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I would pick 5000 per month just to have something to look forward to 💰stay human and grounded as well.

Sounds like a good reason. Then people couldn't ask you for all that money since you only get it monthly.

Won :)

Thanks man. It would mean alot if you resteemed this. I will give free upvotes to anyone who resteemes this.

Sure thing!

hypothetically the $5000 a month as I could invest pay my bills and have spending money as I am used to living on 725$ a month, if I had a million all at once I might be tempted to go out of budget.

My same thoughts. That is why I would pick the $5000 a month aswell.

Why you rather
A. Make up a hypothetical
B. Make a hypothetical a reality
C. Waste time

A million dollars. Invest $900k wisely and you get the $5000 a month plus $100k spending money.

true but investments can crash plummeting your million, if you have guaranteed $5000 if your wise that should be enough to spend live and invest for further gains.

Buy mutual index funds over the whole stock market. The only thing that will affect you is a major depression. The $5000 devalues with inflation- 30 yrs down the line it’s worth half. You can invest smarter than that.

There a some very wise strategies for getting through a major economic depression.

Find companies paying high yield dividends.

Calculate expected dividend pay out to expected stock depreciation, sell before depreciation exceeds expected dividend earnings.

High yielding dividend stocks with a low payout ratio (below the market average of 52%), tend to offer a high total return (dividends plus capital gains). While dividend stocks as a group have beaten the market in good times and bad, low payout dividend stocks do even better. A Credit Suisse report tracking stock returns from 1990-2008, showed that high yielding dividend stocks with low payout ratios outperformed all other variations of yield and payout, and they more than doubled the S&P 500's return.

If unsure about what is a good entry point for investing in any mutual fund, ETF, crypto, bond, stock decide on an amount to invest and set up a time frame for investing the determined amount. Set up multiple buys over the determined certain time frame. This strategy dollar averages your position in the market.

Setting up dropping off points are so important to investing smart. Always know how much you are willing to lose before cutting your losses. Also decide how much you would like to gain on any particular investment. If the gains exceed the amount you determined you wanted to sell at and you would like to continue holding then your dropping off point should be raised as well. For example, lets say you own 10 shares of "Company A" valued at $10 each and you would like to sell when the stock hits $12 per share or if it ever hits $8 per share. If the stock goes to $14 and you want to continue holding then your new dropping off point should be if the stock ever drops to $10 per share. Keeping that $40 distance between your dropping off point and desired gains point is important to being a disciplined investor.

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