$1,000,000 now vs $1,000 a week for life

[Roo]

I don't know shit about investing so imma just take the shortcut that is 1k a week and live a decent and stable life.

You take the $1m and just leave it in decent interest rate savings account you'll be set for life

 

[Ask D question]

To the 1M gang, how much would I have to increase the 1k for you to switch sides?

2k a week with the inflation rate being a non factor would be way better than 1 mil

 

[Kurozumi Wiwi]

Taking $1m and investing it sounds smarter to me.

 

[Natalija]

2k a week with the inflation rate being a non factor would be way better than 1 mil

Agreed, having a constant income would be safer. No clue what I’d do with one million, would probably be wasted fast on fleeting wishes and bad investments