#set aside a large portion for retirement [comma] some for general savings [comma] and then ration the rest out over a period of time | Explore Tumblr posts and blogs

gaytheropods · 10 months ago

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[ID: Tags reading: "1) take the one time payment 2) invest most of it 3) earn MORE than $1000 a day for the rest of your life. Getting annual returns over 3.65% would not be hard." end ID]

Explain your reasoning plzzz

#ok so I voted the 10mil one and basically its bc money now is more valuable than money later #I dont think its a bad choice to choose 1k every day at all I think both choices are valid #I would rather have the lump sum #set aside a large portion for retirement [comma] some for general savings [comma] and then ration the rest out over a period of time #some could be invested and a great deal can also be donated #my biggest issue with the 1k per day is that as money inflates over time 1k may be a lot less than it is now #if Im given 10mil Right Now then I can put it in places/accounts that will make up for the inflation #and I'll be given a really big and nice safety net of savings to do what I need with that I won't have to worry about #taking risks to do things like find a good job or not work 40 hours per week every week forever #but to reiterate there are also pros to the 1k per day option but ultimately you can't predict the future and inflation and stuff

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