$10,000,000 today? Or $3,000/day forever?

[bbacn123]

All this thread has proven is that either option would give you more money than you'd even really need

/thread

[bbacn123]

What's the point of not spending anything though? No instant millionaire coming up from the lower-middle class will put away $10M and never touch it or the interest.

I know, this is theoretical purposes assuming which one is more valuable. In real life you'd obviously spend, and how you spend varies from person to person, so the reality is one option may be better for one person and the other for another person.

But really you'd have plenty of money either way.

[SPQR44]

Was offered this choice last week. Chose 3k/day.

[Jamielak]

10 000 000 today.

BRB buying 30 200-250k houses and rent all of them for $1000/month.
BRB $1000/day and still at least 3 millions left over for me.

Everything goes to **** and the 3k/day stop? Still have my properties. Also values goes way up over time.

fuark


still a ******* though

[BeefJurky]

3k a day

I'm 19, I don't need 10 ****ing mil right now, and 3k will be more than enough. I'd have made the 10mil before I turn 30 too

[NecessaryMind]

10 Mill today.

Don't trust anyone to pay the $3000 a day forever. Wut if they die next week? And they'll have until forever to figure out ways to not pay... legally or just by being a ******* deadbeat.

Some lottery was charged with fraud here for doing the same thing. Just stopped paying the 'cash 4 life' payments due to some bullsh*t excuse/legal loophole bullsh*t. Dunno what happened.

fuk that. Gimme the 10 mill now. I could not invest a cent and live just fine forever.

[Amazeme]

fuark


still a ******* though

hes a retard
he has no idea the amount of work needed to rent 30 houses is

3k/day for me

[miscsleepdoctor]

3000$ a day


In 10 years (adjusting for inflation) I will have made well over the 10,000,000 you are offering now..

[NewJerZBrah]

It would take a little under 10 years to make that back so 3k/day

[InvalidUsername]

if you pick 3000 a day, and wait 50 years, you will have 54,750,000. I would rather have the 10m though and just invest with it.

[Bullens]

If I was offered 3k/day I think my life would stagnate cos I would have zero motivation if my future was that secure. I'd probably take the 10mil and try to make something of myself, being fully aware that I'd still have to be careful not to blow it.

[DJKhaled]

Like that matters fukhead, pretty sure that making 3k/day would allow you to have at least one mortgage fully paid off and you wouldnt constantly be spending the 21k you earn per week so youd definitely have enough saved to survive comfortably

Inflation matters you dumbass mother****er. Maybe you should actually learn some knowledge before you step up to me with your bull**** acting like inflation doesn't matter. Inflation is very RELEVANT and increasing in order to keep interest rates downs and prop the economy up.

[cchar042]

if you pick 3000 a day, and wait 50 years, you will have 54,750,000. I would rather have the 10m though and just invest with it.

Or you could spent 3000/day and not have to worry about investing anything, and STILL have acquired $50M+ in 50 years.

[Wolf200]

**** these threads are stupid.

[MarinoMike]

guys use this formula FV = PV (1 + i)^n


So we know you can rely on $3k a day forever. But if you want to find out the future value of your 10m by integrating things like the interest rate which can be compounded, so say we use a 10 year treasury bond. example at 3% interest rate paid twice a year.

so in ten years with that kind of a bond we would would now have a $13,468,550.07 worth investment. Unfortunately at ten years with the 3k a day we would have $10,950,000.00 so in the first ten years you are better off with the 10M...

to take it to 20 years. our 10m would be worth about $18,140,184.00 and here is where our 3k a day would have a value of $21,900,000.00

so it seems as if the $3k a day overtakes the compounded interest earned by the 10M...

that is all depending on your risk appetite. I used bonds which have very very low risk. Despite the fact interest rates are inevitably going to rise soon and bond prices to fall.

[armored]

3k a day pls

[cchar042]

guys use this formula FV = PV (1 + i)^n

**** formulas, if I get a truckload of money, I'm going to spend it frivolously.

[Bullens]

guys use this formula FV = PV (1 + i)^n

It's not that simple. If someone offered you 2.1 odds on a coin flip for everything you own, would you do it?

[vtecaddict]

3k a day

brb eating filetmignon every day
brb buying random **** on ebay all day
brb still got $2k left
brb next day i'm up by another $3k

dat feel of unlimited monies

[gamb]

3k a day and im a happy man

[NUHusky14]

**** these threads are stupid.

Actually they are the exact opposite of stupid. They help people learn and think, unlike 90% of the garbage here. If your brain can't handle intelligent conversation then just go fap to some hhnnggg thread.

[Croatbrah]

Strong knowledge of time value of money ITT

My man up top nailed it. Millionaires don't invest at 3% though. Gimmie the 10 mil

[InForGains]

potentially you could get scammed have some terrible thing happen that causes you to lose your money. Also inb4 you get married and divorced and lose half of it

edit: I would take the $3k/day aka $1mil/year, its 100% guaranteed you will never be broke and its more than enough money

inflation

[cchar042]

Strong knowledge of time value of money ITT

This isn't some classroom with hypothetical money.

This is if you were given the choice of $10M now VS $3000/day. Unless you're already wealthy, the $10M is a terrible idea. You will spend most of it and never save. If you take the $3k/day, you will be set for life, even if you never save a penny.

[animalbrah]

$10mil you dumb sht anyone who says otherwise is dumb
because you can invest and earn a fukload more

these threads are stupid

maybe i don't want to invest, because I don't have to. Because I get 3k a day.

[Thenameistom]

3000 a day easy. no question hands down. more than modest commodities with that. hell thats a years rent in 3 days. save up for a year and you're a millionaire. never work a day in your life with 3000 a day for life

[i1983]

Strong knowledge of time value of money ITT

My man up top nailed it. Millionaires don't invest at 3% though. Gimmie the 10 mil

Absolutely horrible understanding of time value of money.

[AceMuscle22]

Inflation would considerably erode the value $3,000 dollars a day eventually. Easy choice of $10,000,000.

[Simple-jack]

10 mill
and invest in gold/silver/physical assets.

in b4 dollar collapse.

[miscsleepdoctor]

Inflation would considerably erode the value $3,000 dollars a day eventually. Easy choice of $10,000,000.

even if inflation was 5% a year, which it isnt.. 3000k/ day would still be the obvious choice if you plan on being around for longer than 12 years