If you really consider it, you will discover a remarkable range of life's situations that are inherently risky. Nearly everything someone 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, whether it be in business, an asset class (stocks, bonds, real estate, cash and commodities), or index fund, even in its most basic element, it's nothing but "betting" that someday tomorrow is going to be better with pleasant expected returns on investment; or perhaps not. There is just one big risk you should avoid and that's the risk of doing nothing and not taking your chance.
Come to look at it in face value, investing in almost any money market really is, legalized gambling, per se. You may look at investing with regard to chart formation, or you put your money within the utilities anticipating once they are "due", you cash in or again maybe not; or you decide to have 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 is 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, determined by more gadgets-with hope that you could cash in; or perhaps not. You are basically "betting" on all of it.
So it really is, with the lottery-a form of gambling with origins in Florence, Italy, where the 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 several other countries, such as the United States Of America. The lottery, as a type of government-licensed gambling, involves drawing of lots for an assortment of winnings as well as for the massive jackpot prize. Gambling, like poker, Continue blackjack, roulette, sports betting and racing, can involve skill or just chance alone; however the lottery won't require any special skills-set to play.
As with any risk, there is always something at stake. Even when you opt to take the risk of starting a business, you stand to lose money, time as well as your reputation. The same things you stand to gain whenever you take the opportunity to start your own business. The lots you buy to play the lottery are today within the form of tickets and the prize is often a big sum of cash. 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.
Come to look at it in face value, investing in almost any money market really is, legalized gambling, per se. You may look at investing with regard to chart formation, or you put your money within the utilities anticipating once they are "due", you cash in or again maybe not; or you decide to have 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 is 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, determined by more gadgets-with hope that you could cash in; or perhaps not. You are basically "betting" on all of it.
So it really is, with the lottery-a form of gambling with origins in Florence, Italy, where the 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 several other countries, such as the United States Of America. The lottery, as a type of government-licensed gambling, involves drawing of lots for an assortment of winnings as well as for the massive jackpot prize. Gambling, like poker, Continue blackjack, roulette, sports betting and racing, can involve skill or just chance alone; however the lottery won't require any special skills-set to play.
As with any risk, there is always something at stake. Even when you opt to take the risk of starting a business, you stand to lose money, time as well as your reputation. The same things you stand to gain whenever you take the opportunity to start your own business. The lots you buy to play the lottery are today within the form of tickets and the prize is often a big sum of cash. 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.