Which would you choose?
-
wrote on 18 Aug 2022, 17:45 last edited by
You can use this to see if your $50MM bet was worth it. For me? I lost.
-
wrote on 18 Aug 2022, 18:17 last edited by
$1M.
There's a reason guys date ugly girls.
-
wrote on 18 Aug 2022, 18:32 last edited by Mik
In my case, the 50. If I asked MFR, she’d say one. So, one it is.
-
wrote on 18 Aug 2022, 18:37 last edited by
I would go for the $50 Million, but I'd sell @jon-nyc the opportunity to go in half for a mere $500K...
-
wrote on 18 Aug 2022, 18:52 last edited by
@Mik said in Which would you choose?:
In my case, the 50. If I asked MFR, she’d say one. So, one it is.
LOL my wife also said "you know what my answer would be", she does not like risk.
-
wrote on 18 Aug 2022, 18:54 last edited by
The only reason I'm able to handle my money as I do, is that my wife is content to remain blissfully unaware of my stock market shenanigans.
-
This is basically just a clever variation of "how much money do you have."
wrote on 18 Aug 2022, 19:40 last edited by@Aqua-Letifer said in Which would you choose?:
This is basically just a clever variation of "how much money do you have."
Yep.
-
wrote on 18 Aug 2022, 22:04 last edited by
Suppose we change the choices to:
“Instant $1 Billion” vs. “50% chance to get $50 Billion”
What will it be?
-
Suppose we change the choices to:
“Instant $1 Billion” vs. “50% chance to get $50 Billion”
What will it be?
-
wrote on 18 Aug 2022, 22:17 last edited by
I asked Karla. Her response? “Before or after taxes?”
-
I asked Karla. Her response? “Before or after taxes?”
wrote on 18 Aug 2022, 22:21 last edited by@LuFins-Dad said in Which would you choose?:
I asked Karla. Her response? “Before or after taxes?”
Tell her “after taxes.”
-
wrote on 18 Aug 2022, 22:28 last edited by
A better question would be 20 yearly incomes vs 1000 yearly incomes.
-
Suppose we change the choices to:
“Instant $1 Billion” vs. “50% chance to get $50 Billion”
What will it be?
wrote on 18 Aug 2022, 22:29 last edited by@Axtremus said in Which would you choose?:
Suppose we change the choices to:
“Instant $1 Billion” vs. “50% chance to get $50 Billion”
What will it be?
Instant billion. They would change my life equally.
-
wrote on 18 Aug 2022, 23:17 last edited by Doctor Phibes
I'd go for the million. I'd be comfortable for the rest of my life (which is what I'm hoping for anyway). The other one has a 50% chance of me spending the rest of my life being told I should have pushed the red button, and also a moderate chance that I'd be totally f'd up by the experience.
I only know how I'd answer after asking the wife....
-
@Axtremus said in Which would you choose?:
Suppose we change the choices to:
“Instant $1 Billion” vs. “50% chance to get $50 Billion”
What will it be?
Instant billion. They would change my life equally.
wrote on 19 Aug 2022, 11:33 last edited by@jon-nyc said in Which would you choose?:
@Axtremus said in Which would you choose?:
Suppose we change the choices to:
“Instant $1 Billion” vs. “50% chance to get $50 Billion”
What will it be?
Instant billion. They would change my life equally.
Yeah, I can’t really see what the $50 Billion would add to Karla and my lives, my kids’ lives, or my future grandchildren’s lives. We would just be living off of the interest anyway…
-
wrote on 19 Aug 2022, 13:02 last edited by
I'm not even sure I'd even want a billion or 50 billion. They would likely ruin my kids in various ways.
-
I'm not even sure I'd even want a billion or 50 billion. They would likely ruin my kids in various ways.
wrote on 19 Aug 2022, 13:05 last edited by@Klaus said in Which would you choose?:
I'm not even sure I'd even want a billion or 50 billion. They would likely ruin my kids in various ways.
You could burn the cash in the wood burner?
-
@Klaus said in Which would you choose?:
I'm not even sure I'd even want a billion or 50 billion. They would likely ruin my kids in various ways.
You could burn the cash in the wood burner?
wrote on 19 Aug 2022, 13:07 last edited by Klaus@89th said in Which would you choose?:
@Klaus said in Which would you choose?:
I'm not even sure I'd even want a billion or 50 billion. They would likely ruin my kids in various ways.
You could burn the cash in the wood burner?
Just as easy as telling a drug addict to throw away his drugs.
-
I'm not even sure I'd even want a billion or 50 billion. They would likely ruin my kids in various ways.
wrote on 19 Aug 2022, 16:01 last edited by@Klaus said in Which would you choose?:
I'm not even sure I'd even want a billion or 50 billion. They would likely ruin my kids in various ways.
For that matter, wouldn't the $50 Million do the same? We're still talking an amount of money that just living off of the interest at a minimal 3% return would mean an annual income of $1.5 Million. I know inflation is bad, but your children and grandchildren will essentially be set for life without ever having to work. Maybe that allows them to focus their lives on noble pursuits or maybe they spend it on hookers and blow...
-
I'm not even sure I'd even want a billion or 50 billion. They would likely ruin my kids in various ways.
wrote on 20 Aug 2022, 02:26 last edited by@Klaus said in Which would you choose?:
I'm not even sure I'd even want a billion or 50 billion. They would likely ruin my kids in various ways.
That is a good point. There are so many stories about kids of rich people who wind up really in screwy ways.
How do you make kids not feel "entitled"? I think it would be best to keep it a secret that mom and dad are really rich.