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Haley Reinhart Forum › Topics › Other Idols & Other Shows v
X Factor – The Final

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X Factor – The Final
01-02-2012, 04:59 PM, (This post was last modified: 01-17-2012, 03:03 PM by Miguel.)
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RE: X Factor – The Final


(12-27-2011, 10:29 AM)My Alter Ego Wrote: her future success is not a given.

(12-28-2011, 05:00 AM)John Brown Wrote: I don't know...if she invests that $5 million dollars wisely, it could assure her a rather lucrative future. Big Grin

(12-28-2011, 09:31 AM)My Alter Ego Wrote: OK -- let me clarify, her future success as a singer is not a given.. However, you are correct. Should she get herself a good financial advisor (or if she can do it herself), she could make that $5 mill turn into quite a comfortable future.

I don't know how they structure the 5M recording contract, probably not all paid in one year, but for simplicity sake, say she gets all 5M in one year. Let's just say the combined tax bite is 33%, which leaves her with only 3.3M after taxes and then other managers get a swipe too, say 3M net.

If she only got a 4% return per year on 3M it would = $120,000/year without touching principal. The reality is usually quite different from that...as most of the principal gets mauled with fingerprints. Dodgy
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Messages In This Thread
X Factor – The Final - by Miguel - 12-21-2011, 08:47 PM
RE: X Factor – The Final - by My Alter Ego - 12-21-2011, 08:55 PM
RE: X Factor – The Final - by Miguel - 12-22-2011, 10:19 PM
RE: X Factor – The Final - by midnightblues - 12-22-2011, 10:43 PM
RE: X Factor – The Final - by john - 12-22-2011, 11:32 PM
RE: X Factor – The Final - by Miguel - 12-23-2011, 11:43 AM
RE: X Factor – The Final - by John Brown - 12-23-2011, 01:29 PM
RE: X Factor – The Final - by buzzenator - 12-23-2011, 05:05 PM
RE: X Factor – The Final - by Miguel - 12-24-2011, 10:51 AM
RE: X Factor – The Final - by My Alter Ego - 12-27-2011, 10:29 AM
RE: X Factor – The Final - by John Brown - 12-28-2011, 05:00 AM
RE: X Factor – The Final - by My Alter Ego - 12-28-2011, 09:31 AM
RE: X Factor – The Final - by buzzenator - 01-02-2012, 04:59 PM
RE: X Factor – The Final - by Miguel - 01-02-2012, 11:39 AM
RE: X Factor – The Final - by john - 01-17-2012, 02:51 PM
RE: X Factor – The Final - by Miguel - 01-17-2012, 03:36 PM
RE: X Factor – The Final - by john - 01-17-2012, 07:08 PM
RE: X Factor – The Final - by John Brown - 01-17-2012, 02:57 PM
RE: X Factor – The Final - by Miguel - 01-17-2012, 08:42 PM
RE: X Factor – The Final - by Miguel - 01-17-2012, 11:12 PM
RE: X Factor – The Final - by My Alter Ego - 01-18-2012, 10:17 AM
RE: X Factor – The Final - by john - 01-18-2012, 10:56 AM
RE: X Factor – The Final - by My Alter Ego - 01-18-2012, 11:01 AM

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