If you really consider it, you'll find an amazing range of life's situations that can be 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 chances of being killed in a transportation accident. In face of today and everything you know about investing, be it in business, an asset class (stocks, bonds, real-estate, cash and commodities), or index fund, even in its most basic element, it's nothing but "betting" that someday tomorrow will probably 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 any money market really is, legalized gambling, per se. You may look-at investing with regards to chart formation, or you put your hard earned money in the utilities anticipating when they are "due", you cash in or again maybe not; or you decide 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's not gambling, then what is? Basically, you are betting that in 5, 10 or 15 years from now there will be more individuals, buying more stuff, utilizing more energy, dependent on more gadgets-with hope which you can cash in; or possibly not. You are basically "betting" on all of it.
So it really is, with the lottery-a type of gambling with origins in Florence, Italy, where the 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 lots of other countries, such as the United States. The lottery, toto as a form of government-licensed gambling, involves drawing of lots for a range of winnings and then for the massive jackpot prize. Gambling, like poker, blackjack, roulette, sports betting and racing, can involve skill or just chance alone; although the lottery doesn't require any special skills-set to play.
As with any risk, there's always something at stake. Even if you choose to take the risk of starting a business, you stand to lose money, time and your reputation. The exact same things you stand to gain whenever you take the opportunity to start your own business. The lots you buy to play the lottery are today within the type of tickets as well as the prize is often a sizable sum of money. 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 any money market really is, legalized gambling, per se. You may look-at investing with regards to chart formation, or you put your hard earned money in the utilities anticipating when they are "due", you cash in or again maybe not; or you decide 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's not gambling, then what is? Basically, you are betting that in 5, 10 or 15 years from now there will be more individuals, buying more stuff, utilizing more energy, dependent on more gadgets-with hope which you can cash in; or possibly not. You are basically "betting" on all of it.
So it really is, with the lottery-a type of gambling with origins in Florence, Italy, where the 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 lots of other countries, such as the United States. The lottery, toto as a form of government-licensed gambling, involves drawing of lots for a range of winnings and then for the massive jackpot prize. Gambling, like poker, blackjack, roulette, sports betting and racing, can involve skill or just chance alone; although the lottery doesn't require any special skills-set to play.
As with any risk, there's always something at stake. Even if you choose to take the risk of starting a business, you stand to lose money, time and your reputation. The exact same things you stand to gain whenever you take the opportunity to start your own business. The lots you buy to play the lottery are today within the type of tickets as well as the prize is often a sizable sum of money. 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.