If you really consider it, you'll find an amazing range of life's situations that can be inherently risky. Nearly everything someone does is some form of gambling. Even with such mundane act of getting up and going to work, increases one's chances 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 even not. There is only one big risk you should avoid and that is 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 can 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 one of 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, determined by more gadgets-with hope that one can cash in; or even 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 within the 16th Century, then called the Lotto de Firenze, and quickly adopted by other Italian towns. It became a national lottery, but still known today as the Lotto in Italy, as also adopted and called in lots of other countries, including the USA. The lottery, as a form of government-licensed gambling, involves drawing of lots for a range of winnings as well as for the massive jackpot prize. Gambling, like poker, blackjack, roulette, sports betting and racing, can involve skill or simply chance alone; though the lottery isn't going to require any special skills-set to play.
As with any risk, there is always something at stake. Even if you opt to take the risk of starting a business, you stand to lose money, time and also your reputation. The same things you stand toto to gain whenever you take the chance to start your own business. The lots you buy to play the lottery are today within the form of tickets and also the prize is often a big sum of cash. The draws are random and every player has an equal chance of winning the main 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 can 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 one of 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, determined by more gadgets-with hope that one can cash in; or even 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 within the 16th Century, then called the Lotto de Firenze, and quickly adopted by other Italian towns. It became a national lottery, but still known today as the Lotto in Italy, as also adopted and called in lots of other countries, including the USA. The lottery, as a form of government-licensed gambling, involves drawing of lots for a range of winnings as well as for the massive jackpot prize. Gambling, like poker, blackjack, roulette, sports betting and racing, can involve skill or simply chance alone; though the lottery isn't going to require any special skills-set to play.
As with any risk, there is always something at stake. Even if you opt to take the risk of starting a business, you stand to lose money, time and also your reputation. The same things you stand toto to gain whenever you take the chance to start your own business. The lots you buy to play the lottery are today within the form of tickets and also the prize is often a big sum of cash. The draws are random and every player has an equal chance of winning the main prize which often grows really big with massive roll over jackpots.