Would you take out a massive loan if you knew you were going to die very soon?

r/

Let’s say you acquired a superpower where you can foresee the future, and you can foresee that you will inevitably and definitely die in one month. Assuming you are medically fit and you will die from an accident. You don’t have a family and no mortgage. Will you take out a huge loan and spend it all irresponsibly on the craziest experiences?

I would leave everything behind and travel to the most remote and inaccessible place in the world e.g. the most remote part of the Sahara dessert, the most remote island in the Pacific Ocean

Comments

  1. AutoModerator Avatar

    Copy of the original post in case of edits: Let’s say you acquired a superpower where you can foresee the future, and you can foresee that you will inevitably and definitely die in one month. Assuming you are medically fit and you will die from an accident. You don’t have a family and no mortgage. Will you take out a huge loan and spend it all on the craziest experiences?

    I would leave everything behind and travel to the most remote and inaccessible place in the world e.g. the most remote part of the Sahara dessert, the most remote island in the Pacific Ocean

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  2. j13409 Avatar

    I’d either do that or wallow in depression. Not sure which.

  3. -_-___--_-___ Avatar

    I doubt most people would be able to get a massive loan in a quick enough time period to be able to enjoy it within a month.

  4. molten_dragon Avatar

    If I didn’t have a wife or kids to worry about, absolutely. I’d rack up as much debt as humanly possible before I died.

    Real life I’ve got a wife and kids who will need the money I’m leaving behind so I wouldn’t do it.

  5. juneseyeball Avatar
  6. abstractengineer2000 Avatar

    If i can foresee the future, take the max loan, buy in far out or call options for stocks, get returns in insane ratio due to leverage, pay off the loan in 30 days.

  7. DrunkenHorse12 Avatar

    How do you die in accident you have 1 month to avoid?

  8. hey-gift-me-da-wae Avatar

    No because isn’t there some thing where if you have money owing on a loan that your family has to pay it off when you die?

  9. Suitable-Scholar-778 Avatar

    If I was told I would be 100% be dead say in year for … reasons (who cares why) and I didn’t have a wife and no heirs, I would absolutely go freaking nuts. I would sell all my assets and take out as many loans as possible. I already have insanely high limits on my cards so I would just max those out one at a time and just pay minimum payments for a while. Probably open another half dozen before I sold anything and tell the CC I’m about to remodel my house and need the line of credit. Wouldnt do a HELOC since I’m dumping assets to make sure I get into the final stretch with money in my pocket. My credit score hovers in the 830s so it would be a few months before they figured out something was wrong. So short answer is fuck yes… I’m gonna leave a massive crater but fuck em.

  10. No_Discount_6028 Avatar

    Nah. I have like 20k between my high yield savings accounts and my retirement fund. I’d rather just blow 10k that month and let my family use the rest to cover death-related expenses.