It occurred to me that with the volatility of the NY Stock Market, the chances of timing my purchase of stocks to realize a significant gain is getting more difficult.
Which is why my latest investment strategy has been simply to just buy donuts. You see, everything about donuts is positive...the dough rises when the donut is cooked, they almost always taste good and the sugar gives me highs that make my stock purchases pale in contrast.
But there is another reason I really like going to the local donut shoppe...they have a terminal there for all the latest State lottery games and products. In fact, based on my observation, they sell 10x more lottery tickets than donuts.
It's been said that playing the lottery is like playing (investing) in the stock market. You pick some numbers and you might win. Well, you pick a stock and you could win also. No difference. In fact, picking numbers may be your better bet. A stock is influenced by so many factors, and there is no sure "bet."
It takes a lot more money to play the stock market..but only a few dollars to play the lottery.
And the free advice I get about the lottery is priceless..."You can't win if you don't play!" is my favorite.
I know, but if you play, you can also lose. Heck, isn't that the same as the stock market?
And then there's this... "The lottery is for people who are bad at math."
When I play the lottery, I don't like to spend my mind thinking. When I invest in the stock market, I have to look at all these graphs, compute these formulas, analyze the momentum, read the analysts reports and figure exit strategies. And I am really bad at math.
With the lottery all I do is say "quick pick." I wish my stock broker had that option.
Now, there are some other products that the lottery has that do tax your efforts. Take the scratchers, for example. Which numbers do I scratch off first..the winning numbers or "your numbers." And how do I scratch them..with a coin, a key, my finger nail or an official scratcher? Or do I simply bar code the ticket and let the computer tell me if I won..no scratching necessary!
Yeah, the way I've got it figured, I have 13 years left to live. After looking at my bank account, if I "invest" $3-5 a day in the lottery, I have just enough to last 13 years. Unless I win, of course, then WHO KNOWS! But if I take that that same back account amount, and invest in the stock market, WHO KNOWS!
Have to go now..It's Saturday morning and I need a donut fix. Or do I mean, a lottery fix. Actually, I lost so much in the stock market last week, a donut just might make me a winner again!
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