2 million bucks right now, or $4,000 every week for the rest of your life?

[Miles Davis]

I’ll take the 4K if I ain’t gotta worry about no govnt giving me the money then I somehow mysteriously die

 

[Scott Larock]

4k easily, you can live pretty good off 1k a week now. nice place, decent car so 4k a week would be lovely.

think of it like this.

a single man

1500 nice 1 bedroom rental in a good. area, 600 a month for a decent 3 series bimmer. stack 1 g a month to save.


honestly that's pretty good right there and you'll be dating pretty easily.

4k would be bananas

 

[Goat poster]

2 million because tomorrow is not promised. Yall gotta recognize the time value the 2 million upfront as well.

2 million.

Tomorrow's not promised. I can just build on 2 million more so than 4000 a weed

In this scenario (from the OP) your guaranteed to live at least 25 more years.

 

[BrehWyatt]

4K weekly. Not sure how this is even a discussion.

Granted, I'm low maintenance, so.

 

[Megadeus]

But the OP says we're guaranteed 25 more years of life either way.

oh shyt, true my fault

 

[Ohene]

my bad. if 25 years of life is guaranteed then i believe the 4000 looks better. formulas might be off but......

(((1+.05/52)^1300-1)/(.05/52))*4000
= 10.3 million

2,000,000*(1.05)^25
= 6.7 million

it all depends on the yearly return you can earn. If the annual return is above 12.5%...the $2 million up front becomes a better option.

 

[Liquid]

2 million upfront to build a payday loan empire and legally rob the poor.

 

[lotteryplaya]

They are called Freeports I couldn't find the tv show clip but I think this one in Geneva is the same one. The other video talks about a Freeport in Luxembourg.

I probably would buy a painting. 2 years later that shyt worth 4 million. Few years later that shyt worth 8 million. Couldn't wait to give that shyt to my children.

I saw on CNBC a warehouse overseas that rich people from America store their paintings and never pay taxes. You leave it there for years until its worth more and then sell it for all profit. No taxes of any kind unless you are dumb enough to try and bring it into America.

Crazy shyt. Probably in the Cayman islands

I am on demand right now looking for the episode but I think it was Switzerland. Rich people hop on a flight and visit their money in the Swiss banks and then see their paintings in the warehouse.

 

[Perfectson]

Why you assume you invest in the market and not real estate?

real estate crashes too

 

[Perfectson]

Where are you finding 8% interest rates..... pls tell me

8% interest rate is the rate you used to discount future cash flows to present value. Also called discount rate. It could be your WACC , which is a mixture of different debt and/or equity instruments.

Instead of being a smart dumb negro ,why don't you read a finance book?

 

[spencerforhire]

I make about 3k a week now, yes you do live comfortable but your still far from rich.

Just give me that 2 mill. I'll invest some of that money in multiple town houses and condos. Then lease them all out to different families at a fixed monthly income. Then continue to earn my own income through work or start up a small business.

I can't sit in my house all day and chill like a bum. I'll go nuts.

 

[Kami]

2 million I'm not living on no allowance. U ain't a threat with 4 a week

 

[Malta]

Everybody on here talking like they Warren Buffet is exactly why athletes with a lot more than $2 million go broke.

 

[ignorethis]

2 million easy

 

[YouMadd?]

I'd literally do the same thing with both scenarios and it would be based on how I budget myself and my income in general. I literally wouldn't change a thing from how I live right now. I'd just apply my budgeting percentages to whichever amount I chose.

40% ---would go to living expenses/necessities
30% ---in the Light Longterm savings account for future big fun expenses and/or emergency
10% ---in my investment portfolio to never be touched:
Biotech ETF's
Vanguard long term ETF (Gold)
Wisdom Tree
15%---for play money(guilt free bullshyt spending)
5%---for Education and self improvement