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I AM NOT an investment advisor and never hold myself out as one, however my clients continue to ask me how to better prepare for retirement. Should I do an IRA? Should I max out my 401(k) contribution? Should I put more in my profit sharing plan or pension plan? What do I tell them? You may as well invest in the Lottery!Free Vector | Lottery tickets, balls and flying golden coins. gambling  business advertising

Contrary to popular belief, none of these are wise investmentsagen judi togel. Why? Among other reasons, they all involve putting money into an investment vehicle over which they have little control as to investment and timing and most people end up choosing Mutual Funds as their investment within these plans. In fact, putting your money into the Lottery would be a better investment.

Really? The Lottery as an investment vehicle? Sound crazy? Gamble my retirement funds away in a government-sponsored game of chance where I have little chance of winning? Where millions of other people are putting in money in hopes of winning the big one? Where most of the money goes to someone else and the chances are strong that I will lose part or all of my money?

Wait a minute – are we talking now about the Lottery or about Mutual Funds? Hmm, a government sponsored program where I have little chance of winning. Sounds like a lot like Mutual Fund investment in a 401(k) or IRA. After all, what are my chances of retiring on Mutual Fund investments? Not very high, actually.

A couple of years ago, I was listening to a financial program on the radio on my way into work. The interviewer was asking the representative of a large Mutual Fund about the performance of the Fund. The Rep responded that the Mutual Fund had risen in value by an average of 20% per year for the prior two years. But when the interviewer asked about the average return to the average investor in the Fund, the Rep responded that the average investor had actually lost 2% per year. Why? Because of the timing of going in and out of the market. Compare this to the Lottery, where everyone knows the exact chances of winning and the exact amount that could be won!

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