Possible Reasons To Play The Lottery
- From: bs866806@xxxxxxx
- Date: Thu, 17 Jan 2008 02:11:42 -0800 (PST)
For every bad decision there are usually at least a couple of good
reasons why the decisions was made. Adults with ADD can be easily
swayed to make a bad impulsive financial decision. If you are making a
big financial decision you need to give yourself the time to
thoroughly research what you are buying or agreeing to so that you
know both the positive and negative aspects of your investment.
Playing the lottery on a regular basis is a bad financial strategy.
Statistically you will get a negative return for the money that you
invest in playing the lottery. However if you just focused on these
three reasons you might be inclined to make the lottery part of your
investing portfolio.
1. If you are skilled enough to invest in the next Microsoft or Yahoo
you might get a hundred times what you had originally invested. With
the Lottery you have the potential to get a million or more times your
original investment. Although the odds are slim that you will win, no
other investment opportunity has the potential to dramatically change
your life like the lottery can.
2. The lottery should be used as a one-time investment strategy, if
you invest enough money in certain lottery games with lots of small
cash prizes, you have a good chance at some point of making more money
than you had originally invested. The reason why the lottery is such a
bad investment is that people do not have the ability to stop once
they are winning money. If you simply stop spending money once you are
ahead you will make a good one time return.
3. Investing in the Lottery is simple. You do not have to worry about
paying fees, research, ordering or regular tracking. For most
lotteries you will find out what your return is within a couple of
days.
The Lottery is a simple fun way to invest excess funds with a chance
at a large return on your investment. The Lottery should be included
as an important part of your high risk investment portfolio.
It can be dangerous for many Adults with ADD to even start playing the
lottery on a regular basis because they are more inclined to develop a
gambling addiction. The lottery should not be used by anyone as part
of an "investment strategy".
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