Poll Would You Take $1M Upfront or $1K A Week For Life

[Mister Breeze]

20 years of $1K pays for itself past the 1M.

 

[ChicagoFigure]

Asked AI:
"If I was given $1,000 a week for the rest of my life, how many years would it take to add up to $1,000,000 factoring inflation?"

Why would u wait potentially up to 30 years for something you can have today?

Especially if it's invested and paying you dividends vs weekly payments that have much much less ROI

 

[ChicagoFigure]

$1000/wk is almost a given based on the markets, and again you keep the $1 mil on top.

This. It's basically:

Holding $1 mill and collecting dividends for 20+ years

Vs collecting $1k a week and inflation taking u almost 30 years to equal 1 million

And then calculate the dividends you'll lose out on over the span of 20-30 years

It's a no brainer

 

[ChicagoFigure]

Another one lol

$1 mill up front would afford me almost another $1 mill of vacations for u to not spend a dime of your $1k weekly for 25 years straight to end up close to same networth

 

[Freeman]

 

[konceptjones]

lol du said he don’t expect to live past 57 or some shit

Koncept IS like 57 so it makes sense why he would want the milli though

You thinking of @deadeye or @Chris P. Bacon, them niggas older than me.


.. or @Old Man Cain, he's older than time itself.

 

[100blafys]

1,000 a week

 

[AP4.0]

You thinking of @deadeye or @Chris P. Bacon, them niggas older than me.


.. or @Old Man Cain, he's older than time itself.

Nigga you saw DJ Kool Herc perform live

Don't at me to no fuck shit

 

[deadeye]

Even worse, yall talking like a million dollars is what a million dollars was in the 90s. Two maybe three big purchases and that money gone. You back at square one.

Thing is, you can say the same thing about $1,000/week.

That's basically an average salary now.


Back in the 90's though, it was closer to what $100K/yr is today.


With the $1million, if invested properly, you could double........triple it.........or even more over the course of the next 10-20 years.

 

[konceptjones]

Nigga you saw DJ Kool Herc perform live

Don't at me to no fuck shit

Post in thread 'Off Topic (We hit 1 Million Views)'

Jun 17, 2020

awww shit

this page the year i graduated from HS

• AP4.0

• 

You were saying???

 

[Eyerone]

I applaud yall for having the hypothetical discipline to immediately invest the $1 million. Props on that

 

[Freeman]

 

[The Lonious Monk]

The $1000 a week is a stupid choice. You could basically find a high yield savings account that gives you a 5% annual interest rate. If you put that million in there and after a year start skimming the interest you'd be able to get close to 1000 a week while still having the million if you ever needed it. On top of that you'd be able to pass it to your family if you died. There really isn't any benefit to the $1000 a week.

 

[TheNightKing]

I applaud yall for having the hypothetical discipline to immediately invest the $1 million. Props on that

There are funds that have a historical return of 5-8% or higher. You don’t have to be a savvy investor to get it right.

 

[AP4.0]

View attachment 1604652

Post in thread 'Off Topic (We hit 1 Million Views)'

Jun 17, 2020

awww shit

this page the year i graduated from HS

• AP4.0

• 

You were saying???


View attachment 1604653

SU nigga

 

[Sky Davis]

I applaud yall for having the hypothetical discipline to immediately invest the $1 million. Props on that

Come on man you don’t think Black people who just won 1 mil will invest all of it off the rip?

 

[AZTG]

1k a week is 52k a year.

Take the mil and put it in a CD.

Capital One is currently offering 4.15% interest on a CD that requires 100k minimum.

On a mil that's 42k.

This way you get the 1 mil and the 1k a week.

I'm sure you can find CDs that pay more and get that as close to 52k a year as you can.

Anything but the 1M upfront is foolishness.

 

[Tessai]

Yeah I change my mind give me that mil up front lol

 

[Goldie]

Come on man you don’t think Black people who just won 1 mil will invest all of it off the rip?

85% of that shit's going towards AP swatches and Jordans.

 

[OnyxRanger]

I'll take the milly. With capital like that and the right choices you could turn that into long term passive income.