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

[Houston911]

Could tell you haven't thought this shyt through at all.

Imagine that you have a sure fire, low-to-no risk way to flip 2 million into a lot more. The only problem is....


You don't have the money, just your untested idea.

No one trusts your idea enough to give you the money.

You and all your friends can't even pool enough together to make it happen.

Ya'all don't even have enough in assets and mortgages and shyt to get a loan for the money.

And apparently you don't even have some lesser amount of money, no $500,000 or $1 million or anything, that will still make the idea work.



So apparently you don't have wealth, and no one around you has wealth, but you just know how to make wealth. We just have to "believe".

Sorry if I'm skeptical.


People with real money know - there are high-risk investments with good returns and there are low-risk investments with low returns. There ain't no magic bullet. You dump your entire $2 million into one investment, like so many of these guys are saying, and there is a GOOD chance that you're going to lose a good bit of it.

If that weren't true, CDs, US Treasury bills, money market funds, etc. with 2% returns wouldn't exist. Yet there is a LOT of money in that stuff...because people with money know that there are a lot of other ways to straight lose your money.

Either you're getting a low return, or your money is at risk. You can't have your cake and eat it too.

And nowadays, between a US government system in shambles, global trade deals falling apart left and right, spreading nationalist leaders, climate change, and the specter of terrorism and wars we can't get out of.....all with a stock market AND real estate market which are both still wildly overvalued....

People with real money know how to make money from money

I agree with a lot of what u said, but the whole "you would already have 2 mil" is silly breh

 

[Obreh Winfrey]

They do both.

The flip game and the rent roll game are both avenues to wealth.

I really want to caution you against thinking that cash on hand is automatic wealth. If you get sued that cash is the first target. There's a difference between rich and wealthy.

they do both

Rent out a complex to generate profit, but he will sell that complex if the price is right

Right, but only if the price is right or if it's time to leave that investment because of a coming economic shock. But that money will just be reinvested into more income generating properties.

 

[Prodigital]

Thread further proving why Jewish ppl own all the property in America

Y'all wanna play the money ball, but first of all, 4k a week is more than enough. Let's just say for the first two year you saved like you made 60 a year before tax, you should have 300k in savings after the second year. If you can't work a property deal with 300k, or have the patience to wait a decade to have that mill with extra coming then your dumbass is bound to go broke anyway.

And that's for you coli certified real estate investors only. I can't think of any reason to take a flat two million unless you were terminally ill. 2 million is not enough at all

 

[The Mad Titan]

4k a week



Its not even debatable.

And the younger you are the more incentive it is for 4k a week. Maybe if you like 60 plus you should take the 2 million.

 

[moa213]

right,

but one is just the safer investment.

4k/week is just like having money already invested and you are living off that interest.
that money is fixed and continues to come in.

IMO, you are starting ahead of the game by doing that. because you don't have to wait for your money to come in AND, this money is already "pretaxed" where as any profit that comes from those other investments will be taxed.


In all honesty, the rental income is moot, because the real investment is having the renters pay off your mortgage.

Any small profits from rental will just go back in a holding account to cover any issues that come up with home ownership.

but this way, you are STILL taking home 6K/month. EVERY month. over the first year. again, that is only in one year.

sell a house? make a bit more, skip a month buy a better home.

shyt, in 5-6 months you'd have enough to buy a nice little apartment building, you can get a franchise off the ground.

you will have plenty of assets to leverage to get more money from the bank to invest,etc.

that is the snow ball effect just after 1 year.




plus, if ANY of these investments fail....well you are still getting 16K more next month, and then the following.

that safety net is there, and in reality , can even allow you to make riskier investments, knowing that your ass is covered for life.

This is the sensational feeling people fails to realize. When you can afford to travel and blow 10K in two weeks regularly knowing you're covered with stable income coming in. This is something someone with 2 mill up front would be skeptical doing it frequently because they got money to chase.

 

[Maschine_Man]

@Pink_Freud

At 4k a week you would earn about 200k a year.

What travels further and quicker, 2m or 200k?

Even if you wanted to play it safe and pocket 500k, which you definitely should, what travels further... 200k or 1.5m? Which is going to net you a greater return?

Can you still make money investing if you chose the 4K a week option? Absolutely, but it would be about 8-10 years, perhaps more depending on how much you truly saved and put aside... before you saw that same kind of profit.

By taking the lump sum you are starting ahead of the game. With the right real estate investments there's no reason you can't generate 200k by yourself that first year.

You keep doing this over the course of 10 years and your yearly income is just going to grow and grow, not to mention you own a shyt ton of properties that are all appreciating in value.

but remember, that 4k is tax free every week.

You have to pay taxes on the returns of your investments on that 2 mil. something some in here aren't factoring in.

but, remember, you can use that 16K/month and leverage that with the bank to use THEIR money to invest. thus increase your holdings without the risk of using all your money. (no reason you couldn't do that with the 2 million either, however, the 4K option gives you that safety net).


In all honesty, there are no right or wrong answers to this question. It all comes down to personality and the type of person you are, your family situation, etc.


