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I have a lot of very close lifelong friends and I do not know the net worth of one of them. I don't know what my parents or kids net worth is. Nobody on this board knows Chads net worth. I do know enough that with the right investments the 60 figure or more was attainable with the amount he earned over his career.
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I own both and they do 10.12% and over 11% for me every year.
Just give this info to Chad Reed and he can invest more wisely.
Just my 2 cents.
It may be really high, anyway I do not care. I just post regarding investments, if you want to be:
super safe, that is 3%,
market, 5%
already risky, 8%
speculative, up to 20%
business owner/angel/poker type, can be 0, can be 100% year, can be more.
It all depends of the strategy, like at a poker table. For instance with a couple hundred thousands or $1M you can already consider you are safe if you live in rural areas, so if you want to make a lot then it is possible to have fun investing.
Not saying he is worth 60$ mill but has certainly been a very smart cookie when it comes to handling the cash.
No. the project will not be ready on time due to your delays of not being ready for my trade.
So, I can have it ready on Tuesday?
No.
WHY NOT?
Due to your delays.
DONT CHANGE THE SUBJECT. WHY NOT?
Delays
So you will have it ready on Tuesday?
No.
"rinse, repeat three, four more times"
OK, it will be ready on Tuesday.
FANTASTIC! You are the best. You always tell me exactly what I want to hear.
Monday afternoon we have to do this shit all over again.
At the time he won the outdoor title Reed did an interview with someone (can't remember who, maybe Matthes?) where he said he made more money that year from his investments than he did from racing (again his words). So it's not unfeasible that his combined income that year was in excess of $12m.
As others have pointed out, especially in Australia with property and resources stocks, there were spectacular gains to be made between 2002 and 2009, exactly the period when Reed's income was at its peak.
Based on all that, a net worth of $60m is certainly possible, even believable.
And with all respect to JT$, I agree with the other posters who've said that personal wealth is one of the more closely guarded secrets people keep. Those who are genuinely wealthy often like to downplay their wealth, and those who aren't often like to make they're better off than they are.
Pit Row
JT I give you props for trying...I guess you are a glutton for punishment.
no matter the number,i would take it and hes earned it.
you guys cant see the forest for the trees. whos name has a money symbol? theres the rockerfeller
He and Jono Porter having fun... RIP JP, one of the nicest guys I've ever had the pleasure of meeting.
Me watching Chad disappear into the distance...
I'm totally joking JT.... I have found it's easier to just shake my head at 99% of the knuckle heads on here, myself include!!!!
I for one am happy that both you and Matthes actually venture into the shallow end of the pool here on vital every once and a while to add a sliver of credibility to the info floating around in here!!!!!
Post a reply to: Reeds net worth 60million usd. JS7 & RC 20 million usd