Stock market or Lotto?

[Timmycard]

A few years back some people tried to convince me to invest in the stock market...They told me that playing lotto was throwing my money away...
I told them at the time that the stock market is a form of lotto not much different than Keno or any kind of lottery.....
Yesterday I saw 2 of these people they both lost a lot of money in the last week in this variation of a lotto game Wall Street kind...and I mean a lot....Actually the money I invested into the lotteries is doing much better than their stocks.....
So here's my question...
Can someone become stock compulsive ?
Follow this advice... Don't wait to wake up with a Flinstone face before figuring it out.

 

[blitzed]

hiya Timmy, yup I've always thought the same thing...investing is still gambling...sure there is a lto more research you can do, but a lot of it is still luck. some investments are wickedly evil and many people don't know any better.

Here is a good joke:

Liquid Assets:

If you had purchased $1,000 of shares in Delta Airlines one year ago, you would have $49.00 today.
If you had purchased $1,000 of shares in AIG one year ago, you would have $33.00 today.
If you had purchased $1,000 of shares in Lehman Brothers one year ago, you would have $0.00 today

But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for recycling refund, you would have received $214.00.

Based on the above, the best current investment plan is to drink heavily & recycle. It is called the 401-Keg.

 

[blavkwidow]

Thanks For The Laughs.

Thanks For The Laughs guys. This is just what the stock Market gal needed tonight.

 

[blitzed]

hiya blavkwidow, yup things could always be worse.

anyway, one of my friends was in the army and is fond of target shooting...he told me that if he bought $1k of ammo a year ago, it'd be worth almosdt twice as much today - assuming of course that he could resist goin out to the shooting range and usin it all heh!

take it easy,
blitzed

 

[time*treat]

With lotto, you know exactly how much you are throwing away at any given moment.

With the markets, you may wake up to a sudden ...

 

[stefan]

hiya Timmy, yup I've always thought the same thing...investing is still gambling...sure there is a lto more research you can do, but a lot of it is still luck. some investments are wickedly evil and many people don't know any better.

Here is a good joke:

Liquid Assets:

If you had purchased $1,000 of shares in Delta Airlines one year ago, you would have $49.00 today.
If you had purchased $1,000 of shares in AIG one year ago, you would have $33.00 today.
If you had purchased $1,000 of shares in Lehman Brothers one year ago, you would have $0.00 today

But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for recycling refund, you would have received $214.00.

Based on the above, the best current investment plan is to drink heavily & recycle. It is called the 401-Keg.

Funny , excellent and brilliant answer! This one made me laugh!

Stefan