You clueless as much as I thought, you get offered 2 Million just to sit 65% aside to wait years in order to invest? And you consider yourself financial literate what happens to having your money work for you ideology? Your type are definitely better off taking the 4K weekly. And yes I debunk your theory by putting all my money in one basket since I could careless about the market going up and down. Once you get to certain years of investing in stock market you will learn buying and holding for long period beats short term traders.Shid no more than 20% will be invested up front, another 65% is sitting and waiting for that next big economic decline that I KNOW is right around the corner with Trump and office
buy low sell high
2 million bucks right now, or $4,000 every week for the rest of your life?
- Thread starter Houston911
- Start date
MrWestGrand
The Negotiator
Taxes aren't a issue. That was stated in the original question.
MrWestGrand
The Negotiator
Who cares about pulling in 16k a week, when you just got infused with 2mil.
U clearly didn't read when we already stated ur not investing the whole thing at once.
1. Yes I am willing to wait, because you buy at a better price, you get a better return in the long run
2. The money would be gaining interest while waiting
3. An economic downturn comes along every 7 years roughly, we are past that..way past that. So you wouldn't be waiting "years" as you put it. It also happens during every republican presidency.
Had you done your research you would know all that. All you've done is come in here and insult and type one obvious fact about the market, to try to look as if you are pro at this. You speak of beating short term traders but then trash my choice to wait until the downturn to buy, yet if I would have said "buy stock immediately", you would have trashed that too.
Why? Because you're a talker, like I said from rip. Patience is one of the biggest things needed when investing, I've learned that the hard way.
Now go worry about clocking in on time so you won't get fired, bench player
Larry Lambo
Superstar
I'm taking the $2M.
Copping a $300K house, which would be $200K net spend after I sell my current house.
So now I got $1.8M. Investing $1.5M of that, and living off the $300K for the next few years. When I run out of the $300K (about 5-6 years), my $1.5M will have doubled to $3M. Then take a few hundred out and do the same again.
By the time I get to 20 years, I should be well past what I would have been with the $4K weekly payout.
Copping a $300K house, which would be $200K net spend after I sell my current house.
So now I got $1.8M. Investing $1.5M of that, and living off the $300K for the next few years. When I run out of the $300K (about 5-6 years), my $1.5M will have doubled to $3M. Then take a few hundred out and do the same again.
By the time I get to 20 years, I should be well past what I would have been with the $4K weekly payout.
MrWestGrand
The Negotiator
Your trolling sucks. Show me how 4K a week/16k a month earns more than 2mil parked?
You understand what the term parked means? It's the same as sitting, your just being obtuse cause you wanna be right.
U clearly didn't read when we already stated ur not investing the whole thing at once.
1. Yes I am willing to wait, because you buy at a better price, you get a better return in the long run
2. The money would be gaining interest while waiting
3. An economic downturn comes along every 7 years roughly, we are past that..way past that. So you wouldn't be waiting "years" as you put it. It also happens during every republican presidency.
Had you done your research you would know all that. All you've done is come in here and insult and type one obvious fact about the market, to try to look as if you are pro at this. You speak of beating short term traders but then trash my choice to wait until the downturn to buy, yet if I would have said "buy stock immediately", you would have trashed that too.
Why? Because you're a talker, like I said from rip. Patience is one of the biggest things needed when investing, I've learned that the hard way.
Now go worry about clocking in on time so you won't get fired, bench player
So all the shiit you popping for to come to the financial section, if I were to give you 2 mil you best advise was for me to wait till trump get out office while collecting dust in money market account. Not even suggest CDs, T-bills or something more lucrative than savings rate? Like I told you buying is not a rocket science but when to exist is what is most important.
The point is 2 million will get you to put on your thinking hat and gets your hand dirty in investing the cash. While the worse idiot in the world can afford to blow the entire 200K plus additional credit card/mortgage debt. And easily tell debt collectors to suck a dikk while still have money coming to leave life.
taxes aren't an issue on the initial 2 Mil, but once you invest it, you have to pay taxes.
how do you plan on doubling your 1.5 million in a few years?
cuz the 16K is coming IN, while the 2 mill is just sitting there.
you aren't going to get more than 16K/month investing that FULL 2 mill.
Larry Lambo
Superstar
S&P 500 in mid 2011 was 1200, 6 years later it's 2400. I did neglect the fact that recessions occur, but doubling your money in 6 years is not a stretch at all.
it's more rare than it is common......not impossible however, but unlikely.
$2M upfront.
$4K a week wouldn't change my life that drastically
$4K a week wouldn't change my life that drastically