August 12, 2013

Playing the lottery or going down to the local casino is a TERRIBLE way to “hit it big.” Why? Alternatives?

2 thoughts on “August 12, 2013”

  1. Thomas Graham says:

    The reason a casino and the lottery are terrible ways to hit it big are because the chances you are going to win anything substantial is extremely low. This in turn means that when you play you have a lot better chances of losing all of your money than winning anything worth taking home.

    You are much better off taking that money you were going to blow at the casino and investing it. This game, however, requires you to wait. The amount you could win at the casinos could easily be trumped by the savings account of someone who saved 20% of every paycheck.

    If you really want to be filthy stinking rich, put the odds on your side and you could easily become it. If you put all your chips into striking it rich on the blackjack table, you, more likely than not, will go bust.

  2. Mike Finley says:

    Well said, Thomas. The gambling industry feeds off the poor souls who are hoping to hit it big. Avoid that kind of thinking and stay far away from those establishments. Your financial future will thank you.

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