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

[digitalchi]

10 mil obviously

[bbowsh54]

$10 Mil... Might die tomorrow?

[TomsGunz]

10 mill today

[bbacn123]

3k

You make a million a year that way. I guarantee I'll have more money than the idiot who took $10 mil to invest it within 20 years.

[55]

3k/day forever

doubt any of you misc expert ceo stock traders can make a steady profit of 3k everyday with 10m

doubt you know the time value of money

[mille695]

I'll take the $1,085,000/yr. salary for life, thanks

[KyleMQuinn]

watchout ur comments bro ^

Go on..

[folly412]

The other thread that was stupid was when the option was 300/day. There is absolutely no question there and anyone who picked 300 is an epic moron.

3000/day = $1,095,000 = 10.95%/year.

There is no such thing as a riskless investment that yields 10.95%/year. Granted, you can draw down principal with the 10 mil, but with 50-60 years of life in front of me, I'd rather have the security of the 3k/day.

3k/day crew checkin in.

This.

I'll take the $1,085,000/yr. salary for life, thanks

Yep. Unless you can guarantee an ROI > 10.95% it's the way to go. If you want to buy a $5M house or something it's not like you'll have trouble getting financing with a guaranteed income of $1.1M per year.

[TotalGymFreak]

$3k a day
You wouldn't believe how many fuknuts on this forum would blow 10mill on

I reckon most people won't have it in a months time

[Inb4Adonis]

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.

[DJKhaled]

What is with all of the people with lack of self-control on here? So you're saying you would blow $10 million immediately instead of making smart financial decisions because you can't control yourself?

No wonder we have Obama as president and people want a big nanny state to take care of them. ****ing idiots

[Flareon]

10M, investments could get me more than 3k/day if I get through.

[SimmerDownBrah]

With 3k a day, I'd have security, plus in a few years it'll surmount the 10 mil.

Whereas with the $10 mil I'd be paranoid that I would somehow lose it or that I would spend it all or some chit, and then probably end up spending it all anyway.

[Vyber]

brb thinking im some hot shot misc expert ceo stock trader and taking the 10mill

not srs 3k a day crew

[Misc_Lurker]

3k a day crew

[hiteSPARKYZ]

Too bad none of you dumb ****s taking $3k/day factor in inflation

In 20 years $3,000 will be the equivalent to $500

You fail inflation forever

[KyleMQuinn]

What is with all of the people with lack of self-control on here? So you're saying you would blow $10 million immediately instead of making smart financial decisions?

No wonder we have Obama as president and people want a big nanny state to take care of them. ****ing idiots

I'd invest 9 million of it but I would be tempted to pay off parents house and put away for their retirement, brothers college debt, sisters college, grandparents house so they don't have to move, etc. It would be a decent initial chunk taken out right away without even spending it on myself. When all was said and done I'd probably be left with 8million which I could invest but investing is a gamble which you can lose very quickly. I'll take the sure thing.

[JoshSP1985]

3,000 would be tempting because you have a safety net. You could blow 10mil real fast in a poor investment.

Not to mention if you're GUARANTEED 3k a day people will be pretty open to LOAN you large amounts of money that can still invest.

[Nara62629]

do i get 3k even when i die? or do i get to live forever as well?

[Zerafian]

3k/day

Im not a miscer that thinks he knows everything about investing so Ill be smart.

$1.1mil/year for another 50-65 years

Too bad none of you dumb ****s taking $3k/day factor in inflation

In 20 years $3,000 will be the equivalent to $500

so $3k in 1993 is the same as $500 today, Im sorry but you really didnt think your post through did you?

3k/day forever

doubt any of you misc expert ceo stock traders can make a steady profit of 3k everyday with 10m

the problem is everyone that is choosing $10mil actually thinks they know how to invest and thinks they will always make money off it...a lot of people are naive

[OPISAPHA]

3k/day

assume a 5% interest rate
x is the number of years

option 1 - 10000000 * (1.05)^x [compound interest formula]
option 2 - (3000 * 365) (((1.05^x)-1)/0.05) [future value of an annuity formula]

set them equal, solve for x. it's 12.5, so $3000/day becomes the better option after 13 years. I'm planning to hit 40 so I'd go with $3k/day.


buncha fukkin potatos in here.

[TreyTrey]

Silverback

[DJKhaled]

You fail inflation forever

http://data.bls.gov/cgi-bin/cpicalc....980&year2=2012

So in 30 years, $3000 has lost its buying power by over 70%

Looks like you fail at inflation, kid. Now get back to your high school economics class.

[KyleMQuinn]

You don't even have to play stocks. You could take some of the safest options out there if you wanted. Bonds can usually net you around a 5% return. That's 500k, roll that over a couple years and before you know it you're making the 1 mil that the 3k/day gives you in no time. Granted you couldn't immediately start spending a mil a year with this strategy, but in the long run it wont take long for you to be able to spend more than a mil/yr just off your investment returns.

When I get my 10 million in the bank I'll contact you.

[dubbies]

10 million PV over 5 years vs 3k daily over 5 years

any finance brahs want to calculate the the FV if interest was a conservative 6%?

[ILoveTrance]

3k a day. 9 years and ill be getting more then 10m, also, the more you have the more you spend so...

[initialgt5]

the answer is 3k/day...just be patient and wait 1 year for first million so you can invest that. inflation would have no real effect within 10years time span that it would take you to get that 10million in the first place.

[overlordandm]

Does the 3k a day adjust for inflation? Some of us arent sure if we'll live for 9+ years haha. Either way, I'd take the 3k a day, simply because if I got the 10 mil i might be tempted to go crazy with it, while if i had 3k a day, and lost my money, id always know that I could just wait until the next day to get 3k more.

[ho_124]

10mil

brb put it in high interest bank

brb 1k a day + 10mil

This lol. Put it in some low risk type of investment. Live off the interest, or reinvest.

[recreateme]

10 Million today, put directly into a bank account with a decent rate of return would generate around 1000$ a day in interest, compound that and after a couple years you'd be getting 3000$ a day anyway...

These two amounts are way to much anyway, you could either and be completely set for life, plus the life of your kids and there kids, so you can't really make the wrong choice lol