money question
suppose you have 5 million dollars with only three investment options, which one would you pick?
type 1: 6% APR until you die. and you can withdraw 200k max a year.
type 2: -20% to 40% APR a year, this will change every year, and you can withdraw 400k max a year, but you have to keep all the money in this investment for at least 25 years then you can move it to type 3 or type 1 investment.
type 3: lose your entire bankroll or win up to 20 times your initial bankroll at any given time, but you can take out your entire balance anytime and put it into type 1 investment.
what would you do with the money?
type 1: 6% APR until you die. and you can withdraw 200k max a year.
type 2: -20% to 40% APR a year, this will change every year, and you can withdraw 400k max a year, but you have to keep all the money in this investment for at least 25 years then you can move it to type 3 or type 1 investment.
type 3: lose your entire bankroll or win up to 20 times your initial bankroll at any given time, but you can take out your entire balance anytime and put it into type 1 investment.
what would you do with the money?
