You mean my retirement accounts that I've been dumping money into since the DOW was at 2,700? One bad 12-month period should not deter a serious long-term investor brother. I HOPE the markets stay low for a few more years yet even -- that would be GREAT -- just can accumulate TONS of shares that will swell up by the time I retire.
I'm pretty much the same. I miss sometimes, but generally buy one Lotto and one Mega ticket for one or two drawings a week. I never expect to win anything--it's just for entertainment.
If you buy a ticket, your chances of winning are infinitely greater than if you don't buy a ticket at all. But if you buy a second ticket for a particular drawing, your winning chances have only (roughly) doubled. So I stick to just buying one ticket per drawing--makes me feel like I'm "buying infinity" for just a buck.
I did once win $14--not $14mm, just $14--and it didn't give me a lot of confidence in handling large winnings: I gave each of my kids $5, and the rest I just blew.
Very true and your statement shows wisdom beyond your years.
But I do have a hypothetical question for your Brian -
If your brother stole your wallet today (instead of a few years back when you called the cops on him) and played the mega millions with all the cash you had in your wallet and actually hit the $220 million jackpot would the winnings be yours or his? Would you want any?
I guess growing pot in your parents home, although more risky than playing the lotto, certainly has greater odds for potential for profit than playing said lotto.
It also gives you an education on horticulture so bravo.
Although it does not make you smart enough NOT to call the cops to said growing facility after said brother steals said wallet.[/quote]
Still my favorite response to the board's village idiot.
What if you were born in the crappy parts of the USA? Or were extremely ugly?
I resurrected this thread as mine was unaccountably deleted.
I love Flagpole bragging about how much he invested after the Bush-authored collapse.
Many people LOST most of what they had, and lacked the funds (after listening to the 'experts' who drove the economy onto the rocks...yet stil got their bonuses) so lacked the opporunity and means to score as well as the vaunted Flagpole did.
Wow. The irony is immense.
If I don't win, I spent $4 so big wow, I hope someone who was financially crippled by someone from Lehman Bros or Merrill Lynch regains their financial health with a monstrous vengeance.
Don't bother replying, after my post being deleted I'm out of here.
Good luck and good health to all...well...MOST of you.