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

How should my teen invest $150K?

Dear Dr. Don, My son will turn 18 years old in December. He has $150,000 from a settlement now sitting in the bank. What is the best plan to pursue for investing this money? Is investing in precious metals a good way to... Read more

advertisement

Blog

Dr Don Taylor

Earnings season, investing and you

Should individual investors try to anticipate financial results in an earnings report?  ... Read more

Partner Center
advertisement

Connect with us