Please give me the reason for your choice.
2006-09-19 11:57:30 · 10 answers · asked by Kevin C 3 in Society & Culture ➔ Languages
There are lots of reasons for choosing either one, my first inclination was to choose the gold considering how quickly it's value has risen per ounce. However taking cash provides you with capital to invest in something that may have higher returns than gold per ounce might have. Given my current financial situation I'd take the cash. Open my business and get my life in the direction towards making my dreams come true.
2006-09-19 12:08:10 · answer #1 · answered by glowchild7 3 · 2⤊ 1⤋
$100,000 Cash. Gold Bullion is just a commodity, like soybeans. It is an investment, like a business investment. But there are no returns, or interest on Gold (nothing major). The market is unbalanced. Gold is insurance, like in case there is a hyperinflation (and paper money is no good). Or some other catastrophic happening. Once you have the Gold, you're stuck with it (so to speak), you can't just move it around easily; like cash. With CASH you pay taxes, pay bills, invest, live life, etc. Easy! Besides, $100,000 in Gold is LESS than $100,000 Cash. Plus, you have to pay for handling fees, regular storage, and regular appraisals. I'll take the $100,000 CASH, please!
2006-09-19 13:21:05 · answer #2 · answered by Jai 2 · 0⤊ 0⤋
well it depends. If the current market value of gold is high I would take cash, if the CMV was low I'd take gold.
It's like the stock market buy low, sell high, except the market for gold will never bottom out. It's a stable investment, even if the value of gold is high at the moment of this offer, odds are you can catch a peak and sell the gold at a higher value than the original 100,000 starting point.
2006-09-19 12:08:43 · answer #3 · answered by rnscrappyd 2 · 1⤊ 0⤋
Gimme cash. What the heck would I do with gold bullion? I don't think my bank would exchange it.
2006-09-19 11:59:59 · answer #4 · answered by nellierslmm 4 · 0⤊ 0⤋
in cash. because then i could go straight 2 the mall n go shoppn!
2006-09-19 12:00:22 · answer #5 · answered by Hopeicouldhelp 4 · 0⤊ 0⤋
wow, thats about 13.7 pounds of gold, assuming 500usd per troy ounce, it would be hard to dispose of, but it would be good everywhere.
2006-09-19 12:09:56 · answer #6 · answered by sathor 2 · 0⤊ 0⤋
Either, because they're worth the same.
2006-09-19 12:04:32 · answer #7 · answered by Alma V 6 · 0⤊ 0⤋
And this question is in Languages for what reason?
2006-09-19 12:04:14 · answer #8 · answered by Taivo 7 · 0⤊ 1⤋
1.either
2.Gold
3.cash
make a good nest egg.
2006-09-19 12:00:12 · answer #9 · answered by robert p 7 · 0⤊ 0⤋
gold...money is taxed....
2006-09-19 11:59:45 · answer #10 · answered by Anonymous · 0⤊ 0⤋