# What's your choice? v.Financial Hypothetical **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [December 11, 2008, 5:09am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533 "2008-12-11T05:09:49Z")\ **Posts on this page:** 20\ **Page:** 2
**Author:** ![upstateclipse](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/upstateclipse/32/7348_2.png) [@upstateclipse](https://forums.speedlife.net/u/upstateclipse)\ **Post date:** [December 11, 2008, 5:53am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/21 "2008-12-11T05:53:35Z")
I honestly don’t know if I could accept either for doing the right thing. If he was able to talk me into it, it would be the Porsche though. I know some people might call a b.s. flag here, but I am being serious. It might be that I am being stubborn and self sacrificing or just overly cautious, but I have always had a difficult time accepting “rewards”. It also could be the whole karma thing and I am trying to even out the bad things I have done throughout my life. ---
**Author:** ![sureshot](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/sureshot/32/7578_2.png) [@sureshot](https://forums.speedlife.net/u/sureshot)\ **Post date:** [December 11, 2008, 5:55am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/22 "2008-12-11T05:55:21Z")
> [@newman](#): > > eh, i see that the underlying question is to see that you’d be “getting your foot in the door”… but fuck that. The money market is NOT an industry that i ever want to work in. > > My job pays well, is low stress and is consistent. Fuck that heavy pressure trading shit. That’s a decent answer. **B** > [@upstateclipse](#): > > I honestly don’t know if I could accept either for doing the right thing. If he was able to talk me into it, it would be the Porsche though. I know some people might call a b.s. flag here, but I am being serious. It might be that I am being stubborn and self sacrificing or just overly cautious, but I have always had a difficult time accepting “rewards”. It also could be the whole karma thing and I am trying to even out the bad things I have done throughout my life. You suck. **F** > [@JayS](#): > > The Porsche, no doubt. 80k almost guaranteed or 10% chance of 100k I’ll take the guaranteed money any day. 10% for 200k I’d still take the 80. > > The only way I’d take the 2nd option was if I worked on wall street. The connections you’d make in that month would be worth far more than 80 or 100k. Decent **C+** > [@Freek](#): > > 100%80k\>10%100k > > it’s just common sense well not so common. **D** ---
**Author:** ![newman](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/newman/32/7569_2.png) [@newman](https://forums.speedlife.net/u/newman)\ **Post date:** [December 11, 2008, 5:56am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/23 "2008-12-11T05:56:17Z")
> [@upstateclipse](#): > > I honestly don’t know if I could accept either for doing the right thing. If he was able to talk me into it, it would be the Porsche though. I know some people might call a b.s. flag here, but I am being serious. It might be that I am being stubborn and self sacrificing or just overly cautious, but I have always had a difficult time accepting “rewards”. It also could be the whole karma thing and I am trying to even out the bad things I have done throughout my life. well, if that were the case, i’d take the latter… because then your reward is him helping you back, and you’re WORKING with him, kind of EARNING the money. ---
**Author:** ![upstateclipse](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/upstateclipse/32/7348_2.png) [@upstateclipse](https://forums.speedlife.net/u/upstateclipse)\ **Post date:** [December 11, 2008, 6:05am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/24 "2008-12-11T06:05:18Z")
> [@sureshot!](#): > > You suck. > **F** It comes naturally sometimes. My answer is based on an immediate decision reaction. If I had time to think it over I would take something in return most likely but in reward type situations throughout my life, foolish pride usually takes over rather than logical thinking. Maybe I’ve just watched too many old school Clint Eastwood westerns and have a distorted sense of reality. ---
**Author:** ![LAFENGAS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/lafengas/32/7573_2.png) [@LAFENGAS](https://forums.speedlife.net/u/LAFENGAS)\ **Post date:** [December 11, 2008, 6:09am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/25 "2008-12-11T06:09:35Z")
the rewards/hook-up/contacts of rubbing elbows with potentially high profile people ,minus any direct financial gains, can far exceed the $80K you’ll get from selling a porshe. The chance of getting $100K would be a bonus. …but i could be reading into this a bit deeper than intended. ---
**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\ **Post date:** [December 11, 2008, 6:10am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/26 "2008-12-11T06:10:01Z")
My plan involves a prostitute, collapsing banks, coke, burnouts, punching a nun in the face, and a Ferrari. That is all I have for now. ---
