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.

1bn now

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

1 billion all the way

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 lump sum 1billion naira is way to go!

...

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.

1 million naira every week.

what if d person giving 1m every week come die...abeg give me my 1b mek I go

1 billion na

...

depends on how secure d money source will be.. but anyway a bird at hand is better than ten billion birds in d Bush.. mehn 1blillion naira now

I will stop assuming jare

1 million every week.wisdom speaks

1 Billion now oh

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!!!!!!

1 billion now...

What do pple gain with all these unrealistic scenario questions self

Some people sef

Sniper12:
What do pple gain with all these unrealistic scenario questions self

what do you gain from closing your eyes whilst reading

IAmNotYourMate:
[ Although it is hypothetical,

I'd choose 1 million a week because it's almost like a free mega investment returns

Check out my signature

Except im more than 30, I'll go for a million weekly.

1 billion now....

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.

None.

I billion now....

1billion

It will take almost 21 years 2 b enjoying 1m weakly but with a billion box n a good business sense u can b achieving a million box weekly till u die

Now with my 1billion
ANALYSIS
N100,000 every day x 27.4years = N1,000,100,000

The scheme might crash or anything can happen like death or whatsover goes wrong. So a bird at hand is better.

1billion for d akant

#1B.

Depending on my age

1 million every week cos i know i will be getting it weekly likewise the 1 billion which i will only get once. this only i can say,i can't rake my brain pls i can't shout



bydway

I billion naira. Will use it to invest which will bring more than 1 million naira a week profit.


Check my signature for ongoing promo of our full capacity powerbank.