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

[binsky]

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

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

which means your 10 mil will be dick all to ya dumb kunt

[NukeDukem]

Start a business with the 10 mil.

[PaleoBro]

Assuming your are financially inteligent and plan to invest the 10,000,000 you would need around an 11% return to yeild 3k/day

-if you put it in a bank account that hardly makes 1% your are better off with 3k/day
-brb if you have 10 mill to do what ever with people will offer you better investments than standard bank acct
-however stupid people will lose out. so if you cant make at least 11% return just take the easy way out at 3k/day

realisticly you wouldnt invest 10 mil and continue your current poverty lifestyle. most would make some upgrades on their current situation(house, car, etc.)
-and if you buy a 5 mil house and a 300k car the left over money will not be enough to pay property tax/upkeep/insurance cost for very long




- perpetual income>capital gain unless u can effectivly use that capital gain to creat higher amounts of passive income


personally i'd take the 10mil cuz i don't need the instant gratification and could make a much better return than 11%

[STA1011]

3k/day and ill be set. Guaranteed 7 figure yearly salary yes please

[SmithMachineGuy]

$3,000 a day. If I took the 10,000,000 upfront I could lose it or get robbed, but with $3,000 a day, it just keeps getting replenished.

[Baby_Jesus]

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

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

i would still take 500 dollars a day

[EliteBrah]

financial advisor checking in. We have accounts that have earned over 20% last year.
Hell, even if you invested in an SDLI we earned about 11% on that last year and its guaranteed against a loss. Im refering to the Indexed universal life polices with minimum face and 0% floor from ING. And remember that its tax free accumulation and compounded as well. Will grow to insane $$ levels

anyone choosing 3k/day is simply an uninformed individual

[DasWunderBrah]

financial advisor checking in. We have accounts that have earned over 20% last year.
Hell, even if you invested in an SDLI we earned about 11% on that last year and its guaranteed against a loss. Im refering to the Indexed universal life polices with minimum face and 0% floor from ING. And remember that its tax free accumulation and compounded as well. Will grow to insane $$ levels

anyone choosing 3k/day is simply an uninformed individual

might as well check out.

The majority of us/people don't have the connections or the financial acumen to accrue such gainz.

3K/day intuitively also makes more sense and is easily justifiable.

[ThePelican]

3k a day. I don't know chit about investing, I wouldn't trust some guy at a bank/firm to invest it, and I'd probably blow $10 million on idiotic things.

[Clamz]

couldn't you buy a number of McDonald's restaurants with 10 mil and make way more than 3k a day?

[FiniteAutomaton]

With 3k a day you are making so much money yearly that you will barely feel the effects of inflation. That is over a million a year.

Let's take into consideration the inflation thing the one poster brought up. According to the site he posted, you would need 8k now to make 3k back then. Even though the 3k isn't worth as much now as it was back then, when you calculate how much you made since then you get almost 40 million... I am sorry but this is not a pittance as he was suggesting, this is very wealthy. Even though it may not have the same buying power as it did in the 80's, this is still an insane amount of money. We are dealing with such large amounts of money that inflation is really a non-issue.

There is also no reason at all why you can't invest the 3k a day, and still make even more money on it.

[SystemTrend]

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

these threads are stupid

people love to throw around the term invest , but I bet about 90% of them don't know how or the best way to do it.

[theyseeme]

if you become a millionaire people will try to rob you

if you spend 3000 dollars a day you won't have problems on a daily basis

[CytoRoc]

the 10,000,000 a day.

brb buy any phucken house i want
brb buy any car(s) i want
brb no more work
brb probably will still work so im not depressed, going to go buy a sports team.
brb going to build chit.
brb going to invest

such is life.

now i hate you OP bc i realize ill never even touch a billion

[anonymous]

Poverty CEO3k/day without a doubt..

[Eskimo]

Assuming your are financially inteligent and plan to invest the 10,000,000 you would need around an 11% return to yeild 3k/day

-if you put it in a bank account that hardly makes 1% your are better off with 3k/day
-brb if you have 10 mill to do what ever with people will offer you better investments than standard bank acct
-however stupid people will lose out. so if you cant make at least 11% return just take the easy way out at 3k/day

realisticly you wouldnt invest 10 mil and continue your current poverty lifestyle. most would make some upgrades on their current situation(house, car, etc.)
-and if you buy a 5 mil house and a 300k car the left over money will not be enough to pay property tax/upkeep/insurance cost for very long




- perpetual income>capital gain unless u can effectivly use that capital gain to creat higher amounts of passive income


personally i'd take the 10mil cuz i don't need the instant gratification and could make a much better return than 11%

gets 10 mil spends half on a house?

ya brah you should choose the 3k/day option

[tommyjesus]

i would take 10 million. i would take 4,000 a day over that, though.

[Fred87nc]

I would take 10 million now. with that type of money I can take out huge loans and be secured from day 1! We living in 2013, world is already pretty fuked up, who knows what could happen in the next few years, brb trying to buy your survival with 3k when I could spend those 10mil to save my life.

[iceypain]

would i buy a $10m risk-free perpetuity that yields 11% a year? yea i think so. there you go.

[ADHDave]

not arsed either is more than enough

[anonymous]

$3k a day, that would only take about 9 years to get the 10mil, im only 22, gauranteed earnings of at least $50 mil even if I till 65 years old...