[Poll] Money and Age

Discussion in 'BBS Hangout' started by Rocket River, Jul 14, 2017.

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Which situation would you rather have?

  1. 1. Get 2 Million dollars at age 20

    10 vote(s)
    12.5%
  2. 2. Get 10 Million dollars at age 30

    58 vote(s)
    72.5%
  3. 3. Get 50 Million dollars at age 50

    10 vote(s)
    12.5%
  4. 4. Get a Billion Dollars at age 65

    2 vote(s)
    2.5%
  1. Rocket River

    Rocket River Member

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    Just an interesting thought from a conversation with friends. .
    Which would you rather :

    1. Get 2 Million dollars at age 20
    2. Get 10 Million dollars at age 30
    3. Get 50 Million dollars at age 50
    4. Get a Billion Dollars at age 65

    I thought about this and I think 10 million at 30 would work best
    If I got 2 million at 20 .. . . I dunno if I would have anything at age 25 :D

    The thing is .. . to think of this as you were then not as you are now
    or how you think you will be . . .. .
    (This is assuming that you will live to these ages :D in relatively decent health)

    Rocket River
    It's the summer. . . people suppose to be bored
     
  2. Juxtaposed Jolt

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    I'm not sure if you can retire at 20, with 2 million dollars; for me, I know I can retire at 30 with 10 million.

    It all depends on one's lifestyle, though. Some people want a spouse and 3 kids; some people want to be single forever. Some people want the biggest houses and fancy cars to drive every 5 years; some people don't.
     
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  3. Exiled

    Exiled Member

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    4-b/c : if you've a billion by 65, most likely you would had started your 20s with a few millions
     
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  4. TheMystery008

    TheMystery008 Member

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    Option two is the best in my opinion as long as we are talking about post tax here.
     
  5. HR Dept

    HR Dept Contributing Member

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    $30 @ 10. Is for aur have $100 by 35 and a billion by 50.
     
  6. LosPollosHermanos

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    between 2-3
     
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  7. REEKO_HTOWN

    REEKO_HTOWN Contributing Member

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    If I has $2 mil at 20 I wouldn't make it to 30.
     
  8. Dr of Dunk

    Dr of Dunk Clutch Crew

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    When you say "get" what do you mean? Reach that amount at that age or pretend somebody gives it to you at that age? If you mean the former, I'd say it's between 2 and 3, and I'm leaning towards 2.
     
  9. juicystream

    juicystream Contributing Member

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    I went 2, but 3 would be tempting. $50M is enough money to handle all of my wants, while $10M, at least with another 50 years to live would not be.

    Still $10M would be enough to live on for the rest of my life living my current lifestyle.
     
  10. Jontro

    Jontro Member

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    2 mil at 20 and buy the rockets! #makerocketsgreatagain
     
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  11. el gnomo

    el gnomo Member

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    You could put the $10MM in a savings account and make ~$100K/yr. Put it into low risk investments, and make even more than that.
     
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  12. Mathrocker

    Mathrocker Member

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    Exactly im off the mindset that your 20s should be spent maturing and finding your relevance in the world.

    Lord knows what i would be doing if i feel bored, confused, and lonely at 21 with millions of dollars in my account.

    Too many escorts lol jk
     
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  13. Duncan McDonuts

    Duncan McDonuts Contributing Member

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    Take the $10 mil. Put it in index funds and gain an easy 8%, living off $800k/year.
     
  14. Rocket River

    Rocket River Member

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    Think of it like a Trust

    Rocket River
     
  15. Rocket River

    Rocket River Member

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    I worry about that myself
    I think it is esp interesting to see these kids in the Summer Leagues
    Who have millions coming in

    When I sit and really think about it . .. I can easily see how some players go broke

    I try to think of a 20 yr old me telling all around me NO NO NO NO
    30 yr old me would not have any problems with it .. . . .

    Rocket River
     
  16. pouhe

    pouhe Member

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    I wouldn't ask for much to be 20 again, assuming tuition and off-campus housing's paid, I don't have to ride Metro and most importantly it's the late '90s.
     
  17. daywalker02

    daywalker02 Member

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    Can there be a option 400 Million at age 55?

    Folks should know the more sports you do and healthy you live, 55 and 60 are not a problem.

    Men spend their money differently than women. I am not a big spender.

    So probably would invest more and not go after sports cars, different women, luxury stuff.
     
  18. jsingles

    jsingles Member

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    I went with 3. I'm in pretty good shape and think I can stay pretty darned active into my late 60's, getting $50M at 50 means I retire on the spot and can actively travel and enjoy myself without any worry. I'd spend my spring and early summer months in Florida or New England on a chartered yacht sailing the waters.
     
  19. Haymitch

    Haymitch Contributing Member

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    I'm 30 now so that option sounds the best.
     
  20. body slam

    body slam Member

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    Being in my early 40's 50 at 50 is tempting, but 10 at 30 seems ideal.
     
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