₦airaland Forum

If you had to choose: would you take a one-time payment of ₦100 million today, or receive ₦50,000 every day for the rest of your life — and why?

Tomorrow is not guaranteed.

Tomorrow is not guaranteed

Disenfranchised:
Tomorrow is not guaranteed.

Tomorrow is not guaranteed

Yea it will take someone 2,000 days to reach 100 million if they are taking the 50 daily so decision taken

Bestwt001:
If you had to choose: would you take a one-time payment of ₦100 million today, or receive ₦50,000 every day for the rest of your life — and why?

A wise man below 40 years will go for #50,000 daily, while a foolish man below 40 years will go for #100 Million once and for all.
A wise man above 40 years will go for a #100 Million once and for all, while a foolish man above 40 years will go for #50,000 daily.

Age matters in decision making. Be wise PER TIME.

But irrespective of the decision made, you cannot be a loser. At least, it's a free money and irrespective of the choice made, the end always justifies the means.

Thanks.

Lol.... Real business pple, that are not cutting corners know what it takes to run 50k per day after tax, rent, electricity, stress, salary etc..

Free 50k per day is 18.25million per year ooo, for the rest of your life....

Unless u have a good business idea that 100 million with generate more than over 20million per annum, u better collect your free 50k per day cos I nor know wetin you dey chop....

Na tinubu era we dey oooo....Business owners are lamenting asf....

immaculatesense:
A wise man below 40 years will go for #50,000 daily, while a foolish man below 40 years will go for #100 Million once and for all.
A wise man above 40 years will go for a #100 Million once and for all, while a foolish man above 40 years will go for #50,000 daily.

Age matters in decision making. Be wise PER TIME.

But irrespective of the decision made, you cannot be a loser. At least, it's a free money and irrespective of the choice made, the end always justifies the means.

Thanks.

Lol. Be careful with using words like wise and foolish. You're scoring an own goal.

It's not about age. Someone who has a solid knowledge capital can grow the 100m into billions in a couple of years. No business-oriented person would opt for hand-outs daily over lump-sum capital.

With your 50,000 daily, it'll take you nearly six years to reach 100m. And in that six years, the other guy who had 100m has grown it (and keeps growing his capital base). And you with 50,000 daily is facing a depreciated value, without any significant change in your worth.

advanceDNA:
Lol.... Real business pple, that are not cutting corners know what it takes to run 50k per day after tax, rent, electricity, stress, salary etc..

Free 50k per day is 18.25million per year ooo, for the rest of your life....

Unless u have a good business idea that 100 million with generate more than over 20million per annum, u better collect your free 50k per day cos I nor know wetin you dey chop....

Na tinubu era we dey oooo....Business owners are lamenting asf....

Comfort zone.

That's the typical mindset of Nigeria masses. Just survive and eat and see next day.

damosky12:
Comfort zone.

That's our typical mindset of Nigeria masses. Just survive and eat and see next day.

Lol....18.25 million na eat and see next day money?? I don't know you ooo....so I will not assume u dont have a business u are running.

But try enter computer village...u will see many shops with stock of over 50-100million that don't make steady 50k per day...

I have seen someone who started farming with 25million ...he barely makes 300k per month after cost..always complaining of cost of production and theft

See...there is no real business man that doesn't survive on comfort zone or risk free earnings......so sounding condescending over risk free earnings only shows ur view is one sided

At the end of day....many businessmen live on dividends and royalties...what's the difference btw earning 18.25M for life and earning royalties from a business you invested in??

The 50k daily is like a bird in the bush while the 100m is like a bird at hand. If I use 70m to build a small hotel or start a business, I will be making more than 50k daily from there.

Which kind question is this? You wan give me the money?

All things being equal. Any of them is acceptable

doncartel:
The 50k daily is like a bird in the bush while the 100m is like a bird at hand. If I use 70m to build a small hotel or start a business, I will be making more than 50k daily from there.

I will prefer the 100m. I will just buy a quarter plot in Ajah here like 30m and built a modest duplex with the remaining 70m and sell. You will sell not less than 120m. Your profit is above the 50k daily for a year. At least you can build twice. Real estate business in this side is so lucrative.

damosky12:
Lol. Be careful with using words like wise and foolish. You're scoring an own goal.

It's not about age. Someone who has a solid knowledge capital can grow the 100m into billions in a couple of years. No business-oriented person would opt for hand-outs daily over lump-sum capital.

With your 50,000 daily, it'll take you nearly six years to reach 100m. And in that six years, the other guy who had 100m has grown it (and keeps growing his capital base). And you with 50,000 daily is facing a depreciated value, without any significant change in your worth.

Be careful when you say an idea is solid.

Nearly everyone with an idea will tell you their idea is solid until they invest and fail. Less than 20% of ideas have proven to excel when trusted. So, the chance of investing the 100 million and succeeding is also less than 20%.

