VGC's Anonymous/"General" Topic:

[rayne315]

If you were given the choice of $1,000,000, but you still had to work the rest of your life; or you could take $40,000 a year and never have to work again...Which would you choose?

Im assumning that If you took the 40000 a year you would not be able to work even if you wanted too. So with that said I would pick the $1,000,000.

1. I really love my work. (but I would more likely than not become part time)
2. Im really good with money
3. Im young
4. based on family history I will live another 60-80 years. (Havent had a single family member die naturally before age 90 with my great great grandma currently being 106)
5a. using an extreamly safe investing method in those 60-80 years at 3% interest I will have made somewhere between $5,891,603.10-$10,640,890.56 not including any extra money I bring in from my job.
5b. Or using my 15 year stock history as a base (7.68%) It would be between $84,742,800.64-$372,223,467.38 (Gotta love compount interest!)
5c. Or till retirement age stocks then afterwards safe investments. $46,865,634.08-$84,644,548.24

Of course this is assumning that I stay in good health and that my job pays all expenses and that I have till retirement. and does not include taking out any money past retirement.

[karyann]

Im assumning that If you took the 40000 a year you would not be able to work even if you wanted too. So with that said I would pick the $1,000,000.

1. I really love my work. (but I would more likely than not become part time)
2. Im really good with money
3. Im young
4. based on family history I will live another 60-80 years. (Havent had a single family member die naturally before age 90 with my great great grandma currently being 106)
5a. using an extreamly safe investing method in those 60-80 years at 3% interest I will have made somewhere between $5,891,603.10-$10,640,890.56 not including any extra money I bring in from my job.
5b. Or using my 15 year stock history as a base (7.68%) It would be between $84,742,800.64-$372,223,467.38 (Gotta love compount interest!)
5c. Or till retirement age stocks then afterwards safe investments. $46,865,634.08-$84,644,548.24

Of course this is assumning that I stay in good health and that my job pays all expenses and that I have till retirement. and does not include taking out any money past retirement.

You work in something related to finance, right? I don't know many people who would think about that many details without that haha  It sure sounds useful though, I definitely didn't see it that way.

[rayne315]

Im assumning that If you took the 40000 a year you would not be able to work even if you wanted too. So with that said I would pick the $1,000,000.

1. I really love my work. (but I would more likely than not become part time)
2. Im really good with money
3. Im young
4. based on family history I will live another 60-80 years. (Havent had a single family member die naturally before age 90 with my great great grandma currently being 106)
5a. using an extreamly safe investing method in those 60-80 years at 3% interest I will have made somewhere between $5,891,603.10-$10,640,890.56 not including any extra money I bring in from my job.
5b. Or using my 15 year stock history as a base (7.68%) It would be between $84,742,800.64-$372,223,467.38 (Gotta love compount interest!)
5c. Or till retirement age stocks then afterwards safe investments. $46,865,634.08-$84,644,548.24

Of course this is assumning that I stay in good health and that my job pays all expenses and that I have till retirement. and does not include taking out any money past retirement.

You work in something related to finance, right? I don't know many people who would think about that many details without that haha  It sure sounds useful though, I definitely didn't see it that way.

Nope I'm an enener
engeoner
enginar
I'm good at math

plus realistically $40,000 a year may sound nice but with no additional income that would eventually become hard to live on.

[burningdoom]

Im assumning that If you took the 40000 a year you would not be able to work even if you wanted too. So with that said I would pick the $1,000,000.

1. I really love my work. (but I would more likely than not become part time)
2. Im really good with money
3. Im young
4. based on family history I will live another 60-80 years. (Havent had a single family member die naturally before age 90 with my great great grandma currently being 106)
5a. using an extreamly safe investing method in those 60-80 years at 3% interest I will have made somewhere between $5,891,603.10-$10,640,890.56 not including any extra money I bring in from my job.
5b. Or using my 15 year stock history as a base (7.68%) It would be between $84,742,800.64-$372,223,467.38 (Gotta love compount interest!)
5c. Or till retirement age stocks then afterwards safe investments. $46,865,634.08-$84,644,548.24

Of course this is assumning that I stay in good health and that my job pays all expenses and that I have till retirement. and does not include taking out any money past retirement.

You work in something related to finance, right? I don't know many people who would think about that many details without that haha  It sure sounds useful though, I definitely didn't see it that way.

Nope I'm an enener
engeoner
enginar
I'm good at math

plus realistically $40,000 a year may sound nice but with no additional income that would eventually become hard to live on.

I don't make $40,000 a year and I just bought house, own a car, and have a kid. $40,000 a year should do you fine.

[rayne315]

Im assumning that If you took the 40000 a year you would not be able to work even if you wanted too. So with that said I would pick the $1,000,000.

