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.
But you are assuming that ppl taking the 16K monthly, wouldn't invest.
1st of all I wasn't making nothing before the lump sum came so I have a way to handle current expenses. Second if I didn't have that luxury like someone mentioned the 2 mill can be a down payment on a much larger business. I prefer doing biz vs the banks stupid return rates. With a steady solid business like even a franchised restaurant that people already go to a lot and has steady returns will give you immediate money
you can start a business with 4k/ week as well. You can have a franchise, do real estate, anything you want. 16/month is a lot of money to work with.
if you took 10K/ month out of your money you could buy a house every month, rent that out, and still hold 6 k per month to live....quite comfortably while collecting your rent or reflipping those profits.
except now you are using the banks money to work for YOU.
it's a much safer investment, and the money stacks up pretty, you will enjoy long term investment and equity and assets.
10K at 5% gets you a 200K house. you do that 12 times a year? and you are sitting on 2.4 Mil just in property. that is now being paid off by your renters.
and that means you STILL have your regular 72K coming in that you can live real comfortable off of.
that is just YEAR 1.
do the same thing in year two, year 3, year 4,etc.
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