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RE: Would you rather have a 100% chance to win 100K USD, or a 50% at 10 million dollars?
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 ) .
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?
With risk comes great reward.... or sometimes nothing. I don't have the stomach for loosing that much money myself.