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Fun Facts : Swingers Discussion 21526210131
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Sav:

I do not care what someone spends their disposable income on. For many, the problem with lottery is the habit is replacing doing useful things with their money. Of course the same can be said for the shoes, too. If you are not socking away a bunch of your money every time you earn it, you are making a huge mistake. This is a way of life for most of America and yes, i think it is stupid. I am not talking about survival, i am talking about disposable income going everywhere, and zero to very little going where it should.

Yes, it is stupid to spend with out investing first. Getting more stupid every day.

Philadelphia PA
 
 
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Gambling and calculated risk are entirely different and you all know it. How long will this be ruminated? Even if my lawn business goes under my contacts and knowledge base does not. A year later I may find someone to partner with and be the missing link in the chain to success. Business and success are a on a continuum, and not a once and done 'thing'. Failures for many are stepping stones, not failures.

Philadelphia PA
 
 
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You know what I mean.

A critical difference here is that while both involve risk, the ability to manipulate your risk is zero in a lottery and high in a business startup.

Chesapeake VA
 
 
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"A lottery win chance is virtually Zero"

Actually, a lottery win is virtually guaranteed!

The chance of a specific person winning the lottery may be close to zero, but the chance of SOMEONE winning is a virtual certainty.

Moron Buenos Aires Argentina
 
 
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The main characteristic of a successful boot-strap type start-up is just stubbornness. When you think you are going to make x amount of dollars and your really end up making x/10 dollars; some just throw in the towel and give up. A few just buckle down and work harder, that is the ones that make it.

Very rarely is any start-up a raging success. Its a nerve wracking process even after you do it a few times. There is chance involved in a start-up but in the exact same circumstances some people will make it while others won't.

Gambling is the luck of the draw -- for most part. If you hold a pair of aces and someone else has three deuces you are going to loose when everyone shows their hands no matter how hard you work.

Lexington KY
 
 
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By definition gambling involves a risk-return scenario involving chance. Wikis article on gambling has a detailed explanation as to why business startups are not normally considered gambling, irrespective of the risks involved. You may accept or reject it as you wish.

In less complicated terms, investing with well-researched information is not the same thing as picking some random stock.

Put yet one more way, your ambition in gambling typically centers around "hope", whereas starting a business should not. If it does, well, bad idea dood.

Chesapeake VA
 
 
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Starting a business is absolutely gambling. You can be a legitimately good business owner and still go under. It's a risk with no guarantees for a return on your investment. It might have better odds for success than hitting the power ball, although the latter likely has a bigger payout and required minimal time, effort, and money.

T

Danville PA
 
 
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While I see what you're saying, I still think the degree of difference between the two is tremendous. A lottery win chance is virtually Zero and has nothing to do with the talents or ambition of the player, beyond their ability to buy lottery tickets. Even a loser with $400 can start a yard work business, and their chances of success are considerably higher. Above all, it is NOT gambling.

Chesapeake VA
 
 
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"I don't know how serious Choucho is (since he's almost never serious) but I find it offensive that one can compare a successful business outcome to winning the lottery. A lottery win is dumb blind luck."

It's true that many times I am not serious and I do take pleasure in offending people on the internet by typing words on a screen, but in this case, it was just dumb-luck on my part. I was being serious and wasn't trying to offend you.

I believe you are missing point. You and others are saying that it is stupid for poor people to take a longshot on the lottery. I'm saying that it is also a longshot to start a business and it become successful. Both endeavors are longshots, so do you believe that it is stupid for anyone to try to start a business?

Many or most poor people don't have the means or knowledge to start a business, but they can buy a lottery ticket that has the potential for being a big winner. The lottery option may be their only hope at being wealthy. I don't think it is stupid at all for someone to take that risk.

And as far as people on foodstamps buying lottery tickets, you should be all for it. If they win big, they will no longer qualify and you won't have to support them anymore. And even if they don't win, that money is going right back to the government for it to use on social programs.

Moron Buenos Aires Argentina
 
 
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Lol. Funny when she said she was bad at gambling I thought of strip poker. Someone beat me to the punch though. We are all perverts lol

Lexington KY
 
 
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