Bboystyle
FIRE MATT LAFLEUR
this logic
Logic says in 10 years u make the 2 million by taking the 4k a week. unless u an old or ill nikka, u be dumb not to take the 4k a week
this logic
100k the first year. You would make more every year after the first year. To figure out how much a 5% yearly return will cause it to grow overtime:
y=2000000x(1.05)^t
Where t = time (years)
In 10 years that 2 million would turn into $3,257,789.25
In 20 years it would be $5,306,595.41
Just an example. 5% is modest. In Cali, you can flip 2 mil in many ways.you're assuming compounding vs spending the 5% on living. To be comparable, he would need to assume the 208k per year invested at 5%
Care to provide a few examples :jbhmmdup:Just an example. 5% is modest. In Cali, you can flip 2 mil in many ways.

IF you could flip 2M you wouldn't need it now.i have no idea what the universe has in store for me in 10 years. honestly i would rather not wait for it.
i can just easily take the 2m now... flip it... and enjoy it.



when them checks come on friday.


i see alot of back and forth, people think investing 2m is a really easy task.
really underestimating how cruel the market it and how it's easy to start a small business and take some heavy losses. As someone mentioend, you put your money in the market back in 2008 and might have been wiped cleaned out (then again if you held most of the good stocks, you'd be up by now).
there's no safe investment and 4,000 a week could easily turn to 50 years, which is 10m . If you can flip $2m to $10m in 50 years then it's a good idea...if you dont' trust your financial prowess, 10m isn't something to turn down. You can even keep your job and and supplement the 4,000k a week.