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Started By
Message
Would you choose $5 MILL in one check today, or $7.5 MILL paid over 5 years?
Posted on 8/25/15 at 12:36 pm
Posted on 8/25/15 at 12:36 pm
If you won a lottery or raffle of some kind.
63
Posted on 8/25/15 at 12:36 pm to The Mick
quote:
$7.5 MILL paid over 5 years
Posted on 8/25/15 at 12:37 pm to The Mick
5 now
Posted on 8/25/15 at 12:37 pm to The Mick
Over 5
Posted on 8/25/15 at 12:38 pm to The Mick
i would assume the future value at the end of the 5 years is more if you choose the 7.5 huh? I'm not gonna do the math.
Posted on 8/25/15 at 12:38 pm to The Mick
quote:
$7.5 MILL paid over 5 years
Posted on 8/25/15 at 12:38 pm to The Mick
5 now and let me build it up to more than 7.5
Posted on 8/25/15 at 12:38 pm to Agforlife
5 mil now. I'd throw that in the stock market. Let it ride baby.
Posted on 8/25/15 at 12:39 pm to The Mick
It would depend on the interest I could gain over 5 years on the 5 mill.
This post was edited on 8/25/15 at 12:39 pm
Posted on 8/25/15 at 12:39 pm to The Mick
$7.5M
You'd have to make some real risky and CORRECT investments to get a 50% return over 5 years. Make it 10 or more years and I'd have to think it over a little more.
You'd have to make some real risky and CORRECT investments to get a 50% return over 5 years. Make it 10 or more years and I'd have to think it over a little more.
Posted on 8/25/15 at 12:39 pm to The Mick
5 million today no tax? I could use it wisely and expand it up to at least 9 million over 5 years.
Posted on 8/25/15 at 12:40 pm to Jakesonaplane
quote:
5 now and let me build it up to more than 7.5
yeah good luck with that.
I'll take the guaranteed return
Posted on 8/25/15 at 12:40 pm to Boudreaux35
quote:
You'd have to make some real risky and CORRECT investments to get a 50% return over 5 years. Make it 10 or more years and I'd have to think it over a little more.
You would probably need to get more than 50% return.
Because you could make those same investments with each 1.5 you get each year if you chose the 7.5M plan.
Posted on 8/25/15 at 12:41 pm to SEClint
quote:
expand it up to at least 9 million
Do you mind investing my 401(k) for me then?
Posted on 8/25/15 at 12:41 pm to Jakesonaplane
quote:You can do the same taking it over 5 years. Taking $7.25 over 60 months is 120,833.33 per month. I would keep $20k per month and put the $100k into an investment.
5 now and let me build it up to more than 7.5
Posted on 8/25/15 at 12:41 pm to The Mick
5 now... Would be able to double or triple that in 5 years
Posted on 8/25/15 at 12:42 pm to The Mick
quote:
$7.5 MILL paid over 5 years?
THIS all day long
Posted on 8/25/15 at 12:43 pm to Phil A Sheo
quote:what magical investment do you have lined up?
5 now... Would be able to double or triple that in 5 years
Posted on 8/25/15 at 12:43 pm to Phil A Sheo
quote:
5 now... Would be able to double or triple that in 5 years
how are you going to triple it? magically? Or by putting it all on black?
Posted on 8/25/15 at 12:43 pm to The Mick
$7.5 mill over 5, no question
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