Lurker > SideburnStalker17

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, Database 9 ( 09.28.2021-02-17-2022 ), DB10, DB11, DB12, Clear
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TopicInstantly gain 1 million dollars or get $150 everyday for the rest of your life?
SideburnStalker17
01/27/22 1:21:13 PM
#70
Jeff AKA Snoopy posted...
An interesting follow up to those of us taking the million bucks...

How much would you have to be paid daily to take the daily over the one time payout?

If it was 500 dollars a day, for example, would you go that route instead? 182.5k a year, that's a million in what... like 6 years?

A lot come down to your tolerance for investment risk. If you are only interested in sure things, like a fixed annuity, then I'd need less per day. If I want to take on more risk, I'd want more per day.

Based on potential earnings in your career, investment percentage lost, time gained, inflation estimations...$822 per day.
TopicInstantly gain 1 million dollars or get $150 everyday for the rest of your life?
SideburnStalker17
01/27/22 6:23:05 AM
#24
If you understand investing, it's the milly everytime.
TopicThe timeline of this Michigan shooter events is horrifying
SideburnStalker17
12/04/21 11:26:49 PM
#66
VipaGTS posted...
How? They saw the signs, they took him out of class, they notified the parents and had a meeting the day of the shooting. They advised the parents to take him home and get him concealing. They refused and left without him. What can the school do now? Legally they have an obligation to keep him in school. They cant just let him roam around the streets. Even if they did that he could still come back in no problem. The parents dropped every ball here.

School could have done more, at least in my state. I get it, it's hard decision to make. But - they could've called the police for neglect and the parents refusing to take him. I know from experience.
TopicThe timeline of this Michigan shooter events is horrifying
SideburnStalker17
12/04/21 6:47:38 PM
#62
Conflict posted...
Thankfully that's not how the law works.

I guess. Sure, we should want to rehabilitate people, and maybe I'd agree with you prior to being a parent.

How many lives besides the shooters was ruined by his actions? Not just taken (killed), but the family that are left to grieve forever. I'd never forgive, and life in prison wouldn't be enough for me.
TopicThe timeline of this Michigan shooter events is horrifying
SideburnStalker17
12/04/21 2:20:45 PM
#54
Antifar posted...
Yes

Was it the public aspect of it or actual killing him? I could see the tourtuing and public part of it being too far, but in these cases - yes, kill that person. No life in prison, just erase him.
TopicThe timeline of this Michigan shooter events is horrifying
SideburnStalker17
12/04/21 7:37:47 AM
#28
Finally, put some of this on the parents.

Is it wrong that I would be totally fine with publicly torturing and executing any school shooters that don't kill themselves?

You want to the notoriety and attention? Okay - we'll humiliate you and then kill you.
TopicI'm about to inherit just over 300k.
SideburnStalker17
10/16/21 9:05:36 AM
#101
You are 36, make under 40K, have a mortgage, have a 300K lump sum, and your main goal is to retire ASAP.

This is why you need to know your risk tolerance and have someone else determine that.

You will most likely live at least another 40+ years, and I would stretch that to even 50 with Healthcare advances. Think about the annual income you will need in retirement and how to get that amount. Unless you are ULTRA aggressive with your 300K and honestly, get lucky, this will be difficult with just 300K. Early retirement may be 55 for you, but again, this really depends on the amount you need to live after you stop working.

Again- an advisor can explain all this to you based on where you live (cost of living) what what you need to live comfortably. Wants and needs are different for everyone.
TopicI'm about to inherit just over 300k.
SideburnStalker17
10/16/21 8:55:33 AM
#100
Take a risk assessment with a financial professional to determine your risk tolerance.
This shouldn't cost more than $200, and could easily be free.

If you trust them, have them create a financial plan with you. This could cost some money, but as long as you trust them for your initial meetings, do it. Many times if you invest with them, it's free. Or pay $1,000 - $2,000 and don't invest with them.

You need to understand your risk tolerance first and foremost. You can have a plan created around it afterwards. Then, after analyzing the plan, which includes sharing your goals/wants/needs/assets/liabilities/etc., a good financial advisor should be able to provide you multiple options and estimated success rates.

The fee rate for this is usually around 1% annually. So, if you give someone $300,000, expect that person to initially make $3,000. It depends on the investment strategies you choose, as it may be a one time fee that is higher.
TopicI'm about to inherit just over 300k.
SideburnStalker17
10/13/21 11:52:46 AM
#58
As a licensed financial advisor, I suggest you meet with a financial advisor.
TopicAOC getting blowback on her dress and attending Gala
SideburnStalker17
09/16/21 6:25:29 AM
#72
Hey I'm rich I don't want to be taxed more.
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