1 billion now because of uncertainty. Abeg nobody knows tomorrow

A bird in the hand is better than that in the bush..

Nolaneye:
All that matters is "what are your plans".
You can give a man 1 billion now but if he has no plans on how to spend it, it will be wasted but give a man 1 billion today, if he has plans.. he will make double if not triple in 6months or a year.
Same goes for the weekly 1m.
But if I am to choose, I will take the whole once. Anything can happen.. life is understood now, you can't say what can happen in the next 1hr or 1day or 1 week or 1year. Another Buhari can happen and before you know they tell u the 1m can't be paid again.

Waste 1 billion naira , how?
Is his brain paining the person

otabuko:
. That's 46 mil a year and you are not going to get 1 billion in 20 years ni

52 million yearly but still, how is someone sure he/she will live for the next 20 years?



1 billion FTW!!!

IAmNotYourMate:
I found this question somewhere and I found it really interesting. Although it is hypothetical, but let's pretend you are faced with this question and need to make a choice. Let's also assume that you don't have to pay taxes on either options and you are still less than 45 years old.

na question be diz?

stag:
Before I choose, let me ask: 1million Naira every week for how long?

*After some calculations, even if the 1million Naira is for a lifetime, a slump sum 1billion naira is way to go!

You have a point


By I'd go for the weekly. I'd make the 1billion in 20Years's which makes sense considering my age

mjbaba:
This is quite Dumb and a no brainer. I am even disappointed in the mod that pushed it to front page. As in, it's not something to even think about .

So, imagine 1m a week. It will take you about 19 years or so to have collected 1B. So how do you do meaningful investment that involves bulk money? You will just be spending it as is it coming and never amount to much.


Now Imagine 1B, if your focus in life is small small weekly money, still accept this option. Then take the 1B to your bank and fix it in a deposit account. Imagine if they accept it at 12% per annum. You will earn 120,000,000.00 a year as interest. You can demand that you want it weekly. You will still be getting like #2.5m a week, and your 1B is intact.

That is not to talk about other factors like inflation. In 10 years , that 1m you plan to be receiving weekly may not have as much value as 200k received today. So why not receive it today and invest in something that appreciates in value.

What if you opt for 1m weekly and you die next year. I know you will shout it's not my portion. Sharrap. Those younger than you that have died, na their portion?? At least with 1B, your family will be taken care of

So if you had chosen 1m weekly, RECEIVE BRAIN!!!!!!

its easy as u talk am so but don't forget u can also loose that money to fraudsers when u are looking for where and what to invest it. I pray you aren't a prodigal son who has high taste for material things, u might just blow 300m on Ferrari or Lamborghini, buy expensive house in vgc worth 500m and start clubbing with the rest.


If the 1m is every week till eternity, I will go for that. I am top young to control 1b, I go dey do anyhow and might end up spending it foolishly.

fastgyal:
1bn now. I'd set up my business and employ you.

biz like?

eddy1234:
1 million every week.wisdom speaks

Wisdom? What happened to the word "investment"? You will have to wait for 1000 weeks (19 years) before you can receive up to 1 billion naira.
Why not collect N1 billion now and be additional 10 billion naira richer in 19 years to come? That's wisdom.

Abeg carry D 1billa cool cash gee me right away without no further delay, na who the 1 milla is coming money every wk epp?

stag:
Before I choose, let me ask: 1million Naira every week for how long?

*After some calculations, even if the 1million Naira is for a lifetime, a slump sum 1billion naira is way to go!

Give is this day, our daily bread... I go for one million a week if guaranteed!

One billion of course. Money � has time productivity.

agarawu23:
its easy as u talk am so but don't forget u can also loose that money to fraudsers when u are looking for where and what to invest it. I pray you aren't a prodigal son who has high taste for material things, u might just blow 300m on Ferrari or Lamborghini, buy expensive house in vgc worth 500m and start clubbing with the rest.


If the 1m is every week till eternity, I will go for that. I am top young to control 1b, I go dey do anyhow and might end up spending it foolishly.

Oga prodigal son no be for 1b.
Ib can make a mad man sensible.
1b can make a prodigal son get sense.
1b can make the bones to rise again

braine:


You have a point


By I'd go for the weekly. I'd make the 1billion in 20Years's which makes sense considering my age

Granted, you'd make the 1billion by the time you're 40. But have you wondered what can become of 1billion Naira in 20 years time? I guess not!

