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Cash or annuity ?

Topic closed. 19 replies. Last post 13 years ago by st.germain.

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plnwebguy's avatar - binary

United States
Member #3680
February 11, 2004
187 Posts
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Posted: April 22, 2004, 12:46 am - IP Logged

Speaking from experience, I would underestimate and I would be surprised :)  Actually it may be a good poll, something along the lines do the people you know or work with who only play in office pools understand how the jackpots work :)

later,

plnwebguy

 


    Slovakia
    Member #3545
    January 30, 2004
    39 Posts
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    Posted: April 27, 2004, 8:20 am - IP Logged

    Maybe they should change the rules and go for a lump sum tax free like in Europe.
    They have their reasons for not to do it that way , for sure, but tell me guys ..wouldn't you like it that way?

      repat's avatar - praying hands.jpg

      United States
      Member #3738
      February 16, 2004
      34 Posts
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      Posted: April 27, 2004, 4:22 pm - IP Logged

      No, I don't .


        United States
        Member #379
        June 5, 2002
        11296 Posts
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        Posted: April 27, 2004, 4:23 pm - IP Logged

        Why not?

          st.germain's avatar - Tarlor
          chicago ill.
          United States
          Member #3600
          February 4, 2004
          337 Posts
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          Posted: April 27, 2004, 8:27 pm - IP Logged

          Hi everyone..I would take the cash option for two reasons...first..we have all seen that businesses fail and sometimes governments do too and then of course,there  will be no more games(legally) and second is, that i think that I could invest my money more wisely then these people down at wall street for the next 20 or 26 years...just look at the real estate market which is still going through the roof, not to mention urban sprawl and rural sprawl. When thinking about the future and how to capitalize on it..I can't help to think about three major things to invest in and that would be ..food...shelter...and clothing.  I'll take my money now and take my chances with the world.NOW is better then LATER. Also , with all the things going on with mutual scandles and whatnot...for every one that gets busted from "cooking the books"  how many others are there getting away with "my" money. Trust no one but yourself!!!