Ravens Lineman Retires Because Of CTE Study And Symptoms

Fryowa said:
Average career length is going to plummet I would think. Get in, grab a couple million, and get out.
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League minimum is what $500k for a primary roster spot. That's minimum, if you are even reasonably smart with your money, take home about $1.5 mil after 5-6 years(at minimum)....hell, at 5% your pulling $75k as a 27 year old without touching the principle. Course, that's me talking as a 41 year old....at 22 I'd be rolling a sweet ride and making it rain up in the club....
 
HawkeyeWalker said:
League minimum is what $500k for a primary roster spot. That's minimum, if you are even reasonably smart with your money, take home about $1.5 mil after 5-6 years(at minimum)....hell, at 5% your pulling $75k as a 27 year old without touching the principle. Course, that's me talking as a 41 year old....at 22 I'd be rolling a sweet ride and making it rain up in the club....
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Earning 5% over the next 20 years might be tough. Footballs aren't the only things that deflate.
 
HawkGold said:
Earning 5% over the next 20 years might be tough. Footballs aren't the only things that deflate.
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While it's true, a long predicted "lost decade"(where the market falls like '08 but doesn't rebound for 10+ years) could happen, would be a tough go for anyone in their upper 50's or 60's at the time it happens.... a 117+ year history would suggest any 20 year rolling avg of even a simple S&P index portfolio would overall avg much greater than 5%(even the absolute worst case scenario of investing right before the Great Depression yielded a 2.5% return avg for the next 20 years.)

The Best and Worst 20-Year Returns in Dow Jones History (since 1900)
What were the best and worst 20-year periods to own stocks? Well, if you bought in:
  • 1941: the return was about 15% per year for the next 20 years, or
  • 1979: 18% annual return
The worst years to buy were:
  • 1928: the return was about 2.5% for the next 20 years
  • 1958, 59 & 61: about 5-5.5% annual return
Of course, this doesn't account for inflation....but it also doesn't account for the benefit of weighted dollar cost averaging. That said, past doesn't account for future...

There's always the lottery I guess...

WW3 or zombie apocalypse might make it all moot...

Still my point is starting your mid 20's with a couple million...
 
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HawkeyeWalker said:
ys the lottery I guess...
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I don't disagree overall. However, if you'd invested 100k in the Nikei in about 1995, you'd have 25k today. If it weren't for immigration, we'd look a lot more like Japan. The US just hit an historic low on birthrate with a way higher percentage of births coming from women in their upper 30s and 40s. The opportunities for young people just aren't there. Boomers aren't going to keep investing in risk. Some think hyper inflation is around the corner. Except for how fast technology changes, I expect we are entering something more similar to the Long Depression, not the Great Depression.

Another word for depression would be deflation.

Back to football, yes your scenario would be nice problem to have. When you have more money to risk, you can make more money.
 
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