Phillips_91
Member
Registered: 20th Jan 10
Location: Blackpool. Drives: Sapphire Black Mk4 Astra 1.8
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1Billion, nothing ventured nothing gained!
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mwg
Member
Registered: 19th Feb 04
Location: South Lakes
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I'd take the million. I know what you are saying about it not going far these days but it would still set you up very nicely for life in terms of owning a really nice house with no mortgage.
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mike56gte
Member
Registered: 23rd Jun 09
Location: Fife, scotland Drives: Audi S3
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I garentee more than half the people saying they would take the gamble wouldnt if the actually situation was put in front of them.
I would take the million.
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Nath
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Registered: 3rd Apr 02
Location: MK
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quote: Originally posted by mike56gte
I garentee more than half the people saying they would take the gamble wouldnt if the actually situation was put in front of them.
I would take the million.
Suitcase full of notes in front of you and everybody would take the £1m. I don't care what anybody says.
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JonnyJ
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Registered: 23rd Sep 05
Location: Scotchland
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Gamble the for the billion then when I win that stick it all on zero.
What's 1 million quid like? You'd still be the poorest person on CS
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mwg
Member
Registered: 19th Feb 04
Location: South Lakes
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I would definitely be asking on here for recommendations for some portfolio managers
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cpcrampton
Member
Registered: 16th Feb 07
Location: Stirling
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StuartVRS
Member
Registered: 9th Feb 03
Location: Bromley Common, Greater London
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take the million buy 2 or 3 reasonable houses, rent them out and use that as income to eventually purchase more property to let and start to make some serious £££
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N3CRO
Member
Registered: 12th Apr 07
Location: Sandy, Bedfordshire
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I'd take the £1m. I'm not greedy.
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Russ
Member
Registered: 14th Mar 04
Location: Armchair
User status: Offline
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i'd take the £1m and buy haribo shares
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Jamie-C
Member
Registered: 3rd Jun 08
Location: Ballycastle
User status: Offline
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A million without a second thought!
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
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£1m and move house, finish my lorry and buy a cherry picker.
Invest a bit so it generates a bit of an income and combine that with the interest off the rest of it.
Billion is too much. Plus you might get nothing, and that would sting.
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andy_mk3
Member
Registered: 18th Dec 11
Location: Peterborough
User status: Offline
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I'd take the million.
Pay off familys' debts, live comfortably for many years.
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Toby
Premium Member
Registered: 29th Nov 05
User status: Offline
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I'd take the chance. Didn't have the million in the first place so my life wouldn't change. 1bn is to big a sum of money to walk away from
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Rob_Quads
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Registered: 29th Mar 01
Location: southampton
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The problem if everyone is offered the question is 1m suddenly becomes not a lot of money as a lot of people how have 1m or 1B so everything will suddenly jump in price. All the nice stuff will then be millions not 100,000s
Different if its a one off quiz
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harrisp
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Registered: 15th Dec 07
Location: Derbyshire
User status: Offline
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1 million, 400k on a nice house 100k on a few cars, 500k in the bank, maybe buy a couple of cheap houses to do up and rent out. Still work and live a comfortable life. Would be easy to waste it all but being sensible I would be very happy.
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Marc
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Registered: 11th Aug 02
Location: York
User status: Offline
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quote: Originally posted by JonnyJ
What's 1 million quid like? You'd still be the poorest person on CS
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Fro
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Registered: 20th Jun 06
Location: Rainham, Essex Drives: A3 2.0TDi Sport
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quote: Originally posted by harrisp
1 million, 400k on a nice house 100k on a few cars, 500k in the bank, maybe buy a couple of cheap houses to do up and rent out. Still work and live a comfortable life. Would be easy to waste it all but being sensible I would be very happy.
Too much to experience in the world to spend the rest of my life working when I could be financially stable for the rest of my existence without.
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sc0ott
Member
Registered: 16th Feb 09
User status: Offline
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Buy a car thats worth 1 million, and not think about running costs and insurance would be an option.
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harrisp
Member
Registered: 15th Dec 07
Location: Derbyshire
User status: Offline
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quote: Originally posted by Fro
quote: Originally posted by harrisp
1 million, 400k on a nice house 100k on a few cars, 500k in the bank, maybe buy a couple of cheap houses to do up and rent out. Still work and live a comfortable life. Would be easy to waste it all but being sensible I would be very happy.
Too much to experience in the world to spend the rest of my life working when I could be financially stable for the rest of my existence without.
After buying a house and a couple of cars you couldn't really retire so would still work but for my self not sure what doing probably plant hire or something you could still experience life whilst working.
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Colin
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Registered: 4th Apr 02
User status: Offline
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£1M is plenty to set you up a very nice life ahead of you if your wise with it.
I'd take the mil, I'm notoriously unlucky so if I gambled for the bil I'd end up with nil
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Scotty_B
Member
Registered: 11th Jun 03
Location: East Kilbride
User status: Offline
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I'll take the million.
Given the choice in the real world I doubt most would bet 50/50.
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mannion
Member
Registered: 26th Oct 11
Location: Leicestershire
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i'd go for the gamble if i'm honest, if it was a smaller percentage i'd take the million, and try live off the interest from the bank, or invest in a small business where it seems there will be more sales in a few years
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Ash_EP3
Member
Registered: 15th May 07
Location: Melksham, Wiltshire
User status: Offline
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£1m is plenty if you are sensible with it... You could easily buy a nice house a decent motor and have over half of it left... yea it's not enough for you to retire on but you will be able to retire a lot earlier than most!
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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Course you could retire on it.
Its well enough to generate a sufficient residual income that most people would have a comparable standard of living as when they were in a job.
[Edited on 16-06-2012 by Ian]
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