**Author:** ![sureshot](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/sureshot/32/7578_2.png) [@sureshot](https://forums.speedlife.net/u/sureshot)\ **Post date:** [December 11, 2008, 6:12am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/27 "2008-12-11T06:12:07Z")
> [@LAFENGAS](#): > > the rewards/hook-up/contacts of rubbing elbows with potentially high profile people ,minus any direct financial gains, can far exceed the $80K you’ll get from selling a porshe. If you would have said the Porsche, I honestly would have punched you in the dick later. Although I knew you wouldn’t have made that choice anyways. :roflpicard: > [@LAFENGAS](#): > > …but i could be reading into this a bit deeper than intended. Nope… that’s the point. It just a decision that simply can determine an individuals potential for wealth. ---
**Author:** ![ultradriver10000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ultradriver10000/32/7397_2.png) [@ultradriver10000](https://forums.speedlife.net/u/ultradriver10000)\ **Post date:** [December 11, 2008, 6:13am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/28 "2008-12-11T06:13:13Z")
I would most definitely take the Porsche. Three reasons. 1. I never want to work in that industry. As Newman stated, I have a consistent level of stress at work, and I don’t have to freak out every other day when the market fluctuates. 2. Making 100K on wall street is below the cow’s nuts. An apartment in the financial district will cost you $3500 a month. 3. I figure I can make close to 100K on my own. Plus if I were to get the Porsche I would sell it and throw it into an account making around 5K a year. That is a new motorcycle every year just off interest alone. So just off interest I would only need to make 95,000 a year, plus I would have a nice nest egg of over 100K to play with. I would most likely continue to max out my 401K and possibly continue saving 20% of my take home income. Which plus the 80,000 would allow me to retire very nicely at the age of 45 if I so desired. A nice log cabin, 250 acres of wooded land, a couple of vettes and maybe something else cool (old muscle car?) and a new truck will keep me happy until I die. Oh and vacationing all over the world would be nice too. 🙂 Plus if I wanted to “Rub off er elbows” with higher ups, I know a few company presidents out in Chicago that I could go talk to. I have seen how they live, and I don’t want that life. Yes you have money, but you never see your family. It is a different lifestyle. But $10 million houses are pretty nice inside. ---
**Author:** ![LAFENGAS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/lafengas/32/7573_2.png) [@LAFENGAS](https://forums.speedlife.net/u/LAFENGAS)\ **Post date:** [December 11, 2008, 6:15am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/29 "2008-12-11T06:15:11Z")
I think we have 2 mentalities here…the short term, instant gratification vs. the long term outlook. Not that there is anything wrong with either, it’s just people’s personal preference. ---
**Author:** ![sureshot](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/sureshot/32/7578_2.png) [@sureshot](https://forums.speedlife.net/u/sureshot)\ **Post date:** [December 11, 2008, 6:15am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/30 "2008-12-11T06:15:55Z")
> [@ultradriver10000](#): > > Snip Good answer man, **A** ---
**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\ **Post date:** [December 11, 2008, 6:19am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/31 "2008-12-11T06:19:02Z")
lol well if this were a Harvard exam I’d put enough effort into it to craft a real response. I’d talk about how option B could have real long term value to me and my career. I’d consider the value of either decision in 5 years time, when the Porsche will have depreciated to nothing (especially when one considers the operating costs of owning a Porsche), while the work on Wall Street could create contacts and experiences that could be leveraged to offer far greater value than the initial $100,000 dollars I’d have a shot at. I’d talk about how personal preference plays a role, and how my innate preference would be to hop in the fast car and not have to work on Wall Street for instant gratification, but the rational side of me would probably overrule my innate preference and go after the option that offers real long term value. I would also consider whether I would even want to work in finance. I tend to seek out the hardest challenges, but I also want to enjoy my life. If the finance industry in NYC would require 80 hour weeks I might not want to do it. If I could pursue that career and still enjoy my private life it would be pretty appealing. My life goal isn’t to achieve a high score in the bank account game, but to live a happy life with the people I love. My wife would want me to take the shot at a great job, not a silly little car. Her input is important to me. Blah blah blah. Harvard exam -\> All signs point to brown nosing the exec for a month. NYSpeed -\> Gimme the car. ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [December 11, 2008, 6:20am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/32 "2008-12-11T06:20:53Z")
