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Would You Rather: Take a big $ loss now, or slowly over time?

by J. Money on Friday, October 10, 2008

Today’s “Would you rather” question comes from one of our readers here – my boy Philip - and it circles around the economy these days. I don’t know about you, but people around here are starting to freak out more every day, and it’s starting to get out of hand. So with that in mind, Philip and I bring you the latest from our fun little game:

“Would you rather take one big hit and then be done, or just keep getting hit left and right for a long time?”

Rather interesting in my opinion! The old me probably would have liked to drag it out a bit and pad the shock, but the NEW me is getting tired of it all and would like to swallow the loss and start moving on. Of course, in real life you don’t really have a say in the matter, but you do here on this blog ;)

So what say you? Are you daring enough to watch your nest eggs take a one-time plummet? Or do you have patience to stick it out and watch it continously drop, little by little, day by day? Curious minds want to know.

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Previous “would you rather”‘s:
- Would your rather keep $500k to yourself, or give away $1million?
- Would you rather default on ALL loans, or…
- George Bush gives you $2million, but…
- Would you rather take $500k now, or…


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