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Topic	$20 million now or $3k a day for life
gloBal enemy 09/20/19 8:40:14 AM #27:	K181 posted... This. It's also why lesser one-lump lottery sums are better if you're halfway intelligent with your money than having it doled out for the rest of your life. If you take the doled out amounts, you're essentially doubting your own intelligence and willpower. I agree with your logic - but unlike the lotteries where it's a lump sum or the same lump sum amortised over whatever number of periods (i.e. it's an equivalent amount), the 2nd option here is more similar to an annuity or potentially even a perpetual annuity. I suspect these are not an equivalent amount to the $20m at day 0 since presumably the TC picked an arbitrary number for this hypothetical. That being said, maybe it's worth doing a quick valuation... --- If you can understand this, I'm 2/cosC for you. <cite>gloBal enemy posted [p:927696574] in $20 millio... [t:78026603]...</cite> <quote>K181 posted... </cite> <quote>This. It's also why lesser one-lump lottery sums are better if you're halfway intelligent with your money than having it doled out for the rest of your life. If you take the doled out amounts, you're essentially doubting your own intelligence and willpower.</quote> I agree with your logic - but unlike the lotteries where it's a lump sum or the same lump sum amortised over whatever number of periods (i.e. it's an equivalent amount), the 2nd option here is more similar to an annuity or potentially even a perpetual annuity. I suspect these are not an equivalent amount to the $20m at day 0 since presumably the TC picked an arbitrary number for this hypothetical. That being said, maybe it's worth doing a quick valuation... --- If you can understand this, I'm 2/cosC for you.</quote> ... Copied to Clipboard!
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