havent u realized by now....

anytime u post summin intelligent....sum one has to come in and try to bash it....as a confidence booster within there own metality....

We all know your right....
And I apreciate the advice. But Im filthy ne ways....ya kno?

Fuckem.....your right....

Ahaha, I didn't type that up for somebody who's going to be set for life in a few years. I just know not that many people are going to make it in rap, so why not put a net under you so if you're one of the ones who doesn't make it you'll still be fine. It's not like setting up an IRA account (or a 401k account) is a lot of work, so why not put some money into one of them? For a lot of people (including myself) this shit isn't a game. . I may never be famous and I may never be a celebrity, but I when I'm 80 years old I won't be working a shitty job because I lived pay check to pay check my whole fucking life.

Don't take my words out of context and believe that if you put $50 into an IRA account now, by the time you're 65 you'll be able to retire off of that $20,000. You won't. You'd have to keep putting in money as you grow older and you should be fine (as long as you avoid going into debt and live below your means). I just thought I'd share with you guys how a small amount of money now can turn into a decent sized amount of money later. Maybe think twice before you buy that next 360 game and ask yourself what it's going to be worth in 10 years. . 20 years. . I promise you that $20,000 is going to be a lot more useful when you're 70 then a fucking Xbox 360 game will.

ur a thinker u....

but I rather save 5 grand and put it on a 20-1 shot

talking about money...i spent 7 dollars every 2 days for a pack of newports..and about 30 a week in weed dam...

__________________
"You're the waste of L.A./get blast up in LA/face down, ass up in LA/you the Crocodile Hunter, I am the sting ray/"
-Ras Kass Diss To Gayme

"Game was a G-Unit Groupie, if they made a flick of bitch ass niggas he'll be in the movie"-Banks Diss To Gayme on BET

Plus the fact that...you could die tommorow..why waste your life planning for a future that might not happen.

Wars, Death.. Happens constantly.

I live for today. You live for The Future.
That's Why I'm buying Games and shit.

__________________
iGhostwrite Mixtape DL

And that's also why when I'm 65 I'll be a millionaire and you'll still be bagging the shit that I decide to waste a few bucks on.