I don't want to win the lottery
By jenisedai, Monday, February 8, 2010, 1 commentsI know it sounds crazy, but I really don’t. Not saying I don’t want to be rich—I do. I just would rather it be through a book deal, or an invention, or my husband opening a fabulous restaurant, or any one of a hundred other ways; all of which involve effort on our parts. Here’s my hypothesis—when you don’t put a whole lot of thought into gaining the money, you don’t put a whole lot of thought into spending the money. So lottery money is, essentially, “free” money that you spend freely. This is why so many lottery winners end up broke. They haven’t had to put out any effort to get the money so it has no real value for them. So they toss it around and have a good time with it, but they don’t think about holding onto it. Why should they? It was free!


















1 Comments
401K
Charles Savoie--the Federal Government is hopelessly in debt. It's so aggravated it's like a 10 year old with a lemonade stand hoping to buy the Dallas downtown skyline. Eventual repudiation (read "default") seems the only way out. Guarantee the dollar? Can the entire American Medical Association cause ONE resurrection? No. Move any funds you can into silver. It's a far superior play than gold because world inventories have been reduced from a peak of roughly 10 billion ounces 60 years ago to a few hundred million today, and chemical/electronics industry cannot survive without it. For a commodity in extreme undersupply it has a blindingly huge naked short profile (silver has been sold short that cannot be delivered). The CFTC won't police this market! Remember the SEC would NOT police Bernard Madoff and Allan Stanford either! Silver been MONEY for thousands of years and was here until June 19, 1968, when silver certificate redemption was cancelled. The fact that innumerable economics textbooks paint silver out of the picture shows how shallow their authors are (or how bought off!) 401K's may be taken over by a Government hopelessly in debt. The most reliable money is that which you can hold in your hand and must possess the characteristic of not being inflatable to infinite supply (like paper and digital "dollars.") Christ was betrayed for 30 pieces of silver, that should suggest its timeless value.
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