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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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  • 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 Offline
            Doctor PhibesD Offline
            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

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              • 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.

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