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Cynthia Stafford's Home In Foreclosure and Bentley For Sale

Topic closed. 142 replies. Last post 4 months ago by helpmewin.

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Posted: June 4, 2016, 8:51 pm - IP Logged

Hmm. I wonder. 

Since Cynthia enjoys doing interviews I wonder if she'd agree to be interviewed by Todd. Not in a witchhunt manner, but I'd like her to be asked real questions. Her Marie Claire magazine  interview is a total sham.


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    Posted: June 5, 2016, 7:56 am - IP Logged

    If she's broke, why doesn't she just win again?

    She's from the right demographic that wins all the time anyway.

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      Posted: June 6, 2016, 8:53 pm - IP Logged

      Hermes Birkin bags can sell for almost $200,000 if you go for the tricked out ones with diamonds and exotic skins.

      So its my guess she spent the 37k on a Birkin??

      The problem with Cynthia was that she was spending like a billionaire with a millionaire budget.

      But she seems like a very sweet person I have to say.

      I thought you'd find this interesting. With all the talk about handbags, this one handbag costs more than Cynthia's entire bag collection. Now that's saying something. 

      Birkin bag sold at auction for...ready?

      Drumroll please Drum....

      US$300,000 

      http://www.architecturaldigest.com/story/most-expensive-handbag-birkin-christies?mbid=nl_060616_Weekly&CNDID=16019619&spMailingID=9020758&spUserID=MTA5OTI5ODk2ODMxS0&spJobID=940578403&spReportId=OTQwNTc4NDAzS0

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        Posted: July 4, 2016, 11:13 am - IP Logged

        That is not her boyfriend. That is her brother.

          Drenick1's avatar - villiarna
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          Posted: July 4, 2016, 11:24 am - IP Logged

          That is not her boyfriend. That is her brother.

          Are you referring to the guy named "hot Sauce" or someone else?

            MsLottery's avatar - Lottery-065.jpg
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            Posted: July 4, 2016, 11:43 am - IP Logged

            Are you referring to the guy named "hot Sauce" or someone else?

            No, not even close. You are referring to another lottery winner's boyfriend on a different side of the country. Cynthia Stafford's boyfriend is Lanre Idewu. The picture the previous poster put up is not Cynthia Stafford's boyfriend; it's her brother.

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              Posted: July 4, 2016, 12:12 pm - IP Logged

              Hmm. I wonder. 

              Since Cynthia enjoys doing interviews I wonder if she'd agree to be interviewed by Todd. Not in a witchhunt manner, but I'd like her to be asked real questions. Her Marie Claire magazine  interview is a total sham.

              This is a Good Idea !!!  >>> for TODD to Interview Cynthia Stafford for LP, regarding WHAT LIFE LESSONS she learned in the aftermath of winning $112 Million in the lottery in 2007 and ending up Bankrupt in 2016.

                mjwinsmith's avatar - moon

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                Posted: July 4, 2016, 12:38 pm - IP Logged

                No one in their right mind makes mortgage payments on a million dollar home !!! If you can't afford to pay cash for a million dollar home, you don't buy the home !!! Duh !!! Bash   Confused

                The only large payment she should have had on a million dollar cash home, was property insurance, property taxes, and normal monthly living expenses associated with the home. 

                So according  to YOUR logic everyone in America that takes out a mortgage for a home is an idiot ??

                After the housing crisis in America many people lost their homes because the Banks gave them easy access to money that they should not have been given under normal circumstances.

                Many people with good jobs or good incomes take out mortgages, depending on what happens in life, unexpected medical issues or a whole host of things can come your way that knocks you out of the park.

                A home is a good way to build up assets or cash while having a place to stay, it's a great investment, as a matter of fact the best investment for middle income people or just the average Joe to accumulate wealth.

                No one who is paying a mortgage paid CA$H, else they wouldn't go to a Bank to get a mortgage, DUH!

                 ~Michael

                "Don't be a Dummy, Make 'Dat Money"

                Mjwinsmith's Blog Page:   http://blogs.lotterypost.com/mjwinsmith/

                "How to Play My Pick-4 System": https://www.lotterypost.com/thread/306450

                  realtorjim's avatar - images q=tbn:ANd9GcT7U3t20NgScoPlxOqLT6TR0vQeJNBV3_tTswe1XeFDTsdw3NLZ

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                  Posted: July 4, 2016, 12:54 pm - IP Logged

                  So according  to YOUR logic everyone in America that takes out a mortgage for a home is an idiot ??

                  After the housing crisis in America many people lost their homes because the Banks gave them easy access to money that they should not have been given under normal circumstances.

                  Many people with good jobs or good incomes take out mortgages, depending on what happens in life, unexpected medical issues or a whole host of things can come your way that knocks you out of the park.

                  A home is a good way to build up assets or cash while having a place to stay, it's a great investment, as a matter of fact the best investment for middle income people or just the average Joe to accumulate wealth.

                  No one who is paying a mortgage paid CA$H, else they wouldn't go to a Bank to get a mortgage, DUH!

                   ~Michael

                  I believe the point destinyc was making is the fact of; if you win so much money why would you not pay for your million dollar home with cash, thereby saving yourself $35,000 a year in interest.  Some would say a person should do the mortgage and invest the money to make more than the interest cost, but the risk is venture failure, thus loss of home. 

