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If you really think about it, you'll find a remarkable number of life's situations that are inherently risky. Nearly everything a person does is some form of gambling. Even with such mundane act of getting up and going to work, increases one's chances 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, toto macau even in its most basic element, it is nothing more than "betting" that someday tomorrow will probably be better with pleasant expected returns on investment; or maybe 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 may look-at investing in terms of chart formation, or you put your hard earned 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 more folks, buying more stuff, utilizing more energy, dependent upon more gadgets-with hope which you can cash in; or possibly not. You are basically "betting" on all of it.
So it is, with the lottery-a type 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 lots of other countries, such as the United States. The lottery, as a form 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 just chance alone; however the lottery does not require any special skills-set to play.
As with any risk, there's always something at stake. Even if you opt to take the risk of starting a business, you stand to lose money, time and your reputation. The same things you stand to gain when you take the opportunity to start your own business. The lots you buy to play the lottery are today within the type of tickets as well as the prize is usually a sizable sum of money. The draws are random and every player has an equal chance of winning the key prize which often grows really big with massive roll over jackpots.
Come to look-at it in face value, investing within any money market really is, legalized gambling, per se. You may look-at investing in terms of chart formation, or you put your hard earned 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 more folks, buying more stuff, utilizing more energy, dependent upon more gadgets-with hope which you can cash in; or possibly not. You are basically "betting" on all of it.
So it is, with the lottery-a type 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 lots of other countries, such as the United States. The lottery, as a form 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 just chance alone; however the lottery does not require any special skills-set to play.
As with any risk, there's always something at stake. Even if you opt to take the risk of starting a business, you stand to lose money, time and your reputation. The same things you stand to gain when you take the opportunity to start your own business. The lots you buy to play the lottery are today within the type of tickets as well as the prize is usually a sizable sum of money. The draws are random and every player has an equal chance of winning the key prize which often grows really big with massive roll over jackpots.
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