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

[Donald J Trump]

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.

i never said wait til trump gets out of office

you are puttin words in my mouth and ignoring the most important part of what i just typed

why would i wait when i know the prices will drop when hes in office you know absolutely nothing fam. That right there is your buying opp. And i just told you it comes around every roughly 7 years , and we're past that marker. I know I made a mistake earlier in this thread because I do shyt besides correct math problems on thecoli but you gotta take note my breh.

Just a talker that tried to poke holes in peoples ideas who actually do this shyt.
I encountered people like you when i first started doing this stuff, and all those folks look stupid AF when they seen me takin trips and shyt; meanwhile they clockin in everyday not living life and taking a chance

Your type will never amass any wealth in your lifetime, your mentality will block you from it.

 

[Lady.Libra.]

With savvy financial/investment advisors firmly in place, I'd go with $2mil.

But with guaranteed life, I'm taking 4grand/week.

 

[Field Marshall Bradley]

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.

Are you sure you phrased this question correctly?

 

[R.E.N. Spells Ren]

I think that people are leaving out some important facts in their comparison

For the people who keep saying take the $2M and 'invest it', in theory, you are right, you COULD have more money going that route in 25 years, but 1. not guaranteed, like the $4k/week is, and 2. (the most important), you are assuming that you are not SPENDING A DIME of this money for this whole 25 years. You are just looking at this money and not enjoying it at all, while you keep your same current salary/ bills/ etc.

So for the comparison sake, you save some and spend some, once you spend around $500k or more of the money, over 25 years, even investing (and not touching the rest), you would have less money then taking the $4k/ week for 25 years.

For this question, the correct answer is the $4k/week.

If we were talking Mega Millions type money ($150 million, $200 million, etc.), then the lump sum would be the wave.

Yup, they're ignoring the cash flow aspect. It would depend on how much you plan to spend...if you plan to spend the entire $16k each month, then you'd need to guarantee an 11+% APY to a avoid not eventually going broke with the $2M option!

If, say you plan to spend just 8k a month, then you'd need a nearly 10% APY investment portfolio to beat the 4k option (assuming you could get the same yield from investing the money you're not spending each week) by time the guaranteed minimum 25 year life is up.

Returns of more than 10/11% are hardly insurmountable targets to reach, but there's no way you're going to reach those returns AND cash flow needs by just parking it somewhere. You're gonna have to put in some effort deciding what to do and managing the investments.

So the question is do you want to put in that work to get more money or not?

 

[charknicks]

U clearly didn't read when we already stated ur not investing the whole thing at once.

Nah, all that I have seen in the thread is what can be made based off of investing the full $2M. Most likely, for you to make more then $5.2M over 25 years, you would have to spend very little of the original $2M. Thats all I said.

So let me know when you are investing? Why would you not invest the whole thing if the goal is to make the decision that the lump sum will bring you more money? I thought that was part of the decision, because the longer you wait, the less that portion is making in investments. Enlighten me.

 

[charknicks]

Yup, they're ignoring the cash flow aspect. It would depend on how much you plan to spend...if you plan to spend the entire $16k each month, then you'd need to guarantee an 11+% APY to a avoid not eventually going broke with the $2M option!

If, say you plan to spend just 8k a month, then you'd need a nearly 10% APY investment portfolio to beat the 4k option (assuming you could get the same yield from investing the money you're not spending each week) by time the guaranteed minimum 25 year life is up.

Returns of more than 10/11% are hardly insurmountable targets to reach, but there's no way you're going to reach those returns AND cash flow needs by just parking it somewhere. You're gonna have to put in some effort deciding what to do and managing the investments.

So the question is do you want to put in that work to get more money or not?

Thanks, fam. I like when common sense is used. Preciate this.

 

[Arithmetic]

With savvy financial/investment advisors firmly in place, I'd go with $2mil.

But with guaranteed life, I'm taking 4grand/week.

Imo, you should never trust investment advisors unless you're ultra wealthy. If you can't manage the 2 mil yourself, 4k is by and larger the smarter option.

 

[Lady.Libra.]

Imo, you should never trust investment advisors unless you're ultra wealthy. If you can't manage the 2 mil yourself, 4k is by and larger the smarter option.

