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1 million now or 10 million in 10 years

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#1 by tasman1 » Sat Feb 27, 2016 00:15

what will be your choice ? I will take 1 now
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#2 by Foreverrr » Sat Feb 27, 2016 00:19

Clearly 1 million now, from 1 million in 10 years I can make more than 10 millions plus you don't know what can happen tomorrow, so 10 years it's a long way :)

Are you offering millions? :P
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#3 by The_Helper » Sat Feb 27, 2016 00:39

tasman1 wrote: what will be your choice ? I will take 1 now

Yeah, I want it right now. :xrazz: In what currency are you giving it? US Dollars, Euro, or British pounds :?
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#4 by valerie » Sat Feb 27, 2016 00:49

I'd take the 10 million.

Ten years may seem like a long way off but in reality, it passes very quickly.

Although a million dollars is nothing to sneeze at, these days it is not a huge amount of money.
If you have family and friends you would like to give some money too, one million won't go very
far.

Of course, I would want the guarantee that the 10 million could be signed over to whomever I
wanted in the event I did not make it to collect in ten years.
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#5 by Fellow » Sat Feb 27, 2016 01:12

I'll take a million now. With it, I can make more than 10 million within the 10 years span.

When do I collect? :mrgreen:
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#6 by proadco » Sat Feb 27, 2016 02:25

I would take the $1 million

Then take $500,000

Find me area in a city that has low crime, older small homes that are ran down and buy up all the property on the entire block.

Remodel the houses and rent them all out.

Take the rental payments, go uptown into the middle class neighborhood, buy a house, make improvements, flip that property for profit, then do it again another dozen times.

While still have cash flow coming from the rentals, turning profit from flipping the better homes, then start taking that profit and buy a office building or a small retail strip outlet and have commercial rental property.

Still in the mean time, I'm making profit on my original investment of the income rental homes

Then I might build a twin tower type office complex.

Thereafter, may decide to build a golf course with a nice clubhouse.
Last edited by proadco » Sat Feb 27, 2016 02:30 » edited 4 times in total
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#7 by Nikorj » Sat Feb 27, 2016 04:57

Much like you Proadco.

Would take the 1m$ now and invest them in property in Copenhagen.

It would be an nearly 100% safe investment as prices in copenhagen are a one way ticket (up up up)

Can't see how it could go wrong,People are more than willingly paying 2,000$ a month for a 2 room flat here in the capitol.
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#8 by sweetpie3000 » Sat Feb 27, 2016 17:58

Take one million dollars. Call my boss. I am retiring. Taking my social security.
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