this post was submitted on 30 Dec 2024
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The lump sum will grow to be worth more than the annuity over the same period if properly invested
Ah yes, the thing nobody is ever actually taught nor follows.
If you win a large amount of money, you don't need to learn how to invest it. You now have the money to pay someone to do that for you. You just need to not be stupid enough to skip this.
Good luck not hiring a scammer…