Oprah & sudden Riches...

Reply #12

floridian — Mon, 04 Dec 2006 07:11:53 GMT

Let's face it name recognition sells whatever you want it too. Look at politicians, they spent more this off year election for a few $160,000 a year jobs that has been spent ever in any election. I believe the number was 1.1 billion, yes I said billion. If the average guy or gal knows who you are, you can gain power, fame and riches beyond belief. Advertisers think we all want to see and hear these people and hang on their every word. Yet, some of them write and speak like they did not get... [ More ]

Reply #11

guesser — Mon, 04 Dec 2006 06:11:05 GMT

PrisonerSix - you nailed it for me, too. When I was a kid, I had all the friends in the world when I got new 'Hot Wheels', but as soon as they got them, they were gone. Same for albums.

Jarasan - yes, you do buy Oprah stuff, it's called advertising/marketing/public relations. If you have her show on your TV for 1 minute, you just fit into her demographics, you helped push her ratings up, and you helped her be able to charge higher advertising rates for those that advertise on her sho... [ More ]

Reply #10

Feisty1 — Sun, 03 Dec 2006 23:21:04 GMT

Rachel Ray only got big AFTER being on Oprah! Yeah she had a little segment on the Food network, but then she went on Oprah's show. Now everyone knows her name

Reply #9

TheGameGrl — Sun, 03 Dec 2006 22:58:03 GMT

Perhaps I am mis-reading the contents of another poster who stated that those who never really had money are the first to lose it during a windfall. I come from the opposite view. Being raised with meager belongings and making ends meet, I gained the VALUE of MONEY EARNED. Its rare that I squander money but instead I treat it with regard. It may well be a means to a commodity but rarely does it change the goodness in ones heart. That comes from good upbringing and true friends.

I dont begrud... [ More ]

Reply #8

jarasan — Sun, 03 Dec 2006 02:07:14 GMT

How does that work? Is that before or after taxes? What does Oprah market? Who buys Oprah stuff? Do LP people buy Oprah stuff? I don't know anyone who buys Oprah stuff and I know at least 10 people. What is Oprah? The mirror is harpO. Where in the world is Regis? What about Brittany? Where is Paris? What do they do to make all this money? What do they contribute to society and the world? God only knows how these people generate the incomes they do. I believe it is by slight of hand and the gu... [ More ]

Reply #7

floridian — Sat, 02 Dec 2006 15:33:43 GMT

Sure it is because it is like giving a hog a wristwatch. If you have never had any money you do not know how to deal with it. In addition, people like Oprah and other millionaire/billioniares continue to make incredible sums year after year not just a one shot deal. If they make an investment mistake or spend too much in the wrong place it is covered by the next paycheck. I believe Oprah will maket somewhere between 200 and 300 million this year. The money she makes is like winning the bigg... [ More ]

Reply #6

PrisonerSix — Sat, 02 Dec 2006 15:22:25 GMT

I caught part of that as well. The homeless guy who got $100,000 said some things I agreed with. He gave money away to help some people but now that he has no money, those people wouldn't lend him $5 for any reason. That sort of thing would be my concern, that people will want to be your best friends when the money is there but will be gone once the money is gone.

It kind of reminded me of something from my childhood. When I was growing up, my family lived in a house with an inground swim... [ More ]

Reply #5

pumpi76 — Sat, 02 Dec 2006 15:22:03 GMT

If i had 5 million dollars I will buy houses in 3 countries and i will move to Brazil..I will have a house in Colombia, a house in Venezuela and another house in Costa Rica and another one in Panama...I will start a couple of laundrymat and let it supply me or my family in each of those countries and let my relatives and family take care of it...I will also hire a professor in those countries to come to my house and teach me mathematics science...

If i was to hit the lotto more than that, l... [ More ]

Reply #4

KY Floyd — Sat, 02 Dec 2006 07:10:59 GMT

Everything over the 5 million I WILL BLOW EVERY WHICH WAY I CAN, because you can't take it with you

That's the kind of thinking that leads so many newly rich people back to their working class roots. It's not so much the amount that makes me say it's poor thinking, but the the idea of not preserving the principal. What will the economy do for the next 20, 30 or 50 years? Right now inflation is low, but so are interest rates. Imagine a few years of high inflation followed by another period o... [ More ]

Reply #3

guesser — Sat, 02 Dec 2006 05:31:30 GMT

Tell ya what:

If I ever got lucky enough to win the lottery, I would put 5 million (after taxes) in a place that just paid me X dollars a month from 3 million of it, with 2 million in reserve - medical bills/insurance will be TOTALLY out of sight in 20 years, by which time I will be retired (or dead).

Everything over the 5 million I WILL BLOW EVERY WHICH WAY I CAN, because you can't take it with you, any one of us could have a stroke or aneurism as we sit here at our computers an... [ More ]

Reply #2

stavros — Fri, 01 Dec 2006 22:49:09 GMT

I guess if you are not used to being financially well-off that you don't have the money management skills needed to handle a large sum of money. The amount might seem so large to you that you may feel it will never run out. All of a sudden, your fortune is depleted. If I were to win big I know that I would have to have a financial consultant to teach me how to invest, what to budget for myself, and, overall, plan what I would need to do to insure that I remain well-off for many, many year... [ More ]

Reply #1

mind — Fri, 01 Dec 2006 22:45:06 GMT

Thank you pumpi76 for sharing that bit of information I'm watching oparh right on i seen a special on T.V. a couple of weeks ago about this same subject. (Mind

Oprah & sudden Riches...

pumpi76 — Fri, 01 Dec 2006 22:18:40 GMT

Guys i am watching a show on TV (Oprah) about people that because suddenly wealthy..They talked about a guy that won the lottery too..And an amazing fact that everyone should know that they said on the show is that 70% of people that become rich over night squander their money in a few years..Just thought everyone should know this fact..