A letter arrives in the mail.
In it you are informed that a secret Swiss bank account has been set up in your name and in it someone has placed $10,000,000 (and they are paying the fees to keep it there). According to the letter you are free to spend the money however you choose, but there’s a catch: One year after you spend so much as a penny, you will be found and killed.
You resolve not to touch the money, which isn’t that hard because it’s just like living your normal life. But then a close family member is diagnosed with cancer. The doctors say that with a new treatment they have a 75% chance of surviving. It costs $789,000 and without it they are almost definitely going to die. They have health insurance, but the company refuses to cover anything it deems “experimental”.
What do you do?
Picture courtesy of 401(K)
I would use the 10m as security to take out a loan for 800k to pay the medical expenses, then I would transfer the 10m to a savings account in the same bank, so it hasn’t been spent, and use the interest to pay back the loan. Hopefully that would mean I can save my relative and my own life. If it wasn’t possible, I’d take the 10m and pay my relatives expenses. Then I’d set up a trust with an investment fund so that it can raise money to help other such people with income earned through savvy investment.… Read more »
Way too many hypotheticals. Still, I’d probably pay for the treatment, live it up with the rest of the money, and say my goodbyes.
Depends on which relative.
Too many hypotheticals. If I thought I could fool the “mob” I’d probably buy a sports car looong before I need too. If I was in that much fear then I would have went to the cops just as fast.
But if the question is to gage how much I love my fellow man, then the answer is not enough to put my own life in jepordy.