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Originally Posted by KRL
Investment wise its far better to take the lump sum.
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Sorry, I disagree. While it might be true that you could do better investing with all of it avaliable all at once, its also true that you could fuck up and lose everything with just a couple of stupid mistakes, which as a working man who just got rich overnight, you are bound to make.
If you take the annuity, at least you'd get a few more chances when your next year's payment came in. And I can bet that after pissing away the first year on something stupid, you'd be alot more careful with the remaining years.
