Life Changing Mindset
What do millionaire atheletes do with their money?
My bank boasts that my deposits are insured up to $100,000 dollars. So do rich people have to split their fortunes up amongst a thousand banks? I invest in a 401k and an IRA, but seriously, if you're making $42 million a year (like Peyton Manning) why invest at all. I know that the tax codes for this sort of thing must be mind-boggling when you factor in the charitable donations and endorsement deals, but are there companies out there that cater to the rich, with special deals and so forth? How do you protect a $200 million fortune? just curious.
Public Comments
1. You just totally confused me! lol but maybe they have like bigger bank accounts or even better there house and furniture is mad of money!!!!! lol2. Dog fights.
3. some people like bill gates will end up giving it to charity when he dies.
4. I heard about the Swiss account where most rich and famous and high powered politicians keep their money minus the scrutinising by IRA and such. Others such as trust fund are famous also and if it were me, I'll spend it like there's no tomorrow.
