Friday, January 22, 2016

Do You Really Believe in Wishful Thinking?

     Remember the rhyme if wishes were horses beggars would ride? It's a 16th century English proverb to instruct children making a living takes real effort, not just wishing it so. Common wisdom.
     Today we have two new proverbs. All you need is a dollar and a dream. You can't win it if you ain't in it. Coined to sell lottery tickets. And people buy into this.
     So how often do you buy lottery tickets? Depending on the particular game, a single ticket can run one or two dollars a pop. $10? $20? I've witnessed people with long lists of their winning numbers. They wish. You?
     Consider this: if you put your lottery ticket money, dollars you throw away on a weekly basis, into a Karatbars account you would own an ounce of gold in about a month. Gold with real value, not a piece of paper tossed into the bin.
     Financial advisors say there has never been a better time to buy gold. They predict gold will go to $5000 an ounce in the next cycle. Even if gold misses that projection, gold is an investment not a gamble.
     Read. Learn. Invest.


     

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