A Little Genie Gave You a Choice? Which Would it be.........

@artistry (4154)
United States
October 14, 2009 11:15pm CST
Take your pick, excluding good health, which we all want, which would you choose if a genie gave you a choice.....one million dollars cash, one million in diamonds, or one million in gold bullion?? Why would that be your choice?
8 responses
• Philippines
15 Oct 09
did u mean the price is equivalent whether it be in cash, diamonds, or gold bullion? i am comprehending it that way. if my thinking is correct, i would surely opt for the million dollars in cash. i wouldn't have difficulty exchanging the diamonds or gold bullion into cash anymore. also, diamonds and gold bullion "attract" more attention and it would be scary to carry them around to sell it or i would surely find a buyer for them. i would go safe with my choice in cash ... it is the one which everyone has and surely would not catch much attention.
• Philippines
15 Oct 09
i mean to say: i would have difficulty exchanging the diamonds and gold bullion into cash.... (see 4th sentence). on the 5th sentence: it should be .... i would surely have difficulty finding (not surely find). my apologies.
1 person likes this
@artistry (4154)
• United States
15 Oct 09
...Hi moneymakingtoday, Thanks for your reply. When I read your response, I knew what you meant to say, I take your point. The time lost also, in finding someone to buy either the gold or the diamonds is time wasted. Then you have to negotiate a price. So, with cash in hand, you are ready at that moment to make a transaction, for whatever it is you want to do with the money. Good reasoning. Take care
@thaMARKER (3096)
• Philippines
2 Dec 09
It’s going to be money. If given lots of money, I’m sure there are plenty of things to do with it. A huge house would be fine but I like money better. Hahahaha..
1 person likes this
@artistry (4154)
• United States
2 Dec 09
...Hi thaMARKER, What was the saying in that movie "show me the money". Sounds good to me. The other things sound good, but you have to convert or hold on to them for an increase in value. To take care of business you really need the cash money. My thought would be cash, right here, right now. Gold and diamonds have to be sold. Again the cash works best for me. Thanks for your response. Take it easy.
@coolcat123 (4392)
• India
27 Oct 09
first of all I would want the genie to extend my choices or increase my choices. then I would tell him to give me the whole happiness.As I know that money does not bring all happiness while a poor sleeps without tension compared to rich. So, i want to be in the middle and enjoy the life at its peak.
1 person likes this
@artistry (4154)
• United States
29 Oct 09
....Hi there coolcat123, Well looks like you want the best of it all and why not. we only go around once, so why not reach for the moon, not only the stars. I have always said that I did not want to be rich, just well off. Although money does not buy happiness, it can help you with a little bit of contentment, knowing you can pay your bills. Take care.
@happy6162 (3011)
• United States
15 Oct 09
As I could use the million dollars and invest some to make more I might take it. But if I had a buyer for the gold or diamonds and I was getting more than a million I would then take one of them. No matters which one I took I would have to pay taxes and would not get the full amount anyway.
1 person likes this
@artistry (4154)
• United States
15 Oct 09
....Hi happy, You have to decide between the three, without knowing if you have a buyer for the gold or diamonds. So it has to be one or the other, if you hold on to the gold until it appreciates, your taxes can be paid out of the increase in your investment. Gold was worth about $1,000 an ounce a week or so ago. Would be nice to have the choice though.
@EARLZHAN (938)
• Philippines
15 Oct 09
I would go for the gold and diamonds I'm gonna sell it to get more cash. I think if I sell the diamonds or the golds I will get more than 1 million dollars. Bu if in that time I really need a money I would go for the 1 million dollars since it's really hard to find a trusted buyers for gold and diamonds.
1 person likes this
@artistry (4154)
• United States
15 Oct 09
...Hi EARLZHAN, Thank you for your response. I was thinking about that part of the situation when I was writing the question. If you needed cash at the moment, the gold or the diamonds would not do the trick. You would definitely have to find a buyer, for either the gold or diamonds. So your agenda would be a consideration. Take it easy.
15 Oct 09
A million in glod bullion. If you mean a million pices of diamonds and gold, I would go for gold. If I am going to sell he gold, the price is a couple of times more than the million dollar cash. It would be like owning a gold mine.
1 person likes this
@artistry (4154)
• United States
15 Oct 09
.....Hi radiance27, Thanks for your response. It's interesting that your name is radiance :o). Yes, the value of the diamonds would be a million dollars as well. I do think your choice is the wiser one, based on investment value. The dollar has fallen so much, its future value is suspect. The diamonds would probably be worth more than the cash, but I think the gold would be the best bet to hold its value, looking at current market conditions. Take care.
• United States
13 Jan 10
I choose the cash. I could use the cash to buy many things.
@artistry (4154)
• United States
13 Jan 10
...Hi there spiderlizard22, I think cash is a good choice as well, There are no commissions that would have to be paid, no discounts or premiums that might be involved. So it would be good to have all the cash in hand. I just thought of something, would the IRS consider it an untaxable gift, if a genie gave you the money? "o). Take it easy. Thanks for your response. Happy 2010.
@coolcat123 (4392)
• India
29 Dec 09
I think 1 million in diamonds would cost the most in the choices. As diamonds are more valuable than gold.
@artistry (4154)
• United States
29 Dec 09
...Hi there coolcat123, You may very well be correct. They also appreciate. I don't know the rate of appreciation between the three, but I am sure the gold and diamonds would appreciate much more than the dollars. The only consideration I would have would be my need at the moment. If I didn't need the cash for whatever, then I would want the diamonds or the gold. If there was a cash concern, then no doubt I would like to have the money. Thanks so much for your comment. Happy New Year to you and to your family. Take care.