If you really think about it, there are a remarkable range 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, 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 really is nothing more than "betting" that someday tomorrow is going to be better with pleasant expected returns on investment; or perhaps not. There is only 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 hard earned money within the utilities anticipating once they are "due", you cash in or again maybe not; or you choose to have any among 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 more people, buying more stuff, utilizing more energy, dependent upon more gadgets-with hope you can cash in; or maybe 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 very first lottery was held in 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, including 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, blackjack, casino online roulette, sports betting and racing, can involve skill or simply chance alone; however the lottery won't require any special skills-set to play.
As with any risk, often there is 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 possibility to start your own business. The lots you buy to play the lottery are today in the form 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 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 hard earned money within the utilities anticipating once they are "due", you cash in or again maybe not; or you choose to have any among 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 more people, buying more stuff, utilizing more energy, dependent upon more gadgets-with hope you can cash in; or maybe 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 very first lottery was held in 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, including 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, blackjack, casino online roulette, sports betting and racing, can involve skill or simply chance alone; however the lottery won't require any special skills-set to play.
As with any risk, often there is 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 possibility to start your own business. The lots you buy to play the lottery are today in the form 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.