It really depends on your current situation. If someone with kids facing eviction has to decide on the spot, I can see why they would pick the guaranteed $1M.
$1 Million Guaranteed or Coin Flip for $1 Billion?
- Thread starter lib123
- Start date
It really depends on your current situation. If someone with kids facing eviction has to decide on the spot, I can see why they would pick the guaranteed $1M.
Give me the sure thing.
A bird in the hand is worth two in the bush.
I see stories of people not taking settlement deals and go to trial and not get anything because they got greedy and wanted more.
A bird in the hand is worth two in the bush.
I see stories of people not taking settlement deals and go to trial and not get anything because they got greedy and wanted more.
wastedmermaid
Superstar
Gimme the guaranteed 1 mil easily
Everybody on the Coli swear they are investment gurus and can flip anything so in their mind they can flip the mil to 10 mil or 100 mil lol.
But the reality is that mil will be gone in a year for most people. Take the gamble and try to set your family up for generations
But the reality is that mil will be gone in a year for most people. Take the gamble and try to set your family up for generations
xiceman191
Superstar
Look I ain't no coli millionaire so a million right now would be life changing money for me. I would take that shyt in a second. I can pay off everything and still have a lot of money to work with for savings and investments. I might never reach a billy but I can at least upgrade my life.
MoshpitMazi
Moshpit Gxng/ Anti Fash
Coin flip
Yeah but if you miss that's a million dollar loss. If you when I mean that's good but if I can turn a million into a billion that's guaranteed to me so why take the shot a billion that's not guaranteedYou’ll never have an easier opportunity to make a billion than flipping a coin.
White City Black
Ol’ Basquiat head ass
I could see that last part for some people out there…with that low of an amount you might as well take the damn coin flipIf you already earning 6 figures, you aren't far off a million.
I'm flipping at those odds. I can live with walking away with nothing.
Some of y'all would take the guaranteed even if it was a 1000
I think if you make six figures annually without fail then it’s assumed you’d amass a million at some point. If you never been anywhere near that…Explain the bolded
Explain the bolded
If you making 6 figures and saving enough in your investment accounts you'll clear a few M by the time you want to retire. shyt, if you follow the FIRE methodology you can decide to retire earlier and be set for life.
It's way less likely that you'll be able to flip a million into a billion than this opportunity to flip a coin into a billion. Respectfully.
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Million is the east answer for people outside of the coli trillionaires
Flip, fukk that. If you got a 50/50 shot at a billion you take that all day.
A million with a dumb person might not even be around 3 years from now.
A million with a dumb person might not even be around 3 years from now.
