People on GFY who claim to be Ballin' / Rollin' / loaded....
 

I watch more and more threads on here with people claiming to be such players, so rich, counting cash all day.

We all know in many case its not true, but I wonder if those folks even own a home? And if they live somewhere where homes cost 200k, that doesn't count...thats less than a car payment (nothing wrong with that...I wish I lived somewhere where home prices were more reasonable than they are) but in terms of claiming BALLER status, I think home ownership should be AT LEAST a prerequisite, no?

Its considered the First step in being a successful adult, is it on GFY?

While I agree 99% of GFY makes less than $100k per year (and 99% of that 99% wont admit it) ... there are still people who rent mansions.

He'll Rachel Zoe is renting a 7,000 sf mansion that has to go for at least $8 million and she has 20 or 30 employees plus a new clothing line that is getting amazing attention. Before the move she was renting on a high floor in Sierra Tower.

you must be new lol

I roll every single day.

lol, not really. Ive owned for years.

Im not easily annoyed, but i see these threads and its hysterical. Grown men telling each other they are "counting stacks or straight ballin" I guess anyone can claim said "ballin status" but it seems like this might be one way to prove it, no? Anyone can make a payment on a nice car. Usually ownership of real-estate is a good starting benchmark of fiscal responsibility and at least SOME line in the sand to claim a fair amount of equity.

I see what you did there :hi

So you have a $1100 car payment?

I own commercial property for the majority of my income but haven't owned a home in 15 years. Commercial rents have been a better investment than home ownership. I'm far from a baller but for numerous reasons place no value in owning a home.

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I know this one dutch guy that own a leerjet, french chateau and he's dating Brad Pitts ex-girlfriend. Dude is big time baller in this biz.

There are more than a few Jets on this board. Not guessing about that either, lol

Thats about the payment on the lease of a $55,000 car. Thats a very average car payment.

I have 3 cars in my family, 2 are less, one is more. I guess it all evens out.

GF owns all the houses, I only own one house, near a big lake, I can see two glaciers from it. Nice place, but I don't live there.

Sounds beautiful !

Generally the more they claim to be big ballers, wealthy with famous friends etc, the more assured you can be that they're fat losers sitting in a rented apartment driving beaters. Seen it a thousand times, they always get exposed sooner or later. Not that this ever stops them or shames them in the least.

Jason= AZ to SD?

The big surprise is when you see them at shows. They look like they buy their clothes at Walmart.

The big guys are the billers. Mallick was one before he blew it. Never ever met a sponsor who made anything like what the big offline porn guys made.

http://farm4.static.flickr.com/3204/...0657cb6c0b.jpg

http://www.kicktickets.com/wp-conten...geles-CA-1.jpg

http://i.dailymail.co.uk/i/pix/2010/...55_634x422.jpg

These are some of the high rollers in porn.

A few years B4 I started @ DTI Cash. The boss took everyone and their families to Japan :)

300 employees :pimp

I applied for food stamps on Monday and just praying that someone offers to buy me out.

That must have cost quite a bit.

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That seems really high to me, but to be fair I'm a loser who ain't got no car payment.

Seems high to me as well.
But,I would NEVER lease a car.
Always buy them outright.

I wouldn't consider home owner as "baller" status. I own my own home and I am not a baller and on the flip side some "ballers" who really did piss away millions of dollars never purchased a home, just rented something expensive and threw their money away.

Most "ballers" people who actually made millions would spend the money as fast as they made it.

If you want to gauge "ballers" then judge them by a stat that is important to them and something they pissed away a ton of money on, how big their garage was and how many cars they owned.

People on GFY are first judged by their cars, not their homes. No one cares if you own or rent or how big or nice it is, they want to see how expensive your ride is and then the ballers are the ones who own 3,4,5 even 10 "trophy cars".

$1100 x 48 is $53k - Isn't a lease for like half the value of the car?

I just bragged about making $1,000 in adult last month. So, I'm not baller, I'm not rich, and I don't sit around counting cash all day, it only takes me around 45 seconds to do that. But, as far as home ownership being a benchmark, I'd like to comment on that.

This isn't the case for everyone, certainly. But, I worked a sales job that allowed me into homes that you would believe wealthy individuals owned. Once inside, you would find no furniture, bare walls, and some crates for sitting and eating. They couldn't afford furniture after buying such a home, I saw this at 3 different homes. More than 3, but I don't know how man, all had to drive beat up old cars, let their pools turn green, their landscaping overgrow, and other such measure because after buying such a large home they had no money left. Those people are probably not living in those homes anymore and not the ballers you would believe them to be.

