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Speaking of the lottery

April 20th, 2010 at 01:38 pm

My fellow co-workers are talking about the lottery again. I think one of them plays it on a regular basis, like maybe $30 a month. But the part that got me kind of worried is that he was trying to talk another co-worker into playing the lottery.

I wanted to say, "No, that's a bad idea. Save your money instead." But, since they're all good friends, and since I'm on good terms with all of them, I decided to just keep my mouth shut.

The funny part is they then joked that I should be playing the lottery instead of trading stocks. Trade my favored poison for another? Nah. Big Grin But they're right in a way. I too gamble in my own way. Even though my way still retains some semblance of equity and most pay dividend, whereas the lottery is typically just a straight loss.

The biggest difference though, is I emphasize the risk involved in stock trading, whereas they emphasize the benefits involved in playing the lottery. Still, in the end, I guess we're all gamblers of sorts.

1 Responses to “Speaking of the lottery”

  1. princessperky Says:
    1271957391

    Poker. Folk think it is as bad as the lottery, but since it is a game of skill, about as much skill as bridge or hearts. Not that folk are not dumb enough to play without skill, but there is no skill to make playing the lottery more than a shot in the dark. I think the average player has a better chance of getting cancer, aids, and Parkinson's than winning.

    I am not sure if I would rate stocks as more or less skill/luck than poker? But certainly better than the lottery!

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