Which would you choose?
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I asked Karla. Her response? “Before or after taxes?”
Me/rry/Christmas
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@LuFins-Dad said in Which would you choose?:
I asked Karla. Her response? “Before or after taxes?”
Tell her “after taxes.”
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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....
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@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…
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@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.
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@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...
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@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.
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I’d take the 50% odds, as long as MS took the $1MM.