I mean, shyt 4K/ week means I can put all my family members in a home, where they can now just pay off the mortgage.


200K a year, plus the 1.5 Million plus from the bank (in mortgages,etc.) can go pretty far. but that's just in one year.

you can do it again and again every year. But it's that safety net, and the fact that there is less risk and stress.

 

[Professor Emeritus]

People with real money know how to make money from money

I agree with a lot of what u said, but the whole "you would already have 2 mil" is silly breh

People with real money know that all high-return investments carry significant risk. Yet Coli posters with no money talking like they're just going to through that whole $2 million into one fantastic high-return investment that is going to immediately give them a fantastic living income AND grow like weeds AND isn't going to be at risk.

Like I said, if you know about a surefire investment like that, you would have already made your fortune on it.

IF you only care about making money, and you take the $2 million, and you're at all intelligent about it, you're going to be splitting it up. Part to live off of for now and part to invest in safely in a long-term low-return situation and part to play with in a high-return market. You are NOT going to be putting that whole $2 million in one place unless you already have money, are just plain dumb, or are okay with a safe place with low returns (even though you'd split it out). And whatever part you split off into the high-return market, you're acknowledging that you might not see a lot of it ever again.

 

[Arithmetic]

What if you choose the 4k and split with your wife/bm who birthed your three beautiful infants?

The courts know exactly how much you bringing in every week.:RodSurvivor:

They gonna forward those direct deposits to your ex and she's the one who is gonna become the next Warren Buffet.:BishopEddieLong:

 

[MrWestGrand]

People with real money know that all high-return investments carry significant risk. Yet Coli posters with no money talking like they're just going to through that whole $2 million into one fantastic high-return investment that is going to immediately give them a fantastic living income AND grow like weeds AND isn't going to be at risk.

Like I said, if you know about a surefire investment like that, you would have already made your fortune on it.

IF you only care about making money, and you take the $2 million, and you're at all intelligent about it, you're going to be splitting it up. Part to live off of for now and part to invest in safely in a long-term low-return situation and part to play with in a high-return market. You are NOT going to be putting that whole $2 million in one place unless you already have money, are just plain dumb, or are okay with a safe place with low returns (even though you'd split it out). And whatever part you split off into the high-return market, you're acknowledging that you might not see a lot of it ever again.

This.

People are taking this hypothetical question and adding variables, when in reality every persons situation is probably different. Most rich people don't use their own money to make money, unlike thinking applied by average people.

 

[Professor Emeritus]

Simple math, 2mil with a APY of 1% sitting monthly accumulating compound interest> 4K a week.

Your critical thinking skills are lacking, about as much as your jargon....

Did you make a typo there?

$2 million with an APY of 1% is only going to make you exactly $20,000 the first year, and that's only if you don't touch it and don't take any out. That's only $384 a week before taxes. You ain't getting even 10% of what the $4,000/week people are getting.

If you want to make an after-tax income of $4,000/week on a principle of $2,000,000......you need to be getting an annual return of at LEAST 12-13% on your investment. Again, assuming you take nothing out...knock that number up even higher if you taking out your interest every month. That's a giant return, one you can only get with substantial risk and one that is certainly never something you can count on. And it's not a sure think that that money is going to be completely liquid either.

This is a lot tougher than some people think.

 

[Field Marshall Bradley]

4k after rent bills expenses gone turn into 2k a week

Where the fukk do you live where your monthly expenditures for the essentials are 8k a month....?

 

[moa213]

This.

People are taking this hypothetical question and adding variables, when in reality every persons situation is probably different. Most rich people don't use their own money to make money, unlike thinking applied by average people.

Reason I emphasis on credit. If you make 208K yearly with excellent credit score you should be able to get higher credit line and bank loans same leverage with person with 2 Mil cash. Most small business owners after expenses and taxes would be happy to bank 200K but Coli heads want to tell you how to flip 2 Mil. What is the point leaving a stressful life working to double your money when you can invest passively without worrying about supervising others.

 

[MrWestGrand]

Did you make a typo there?

$2 million with an APY of 1% with even daily compounding interest is only going to make you about $20,100 the first year. That's only $386 a week before taxes. You ain't getting even 10% of what the $4,000/week people are getting.

If you want to make an after-tax income of $4,000/week on a principle of $2,000,000......you need to be getting an annual return of at LEAST 12-13% on your investment. That's a giant return, one you can only get with substantial risk and one that is certainly never something you can count on. And it's not a sure think that that money is going to be completely liquid either.

This is a lot tougher than some people think.

Your still up 2 mil off top...

 

[Field Marshall Bradley]

forreal tho. nikkas taking that 4k weekly could die in a year or two

But if you had the 2 milli you could somehow still spend it after your funeral?

 

[MrWestGrand]

Your still up 2 mil off top...

@thedankster

Let me clarify, assuming your parking the 2mil or the 4K weekly allotments, your going to yield a greater rate of return at the 1% on the 2 mil because it's more money that the 4k. Thats all I'm saying.

If you don't need to touch the money, or aren't a savvy investor, then take it, park it, and at the very least your up 2 mil, yielding a modest rate of return.