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

[Nathan17]

making $375 an hour meh prob take the 10mill

[Ravishing_Rick]

10mil
put it in savings

buy 5 carwashes

[Ashton117]

LOL at people who want 10M at once. That is the equivalent of $3000/day for NINE years. And the people who say invest. At $3000 a day you'll make more than 10m and investing.

Time value of money?

lol at all the retards who think the stock market is the only way to invest your money, shows what business sense they have

What asset would invest in then?

[Mike1991]

4.3m a year or 10m....


3k/day or youre dumb

The irony in this post is killing me

hopefully trollin

[Mike1991]

would take the 3k/day

you have to take into account even if you compound your investment on 10 mill you will still be paying HUGE taxes on anything you make. In the long run 20+ years, taking the initial 10 mill and investing it would be the wise choice to account for inflation. But if you actually want to use some of that money to have some fun and not worry about losing everything, 3k/day is the way to go.

The thing is, sure you could invest it and make minimally more money. But if im that rich i dont even want to have to stress about the potential to lose that money, when i know i can live the same lifestyle with 0 stress involved.

Your lifestlye will be the same, without the added stress of investing/losing money

[i1983]

Actuary brah here

Present value of 10 mil = 10 mil (if you don't see this then the rest of the post won't make any sense so stop reading)

Present value of 3000/day = 3000/i (i being the interest rate compounding daily divided by 365)

so for the two options to be equal you set

10 mil = 3000/i

i = 0.0003

to change this interest rate in into the annual effective rate (call it j) so it will be easier to understand

(1+j)= (1+i)^365

j = .1157

so if the interest rate is 11.57 percent you can take either option and it wouldn't matter

if the interest rate is lower than that 3000/day is better
if the interest rate is higher 10 mil is better

since its pretty much impossible to find 11.57 percent interest and add in the fact that most people with 10 mil would just blow it all anyway
3000/day is the easy choice

Pretty much this. However, the 3k/day isn't a real perpetuity. You're not going to live forever.

YOLO

[fat2fit21]

3K/Day

I can live off of that.

Plus I wont lose the 10 mil over some stupid economy BS.

[jdcharnell]

def do the the 3k a day

[boozebrah]

3k a day, drinking and rooting flat out!

[Holograph]

3k a day


its more than I could ever spend and it is garaunteed and with advances in medicine I plan on living forever #YOLO

[dryst]

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

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

by then ill already have over 20 mil, nom sayian

[LankedOut]

10 million in my bank account and I get 400,000 a year from interest.

[dryst]

10 million in my bank account and I get 400,000 a year from interest.

u get over a mil a year with 3k a day...

[OutKlast]

3k/day and put something like 400-500k per year in a mixed investment account to counter the effects of inflation.

[Calborn]

10mil
put it in savings

buy 5 carwashes

finally a logical answer (but i'd invest in a different business).

[henrycole]

WHO THE FUK needs more than 3k a day to live? I could get by with 100$/day easily and not working.

[mospeed]

3k a day easy.

[Ek2]

$3k/day is $63 million and change over 58 years. Knowing there is $3k sitting in the bank waiting for you every single morning for the rest of your life is a priceless security that is probably the best thing that could happen to you. brb live in any place in the world, live luxuriously, go where you want, do what you want- you would have an unlimited freedom and absolutely no obligations to anybody or anything. I would take that over a $10 mil payout any day of the week

[OutKlast]

10 million in my bank account and I get 400,000 a year from interest.

Short term thinking. Assuming something like a 25% cap gains rate on either you'd have 7.5 million in the bank and $225k after taxes per year.

With 3k/day you would have $821k/yr, take 225k for your spending and put $596k in the bank. In 9-10 years you would be at the same point with 7.5 million in the bank. After that the person getting 3k a day is increasing the balance in the bank by 596k plus compound interest on the 7.5 million.

[LiftHeavy85]

3k/day beats flat 10m in the long run even with the 10m being invested


talking almost 100m in your lifetime

[Carson92]

10 mil fo sho. Could probably make 3k a day in interest in 10 years if it was invested right.

[muscle beast]

10 mil fo sho. Could probably make 3k a day in interest in 10 years if it was invested right.

that's the entire fukin point of this thread. You have no fukin clue how you would invest that...lulz

$3k/day crew checking in

[bigbootyjudy]

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

this

[Chronys]

Is there inflation correction for $3k/day? If not, that amount will have significantly lost value in a decade or two.

[aStRoRdInArY]

3k a day, to all you *******s saying "invest 10mil, make all da monies" what happens when the economy collapses again? look what happened to everyone then

[Eskimo]

Is there inflation correction for $3k/day? If not, that amount will have significantly lost value in a decade or two.

if you look at the last 20 years

lose value? yes
lose significant value? no

and by that time you SHOULD have millions in the bank that it wont matter.

[JDkeystone]

$10 mil

but honestly, i'd be perfectly happy with either lol. toss a coin and sign me up.

[mezner09]

3k a day for life. If I woke up with $10mil in my bank account I would probably spend it ridiculously fast.

[UkChris93]

10m right now obviously...

[SirWinklevoss]

if the 3k is adjusted for inflation each year thats my choice. dont have to oversee investments and have more than enough money to do whatever i want every day.