1. I really love my work. (but I would more likely than not become part time)
2. Im really good with money
3. Im young
4. based on family history I will live another 60-80 years. (Havent had a single family member die naturally before age 90 with my great great grandma currently being 106)
5a. using an extreamly safe investing method in those 60-80 years at 3% interest I will have made somewhere between $5,891,603.10-$10,640,890.56 not including any extra money I bring in from my job.
5b. Or using my 15 year stock history as a base (7.68%) It would be between $84,742,800.64-$372,223,467.38 (Gotta love compount interest!)
5c. Or till retirement age stocks then afterwards safe investments. $46,865,634.08-$84,644,548.24

Of course this is assumning that I stay in good health and that my job pays all expenses and that I have till retirement. and does not include taking out any money past retirement.

You work in something related to finance, right? I don't know many people who would think about that many details without that haha  It sure sounds useful though, I definitely didn't see it that way.

Nope I'm an enener
engeoner
enginar
I'm good at math

plus realistically $40,000 a year may sound nice but with no additional income that would eventually become hard to live on.

I don't make $40,000 a year and I just bought house, own a car, and have a kid. $40,000 a year should do you fine.

I'm definately not saying you cant live on $40,000 a year but I am saying that as you age your average cost of living increases. later on in life when it becomes too difficult for you to take care of yourself and you do not have family able/willing to take care of you then your likely to go into an assisted living complex.

according to http://www.alfa.org/alfa/Assessing_Cost.asp The average cost for a private one-bedroom apartment in an assisted living residence is $3,022 per month. multiplied by 12 that comes out to be $36,264 a year.

lol I think I may be over thinking this a little too much.

[tafk]

I don't make $40,000 a year and I just bought house, own a car, and have a kid. $40,000 a year should do you fine.

It also depends on where you live and the cost of living. $40k in New York and you're the poorest of the poor. $40k in South Carolina and you may be Upper-Middle Class

[kashell]

I don't make $40,000 a year and I just bought house, own a car, and have a kid. $40,000 a year should do you fine.

It also depends on where you live and the cost of living. $40k in New York and you're the poorest of the poor. $40k in South Carolina and you may be Upper-Middle Class

Well, it depends where in New York and South Carolina, of course. ^^()

[Warmsignal]

It's officially that time of year when all day looks like evening. The sun hangs so low it might as well be at your feet beaming up and blinding you.

[tafk]

Projects for tonight/tomorrow

- Hide all the wires to my consoles using those little plastic wire guiders so they run nicely.

- Clean all my consoles.


Wish me luck everyone...

[burningdoom]

I just got the Shovel Knight Adventure DLC for free! Turned on my Wii U and it told me software had finished installing. So I go check, and I have an all-new quest mode (with a new playable character) and challenge mode on Shovel Knight Adventure...FOR FREE!!!

I don't know if this was some random thing where they selected certain Shovel Knight owners, or if it's free for all. Check your Wii U, people.

[fighterpilot562]

3 pound burger and 1 pound fry challenge.



COuldnt do it



I finished the fries and about half the burger.

[tafk]

I just got the Shovel Knight Adventure DLC for free! Turned on my Wii U and it told me software had finished installing. So I go check, and I have an all-new quest mode (with a new playable character) and challenge mode on Shovel Knight Adventure...FOR FREE!!!

I don't know if this was some random thing where they selected certain Shovel Knight owners, or if it's free for all. Check your Wii U, people.

The plague knight stuff? Totally free update to everyone, shovel knight is the best!

[scarface88fg]

Is there any reason to go with a Model 1 Genesis over a Model 2? I've heard that the Model 1s have better graphics, but is this something I'll even notice?

[maximo310]

Is there any reason to go with a Model 1 Genesis over a Model 2? I've heard that the Model 1s have better graphics, but is this something I'll even notice?

The sound on most Model 1 Genesis models is better than most of the Model 2 Genesis, although a Model 1 is a few bucks more compared to a model 2. I personally think that Model 1's have better build quality/parts than Model 2s so I'd reccomend you go with Model 1.

[burningdoom]

Is there any reason to go with a Model 1 Genesis over a Model 2? I've heard that the Model 1s have better graphics, but is this something I'll even notice?

The sound on most Model 1 Genesis models is better than most of the Model 2 Genesis, although a Model 1 is a few bucks more compared to a model 2. I personally think that Model 1's have better build quality/parts than Model 2s so I'd reccomend you go with Model 1.

The sound is a big difference. A Genesis Model 1 has full stereo sound, but you have to run it through the headphone jack. I got a cheap cord that is a headphone jack on one end, and the white/red parts of the AV jacks on the other end. Works great. Model 2 is just mono.

There's also compatibility. I've read that there are a certain few of the odd-ball shaped carts (like the EA games) that work on a Model 1 and not a Model 2. Couldn't tell which ones, though, and they are a scant few.

And finally, if you want to use the Sega Power Base Converter to play Master System games, then you need to have a Model 1. While the Model 2 is technically still compatible, the plastic lip on the back of it cuts off the power supply on a Model 2 Genesis. You can't play any games without power.