[–] newoldwave 0 points 1 point 1 point (+1|-0) ago
A million in the hand is worth a maybe 100 million any day.
[–] grlldcheese ago
Depends.
Could i call a rich friend and negotiate something?
Like he gives me 2 mil if i lose but he gets 40mil if i win.
The million and it's not even close.
Index funds have been hitting returns pushing towards 10% for many years now. That million is potentially worth $100k a year - indefinitely. Even if we assume we pay about 40% taxes on it, that's $60k a year and capital gains in countries like the US are taxed unreasonably low meaning we're paying a lower tax rate on that 60k per year than you'd pay if you worked for and earned $30k a year.
As a software engineer that's enough to be able to work on whatever projects I want for the rest of my life without ever having to concern myself with commercial viability.
[–] sakuramboo ago
Instant million. I don't need much so I know I could live off the the interest and investments from that million.
[–] HitlerIsBlack ago
I'd take the coin flip, a million is enough for me to live comfortably for the rest of my life, but the 100 mil is enough for my whole extended family, i'd do it for them.
[–] MistaMusick ago
Are we assuming taxes are being taken out? If not I choose the million because its guarantee I'll get something and I would have some money to invest and also pay off my school loans.