Cumia bankruptcy analysis
26 2019-09-04 by LTsearring
I think I've seen something like this before but has anyone tried to math with known figures and assumptions of how long until anthony is completely broke. If he has anyone else managing his money through investments, maybe it wont be until hes ready to be forgotten in a nursing home.
5 comments
1 daveyistheman 2019-09-04
Don't forget all the money AntH is spending on Low T Joe's testosterone treatments. That shit ain't expensive.
1 The-Cumia-Prance 2019-09-04
Tss he should be fine then
1 tjdon 2019-09-04
IF he left some cash in Apple stock and with a manager, he's good until the next downturn. If he is just full of shit, like he is about blackjack, then he is treading water now.
Just the basics, he spent 3 million on a house that he can't sell for 1.5 today. After the 3 million he probably spend another 300 grand guidoing the place up. Then he needs to pay 3 grand a month in taxes for the excellent school district he will never need and another 3-4 grand for utilities (he claimed 6 grand in the summer but he's a liar) . He apparently still has a mortgage based on his claims that he refinanced the house, so that could be anywhere between 3 and 6 grand a month. Security system, insurance, maintenance etc another $1,000.
He pays 5 grand per month for the studio in the city.
5 grand per month for JoeH and maybe another for Dawn.
He hosts every party, holiday and poker game plus the expense of having a girlfriend 1/3 your age. Add another 4 grand per month.
He gave away half of his biggest payday to his ex before he even earned it.
When he got divorced he had $40 grand saved in the bank and lost it. 40 grand in total savings for a 40 year old professional, after one of the best stock market runs in history? I'd say he's pretty stupid with his finances.
So at his peak he had 8 million, blew well over half of that and is currently spending 30 grand every month. He might be bringing in about 10 grand per month with the podcast, but it seems most of that goes towards boat payments and payoffs to sexual assault victims.
Based on this analysis, he is losing 300,000 per year of his 3 million which gives him about 10 years from the day he was fired to blow every last cent. He has cut out the cruise vacations at least, those were 10 grand twice a year and instead sleeps on Keith's boat. I'd say he's starting to panic a little.
1 JoeCumiaWearsDIAPERS 2019-09-04
He'll end up where he started - fixing air conditioners.
1 unclepaulsbasement 2019-09-04
I don't think HVAC companies hire sex offenders