A daily fifty thousand is more assured than investing a hundred million.

Thanks

100m any day any time twice on Monday.
What is 50k per day?...
Lol you don't know money....that 50k will be as useless as anything.
You no go use am do better thing.
If you say u want to start up something with it....before e reach a reasonable amount....you would have spent the one you saved up finish

It depends if my benefactor would not want me dead sooner than expected, 50k daily for the rest of my life is a better option and I will be earning 100m after 10 years of earnings.

Give me the 100milliom tomorrow will fend it self

Bestwt001:
If you had to choose: would you take a one-time payment of ₦100 million today, or receive ₦50,000 every day for the rest of your life — and why?

N100,000,000 now please.

Circumstances could change tomorrow.

The organizers might go bankrupt, change their mind, due to unforseen circumstances just to mention a few.

Wise people will say, A bird in hand is worth a thousands in the forest.

I'm a realist and don't bank on hopes.

Things are too complicated and there are too much uncertainties on earth.

doncartel:
The 50k daily is like a bird in the bush while the 100m is like a bird at hand. If I use 70m to build a small hotel or start a business, I will be making more than 50k daily from there.

You are Wise for using the bird at hand phrase.

Most people do not understand how life works.

immaculatesense:
A wise man below 40 years will go for #50,000 daily, while a foolish man below 40 years will go for #100 Million once and for all.
A wise man above 40 years will go for a #100 Million once and for all, while a foolish man above 40 years will go for #50,000 daily.

Age matters in decision making. Be wise PER TIME.

But irrespective of the decision made, you cannot be a loser. At least, it's a free money and irrespective of the choice made, the end always justifies the means.

Thanks.

You have not said anything intelligent.
.

The best answer remains the 100m at once.

If the person is even a student, you bank the money in Treasury bill till you are done with school.
If you are done with school, you can rese the money and start life ,choose a good business and bank some .
Over all, 100m once is the best

damosky12:
Comfort zone.

That's our typical mindset of Nigeria masses. Just survive and eat and see next day.

18m per year is not confort Zone.
It means u have a cash flow and can take risk in investment and even if u lose it, u are sure of another 18m next year
100m won't give u the luxury to take risk cos u might loose

peleson1:
You have not said anything intelligent.
.

The best answer remains the 100m at once.

If the person is even a student, you bank the money in Treasury bill till you are done with school.
If you are done with school, you can rese the money and start life ,choose a good business and bank some .
Over all, 100m once is the best

It's my view. No one is forming superior intelligence here. Both of us have not been presented with that choice, have we?

Abeg, na to catch cruise no be super hero thing. Dey take am jeje life no hard.

Thanks.

immaculatesense:
A wise man below 40 years will go for #50,000 daily, while a foolish man below 40 years will go for #100 Million once and for all.
A wise man above 40 years will go for a #100 Million once and for all, while a foolish man above 40 years will go for #50,000 daily.

Age matters in decision making. Be wise PER TIME.

But irrespective of the decision made, you cannot be a loser. At least, it's a free money and irrespective of the choice made, the end always justifies the means.

Thanks.

You type a wise man below 40 will go for 50k everyday that's is not a wise man because what is wise about him ? 100 million below 40 years and you are wise with good investment.... you will be set to retire at early age even common treasury bill will give you 15m every year where you still have your capital intact .... but 50k everyday for someone below 40 who claim to be wise you forget that that feeling that I will get another one tomorrow let me spend this one is highly active in youth below 40?

immaculatesense:
A wise man below 40 years will go for #50,000 daily, while a foolish man below 40 years will go for #100 Million once and for all.
A wise man above 40 years will go for a #100 Million once and for all, while a foolish man above 40 years will go for #50,000 daily.

Age matters in decision making. Be wise PER TIME.

But irrespective of the decision made, you cannot be a loser. At least, it's a free money and irrespective of the choice made, the end always justifies the means.

Thanks.

No wise and no Foolish. The best is to take it 100millions once . A business oriented and those with ideas of how they can invest their money in real estate or other Reasonable business will prefer once while a salary earners who has limited ideas on investment will prefer daily 50k like his or her Salary Ideas.

immaculatesense:
A wise man below 40 years will go for #50,000 daily, while a foolish man below 40 years will go for #100 Million once and for all.
A wise man above 40 years will go for a #100 Million once and for all, while a foolish man above 40 years will go for #50,000 daily.

Age matters in decision making. Be wise PER TIME.

But irrespective of the decision made, you cannot be a loser. At least, it's a free money and irrespective of the choice made, the end always justifies the means.

Thanks.

No wise and no Foolish. The best is to take it 100millions once . A business oriented and those with ideas of how they can invest their money in real estate or other Reasonable business will prefer once while a salary earners who has limited ideas on investment will prefer daily 50k like his or her Salary Ideas. No one has it all 100millions can become 400millions after 4 years for who collected it once but for who collected his in 50k daily will have less than 30mm reduced Ballance

If u don't have a good business plan, I will advice u take the 50k daily.