                  I also do not believe DC was addressing the reasoning behind failed mortgages, just the logic of having the money (as Cynthia did) and being able to not have a mortgage, yet still opting to have one.  There is of course the possibility she did pay cash, was running low on funds, and thereby mortgaged the property, and ultimately again ran out of funds.

                    I'm feeling a jackpot win coming my way!

                    mjwinsmith's avatar - moon

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                    Posted: July 4, 2016, 1:20 pm - IP Logged

                    I believe the point destinyc was making is the fact of; if you win so much money why would you not pay for your million dollar home with cash, thereby saving yourself $35,000 a year in interest.  Some would say a person should do the mortgage and invest the money to make more than the interest cost, but the risk is venture failure, thus loss of home. 

                    I also do not believe DC was addressing the reasoning behind failed mortgages, just the logic of having the money (as Cynthia did) and being able to not have a mortgage, yet still opting to have one.  There is of course the possibility she did pay cash, was running low on funds, and thereby mortgaged the property, and ultimately again ran out of funds.

                    Read the quote, take out the word million and  substitute any amount you want, the basis is the same. If you can't afford to pay cash for a home then don't buy it.

                    That is nonsensical which is the point I am making.

                    "Don't be a Dummy, Make 'Dat Money"

                    Mjwinsmith's Blog Page:   http://blogs.lotterypost.com/mjwinsmith/

                    "How to Play My Pick-4 System": https://www.lotterypost.com/thread/306450

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                      Posted: July 4, 2016, 1:27 pm - IP Logged

                      If she's broke, why doesn't she just win again?

                      She's from the right demographic that wins all the time anyway.

                      What demographic is that exactly??? Cause since it's random...the only demographic I see winning is the ones buying tickets, and they come from ALL walks of life 

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                        Posted: July 4, 2016, 1:29 pm - IP Logged

                        So according  to YOUR logic everyone in America that takes out a mortgage for a home is an idiot ??

                        After the housing crisis in America many people lost their homes because the Banks gave them easy access to money that they should not have been given under normal circumstances.

                        Many people with good jobs or good incomes take out mortgages, depending on what happens in life, unexpected medical issues or a whole host of things can come your way that knocks you out of the park.

                        A home is a good way to build up assets or cash while having a place to stay, it's a great investment, as a matter of fact the best investment for middle income people or just the average Joe to accumulate wealth.

                        No one who is paying a mortgage paid CA$H, else they wouldn't go to a Bank to get a mortgage, DUH!

                         ~Michael

                        No one who wins $112 Million in a lottery should be taking out a mortgage on a $3 Million dollar home !!!  Duh !!!  Dead

                        My original comment had nothing whatsoever to do with  Middle Class Americans, a perceived housing crisis in America or building up assets in some manner.  In my opinion, unnecessary mortgages are NOT a good or wise investment !!!

                        Cynthia Stafford was elevated from "middle class" to "wealthy class", when she won $112M, however she did not remain in her new socio-economic status for very long, b/c her mind set for managing money apparently did not change.

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                          Posted: July 4, 2016, 1:40 pm - IP Logged

                          Read the quote, take out the word million and  substitute any amount you want, the basis is the same. If you can't afford to pay cash for a home then don't buy it.

                          That is nonsensical which is the point I am making.

                          "take out the word million " ......

                          "If you can't afford to pay cash for a home then don't buy it."

                          This is NOT the point that I am making !!!

                           

                          The point that I am making is that she could afford to pay cash [$112M] for a $3M home.  No mortgage required !!!

                          People who cannot afford to pay cash for a home obviously have to take out a mortgage.  This covers the majority of Americans.  And then we work the rest of our lives [20 - 30 years] to pay off the mortgage , when we would rather NOT !!!

                            realtorjim's avatar - images q=tbn:ANd9GcT7U3t20NgScoPlxOqLT6TR0vQeJNBV3_tTswe1XeFDTsdw3NLZ

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                            Posted: July 4, 2016, 1:49 pm - IP Logged

                            Read the quote, take out the word million and  substitute any amount you want, the basis is the same. If you can't afford to pay cash for a home then don't buy it.

                            That is nonsensical which is the point I am making.

                            I do not believe DC is talking about the average Joe or Jane.  It is the person who has tens, or hundreds, of millions of dollars.  The theory being stated, if you have that amount of cash you shouldn't require a mortgage.  So yes the word million is necessary and not able to be substituted in this instance.

                              I'm feeling a jackpot win coming my way!

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                              Posted: July 4, 2016, 1:57 pm - IP Logged

                              BTW, a $3 Million dollar home is considered inexpensive in California [CHEAP actually] !!!  This is a starter home for most "lower class wealthy people".  By "lower class", I mean those at the bottom of the wealth totem pole. By California standards, "wealth" or "comfort" starts at $1 Million [lower] and goes upward +++.

                              I lived in California for 10 years.

                              Anything beneath $1M is still "Middle Class". 

                              You can still be comfortable enough living in a middle class $800,000 home.

                              Perhaps Ms. Stafford should have purchased a middle class home for Cash, with NO mortgage.

                                 
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