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July 28, 2014, 03:28:10 PM
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Badmovies.org Forum  |  Other Topics  |  Off Topic Discussion  |  Weird News Stories  |  Ed McMahon fighting foreclosure on his Beverly Hills home « previous next »
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Author Topic: Ed McMahon fighting foreclosure on his Beverly Hills home  (Read 946 times)
CheezeFlixz
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« on: June 04, 2008, 08:57:51 AM »

With the kind of money this guy has made over the years, should his house be paid off by now?

http://news.yahoo.com/s/ap/20080604/ap_on_en_tv/people_ed_mcmahon
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asimpson2006
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« Reply #1 on: June 04, 2008, 09:22:45 AM »

I guess him trying to see if he wins the Publisher's clearing house grand prize drawing is probably not going to help him much here.
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Raffine
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« Reply #2 on: June 04, 2008, 02:08:32 PM »

I feel bad for McMahon simply because it's sad to see anyone, particularly someone who is elderly and in poor health, in this situation . . .

BUT

I've often been told I simply don't understand how things are for the (formerly) wealthy and how they are expected to maintain a certain life-style and such, but I know if I had made half as much money as McMahon I would have a home that was paid for and at least tried to squirrel some cash away - and not blown it on solid gold cigar clippers or whatever.

I guess I should have more sympathy for these celebrities who suddenly find themselves in such terrible financial situations - but I don't.

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Ed, Ego and Superego
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« Reply #3 on: June 04, 2008, 02:18:11 PM »

I don't either, sports figures and the famous should really realize that their fame is transitory and they should plan for when their star falls.  Save on a solid gold car and open an investment account.
-Ed
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