Definitely the deal. In that month if I did things right I’d manage to get CDCB fully funded going forward. Even if I didn’t, I’d still make some invaluable contacts, being in the finance industry, and who you know is everything, and all I’d be losing out on is a stupid depreciating car. Then I’d rub it into chino for not trusting my mad skillz. ---
**Author:** ![LAFENGAS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/lafengas/32/7573_2.png) [@LAFENGAS](https://forums.speedlife.net/u/LAFENGAS)\ **Post date:** [December 11, 2008, 6:22am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/33 "2008-12-11T06:22:17Z")
wait…in the O.P. did you say a little girl just jumped out of the passanger seat? Is the said seat still warm? I may have to change my answer… ---
**Author:** ![chino](https://avatars.discourse-cdn.com/v4/letter/c/bcef8e/32.png) [@chino](https://forums.speedlife.net/u/chino)\ **Post date:** [December 11, 2008, 6:24am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/34 "2008-12-11T06:24:37Z")
My answer in an IM conversation with adam was that I would not give the child back because I am assuming the guy stole her and is a pedophile. ---
**Author:** ![Paulo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/paulo/32/7328_2.png) [@Paulo](https://forums.speedlife.net/u/Paulo)\ **Post date:** [December 11, 2008, 6:24am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/35 "2008-12-11T06:24:38Z")
Having that high powered contact and experience has a pretty damn good chance of earning a shitload more than $80k in the future. I’d take the chance at the opportunity, work hard to impress the guy, and try to work along side him on future deals. ---
**Author:** ![JoesTypeS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joestypes/32/7190_2.png) [@JoesTypeS](https://forums.speedlife.net/u/JoesTypeS)\ **Post date:** [December 11, 2008, 6:26am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/36 "2008-12-11T06:26:04Z")
You take the car. $80,000 now is worth more than the 10% chance at 100k and I don’t care who you meet on wallstreet because odds are they’re not going to be working there within the next 12 months. And considering you just saved his daughter’s life I’m sure he’ll be there when you want to meet his people anyway. ---
**Author:** ![Geehee](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/geehee/32/7238_2.png) [@Geehee](https://forums.speedlife.net/u/Geehee)\ **Post date:** [December 11, 2008, 6:27am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/37 "2008-12-11T06:27:10Z")
> [@cougarspeed](#): > > My plan involves a prostitute, collapsing banks, coke, burnouts, punching a nun in the face, and a Ferrari. That is all I have for now. I like your style. Punch a few babies and you’re golden. > [@Joe](#): > > Definitely the deal. In that month if I did things right I’d manage to get CDCB fully funded going forward. Even if I didn’t, I’d still make some invaluable contacts, being in the finance industry, and who you know is everything, and all I’d be losing out on is a stupid depreciating car. Then I’d rub it into chino for not trusting my mad skillz. \<3 CDCB. ---
**Author:** ![sureshot](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/sureshot/32/7578_2.png) [@sureshot](https://forums.speedlife.net/u/sureshot)\ **Post date:** [December 11, 2008, 6:27am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/38 "2008-12-11T06:27:23Z")
> [@Fry](#): > > Face Saving Snip Word, but in this circumstance, it wasn’t posed at Harvard, it was posed on NYSpeed. At Harvard, the students would obviously know they had to put their best foot forward and string some bullshit together to give a decent answer. Here, just like in the situation, you are providing an immediate answer, not really knowing the circumstances or considering all the angles. :eekdance: Joe, your answer was expected. 🤓 Joe D. with a good reply also. Has anyone considered the thought that, simply, since you’ve offered nothing and it’s costed you nothing, why not take a shot at the $100,000? A 10% chance at $100,000 is going to be better than any lottery ticket or any scratchoff you could buy. ---
**Author:** ![newman](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/newman/32/7569_2.png) [@newman](https://forums.speedlife.net/u/newman)\ **Post date:** [December 11, 2008, 6:29am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/39 "2008-12-11T06:29:19Z")
> [@JoesTypeS](#): > > You take the car. $80,000 now is worth more than the 10% chance at 100k and I don’t care who you meet on wallstreet because odds are they’re not going to be working there within the next 12 months. And considering you just saved his daughter’s life I’m sure he’ll be there when you want to meet his people anyway. lol. 👏 ---
**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\ **Post date:** [December 11, 2008, 6:30am UTC](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533/40 "2008-12-11T06:30:43Z")
I should’ve took the car and thrown everyone off. Use the rationale that I’d sell it and make a daytrading account. 6% a month = 2.7 mil in 5 years :tspry: [Previous page](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533.md?page=1) [Next page](https://forums.speedlife.net/t/whats-your-choice-v-financial-hypothetical/59533.md?page=3)