Which would you choose?

[Mik]

In my case, the 50. If I asked MFR, she’d say one. So, one it is.

[LuFins Dad]

I would go for the $50 Million, but I'd sell @jon-nyc the opportunity to go in half for a mere $500K...

[89th]

@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.

[Horace]

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.

[Klaus]

@Aqua-Letifer said in Which would you choose?:

This is basically just a clever variation of "how much money do you have."

Yep.

[Axtremus]

Suppose we change the choices to:

“Instant $1 Billion” vs. “50% chance to get $50 Billion”

What will it be?

[Catseye3]

@Axtremus

Laughter.

I couldn't take it seriously enough to even try.

Not to mention, I'm not sure I'm up for the problems winning a bil would bring me.

[LuFins Dad]

I asked Karla. Her response? “Before or after taxes?”

[Axtremus]

@LuFins-Dad said in Which would you choose?:

I asked Karla. Her response? “Before or after taxes?”

Tell her “after taxes.”

[Klaus]

A better question would be 20 yearly incomes vs 1000 yearly incomes.

[jon-nyc]

@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.

[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....

[LuFins Dad]

@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…

[Klaus]

I'm not even sure I'd even want a billion or 50 billion. They would likely ruin my kids in various ways.

[89th]

@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]

@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.

[LuFins Dad]

@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...

[taiwan_girl]

@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.

[Ivorythumper]

I’d take the 50% odds, as long as MS took the $1MM.