Wednesday, May 31, 2006

Lottery vs Investing


Instead of throwing away $2 a week on lottery tickets for the next fifty years, invest that money in an aggressive growth mutual fund. Don't even think of saying that such an investment is too risky. Investing your money in the lottery is the ultimate risk and for all practical purposes carries a percent guarantee you you'll lose your money. Remember: The lottery is a tax on the ignorant.

Very excellent idea. Although finding a fund that only allows you to invest $8/month may be hard, unless you are using ShareBuilder.com

Quote of the Day

If a man empties his purse into his head, no one can take it away from him. An investment of knowledge always pays the best interest.

-- Benjamin Franklin

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