i do not trust the stock market.
2006-07-12 00:02:14 · 2 answers · asked by ronzohooter 4 in Business & Finance ➔ Personal Finance
You pretty much lose money in both. If I had to choose, it would be the lottery because I don't trust the stock market either. Unless you are very very rich, it doesn't pay to touch it. The rich are able to know things about the stock market that we don't know. They are able to invest in stocks we can't touch. Those things they touch in the market are a sure thing. If you are interested in the stock market and what I'm talking about... read Rich Dad Poor Dad by Robert Kiyosaki. He does speak of the rich and the stock market. Personally...I put my money in ingdirect.com. At least there, it has a growing interest rate. It's almost 5% now! Good luck in whatever you choose because you will need it in both!!
2006-07-12 00:15:00 · answer #1 · answered by maniaajo 3 · 11⤊ 5⤋
On a statistical basis the odds of winning a state lottery are extremely low, however you may be able to invest a single dollar and win millions. If you invest in quality stocks, or mutual funds, you will almost always increase your investment in the long run.
My favorite quote about lotteries: "the lottery is a tax for people who are bad at math"
2006-07-12 01:25:24 · answer #2 · answered by Adios 5 · 0⤊ 0⤋