I would want to do more than manage $2million, I'd want to grow it:
My first instinct would be to invest in agriculture (food is forever) & death (unfortunately, people die everyday). That's a start but it isn't diverse, thinking outside the box, or maximizing earning potential. Who else would I call to assist me?

You are definitely correct though...

 

[Arithmetic]

I would want to do more than manage $2million, I'd want to grow it:
My first instinct would be to invest in agriculture (food is forever) & death (unfortunately, people die everyday). That's a start but it isn't diverse, thinking outside the box, or maximizing earning potential. Who else would I call to assist me?

You are definitely correct though...

Manage=Protect/Invest

Generally speaking, investment advisors are sales people who make a living off commissions and fees. You can lose money and they're still going to make money. Granted, they could make you money with safe low-return, low-cost investment vehicles, but you could do that for yourself. Imo, you got to be more aggressive and less passive when dealing with them, including shopping around.

 

[moa213]

I would want to do more than manage $2million, I'd want to grow it:
My first instinct would be to invest in agriculture (food is forever) & death (unfortunately, people die everyday). That's a start but it isn't diverse, thinking outside the box, or maximizing earning potential. Who else would I call to assist me?

You are definitely correct though...

Financial advisors are not your friend but there to make commission of you. Will you invest if I charge you 20K upfront load before I start investing your money while charging wrap fee 5% above? With the internet a lot of shyt that was limited to rich forks can be done on your mobile phone through google and educating yourself. Like someone said you don't need to pay anyone to invest 2mil otherwise stick with the easy 4K.

 

[Lady.Libra.]

Manage=Protect/Invest

Generally speaking, investment advisors are sales people who make a living off commissions and fees. You can lose money and they're still going to make money. Granted, they could make you money with safe low-return, low-cost investment vehicles, but you could do that for yourself. Imo, you got to be more aggressive and less passive when dealing with them, including shopping around.

Financial advisors are not your friend but there to make commission of you. Will you invest if I charge you 20K upfront load before I start investing your money while charging wrap fee 5% above? With the internet you can educate yourself. Like someone said you don't need to pay anyone to invest 2mil or stick with the easy 4K.

I have some knowledge on how investors/banks operate collectively - finders/advisement fees/etc. & money market sweeps where the banks are investing account holders money nightly and reaping the monetary benefits...we only get 1-4%, etc.
I also worked in Private Banking, in an administrative role, where I learned by preparing weekly sales reports, PowerPoint presentations, assembling portfolios, etc.

$2million isn't a whole lot of money and one wrong investment could put a huge dent in it.

But, Moa, it is way better to self-educate then make informed decisions but TBH it's a little intimidating...always wondering if I am making the best calculated moves to retain yet multiply funds.

T/Y guys for your input...it may come in use for when I hit the lotto

 

[ManBearPig]

4000 a week is an average salary now? my bad, i thought the average salary was between 40-50k , not 200k. And that's 200k for the next 25 years at least then when you retire you continue making 200k

Yep that IS the Coli for ya.

I clearly said above average.

 

[PrnzHakeem]

So the question is do you want to put in that work to get more money or not?

I think this is what's causing the divide. Most people want to just relax and chill w the $4K a month. Good for them.

My wife alone makes more than $4K a week and we ain't rich. So that $2M would give me a different lifestyle. The $4K week wouldn't.

I'd still keep working under either scenario

 

[MrWestGrand]

taxes aren't an issue on the initial 2 Mil, but once you invest it, you have to pay taxes.

Are you sure you phrased this question correctly?

If your not touching either funds just collecting...

 

[MrWestGrand]

People are pretending to be pusudo intelligent financial super advisors acting like 4k a week, some how has significant more leverage that a substantial cash infusion...

The question didn't ask us or cares how we'd invest...

Well, I know 2mil at the very least doing nothing earning interest will always be greater than 16k a month doing nothing earning interest.

2mil>4k weekly

That's the bare minimum I consider before anything, which gives me the least amount of risk of losing my money, but still earns preserving liquidity going forward.

I'm not losing my 2 million, and 16k monthly doesn't quite equate to 2mil annually so....