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OK:

 

a) THERE IS NO QUESTION

 

and

 

:) THERE IS ONLY ONE ANSWER

 

Why the heck do people not understand how to use a poll? How about the usage of a pole to solve the problem?

 

Grrr

 

icon_frown.gif

 

BTW, I recently saw a box of those Nevada tickets in a variety store. On the box they proudly state Incredible 70% payout. What amazes me is that people won't see this and realize what it means.

 

It means that statistically, for every dollar you put in you get 70 cents back. In other words YOU WILL LOSE 30 cents on the dollar if you play this game!!!!

 

Sure, if you play on occasion you might get lucky and come out ahead, but IF you are addicted to these YOU WILL LOSE.

 

When will people get it throught their skulls. THE HOUSE ALWAYS WINS. This is why gambling stays in business. People live in this fantasy world where they don't quite grasp the fact that casinos and lotteries work and stay in business because the odds are AGAINST YOU!!!

 

 

Enough ranting. If you want to throw your money away I'll give you my address and you can just give it to me. Every so often I'll give you a bit of it back to make you feel better.

 

Cheers,

 

Rob

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OK:

 

a) THERE IS NO QUESTION

 

and

 

;) THERE IS ONLY ONE ANSWER

 

Why the heck do people not understand how to use a poll? How about the usage of a pole to solve the problem?

 

Grrr

 

icon_frown.gif

 

BTW, I recently saw a box of those Nevada tickets in a variety store. On the box they proudly state Incredible 70% payout. What amazes me is that people won't see this and realize what it means.

 

It means that statistically, for every dollar you put in you get 70 cents back. In other words YOU WILL LOSE 30 cents on the dollar if you play this game!!!!

 

Sure, if you play on occasion you might get lucky and come out ahead, but IF you are addicted to these YOU WILL LOSE.

 

When will people get it throught their skulls. THE HOUSE ALWAYS WINS. This is why gambling stays in business. People live in this fantasy world where they don't quite grasp the fact that casinos and lotteries work and stay in business because the odds are AGAINST YOU!!!

 

 

Enough ranting. If you want to throw your money away I'll give you my address and you can just give it to me. Every so often I'll give you a bit of it back to make you feel better.

 

Cheers,

 

Rob

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If you bought $1,000 worth of Nortel stock one year ago, it would now be worth $49. If you bought $1,000 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, and traded in the cans for the deposit, you would have $79.

 

Is it sometimes better to just enjoy your money and not worry about the future by investing?

icon_smile.gif

 

Every hour spent geocaching is added to the end of your life

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If you bought $1,000 worth of Nortel stock one year ago, it would now be worth $49. If you bought $1,000 worth of Budweiser (the beer, not the stock) one year ago, drank all the beer, and traded in the cans for the deposit, you would have $79.

 

Is it sometimes better to just enjoy your money and not worry about the future by investing?

icon_smile.gif

 

Every hour spent geocaching is added to the end of your life

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Excellent J!

 

Thanks for putting just how much my mutual fund dropped in perspective (I'm laughing, honest) icon_biggrin.gif

 

I think I'll have a beer right now!

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Excellent J!

 

Thanks for putting just how much my mutual fund dropped in perspective (I'm laughing, honest) icon_biggrin.gif

 

I think I'll have a beer right now!

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OR...

 

If you buy a $1000 of worldcom today, @ $0.25 you would have 4000 shares.

 

Now, either

 

a) It blows up and you loose your $1000. (Think of the $1000 you waste on smokes or coffee or other things over a one year period)

 

;) It comes back up to $10/share in a couple of years in which case you have $40,000

 

Personally, I think it is a heck of a better bet then lottery tickets!!!

 

Cheers,

 

Rob

 

Rob

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