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I don't want to retire. I love what I do for a living. A million bucks is more money than I know what to do with, to say nothing of 100 million. It makes more sense to me to take the million than to gamble with that much money.
It's not gambling since you didn't put any money up against it. It is just a chance. Obviously you don't have to retire, that's just a personal plus I see out of the 100mil.
If the trade off was you are either broke or you get the 100mil then I could see how this is gambling, but not getting it would mean you keep working at the job you say you love. Doesn't sound so bad to me
Either way it isn't bad. My thinking though is that there isn't much of a difference between 1 mil and 100 mil to me. Either way it's an obscene amount of money. 1 million is about 16 years worth of salary at a decent paying job. I also get that 100 mil is 1600 years salary. At that level though we're talking about an amount of money that I honestly cannot comprehend. Either way the money would be going into a nest egg since I can't think of anything that I would spend it on, so it's better for me to take the 100% chance of gaining it than a 50/50 shot of getting it.
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[–] oedipusaurus_rex ago
I don't want to retire. I love what I do for a living. A million bucks is more money than I know what to do with, to say nothing of 100 million. It makes more sense to me to take the million than to gamble with that much money.
[–] SocratesOP ago
It's not gambling since you didn't put any money up against it. It is just a chance. Obviously you don't have to retire, that's just a personal plus I see out of the 100mil.
If the trade off was you are either broke or you get the 100mil then I could see how this is gambling, but not getting it would mean you keep working at the job you say you love. Doesn't sound so bad to me
[–] oedipusaurus_rex ago
Either way it isn't bad. My thinking though is that there isn't much of a difference between 1 mil and 100 mil to me. Either way it's an obscene amount of money. 1 million is about 16 years worth of salary at a decent paying job. I also get that 100 mil is 1600 years salary. At that level though we're talking about an amount of money that I honestly cannot comprehend. Either way the money would be going into a nest egg since I can't think of anything that I would spend it on, so it's better for me to take the 100% chance of gaining it than a 50/50 shot of getting it.