What is even more sad then grown men braggin about their "stacks" is grown men braggin about some "famous guy" they rubbed elbows with making them sound like a high school girl ( hint Kfizzle)

for all the ballers and high rollers: I'm damn poor and can accept your money. Just remember: "Again I tell you, it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God" (Matthew 19:24) So think about it: I'll be saving your immortal soul facing the flames of Hell... and I'll do it for free! :thumbsup

Quit stalking Kev, damn.

Dutch guy living in a chateau in France? Mmmmm :1orglaugh

HAHAHA... had to get my shot in there. It is true after all. And it's not "stalking" I didn't follow him into this thread. It's "hatin" bro. I'm hating on him :)

Didn't you feel pathetic typing that?

Email me.

from what I can tell success on GFY is having an imac and bmw 325i :2 cents:

There is nothing wrong with leasing a car, depends on what bracket you are in. I have leased for years.

A couple of years ago, got off the leasing merry go round, who knows if I'm better off or not?

So I own a depreciating asset, it depends on how long it will run trouble free, after its been paid off :winkwink:

And a porkpie hat?

yeah an $1100 car payment is pretty average. my caddy lease was $20K down and $340 a month for 2 years at 15K miles per year... to buy the car would easily be $1200-$1500 per month depending on time and down payment

I make it rain pennies at the strip clubs

Maybe -- the last car payment I had was on my S2000 back in the day and it was like 4 bills.

someone doesn't understand that money is simply buying power.

if you have the same home, and 2 people are both where they WANT to live, and one costs $300K and one costs $2million due to location - who has a better standard of living? who has a better life? Who has to work harder or smarter to maintain their standard of living?

in the end it's about the life you lead. thinking it's just about the dollars is stupidity. dollars matter, but there are other factors too. Standard of life to me is the most important.

In general I've personally known and been friends with many millionaires (not that I am one or ever have been). Most of these people are from Wall Street, independent investors, private business people and software industry (I've never known any from 'adult').

From what I've learned over the last 15 years, is that when payday hits, one needs to be as frugal as possible during that cycle. Probably 90% of these folks who were rolling in it 10 years ago, are dry and barely making it today, or at a GREATLY reduced rate. My observation is when you're on top, live like nobody would know it, then when the cycle turns against you, you'll have enough to hopefully continue living at close to the same conservative level. Because the 'up' cycle NEVER lasts indefinitely.

When I see people obviously living large, putting on bling, limos everywhere, leasing big houses, etc... well I know that probably in 5 years or less they will be in for a big fall. I also know that folks who are REALLY doing well financially typically don't go around trying to convince people that they are... there's no internal need for it. They are among the most quite and unsuspecting.

soo true - i started owning again, and had $5k in repairs this year alone. there is something to be said for always driving new and not having to haggle on resale price

I agree and what you described is about 99% of the people here who actually did make a substantial amount of money over several years and then have had the gravy train stop.... they go broke.

Basically it's living nig-ga rich. They don't have any money, one day they start making a lot so right fucking away they have to go buy all the nice shit they could never afford. At the end of the month they not only do not have any savings left over but they didn't invest any of their income into making them more, passive income. The phrase " let your money work for you and not you work for your money" is an alien language phrase to them that they can not read much less comprehend. As the money was pouring in it was about trying to show off, live large and just assume it would last for ever.

Some say "easy come, easy go" but I am sure some of these people did work hard, they just had no clue of how to manage their money. The more they made, the more they spent and they didn't have the foresight to understand about investing or that it may not last for ever.

Who here has accomplished that? Who made millions, invested it wisely and is now making tons of money, passively from their investments and would still be a "millionaire" if their online income stopped tomorrow ?

Funny you mention that. I've been playing with the idea of selling mine and renting when I need one. I never use it and occasional renting would be much, much cheaper. Can't decide if I want to give up the "convenience" or not.

Oprah used to do that with her HARPO staff every year. 400 employees plus a guest for a week, all expenses paid resort style.

I almost got a guest spot on the Hawaii trip a few years back with a guy that was crushing on me but he ended up taking a closer friend/girl.

I dealt with it by photoshopping my head over the girls in all photos with Oprah and uploading them to Facebook and tagging my friend. He untagged himself.

For some reason that made me think of quiet and how he was conservative and never got the decades to enjoy it. :(

quiet played hard. Definitely died way too young, but he knew how to enjoy his fruit.

there are a few

its more fun than living cracker rich :thumbsup