View Single Post
  #112  
Old 01-23-2007, 10:52 PM
NorthernGuy NorthernGuy is offline
Senior Member
 
Join Date: Nov 2004
Location: Great White North
Posts: 389
Default Re: The Well: Adanthar (1/16/07)

[ QUOTE ]

Adanthar,
Don't you think this can apply to people of all ages who come into money quickly through poker ie Chris Moneymaker etc?

I know many people under 22 who have tons of money yet manage it very well. While many of them spend 4 figs at night at a bar on occasion they also have 100's of thousands invested or saved.

[/ QUOTE ]

I'd like to know what you think about this Adanthar, as I truly don't believe this is accurate. I don't know of many young people 22 or under that really even know what it's like to work to have a roof over you head and food on the table, let alone put much of these winnings into investments. Anyone that goes out and spends four figures at a bar isn't of the mindset to save and invest. I think most are in for a big surprise if/when the poker boom busts.
Reply With Quote