I don't know when I will go to meet my maker so I go for the 1 billion and besides people can change their mind on decision already made.

agarawu23:
its easy as u talk am so but don't forget u can also loose that money to fraudsers when u are looking for where and what to invest it. I pray you aren't a prodigal son who has high taste for material things, u might just blow 300m on Ferrari or Lamborghini, buy expensive house in vgc worth 500m and start clubbing with the rest.


If the 1m is every week till eternity, I will go for that. I am top young to control 1b, I go dey do anyhow and might end up spending it foolishly.

He said that if you're investment shy, just put it in a fixed account. Government bonds are there, safe and secured.
If you can waste a 1 billion naira lump sum, what makes you think that you won't waste a patry sum of 1milla weekly.
And sorry, 1milla weekly for how long wasn't specified

SUPOL:
Give is this day, our daily bread... I go for one million a week if guaranteed!

A lump billion will not only give you your daily bread, it will butter it.

I prefer the1b now so that I can plan for the future. A bird in hand is worth millions in the bush.

Emzyme:


Waste 1 billion naira , how?
Is his brain paining the person

I don't think you have had encounter with NBAs before, you will know that some people are just born dumb.
Some say money makes one grow up but I don't really know how true this is though!

Josephamstrong1:


Oga prodigal son no be for 1b.
Ib can make a mad man sensible.
1b can make a prodigal son get sense.
1b can make the bones to rise again

if I hear, like play like play e go finish. 1b fit buy one house for vgc

Million everyweek all the way for lifetime!! ;DMillion everyweek all the way for lifetime!!

Well I'll use the 1billion naira to set up a business that brings me 1million naira every week so...

I million Naira every week o..

After all i no get any thing to do with money wy go make hurry hurry

Phi001:

52 million yearly but still, how is someone sure he/she will live for the next 20 years?



1 billion FTW!!!

that's the more important reason to grab it once naw. Knowing that no one knows when he's going to the yonder side.

Nolaneye:
All that matters is "what are your plans".
You can give a man 1 billion now but if he has no plans on how to spend it, it will be wasted but give a man 1 billion today, if he has plans.. he will make double if not triple in 6months or a year.
Same goes for the weekly 1m.
But if I am to choose, I will take the whole once. Anything can happen.. life is understood now, you can't say what can happen in the next 1hr or 1day or 1 week or 1year. Another Buhari can happen and before you know they tell u the 1m can't be paid again.

Another BUHARI can happen

maasoap:

He said that if you're investment shy, just put it in a fixed account. Government bonds are there, safe and secured.
If you can waste a 1 billion naira lump sum, what makes you think that you won't waste a patry sum of 1milla weekly.
And sorry, 1milla is not for eternity, it is just for 19 years.

I still prefer 1m a week, the question didn't state 1m will be paid for 19 years. I will keep taking the 1m if I die, my children will continue talking it

1m naira every week o

xcommando:



Another BUHARI can happen

Are you asking a question or you agree with the statement?

agarawu23:
I still prefer 1m a week, the question didn't state 1m will be paid for 19 years. I will keep taking the 1m if I die, my children will continue talking it

This man, don't make me laugh. Then, your grandchildren will continue, then your great grandchildren and so on. Everyone is entitled to their opinions, I think this what the topic is all about.

maasoap:

This man, don't make me laugh. Then, your grandchildren will continue, then your great grandchildren and so on. Everyone is entitled to their opinions, I think this what the topic is all about.

mjbaba:
This is quite Dumb and a no brainer. I am even disappointed in the mod that pushed it to front page. As in, it's not something to even think about .

Although this scenario is quite unrealistc, I will add my opinion to it as a guide for people who may be faced with decisions on whether to accept bulk money now or take it in bits, over a period of time.

So, imagine 1m a week. It will take you about 21 years or so to have collected 1B. So how do you do meaningful investment that involves bulk money? You will just be spending it as is it coming and never amount to much.


Now Imagine 1B, if your focus in life is small small weekly money, still accept this option. Then take the 1B to your bank and fix it in a deposit account. Imagine if they accept it at 12% per annum. You will earn 120,000,000.00 a year as interest. You can demand that you want it weekly. You will still be getting like #2.5m a week, and your 1B is intact.

That is not to talk about other factors like inflation. In 10 years , that 1m you plan to be receiving weekly may not have as much value as 200k received today. So why not receive it today and invest in something that appreciates in value.

What if you opt for 1m weekly and you die next year. I know you will shout it's not my portion. Sharrap. Those younger than you that have died, na their portion?? At least with 1B, your family will be taken care of

So if you had chosen 1m weekly, RECEIVE BRAIN!!!!!!

I'm impressed