I find it odd that when a wealthy person hits the jackpot on a speculative trade or alt-coin I can't help but feel they were clever. Perhaps it is because buying and holding takes discipline whereas no discipline is required to buy a lottery ticket.
I find it odd that when a wealthy person hits the jackpot on a speculative trade or alt-coin I can't help but feel they were clever. Perhaps it is because buying and holding takes discipline whereas no discipline is required to buy a lottery ticket.
You're probably more likely to have a jetliner fall out of the sky on your head than win the lottery.
But hey, do what you like. Feel free to "invest" in the lottery. Don't forget that you won't get any tax breaks on the jackpot if you win it, either.
Meanwhile, investing $250 in stocks once a year won't do much to change that person's life. Even if the total value of those stocks double in value in 10 years, that's 10 years of the person's life gone and they've managed to save only $5,000. That's pretty grim