50 Cent 'Admits' To LOSING MILLIONS `In Stock Market

by **J The Kidd** Mon Dec 01, 2008 12:18 pm

If you let 50 Cent tell it he's "Got Money." That may be true, but in a recent interview with The Canadian Press, the rapper revealed that he too is suffering from the effects of the poor economy.

According to reports, 50 put his 19-bedroom mansion, formerly owned by Mike Tyson, up for sale last year. Despite it's 37 bathrooms, 40 person hot tub, and stripper poles, the $18.5 million abode has failed to secure a buyer. In a twist of irony, the rapper says that the fate of it's former owner has been making him more aware of making good financial decisions.

"I'm waking up in a room that was previously Mike Tyson's bedroom, a fighter who earned over $500 million in his actual career, and when I purchased his house from him he was in bankruptcy," he said. "If that's not a strong enough reminder for you, I don't know what's going to remind you to be aware of where you are financially and make conscious decisions."

Although he is cautious, 50 says that he has not been able to protect all of his bread, as he has lost millions in the ailing stock market.

"Well yeah, I lost a couple million dollars already; you see what I'm saying? I sit with my investors and business managers and accountants looking at the numbers and I'm like, 'Yo, the values of stocks in different areas that I invested in are decreasing!' So I take the loss like everybody else."