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a woman won a choice between a million dollars or $1,000 a week annuity payment. I say she should take the million buy a house and invest the rest. This other guy says she should take the annuity and use it as collateral for a loan. Who's right?
↗ https://reddit.com/r/investing/comments/1pjdf4c/a_woman_won_a_choice_between_a_million_dollars_or/
https://www.reddit.com/r/interestingasfuck/s/9K5Nf683YY
The winner is a 20-year-old female. It's in Canada so no taxes on lottery winnings.
Here's my top common and you should be able to follow the conversation from there. I'm not an expert in investing, but I feel like I'm taking crazy pills that this guy thinks he can invest better than the bank's interest rates.