| json_metadata | "{"app":"Musing","appTags":["money"],"appCategory":"money","appTitle":"Would you rather receive 10 million today or 100,000 € monthly for the rest of your life?","appBody":"<p>Well, you need to be wise in answering this one. One to consider will be the \"age\" that you currently have. Technically, younger ones should pick 100,000 monthly (of course!) like me. A 23-year old brat in the Philippines. We need to be literate financially and decisions like this is part of being literate and mature. So, I should pick the 100,000 monthly rather than receiving the one time payment of 10 million. Very simple explanation.</p>\n<p>- I only need 100 months to get the 10 million. Which is basically equal to 8.33 years. I am only 31 years old that time. If God willing, it is an extremely low age. That's totally I ronic, I could enjoy the benefits of it for a lifetime if I get to choose 100,000 monthly. Say I live in the life of 70 years. How much profit do I get? Easy, 100,000 x 47 years x 12 months = 56,400,000 (that is to consider I will die at the age of 70. Pretty much easy big returns :)</p>\n<p>- That pick is a pick of an investor. A mindset of a winner. A mindset of a businessman. A mindset of a true wise man.</p>\n<p>------------</p>\n<p>However, not all people would pick that one. One typical example to consider will be the age of the recipient. The older the recipient gets, the less chances he will receive the 100,000 monthly.</p>\n<p>Another important reason why people would pick 10 million will be they have something to be paid. Probably a debt, or a health bill, or something that they want to spend their money with.</p>\n<p>But for me, damn! I'm picking the 100,000 monthly and no one in the earth will change my mind ofr it :)</p>","appDepth":2,"appParentPermlink":"p3xd99885","appParentAuthor":"fabioladiaz","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
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