You've just won some money...

[stogie bear]

Yippee! You've just won a bank's competition (hopefully without having to dial a premium rate phone line!).

You're offered a choice of prizes all with a cast iron guarantee that they'll be paid out.

So which option would YOU choose and why?

(We'll assume the amounts are in US dollars but it doesn't matter, Ozzie, Canadian, Euro or Pound...)

[gizmo]

100,000 in ten year's would be right!
I would be able to take early retirement
and hopefully emigrate, and spend the rest
of my day's, chasing young , pretty LB,s
around LOS!  

[katoeylover]

Ye, take the hundred grand in ten years.

you'll be able to use the certificate as a security if you need it.

[rxpharm]

Hey SB, looking to see how many of us want instant gratification or can hang on for some security? Well, I would prefer to hang on for 10,000 a year for 10 years. As KL says you can always use the certificate as collateral if you want to borrow any extra for any purpose.

Hmm, looks like I read the payout wrong, paying 100,000 after 10 years is finished, but I still agree with KL.

Unfortunately this is no longer a sum that can allow a person to retire, but certainly it helps!

[mardhi]

I'd take the 10k now - I reckon I could turn it into more than 100k in 10 years.

Cheers
Mardhi

[Guest]

10k now and have 80 st with Mint or 40 with areeya.

[SamplerDoc]

 Well.....SB.....
I'm Waiting for My Cash  

[divertwo]

20k in 1 year....give me time to plan and is pretty go return after just 1 year of waiting.....and future is promised to no one

[Guest]

(divertwo @ Jun. 22 2007,01:52) 20k in 1 year....give me time to plan and is pretty go return after just 1 year of waiting.....and future is promised to no one

agreed- thats the best one imo


(ps brilliant question stoogie)

[TiaoLang]

For sure take the $10k now. I agree with Mardhi, I could turn that into a larger amount quite quickly.

[nigel69]

$100,000 - You would have to make over 15% per year ,on your $40,000 in 5 years, to come close to the $100,000 amount and you wouldn't have to manage it along the way. Just more to add to the retirement fund.

[Guest]

I voted $40,000 in five years.

I doubt I will be alive and kicking in 10 years. My daughter will be in the middle of college in five years. Even though I have planned for and made arrangements for her college years it would still be nice to have a "little more."

I also have an annuity maturing in about five years. The long term plan is to use it to pay the house off early so the wife will have no problems once I kick the bucket.

In short, if I won I would use the majority of it for family (I may sneak 10% out and try my damnest to make a "training trip" to LOS).

Rebel Ray

[Guest]

(SF1B4 @ Jun. 22 2007,09:30) I voted $40,000 in five years.

I doubt I will be alive and kicking in 10 years.  My daughter will be in the middle of college in five years.  Even though I have planned for and made arrangements for her college years it would still be nice to have a "little more."

I also have an annuity maturing in about five years.  The long term plan is to use it to pay the house off early so the wife will have no problems once I kick the bucket.

In short, if I won I would use the majority of it for family (I may sneak 10% out and try my damnest to make a "training trip" to LOS).

Rebel Ray

You have children? And doin ladyboys?

[stogie bear]

You have children? And doin ladyboys?

Yeah, Rebel Ray... what's with that? (And where does the fetus gestate?)

[Guest]

Haha, now this could be interesting

sf1b4, do tell the secret.