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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Which would you choose?

Which would you choose?

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  • HoraceH Offline
    HoraceH Offline
    Horace
    wrote on last edited by
    #17

    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.

    Education is extremely important.

    1 Reply Last reply
    • Aqua LetiferA Aqua Letifer

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

      KlausK Offline
      KlausK Offline
      Klaus
      wrote on last edited by
      #18

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

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

      Yep.

      1 Reply Last reply
      • AxtremusA Offline
        AxtremusA Offline
        Axtremus
        wrote on last edited by
        #19

        Suppose we change the choices to:

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

        What will it be?

        Catseye3C jon-nycJ 2 Replies Last reply
        • AxtremusA Axtremus

          Suppose we change the choices to:

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

          What will it be?

          Catseye3C Offline
          Catseye3C Offline
          Catseye3
          wrote on last edited by
          #20

          @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.

          Success is measured by your discipline and inner peace. – Mike Ditka

          1 Reply Last reply
          • LuFins DadL Offline
            LuFins DadL Offline
            LuFins Dad
            wrote on last edited by
            #21

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

            The Brad

            AxtremusA 1 Reply Last reply
            • LuFins DadL LuFins Dad

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

              AxtremusA Offline
              AxtremusA Offline
              Axtremus
              wrote on last edited by
              #22

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

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

              Tell her “after taxes.”

              1 Reply Last reply
              • KlausK Offline
                KlausK Offline
                Klaus
                wrote on last edited by
                #23

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

                1 Reply Last reply
                • AxtremusA Axtremus

                  Suppose we change the choices to:

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

                  What will it be?

                  jon-nycJ Offline
                  jon-nycJ Offline
                  jon-nyc
                  wrote on last edited by
                  #24

                  @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.

                  "You never know what worse luck your bad luck has saved you from."
                  -Cormac McCarthy

                  LuFins DadL 1 Reply Last reply
                  • Doctor PhibesD Online
                    Doctor PhibesD Online
                    Doctor Phibes
                    wrote on last edited by Doctor Phibes
                    #25

                    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....

                    I was only joking

                    1 Reply Last reply
                    • jon-nycJ 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.

                      LuFins DadL Offline
                      LuFins DadL Offline
                      LuFins Dad
                      wrote on last edited by
                      #26

                      @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…

                      The Brad

                      1 Reply Last reply
                      • KlausK Offline
                        KlausK Offline
                        Klaus
                        wrote on last edited by
                        #27

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

                        89th8 LuFins DadL taiwan_girlT 3 Replies Last reply
                        • KlausK Klaus

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

                          89th8 Offline
                          89th8 Offline
                          89th
                          wrote on last edited by
                          #28

                          @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?

                          KlausK 1 Reply Last reply
                          • 89th8 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?

                            KlausK Offline
                            KlausK Offline
                            Klaus
                            wrote on last edited by Klaus
                            #29

                            @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.

                            1 Reply Last reply
                            • KlausK Klaus

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

                              LuFins DadL Offline
                              LuFins DadL Offline
                              LuFins Dad
                              wrote on last edited by
                              #30

                              @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...

                              The Brad

                              1 Reply Last reply
                              • KlausK Klaus

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

                                taiwan_girlT Offline
                                taiwan_girlT Offline
                                taiwan_girl
                                wrote on last edited by
                                #31

                                @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.

                                1 Reply Last reply
                                • IvorythumperI Offline
                                  IvorythumperI Offline
                                  Ivorythumper
                                  wrote on last edited by
                                  #32

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

                                  1 Reply Last reply
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