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Why invest money if you can gamble with money, why gamble money if you can invest money? |
why are there more gambling addicts than people who invest their money addicts, they both have the same motive, greed why? why? This article explains how gamble makes money i think it applies to investing. http://www.siusic.com/wphchen/... Report It Gambling is an entertaining to win or lose money,a short term process. Investing is usually a long term process such as buying a house, stocks, getting a degree etc. Well they both are similar in the sense that they both require skill to make money. While investing and gambling are very similar in many ways , the key difference is that the risks involved with investing are very much more calculated. There are many forms investing and many forms of gambling. As a professional investor I can tell you the motive is not nearly as much greed as it is , ambition for a better life for me and my family. I am 32 years old and have not had a 'job' for seven years. I started my own business and began investing in Real Estate ( I also 'gamble' on a few stocks ) Why work hard for your money when you can have your money work hard for you. Too many people work hard all of their lives without ever getting anywhere. The need for people to learn how to create residual income has never been greater. With the technology available today we have made a transition from the 'industrial age' to the 'information age'. Hard work is great as long as you are taking care of your own business not somebody else's. In a job you work countless hours with little vacation time and may or may not be able to retire comfortably when you are a senior citizen. Owning a business or at least investing in some form is quickly becoming a necessity for anyone who desires a better life and much more time to enjoy with your family. There has never been a better time than right now to begin to invest in yourself. For this reason I have added an additional feature to one of my websites. This allows people an opportunity to create residual income and start your own business. There is a wealth of knowledge and resources available , from publishing a book you have written to starting your own on-line business in five minutes complete with a customizable website. You can invest in yourself and start right now for $75 - $100 Gambling is more like a luck game. Wealthy people gamble to kill their time. Less wealthy people gamble to take on the chance to become wealthy. In gambling you cold lose all your money in one night or one hour,but in investment specially in Mutual Fund you could ride out your loss and wait for the bull to regain or increase your investment,which is impossible in gambling. Well, you can throw your money away at gambling, or you can invest your money in low risk mutual funds for a sure return. |
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If you don't know what to do, just open a CD for now. You can easily get 5% yield right now. This web site is a good source for comparing interest rates on CDs and savings accounts. ... Start by saving your money in a savings account. Develope good habits with your money. In the mean time, you should educate yourself about the stock market. Buy a book or better yet, visit my blog.... Dear Jordan: This is indeed a very wise thing to do. You can start investing at 15, though you'll need your parents to open a custodial account for you (ie just drag one of them to a comput... Of course there is. IGN bank is one. Currently paying 4+%. US tbills is another currently paying 5%. Both have web sites. ...At your young age, it's refreshing to see you care about important matters like helping out your family and looking to get returns better than what savings accounts pay in interest. Go abou... Inflation is continually eating away at your principle at about a 4% rate annually, sometime more infrequently less. Then on top of that there are taxes which eat away at the income your principle... This is Yahoo!, not the freakin' oracle. You need to provide more information if you want any kind of an answer. ...It is better invest the amount in your name and keep your grand son as nominee or as a joint holder. See that your name is first and the other name in 2nd place. If you invest in this way, there ... |
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