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

2 mil now, or 4K a week until you die


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Brandon M.

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y can't I can't i just invest 50k from my total 208k from the 4k a week option:yeshrug:... that would be the be the first year

id still get 4k a week , cake off investing some of it..and live a generous giving life.. creating generational wealth in the process... this is pretty easy
 

Blackrogue

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$4K a week is $2M in less than a decade

Anyone who picked the $2M deserves to stay broke :demonic:

The Two mill is worth more upfront and with interest rates and moderate investments it's worth much more weekly over it's lifespan.

This is a classic case of would you rather make a salary or have your own business where initially you have constraints and risks but it'll reach a point where you'll sky rocket past those guys who chose safety and moderate payments
 

Maschine_Man

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You don't even have to a financial genius. You can put the 2 mill in an account andthe interest will get to a point it's giving you more than that 4k a week
so what do you do until the money starts giving you interest?

live off nothing?
 

Houston911

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y can't I can't i just invest 50k from my total 208k from the 4k a week option:yeshrug:... that would be the be the first year

id still get 4k a week , cake off investing some of it..and live a generous giving life.. creating generational wealth in the process... this is pretty easy

Didn't you say you make 300k a year at work? Or was that @Swagnificent ?

208 is going backwards
 

iBrowse

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You don't even have to a financial genius. You can put the 2 mill in an account andthe interest will get to a point it's giving you more than that 4k a week
Ok fair...the highest interest rate to compound on a savings account right now is about 1.15% which is done on a daily interval.

I don't want to tie up all of my $2MM because I want to spend some of that newfound wealth now so let's say I drop $1.5MM in there...in 5 years my account will accrue to $1,588,776.47 so I made almost $89K.

Conversely, with $4K coming in weekly for five years I'm making a little over $1,040,000...though I don't have that initial $500K to play with.

Its still up to the person to be honest...how you want to spend/flip/whatever the money is up to your personal preference. I'd even wager that there are people who don't like putting money in banks lmfao.



 

moa213

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4k a week would be worth much less 25 years from now
That is as if you don't save or invest. And 16K in 25 years from now will still be a decent income in many states and countries. A lot of Americans retire with less than a million in their retirement account. And even high paying professionals with their SS and retirement money aren't clocking post tax 16K a month after busting their ass off over 20 to 25years of work.
 

Art Barr

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You'd be a fool if you took the weekly payout.

You can flip the 2 million easy.


Do you know any millionaires who flipped it.
All cause I know actual people who were stuck because the profit on a mill in most industries has been politicized out of wild profitability.

The hardest hustle to recreate is making a 1000 into another actual 1000, or and a double up.
So, the 4k a week is the better choice cause you can make more moves to the actual financial base source you have.
With just two mill you have no real wiggle room to flip it largely.
The 4k is less risk and more plentiful.
Plus, it is easier to find a place to trust with 4k as opposed to 2 million as well.
As banks steal little big bread like that two mill somehow and all the time.
I know so cause I seen and lived amoung it.


Art Barr
 
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Blackrogue

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Most people would be happier with a steady salary which is what 4k a week is. They'd be happy and comfortable and worry free.
Business people in the coli would all take the lump sum because we've already made that decision in our personal lives to go the route of investments and starting busineses because the rewards are exponentially higher.
 

TLR Is Mental Poison

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The Opposite Of Elliott Wilson's Mohawk
The Two mill is worth more upfront and with interest rates and moderate investments it's worth much more weekly over it's lifespan.

This is a classic case of would you rather make a salary or have your own business where initially you have constraints and risks but it'll reach a point where you'll sky rocket past those guys who chose safety and moderate payments
I'm still not buying the $2M

Say you're 30 now and plan to live to 75. That $4K/week = $208K/year. You'd have to net a ~10% return on that $2M to match that. S&P 500 has managed that or a little better over the last 100 years, but thats with hella ups and downs
 
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