Which would you rather have?

Asset or cash?

  • Option A

    Votes: 0 0.0%
  • Option B

    Votes: 10 90.9%
  • 500 dollars cash and Dinner with Ja rule

    Votes: 1 9.1%

  • Total voters
    11

Scustin Bieburr

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Would you rather have an asset that you purchase for 200,000 dollars(could be land, a collectable, house, stocks) which is guaranteed to double in value every five years(option A)

Or

5 mil in cash or a mix of cash and stocks(of your choice) right now?
 

Scustin Bieburr

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:heh: Only one of these is guaranteed and it's actually land
If you had 5 mil you could spend it on various lands and houses.

How much they go up in value though is questionable.

And before anyone asks: the asset would in fact be in an area that doesn't get assaulted by natural disasters.
 

cyndaquil

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200000 × 2^5 = $6,400,000

So it would need to double 5 times to be worth more than $5 mil
That is 25 years.

When you could have $5 mil right now...
Granted it will not double in value but you're guaranteed it.

Yeah gimme the 5 mil...
 

cyndaquil

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5 million cash

U not guaranteed to live every 5 years to see that asset grow
If it doubled every year rather than 5 years it would be a much more compelling scenario cuz at 10 years you're up $200 mil

I think that's worth risking never getting it
 
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