Skip to content

Comment on Lotteries: America's $70B Shameparent

Comments

If you have only $5 in your pocket as this month's disposable income, there is no investment vehicle for turning that into $10. Besides putting it in a bank where it will lose value due to inflation, gambling may be the only non-zero investment opportunity available to you.

On the other hand, if you have $5MM in your pocket, there are tons of investment opportunities for you to choose from, from treasury bills to angel investing, limited only by your appetite for risk. You have an entire financial services industry that exists for the sole purpose of helping you turn that $5MM into $10MM.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.