You understand what a nigga could do with 200k?
buy a small house in a low cost of living area lol
It will take 17 years to reach 1 million given the average stock market return is about 10% per year for nearly the last century
Unless you trade options or pick stocks, but then you're pretty much just gambling
and a million is 2.5% of 40 million
All of those probability people must be off the bean, then. I got some books to burn.
You mean expected value? That doesn’t really work here. If you had the option for a billion guaranteed and 10 billion flip, you would take the billion every time, even though the expected value is greater on the flip by $4 billion
Stat nerds would say flip a coin and I’d agree
?
even after 17 years with 10% return ur only making 2.5% of what you would have if you won the toss
ppl not taking the 200K never been truly broke before
Wrong.
200k? thats good enough for me
if you wouldve said 50k thats probably the threshhold where im gonna be flipping the coin
then again what do I need another 40 mil for
ppl not taking the 200K never been truly broke before
I’ve lost close to it, and I’d still take a chance on the 40m cause I know I can make 200k again
I’ve lost close to it, and I’d still take a chance on the 40m cause I know I can make 200k again
I can understand that
but also when I was truly broke I didn’t have the luxury to gamble on money like that
I needed what I needed. 200K is enough
even after 17 years with 10% return ur only making 2.5% of what you would have if you won the toss
Yeah I understand that but why are you telling me that lol
It's a hard option
on one had you have guaranteed 200k on another, you either get 40m or you're left with nothing
Actually, I’ll take the $200k, put 100k on Nikola Jocic getting a triple double and the win
To certain extend
40mil means you don't ever have to work and so as your kids
200k could buy you a house/condo or pay a downpayment for an expensive house
the latter is realistically the better outcome compared to putting your and your children livelihood up to a chance. I dunno the housing market in the us but from what I know 200k is half a decent home p much anywhere in the country so ye im taking it
Yeah I understand that but why are you telling me that lol
It's a hard option
on one had you have guaranteed 200k on another, you either get 40m or you're left with nothing
ya bro the pic explained it
i just know i also would be unbelievably irate and angry if i flip that coin and dont call it correctly. unfathomable regret and rage
i just know i also would be unbelievably irate and angry if i flip that coin and dont call it correctly. unfathomable regret and rage
Flip another coin to see whether you live with regret or get shot dead
i just know i also would be unbelievably irate and angry if i flip that coin and dont call it correctly. unfathomable regret and rage
jus calm down