i would assume doubling his money refers to gains on investments not the total amount invested.
I would think so as well, but the article sure sounds like listening to a financial advisor with a 1% asset under management fee. A bunch of numbers that alone sound impressive, but might not be quite as such when compared to other metrics. He entered the NFL in 2009. The market has tripled since 2009. If the point of the article is to show his investing genius, I am not convinced of yet.
And then there was this:
""To sit here and say I've played for eight years and made this much money, I was in a couple investments for five years and kind of made the same amount of money," Quin told ESPN. "It's kind of like having a double NFL career, you know.""
followed by this:
""So far, the strategy has worked. Quin and [financial adviser Humble] Lukanga estimate a five-year projection where his private portfolio could match the money he has made in the NFL. When his contract expires after the 2017 season, Quin will have earned more than $21 million, before taxes, in his eight-year career."
So he "kind of made the same amount" after 5 years, and then he "could match" the amount he earned in the NFL 5 years from now. Which is it, did he make it in 5 years, or he WILL 5 years from now (12 years from the start of his career). It almost sounds purposefully confusing.
Of course, I not have an NFL contract. I do believe I still have my NCAA eligibility, so that is nice.