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What would you do with 100 M$ ?
What would you do with 100 M$ ? Would you cash out and take the 75 US$? Would you ask more questions with tips to support the popularity of the site? Would you just horde them? Is there anything else you could do? Explain your reasoning.
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I would store the money in my Mahalo account. I find these question and answer sites to be amazingly interesting. There are numerous opportunities for me to ask questions. I have a very curious mind. The "hive mind" of sites like this interests me a great deal. I often have questions that cannot be answered with a simple Google search, and I think sites like Mahalo Answers provide a unique answer to my questions. The most unique aspect of these sites is the diversity of the userbase. I enjoy receiving answers from young, old, college educated, and retired, foreigners and citizens of my country. To me, sites like this symbolize something more meaningful than many other sites. This is a sort of "open source" project, where my questions and problems can be addressed by the most capable.
Cheers!
Jayhawk
Cheers!
Jayhawk
| Asker's rating: |
Thanks to everyone for answering, I enjoyed reading all of the responses. I chose Jayhawk because I agree with his ideas, although all of the ideas given here seem to have good reasoning.
put that cash under my mattress...because the way the economy is i wouldn't trust the bank
Hahahaha.... I'm sorry if I am being rude. But that's not how banks work... When they print more money that in turn lowers the purchasing power of every other dollar in circulation in order to suffice the value on the newly printed money... That means that you are losing money. Everyone who has USD is losing money if they have it saved up. Since the Federal Reserve started in 1913, the money has had a 94% devaluation. That means that 1 dollar back then in 1913 could buy something now for approx. $21, and you get payed the same amount at work. If you don't understand that basic principle I would suggest you see the documentary "Zeitgeist Addendum" that explains the monetary system quite easily. All of us are being scammed.
Appreciated.
Appreciated.
youanden is correct. The Banks and Federal Reserve steal your money without having the need for physical access to it, through inflation and devaluation of the dollar.
I would cash 90 M$ out and keep 10 M$ in my account to ask questions in the future.
Ask questions. Duh!
This has started relatively early so my best course to take is use half and spread it to others and the other half I can keep for now and build on it.
I would cash out 40 M$, and purchase a 25$ gift for the supplier of the M$. The other $5 USD would go towards shipping, and the other 60 M$ would go towards the answers on this site. There is nothing more powerful than knowledge, and I'm just that appreciative of anyone willing to share theirs.
Ask more questions!
I would not cash out.
I would save most of them because I worked really hard for them and put in lots of time and effort.
I would not waste them on silly questions I would just google or ask for free on.
I would save them for the rainy day that I really need help with a question and then I would use some.
Right now my goal is to get 100 M$ so that I can get a chance to use them :)
I would save most of them because I worked really hard for them and put in lots of time and effort.
I would not waste them on silly questions I would just google or ask for free on.
I would save them for the rainy day that I really need help with a question and then I would use some.
Right now my goal is to get 100 M$ so that I can get a chance to use them :)
What kind of questions do you mean?
A questions where I would want lots of thoughtful answers on. Even if it's something simple like "PS3, XBOX 360, or Wii"
Of course if I have a troubleshooting question with anything electronic too.
Life questions as well :)
Of course if I have a troubleshooting question with anything electronic too.
Life questions as well :)
I would probably save them to use to ask questions of my own. I don't need the money very much at this time, so I'd rather spread it around to people who help me out by answering things that a simple Google search cannot.
I would cash it in. This site is good for people who don't have time to research their question, are looking for opinions, or are not well versed in using search engines and navigating the Internet. I have plenty of spare time, don't care for most people's opinions, and I am very well versed in using a search engine.
What about that one case where you have a question you need an answer to and it is nowhere on the internet? Do you not think the M$ would be useful then?
In my experience pretty much any information I would personally need to know can be found online. If not, I can certainly find out where I should look instead. If you look at the non-opinion questions that are being asked, most often the results can be found on the Internet with no more than a few minutes and a bit of common sense. Knowing search operators doesn't hurt either.
I would cash out half and keep the other half for when I need questions answered quickly.
First off, I'd set up a company to manage the money, which would then sign up for 1% for the Environment.
During an economic downturn is the best time to invest - everything's cheap. I would seek out a say a dozen small businesses that could stand with some investment, and invest, or buy them, but leave them in the hands of the existing management.
I would probably buy some property in North America, and maybe fund a few online ventures that I've had in the back of my head for a while.
During an economic downturn is the best time to invest - everything's cheap. I would seek out a say a dozen small businesses that could stand with some investment, and invest, or buy them, but leave them in the hands of the existing management.
I would probably buy some property in North America, and maybe fund a few online ventures that I've had in the back of my head for a while.
source(s):
My personal musings.
My personal musings.
Seems like quite a lot of work to manage 100 M$. Is it worth it to spread that small amount of money so thin among so many places instead of focusing it somewhere, such as this website?
It does seem like a lot of work, but I think diversity in investing is a good thing, as is helping build small business. Perhaps it's a bit lower return, but hey, it isn't *all* about the money (to me, anyway).
So you wouldn't return any to this site's community?
I wouldn't be adverse to putting money into Mahalo, but I think they've got plenty of funding, from what I understand. If they were open to it, I certainly would, I think it's safe to say.
In the three or so hours I've been on here, I've happily spent 2 of the 5 M$ I have. I've asked questions, shared some questions on Facebook, and have had much fun giving away my 5 M$. If given additional M$, I would ask more questions, learn more, and share what I am learning. I would not offer tips for poll type questions, even though I answer them! I like that tips are intended to reward folks for being helpful.
OK, that's all for now. I've got 3 M$ burning a hole in my pocket and I need to come up with questions!
OK, that's all for now. I've got 3 M$ burning a hole in my pocket and I need to come up with questions!
I don't think I will ever cash out, I'll keep asking questions, I make a good livable wage as a freelancer here at Mahalo :)
I would probably keep it in my account to fund the questions I'll undoubtedly have.
I will definitely keep the point here. I can use it to ask some question, to learn more. I will earn money from something else, so that I like to keep the points here. I've just started so that i have no point here, but i am so happy here. :)
Knowledge is the power as I thought..
Knowledge is the power as I thought..
Ask a LOT of really difficult Mahalo Questions, its more fun than trying to figure out how my obsolete paypal account works
I would spend:
10 M$ on a witty question which would make people laugh, and everyone would like me.
10 M$ on a question on the opinions people have on a controversial issue.
80 M$ on a ridiculously dumb question just to say I did.
10 M$ on a witty question which would make people laugh, and everyone would like me.
10 M$ on a question on the opinions people have on a controversial issue.
80 M$ on a ridiculously dumb question just to say I did.
well the dream is to be a rock star - so cashing out and getting an album on itunes or amazon with reverbnation or tunecore sounds like a good idea
I would cash out $70 of it.
Why?
Due to an injury, I couldn't work for 3 weeks. I attend college, and can usually only work just enough to get by every month while also being able to do my schoolwork. Not working those 3 weeks was not exactly fun times. Thus, I am now in debt up to my eyeballs. $70 would go towards this month's rent.
The remaining $5 I would use toward perpetuating the knowledge giving and receiving on this site. You have to give to get. I think this community is an ingenious invention.
Why?
Due to an injury, I couldn't work for 3 weeks. I attend college, and can usually only work just enough to get by every month while also being able to do my schoolwork. Not working those 3 weeks was not exactly fun times. Thus, I am now in debt up to my eyeballs. $70 would go towards this month's rent.
The remaining $5 I would use toward perpetuating the knowledge giving and receiving on this site. You have to give to get. I think this community is an ingenious invention.
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