guytrades
1.2K posts

guytrades
@guylikehim
Forex Trader / Crypto Mentor $STOCK MARKET investor
This Guy Trades Katılım Ekim 2019
525 Takip Edilen132 Takipçiler

@aakashgupta how much of the 1m would have been taxed though?
and can't she use the payouts for life to get a loan, develop a portfolio, then service the loan using her payouts and still eat off her portfolio
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The spreadsheet math on this is brutal. She left roughly $54 million on the table. Yet she probably just made the best financial decision of her life.
$1M in an S&P 500 index fund at age 20 compounds to approximately $58M in inflation-adjusted terms by age 80. The historical real return is about 7% annually over 97 years of data. Her annuity pays $52,000 a year. Over 60 years that totals $3.1M. The gap is 18x.
Every finance account in these replies will tell you she's wrong. The compounding math is clear. Take the lump sum, put it in VOO, don't touch it for 60 years.
The Certified Financial Planner Board says roughly a third of lottery winners declare bankruptcy within five years. Illinois court records show 28% of winners who won $50K or more went bankrupt in the same window. The average winner spends 60% of their winnings on family and friends in the first two years.
She's 20. Peak impulsivity, minimal financial literacy, and every person she's ever met just found out she has a million dollars in her checking account. The $1M doesn't go into a Vanguard account. It goes into the most socially pressured spending environment a human being can occupy.
$1,000 a week is a permanent $52K salary, tax-free in Canada, that arrives whether she makes good decisions or catastrophic ones. Can't be drained by a partner. Can't be lost to a scam. Can't be "invested" in a cousin's restaurant. Shows up every Friday for the rest of her life.
The spreadsheet says lump sum by 18x. The data on what actually happens to people who receive $1M at 20 says she just bought the most expensive insurance policy in lottery history, and it was worth every dollar she gave up.
DividendBoomer@BoomerDivvies
An 20-year-old Canadian girl won $1M (tax free in Canada) in the lottery and chose $1,000/week instead of the lump sum. Is this wise or the worst financial decision of her life? What are you doing when this happens to you??
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@BeeTeem19 @NthiaNadia @SafaricomPLC @Safaricom_Care yeah, in this era of CCTV safaricom wangekuwa serious wangepata mwizi...
Indonesia

@guylikehim @NthiaNadia @SafaricomPLC @Safaricom_Care That agent should then be tasked by @SafaricomPLC to produce the person because she/he should have produced their ID for that transaction.
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.@SafaricomPLC @Safaricom_Care have normalized daylight robbery, and they’re unapologetic about it
My mum recently lost KES 511,000 from her Mpesa (withdrawn in Nairobi while she was in London) only for Safaricom, after engagement via her lawyers, to offer KES 90,000 compensation
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@guylikehim @NthiaNadia @SafaricomPLC @Safaricom_Care But that is a secondary way to authorize the primary being pin - anyway even with a finger print only it’s even worse because it means that’s an inside job because no one has her finger print
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@Winnie_Maybach @NthiaNadia @SafaricomPLC @Safaricom_Care you can authorize a transaction on mpesa app using only your fingerprint.. pin is only used one time ukisign up... maybe she was gotten there*
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@guylikehim @NthiaNadia @SafaricomPLC @Safaricom_Care Even if she told someone she’s traveling only she should authorize any transaction by using her pin - that’s an inside job
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@panyako @NthiaNadia @SafaricomPLC @Safaricom_Care ukituma pesa wrong number alafu saf wareverse nusu, wakwambie nusu ingine mtu ametumia...is that wrong reversal grounds?
Indonesia

@guylikehim @NthiaNadia @SafaricomPLC @Safaricom_Care Why would @Safaricom_Care @SafaricomPLC offer compensation for an inside job?
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@NthiaNadia @SafaricomPLC @Safaricom_Care only way safaricom can care is reducing daily transaction limit, max amount mpesa can hold, (which is not beneficial to other users)
get CCTVs from the agent or device ID which was used to withdraw
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@guylikehim @SafaricomPLC @Safaricom_Care She doesn’t inform anyone of her travel plans. Ever.
Let’s not make excuses for Safaricom. They had a duty of care, they are in breach of the same. Period.
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@SiayaFinest041 @mzee_ki kukuwa mala ama maziwa inaachana na the curd
Filipino

@Shad_khalif OP thought he found a serious security flow...hihihi
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Guess what!!???? Still getting the same PIN!!!!?????

Shad@Shad_khalif
Okay this is interesting. This is the fourth time I have gotten the same PIN with Uber today
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@HonestarsenalF 20k you bought land, build a house and bought a car, ooh, it's Ngn
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It was when my mum called me a money ritualist that I realized the rumor had spread everywhere because of the $20k i miraculously received.
2020, benefit year! An unforgettable moment. Some guys were selling funds to me ranging from $3k to $25k and even $30k. One day, $20k dropped into my account and no one ever came to claim it. I couldn’t even tell who it came from. I waited for a week, but nobody came for the money. It was $15k.
I withdrew the money. I started doing things for myself ,bought land, started building, and got a car. It shocked everyone because everything happened suddenly, but nobody knew where the money came from.


AYOMIPOSI 👑@HonestarsenalF
What’s the weirdest rumor you’ve heard about yourself😂
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@mbiti_mwondi enyewe you struggle to make everything about you, hauwezi ona topic inatrend unyamaze tu
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The normal average person thinks Nick the Nigerian CEO who headed many top companies killed himself because of that lady’s blackmail,those who like thinking beyond the surface value know why the guy probably killer himself and why the lady was used as a scapegoat in those conversations.
When you become that big and successful especially for an African man,having a child with a side chick isn’t a reason enough for you to kill yourself.
Those messages were leaked intentionally with the consent of that CEO,you’re daft if you think such a successful man cannot tame a mere side chick.
Think deeper and you’ll understand the probable cause of his death!
I think I should write a book on the Psychology of Homicide and Suicides in our setting!
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@JoshOO1J @kijana_misa kamoo naona ulinunua account, wacha nikublock tena
Filipino

@kijana_misa No. Chimano is still making music and has a good number of listeners. Gogomaybeb ndiye prime yKe imeisha. Nowadays people don't need MCs anymore
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Since Maverick Aoko accused Mc Gogo of being a SIM 2 member, things have never been the same for him.
It feels like that accusation really damaged his career. I checked his YouTube channel recently, and his current videos—especially the mixes—struggle to even hit 10K views, whereas before he used to pull in over 100K views per video.
The question remains: did Maverick Aoko actually damage Mc Gogo’s career, or is this just the usual pattern where Kenyans hype you up during your peak and then move on and forget you once the excitement fades?

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We’ve been on a side-quest, and we have good news from the other side! 40 million Kenyans now have a bitcoin Lightning Address! They didn’t need to sign up for one because they had it this entire time, attached to the phone number in their pocket!
Try it: send bitcoin to 0717252303@bitcoin.co.ke (254 is optional). The BTC arrives as KES in their M-Pesa. ⚡ EVERY M-Pesa number works. All 40,000,000.
Wallets with LUD-09 support give you a nice clickable link to see your M-Pesa receipt. For example: bitcoin.co.ke/receipt/6528a4…
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@shadrac_matata wewe na wewe si umeride hii kitu Sana, ungekuwa cyber sec expert si ungekuwa philosopher because of shenanigans we see daily
Filipino

There's this negligible event with a 1% chance that you think nobody will figure out, sharp boys will find it. Trust me.
Shadrack Matata@shadrac_matata
I thought I could outsmart sharp boys lakini wapi. Wanaunda hadi KRA PIN za marehemu.
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