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stephaniebrass
ゲストIf you really think about it, there are a remarkable number of life’s situations which are inherently risky. Nearly everything a person does is some type of gambling. Even with such mundane act of getting up and going to work, increases one’s probability of being killed in a transportation accident. In face of today and everything you know about investing, be it in business, an asset class (stocks, bonds, real-estate, cash and commodities), or index fund, even in its most basic element, it really is nothing more than “betting” that someday tomorrow is going to be better with pleasant expected returns on investment; or possibly not. There is just one big risk you should avoid and that is the risk of doing nothing and not taking your chance.
Come to look-at it in face value, investing within any money market really is, legalized gambling, per se. You can look-at investing in terms of chart formation, or you put your money in the utilities anticipating once they are “due”, you cash in or again maybe not; or you decide to possess any one of the hundreds of analysts culling spreadsheets or fund index investors work on the fundamentals of investing for you in manufacturing, real estate, cash and commodities-no matter what your reasoning for that, if that’s not gambling, then what is? Basically, you are betting that in 5, 10 or 15 years from now there will be lots of individuals, buying more stuff, utilizing more energy, reliant on more gadgets-with hope that you can cash in; or maybe not. You are basically “betting” on all of it.
So it’s, with the lottery-a type of gambling with origins in Florence, Italy, where the very first lottery was held within the 16th Century, then called the Lotto de Firenze, and quickly adopted by other Italian metropolitan areas. It became a national lottery, but still known today as the Lotto in Italy, as also adopted and called in many other countries, including the United States Of America. The online lottery (Suggested Reading), as a type of government-licensed gambling, involves drawing of lots for a range of winnings and for the massive jackpot prize. Gambling, like poker, blackjack, roulette, sports betting and racing, can involve skill or simply chance alone; but the lottery isn’t going to require any special skills-set to play.
As with any risk, often there is something at stake. Even if you decide to take the risk of starting a business, you stand to lose money, time and your reputation. The exact same things you stand to gain when you take the chance to start your own business. The lots you buy to play the lottery are today in the type of tickets and the prize is usually a big sum of money. The draws are random and every player has an equal chance of winning the major prize which often grows really big with massive roll over jackpots.
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