Save the money for 30 days, use part of it to learn a skill u love.

Then start building ur dream gradually.

100 million is nothing with a sound business knowledge

adekolaelect:
No wise and no Foolish. The best is to take it 100millions once . A business oriented and those with ideas of how they can invest their money in real estate or other Reasonable business will prefer once while a salary earners who has limited ideas on investment will prefer daily 50k like his or her Salary Ideas. No one has it all 100millions can become 400millions after 4 years for who collected it once but for who collected his in 50k daily will have less than 30mm reduced Ballance

I think I have given an holistic view and approach.
Your idea is reasonable and also flawed.
100 million could become 400 million in 4 years. (True)
100 million could become Zero naira in 4 years (True).

50,000 naira remain constant and sure for the rest of his life.

Now choose: One is constant for the rest of your life irrespective of what and how you spend it, while you could multiple and build and empire with the other or lose every naira depending on how you spend it.

Be Wise.

harjay1986:
You type a wise man below 40 will go for 50k everyday that's is not a wise man because what is wise about him ? 100 million below 40 years and you are wise with good investment.... you will be set to retire at early age even common treasury bill will give you 15m every year where you still have your capital intact .... but 50k everyday for someone below 40 who claim to be wise you forget that that feeling that I will get another one tomorrow let me spend this one is highly active in youth below 40?

You are one sided in your views. I gave a wider view of both ends.
As a man below 40 years myself will go for 50,000 a year because I currently earn less than 300k monthly now as it stands in a location in South West (outside Lagos).
10k daily will cover my monthly earnings plus my monthly earnings and that's over 500k.
40,000 in Seven years will give me over 102 million (that's saving 40k in just Seven years) and remember the money is for a lifetime.

Conclusion: Wise planning on daily fifty thousand will make me cover up for 102 million in seven years and still continue to invest and earn whichever way I choose to spend. A person who takes the 100 million once and for all will have to be wiser to be better than I do in 20 years.

WITH 50K DAILY I COULD CHOOSE TO SPEND ANYHOW BUT WITH 100 MILLION ONCE, I CANNOT AFFORD TO TAKE ANY RISK.

THANKS.

Lemme see the money first before I take my decision. I hate fairytale questions

immaculatesense:
A wise man below 40 years will go for #50,000 daily, while a foolish man below 40 years will go for #100 Million once and for all.
A wise man above 40 years will go for a #100 Million once and for all, while a foolish man above 40 years will go for #50,000 daily.

Age matters in decision making. Be wise PER TIME.

But irrespective of the decision made, you cannot be a loser. At least, it's a free money and irrespective of the choice made, the end always justifies the means.

Thanks.

If i take 100 million and invest in treasury bill for 364 days. I will be getting 54,000 daily interest.

advanceDNA:
Lol....18.25 million na eat and see next day money?? I don't know you ooo....so I will not assume u dont have a business u are running.

But try enter computer village...u will see many shops with stock of over 50-100million that don't make steady 50k per day...

I have seen someone who started farming with 25million ...he barely makes 300k per month after cost..always complaining of cost of production and theft

See...there is no real business man that doesn't survive on comfort zone or risk free earnings......so sounding condescending over risk free earnings only shows ur view is one sided

At the end of day....many businessmen live on dividends and royalties...what's the difference btw earning 18.25M for life and earning royalties from a business you invested in??

Many of these stories are pathetic man! 50m shop struggling to make 50k daily? Lol. Close it down!

If you have 10m, I have businesse you can do and recoup the 10m in 5 months. Not to talk of 100m!

18.25 per year is just for you to provide food,shelter, and basics for your family. It can't make you rich! It's basic!

That's not even enough to get a luxury car. Why not take risk than settle for less? This may not be popular, but so is wealth.

richmond500:
18m per year is not confort Zone.
It means u have a cash flow and can take risk in investment and even if u lose it, u are sure of another 18m next year
100m won't give u the luxury to take risk cos u might loose

That's the issue. Don't think of losing. Think of how to make things work.

Divide the cash into two or three, invest in business, invest in treasury bill, keep some in hard currency for backup. This is an instance. You can probably double or even tripple that money in a year.

Point is the 18m through daily handouts is what it is. It's money you keep spending in the trickles as it comes in trickles...

immaculatesense:
Be careful when you say an idea is solid.

Nearly everyone with an idea will tell you their idea is solid until they invest and fail. Less than 20% of ideas have proven to excel when trusted. So, the chance of investing the 100 million and succeeding is also less than 20%.

A daily fifty thousand is more assured than investing a hundred million.

Thanks

Whatever rocks your boat man. But I'll choose bravery over fear. I'll choose adventure over comfort zone.

I don't want daily handouts. I want a capital.