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Updated about 7 years ago,
Good idea or bad idea!
so, let's say that I came into some money due to a lawsuit, and my lawyer spoke to me about investing some of it into a structured settlement for example.
1,000,000 initial investment for 20yrs at 2.79% IRR
At the end I would get back my initial investment of one million plus a profit of $552,847 tax free, for a total of
$1, 552,847. That $552,847 would be paid out to me at $2,303.53 a month for 20yrs....
Or, should I invest it into realestate?