The Divorce Fund: Speculating on Your Misery?
I have spoken candidly in the past and will gladly do so again, about my misadventures in the world of marriage. It's a world many foolish men enter, but few ever leave financially unscathed. Today, we look at yet another nail in the coffin of this once noble and righteous institution.
One year ago, Stacey Napp founded Balance Point. Not surprisingly, with money from her own divorce settlement. Balance Point is a divorce investment fund. It essentially ponies up its legal services for free (under the guise of a financial investment) and takes a percentage of the winnings, pardon... settlement .
Not shockingly, Ms. Napp's a career long finance professional with a Juris Doctor in tow. I suggest giving her a good thought the next time you're wondering why Wall Street is so fervently demonized in the media and why the word Bankster has become part of our modern lexicon.
It ain't all about the Bulge Brackets... it's about the idea that finance professionals are soulless, unscrupulous vultures willing to destroy people's lives for an extra penny on the dollar. That having been said, here's Ms. Napp's take on her noble project:
Everybody knows somebody where at the end of the day, the divorce was not equitable. We want to help those people, the underdog, to make sure they get their fair share. It furthers the concept of putting both spouses on an equal playing field.
Yeah, Stace...every man I know who's ever gotten a divorce has gotten robbed, raped and beaten by thugs like you. What equal playing field are you talking about, exactly?
The one where saying I do instantly entitles you to my blood, sweat and years?
The one where I can lose half just by looking at the nanny sideways and the one where you can hop from pool boy to gardner to mailman and still get cashed out proper?
Word to the Wise...
You can think of me what you want. Most of you guys are still at the age where you think the rules don't apply to you. Just remember that you've been warned. Marriage in the United States is a lose-lose proposition for the overwhelming majority of men.
Maybe you get to escape a fate of pocket siphoning, but chances are that you will be paying for your wife every step of the way. The bill will just come due after the best years of your life are behind you and she's well past her expiration date.
Modern day marriage is just another way of taxing hard working, successful and ambitious men. If you are really intent on getting married, do it offshore, somewhere where the law is not designed to steal from you as it is here.
Or better yet, start your own Divorce Fund or become a liquidity provider for Ms. Napp's. I guess this is your best method of hedging risk in a world gone completely batshit.