would you take this offer

[fightingwarrior]

if some one said if you give me 50.00 i will in return give you 2.00 a week for the rest of your life would you take it.is it a good deal or not.

[Cuse0323]

[jayc88]

[str]

NO.
You will get stiffed.

[Gandev]

In the best scenario you will get payments of 2.00 for 4-5 weeks and then suddenly they will stop!

[Shutdown]

How's your health?

[dreamjob]

i would take it

[fightingwarrior]

what if you can get a contract on it,would it mean anything so getting stiffed would mean the ultimate result.

[mtneer1212]

If it were me - I'd take it, then die in about 10 weeks..... just another bad beat in my life.

[EaglesPhan36]

Is this a deal with a hitman?

[fightingwarrior]

bad beat lol.yeah health plays a role and other factors like getting stiffed.

[fightingwarrior]

its with a investor i was talking to and i just wanted to see the many resposes on here about it.2.00 a week really isnt that much money in relaity as long as he has a job i think ill be fine.i mean you should make your money back but in the world who knows.

[mrmarket]

If you can get more than 4% per week on the $50 it is not worth it.

[fightingwarrior]

your only making 2.00 a week.4 percent would be alot better for sure.

[tyler36]

2.00 a week for the rest of your life? Are you serious? Of course you would take it, in a year he would have paid you 104.00, already more then the original 50.00 you lent, pending like others said being stiffed or what not, but if none of that factors in then of course you would take that.

[fightingwarrior]

Thanks tyler looking into this more google is wonderful on finding scams.

[mathdotcom]

Cannot be answered

How long do you have to live?

[THE PROFIT]

double your money in a year for doing absolutely nothing. Sounds like a no brainer to me

[suicidekings]

if some one said if you give me 50.00 i will in return give you 2.00 a week for the rest of your life would you take it.is it a good deal or not.

Get in writing. And with a repayment period that's more specific than "the rest of you life"

You'd break even at about 27 weeks, assuming lost revenue from investing that 50u now (@ 12%/annum), and everything after that would be profit.

[THE PROFIT]

you all are making up rules now. The deal is the rest of your life. Insurance companies gamble on it everyday. I plan on living more than a year, so I will double my money in a year with 0 risk. Whatever he does with the money is his deal, but I am guaranteed to get $100 in a years time & every year of my life here on out with 0 risk for a $50 investment.

[suicidekings]

you all are making up rules now. The deal is the rest of your life. Insurance companies gamble on it everyday. I plan on living more than a year, so I will double my money in a year with 0 risk. Whatever he does with the money is his deal, but I am guaranteed to get $100 in a years time & every year of my life here on out with 0 risk for a $50 investment.

Where did this caveat come from? I would suggest that anyone willing to agree to pay out on these outrageous terms can't be trusted to follow through...

[Ryangene]

Math teachers please help!

[THE PROFIT]

Where did this caveat come from? I would suggest that anyone willing to agree to pay out on these outrageous terms can't be trusted to follow through...

see, thats where the guessing comes from. We're putting words in his mouth & changing the situation. Would you loan someone $50 to get $2 a week for the rest of your life? No one said anything about not getting paid, its on the premise of getting paid

[suicidekings]

see, thats where the guessing comes from. We're putting words in his mouth & changing the situation. Would you loan someone $50 to get $2 a week for the rest of your life? No one said anything about not getting paid, its on the premise of getting paid

But without the element of risk the question is stupid...

[THE PROFIT]

its stupid with or without. Its like the riddle would you rather have a million dollars or a penny doubled everyday for so long bullshit. No one ever talks about if the penny giver is a drug addict who wont pay you

[fightingwarrior]

thanks profit you understand it is a gamble but in the end.like almost everything.

[THE PROFIT]

well no then if its a gamble. I'll keep my $50 and invest it in something more secure than someone who needs $50 and offering outrageous repayment claims

[M@ximo]

if you can be totaly sure the guy will give you the $2 per week, its a good deal..., if not,.. doesnt worth it...

in a year will be $104..., so you would duplicate the amount in a full year.., how many years you have left?? 5.. 10.., 15?? on a 15 year will be $1560 (plus small interest)...., it worth take the risk (at least the guy who is asking you is a contract killer..)

[rm18]

No way a need my money to gamble

[Philavanh]

take the deal

[Trojan]

Threads like this are the reason that everyone thinks you're a moron. Way to prove it everytime you post

[mrmarket]

It's been awhile since I did a finance class but IICR perpetuity formula with none growth is
pv=-pmt/rate
pv=-104/0.04
pv=-2600
Isn't exact because it doesn't take compound interest into account but someone feel free to correct it.
So you should probably take it if you're reasonably sure you'll be paid on a consistent basis and you can't achieve >4% per week returns for the rest of your life.

[camel]

He's going to stiff you hard in the ass.