investing

5 money-losing investments by NFL players

Dez Bryant sued for nonpayment
Dez Bryant sued for nonpayment

Dallas Cowboys wide receiver Dez Bryant has been making headlines for off-field issues since college. Earlier this year, two jewelers alleged Bryant owed them more than $800,000 for jewelry, sporting event tickets and loans, according to USA Today. He settled one lawsuit, but the other is ongoing, WFAA-TV reported last month.

Chasnoff works with athletes to help them avoid excessive spending and to figure out how much they can afford for housing, food, clothing, entertainment and investments.

"These are habits that any individual needs to get into," Chasnoff says. Even athletes flush with money need to pay monthly costs like gas or electric bills and allocate funds toward long-term wealth management before spending cash on leisure and investing projects.

"Most people will be financially stronger if they live within a plan," Chasnoff says.

advertisement

          Connect with us
advertisement
CD & INVESTING NEWSLETTER

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

CDs and Investment

Need to invest $3K for the long term?

Dear Dr. Don, What's the best place to invest $3,000 for the long term? I'm interested in earning the best rates with low or no fees. Thanks, -- Cheryl Compounds Dear Cheryl, You've got (at least) three questions to... Read more

advertisement

Blog

Dr Don Taylor

Frugal living to build wealth?

What I'm not sure if we should admire Read for the size of his estate or feel sorry for him because he didn't use his wealth during his lifetime for life goals.  ... Read more

Partner Center
advertisement

Connect with us