{"id":8242,"date":"2024-02-15T09:00:00","date_gmt":"2024-02-15T14:00:00","guid":{"rendered":"https:\/\/www.backwoodshome.com\/blogs\/MassadAyoob\/?p=8242"},"modified":"2024-02-09T17:04:46","modified_gmt":"2024-02-09T22:04:46","slug":"when-an-investment-plan-fails","status":"publish","type":"post","link":"https:\/\/www.backwoodshome.com\/blogs\/MassadAyoob\/when-an-investment-plan-fails\/","title":{"rendered":"WHEN AN INVESTMENT PLAN FAILS"},"content":{"rendered":"\n<p>Neither I nor my lovely bride, the Evil Princess, normally play the lottery. We understand odds. It\u2019s a loser\u2019s game.<\/p>\n\n\n\n<p>But every now and then, it\u2019s fun to go against the odds.<\/p>\n\n\n\n<p>One day in a convenience store, on a whim, we decided to buy a lottery ticket. Hey, it\u2019s two dollars worth of hope, right?<\/p>\n\n\n\n<p>When the lottery was over, we found we had won\u2026another ticket.<\/p>\n\n\n\n<p>So, what the heck. We got the other ticket.<\/p>\n\n\n\n<p>When&nbsp;<em>that&nbsp;<\/em>lottery was drawn we discovered we had won ten dollars.<\/p>\n\n\n\n<p>Well, gee\u2026it\u2019s been a while since we\u2019ve been to Las Vegas, but I\u2019m not sure they even have blackjack tables there anymore that take bets as low as ten dollars.&nbsp;&nbsp;The whimsy continued: we traded our winning ticket for five more two-dollar tickets.<\/p>\n\n\n\n<p>And won fifteen bucks on one of them.<\/p>\n\n\n\n<p>What to do? Why, what does any gambler do with a winning streak?&nbsp;<em>Ride it,&nbsp;<\/em>right?<\/p>\n\n\n\n<p>So we traded that in on seven more two dollar tickets, and a dollar bill in change. (I gave the Princess the dollar. Because she\u2019s cute. And because I love her.)<\/p>\n\n\n\n<p>And, whaddaya know, with that fourteen dollars worth of investment one of the tickets turned out to be worth twenty bucks.<\/p>\n\n\n\n<p>We discussed just how long that rate of winning would take to snowball to a million dollars. We never came up with a figure, partly because neither of us are math majors and mainly because we were both laughing too hard.<\/p>\n\n\n\n<p>So, we \u201cinvested\u201d our $20 winnings into ten more tickets.<\/p>\n\n\n\n<p>Which came up \u2026 bupkus. Nada. Nuthin\u2019. Zero.<\/p>\n\n\n\n<p>Thus ended our foray into the lottery as an investment plan.<\/p>\n\n\n\n<p>When it was over I said, \u201cLook on the bright side. Between us, we came out a dollar ahead.\u201d<\/p>\n\n\n\n<p>When she tried to slap me she missed, so I guess&nbsp;<em>I&nbsp;<\/em>came out ahead\u2026sort of\u2026 or at least even, maybe?<\/p>\n\n\n\n<p>But, anyway, now you know why that lottery ticket in the picture looks as if someone crumpled it up\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Neither I nor my lovely bride, the Evil Princess, normally play the lottery. We understand odds. It\u2019s a loser\u2019s game. But every now and then, it\u2019s fun to go against the odds. One day in a convenience store, on a whim, we decided to buy a lottery ticket. Hey, it\u2019s two dollars worth of hope, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":8243,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-8242","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-uncategorized"},"_links":{"self":[{"href":"https:\/\/www.backwoodshome.com\/blogs\/MassadAyoob\/wp-json\/wp\/v2\/posts\/8242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.backwoodshome.com\/blogs\/MassadAyoob\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.backwoodshome.com\/blogs\/MassadAyoob\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.backwoodshome.com\/blogs\/MassadAyoob\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.backwoodshome.com\/blogs\/MassadAyoob\/wp-json\/wp\/v2\/comments?post=8242"}],"version-history":[{"count":1,"href":"https:\/\/www.backwoodshome.com\/blogs\/MassadAyoob\/wp-json\/wp\/v2\/posts\/8242\/revisions"}],"predecessor-version":[{"id":8244,"href":"https:\/\/www.backwoodshome.com\/blogs\/MassadAyoob\/wp-json\/wp\/v2\/posts\/8242\/revisions\/8244"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.backwoodshome.com\/blogs\/MassadAyoob\/wp-json\/wp\/v2\/media\/8243"}],"wp:attachment":[{"href":"https:\/\/www.backwoodshome.com\/blogs\/MassadAyoob\/wp-json\/wp\/v2\/media?parent=8242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.backwoodshome.com\/blogs\/MassadAyoob\/wp-json\/wp\/v2\/categories?post=8242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.backwoodshome.com\/blogs\/MassadAyoob\/wp-json\/wp\/v2\/tags?post=8242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}