I'm a gambling man and also likes to take risks in life - that's what makes it exciting, don't like something that is guaranteed - nothing should be taken as granted, live your life like it will end tomorrow - so I'm almost always on the 50/50 shot (the only time I would reconsider is if I could take that 100% thing and reinvest in something that is 50/50 :D ) .
RE: Would you rather have a 100% chance to win 100K USD, or a 50% at 10 million dollars?
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Would you rather have a 100% chance to win 100K USD, or a 50% at 10 million dollars?
A very fair point. I try not to take things for granted and I need to constantly keep myself in check.
Something I always think about when I get a little stressed out about investing. It's not like you can take all that money to the grave so who cares how much you win in the end?
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With risk comes great reward.... or sometimes nothing. I don't have the stomach for loosing that much money myself.
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