Last week I'd have flipped the coin without thinking. This week I'm taking the 100K without thinking. Life comes at you fast.

I'm all in on the million. 100K is a nice chunk, but not life altering.

$1 Mil is not a lot of money either. I witnessed over $1MM shrink to nearly nothing on the last downturn of the market when my father retired at the wrong time and maybe a bit to early.

Can't blame him for doing it though. Mom was diagnosed with Lymphoma and he wanted to spend time with her.

100k no question

50% chance at a million? That's an awfully tough call, but I think I'm going for it.

Million every time

I think I roll the dice. The way I see it, a 50/50 chance at $1M is worth more than $100K.

 

Granted, I might sing a different tune if I was going to get to pay real bills with real money and not answering a hypothetical. :lol2:

100,000 would be incredible. No chance I'd pass it up. If I rolled the dice and lost, I'd never get over it.

guaranteed 100K all day long

I'd take that 100K and add it to my pile and it would grow.

 

It would be worth about $1M in 25 years at 10% per year.

Take the 100K. There's no such thing as an even chance. :lol2: That amount would pay off everything but about 1/4 of what I owe in my house.

I wish I could be like some of you and say (basically) 100K isn't anything if you have a chance at a million. For ME, even 100K would be life changing. By that, I mean, I'd not have to worry about finances again. I'd have to keep working, yeah..But I don't mind that. Just knowing I owed no one or owed very little would be a huge weight off my mind.

I wish I could be like some of you and say (basically) 100K isn't anything if you have a chance at a million. For ME, even 100K would be life changing. By that, I mean, I'd not have to worry about finances again. I'd have to keep working, yeah..But I don't mind that. Just knowing I owed no one or owed very little would be a huge weight off my mind.

 

My thing is your base is you dont have either, so why not go for the max amount.

My thing is your base is you dont have either, so why not go for the max amount.

 

See, my thing is, I've been in the direst of straits before....and I've had the rug yanked out from under me and had to start over too many times. I'm going safe every day. Life isn't too fun when taking too big of risks. Take the safe route and use as a foundation to build upon. That's my thing.

Edited August 12, 201610 yr by rockmom
Egregious misspelling

See, my thing is, I've been in the forest of straits before....and I've had the rug yanked out from under me and had to start over too many times. I'm going safe every day. Life isn't too fun when taking too big of risks. Take the safe route and use as a foundation to build upon. That's my thing.

 

I think if I was older I would take the 100k... And I agree with you, that amount would be life changing as well. But even at my age, a million ends my financial worries for good. 100k doesn't.

It would be worth about $1M in 25 years at 10% per year.

 

10% ROI? I might fire my guy and meet with you.