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Bibliovore

(185 posts)
12. An old friend of mine jokingly called it "investment diversification"
Sat Dec 14, 2013, 10:38 AM
Dec 2013

She said, "You know, you're supposed to diversify your investments, putting some money into low-risk, low-yield options and some into higher-risk, higher-yield options. The lottery is very high yield, very high risk." And that's how she explained buying one lottery ticket each week.

They recently worsened the odds against winning this game. Loudly Dec 2013 #1
This is sad yeoman6987 Dec 2013 #44
Lottery: A tax on simple people bad at simple math Nanjing to Seoul Dec 2013 #2
well sure - normally the chance might be 10 zectillion to one against winning -but if God wants you Douglas Carpenter Dec 2013 #3
was that the hand of god helping out with a lottery commercial? hooo boy tomm2thumbs Dec 2013 #9
God & the lottery Cirque du So-What Dec 2013 #17
winning the lottery versus divine intervention Douglas Carpenter Dec 2013 #21
And here we go... ElboRuum Dec 2013 #7
Thank you. I'm sick of hearing it too. shireen Dec 2013 #11
An old friend of mine jokingly called it "investment diversification" Bibliovore Dec 2013 #12
+1 GreenPartyVoter Dec 2013 #31
people keep doing the pointless: the true mark of insanity and stupidity. Nanjing to Seoul Dec 2013 #15
Well, I'll bet you're a lot of fun at parties! The_Commonist Dec 2013 #22
wow. what a rude, classless and totally pointless personal attack. Nanjing to Seoul Dec 2013 #26
And yet calling people stupid and insane is classy? The_Commonist Dec 2013 #45
When people piss their money way down the lottery toilet, yes Nanjing to Seoul Dec 2013 #46
there's going to be one or a few people out there for whom it won't be pointless to buy a ticket magical thyme Dec 2013 #51
And you'd be wrong. ElboRuum Dec 2013 #52
To a select few... ElboRuum Dec 2013 #53
It suits me well. I have a large group of friends, a beautiful wife, an amazing career Nanjing to Seoul Dec 2013 #55
Odd... ElboRuum Dec 2013 #68
Wow. . .logical leap, assuming my life revolves around a website I frequent. Nanjing to Seoul Dec 2013 #69
DU is populated with all sorts. ElboRuum Dec 2013 #73
again, personal attacks. i'll stop this and take my coffee on the porch Nanjing to Seoul Dec 2013 #75
Funny, I thought I was "dismissed". ElboRuum Dec 2013 #76
Oh, thanks for this comment and... JackRiddler Dec 2013 #30
again, nice baseless, classless and pointless attack. Nanjing to Seoul Dec 2013 #32
So sad that you're unwilling to learn. JackRiddler Dec 2013 #33
No, it is popular the same way religion is popular. Nanjing to Seoul Dec 2013 #35
And I would say it's the critics that are the ones bad at math. kentauros Dec 2013 #41
I will buy one ticket for this lottery, if I remember to do so. I so rarely buy a lottery ticket it' CTyankee Dec 2013 #71
It's no one's retirement plan... ElboRuum Dec 2013 #74
Of course. But I used to hear it all the time, even back before I retired 10 years ago... CTyankee Dec 2013 #77
Regardless Cirque du So-What Dec 2013 #18
OK now I am going to buy $ 10 worth. grantcart Dec 2013 #23
when you lose, i promise not to gloat. Nanjing to Seoul Dec 2013 #25
If you win please give me $10 million. joshcryer Dec 2013 #42
Smugness: A cheap and false sense of superiority. JackRiddler Dec 2013 #28
The lottery is a regressive tax on the poor. joshcryer Dec 2013 #43
Stating the superfluous causes cancer. JackRiddler Dec 2013 #47
Aww, nah, you just minimized it as emotional fantasy playing around. joshcryer Dec 2013 #58
"emotions and psychology" are due to impoverishment and desparation joshcryer Dec 2013 #57
As I'm fine with the underlying ideas... JackRiddler Dec 2013 #59
But you insult "smugness" in critics. joshcryer Dec 2013 #62
Sigh. JackRiddler Dec 2013 #64
There is no victim blaming here. joshcryer Dec 2013 #65
Stop attempting to attribute your words to me. JackRiddler Dec 2013 #66
It's trivially inferred. joshcryer Dec 2013 #67
This message was self-deleted by its author delrem Dec 2013 #4
Now remember, you can't lose if you don't play. egold2604 Dec 2013 #5
heh heh heh -- I'm using that on my mother! thanks tomm2thumbs Dec 2013 #10
Funny Cirque du So-What Dec 2013 #19
Damn, the clerk swore he would sell me the winner.... hadrons Dec 2013 #6
Someone will win, and that win puts them in a position to do a lot of good. Jefferson23 Dec 2013 #8
Kind of a weird justification for it don't you think? JackRiddler Dec 2013 #34
I don't take it seriously, at all. Nor do I bother juggling the social upheaval you seem to suggest Jefferson23 Dec 2013 #49
No. JackRiddler Dec 2013 #60
I just read here at DU, about a guy who won the lottery yet died broke. Archae Dec 2013 #48
How sad, seems he had a history of personal difficulties long before he won the money Jefferson23 Dec 2013 #50
I'm in... Earth_First Dec 2013 #13
I bought two tickets yesterday underpants Dec 2013 #14
75 white balls lobodons Dec 2013 #16
I play so KewlKat Dec 2013 #20
Let's see here... jmowreader Dec 2013 #24
My brother-in-law's brother won $7 million in CT lottery. 1000words Dec 2013 #38
Hey my odds just went UP! I don't know anybody who has won any kind of lottery money... CTyankee Dec 2013 #72
I broke down & bought a ticket today. I should've just torched my $2, but oh well, lol catbyte Dec 2013 #27
I bought one. 840high Dec 2013 #29
Hey, SOMEBODY's gotta win, right? I know I have a better chance of being struck by a catbyte Dec 2013 #36
A buck it cheap for a few days of dreaming ripcord Dec 2013 #39
That's over a half of BILLION dollars 1000words Dec 2013 #37
Simple question Tom Rinaldo Dec 2013 #54
No it's not. JackRiddler Dec 2013 #63
Reminds me of a joke Packerowner740 Dec 2013 #40
Sign me up...I skipped the last one because it was too small. ileus Dec 2013 #56
That number is a shameless lie. JackRiddler Dec 2013 #61
Well Business Insider said a $1 ticket could be defended as an investment, sort of Tom Rinaldo Dec 2013 #70
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