[–] brucethemoose 0 points 11 points 11 points (+11|-0) ago (edited ago)
That's easy.
Sell the $100 million gamble to a rich investor for $40 million, walk away.
[–] goatsandbros 0 points 3 points 3 points (+3|-0) ago
An investor this rich would probably be smart enough to offer you $2 million (take it or leave it).
[–] brucethemoose ago
It's a competitive market. Just ask someone else, play them off each other.
[–] [deleted] 0 points 1 point 1 point (+1|-0) ago (edited ago)
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.
If you invest a million dollars properly you can retire on it. But I choose answer C. I have a gun and i take 101 million.
[–] chryseos-geckota ago
1 million would definitely do for me. It'd be incredibly tempting to "flip the coin," but I think I'd take the million. Probably 20 years work for most of that to earn that much, after taxes.