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Poll: 100% £1million or 50% shot at £1billion
100% 1 million thanks 63 (84%)
50% 1 Billion 12 (16%)


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Author 100% £1million or 50% shot at £1billion
Phillips_91
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Registered: 20th Jan 10
Location: Blackpool. Drives: Sapphire Black Mk4 Astra 1.8
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13th Jun 12 at 18:36   View User's Profile U2U Member Reply With Quote

1Billion, nothing ventured nothing gained!
mwg
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Registered: 19th Feb 04
Location: South Lakes
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13th Jun 12 at 18:39   View User's Profile U2U Member Reply With Quote

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.
mike56gte
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Registered: 23rd Jun 09
Location: Fife, scotland Drives: Audi S3
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13th Jun 12 at 19:32   View User's Profile U2U Member Reply With Quote

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.
Nath
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Registered: 3rd Apr 02
Location: MK
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13th Jun 12 at 19:34   View User's Profile U2U Member Reply With Quote

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.
JonnyJ
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Registered: 23rd Sep 05
Location: Scotchland
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13th Jun 12 at 19:50   View User's Profile U2U Member Reply With Quote

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
mwg
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Registered: 19th Feb 04
Location: South Lakes
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13th Jun 12 at 19:51   View User's Profile U2U Member Reply With Quote

I would definitely be asking on here for recommendations for some portfolio managers
cpcrampton
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Registered: 16th Feb 07
Location: Stirling
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13th Jun 12 at 19:52   View User's Profile U2U Member Reply With Quote

StuartVRS
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Registered: 9th Feb 03
Location: Bromley Common, Greater London
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13th Jun 12 at 21:26   View User's Profile U2U Member Reply With Quote

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 £££
N3CRO
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Registered: 12th Apr 07
Location: Sandy, Bedfordshire
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13th Jun 12 at 21:34   View User's Profile U2U Member Reply With Quote

I'd take the £1m. I'm not greedy.
Russ
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Registered: 14th Mar 04
Location: Armchair
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13th Jun 12 at 21:40   View User's Profile U2U Member Reply With Quote

i'd take the £1m and buy haribo shares
Jamie-C
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Registered: 3rd Jun 08
Location: Ballycastle
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13th Jun 12 at 21:45   View User's Profile U2U Member Reply With Quote

A million without a second thought!
Ian
Site Administrator

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Registered: 28th Aug 99
Location: Liverpool
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13th Jun 12 at 21:47   View Garage View User's Profile U2U Member Reply With Quote

£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.
andy_mk3
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Registered: 18th Dec 11
Location: Peterborough
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13th Jun 12 at 23:02   View User's Profile U2U Member Reply With Quote

I'd take the million.

Pay off familys' debts, live comfortably for many years.
Toby
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Registered: 29th Nov 05
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14th Jun 12 at 05:38   View Garage View User's Profile U2U Member Reply With Quote

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
Rob_Quads
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Registered: 29th Mar 01
Location: southampton
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14th Jun 12 at 07:49   View User's Profile U2U Member Reply With Quote

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
harrisp
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Registered: 15th Dec 07
Location: Derbyshire
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14th Jun 12 at 08:45   View User's Profile U2U Member Reply With Quote

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.
Marc
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Registered: 11th Aug 02
Location: York
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14th Jun 12 at 09:05   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by JonnyJ
What's 1 million quid like? You'd still be the poorest person on CS

Fro
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Registered: 20th Jun 06
Location: Rainham, Essex Drives: A3 2.0TDi Sport
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14th Jun 12 at 09:17   View User's Profile U2U Member Reply With Quote

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.
sc0ott
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Registered: 16th Feb 09
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14th Jun 12 at 15:20   View User's Profile U2U Member Reply With Quote

Buy a car thats worth 1 million, and not think about running costs and insurance would be an option.
harrisp
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Registered: 15th Dec 07
Location: Derbyshire
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14th Jun 12 at 15:27   View User's Profile U2U Member Reply With Quote

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.
Colin
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Registered: 4th Apr 02
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14th Jun 12 at 18:32   View User's Profile U2U Member Reply With Quote

£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
Scotty_B
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Registered: 11th Jun 03
Location: East Kilbride
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15th Jun 12 at 14:12   View User's Profile U2U Member Reply With Quote

I'll take the million.

Given the choice in the real world I doubt most would bet 50/50.
mannion
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Registered: 26th Oct 11
Location: Leicestershire
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15th Jun 12 at 14:38   View User's Profile U2U Member Reply With Quote

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
Ash_EP3
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Registered: 15th May 07
Location: Melksham, Wiltshire
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16th Jun 12 at 12:43   View User's Profile U2U Member Reply With Quote

£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!
Ian
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Registered: 28th Aug 99
Location: Liverpool
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16th Jun 12 at 14:41   View Garage View User's Profile U2U Member Reply With Quote

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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